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4-23-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Friday, April 23, 2010 - 10:36am | 2210Stocks turn higher after new report shows sales of new homes rise, but Greece debt problem looms A second straight upbeat home sales report is giving stocks a lift. The Commerce Department says Friday that sales of new homes jumped 27 percent in March, a month after hitting record lows. Stocks got...
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Deutsche Bank Maintains Buy Rating For PepsiCo, Inc. (PEP)
Friday, April 23, 2010 - 10:11am | 89Analysts at Deutsche Bank have released an update on PepsiCo, Inc. (NYSE: PEP). The company reported its first-quarter results on Thursday. According to analysts, with plenty of deal-related charges and lumpy segment results in the first-quarter, the next three quarters should see relatively much...
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Dividend Stocks That Hit Their Bottom (KO, MMM, WMT, ABT, MCD, CVX, UTX)
Friday, April 23, 2010 - 5:03am | 462According to an article on SeekingAlpha, everyone, including those who love dividend stocks, wants a deal that is close to the rock bottom price. However, long-term buy-and-hold investors are not famous for their ability to time the market and call the bottom. These investors can enjoy the benefits...
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Morning Market Update (PEP, GMGMQ.PK, TM, C, GS, JPM, BAC, MS)
Thursday, April 22, 2010 - 10:42am | 365PepsiCo (NYSE: PEP) reported net income of $1.43 billion, or $0.76 a share, on revenues of $9.37 billion, marking a rise from the profits of $1.14 billion, or $0.71 a share, on revenues of $8.26 billion the previous year. Analysts surveyed by Thomson Reuters were expecting earnings of $0.75 a share...
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Pepsi Beats Wall Street Estimates, Stock Moves Lower (PEP)
Thursday, April 22, 2010 - 9:47am | 94PepsiCo (NYSE: PEP) released their quarterly earnings today prior to the opening bell. The company reported net income of $1.43 billion or $0.89 per share, compared to $1.14 billion or $0.72 per share in last year's corresponding quarter. Non-GAAP net income, which is comparable to analysts'...
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US Stock Market Futures Fall On Fresh Greece Worries
Thursday, April 22, 2010 - 8:57am | 230US stock market futures fell today after the market received further warning over the state of Greece's economy. While futures on the Dow Jones Industrial Average shed 49 points to 11010, those on the S&P 500 slipped 7.8 points to 1192.6. Meanwhile, Nasdaq 100 futures lost 13.25 points to 2012....
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Stock Market News for April 22, 2010 - Market News
Thursday, April 22, 2010 - 8:30am | 472U.S. stocks ended a choppy session mixed Wednesday as traders appeared less enthusiastic to extend a rally that has put major indexes at multi-month highs. Healthcare shares fell after a number of companies from the sector cut their earnings outlook, saying the U.S. healthcare overhaul will hurt...
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Stocks To Watch On April 22 (PEP, HSY, AMZN, MSFT, VZ)
Thursday, April 22, 2010 - 7:55am | 166PepsiCo (NYSE: PEP) is expected to post its EPS at $0.75 for the first quarter. PEP’s shares fell 0.27% to $65.80 in the pre-market session. Wall Street expects Hershey Co (NYSE: HSY) to have earned $0.47 per share in the first quarter. Shares of HSY fell 0.16% to $44.84 yesterday. Amazon (NASDAQ:...
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Stocks To Watch On April 22 (PEP, HSY, AMZN, MSFT, VZ)
Thursday, April 22, 2010 - 7:38am | 166PepsiCo (NYSE: PEP) is expected to post its EPS at $0.75 for the first quarter. PEP’s shares fell 0.27% to $65.80 in the pre-market session. Wall Street expects Hershey Co (NYSE: HSY) to have earned $0.47 per share in the first quarter. Shares of HSY fell 0.16% to $44.84 yesterday. Amazon (NASDAQ:...
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PepsiCo, Inc. (PEP) Reports $1.43 Billion In First-Quarter Profit
Thursday, April 22, 2010 - 7:17am | 85PepsiCo, Inc. (NYSE: PEP) reported its first-quarter results today. The company reported a profit of $1.43 billion, or $0.89 per share, compared with a profit $1.14 billion, or $0.72 per share. Excluding items, the company made a profit of $0.76 per share. Analysts surveyed by Thomson Reuters were...
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ETFs To Watch April 22, 2010 (EUO, FAA, XLP, MOO)
Thursday, April 22, 2010 - 3:46am | 251Here is the ETF Professor's ETF Watch List for Thursday April 22, 2010. Play earnings from eBay (Nasdaq: EBAY) and Qualcomm (Nasdaq: QCOM) and the anticipation of Amazon (Nasdaq: AMZN) and Microsoft (Nasdaq: MSFT) earnings with the SPDR Morgan Stanley Technology ETF (NYSE: MTK). Pepsico (NYSE: PEP...
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Procter & Gamble pays more
Wednesday, April 21, 2010 - 7:06pm | 549Consumer products giant, and often misspelled, Procter & Gamble (PG) has raised it's dividend by 9.5%. Here is a glance at Procter's recent dividend history:2007 = $1.362008 = $1.552009 = $1.722010 = $1.89 (EST) This represents a compound annual growth rate of the dividend of almost 12%....
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Stock Market News for April 21, 2010 - Market News
Wednesday, April 21, 2010 - 8:45am | 556Better-than-expected profit reports from some big Wall Street names helped overcome concerns that increased financial regulations would limit banks’ lending abilities and eat into their profits. Stocks managed to end higher for a second consecutive day as investors picked up stocks from every...
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UBS Reiterates Buy On Coca-Cola (KO)
Tuesday, April 20, 2010 - 12:28pm | 116UBS released a research report today reiterating their BUY recommendation on shares of Coca-Cola (NYSE: KO). The company reported Non-GAAP earnings of $1.86 billion or $0.80 per share on $7.53 billion in revenue, beating Wall Street estimates. UBS has a 12 month price target of $62.00 on the stock...
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US Stocks Open Higher On Earnings Beat
Tuesday, April 20, 2010 - 12:12pm | 279US stocks opened higher today, after several companies posted strong earnings. While the Dow Jones Industrial Average gained 30 points, or 0.3%, to 11123, in early trading, the Nasdaq Composite has moved up only 0.4%. Meanwhile, the Standard & Poor's 500 index climbed 0.5%, led by the...