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Top 5 Large-Cap NYSE Stocks In The Consumer Goods Sector With The Highest Gross Profits (PG, F, PEP, MO, KO)
Wednesday, June 2, 2010 - 5:12am | 171Below are the top 5 large-cap consumer goods stocks on the NYSE in terms of gross profits. The trailing-twelve-month gross profits of Procter & Gamble Company (NYSE: PG) stand at $42.15 billion. Credit Suisse initiated coverage of PG with an “outperform” rating. The trailing-twelve-month gross...
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Mid-Day Market Movers (JSDA, BMJ, EVVV, WH)
Tuesday, June 1, 2010 - 1:05pm | 182Jones Soda Company (NASDAQ: JSDA) climbed 19.81% to $1.25 by 12:47 pm. JSDA has recently struck a deal with Wal-Mart (NYSE: WMT) to sell its products in the retailer giant’s nearly 3,800 US-based stores. The deal will enhance Jones' total retail outlet distribution by almost 10%. Birks & Mayors...
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Stock Market News for June 1, 2010 - Market News
Tuesday, June 1, 2010 - 8:48am | 553Fitch Ratings’ downgrade of Spain’s debt for the second time in a month rekindled worries about Europe’s finances and sent stocks sharply lower on the last trading session of May. Trading was quiet as the session began but stocks swung wildly in the afternoon as Fitch Ratings cut Spain’s debt one...
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Top Analyst Upgrades and Downgrades (AIB, CCE, CSX, GR, HAL, KALU, LVS, NDAQ, NSC, PCLN, UNP, PANL, V)
Tuesday, June 1, 2010 - 7:34am | 381By John Tamny of Forbes It doesn’t require a law degree to understand that all the bashing of President Obama over BP, much like President Bush was criticized for Hurricane Katrina, is a peversion of the Constitution and federal powers. Obama is suffering negative commentary from left, right and...
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York Capital's Jamie Dinan Likes Coca-Cola Enterprises And ING (CCE, ING)
Thursday, May 27, 2010 - 12:43pm | 137Jamie Dinan of York Capital presented at the Ira Sohn Conference yesterday, an event that is moving the markets today. Dinan's first idea was Coca-Cola Enterprises (NYSE: CCE). He cited the company's attractive free cash flow as one of the reasons for his bullish stance. Dinan is also betting on...
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Bulls Target Coca Cola Enterprises (CCE)
Thursday, May 27, 2010 - 12:02pm | 132Shares of Coca Cola Enterprises Inc. (NYSE: CCE) are higher on the session by 4.48%, currently trading $26.13. The stock has been selling off slightly as of late, but I am detecting bull call buying today. The June $25 call was purchased nearly 2,400 times today on the offer; open interest on the...
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With Interest Rates this low, Should Investors Look to Equity Dividend Yields?
Thursday, May 27, 2010 - 11:31am | 1715Interest rates have moved lower recently due primarily to the financial scare across Europe. The two-year Treasury is yielding a paltry 87 bps. Even out 10 years, Treasuries are yielding about 3.25%. What is an income investor to do? Well, the recent sell-off in equities, accompanied by the...
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S&P's Best Performers for the Past Month
Thursday, May 27, 2010 - 10:54am | 179While the market has taken an absolute killing this past month, I thought it would be interesting to see just who has managed to weather the storms the best. In all 20 companies are trading in the green this month. Everyone else is getting shalacked! May God be with you if you happen to own...
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Early Volume Plays Among Those Valued Below $10 (BCON, SIRI, ALXA, JSDA)
Thursday, May 27, 2010 - 9:37am | 302Some of the stocks that are valued below $10 and have the potential to become one of the high volume movers in the early trading hours are: Ardour Capital initiated coverage of Beacon Power (NASDAQ: BCON) with a “buy” rating and a target price of $1.50 on the basis of BCON’s significant growth...
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JP Morgan Not Surprised by Coca-Cola's S-4 Filing
Wednesday, May 26, 2010 - 3:53pm | 178After yesterday's close, Coca-Cola Enterprises (NYSE: CCE) "filed its S-4 for the sale of its NA business to" Coca-Cola Co. (NYSE: KO). J.P. Morgan stated that there was nothing of concern in the filing. While "pro forma EPS was slightly lower than we were anticipating due to a greater than...
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Fast Money Picks For May 24th (RSX, DPS, DAI, BP)
Friday, May 21, 2010 - 5:59pm | 218Joe Terranova said on CNBC's Fast Money that he will buy more of Market Vector Russia ETF Trust (NYSE: RSX) if it goes higher on Monday. Market Vector Russia ETF Trust (RSX) gained 3.32% today. Steve Grasso thinks that Dr Pepper Snapple Group Inc. (NYSE: DPS) is a buy, because it generates its...
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Ratio Call Spread Bought in PepsiCo
Friday, May 21, 2010 - 1:04pm | 112Shares of PepsiCo Inc. (NYSE: PEP) are falling today by 1.47%, currently trading $62.94. The stock has been unable to break through the $66.50 level as of late and has sold off from there. It is now hovering near the 200-day moving average. One trader is betting that this level holds and that the...
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PepsiCo Sees Bullish Options Trade
Friday, May 21, 2010 - 12:28pm | 65PepsiCo (NYSE: PEP), the world's second-largest soft drink maker, is seeing some bullish options trade today with the purchase of 2,000 June 62.50 calls matched against the sale of 4,000 of the June 65 calls. Volume exceeded open interest in both strikes. Earlier today, PepsiCo said it will invest...
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Pepsi To Boost Investment In China (PEP)
Friday, May 21, 2010 - 9:45am | 125PepsiCo Inc. (NYSE: PEP) is planning to invest $2.5 billion in China over the next three years. The new investment will be in addition to a $1 billion investment announced earlier in 2008. Pepsi’s (PEP) chief executive officer Indra Nooyi said, “This investment reflects very clearly our great...
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Pepsico (PEP) Investing $2.5 Billion In China
Friday, May 21, 2010 - 7:57am | 106Pepsico Inc (NYSE: PEP) on Friday announced that over the next three years it will invest another $2.5 billion in China. The latest investment brings total announced investments by Pepsico Inc in China to $3.5 billion since 2008. The investments will be used to build 10 to 12 new manufacturing...