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Global Hunter Says Zhongpin Follows Strong Q4
Thursday, March 10, 2011 - 10:59am | 309In a report published by Global Hunter, Zhongpin (NASDAQ: HOGS) follows strong Q4 with share insurance. Global Hunter said that Zhongpin reported record Q4 and FY2010 results, exceeding consensus estimates and its prior full year guidance. “Operationally the company showed that it is benefiting...
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Tyson Foods Positioned for Continued Success
Thursday, March 10, 2011 - 10:48am | 174Donnie Smith, president and chief executive officer of Tyson Foods, Inc. (NYSE: TSN), today told the Bank of America/Merrill Lynch 2011 Consumer Conference that Tyson is well positioned to handle challenging economic times. Smith said the company's strong balance sheet, focus on execution and...
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Benzinga's Volume Movers (HGSI, GMCR, SMTC, SBUX)
Thursday, March 10, 2011 - 10:47am | 214Human Genome Sciences Inc (NASDAQ: HGSI) shares moved up 9.64% to $28.16 at 10:45 am. The volume of HGSI shares traded was 2533% higher than normal. GlaxoSmithKline Plc (NYSE: GSK) and HGSI received the Food and Drug Administration (FDA) approval for Benlysta, the first new drug to treat lupus in...
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J.P. Morgan Comments On Smithfield Foods Healthy Beat
Thursday, March 10, 2011 - 10:37am | 100In a report published by J.P. Morgan, Smithfield Foods (NYSE: SFD) reported a pro forma $0.84 3Q11 (Jan.) this morning, a healthy beat versus the Street's $0.69. J.P. Morgan said that it had estimated $0.74. “The beat was clean, in our view, as neither interest expense ($60MM) nor the tax rate (32...
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Top Narrow Based Indexes For March 10 (GMCR, LAS)
Thursday, March 10, 2011 - 10:01am | 238By 9:52 am, the Dow Jones Industrial Average was down 159.57 points, or 1.31%, to 12,053.52, while the broader Standard & Poor's 500 index had fallen 18.93 points, or 1.43%. The NASDAQ composite index dropped 44.22 points, or 1.61%. Some of the narrow based indexes that are still afloat in...
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Suntrust Raises Price Target On Green Mountain (GMCR)
Thursday, March 10, 2011 - 9:49am | 67Suntrust has raised its price target on shares of Green Mountain Coffee Roasters (NASDAQ: GMCR) to $74 from $50 in light of the deal with Starbucks (NASDAQ: SBUX). It continues to rate shares at Buy. At last check, shares of Green Mountain were up $12.34 to $55.98, a gain of nearly 28%.
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Morning Market Movers (GMCR, ATRN, HGSI, XRM)
Thursday, March 10, 2011 - 9:47am | 191Green Mountain Coffee Roasters Inc (NASDAQ: GMCR) shares surged 30.42% to $56.92 at 9:45 am. GMCR agreed to sell Starbucks Corp's (NASDAQ: SBUX) coffee and Tazo teas pods for its popular Keurig machines. Atrinsic Inc (NASDAQ: ATRN) climbed 19.91% to $5.06. ATRN reported that subscribers to its...
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Peet's Coffee & Tea Trading Lower Pre-Market (PEET)
Thursday, March 10, 2011 - 9:07am | 76Shares of Peet's Coffee & Tea (NASDAQ: PEET) are trading lower today pre-market. At the time of posting, shares of PEET were at $41.90, down 12.80% from Wednesday's close. The announcement of a partnership between Green Mountain Coffee Roasters (NASDAQ: GMCR) and Starbucks (NASDAQ: SBUX) might...
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Peet's Coffee & Tea Plunging 11% On Starbucks, Green Mountain Deal (PEET)
Thursday, March 10, 2011 - 8:59am | 100Peet's Coffee & Tea, Inc. (NASDAQ: PEET) shares are plunging in pre-market trading, down 11% to $42.60 on news that Starbucks (NASDAQ: SBUX) and Green Mountain Coffee Roasters (NASDAQ: GMCR) tied up in the single serve coffee market. So far, around 16,000 shares have been traded this morning...
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Green Mountain Coffee Roasters Shareholder Meeting At 10 AM (GMCR)
Thursday, March 10, 2011 - 8:39am | 49At 10:00 a.m., there will be a shareholder meeting forGreen Mountain Coffee Roasters Inc. (NASDAQ: GMCR). The stock is up 28% in pre-market trading to $56 after the company announced a deal with Starbucks for the single-serve coffee market.
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Benzinga's Top Pre-Market NASDAQ Gainers (GMCR, HGSI, SBUX, ATRN)
Thursday, March 10, 2011 - 8:24am | 193Green Mountain Coffee Roasters Inc (NASDAQ: GMCR) rose 29.93% to $56.70 in the pre-market session. GMCR agreed to sell Starbucks Corp's (NASDAQ: SBUX) coffee and Tazo teas pods for its popular Keurig machines. Human Genome Sciences Inc (NASDAQ: HGSI) added 8.41% to $27.84 in the pre-market session...
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Green Mountain Coffee Roasters Now Up 28% (GMCR)
Thursday, March 10, 2011 - 8:22am | 45Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) shares are now up 28% to $55.85 after the company announced a deal with Starbucks in the single serve coffee market. Over 660,000 shares have traded already this morning.
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Riding High with Global Economy, International REITs Offer Currency and Inflation Hedge
Thursday, March 10, 2011 - 7:43am | 1343Among dividend paying equity ETFs, REITs continue to out perform other dividend stock ETFs. Both international (RWX) and US REITs (IYR, VNQ) are ranked at the top two spots in the following trend score table. This trend has lasted several months now. For more detailed performance, please refer to...
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Global Hunter Downs HOGS To Reduce
Thursday, March 10, 2011 - 7:36am | 54Analysts at Global Hunter downgrade Zhongpin Inc (NASDAQ: HOGS) from “accumulate” to “reduce.” The target price for HOGS is set to $15. HOGS shares fell 1.52% to close at $17.48 yesterday. More Analyst Ratings here
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Icahn Buys 15.7K Stake In HAIN Celestial (HAIN)
Wednesday, March 9, 2011 - 5:25pm | 28According to a form 4 filing, Carl Icahn bought 15,700 shares of HAIN Celestial (NASDAQ: HAIN) at $29.31 between March 7-9, 2011.