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Lance Reports Q4 Results
Friday, February 18, 2011 - 6:09am | 56Lance Inc (NASDAQ: LNCE) reports its Q4 EPS, ex-items, at $0.23, versus the consensus of $0.35. LNCE reports its Q4 revenue at $285.1 million, versus the consensus of $241.16 million. LNCE shares gained 3.04% to close at $20.32 yesterday. Read more from Benzinga's Company news.
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Earnings Scheduled For February 18 (PGN, BAM, CPB, CRMT, PNW, DLR, AGP, HPT, B, HS)
Friday, February 18, 2011 - 3:00am | 267Progress Energy Inc (NYSE: PGN) is projected to post its Q4 EPS at $0.44 on revenue of $2.44 billion. Brookfield Asset Management (NYSE: BAM) is projected to post its Q4 EPS at $0.36 on revenue of $3.14 billion. Campbell Soup (NYSE: CPB) is estimated to report its FQ2 EPS at $0.72 on revenue of $2...
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Mad Money Lightning Round: Cramer Advises Investors To Sell Clearwire (WFT, DECK, OPEN, MU, AAPL, CLWR, DF)
Friday, February 18, 2011 - 2:58am | 233On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Weatherford International (NYSE: WFT) is “still a buy.” He added, “I think you should stay in it. It can still go higher." For Deckers Outdoor (NASDAQ: DECK), he said, "Here's the deal; This stock is one of my FADS CAN stocks and...
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Stocks To Watch For February 18 (BRCD, CPB, INTU, PGN, JWN)
Friday, February 18, 2011 - 2:34am | 304Some of the stocks that may grab investor focus today are: Brocade Communications Systems Inc (NASDAQ: BRCD) reported its FQ1 profit at $27 million, or $0.06 per share, versus $51 million, or $0.11 per share, in the year-ago period. The company's adjusted income came in at $0.12 per share. The...
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Fast Money Pops & Drops, February 17th (EMN, AXP, DPS, CSTR, STI, BAC, GMCR, SBUX)
Thursday, February 17, 2011 - 7:32pm | 374On CNBC's Fast Money Pops & Drops, Guy Adami said that he likes Eastman Chemical Company (NYSE: EMN) despite the big run. He explained that Eastman Chemical Company (EMN) gained 2.62% today on the news that the company has approved a $300 million worth repurchase of the common stock. American...
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A Mexican Agriculture Small Cap With a Reliable Dividend Policy (IBA)
Thursday, February 17, 2011 - 6:25pm | 937Stocks are expensive right now. Let me re-phrase that…large-cap stocks are expensive right now. According to John Hussman, head of the Hussman Investment Trust, the S&P 500 currently sells for about 24 times earnings based on 10-year average...
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A Mexican Agriculture Small Cap With a Reliable Dividend Policy (IBA)
Thursday, February 17, 2011 - 6:25pm | 937Stocks are expensive right now. Let me re-phrase that…large-cap stocks are expensive right now. According to John Hussman, head of the Hussman Investment Trust, the S&P 500 currently sells for about 24 times earnings based on 10-year average...
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Put Volume Surges on Green Mountain Coffee (GMCR)
Thursday, February 17, 2011 - 3:35pm | 216Shares of Green Mountain Coffee Roasters (NASDAQ: GMCR) are going rancid this afternoon after Starbucks (NASDAQ: SBUX) said that it is looking to enter the single-serving coffee business. Shares of GMCR are currently off by 8.55%, trading at $40.33. While the move is notable, shares are still...
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Letter From Howard Schultz (SBUX)
Thursday, February 17, 2011 - 3:31pm | 881Here is the letter from Starbucks (NASDAQ: SBUX) that was referred to in the previous article, and is the reason for the decline in Green Mountain (NASDAQ: GMCR) shares. Dear Partners, For 40 years, Starbucks has been the world's leading purveyor of premium coffee and premium coffee innovation. But...
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Green Mountain Plunging Now (GMCR, SBUX)
Thursday, February 17, 2011 - 3:29pm | 55Shares of Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) are really plunging now, as the memo from Starbucks (NASDAQ: SBUX) CEO Howard Schultz has hit the tape. At last check, shares of GMCR were off $3.13 to $40.97, a loss of 7.1%.
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Green Mountain Down On Starbucks Single Serve Deal (SBUX, GMCR)
Thursday, February 17, 2011 - 2:36pm | 56Green Mountain Coffee Roasters (NASDAQ: GMCR) shares are getting hit on news that Starbucks (NASDAQ: SBUX) is moving on its own into the single-serve coffee market. At last check, shares of Green Mountain were off 99 cents to $43.11, a loss of 2.4%.
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Goldman Sachs Gives Color On J.M Smucker Following Solid Earnings
Thursday, February 17, 2011 - 9:45am | 178J.M. Smucker (NASDAQ: SJM) this morning reported underlying 3QFY11 EPS of $1.37, $0.06 ahead of Goldman's estimate and $0.11 ahead of consensus. Goldman excludes a $0.10 impairment charge in its number. Guidance, ex-impairment, goes to $4.70-$4.75, from $4.55-$4.65 and ahead of the $4.66 consensus...
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UPDATE: Piper Jaffray Raises PT on Peet's Coffee & Tea to $40 (PEET)
Thursday, February 17, 2011 - 8:57am | 183Piper Jaffray is out with its report today on Peet's Coffee & Tea (NASDAQ: PEET), raising its price target from $35 to $40. In a note to clients, Piper Jaffray writes, "We are increasing our price target on PEET shares from $35 to $40. We are moving our PE multiple target year out to 2012 as we...
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A Peek Into The Market Before The Trading Starts
Thursday, February 17, 2011 - 7:45am | 414Pre-open movers US stock futures are slightly lower this morning, as investors are awaiting the data on jobless claims and consumer prices. Futures on the Dow Jones Industrial Average dropped 2 points to 12,250, while S&P 500 futures dropped 0.90 point to 1,332. Nasdaq 100 futures fell 1.50...
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The J. M. Smucker Company Reports Q3 EPS of $1.27 vs. $1.26
Thursday, February 17, 2011 - 7:20am | 115The J. M. Smucker Company (NYSE: SJM) today announced results for the third quarter ended January 31, 2011, of its 2011 fiscal year. Non-GAAP income per diluted share was $1.27 and $1.17 for the third quarters of 2011 and 2010, an increase of 9 percent, and $3.69 and $3.30 for the first nine...