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General Mills Reports Q3 EPS of $0.56 vs. $0.56; Revenues $3.56B vs. $3.69B
Wednesday, March 23, 2011 - 5:59am | 71General Mills (NYSE: GIS) today reported results for the third quarter of fiscal 2011. Net sales grew 2 percent to $3.65 billion Diluted earnings per share grew at a double-digit rate to reach 59 cents, including a benefit from mark-to-market valuation of certain commodity positions. Adjusted...
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US Stock Futures Up As Investors Await New-Home Sales Data, Crude Oil Rises Above $105 a barrel
Wednesday, March 23, 2011 - 5:24am | 495US stock futures are higher this morning, as investors are awaiting new-home sales data. Crude oil prices surged above $105 a barrel. Futures on the Dow Jones Industrial Average gained 27 points to 11,982.00 and S&P 500 index futures rose 3.30 points to 1,291.60. Futures for the Nasdaq 100 rose...
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Heinz Co. Director Sells 792,751 Shares of HNZ
Tuesday, March 22, 2011 - 3:55pm | 54In a Form 4 filed earlier today, Heinz Co. (NYSE: HNZ) CFO, Nelson Peltz, reported that he sold 792,751 shares of HNZ on March 18th-21st for an average price of $49.09. The transaction totaled $38,917,177. Mr. Peltz owns 15,250 direct shares and 2,032,084 indirect shares of HNZ. Source: The...
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March Market Madness: Kraft Foods (KFT)
Tuesday, March 22, 2011 - 1:20pm | 263As we mentioned earlier, this month we are going to be looking at the stocks that make up the DJIA. . Next up Kraft Foods (KFT). The score tells the story here. a -1.0 translates to a Strong Sell in our system. While fundamentals have a 1.1 score, the 5 year average EPS growth rate [...]
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Put Some Hop In Your Portfolio With These 5 Easter Stocks (CALM, HSY, KFT, TGT, WMT)
Tuesday, March 22, 2011 - 8:10am | 264Easter is upon us, and it's a time for friends, family, and eating. It's a time when kids get to see the Easter Bunny, take pictures with him, and find out what treats he left for them on Easter morning. If he's a really good Easter Bunny, maybe he'll leave some stock tips for mom and dad,...
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Benzinga's Top Downgrades (EXPD, VAL, HRL, AGP)
Tuesday, March 22, 2011 - 7:25am | 134Expeditors International of Washington Inc (NASDAQ: EXPD) was downgraded by RBC Capital from "outperform" to "sector perform." EXPD's shares closed at $48.33 yesterday. EXPD's PEG ratio is 1.76. Morgan Stanley downgraded Valspar Corporation (The) (NYSE: VAL) from “overweight” to “underweight.” VAL...
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Oppenheimer Gives Color On Feihe International Following Solid Earnings Results
Tuesday, March 22, 2011 - 6:24am | 177Oppenheimer Gives Color On Feihe International Following Solid Earnings Results Feihe International's (NYSE: ADY) 4Q revenue was stronger than expected, exceeding the Street's/Oppenheimer's expectations and its prior guidance. Lower GM and higher selling expense led to an EPS miss. Revenue and net...
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Davenport Downs HRL To Neutral
Tuesday, March 22, 2011 - 5:35am | 43Davenport Downs HRL To Neutral Analysts at Davenport downgrade Hormel Foods Corporation (NYSE: HRL) from “buy” to “neutral.” HRL shares closed at $27.93 yesterday. More Analyst Ratings here
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Japan's Disasters Slams the Market – What Happens to REIT Now?
Tuesday, March 22, 2011 - 12:37am | 1580The recent slide in global stocks due to the triple disasters in Japan erased 2011 S&P gains. The MSCI world index has decline more than 6.77% this month all the tickers are flashing red. The Fed pledges it will continue the second round of quantitative easing by buying back more treasuries...
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Top 4 Stocks In The Food-Major Diversified Industry With The Lowest PEG Ratio (HOGS, DOLE, UL, LANC)
Monday, March 21, 2011 - 11:46pm | 117Below are the top food-major diversified stocks on the NYSE and the NASDAQ in terms of PEG ratio Zhongpin Inc (NASDAQ: HOGS) has a PEG ratio of 0.49. HOGS' trailing-twelve-month ROE is 17.45%. Dole Food Company Inc (NYSE: DOLE) has a PEG ratio of 0.99. DOLE's trailing-twelve-month revenue is $6....
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David Rosenberg Sees Another Recession Coming (KFT, ABX, XOM, SLW)
Monday, March 21, 2011 - 11:58am | 280Noted bear David Rosenberg of Gluskin-Sheff was just on CNBC and Rosenberg thinks we may be headed for another recession, and that there are more risks to the recovery than there were in 209. Rosenberg said he sees a recession on the horizon, as food and energy costs are going to hit the consumer...
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Feihe International Reports Q4 EPS of $0.04
Monday, March 21, 2011 - 7:34am | 54Feihe International (NYSE: ADY) reported its Q4 EPS at $0.04, versus the consensus of $0.07. ADY reported its Q4 revenue at $62.3 million, versus the consensus of $54.40 million. ADY shares closed at $9.68 on Friday. Read more from Benzinga's Company news.
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Feihe International, Inc. Reports Q4 EPS of $0.04 vs. $0.07
Monday, March 21, 2011 - 7:29am | 59Feihe International, Inc. (NYSE: ADY) today announced unaudited financial results for the fourth quarter ended December 31, 2010. Exceeding guidance, revenue increased 41.6% to $62.3 million from $44.0 million in 4Q 2009 Net income increased to $1.9 million from a loss of $(27.0) million in 4Q...
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Benzinga's Top Upgrades (TGT, QCOM, SAFM, T)
Monday, March 21, 2011 - 7:25am | 140Target Corporation (NYSE: TGT) was upgraded by BMO Capital from "market perform" to "outperform." TGT's shares closed at $49.99 on Friday. Target's PEG ratio is 0.94. QUALCOMM Incorporated (NASDAQ: QCOM) was upgraded by Sterne Agee from "neutral" to "buy.” QCOM's shares closed at $51.71 on Friday...
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Benzinga's Top Downgrades (KFT, TGB, MHS, SFD)
Monday, March 21, 2011 - 7:24am | 141Kraft Foods Inc (NYSE: KFT) was downgraded by JP Morgan from "overweight" to "neutral." KFT's shares closed at $30.99 on Friday. Kraft Foods' PEG ratio is 1.51. Credit Suisse downgraded Taseko Mines Ltd (AMEX: TGB) from “neutral” to “underperform.” TGB's stock closed at $5.94 on Friday. Taseko...