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Goldman Initiates ConAgra At Neutral (CAG)
Thursday, March 31, 2011 - 7:18am | 157Goldman Sachs is initiating coverage on ConAgra Foods, Inc. (NYSE: CAG) with a Neutral rating and a $28 price target. In a note to clients, Goldman writes, "We are launching coverage of CAG with a Neutral rating. We view CAG as the best way to trade inflation cycles in Food and believe that the...
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Benzinga's Top Downgrades (CVGW, CBE, PPO, CEPH)
Thursday, March 31, 2011 - 7:12am | 136Calavo Growers Inc (NASDAQ: CVGW) was downgraded by BB&T Capital from "buy" to "hold." CVGW's shares closed at $22.75 yesterday. Calavo Growers' trailing-twelve-month profit margin is 4.22%. Deutsche Bank downgraded Cooper Industries plc (NYSE: CBE) from “buy” to “hold.” CBE's stock closed at...
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UPDATE: Goldman Sachs Initiates ConAgra at Neutral (CAG)
Thursday, March 31, 2011 - 7:11am | 153Goldman Sachs is out with its report today on ConAgra (NYSE: CAG), initiating CAG at Neutral. In a note to clients, Goldman Sachs writes, "We are launching coverage of CAG with a Neutral rating. We view CAG as the best way to trade inflation cycles in Food and believe that the current cycle will...
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BB&T Downs FLO To Hold
Thursday, March 31, 2011 - 5:47am | 42Analysts at BB&T Capital downgrade Flowers Foods Inc (NYSE: FLO) from “buy” to “hold.” FLO shares gained 0.63% to close at $27.34 yesterday. More Analyst Ratings here
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US Stock Futures Slightly Up As Investors Await Jobless Claims Data
Thursday, March 31, 2011 - 5:28am | 440US stock futures are slightly higher this morning, as investors are awaiting jobless claims data. Futures for the Dow Jones Industrial Average gained 10 points to 12,296.00 and S&P 500 index futures rose 0.20 point to 1,324.10. Nasdaq 100 futures added 1.25 points to 2,335.75. US stocks closed...
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Reddy Ice Holdings Reports Q4 Loss of $1.26 per share
Thursday, March 31, 2011 - 5:09am | 55Reddy Ice Holdings Inc (NYSE: FRZ) reported its Q4 loss at $1.26 per share. FRZ reported its Q4 revenue at $55.3 million, versus the consensus of $58.60 million. FRZ shares gained 2.49% to close at $3.30 yesterday. Read more from Benzinga's Company news.
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Stocks To Watch For March 31 (KMX, WOR, HSY, GPN, LWSN)
Wednesday, March 30, 2011 - 11:36pm | 251Some of the stocks that may grab investor focus today are: Wall Street expects CarMax Inc (NYSE: KMX) to report its Q4 EPS at $0.38 on revenue of $2.17 billion. KMX shares gained 1.39% to $35.07 in after-hours trading.. Analysts are expecting Worthington Industries Inc (NYSE: WOR) to have earned...
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Hershey Lowers 2011 Adjusted EPS Outlook To $2.70-$2.76/Share (HSY)
Wednesday, March 30, 2011 - 3:06pm | 128The Hershey Company (NYSE: HSY) today announced an increase in wholesale prices across the majority of its U.S., Puerto Rico and export portfolio. In 2010, the Company recorded GAAP charges of $53.9 million, or $0.14 per share-diluted, attributable to the Project Next Century program. Additionally...
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Hershey Announces Price Increase; Reaffirms Outlook for 2011
Wednesday, March 30, 2011 - 3:02pm | 116The Hershey Company (NYSE: HSY) today announced an increase in wholesale prices across the majority of its U.S., Puerto Rico and export portfolio. A weighted average price increase of approximately 9.7 percent across the Company's instant consumable, multi-pack, packaged candy and grocery lines...
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Snyder's-Lance Launches Nationwide Partnership with Armed Forces Foundation
Wednesday, March 30, 2011 - 11:39am | 100Snyder's-Lance Inc. (NASDAQ: LNCE) will partner with the Armed Forces Foundation beginning in May. This relationship with the Foundation will add to Snyder's-Lance's commitment to support military causes. The nationwide military initiative will support the Foundation's mission of promoting the...
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Top 4 Stocks In The Dairy Products Industry With The Highest EPS Estimates (WBD, ADY, DF, SYUT)
Tuesday, March 29, 2011 - 11:58pm | 150Below are the top dairy products stocks on the NYSE and the NASDAQ in terms of earnings estimate for the next year. The earnings estimate for Wimm-Bill-Dann Foods OJSC (NYSE: WBD) for the next year ending December, 2011 is $1.19 per share. WBD's trailing-twelve-month revenue is $2.48 billion....
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Companies With Above 2% Gains Within Last Hour (WMG, CAST, ANAD, OME)
Tuesday, March 29, 2011 - 1:38pm | 93Companies gaining within the last hour of trading Warner Music Group (NYSE: WMG) is currently trading $0.70 higher than yesterday's close, or +12%. Chinacast Education Corporation (NASDAQ: CAST) is currently trading $0.14 lower than yesterday's close, or -2%. ANADIGICS (NASDAQ: ANAD) is...
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Omega Protein Corporation States That Its Policy Is Not to Comment on Unusual Market Activity
Tuesday, March 29, 2011 - 1:30pm | 68Omega Protein Corporation (NYSE: OME) announced today that as a result of unusual market activity in the Company's common shares on March 29, 2011, the NYSE contacted the Company in accordance with the NYSE's usual practice and requested that the Company issue a public statement regarding that...
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KRAFT Macaroni & Cheese Turns Real Time Tweets Into National Commercials
Tuesday, March 29, 2011 - 12:59pm | 107KRAFT (NYSE: KFT) Macaroni & Cheese introduced "Mac & Cheese TV" to its fans by conceptualizing, producing and editing ten high-production commercials in just hours, based on real consumer tweets that mentioned macaroni & cheese. The spots, directed by Bob Odenkirk, were created to tap...
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Benzinga's Volume Movers (AMRS, LULU, LAYN, IPSU)
Tuesday, March 29, 2011 - 9:33am | 151Amyris Inc (NASDAQ: AMRS) shares moved up 3.05% to $28.08 at 10:30 am. The volume of AMRS shares traded was 369% higher than normal. AMRS had $257.93 million in total cash for the recent quarter. lululemon athletica inc (NASDAQ: LULU) shares rose 3.05% to $87.87. The volume of LULU shares traded...