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Alberto-Culver Downgraded To Average
Tuesday, September 28, 2010 - 8:32am | 28Caris & Company has downgraded the Alberto-Culver Company (NYSE: ACV) from Above Average to Average. The Alberto-Culver Company clsoed yesterday at $37.64.
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Zacks Releases Four Powerful ''Buy'' Stocks: Elizabeth Arden, Wipro, Home Inns & Hotels Management and Orthofix International N.V. - Press Releases
Tuesday, September 28, 2010 - 8:30am | 1329For Immediate Release Chicago, IL – September 28, 2010 – Four free stock picks are being made available today on Zacks.com. The industry's leading independent research firm highlights one Zacks #1 Rank Strong Buy or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive...
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Top 4 NASDAQ Stocks In The Healthcare Sector With The Highest ROE (TRIB, ALXN, GILD, USNA)
Tuesday, September 28, 2010 - 4:56am | 128Below are the top healthcare stocks on the NASDAQ in terms of return on equity. The trailing-twelve-month return on equity at Trinity Biotech Plc (NASDAQ: TRIB) is 58.74%. TRIB's quarterly earnings surged 1,586.60% y/y. The trailing-twelve-month return on equity at Alexion Pharmaceuticals Inc (...
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Elizabeth Arden - Aggressive Growth
Tuesday, September 28, 2010 - 2:15am | 395Elizabeth Arden (RDEN) analysts keep raising estimates and are now expecting earnings to nearly double over the next 2 years. Company Description Elizabeth Arden makes beauty products and fragrances on a global scale. The company's products are sold under the PREVAGE as well as a variety of...
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Bond & Equity Markets Realigning 09-27-2010
Monday, September 27, 2010 - 5:31pm | 852Cusick's Corner The market sold off into the close, realigning the Bond and Equity markets today. In previous months this situation held true, “as Bond yields go, so does the market” only to be decoupled this month up until today. The 10 year pulled back hard today, and into the last half hour of...
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Zings Of The Day (ACV, JBLU, UL)
Monday, September 27, 2010 - 3:06pm | 222Unilever (NYSE: UL) announced it was buying Alberto-Culver (NYSE: ACV) for $37.50 per share. This is a 19% premium to Alberto-Culver's closing price on Friday. The deal is important because now some one will actually buy Alberto-Culver products, unlike the American consumer. JetBlue (NASDAQ: JBLU...
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M&A Activity Continues 09-27-2010
Monday, September 27, 2010 - 3:00pm | 801Cusick's Corner This has been a whippy session and the market is now off the lows of the day. Heading into the end of the month, September has had quite an impressive rally with the S&Ps up 9% so far in September. Watch for some potential profit taking, some money managers may be looking to...
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Late Market Roundup
Monday, September 27, 2010 - 12:20pm | 289Gold futures fluctuated today to settle at $1,298.70 an ounce on the Comex division of the New York Mercantile Exchange (NYMEX), after hitting an intraday high of $1,301.30 an ounce. However, Silver kept its 30-year high as its December contract gained 0.2% to $21.45 an ounce. Analysts at...
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Unilever To Acquire ACV For $37.50 Per Share
Monday, September 27, 2010 - 8:50am | 196Unilever (NYSE: UN) (NYSE: UL) has planned to buy the remaining shares of Alberto Culver (NYSE: ACV) for $37.50 per share in cash. The purchase price of $37.50 represents a 33% premium to the ACV's 12-month, volume-weighted average share price. The boards of directors of both the companies have...
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Jefferies Discusses Consumer Products Sector (AVP)
Monday, September 27, 2010 - 6:54am | 101Jefferies & Co. has a research report on the consumer products sector, and in particular Avon Products, Inc. (NYSE: AVP). In the research report, Jefferies writes, "Commentary and Analysis this week shows that while the March quarter represented this year's high water mark for most currency...
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Unilever Gets Alberto Culver For $3.7 Billion
Monday, September 27, 2010 - 4:22am | 149Anglo-Dutch consumer products giant Unilever (NYSE: UN) said it has agreed to purchase Illinois-based Alberto Culver (NYSE: ACV) for $3.7 billion to bolster its lineup of personal care products. Alberto Culver makes brands such as Nexxus, St. Ives and Static Gard. Alberto-Culver is the world's...
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Unilever Close To Acquiring Alberto-Culver
Sunday, September 26, 2010 - 6:24pm | 91Anglo-Dutch consumer products giant Unilever Plc (NYSE: UN) is reportedly close to acquiring Alberto-Culver (NYSE: ACV), the consumer products company that is behind such popular brands as Noxzema, St. Ives and Static Gard. Illinois-based Alberto-Culver had a market value of $3.11 billion as of...
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NBTY, Inc. Announces Stockholder Approval of Merger Agreement
Wednesday, September 22, 2010 - 3:31pm | 119NBTY, Inc. (NYSE: NTY) today announced that its stockholders have approved the proposal to adopt the merger agreement providing for NBTY's acquisition by an affiliate of The Carlyle Group. The affirmative vote of the holders of a majority of the outstanding shares of common stock of NBTY was...
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Herbalife Ltd. (HLF) Has Year of Growth
Tuesday, September 21, 2010 - 3:38pm | 342Herbalife Ltd. (HLF) Has Year of Growth Herbalife Ltd (HLF) headquartered in the Grand Cayman is a network marketing company. Those two facts should cause everyone to wonder how it has performed so well over the past 12 months, but that is exactly what it has done. The company sells weight...
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Key S&P Levels -- 1126 & 1147 09-20-2010
Monday, September 20, 2010 - 6:02pm | 746Cusick's Corner This market appears to be trying to get the pendulum swing to the upside -- key S&P levels to watch are 1126 support and 1147 resistance. If the market breaks the 1126 level, this could signal a deeper pullback. But if the market can accelerate to 1147 on the SPX, this would be...