Breaking News

Yesterday
Show Full Stories

X

To view all stories in expanded form, please subscribe.
Send Info
Periodicals
J&J, Chevron among names with safe dividends for now, Barron's says » 10:04
04/04/20
04/04
10:04
04/04/20
10:04
TROW

T. Rowe Price

$95.02 /

-2.13 (-2.19%)

, PG

Procter & Gamble

$115.10 /

+0.68 (+0.59%)

, MDT

Medtronic

$86.17 /

+0.02 (+0.02%)

, KMB

Kimberly-Clark

$130.02 /

+0.58 (+0.45%)

, JNJ

Johnson & Johnson

$134.13 /

+1.05 (+0.79%)

, HRL

Hormel Foods

$48.37 /

+0.72 (+1.51%)

, CVX

Chevron

$75.15 /

-1.07 (-1.40%)

, ABT

Abbott

$79.50 /

+0.075 (+0.09%)

Among the 64 S&P 500…

Among the 64 S&P 500 Dividend Aristocrats, the dividends of Abbott Laboratories (ABT), Chevron (CVX), Hormel Foods (HRL), Johnson & Johnson (JNJ), Kimberly-Clark (KMB), Medtronic (MDT), Procter & Gamble (PG), and T. Rowe Price (TROW) look safe for now, thanks in part to relatively low debt loads, Lawrence Strauss writes in this week's editions of Barron's. Reference Link

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Friday
Recommendations
Tyson Foods price target lowered to $70 from $92 at Credit Suisse » 06:34
04/03/20
04/03
06:34
04/03/20
06:34
TSN

Tyson Foods

$54.12 /

-1.16 (-2.10%)

Credit Suisse analyst…

Credit Suisse analyst Robert Moskow lowered the firm's price target on Tyson Foods to $70 from $92 and keeps an Outperform rating on the shares. Moskow tells investors in a research note that the spike in demand for chicken from the grocery channel over the past two weeks is starting to fade now that consumers and grocers have filled their freezers with inventory and is no longer sufficient to offset the 50% decline in demand in the restaurant sector.

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Upgrade
Altria Group upgraded to Buy from Hold at Panmure Gordon » 05:45
04/03/20
04/03
05:45
04/03/20
05:45
MO

Altria Group

$36.27 /

-1.43 (-3.79%)

Panmure Gordon analyst…

Panmure Gordon analyst Rae Maile upgraded Altria Group to Buy from Hold with a $62 price target.

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Thursday
Options
Herbalife put volume heavy and directionally bearish » 14:15
04/02/20
04/02
14:15
04/02/20
14:15
HLF

Herbalife Nutrition

$28.02 /

+0.59 (+2.15%)

Bearish flow noted in…

Bearish flow noted in Herbalife with 1,195 puts trading, or 1.3x expected. Most active are May-20 30 puts and Aug-20 30 puts, with total volume in those strikes near 1,100 contracts. The Put/Call Ratio is 9.34, while ATM IV is up nearly 79 points on the day. Earnings are expected on April 30th.

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Hot Stocks
WD-40 shares sink after being named short idea at Spruce Point » 10:08
04/02/20
04/02
10:08
04/02/20
10:08
WDFC

WD-40

$179.28 /

-9.09 (-4.83%)

, DD

DuPont

$32.85 /

+0.43 (+1.33%)

, NWL

Newell Brands

$12.21 /

-0.21 (-1.69%)

Shares of WD-40 dropped…

Shares of WD-40 dropped in morning trading after Spruce Point issued a 'Strong Sell' opinion on the stock, saying it faces 55%-60% downside risk to approximately $75-$85 per share. 'HORRIBLE' RISK/REWARD: Spruce Point said in a research note that WD-40 is facing both long and short-term secular pressures. With the company recently increasing and drawing down almost 100% of its credit facility, a size 1,500% larger than the previous recession in 2008-2009, it believes a hole in its balance sheet has been exposed. The firm believes shares are a "horrible" risk/reward and that it will have to drastically reduce its optimistic 3%-7% sales target and re-set investor expectations meaningfully lower. Spruce Point believes the product is also coming under increasing regulatory scrutiny, as the oil-based lubricant is being sold at above market prices, and thinks WD-40 is not well suited to an e-commerce environment. NO VISIBILITY: Spruce Point also contended that WD-40, which missed FY09 sales and EPS estimates by 13% and almost 10% at the mid-points, has no visibility in an economic recession, and that it has few, if any growth avenues left. TAKEOVER TARGET? The firm commented on WD-40 as a potential takeover target, but states that larger companies like DuPont (DD) and Newell Brands (NWL) have competing products in the space and neither has made an offer for WD-40. PRICE ACTION: In morning trading, shares of WD-40 are down 3.5% to $182.03.

