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Options Brief: Herbalife Ltd. (HLF)
Thursday, December 16, 2010 - 10:16am | 74Shares of Herbalife Ltd. (NYSE: HLF) are lower on the session by 0.70%, trading at $68.26. Overall call volume is now running at 4.65x the daily average, with 61% of all calls traded being purchases on the offer. 2,219 contracts have traded on the session so far. Herbalife Ltd. is a global network...
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Herbalife Announces New Sponsorships in Russia and India
Tuesday, December 14, 2010 - 1:31pm | 63Herbalife Ltd. (NYSE: HLF) announced that it has expanded its brand presence in Russia and India through new sponsorships. In Russia, the company became the official nutrition sponsor of FC Spartak Moscow for the 2011-12 seasons. Bollywood actress Mugdha Godse has been signed to represent the...
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Risk, Reward Balanced at AOB - Analyst Blog
Tuesday, December 14, 2010 - 12:30pm | 431We are maintaining our ‘Neutral' recommendation on American Oriental Bioengineering Inc. (AOB) with a target price of $2.25. American Oriental Bioengineering, based in Beijing, China, together with its wholly owned subsidiaries, is a pharmaceutical company which develops, manufactures and...
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Risk, Reward Balanced at AOB - Analyst Blog
Tuesday, December 14, 2010 - 12:15pm | 431We are maintaining our ‘Neutral' recommendation on American Oriental Bioengineering Inc. (AOB) with a target price of $2.25. American Oriental Bioengineering, based in Beijing, China, together with its wholly owned subsidiaries, is a pharmaceutical company which develops, manufactures and...
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Piper Jaffray Raises Estee Lauder Estimates
Tuesday, December 14, 2010 - 8:28am | 54Piper Jaffray is adjusting its estimates on shares of Estee Lauder Companies, Inc. (NYSE: EL) to the high-end of management's guidance for FQ2 from $1.37 to $1.45 (consensus $1.41); for FY11, from $3.07 to $3.13 (vs. guidance of $2.90-$3.10; consensus $3.22); and for FY12, from $3.57 to $3.65....
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Takeover Talk In Avon Products
Monday, December 13, 2010 - 10:14am | 63There is unconfirmed chatter on Wall Street today that Avon Products, Inc. (NYSE: AVP) is a potential acquisition target. There has been no talk as of yet who is the potential acquirer. Shares were higher this morning, spiking to a high of $29.54, but are now down on the session, trading at $29.14...
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IGI Laboratories Raises $6.5 Million
Wednesday, December 8, 2010 - 4:24pm | 33IGI Laboratories, Inc. (NYSE: IG) today announced that it has raised $6,500,000 through a private placement financing in which it sold common stock at $1.10 per share.
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Eni Meets Target in Iraq - Analyst Blog
Monday, December 6, 2010 - 6:00pm | 376Italy's Eni SpA (E) touched the first production milestone at Zubair oilfield in Iraqunder the Zubair Technical Service Contract (TSC). The production rate has increased from approximately 183,000 barrels of oil per day (the initial production rate on the TSC effective date of February 18, 2010)...
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Eni Meets Target in Iraq - Analyst Blog
Monday, December 6, 2010 - 5:15pm | 376Italy's Eni SpA (E) touched the first production milestone at Zubair oilfield in Iraqunder the Zubair Technical Service Contract (TSC). The production rate has increased from approximately 183,000 barrels of oil per day (the initial production rate on the TSC effective date of February 18, 2010)...
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Top Narrow Based Indexes For December 6 (MED, CCME, CYD)
Monday, December 6, 2010 - 12:51pm | 193By 12:46 pm, the Dow Jones Industrial Average was down 11.77 points, or 0.10%, to 11,370.32, while the broader Standard & Poor's 500 index had lost 3.31 points, or 0.13%. The NASDAQ composite index fell 2.55 points, or 0.21%. Some of the narrow based indexes that are still afloat in the markets...
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Ron Lombardi Named CFO for Prestige Brands Holdings
Thursday, December 2, 2010 - 4:29pm | 34Ron Lombardi has been named Chief Financial Officer for Prestige Brands Holdings, Inc. (NYSE: PBH). Ron fills the position created by the retirement of Pete Anderson.
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Wedbush Initiates Coverages (MED, NTRI, WTW)
Wednesday, December 1, 2010 - 9:29am | 53Wedbush initiates coverages on the following companies: Medifast (NYSE: MED) Outperform rating; price target $32 Nutrisystem (NASDAQ: NTRI) Neutral rating; price target $22 Weight Watchers (NYSE: WTW) Outperform rating; price target $42
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Alberto Culver Settles Shareholder Lawsuit Regarding Proposed Unilever Acquisition
Monday, November 29, 2010 - 3:12pm | 169A group of institutional shareholders of Alberto Culver Company have reached an agreement with the beauty care company stemming from its proposed acquisition by Unilever (NYSE: UN). Alberto Culver (NYSE: ACV) has agreed to alter key features of its acquisition agreement with Unilever that...
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Fast Money Picks For November 29th (F, GM, AVP, FDX)
Wednesday, November 24, 2010 - 7:18pm | 157On CNBC's Fast Money, Joe Terranova recommended Ford Motor Company (NYSE: F) and General Motors Company (NYSE: GM) as a buy. General Motors Company (GM) gained 0.69% today, and Ford (F) added 1.59%. Karen Finerman believes that Avon Products, Inc. (NYSE: AVP) is a good stock, and she wants to buy...
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Estee Lauder Co. - Momentum
Wednesday, November 24, 2010 - 2:03am | 546Estee Lauder Co. (EL) recently jumped to a new multi-year high after reporting an awesome Q3 earnings surprise of 26% in early November. With consistent earnings over the last four quarters and a bullish next-year estimate, this Zacks #1 rank stock has plenty of upward momentum ahead of the...