Business News

AmBev’s Earnings Step Up

4 March 2011 – 6:00 am PDT

Comments Off

Companhia de Bebidas das America (ABV), the Brazilian beer giant reported, robust fourth-quarter 2010 earnings of R$0.85 per share, up 46.6% from prior-year quarters' earnings of R$0.58. The growth was primarily attributable to increased volume, price increases and stronger profit margins. For full fiscal 2010, the company's earnings grew 36.5% to R$2.49 per share compared [...]

Continue reading...

GE Boosts Telecom & Datacenter Tech

4 March 2011 – 5:32 am PDT

Comments Off

General Electric Co. (GE) with the completion of the acquisition of the privately-held Lineage Power Holdings Inc. from The Gores Group, LLC has broadened its expertise in telecommunication and datacenter power. Lineage Power is a worldwide provider of high-efficiency power conversion infrastructure technology and provides services for the telecommunications and datacenter industries. The acquisition of [...]

Continue reading...

United Natural Foods, Inc. (UNFI) is reiterated as a “Outperform” rating by RBC Capital Mkts

4 March 2011 – 5:25 am PDT

Comments Off

Equities research analysts at RBC Capital Mkts Reiterate a “Outperform” rating for shares of United Natural Foods, Inc. (NASDAQ: UNFI) in a research note released to investors today. United Natural Foods is the leading independent national distributor of natural foods and related products in the United States. The company isthe primary supplier to a majority [...]

Continue reading...

Zacks #1 Rank Additions for Friday – Tale of the Tape

4 March 2011 – 5:24 am PDT

Comments Off

Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: Dorman Products Inc (DORM) Apple Inc (AAPL) BTU Intl Inc (BTUI) CAI Intl Inc (CAP) Dell Inc (DELL) View the entire Zacks #1 Rank List. APPLE INC (AAPL): Free Stock Analysis Report BTU INTL INC (BTUI): Free Stock Analysis Report CAI INTL INC (CAP): [...]

Continue reading...

Canadian Pacific Railway Limited (USA) (CP) is reiterated as a “Outperform” rating by RBC Capital Mkts

4 March 2011 – 5:19 am PDT

Comments Off

Equities research analysts at RBC Capital Mkts Reiterate a “Outperform” rating for shares of Canadian Pacific Railway Limited (USA) (NYSE: CP) in a research note released to investors today. Canadian Pacific Railway is North America’s first transcontinental railway and is the only transcontinental carrier with direct service to the U.S. Eastern Seaboard. Shares of Canadian [...]

Continue reading...

Toronto-Dominion Bank (USA) (TD) is reiterated as a “Outperform” rating by RBC Capital Mkts

4 March 2011 – 5:18 am PDT

Comments Off

Equities research analysts at RBC Capital Mkts Reiterate a “Outperform” rating for shares of Toronto-Dominion Bank (USA) (NYSE: TD) in a research note released to investors today. Toronto Dominion Bank is a Canadian chartered bank and offers a wide range of business and consumer services. These services include checking and savings accounts, credit cards, mortgage [...]

Continue reading...

H.J. Heinz Company (HNZ) is reiterated as a “Sector Perform” rating by RBC Capital Mkts

4 March 2011 – 5:18 am PDT

Comments Off

Equities research analysts at RBC Capital Mkts Reiterate a “Sector Perform” rating for shares of H.J. Heinz Company (NYSE: HNZ) in a research note released to investors today. H. J. Heinz Company and its subsidiaries manufacture and market an extensive line of processed food products throughout the world. The company’s principal products include ketchup, condiments [...]

Continue reading...

Marvell Technology Group Ltd. (MRVL) is reiterated as a “Buy” rating by Stifel Nicolaus

4 March 2011 – 5:12 am PDT

Comments Off

Equities research analysts at Stifel Nicolaus Reiterate a “Buy” rating for shares of Marvell Technology Group Ltd. (NASDAQ: MRVL) in a research note released to investors today. Marvell Technology is a leading designer, developer and supplier of mixed-signal and digital signal processing integrated circuit for high-speed, high-density, digital data storage and broadband digital data networking [...]

Continue reading...

Quest Software, Inc. (QSFT) is reiterated as a “Buy” rating by Stifel Nicolaus

4 March 2011 – 5:12 am PDT

Comments Off

Equities research analysts at Stifel Nicolaus Reiterate a “Buy” rating for shares of Quest Software, Inc. (NASDAQ: QSFT) in a research note released to investors today. Quest Software Inc. provides application and information availability software solutions that enhance the performance and reliability of an organization’s e-business, enterprise and custom applications and enable the delivery of [...]

Continue reading...

Maxim Integrated Products Inc. (MXIM) is reiterated as a “Buy” rating by Stifel Nicolaus

4 March 2011 – 5:12 am PDT

Comments Off

Equities research analysts at Stifel Nicolaus Reiterate a “Buy” rating for shares of Maxim Integrated Products Inc. (NASDAQ: MXIM) in a research note released to investors today. Maxim Integrated Products, Inc. designs, develops, manufactures, and markets a broad range of linear and mixed-signal integrated circuits, commonly referred to as analog circuits. The company also provides [...]

Continue reading...