WWW - Posts tagged Del Monte Foods at BloggingStocks

Del Monte Foods posts

Del Monte Foods Surges on Takeover Reports

Posted Nov 19th 2010 2:00PM by Brent Archer (RSS feed)
Filed under: Major Movement, Good news, Rumors, Options, Technical Analysis

Del Monte Foods (DLM) logo Del Monte (DLM - option chain) shares are rising today on reports that the company is in advanced discussions with KKR (KKR) regarding a possible takeover of DLM. KKR is offering $18.50 per share for DLM, according to a Reuters report. If you think that the stock won't fall by too much in the coming months, then now could be a good time to look at a bullish hedged trade on DLM.

DLM opened this morning at $17.46. So far today the stock has hit a low of $17.07 and a high of $17.72. As of 12:05, DLM is trading at $17.20 up $1.49 (9.5%). The chart for DLM looks bullish.

Continue reading Del Monte Foods Surges on Takeover Reports

Earnings highlights: Del Monte, Men's Wearhouse, National Semiconductor, Talbots ...

Posted Jun 13th 2009 3:10PM by Trey Thoelcke (RSS feed)
Filed under: Earnings Reports

Here are some highlights from this past week's earnings coverage from BloggingStocks:

Barnes Group Inc. (NYSE: B) withdrew its 2009 earnings guidance due to uncertainty in transportation.
Brown-Forman Corp. (NYSE: BF.B) Q4 profit beat estimates and it offered guidance for next year.
Del Monte Foods Co. (NYSE: DLM) posted strong Q4 results on price increases and a better tax situation.
FuelCell Energy Inc. (NASDAQ: FCEL) posted lower Q2 sales but announced a big order from South Korea.
Men's Wearhouse Inc. (NYSE: MW) lower Q1 profit topped estimates but the outlook was in line.
National Semiconductor Corp. (NYSE: NSM) Q4 net loss and fiscal-year profit both beat estimates.

Continue reading Earnings highlights: Del Monte, Men's Wearhouse, National Semiconductor, Talbots ...

BusinessWeek: Be wary of stocks under $10

Posted Jul 2nd 2008 3:45PM by Eliza Popescu (RSS feed)
Filed under: Forecasts, Consumer Experience, Competitive Strategy, Apple Inc (AAPL), Ford Motor (F), Motorola (MOT), Research in Motion (RIMM), , Economic Data, JetBlue Airways (JBLU)

The weak market conditions have caused many stock prices to fall under $10. Not only smaller -- and perhaps lesser known -- stocks trade under $10 these days, but also some big and famous names such as Ford Motor Co. (NYSE: F), Motorola Inc. (NYSE: MOT), Sprint Nextel Corp. (NYSE: S), Washington Mutual Inc. (NYSE: WM) and Del Monte Foods (NYSE: DLM), as well as many airline companies like Northwest Airlines (NYSE: NWA) and JetBlue (NASDAQ: JBLU).

While those names could sound tempting for investors who may think they are cheap, BusinessWeek's Karyn McCormack reminds us that not everything that is cheap is a good bargain, and there are some risks that need to be taken into account.

One common problem for most of these stocks is that they trade under $10 for a reason. That reason is usually hardly any earnings growth, if any at all. And with a weak economy, these companies would have an even harder time to stimulate growth. Add to the mix the fact that institutional investors don't like to touch stocks under $10 and the potential for recovery is not good.

Continue reading BusinessWeek: Be wary of stocks under $10