Osiris Therapeutics (OSIR) started the day with a big surge. More details. Animal Health (AHII) may be one of the worst performing stocks today. Financial giant CIT (CIT) may have one of…
This morning’s earnings report from Archer-Daniels-Midland (NYSE:ADM) offers proof that if a company is going to be in the ethanol business, it had better have a fallback position. ADM blew past analysts’…
The most prominent ethanol energy company in the US, Verasun (VSE), is filing for Chapter 11. Among other things the firm has been pinched by falling oil prices, which make ethanol less…
These are some of the top upgrades we have seen this Monday morning with about 2 hours until the open: Allied Capital (ALD) Raised to Neutral at JPMorgan. Archer Daniels Midland (ADM)…
According to Reuters, a new tally of votes for the Yahoo! (YHOO) board election shows a high percentage of protest votes. Reuters reports that the Fed held rates steady and indicated it…
Global Industries (GLBL) Bad second quarter. Falls to $7.81 from $28. Himax Technologies (HIMX) Still dropping a day after rough results. Down to $2.79 from 52-week high of$6.29. Reliant Energy (RRI) Q2…
Today’s earnings report from Archer Daniels Midland (NYSE:ADM) not only missed analyst’s targets, but may have missed the broad side of the barn. Analyst expected EPS of $0.67, and got EPS of…
Ethanol stocks appear to be under pressure this morning. Citigroup has downgraded the group to a SELL rating, partially based upon the Midwest flooding. VeraSun (NYSE: VSE) and BioFuel Energy (NASDAQ: BIOF)…
These are ten of the analyst calls we are focusing on this Thursday morning: Archer-Daniels (NYSE: ADM) cut to Hold at Citigroup. ASM Intl NV (NASDAQ: ASMI) started as Underperform at Jefferies.…
Very few people drive down the miles-long highways and dirt roads in the middle of the country to see combines cut grain and fertilizer trucks spread chemicals. The picture is not monochromatic,…
Douglas A. McIntyre On Monday, we’ll get to see earnings out of Archer-Daniels-Midland Co. (NYSE:ADM). The estimates from First Call for the agriculture giant are $0.74 EPS on $12.65 Billion in revenues. Estimates for fiscal…
When you see sectors that have been key leaders fall it’s often just another buying opportunity. But when you start seeing an exodus you have to wonder if letting the good times…
Archer-Daniels Midland (ADM) $0.71 vs. $0.59 est. Asset Acceptance Corp. (AACC) -$0.05 EPS vs -$0.05 est. Beazer (BZH) cutting 1/4 workers and suspends dividend; sees new order down 50%. Church & Dwight…
This morning Goldman Sachs (NYSE:GS) cut estimates from 2007 to 2009 for corn-based ethanol producers for much of the same reasoning that we have been cautious on the sector. Raser Technologies, Inc.…
According to Reuters, the IPO for Blackstone priced at the high end of its range, raising $4.13 billion. Reuters writes that GE (GE) and Pearson (PSO) have dropped their potential bid for…
