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Wednesday's Put/Call Ratio Leaders (CX, GIL, CIT, SLE, TGT)
Wednesday, February 9, 2011 - 12:10pm | 91Here is a quick peek at stocks that have abnormally high daily put/call ratios today relative to their average…. 1. Cemex SaB (NYSE: CX) 4,684 puts, 110 calls 2. Gildan Activewear (NYSE: GIL) 3,761 puts, 133 calls 3. CIT Group (NYSE: CIT) 3,333 puts, 315 calls 4. Sara Lee Corp. (NYSE: SLE) 19,841...
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Morgan Stanley Retains EW Rating, $14.50 PT On SLE
Wednesday, February 9, 2011 - 10:07am | 31Morgan Stanley is retaining its Equal-weight rating and $14.50 PT on shares of Sara Lee Corporation (NYSE: SLE). Sara Lee Corporation currently trades at $16.99.
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BB&T Capital Reiterates Buy on Ralcorp Holdings (RAH)
Wednesday, February 9, 2011 - 10:06am | 111BB&T Capital is out with its report today on Ralcorp Holdings (NYSE: RAH), reiterating Buy. In a note to clients, BB&T Capital writes, "EPS were $1.26 (ex mark-to-market gain and small cost items), a high-quality beat relative to our $1.18 projection and the consensus of $1.24. Further,...
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BB&T Capital Maintains Buy on Flowers Foods (FLO)
Wednesday, February 9, 2011 - 9:59am | 102BB&T Capital is out with its report today on Flowers Foods (NYSE: FLO), maintaining Buy. In a note to clients, BB&T Capital writes, "FLO reported Q4'10 EPS of $0.34 compared to our $0.40 estimate and consensus of $0.39. The entire miss, relative to our estimate, was due to lower-than-...
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Deutsche Bank Reaffirms Buy Rating On Sara Lee (SLE)
Wednesday, February 9, 2011 - 8:44am | 94Deutsche Bank maintains its Buy Rating on Sara Lee (NYSE: SLE) after its fiscal Q2 earnings report. In the report, Deutsche Bank states, “operating EPS of $0.24 was $0.03 below our est. and $0.01 below consensus. Sales were down 0.4% although we view the balance between volume (-5.8%) and price/...
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Hain Celestial Adds 4% (HAIN)
Tuesday, February 8, 2011 - 2:34pm | 116Shares of Hain Celestial (NASDAQ: HAIN) have jumped 3.74% during Tuesday's trading session after analysts at Argus Research raised their price target on the stock from $30.00 to $33.00. The firm has a Buy rating on the stock. In the last 52-weeks, HAIN shares are up more than 100%. Legendary...
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Benzinga's Volume Movers (SNCR, XIDE, HAIN, IPHS)
Tuesday, February 8, 2011 - 10:36am | 149Synchronoss Technologies Inc (NASDAQ: SNCR) shares moved up 11.72% to $34.80 at 10:35 am. The volume of SNCR shares traded was 1031% higher than normal. SNCR reported upbeat Q4 earnings. Exide Technologies (NASDAQ: XIDE) shares rose 14.16% to $11.93. The volume of XIDE shares traded was 1009%...
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Sara Lee CEO Says No Restrictions if Someone Wants to Buy the Company Prior to Spin-off
Tuesday, February 8, 2011 - 10:29am | 31Sara Lee (NYSE: SLE) CEO says there are no restrictions, if someone wants to buy the whole company prior to the planned spin-off.
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News Summary
Tuesday, February 8, 2011 - 9:33am | 281Shares of Sara Lee Corp (NYSE: SLE) dropped about 0.7% after the company reported its fiscal second-quarter results. SLE's earnings came in at $1.37 per share, up from $0.53 per share, in the year-earlier period. The company's sales dropped to $2.35 billion from $2.36 billion. On an adjusted basis...
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Flowers Foods Reports Slight 4Q EPS Miss, Deutsche Bank Maintains Hold
Tuesday, February 8, 2011 - 8:57am | 231Deutsche Bank has published a research report on Flowers Foods, Inc. (NYSE: FLO) after the company reported 4Q EPS slightly below analyst estimates. In the report, Deutsche Bank writes "Flowers reported opr. 4Q10 EPS of $0.34 vs. our $0.38 est and consensus of $0.39. There were no one-time items in...
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The J. M. Smucker Company Announces 10% Increase in Coffee Price
Tuesday, February 8, 2011 - 8:07am | 128The J. M. Smucker Company (NYSE: SJM) announced today that it increased the list price for the majority of its coffee products sold in the United States, primarily consisting of items sold under the Folgers® and Dunkin' Donuts® brand names. Prices will increase an average of 10 percent on impacted...
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Sara Lee More Than Doubles Profit But Misses Estimates (SLE)
Tuesday, February 8, 2011 - 7:55am | 177Downers Grove, Illinois-based Sara Lee Corporation (NYSE: SLE) on Tuesday morning released financial results. Sara Lee Corporation reported that its 2nd quarter net income climbed to $880 million, or $1.37 per share, up from $371 million, or 53 cents per share, a year earlier. The company reported...
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Jefferies Raises PT On Hain Celestial To $33
Tuesday, February 8, 2011 - 7:46am | 27Jefferies & Company has raised the price target on Hain Celestial (NASDAQ: HAIN) from $30 to $33 and maintains its Buy rating.
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Sara Lee to Pay $3 Special Dividend
Tuesday, February 8, 2011 - 7:34am | 54In conjunction with the planned separation, Sara Lee (NYSE: SLE) board of directors intends to declare a $3.00 per share special dividend on the company's common stock, the majority of which will be funded with proceeds from the sale of the company's North American Fresh Bakery business.
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Sara Lee Reports Q2 EPS of $.24 vs. $.25
Tuesday, February 8, 2011 - 7:31am | 74Sara Lee Corp. (NYSE: SLE): Adjusted net sales1 up 1.8% in the quarter, driven by top-line improvement in the two growth businesses- North American Retail and International Beverage; reported net sales essentially flat Diluted EPS as reported of $1.37 compared to $0.53 in year-ago period...