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Fast Money Picks For June 17th (GLW, FDX, SLB, KO, XLNX)
Wednesday, June 16, 2010 - 6:00pm | 174On CNBC's Fast Money, Patty Edwards recommended investors to buy Corning Incorporated (NYSE: GLW) tomorrow. Corning (GLW) fell 2.56% today, and closed at $18.26. Tim Seymour said that FedEx Corporation (NYSE: FDX) posted good numbers today. He sees an opportunity in this stock. FedEx Corporation (...
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J.P. Morgan Slashes Estimates for Coca-Cola Enterprises (JPM, CCE)
Wednesday, June 16, 2010 - 3:08pm | 140J.P. Morgan (NYSE: JPM) has retained its ‘Neutral’ rating for Coca-Cola Enterprises (NYSE: CCE). Coca-Cola Enterprises (CCE) has provided its updated guidance for 10-12% FX-neutral EPS growth with a -$0.10 hit from currency headwinds. However, the guidance is in line with expectations. J.P. Morgan...
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Stocks To Watch For June 16 (FDX, CFI, RDN, CCE)
Wednesday, June 16, 2010 - 4:37am | 177Some of the stocks that may grab investor focus today are: Analysts are expecting FedEx (NYSE: FDX) to have earned $1.31 per share in the fourth quarter. FDX’s shares gained 0.13% to $83.12 in after hours trading. Wall Street expects Culp (NYSE: CFI) to post its Q4 EPS at $0.25. CFI’s shares moved...
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Coca-Cola Enterprises Updates Full Year Outlook (CCE)
Tuesday, June 15, 2010 - 3:52pm | 225Coca-Cola Enterprises (NYSE: CCE) is out with their 2010 yearly outlook this afternoon before an analyst presentation at the Deutsche Bank Global Consumer Conference in Paris. The company said full-year EPS will grow in a range of 10-12% in 2010, on a comparable and currency neutral basis. At...
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Mad Money Lightning Round: Jim Cautious Of RIG
Monday, June 14, 2010 - 6:59am | 249In his "Mad Money Lightning Round" on Friday, Jim said that Annaly Capital (NYSE: NLY) is back and it is bigger than ever. He advised investors to “pull the trigger” now. NLY slipped 0.11% on Friday, but gained 0.17% in after hours. When asked about EMC (NYSE: EMC), Cramer said that the company has...
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US Stocks Finished In The Black On Friday As Fears Over European Debt Ebbed
Monday, June 14, 2010 - 4:59am | 265US stocks posted gains on Friday and ended the second week of June in the positive territory. Investors looked beyond the disappointing May retail sales data and concentrated on optimistic consumer sentiments. Concerns over European debt woes also ebbed. The Dow Jones Industrial Average kept...
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CCME - How to Profit From China's Emerging Middle Class
Sunday, June 13, 2010 - 6:22pm | 901Much has been written as of late about the emerging middle class in China and the the increase in domestic consumption. Workers wages are rising, and multi-national companies are tripping over themselves to establish their brand in what they see as the next big growth market. The headlines are...
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World Cup Soccer Stock Portfolio
Saturday, June 12, 2010 - 2:56am | 508The 2010 FIFA World Cup, the top international association soccer (called football outside the US) tournament started yesterday. It is being held in South Africa, and will continue until July 11, 2010. The World Cup is an extremely popular event, and the last game is expected to be the most watched...
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Plexus Reaffirms at Investor Day - Analyst Blog
Thursday, June 10, 2010 - 2:12pm | 623At the 2010 investor day, Plexus Corp. (PLXS), an engineering-focused EMS player and a leading provider of electronic manufacturing services (EMS) to original equipment manufacturers (OEMs), reaffirmed its outlook for the third quarter of fiscal 2010. Plexus expects to meet its third-quarter...
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Euro Below 1.20 06-09-2010
Wednesday, June 9, 2010 - 5:52pm | 747Cusick’s Corner Bernanke said today on Capitol Hill that Europe’s debt trouble would have a modest impact on the U.S. His remarks did not help the major markets stay up through the afternoon and the sellers took over. This morning’s gains faded in the afternoon as the Euro fell below the...
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Goldman Sachs Reiterates Neutral Rating On Dr. Pepper Snapple Group (DPS)
Wednesday, June 9, 2010 - 10:30am | 201Goldman Sachs (NYSE: GS) analysts attended Dr. Pepper Snapple Group's (NYSE: DPS) investor day yesterday in Plano, Texas and said that they "came away from the meeting with generally positive takeaways and a view that solid business momentum should continue for the foreseeable future." Furthermore...
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Defensive Names Attractive Place To Be Today (K, GIS, MCD, PEP)
Tuesday, June 8, 2010 - 12:52pm | 189Defensive stocks are outperforming the broader market today. With around 2 hours left in Tuesday's trading session, the S&P 500 has fallen 2.53 points, or 0.24%, to 1,047.78 as investors continue to pile out of riskier assets. Some names are holding up quite well, however, including high...
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Time To Short The XLF And Go Long Consumer Staples? (XLF, MCD, WMT, PEP)
Tuesday, June 8, 2010 - 12:27pm | 422The trend right now in the markets is disconcerting, but fairly defined at this point - the trade is "risk off," and if this atmosphere persists, traders are not likely to make money without having significant short exposure. The Financial Select Sector SPDR ETF (NYSE: XLF) appears to be a good...
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Josef Schuster Feels Tighter Regulations May Squeeze Visa, MasterCard Profits
Thursday, June 3, 2010 - 2:21pm | 490In an article on TheStreet.com, Josef Schuster, a fund manager of Direxion Long/Short Global IPO Fund, indicated that profits at Visa (NYSE: V) and MasterCard (NYSE: MA) may get squeezed in the wake of tighter regulations. Here are some of the excerpts of Josef Schuster’s interview: On being...
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Market Waiting On Unemployment Numbers 06-03-2010
Thursday, June 3, 2010 - 1:27pm | 832Cusick’s Corner The market is lower into the Midday, but has had a nice run hitting highs today, ESM10 1105. But, (and there is always a “but”) the volume has been light and the Euro has started to weaken, cutting $1.22, which has impacted the current trade. The light action looks to continue...