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Sara Lee CEO Steps Down - Analyst Blog
Monday, August 9, 2010 - 11:09am | 677Sara Lee Corp. (SLE) announced today that its CEO Brenda C. Barnes will resign from the positions of Chairman and Chief Executive Officer. She was on a prolonged medical leave since May 14, 2010 following a stroke. Under Barnes’ leadership, Sara Lee undertook various business restructuring...
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Hansen Natural Surges Nearly 8% (HANS)
Friday, August 6, 2010 - 10:51am | 220Shares of Hansen Natural Corporation (Nasdaq: HANS) are trading up nearly 8% at $44.74 per share during the Friday morning trading session. The day's trading range for shares of Hansen Natural Corporation has been between $43.25 and $44.99 per share. Analysts covering the company's stock give it a...
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Hansen Natural Surges After Earnings (HANS)
Friday, August 6, 2010 - 10:34am | 74Hansen Natural (NASDAQ: HANS) reported a blowout quarter on Thursday after the closing bell. The company reported earnings per share of $0.69 compared to analysts' estimates of $0.66. Year-over-year revenue rose 21.8%. During Friday's trading session, HANS shares have surged 7.70% to $44.70,...
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Fast Money Picks For August 6th (JPM, RTP, KO, BBY, BMY)
Thursday, August 5, 2010 - 5:56pm | 174On CNBC's Fast Money, Karen Finerman said that she wants to buy Best Buy Co., Inc. (NYSE: BBY) tomorrow. Best Buy Co., Inc. (BBY) fell 0.09% today, and closed at $35.13. Brian Kelly likes JPMorgan Chase & Co. (NYSE: JPM), and Tim Seymour is a buyer of Rio Tinto plc (ADR) (NYSE: RTP). JPMorgan (...
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Brian Stutland's Coca-Cola (KO) Trade
Thursday, August 5, 2010 - 5:43pm | 170Brian Stutland said on CNBC's Fast Money that he is bullish on The Coca-Cola Company (NYSE: KO). He thinks that Coca-Cola's (KO) valuation is relatively attractive, and he likes its 3% dividend yield. The stock has moved with the rest of the market, and instead of owning the stock Brian Stutland...
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Hansen Natural Beats; Monster Energy Drink Sales Strong (HANS)
Thursday, August 5, 2010 - 3:24pm | 184Hansen Natural Corporation (NASDAQ: HANS) reports Q2 EPS of $0.69 versus estimates of $0.66. Hansen Natural Corporation reports Q2 revenues of $365.7 million versus estimates of $324.98 million. Revenues increased 20.1% year over year. Gross profit for Q2 2010 was 52.9 percent as compared with 53.9...
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Hansen Natural Beats Estimates (HANS)
Thursday, August 5, 2010 - 3:22pm | 32Hansen Natural Corporation (NASDAQ: HANS) reports Q2 EPS of $0.69 versus estimates of $0.66. Hansen Natural Corporation reports Q2 revenues of $365 million versus estimates of $324.98 million.
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Cameron Tops, Overcomes GoM Crisis - Analyst Blog
Wednesday, August 4, 2010 - 4:28pm | 739Oil drilling equipment maker Cameron International Corp. (CAM) reported second quarter earnings per share (excluding special items) of 58 cents, surpassing the Zacks Consensus Estimate of 55 cents. The better-than-expected results were mainly driven by solid performance in the execution of project-...
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Cott Announces Intention to Offer Common Shares
Wednesday, August 4, 2010 - 3:26pm | 110Cott Corporation (NYSE: COT) announced today that it intends to offer, subject to market and other conditions, U.S. $65 million of its common shares pursuant to an underwritten public offering. In connection with the offering, Cott will grant the underwriters an option for 30 days to purchase an...
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Wunderlich Securities: Tortoise North American Suitable For Fixed Income Investors Seeking Stable Distribution
Monday, August 2, 2010 - 1:28pm | 246Analyst Elizabeth C Malone of Wunderlich Securities Inc reiterates her “buy” rating on Tortoise North American Energy Corp (NYSE: TYN). The target price for TYN has been raised from $26 to $27. Wunderlich Securities says, “TYN guided $0.37 DPS for 3Q10 and 4Q10, but did not commit to distribution...
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ISM Better than Expected - Analyst Blog
Monday, August 2, 2010 - 12:06pm | 897The Institute for Supply Management’s (ISM) Manufacturing index fell in July to 55.5 from 56.2, but the decline was far less than the expected level of 54.2. Any reading over 50 indicates that the manufacturing sector of the economy is expanding. Thus the expansion continues, but at a somewhat...
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Always The Real Thing: J.P. Morgan Upgrades Coke To Overweight (KO)
Monday, August 2, 2010 - 9:23am | 188J.P.Morgan Chase & Co is upgrading shares of Coca-Cola (NYSE: KO) after the soft-drink maker reported strong quarterly earnings this morning. It raised shares to Overweight and lifted the price target to $66 from $62. In the report J.P. Morgan writes, "We are upgrading the Coca-Cola Company...
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Company News for August 2, 2010 - Corporate Summary
Monday, August 2, 2010 - 9:22am | 735• Humana (NYSE: HUM) posted second quarter earnings of $2.00, versus Zacks estimates of $1.63, on revenues of $8.65 billion, versus Zacks estimates of $8.58 billion. The company provided full-year guidance of $5.65-$5.75 • NRG Energy (NYSE: NRG) topped estimates with second quarter earnings of 81...
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Benzinga’s Top Upgrades (IBN, BYD, APL, KO)
Monday, August 2, 2010 - 6:32am | 154ICICI Bank Limited (NYSE: IBN) was upgraded by Credit Suisse from "neutral" to "outperform." IBN’s shares closed at $38.91 on Friday. ICICI Bank’s quarterly earnings jumped 79.30% y/y. Jefferies & Co upgraded Boyd Gaming Corporation (NYSE: BYD) from "underperform" to "hold." BYD’s shares closed...
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ViroPharma Beats; Raises Guidance - Analyst Blog
Thursday, July 29, 2010 - 3:22pm | 531ViroPharma Inc. (VPHM) posted second-quarter earnings of 37 cents per share, beating the Zacks Consensus Estimate by 7 cents and the year-ago figure by 10 cents. Higher Cinryze and Vancocin sales and lower research and development expenses helped boost second quarter 2010 earnings. Revenues...