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Stock Market News for December 9, 2009 - Market News
Wednesday, December 9, 2009 - 10:41am | 432A rising dollar and falling oil and gold prices made investors jittery yesterday, sending the Dow Jones industrial average tumbling more than 100 points. Fitch's downgrade of Greece's credit rating, a $3.65 billion first half loss at Dubai World's Nakheel, and a 1.8% October drop in German...
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Pepsi (PEP) Discontinues Tiger Woods Drink
Tuesday, December 8, 2009 - 6:56pm | 132Today, Gatorade, which is owned by Pepsi (NYSE: PEP), announced its decision to do away with the Gatorade Tiger Woods drink. Gatorade has denied the rumor that the decision was taken in response to controversy surrounding Tiger Woods' personal life. Apparently, this decision was first reported by...
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Barron’s: Insider Stock Transactions
Monday, December 7, 2009 - 3:13pm | 227For the week ended 30 November 2009, the following were insider purchases: 100,000 shares in DirecTV (NASDAQ: DTV), 91,500 shares in Werner Enterprises (WERN), 100,000 shares in Zions Bancorporation (NASDAQ: ZION), 30,500 shares in Rofin Sinar Technologies (NASDAQ: RSTI), 2,774,306 shares in Fusion...
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Barrons: PepsiCo (PEP) All Set To Regain Its Fizz
Monday, November 30, 2009 - 12:58pm | 876Thanks to the recession, investors stayed clear of consumer-staples stock, with PepsiCo (NYSE: PEP) being one among them. The rationale was declining revenues and profits in the company's North American Beverage division that constitutes Pepsi products, Gatorade sports drinks, Tropicana juices,...
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Fortune: Yacktman Fund (YACKX) - Patience & Contrarian Style Pays Off
Sunday, November 29, 2009 - 11:17am | 1781I always enjoy reading success stories from the "little guy", especially in such a field as mutual funds which are dominated by giants. [Sep 21, 2009: BW - The Beauty of Small Boutique Mutual Funds] Further, I am always on the look out for fund managers who employ a completely variant strategy to...
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Most Active Stock Options November 25, 2009 & Trading Activity
Wednesday, November 25, 2009 - 7:27pm | 342As of today the top ten most active stock option contracts traded were: Coca Cola (KO) January 50 Call Options Coca Cola January 45 Call Options McDonald's (MCD) January 55 Call Options McDonald's December 60 Call Options Coca Cola January 47.50 Call Options McDonald's December 57.50 Call...
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Coca Cola Reaches New 52 Week High
Wednesday, November 25, 2009 - 4:27pm | 531Coca Cola Reaches New 52 Week High The Coca Cola Company (KO) fell slightly on Wednesday after reaching a new 52 Week High the past two trading sessions. On Monday a report came out from the Financial Times that the company plans to double it’s bottling capacity in China and triple it’s sales...
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New 52-Week High Stocks (BIOF, QADI, APWR, KXM, ZMH, KO)
Wednesday, November 25, 2009 - 11:12am | 199BioFuel Energy Corp. (NASDAQ: BIOF) hits a new 52-week high at $2.05 in today’s morning trade. Currently BIOF is trading at $1.98, up 19% on 85K shares. So far in 2009, BIOF gained over 465%. QAD Inc. (NASDAQ: QADI) soared 23% to $5.38 on 100K shares. Today, QAID has made a new 52-week at $5.52....
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New 52-Week High Stocks (SLW, PFE, AUY, AXP, KO)
Monday, November 23, 2009 - 12:30pm | 203Silver Wheaton Corp. (USA) (NYSE: SLW) hits a new 52-week high at $16.72 in today’s morning session. Currently SLW is trading at $16.52, up 6%. Today, Michael Curran at Royal Bank of Canada raised SLW to “outperform” from “sector perform”. Pfizer Inc. (NYSE: PFE) rose 1.90% to $18.71 on 29 million...
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Company News for November 23, 2009 - Corporate Summary
Monday, November 23, 2009 - 10:11am | 220• A large run of holiday sales offerings crashed the Ebay (NASDAQ:EBAY) website, causing a major weekend web outage • Tyson Foods (NYSE:TSN) reported better-than-expected earnings of 28 cents a share, beating Zacks estimates by 2 cents, on revenues of $7.2 billion, which exceeded Zacks estimates of...
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Stocks That Will Continue to Achieve New Highs (BBY, SJM, AGU, KO, TRA, MRK, CTL)
Friday, November 20, 2009 - 5:21pm | 266Best Buy Co Inc (NYSE: BBY) shares began their uptrend movement on October 30, and there are no reversal signs in sight so far. The stock could add some points as holiday season is nearing. The JM Smucker Company (NYSE: SJM) shares have appreciated today by 5.25% to $56.29 after witnessing...
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Dr. Pepper Snapple Declares First Ever Dividend
Friday, November 20, 2009 - 5:01pm | 70Dr. Pepper Snapple Group (NYSE: DPS) declared its first ever quarterly dividend earlier today, telling investors it will payout 15 cents a share on January 8 to shareholders of record on December 21. The company, whose brands include 7Up, Mott's as well as Dr. Pepper and Snapple, also said it will...
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Liberty (LMDIA) Looking For Buyers For DirecTV (DTV)
Friday, November 20, 2009 - 8:56am | 265Appointment of a new CEO at DirecTV Group Inc (NASDAQ: DTV) could be a signal for its possible takeover. Michael White, who was earlier with PepsiCo (NYSE: PEP), has no experience in pay TV, and is apparently a "baby-sitter" for the company until a possible takeover. Both Verizon Communications Inc...
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Costco (COST) Will Not Carry Coke (KO) Products: Price Negotiation A Major Issue
Tuesday, November 17, 2009 - 9:05am | 86A pricing dispute between Cola major Coca – Cola (NYSE: KO) and warehousing giant Costco (NASDAQ: COST) has resulted in the latter refusing to carry Coca-Cola products in its stores nationwide. Costco has declined to comment on the issue but its executives confirmed the news. Coca-Cola has said...
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Coca Cola Co. (KO) to make $5.8 billion investment in Brazil over the next five years
Thursday, November 12, 2009 - 1:17pm | 86Coca-Cola Co. (NYSE: KO) said Thursday it is investing $5.8 billion in Brazil in the next five years, a steep increase from its current investment. The world's largest soft drink maker Coca Cola Co. (KO) announced the investment — which lasts from 2010 to 2014 — on Thursday from Brazil, where it...