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Hot Stocks
Altria Group to defend minority investment in JUUL against FTC action » 05:21
04/02/20
04/02
05:21
04/02/20
05:21
MO

Altria Group

$37.70 /

-1 (-2.58%)

Altria Group announced…

Altria Group announced that the U.S. FTC has filed an administrative complaint challenging Altria's minority investment in JUUL Labs. In December 2018, Altria made a minority investment in JUUL. In exchange for the investment, Altria received a 35% economic interest in JUUL through non-voting shares, with their conversion to voting shares and the seating of representatives on JUUL's board of directors contingent on antitrust clearance. "We believe that our investment in JUUL does not harm competition and that the FTC misunderstood the facts," said Murray Garnick, Altria's Executive Vice President and General Counsel. "We are disappointed with the FTC's decision, believe we have a strong defense and will vigorously defend our investment."

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Wednesday
Hot Stocks
FTC sues to unwind Altria's $12.8B investment in Juul » 18:30
04/01/20
04/01
18:30
04/01/20
18:30
MO

Altria Group

$37.70 /

-1 (-2.58%)

The Federal Trade…

The Federal Trade Commission filed an administrative complaint alleging that Altria Group, Inc. and JUUL Labs, Inc. entered a series of agreements, including Altria's acquisition of a 35% stake in JUUL, that eliminated competition in violation of federal antitrust laws. The FTC alleged that as competitors, Altria and JUUL monitored each other's e-cigarette prices closely and raced to innovate. Altria also leveraged its ownership of leading brands across tobacco categories to secure favorable shelf space at retailers throughout the United States, the complaint alleges. Although early competition resulted in Altria's MarkTen e-cigarette becoming the second most popular brand by market share, by late 2018, JUUL vaulted past the industry leaders Altria and Reynolds to become the leading e-cigarette company in the country. The Commission alleges that Altria dealt with this competitive threat by agreeing not to compete in return for a substantial ownership interest in JUUL. Weeks after Altria declared its intention to wind down its e-cigarette business, Altria and JUUL announced an agreement that made Altria JUUL's largest shareholder, allowed Altria to appoint an observer to JUUL's Board of Directors, and would have permitted Altria to appoint three members of JUUL's Board after converting its shares to voting securities. JUUL received over $12B, an agreement that Altria would not compete with JUUL for six years, and a range of support services. Reference Link

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Periodicals
FTC files suit to unwind Altria's $12.8B Juul investment, Bloomberg says  18:23
04/01/20
04/01
18:23
04/01/20
18:23
MO

Altria Group

$37.70 /

-1 (-2.58%)

 
ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Conference/Events
Stephens food analysts to hold an analyst/industry conference call » 17:43
04/01/20
04/01
17:43
04/01/20
17:43
TSN

Tyson Foods

$55.28 /

-2.42 (-4.19%)

, SAFM

Sanderson Farms

$114.83 /

-8.33 (-6.76%)

, PPC

Pilgrim's Pride

$17.72 /

-0.4 (-2.21%)

, CALM

Cal-Maine Foods

$41.37 /

-2.61 (-5.93%)

Analysts, along with…

Analysts, along with Urner Barry, an American business publisher that provides market information on the food industry, provides an update and outlook on the industry on an Analyst/Industry conference call to be held on April 9 at 2 pm.

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Options
Tyson Foods put volume heavy and directionally bearish » 12:35
04/01/20
04/01
12:35
04/01/20
12:35
TSN

Tyson Foods

$56.59 /

-1.11 (-1.92%)

Bearish flow noted in…

Bearish flow noted in Tyson Foods with 2,842 puts trading, or 1.2x expected. Most active are 4/3 weekly 56 puts and May-20 60 calls, with total volume in those strikes near 2,600 contracts. The Put/Call Ratio is 2.87, while ATM IV is up over 6 points on the day. Earnings are expected on May 4th.

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.