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Fast Money Picks For January 4th (MPEL, EMN, NKE, MS)
Monday, January 3, 2011 - 7:04pm | 174Read More...On CNBC's Fast Money, Brian Kelly recommended Morgan Stanley (NYSE: MS) as a buy. Morgan Stanley (MS) jumped 3.75% today, and it closed at $28.23. Guy Adami thinks that Eastman Chemical Company (NYSE: EMN) trade still works. He is a buyer of this stock. Eastman Chemical Company (EMN) gained 1.51%...
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Analysts Bullish On Commodities In 2011 (JPM, GLD, OIH, DBA)
Monday, January 3, 2011 - 3:54pm | 774Read More...Commodity markets opened the year with a bang amid rising optimism about the health of the global economy. Crude oil futures breached $92 a barrel, and wheat closed above $8 a bushel. Both hit two-year highs on Monday, the first trading day of 2011, setting the tone for what is expected to be a...
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Credit Suisse Raises ASH Target To $69 From $62
Monday, January 3, 2011 - 11:38am | 71Read More...Credit Suisse is raising its price target on shares of Ashland Inc. (NYSE: ASH) to $69 from $62, “which offers investors 36% upside and reflects a 5.8X multiple on our 2012 EBITDA estimate (assuming the cash that ASH generates over the next 12 months goes toward reducing its net debt).” Accordingly...
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Credit Suisse Raises FMC Target To $100 From $90
Monday, January 3, 2011 - 11:33am | 87Read More...Credit Suisse is raising its 12-month price target on shares of FMC Corporation (NYSE: FMC) to $100 (from $90) “as we roll our target multiple to our 2012 estimates, which offers 26% upside including a 0.6% dividend yield and justifying our Outperform rating.” “While our price target reflects a...
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Credit Suisse Raises PPG Target To $89 From $85
Monday, January 3, 2011 - 11:22am | 64Read More...Credit Suisse is raising its price target on PPG Industries, Inc. (NYSE: PPG) to $89 (from $85), “which represents 7.5X our 2012 EBITDA estimate (with all free cash put toward reducing the net debt in our valuation calculation) offering upside of roughly 9%, including a 2.6% dividend yield.” Credit...
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Options Brief: Eastman Chemical Company (EMN)
Friday, December 31, 2010 - 10:38am | 71Read More...Shares of Eastman Chemical Company (NYSE: EMN) are higher on the session by 0.55%, trading at $84.41. Overall put volume is now running at 2.55x the daily average, with 12% of all puts traded being purchases on the offer. 1,167 contracts have traded on the session so far. Eastman Chemical Company...
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DuPont Buys Two Seed Makers - Analyst Blog
Wednesday, December 29, 2010 - 7:33am | 823Read More...EI DuPont de Nemours & Co. (DD), the world's second- largest seed maker, announced that its Pioneer Hi-Bred seed unit has acquired Washington Court House, Ohio-based Seed Consultants Inc. and Lake Providence, Louisiana-based Terral Seed. These companies had been distributing seeds under the...
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Fast Money Picks For December 29th (UPL, DD)
Tuesday, December 28, 2010 - 6:50pm | 132Read More...On CNBC's Fast Money, Joe Terranova said that he wants to buy Ultra Petroleum Corp. (NYSE: UPL) on Wednesday. Ultra Petroleum Corp. (UPL) gained 0.57% today, and it closed at $47.23. Pete Najarian thinks that E.I. du Pont de Nemours & Company (NYSE: DD) is a buy. E.I. du Pont de Nemours &...
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DuPont Buys Two Seed Makers - Analyst Blog
Tuesday, December 28, 2010 - 2:03pm | 814Read More...EI DuPont de Nemours & Co. (DD), the world's second- largest seed maker announced that its Pioneer Hi-Bred seed unit has acquired Washington Court House, Ohio-based Seed Consultants Inc. and Lake Providence, Louisiana-based Terral Seed. These companies had been distributing seeds under the...
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DuPont Buys Two Seed Makers - Analyst Blog
Tuesday, December 28, 2010 - 1:45pm | 821Read More...EI DuPont de Nemours & Co. (DD), the world's second- largest seed maker announced that its Pioneer Hi-Bred seed unit has acquired Washington Court House, Ohio-based Seed Consultants Inc. and Lake Providence, Louisiana-based Terral Seed. These companies had been distributing seeds under the...
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DuPont Buys Two Seed Makers - Analyst Blog
Tuesday, December 28, 2010 - 1:45pm | 823Read More...EI DuPont de Nemours & Co. (DD), the world's second- largest seed maker, announced that its Pioneer Hi-Bred seed unit has acquired Washington Court House, Ohio-based Seed Consultants Inc. and Lake Providence, Louisiana-based Terral Seed. These companies had been distributing seeds under the...
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Long EMN at $83.03
Tuesday, December 28, 2010 - 10:58am | 67Read More...My one trade so far this morning involving Eastman Chemical (EMN) at $83.04, but my fill came in at 83.03. Solid cup and handle pattern, with strong support riding up the 50-day moving average. Here's the chart on EMN. Read more...
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JP Morgan Lowers Estimates On Ashland
Monday, December 27, 2010 - 8:34am | 236Read More...JP Morgan has published a research report on Ashland, Inc. (NYSE: ASH) and is shaving forecast estimates due to Ashland's higher expenses. In the report, JP Morgan writes "We note a number of adjustments and uncertainties regarding ASH's accounts, including adjustments for Performance Materials JVs...
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New Home Sales Disappoint - Analyst Blog
Thursday, December 23, 2010 - 1:03pm | 1486Read More...New home sales in November rose by 5.5% from October, but that puts them at a dismal rate of 290,000. The percentage increase is a bit exaggerated as well, since the October numbers were revised down to 275,000 from 283,000. Thus relative to where we thought we were, the increase is more like 2.5...
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New Home Sales Disappoint - Analyst Blog
Thursday, December 23, 2010 - 12:32pm | 1486Read More...New home sales in November rose by 5.5% from October, but that puts them at a dismal rate of 290,000. The percentage increase is a bit exaggerated as well, since the October numbers were revised down to 275,000 from 283,000. Thus relative to where we thought we were, the increase is more like 2.5...
