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Insider Weekends – January 28, 2011
Saturday, January 29, 2011 - 9:39pm | 2384Welcome to edition thirty four of Insider Weekends. Insider buying more than tripled last week with insiders purchasing $36.95 million of their stock when compared to $10.15 million in the week prior. Selling dropped with insiders selling $340.66 million worth of stock when compared to $...
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Investment Sentiment Bolstered 01-26-2011
Friday, January 28, 2011 - 7:27pm | 945Cusick's Corner optionsXpress was at the Nasdaq Market Site this morning to celebrate our 10th Anniversary. Several employees along with optionsXpress customers helped Ned Bennett, one of our original founders, ring the opening bell. After the opening ceremonies, we had a detailed website...
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COURT DENIES KRAFT FOODS' REQUEST FOR PRELIMINARY INJUNCTION
Friday, January 28, 2011 - 4:53pm | 60Kraft Foods (NYSE: KFT) announced today that the U.S. District Court for the Southern District of New York denied Kraft's request for a preliminary injunction against Starbucks Coffee Company. Kraft Foods intends to appeal the decision to the U.S. Court of Appeals for the Second Circuit on an...
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Where the Q4 Growth Came From - Analyst Blog
Friday, January 28, 2011 - 2:31pm | 3991In the fourth quarter, the economy grew at an annual rate of 3.2%, up from 2.6% in the third quarter, and up from the 1.7% pace in the second quarter of 2010. The growth rate was somewhat below consensus expectations, 3.5%, and frankly a bit lower than I was expecting. However, the quality of the...
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Where the Q4 Growth Came From - Analyst Blog
Friday, January 28, 2011 - 2:18pm | 3991In the fourth quarter, the economy grew at an annual rate of 3.2%, up from 2.6% in the third quarter, and up from the 1.7% pace in the second quarter of 2010. The growth rate was somewhat below consensus expectations, 3.5%, and frankly a bit lower than I was expecting. However, the quality of the...
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Valentine's Day Getting More Expensive Thanks To Ivory Coast (HSY)
Friday, January 28, 2011 - 1:16pm | 240Valentine's Day just got a little bit more expensive, as cocoa prices have soared after the president of Ivory Coast, Alassane Ouattara, called for a month long ban on exports, writes Al-Jazeera. This move is done to prevent his rival, Lauren Gbagbo from taking over the presidency. No one is sure...
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Sara Lee CEO Says Spin-off Dividend in Best Interest of Shareholders
Friday, January 28, 2011 - 11:14am | 24Sara Lee (NYSE: SLE) CEO says the spin-off dividend is in the best interest of shareholders.
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Synutra Announces Manufacturing License Renewal
Friday, January 28, 2011 - 10:31am | 94Synutra International, Inc. (Nasdaq: SYUT) today announced that it has renewed its manufacturing license for its primary production facility with the Shandong Bureau of Quality and Technical Supervision. The Company is the first domestic infant formula producer to complete the mandatory re-...
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A Peek Into The Market Before The Trading Starts
Friday, January 28, 2011 - 8:45am | 578Pre-open movers US stock futures are higher this morning as investors are awaiting figures on Q4 economic growth. Futures for the Dow Jones Industrial Average gained 11 points to 11,955 and S&P 500 futures rose 0.20 point to 1,296. Futures for the Nasdaq 100 gained 2.75 points at 2,326. A Peek...
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Sara Lee Declares $3 Special Dividend
Friday, January 28, 2011 - 8:34am | 81In conjunction with the planned separation, Sara Lee (NYSE: SLE) 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. T he special dividend is...
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Sara Lee Board to Divide the Company into Two Public Entities
Friday, January 28, 2011 - 8:33am | 228Sara Lee Corp. (NYSE: SLE) announced today that its board of directors has agreed in principle to divide the company into two separate, publicly traded companies. The separation is expected to be completed in early calendar year 2012. Each company will have leading consumer brands, compelling...
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Top 4 Small-Cap Stocks In The Farm Products Industry With The Lowest PEG Ratio (SEED, ANDE, CVGW, CQB)
Friday, January 28, 2011 - 6:08am | 120Below are the top small-cap farm product stocks on the NYSE and the NASDAQ in terms of PEG ratio. Origin Agritech Limited (NASDAQ: SEED) has a PEG ratio of 0.87. SEED's trailing-twelve-month ROE is 19.69%. The Andersons Inc (NASDAQ: ANDE) has a PEG ratio of 1.09. ANDE's trailing-twelve-month ROE is...
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McCormick & Co, Inc. - Growth & Income
Friday, January 28, 2011 - 3:01am | 749McCormick & Co Inc. (MKC) recently delivered its 7th consecutive positive earnings surprise driven by strong sales growth in the Asia/Pacific region. The company expects to grow sales 5% to 7% in 2011, and analysts are calling for 7% EPS growth. McCormick has also been steadily raising its...
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McCormick & Co, Inc. - Growth & Income
Friday, January 28, 2011 - 1:00am | 749McCormick & Co Inc. (MKC) recently delivered its 7th consecutive positive earnings surprise driven by strong sales growth in the Asia/Pacific region. The company expects to grow sales 5% to 7% in 2011, and analysts are calling for 7% EPS growth. McCormick has also been steadily raising its...
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Altria Reports In-Line - Analyst Blog
Thursday, January 27, 2011 - 7:31pm | 931Altria Group Inc. (MO) the manufacturer and seller of cigarettes, wine and other tobacco products, registered robust fourth quarter and full fiscal 2010 results. Virginia-based Altria posted adjusted earnings of 44 cents a share in the quarter, which was up 12.8% compared with the prior-year...