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Company News for April 8, 2010 - Corporate Summary
Thursday, April 8, 2010 - 9:30am | 243• General Motors announced a $4.3 billion, post-bankruptcy loss in the second half of 2009, as revenue reached $57.5 billion • Bed Bath and Beyond (NYSE:BBBY) posted better-than-expected fiscal fourth quarter earnings of 86 cents a share, up from Zacks estimates of 73 cents, on revenues of $2.24...
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Jim Recommends TLAB, ADCT, CDNS, CRM, RSG, WM, DE, JBL, FLEX
Thursday, April 8, 2010 - 7:38am | 351In his "Mad Money Lightning Round," Jim Cramer recommended that traders continue to buy Tellabs (NASDAQ: TLAB). He said that the rally in TLAB, ADC Telecommunications (NASDAQ: ADCT) and Cadence Systems (NASDAQ: CDNS) is not yet over. All of these stocks are going to move higher. According to Jim,...
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Monsanto (MON) Lowering Prices To Raise Profit
Wednesday, April 7, 2010 - 3:27pm | 196Monsanto Co. (NYSE: MON) plans to reduce prices on its newest genetically modified seeds in order get farmers using the seeds quickly and raise profits 15% per year by fiscal year 2011. Chief Executive Officer Hugh Grant said on Wednesday that weaker than expected sales of SmartStax corn seed and...
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Monsanto (MON) Profit Falls To $887 Million
Wednesday, April 7, 2010 - 8:34am | 95Monsanto Co. (NYSE: MON) reported on Wednesday that its fiscal 2nd quarter earnings fell to $887 million, or $1.60 per share, down from $1.1 billion, or $1.97 per share, a year earlier. The agricultural products company also reported a decline in sales to $3.9 billion from $4 billion a year earlier...
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Stocks To Be Watched On April 7 (MON, FDO, BBBY, RT, WDFC)
Wednesday, April 7, 2010 - 7:59am | 183Monsanto Company (NYSE: MON) is expected to post its earnings for the latest quarter at $1.73 per share. MON is set to report before trading begins. Traders expect Family Dollar Stores (NYSE: FDO) to report its earnings at $0.78 per share when it declares its results for the latest quarter prior...
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ETFs To Watch April 7, 2010 (MOO, KRE, VNQ, VIG)
Wednesday, April 7, 2010 - 2:51am | 195Here is the ETF Professor's ETF Watch List for Wednesday April 7, 2010. Play Monsanto's (NYSE: MON) earnings report with the Market Vectors Agribusiness ETF (NYSE: MOO). The SPDR KBW Regional Banking ETF (NYSE: KRE) was up more than 3% on Tuesday. The iShares Silver Trust ETF (NYSE: SLV) is looking...
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Monsanto Earnings Preview (MON)
Tuesday, April 6, 2010 - 6:27pm | 142Tomorrow morning before the opening bell, Monsanto (NYSE: MON) will be releasing their quarterly earnings numbers. Wall Street consensus estimates call for the company to earn $1.76 per share on $3.9 billion in revenues. In the year ago quarter, MON reported EPS of $2.16. Analyst estimates have a...
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Credit Suisse Lowered Estimates on Mosaic (MOS) – Still Neutral
Tuesday, April 6, 2010 - 9:39am | 204Credit Suisse analyst E Yip, is reiterating his neutral rating on Mosaic Co. (NYSE: MOS) They lowered estimates and the Target Price to $68 from $69 on Lighter Phosphate Volumes. They lowered estimates: “We are lowering are F4Q EPS estimate from $0.99 to $0.96 to reflect lower phosphate volumes...
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Pre-Market Outlook; U.S. Equity Market (BEXP, SLB, TNK)
Tuesday, April 6, 2010 - 8:07am | 161Shares of the following companies may see some unusual movements in trading today, according to Bloomberg. Brigham Exploration Company (NASDAQ: BEXP), an independent exploration, development and production company, plans to issue 13 million shares. The proceeds from the offering will be used to...
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Finding Value in Earnings Announcements: How to Calculate a Price-to-Earnings Ratio
Monday, April 5, 2010 - 4:20pm | 1718Alcoa (AA) officially kicks off earnings season with its numbers release due out on April 12 this year. However, other key earnings reports starting this week will include Bed, Bath and Beyond (BBBY), Monsanto (MON), Family Dollar Stores (FDO) and Salesforce.com (CRM), amongst others. These...
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Top 5 Stocks In The Basic Materials Sector With Highest ROE (WPZ, CLB, FTI, SMG, CNX)
Monday, April 5, 2010 - 11:08am | 168Below are the top 5 basic materials stocks in terms of return on equity. The return on equity for Williams Partners LP (NYSE: WPZ) is 72.78%. WPZ’s quarterly earnings are 247.40% y/y. The return on equity for Core Laboratories NV (NYSE: CLB) is 48.81%. Howard Weil initiated coverage of CLB with a “...
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A Look At George Soros' Portfolio (GLD, PBR, HES, MON)
Thursday, April 1, 2010 - 5:46pm | 329Today, Absolute Return+Alpha magazine released their list of the highest earning hedge fund managers. Legendary investor George Soros continues to mint money, raking in an incredible $3.3 billion in 2009. Soros' haul was good enough for second on the elite list of the world's savviest money...
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Company News for April 1, 2010 - Corporate Summary
Thursday, April 1, 2010 - 9:46am | 241• Research in Motion (NASDAQ:RIMM) reported fourth quarter adjusted earnings ex-items of $1.27, up from 90 cents pro-forma earnings reported a year ago, but one cent short of Zacks estimates of $1.28. Sales of $4.08 billion were ahead of year ago's $3.46 billion, but missed targets of $4.31...
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Top 5 Stocks For March 31, 2010 (AYI, MU, MOS, RIMM, BLUD)
Wednesday, March 31, 2010 - 7:48am | 267Acuity Brands (NYSE: AYI) has forecasted an EPS of $0.09 for the latest quarter. AYI will announce its results before the market opens. AYI’s shares gained 0.57% to close at $42.24 yesterday. Read more about this company here. Analysts expect Micron Technology (NYSE: MU) to post earnings of $0.24...
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CIBC Maintains Market Weight Rating On Potash Corp. (POT)
Tuesday, March 30, 2010 - 3:09pm | 196In a report released today, analysts from CIBC reiterated their Market Weight rating and $120 price target on shares of Potash Corp. of Saskatchewan (NYSE: POT). The analysts did adjust earnings estimates upwards, however, as a result of a changing outlook for phosphate and nitrogen fertilizer...