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JP Morgan Raises PT On Hansen Natural To $85
Friday, July 8, 2011 - 5:16am | 28JP Morgan has raised the price target on Hansen Natural Corporation (NASDAQ: HANS) from $65 to $85 and maintains its Neutral rating.
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Hottest and Coldest Sectors for Thursday 7/7/2011
Thursday, July 7, 2011 - 6:35pm | 1705The S&P 500 (SPX) gained 14 points, or 1%, in today's session to close at 1353.22. The index is nearing its 52-week high of 1370.58, which was set on May 2nd. The Sector breakdown for Thursday's session is as follows: The S&P 500 was led by the Basic Materials Sector in Thursday's session...
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Fast Money Picks For July 7th (MAR, KSU, QCOM, BRCM, PEP)
Wednesday, July 6, 2011 - 7:16pm | 218On CNBC's Fast Money, Steve Grasso said that he bought Marriott International, Inc. (NYSE: MAR) today. Marriott International, Inc. (MAR) fell 0.05% today, and it closed at $36.62. Tim Seymour said that he would take profits in Kansas City Southern (NYSE: KSU) on Thursday. Kansas City Southern (...
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Morning Market Losers
Wednesday, July 6, 2011 - 8:58am | 106TeamStaff Inc (NASDAQ: TSTF) dipped 15.79% to $1.12 at 9:55 am. TSTF's subsidiary, TeamStaff Government Solutions, received an Indefinite-Delivery/Indefinite Quantity (ID/IQ) prime contract award from the Naval Surface Warfare Center, Dahlgren Division. DragonWave Inc (NASDAQ: DRWI) fell 9.49% to...
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PepsiCo Announces Delivery of Squeeze-Out Demand Notice to Wimm-Bill-Dann
Friday, July 1, 2011 - 7:02am | 181PepsiCo, Inc. (NYSE: PEP) announced today that it delivered a squeeze-out demand notice to Wimm-Bill-Dann Foods OJSC on June 30, 2011. By delivering the notice, PepsiCo has elected to exercise its right under Russian law to purchase all remaining WBD ordinary shares not already owned by PepsiCo,...
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How to Season Your Portfolio With a Little Greek Opa
Thursday, June 30, 2011 - 12:45pm | 474Sure, Greece is facing doom, and despite favorable negotiations of late, the country might just drag the entire European zone into a bank-failure debt crisis that sinks the euro. Maybe you, like a lot of investors, can't stomach the thought of buying some cheap (and probably worthless) Greek bonds...
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Leading Brands Soaring On Earnings, Repurchase
Thursday, June 30, 2011 - 12:23pm | 68Leading Brands Inc. (NASDAQ: LBIX) shares are soaring today, gaining almost 50% after the company reported earnings this morning. The company reported first quarter net income of 12 cents per share, and said that EBITDAS rose 15% to 28 cents per share. Leading Brands, Inc., together with its...
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Morning Market Movers
Thursday, June 30, 2011 - 8:51am | 107Leading Brands Inc (NASDAQ: LBIX) climbed 47.76% to $3.62 at 9:50 am. LBIX reported a 10% y/y rise in its Q1 net income. RIT Technologies Ltd (NASDAQ: RITT) shares gained 32.70% to $9.05. RITT received several major new orders from one of its largest customers, a top-tier diversified financial...
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How to Profit from Passage of Greek Austerity Measures
Thursday, June 30, 2011 - 8:00am | 800It looks as though Greece will avoid plunging the international financial system into turmoil, as the Greek Parliament is preparing for a second vote on austerity measures that the European Union (EU) demanded in order for Greece to receive the next installment of the 110 billion euro bailout that...
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Citi Reiterates Buy and PT of $72 on the Coca-Cola Company
Wednesday, June 29, 2011 - 8:57am | 45Citi reiterated its Buy rating on the Coca-Cola Company (NYSE: KO). At the same time, Citi left its price target on the company's stock unchanged at $72. In today's trading, Coca-Cola added 1.01% to its value to stand around $66.70.
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Stocks to Watch for 6/29/11: Fresh 52 Week Highs and Lows
Wednesday, June 29, 2011 - 3:11am | 2861Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Tuesday's trading session: 1) CIGNA (NYSE: CI): Shares of CIGNA hit a 52-week high of $51.16 in Tuesday's...
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Coca-Cola Femsa To Acquire Grupo Tampico Bottling Unit
Wednesday, June 29, 2011 - 1:53am | 194Coca-Cola Femsa SAB de CV (NYSE: KOF) agreed to buy the beverage division of Grupo Tampico for 9.30 billion pesos ($788 million), including the assumption of MXN2.75 billion in debt. The deal has been approved by both Coca-Cola FEMSA's and Grupo Tampico's Board of Directors. The merger agreement...
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Money Needs a Home 06-28-2011
Tuesday, June 28, 2011 - 5:32pm | 987Cusick's Corner While riots were going on in the streets of Athens, the market keep chugging along. Three of the four offensive sectors, XLI, XLK, XLY, were outperforming the major benchmark, S&P 500. The dollar, bonds and volatility all pulled back. There is now a lot of money that is in...
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Dr Pepper Snapple Group Files Suit against Bottler
Tuesday, June 28, 2011 - 1:27pm | 42Dr Pepper Snapple Group, Inc. (NYSE: DPS) today announced a lawsuit against Dr Pepper Bottling Co. of Dublin, Texas, in an effort to end numerous practices by the bottler that violate its license agreement.
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Companies Presenting Today at Oppenheimers Consumer Conference
Tuesday, June 28, 2011 - 7:40am | 384Today in Boston, several companies will be presenting at Oppenheimer's 11th Annual Consumer Conference at the Four Seasons Hotel. Below is a schedule of publicly-traded companies and their presentation times: 9:30am: Six Flags (NYSE: SIX) TJX Companies (NYSE: TJX) 10:05am: Pool Corp (NYSE: POOL)...