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Jefferies Initiates Hansen Natural Corporation At Buy, $85 PT
Wednesday, June 1, 2011 - 4:55am | 26Jefferies & Company has initiated coverage on Hansen Natural Corporation (NASDAQ: HANS) with a Buy rating and $85 price target.
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Headline Away from Adding Volatility 05-31-2011
Tuesday, May 31, 2011 - 5:39pm | 911Cusick's Corner A few weeks ago I wrote that I had never seen a market top when retail sentiment shifted to the sidelines so quickly. But the skeptics are gaining some decent bullets, the data stinks. This has investors scratching their heads, watching this market run. But traders are just waiting...
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Dollar Weak, Market Pops 05-31-2011
Tuesday, May 31, 2011 - 1:53pm | 1035Cusick's Corner If you are trading headlines then this is your market. If you are trading data, well this is a frustrating time. The market has rallied with the weakness in the buck which has been attributed to the rhetoric that the Germans potentially might soften the Greek austerity plan. While...
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Options Brief: The Coca-Cola Company
Tuesday, May 31, 2011 - 9:23am | 100Shares of The Coca-Cola Company (NYSE: KO) are higher on the session by 0.47%, trading at $66.82. Overall call volume is now running at 2.27x the daily average, with 1% of all calls traded being purchases on the offer. 20,895 contracts have traded on the session so far. The Coca-Cola Company is...
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Wimm Bill Dann Up 2% As Pepsi Boosts Stake
Friday, May 27, 2011 - 11:48am | 84Wimm Bill Dann (NYSE: WBD) shares are up more than 2% this afternoon, as Bloomberg said that Pepsi (NYSE: PEP) boosted its stake in the company to 95.81% from 76.98%. Pepsi is currently in the process of buying the entire company. Wimm-Bill-Dann Foods OJSC manufactures and sells dairy, beverage,...
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Stephen Moon targets healthy product pipeline for Provexis
Friday, May 27, 2011 - 7:36am | 3054When European legislators introduced tough new rules in 2008 about the health claims that food groups could make about their products, it was a small British company that was first to meet the regulations. Despite numerous brand name multi-nationals finding themselves on the wrong side of the rules...
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Public Companies Giving Out Cash Like They're Oprah on a Coke Binge
Thursday, May 26, 2011 - 4:25pm | 538For all the talk about the recession, one segment of the economy is booming. The corporate world is flush with cash, and the proof is in the dividend pudding. Take a look at the news wire the last few days. It seems like everybody and their grandmother is handing out new dividends, increasing...
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UPDATE: Google, Citi, MasterCard, First Data and Sprint Team up on Mobile Payment Technology
Thursday, May 26, 2011 - 11:29am | 880At an event today, Google (NASDAQ: GOOG), Citi (NYSE: C), MasterCard (NYSE: MA), First Data and Sprint (NYSE: S) announced and demonstrated Google Wallet, an app that will make your phone your wallet so you can tap, pay and save money and time while you shop. For businesses, Google Wallet is an...
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NASDAQ Stocks Hitting 52-Week Highs
Wednesday, May 25, 2011 - 9:05am | 136American Independence Corp (NASDAQ: AMIC) shares gained 0.17% to create a new 52-week high of $6.07. AMIC reported its Q1 net income at $3,184,000. Hansen Natural Corporation (NASDAQ: HANS) shares jumped 1.13% to create a new 52-week high of $70.41. HANS' trailing-twelve-month operating margin is...
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S&P Bullish On Select Staples ETFs
Tuesday, May 24, 2011 - 12:17pm | 422In a market environment such as the current one, themes such as “holding up relatively well” and “less bad” are themes worth embracing and those are tags that can be applied to the ultra-defensive consumer staples sector. Home to what many investors view as boring stocks, but also home to some...
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Citi Increases PT on PepsiCo to $73, Maintains Buy
Tuesday, May 24, 2011 - 6:48am | 135Citi increased its price target on PepsiCo (NYSE: PEP) from $69 to $73. This increase was not enough to persuade Citi to upgrade its rating from Hold, however. In a research report published today, Citi states, "Given our greater confidence in the year outlook, we are raising our target valuation...
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NYSE Euronext Welcomes Coca-Cola Enterprises to its European Market
Tuesday, May 24, 2011 - 6:06am | 224Coca-Cola Enterprises, Inc. (NYSE: CCE), one of the world's largest independent Coca-Cola bottlers, celebrated its Fast Path secondary listing on NYSE Euronext in Paris today. CCE is the first NYSE-listed company in 2011 to take advantage of this streamlined, cost-effective process and the eleventh...
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Citigroup Raises PT On PepsiCo To $73
Tuesday, May 24, 2011 - 4:48am | 25Citigroup has raised the price target on PepsiCo (NYSE: PEP) from $69 to $73 and maintains its Hold rating.
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J.P. Morgan Reports on Cott
Monday, May 23, 2011 - 6:54am | 173J.P. Morgan commented on Cott (NYSE: COT) in a report released today. In the report, J.P. Morgan was positive in its assessment of the company. J.P. Morgan writes, "We are upgrading COT from Neutral to Overweight. We think the stock is set up well for upside over the next 6-12 months as the...
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JP Morgan Upgrades Cott Corporation To Overweight, PT Raised To $10
Monday, May 23, 2011 - 4:52am | 28JP Morgan has upgraded Cott Corporation (NYSE: COT) from Neutral to Overweight and has raised the price target from $9 to $10.