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Hain Celestial Announces Acquisitions of Danival SAS and GG UniqueFiber AS
Thursday, February 3, 2011 - 4:21pm | 75The Hain Celestial Group, Inc. (Nasdaq: HAIN) today announced two acquisitions in Europe. Danival SAS is a manufacturer of certified organic food products with facilities in France, and GG UniqueFiber AS is a manufacturer of all natural high fiber crackers in Norway. Both of these acquisitions...
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The Hain Celestial Group Reports Q2 EPS of $0.39 vs. $0.37
Thursday, February 3, 2011 - 4:13pm | 150The Hain Celestial Group, Inc. (Nasdaq: HAIN) today reported results for the second quarter ended December 31, 2010. Reflecting strong sales performance, net sales for the second quarter totaled $291.9 million, an increase of 21% over sales of $242.0 million in the prior year second quarter. The...
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Productivity Rises 2.6% in 4Q - Analyst Blog
Thursday, February 3, 2011 - 3:51pm | 2444Non-Farm Business Productivity grew at 2.6% (seasonally adjusted annual rate) in the fourth quarter, an acceleration from the 2.4% rate in the third quarter. The third quarter numbers were revised up slightly from 2.3%. For 2010 as a whole, productivity rose by 3.6%, up from 3.5% for all of 2009,...
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Productivity Rises 2.6% in 4Q - Analyst Blog
Thursday, February 3, 2011 - 3:38pm | 2444Non-Farm Business Productivity grew at 2.6% (seasonally adjusted annual rate) in the fourth quarter, an acceleration from the 2.4% rate in the third quarter. The third quarter numbers were revised up slightly from 2.3%. For 2010 as a whole, productivity rose by 3.6%, up from 3.5% for all of 2009,...
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Ever-Present Bid Coupled 02-03-2011
Thursday, February 3, 2011 - 2:43pm | 971Cusick's Corner Equities are becoming a more and more fickle trade these days. There is little debate over the bullishness that US equities are exhibiting. However, I still am seeing some decent sellers at these critical levels and Friday's volume is an excellent example. What is equally...
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Kellogg In-Line, Reaffirms Outlook - Analyst Blog
Thursday, February 3, 2011 - 12:31pm | 527Kellogg Company (K), one of the world's largest cereal makers, recently posted feeble net sales results due to stiff competition and softness in the cereal category. The quarterly earnings of 51 cents a share came in line with the Zacks Consensus Estimate and surged 10.9% from the prior-year...
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Kellogg In-Line, Reaffirms Outlook - Analyst Blog
Thursday, February 3, 2011 - 12:10pm | 527Kellogg Company (K), one of the world's largest cereal makers, recently posted feeble net sales results due to stiff competition and softness in the cereal category. The quarterly earnings of 51 cents a share came in line with the Zacks Consensus Estimate and surged 10.9% from the prior-year...
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Options Brief: Kellogg Company (K)
Thursday, February 3, 2011 - 11:35am | 91Shares of Kellogg Company (NYSE: K) are higher on the session by 3.23%, trading at $51.98. Overall put volume is now running at 3.57x the daily average, with 10% of all puts traded being purchases on the offer. 2,688 contracts have traded on the session so far. Kellogg Company is engaged in the...
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Top Narrow Based Indexes For February 3 (GMCR, SBH, DDS)
Thursday, February 3, 2011 - 11:04am | 197By 11:00 am, the Dow Jones Industrial Average was down 16.19 points, or 0.13%, to 12,025.78, while the broader Standard & Poor's 500 index had lost 4.67 points, or 0.36%. The NASDAQ composite index fell 10.31 points, or 0.37%. Some of the narrow based indexes that are still afloat in the...
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Calls Purchased on Tyson Foods (TSN)
Thursday, February 3, 2011 - 10:59am | 132Shares of Tyson Foods (NYSE: TSN) are higher on the session by 1.23%, currently trading at $17.30. 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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Green Mountain Coffee Roasters Up 18.4% After Hitting 52-Week High (GMCR)
Thursday, February 3, 2011 - 10:48am | 248Shares of Waterbury, Vermont-based Green Mountain Coffee Roasters Inc. (Nasdaq: GMCR) are trading up 18.4% at $39.01 per share during the Thursday morning trading session. The day's trading range for shares of Green Mountain Coffee Roasters Inc has been between $37.30 and $39.35 per share. Analysts...
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Stock Market News for Feb 03, 2011 - Market News
Thursday, February 3, 2011 - 10:01am | 1175On Wednesday, the markets shed their winning gains to close almost flat as cautious investors focused more on Egypt's unrest against better than expected news on the market. Although the Dow recorded new highs, other benchmarks including S&P 500 and the tech-laden Nasdaq fell slightly. The...
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Piper Jaffray Raises Its PT On Green Mountain Coffee To $46
Thursday, February 3, 2011 - 9:59am | 213Green Mountain Coffee (NASDAQ: GMCR) remains one of Piper's highest conviction recommendations. Green Mountain reported Dec-quarter sales/EPS well above expectations. Guidance was also impressive as management now expects top-line growth near 80% including the Van Houtte acquisition. Management...
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Stock Market News for Feb 03, 2011 - Market News
Thursday, February 3, 2011 - 9:15am | 1175On Wednesday, the markets shed their winning gains to close almost flat as cautious investors focused more on Egypt's unrest against better than expected news on the market. Although the Dow recorded new highs, other benchmarks including S&P 500 and the tech-laden Nasdaq fell slightly. The...
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Benzinga's Top Upgrades (ACI, OTEX, HSY, FDX)
Thursday, February 3, 2011 - 8:29am | 133Arch Coal Inc (NYSE: ACI) was upgraded by Argus from "hold" to "buy." ACI's shares closed at $34.31 yesterday. Arch Coal's PEG ratio is 0.39. RBC Capital upgraded Open Text Corporation (NASDAQ: OTEX) from "sector perform" to "outperform.” OTEX's shares closed at $50.80 yesterday. Open Text's PEG...