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ING Group Ups Unilever To Buy
Friday, March 18, 2011 - 5:01am | 46Analysts at ING Group upgrade Unilever plc (NYSE: UL) from “hold” to “buy.” UL shares gained 1.01% to close at $28.94 yesterday. More Analyst Ratings here
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Hot Coffee Stocks
Friday, March 18, 2011 - 1:10am | 443News has been buzzing in the financial press recently about the possible takeover of Peet's Coffee (PEET) by Starbucks (SBUX). This is on the heels of the news about the partnership of Starbucks with Green Mountain Coffee Roasters (GMCR). Some investors consider McDonald's Corporation (MCD) to be a...
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General Mills Close To Buying Yoplait Stake (GIS)
Thursday, March 17, 2011 - 1:46pm | 207According to the Wall Street Journal, General Mills (NYSE: GIS) is closed to buying a majority stake in yogurt maker Yoplait for $2.22 billion. The deal has drawn political interest, and a deal with General Mills would be easier to get done. The French government has deemed yogurt a strategic...
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General Mills Close To Buying Yoplait Stake
Thursday, March 17, 2011 - 1:35pm | 212General Mills (NYSE: GIS), the second-largest U.S. food company by market value, is reportedly close to acquiring 50% of Yoplait Yogurt from private equity PAI Partners for $2.25 billion. The news was originally reported by the French daily Le Figaro and then Bloomberg News, which cited sources...
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What Do Japan and Libya Tell Us About Retirement Investing?
Thursday, March 17, 2011 - 11:10am | 3608The events of recent days reveal the connected nature of the world in which we live. Twenty years ago, Japan was part of the mysterious far east and now we share their disaster minute by minute and are moved by their courage and the tragedy. We also observe how startling events of nature, along...
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Coffee Holding Co. Inc. Reports EPS of $0.19
Thursday, March 17, 2011 - 8:29am | 107Coffee Holding Co., Inc. (Nasdaq: JVA) today announced its operating results for the three months ended January 31, 2011. In this release, the Company: Reports net sales of $25,641,093 for the three months ended January 31, 2011 and $21,359,151 for the three months ended January 31, 2010;Reports...
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Green Mountain Green In A Sea Of Red (GMCR)
Wednesday, March 16, 2011 - 12:53pm | 168Shares of Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) are sharply higher today, gaining $2.00 to $60.99, a gain of nearly 4%, despite the broader markets getting destroyed again today. Volume is running particularly high today, having traded around 4 million shares, which is just below the...
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UPDATE: J.P. Morgan Raises PT on Sanderson Farms to $39 (SAFM)
Wednesday, March 16, 2011 - 6:36am | 148J.P. Morgan is out with its report today on Sanderson Farms (NASDAQ: SAFM), raising its PT from $34 to $39. In a note to clients, J.P. Morgan writes, "We reiterate our Underweight rating on SAFM, which lately has outperformed its protein peers. Though we raise our target price to $39 from $34 (~$...
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JP Morgan Raises PT On Sanderson Farms To $39
Wednesday, March 16, 2011 - 6:08am | 30JP Morgan has raised the price target on Sanderson Farms, Inc. (NASDAQ: SAFM) from $34 to $39 and maintains its Underweight rating.
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Exiting Campbell Soup; 1000% Gain (CPB)
Tuesday, March 15, 2011 - 1:54pm | 168Benzinga's Option and Volatility Edge has had another great success. The Options and Volatility Edge suggested initiating a position in Campbell Soup (NYSE: CPB) for a long March $34/33 put spread/short $35 call position for a net credit of $0.05. Today the Options and Volatility Edge suggested...
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Kraft Foods CFO to Leave the Company
Monday, March 14, 2011 - 4:00pm | 78Kraft Foods (NYSE: KFT) announced today that Timothy R. McLevish, 55, Executive Vice President and Chief Financial Officer, will leave the company mid-year 2011 to pursue opportunities in general management. McLevish will be fully engaged in reporting the company's first quarter financial results...
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Calls Purchased on ConAgra Foods (CAG)
Monday, March 14, 2011 - 10:15am | 141Shares of ConAgra Foods (NYSE: CAG) are lower on the session by 0.77%, currently trading at $23.19. The stock has been moving largely higher over the past four months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A short...
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Citi Comments On World Of Growth At Cereal Partners Worldwide For General Mills
Monday, March 14, 2011 - 6:57am | 99In a report published by Citi, General Mills (NYSE: GIS) has a world of growth at Cereal Partners Worldwide. Citi said that it recently met with CPW's management, where they outlined the significant opportunities for the growth of global ready-to-eat cereal. “Management expects to drive high...
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Citi Reports Kraft Europe Set To Continue To Drive Growth In Sales And Margins
Monday, March 14, 2011 - 6:53am | 89In a report published by Citi, Kraft Foods (NYSE: KFT) is set to continue to drive growth in sales and margins. Citi said that it recently met with Michael Clarke, President of Kraft Foods Europe. “The tone was very positive as the Kraft Foods Europe story is one of improvement with a...
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Top Stocks of Russia
Sunday, March 13, 2011 - 12:31am | 572Did you know that the Market Vectors Russia Exchange Traded Fund (RSX) has significantly outperformed the S&P 500 over the last two years. It has also outperformed over the last year, the last six months, and the last three months. Where has all this strength come from? Russia has the world's...