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| Indie Research Stocks turned in a strong day, helped by some good economic news. The market historically has performed pretty well the week of Thanksgiving, and this is a good start for this trend to continue. Barring clear signs of a dismal holiday shopping season, we continue to believe the market will finish out the year on solid footing. The Coffee Stocks Index was the top performing tickerspy Index on the day, led by Diedrich Coffee (Nasdaq: DDRX - News) with a 29% gain. Stocks rallied to start the week, with the Dow up 133 points to 10,451. The S&P added 15 points to 1,106, while the Nasdaq climbed 30 points to 2,176. Oil inched up 9 cents to $77.56 a barrel, while gold jumped $18.00 to $1,164.80 an ounce. A surge in home sales topped today's economic news, as October sales rose 10.1% to a seasonally adjusted annual rate of 6.1 million, according to the National Association of Realtors. The median sales price was down -7.1% year over year to $173,100. Elsewhere, economists predicted that job losses will bottom out in the first quarter of 2010, according to a National Association for Business Economics survey. In earnings news, Campbell Soup (NYSE: CPB - News) posted a fiscal Q1 profit of $304 million, or 87 cents per share, 17% higher than the $260 million, or 70 cents per share, it earned in the year-ago quarter. Sales fell -2% to $2.2 billion. The Wall Street consensus was for EPS of 81 cents on revenue of $2.28 billion. Looking forward, the company upped its full-year EPS growth projections to 9-11% from 5-7%. The stock rose 1.4%. Seven Pro investors counted the stock among their top-15 holdings at the start of Q4. Meat producer Tyson Foods (NYSE: TSN - News) announced a fiscal Q4 loss due to a large impairment charge in its beef business. For the quarter, the loss came to -$455 million, or -$1.22 per share, versus a year-ago profit of $48 million, or 13 cents per share. Adjusted EPS came in at 28 cents, 2 cents ahead of estimates. Sales inched up to $7.21 billion from $7.2 billion, and came ahead of the $6.88 billion Wall Street consensus. The stock fell -1.5%. Shares of Tech Data Corp. (Nasdaq: TECD - News) rose 1.7% after the technology distributor saw its Q3 results top analyst estimates on both the top and bottom lines. For the period ended October 31st, the company recorded net income available to common shareholders of $43.1 million, or 84 cents per share, up from $16.8 million, or 33 cents per share, a year earlier. Revenue fell -8% to $5.64 billion. Analysts were looking for EPS of 71 cents on sales of $5.33 billion. For Q4, the company guided for revenue of $5.71 billion, just above analyst estimates of $5.65 billion. Seven Pro investors counted the stock among their top-15 holdings at the start of Q4. British candy maker Cadbury (NYSE: CBY - News) continues to draw interest from potential suitors following a hostile bid earlier from Kraft (NYSE: KFT - News), which it promptly rejected. The latest company considering making a bid is Swiss packaged food giant Nestle (Pink Sheets: NSRGY - News). Chocolate maker Hershey (NYSE: HSY - News) and Italy's Ferrero have also been reported to be considering making offers, either jointly or separately. Shares of Cadbury rose 1.9%. Fun and informative, tickerspy.com is a free investing website where you can track multiple stock portfolios and compare against 250 proprietary Indexes tracking themes from stem cells to green energy to precious metals. Best of all, tickerspy.com lets you spy on the portfolios of nearly 3,000 Wall Street institutions and hedge funds and see graphs of their performance. Try tickerspy.com today and find out how you stack up against investing legends like Warren Buffett!
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