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Kraft Food Reports Q4 EPS of $0.46 vs. $0.46
Thursday, February 10, 2011 - 4:11pm | 51Kraft Foods Inc. (NYSE: KFT) today reported fourth quarter and full year 2010 results that were driven primarily by strong volume/mix gains in each geography. Q4 net revenues grew 30.0% to $13.8 billion; Combined Organic Net Revenues grew 5.7% Q4 Diluted EPS was $0.31; Operating EPS(1) was $0.46
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Tyson Foods Resolves Claims Involving Mexican Subsidiary
Thursday, February 10, 2011 - 1:13pm | 178Tyson Foods (NYSE: TSN) announced today that it has resolved a matter with the U.S. government involving Tyson's voluntary disclosure of improper payments related to an export program at the company's Mexican poultry subsidiary. In early 2007, Tyson voluntarily reported that improper payments of...
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Deutsche Bank Retains Dean Foods Hold (DF)
Thursday, February 10, 2011 - 8:32am | 93Deutsche Bank retained its Dean Foods (NYSE: DF) Hold rating in a research report published today. In the report, Deutsche Bank states, "While there is minimal controversy over the value of Dean's WW segment, we have doubts as to how quickly profits can rebound in the large FDD-Morningstar segment...
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TreeHouse Foods, Inc. Reports Q4 EPS of $0.80 vs. $0.78
Thursday, February 10, 2011 - 8:20am | 72TreeHouse Foods, Inc. (NYSE: THS) today reported significantly higher fourth quarter earnings compared to last year, driven by acquisition growth and margin improvements throughout its business segments. Earnings for the quarter were $0.77 per fully-diluted share compared to $0.66 per fully-...
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KeyBanc Capital Markets Downgrades Flower Foods To Hold (FLO)
Thursday, February 10, 2011 - 8:13am | 186KeyBanc Capital Markets downgraded Flower Foods (NYSE: FLO) to Hold from Buy in a research report published today. In the report, KeyBanc Capital Markets states, "We were expecting higher wheat costs to force bread producers to reduce the high levels of promotional activity in the category, which...
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Deutsche Bank Raises PT On Dean Foods To $10
Thursday, February 10, 2011 - 7:48am | 28Deutsche Bank has raised the price target on Dean Foods Company (NYSE: DF) from $9 to $10 and maintains its Hold rating.
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KeyBanc Downs FLO To Hold
Thursday, February 10, 2011 - 7:20am | 40Analysts at KeyBanc downgrade Flowers Foods Inc (NYSE: FLO) from “buy” to “hold.” FLO shares gained 1.23% to close at $24.63 yesterday. More Analyst Ratings here
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US Stock Futures Down As Investors Await Earnings Reports, Cisco Drops In Pre-Market Trading
Thursday, February 10, 2011 - 6:37am | 505US stock futures are lower this morning, as investors are awaiting earnings reports from many companies. Futures on the Dow Jones Industrial Average fell 49 points to 12,158.00 and S&P 500 futures dropped 7.90 points at 1,311.30. Futures on the Nasdaq 100 index dipped 21.75 points to 2,340.50...
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Earnings Scheduled For February 10 (KFT, S, PEP, NBL, PM, GT, RNWK, WYNN, CEPH, EXPE, TAP)
Thursday, February 10, 2011 - 3:57am | 293Kraft Foods Inc (NYSE: KFT) is expected to post its earnings at $0.46 per share on revenue of $13.47 billion in fourth quarter. Sprint Nextel (NYSE: S) is expected to post a Q4 loss of $0.30 per share on revenue of $8.16 billion. PepsiCo (NYSE: PEP) is projected to report its Q4 EPS at $1.04 on...
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Top 4 Mid-Cap Stocks In The Meat Products Industry With The Highest Operating Margin (HRL, TSN, SEB, SFD)
Thursday, February 10, 2011 - 3:55am | 130Below are the top mid-cap meat product stocks on the NYSE and the NASDAQ in terms of operating margin. The trailing-twelve-month operating margin at Hormel Foods Corporation (NYSE: HRL) is 8.91%. HRL's ROE for the same period is 17.65%. The trailing-twelve-month operating margin at Tyson Foods Inc...
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Stocks To Watch For February 10 (PEP, CSCO, KFT, WFMI, EXPE)
Thursday, February 10, 2011 - 3:48am | 283Some of the stocks that may grab investor focus today are: Wall Street expects PepsiCo (NYSE: PEP) to report its Q4 EPS at $1.04 on revenue of $17.64 billion. PEP shares dropped 0.11% to $64.35 in after-hours trading. Cisco Systems Inc (NASDAQ: CSCO) reported its FQ2 net income at $1.52 billion, or...
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Buyers Dissipating 02-09-2011
Wednesday, February 9, 2011 - 7:07pm | 956Cusick's Corner The close was impressive, fighting back to almost breakeven but the volume continued to be light and this has raised a flag. Prices have been moving bullish over the last 10 sessions. However, the driving force (buyers) behind this move has been dissipating over the last 4...
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Market Frothy Like a Cappuccino 02-09-2011
Wednesday, February 9, 2011 - 2:46pm | 1043Cusick's Corner As I noted yesterday this market is a little frothy with S&P March futures at 1320, a pullback could be warranted. Many traders are monitoring if critical, short-term support 1317 holds on the March S&P futures into the After Hours, which would be a good sign for the bulls...
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Kraft Foods 4Q10 Reported Tomorrow; Relatively High Growth Expected (KFT)
Wednesday, February 9, 2011 - 1:35pm | 142A report released today by J.P. Morgan gives analysts' expectations for Kraft Food's (NYSE: KFT) 4Q10 results, which will be reported tomorrow. EPS is estimated at $0.50 (up 10% from one year ago) versus the consensus of $0.46. According to the report, JPM analysts estimate organic growth for...
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Puts Purchased on Sara Lee Corporation (SLE)
Wednesday, February 9, 2011 - 12:15pm | 127Shares of Sara Lee Corporation (NYSE: SLE) are lower on the session by 0.99%, currently trading at $16.98. The stock had been moving largely higher over the past six months, but recently came under selling pressure. It is currently consolidating around the 50-day moving average. Options traders...