The three major US stock indexes opened higher this morning following the announcement of an interest rate cut in China (our coverage here). Spain sold more than €2 billion in bonds at…
The three major US stock indexes opened higher this morning despite the refusal of the European Central Bank to lower its interest rates (our story here) and a lower-than-expected rise in US…
ThinkstockFood processor J.M. Smucker Co. (NYSE: SJM) announced this morning that it was lowering the price on its coffee brands by an average of 6% “in response to sustained declines in green…
Food processor J.M. Smucker Co. (NYSE: SJM) badly missed expectations this morning as the company suffered from lower demand after it raised prices. For Smucker’s third quarter, the company reported EPS of…
Paul Ausick Traders started off this morning on a bit of a selling spree, but for most of the morning the indexes were roughly flat. In the afternoon, however, selling picked up and all…
Stocks opened higher this morning, helped along by a host of merger announcements. Techs got boost when Oracle Corp. (NASDAQ: ORCL) said it would pay $1.5 billion for cloud-based customer service provider…
Monday is called “Merger Monday” for a reason and this morning is a classic example of its namesake. We have seen multiple deals and news outstanding on pending deals. We recently noted…
ThinkstockCoffee prices rose steadily from July 2010 to March 2011, before dipping a little, and then climbing back to a price of more than $3/pound. The price today is about $2.80/pound and…
Hot, dry weather is now expected to reduce the US corn harvest and lift consumer prices for everything from breakfast cereal to pump prices at the local service station. Agricultural stocks from…
courtesy Green Mountain Coffee Roasters Inc.Green Mountain Coffee Roasters (NASDAQ: GMCR) has delivered compounded annual earnings growth rate of 80% in the last three years. So why is the specialty beverage purveyor still…
ThinkstockAs is the case with crude oil, people just can’t seem to get enough coffee. Global consumption of coffee rose 2.4% in 2010, to 134 million bags (each bag weighs about 132…
Today’s commodities report takes a look at the recovery in silver, another comeback for coffee, and some concerns about agricultural exchange-traded products. The price of silver is up about 4.5% at mid-day,…
There are many big analyst calls this Monday. These are some of this morning’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls: Alcatel-Lucent (NYSE: ALU) Maintained Neutral but…
Dillard’s Inc. (NYSE: DDS) rose as high as over 10% to a yearly high of $15.79 after the department-store chain was upgraded by Deutsche Bank AG. Dress Barn Inc. (NASDAQ: DBRN)…
These are this morning’s top analyst downgrades and cautious calls from Wall Street firms we have seen with about two hours until the market opens: Carrizo Oil & Gas (CRZO) Cut to…
