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A Peek Into The Market Before The Trading Starts
Thursday, March 3, 2011 - 7:27am | 676<b>Pre-open movers</b> US stock futures are higher this morning, as investors are awaiting data on jobless claims and the non-manufacturing sector. Futures on the Dow Jones Industrial Average surged 93 points to 12,139.00 and futures on the S&P 500 stock index climbed 12.50...
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Heinz to Acquire 80% Stake in a Brazilian Food Company
Thursday, March 3, 2011 - 7:18am | 97H.J. Heinz Company (NYSE: HNZ) today announced that it has agreed to acquire an 80% stake in Coniexpress S.A. Industrias Alimenticias, a leading Brazilian manufacturer of the Quero brand of tomato-based sauces, tomato paste, ketchup, condiments and vegetables. The acquisition...
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Heinz Reports Q3 EPS of $0.84
Thursday, March 3, 2011 - 7:06am | 75HJ Heinz Co (NYSE: HNZ) reported its Q3 EPS at $0.84, versus the consensus of $0.82. HNZ reported its Q3 revenue at $2.72 billion, versus the consensus of $2.71 billion. HNZ shares dropped 0.06% to $48.95 in after-hours trading. Read more <a href="http://www.benzinga...
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US Stock Futures Up As Investors Await Economic Data
Thursday, March 3, 2011 - 6:23am | 420US stock futures are higher this morning, as investors are awaiting data on jobless claims and the non-manufacturing sector.Futures on the Dow Jones Industrial Average surged 75 points to 12,121.00 and futures on the S&P 500 stock index climbed 9.20 points to 1,315.00. Nasdaq 100 futures rose...
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Earnings Scheduled For March 3 (MRVL, HNZ, KR, NOVL, ALTH, BIG, BRLI, ACU, CLDX, ADUS, ACCL, IRWD)
Thursday, March 3, 2011 - 3:42am | 324Marvell Technology Group Ltd (NASDAQ: MRVL) is projected to report its Q4 earnings at $0.42 per share on revenue of $925.64 million. H.J. Heinz Co (NYSE: HNZ) is estimated to post its FQ3 earnings at $0.81 per share on revenue of $2.71 billion. Kroger Company (NYSE: KR) is expected to report its...
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Stocks To Watch For March 3 (KR, HNZ, ZUMZ, BIG, NOVL)
Thursday, March 3, 2011 - 2:48am | 195Some of the stocks that may grab investor focus today are: Wall Street expects Kroger Company (NYSE: KR) to report its Q4 EPS at $0.44 on revenue of $19.37 billion. KR shares gained 0.75% to $22.69 in after-hours trading. Analysts are expecting H.J. Heinz Co (NYSE: HNZ) to have earned $0.81 per...
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Chiquita Brands International Reports EPS of $(0.18) vs. $(0.02); Revenue $773M vs. $796.23M
Wednesday, March 2, 2011 - 4:29pm | 31Chiquita Brands (NYSE: CQB) today released final financial and operating results for 2010. Quarterly sales decreased 12 percent year over year to $773 million. Non-Gaap EPS $(0.18)
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J & J Snack Foods Corp. Announces Customer to Discontinue Purchases of Funnel Cake Fries
Wednesday, March 2, 2011 - 4:13pm | 60J & J Snack Foods Corp. (NASDAQ: JJSF) announced today that sales of its funnel cake fries to one existing customer will stop this month. Sales of funnel cake fries to the customer were $12.7 million in the fiscal year ended September 25, 2010 and $2.2 million in the first quarter of fiscal...
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Starbucks and Keurig: Who Needs Who More?
Wednesday, March 2, 2011 - 3:21pm | 219(TheStreet) -- Starbucks (NASDAQ: SBUX) just broke up with its longtime supermarket distributor Kraft (NYSE: KFT) and seems to have its eye on Green Mountain Coffee Roasters (NASDAQ: GMCR) for a steamy single-cup partnership. But who wants who more? If both Starbucks' recent struggles and Green...
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Janney Capital Upgrades Calavo Growers to Buy
Wednesday, March 2, 2011 - 2:14pm | 19Janney Capital upgrades Calavo Growers (NASDAQ: CVGW) from Hold to Buy
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Calls Purchased on ConAgra Foods (CAG)
Wednesday, March 2, 2011 - 11:17am | 132Shares of ConAgra Foods (NYSE: CAG) are lower on the session by 0.87%, currently trading at $22.71. 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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Calavo Growers Reports Q1 EPS of $0.16 vs. $0.26
Wednesday, March 2, 2011 - 9:01am | 80Calavo Growers, Inc. (Nasdaq: CVGW) today reported a solidly profitable fiscal 2011 first quarter on the strength of revenues that rose approximately 36 percent from the corresponding period last year. Net income for the three months ended Jan. 31, 2011 totaled $2.3 million, equal to $0.16 per...
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Top 4 NYSE Stocks In The Food-Major Diversified Industry With The Highest Cash (UL, KFT, HNZ, DOLE)
Wednesday, March 2, 2011 - 4:41am | 135Below are the top food-major diversified stocks on the NYSE in terms of cash. Unilever plc (NYSE: UL) had $3.94 billion in total cash and $13.12 billion in total debt for the latest quarter. Kraft Foods Inc (NYSE: KFT) had $2.48 billion in total cash for the latest quarter. Meanwhile, KFT's total...
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Mad Money Lightning Round: Cramer Dislikes NVIDIA (NVDA, MEE, WLT, BTU, GG, NGD, HAIN, WFMI, HERO, NBR, SLB)
Wednesday, March 2, 2011 - 4:35am | 222On CNBC's Mad Money, Jim Cramer said during the Lightning Round that he can “no longer get behind NVIDIA (NASDAQ: NVDA).” For Massey Energy (NYSE: MEE), he said, "I'll let you own it for now. I think there's a better bid coming. But I still like Walter Industries (NYSE: WLT) and Peabody Energy (...
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Zings Of The Day (GIS, PBY)
Tuesday, March 1, 2011 - 4:32pm | 103Pep Boys (NYSE: PBY) decided to stop selling itself after it could not fetch a high enough price. I guess the heads of Manny, Moe & Jack got too big for their own britches. General Mills Inc. (NYSE: GIS) and Nestle SA are vying to buy a 50% stake in Yoplait. Whoever wins, just keep making...