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February 12, 2013
09:03 EDTDMNDDiamond Foods EPS estimates lowered at BB&T
BB&T reduced its 2013 EPS estimate for Diamond foods to 3c from 39c, citing a lower Emerald sale outlook and higher SG&A expense estimates. The firm thinks that the company's execution has been promising, but that it still has many more tasks to accomplish. BB&T maintains a Hold rating on the stock.
News For DMND From The Last 14 Days
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October 1, 2015
06:52 EDTDMNDDiamond Foods eyes selling company in pieces, NY Post reports
Diamond Foods, after failing to snatch a buyer, is looking to sell itself in pieces, the New York Post reports. The maker of Kettle chips, Pop Secret popcorn and Emerald Snacks has shifted plans and will accept offers on units of the company through mid-October, the report says, citing a source with direct knowledge of the situation. The Kettle potato chip unit could reap a price of roughly $1B-$1.5B, the report says. Reference Link
September 30, 2015
10:05 EDTDMNDHigh option volume stocks
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September 29, 2015
16:14 EDTDMNDDiamond Foods sees FY16 adjusted EPS $1.21-$1.32, consensus $1.27
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16:13 EDTDMNDDiamond Foods reports Q4 adjusted EPS 23c, consensus 21c
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15:29 EDTDMNDDiamond Foods October 31 straddle priced for 10.7% movement into Q4
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15:27 EDTDMNDDiamond Foods October volatility elevated into Q4 and outlook
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15:15 EDTDMNDNotable companies reporting after market close
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10:09 EDTDMNDHigh option volume stocks
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September 24, 2015
16:14 EDTDMNDOn The Fly: Top stock stories for Thursday
Stock futures were weak in early pre-market trading and the negative bias was cemented when Dow member Caterpillar (CAT) announced restructuring actions, including plans to cut as many as 10,000 jobs, and slashed its revenue guidance for this fiscal year and next. For most of the day the sellers remained in control, pushing the market down more than 1.5% at one point. In the afternoon, though, the buyers came in and began to pick up perceived bargains, paring the market's losses. The averages closed well off their worst levels, but still in the red, ahead of a much-anticipated speech this evening from Fed Chair Janet Yellen. ECONOMIC EVENTS: In the U.S., there were 267,000 initial jobless claims last week, versus expectations for 272,000 first-time claims. Durable goods orders for August declined 2.0%, versus expectations for a drop of 2.3%. When transportation items were removed, the core reading was breakeven, versus expectations for a rise of 0.1%. The Chicago Fed National Activity Index had a reading of -0.41, versus expectations of +0.24. New home sales jumped 5.7% in August to a 552,000 rate, versus expectations for a rise of 1.6% to a 515,000 rate. In Asia, Japan's stock market reopened for the first time since Friday and the Nikkei suffered a nearly 3% decline as it caught up to other global markets. The slide came despite Japanese Prime Minister Shinzo Abe unveiling new economic targets, including a goal for a 20% increase in the target size of the Japanese economy to 600T yen, though he gave no timeframe for achieving this aspiration. Elsewhere, Norway and Taiwan both cut interest rates this morning. The Norges Bank lowered rates by 25 basis points to 0.75%, while Taiwan cut its benchmark by 12.5 basis points to 1.75% in the nation's first lowering of rates since 2009. COMPANY NEWS: Shares of Caterpillar fell $4.40, or 6.27%, to $65.80 after the heavy machinery maker announced plans for job cuts and lowered its revenue guidance for this year and next. Caterpillar said that it would lay off 4,000-5,000 of its employees between now and the end of 2016 and could lay off up to 10,000 employees by 2018. Caterpillar cut its fiscal year 2015 revenue forecast by $1B and said its sees its fiscal year 2016 revenue to be 5% below this year, adding that it expects revenue declines in all three large segments next year. Before the news was announced, research firm Axiom initiated coverage of Caterpillar with a Sell rating and $28 price target, projecting that the company's calendar 2016 earnings will fall well below the Street consensus view. Other mining and agriculture equipment makers were also weaker following the Dow member's announcement, with Joy Global (JOY) falling 1% and Deere (DE) dropping 2.5%. MAJOR MOVERS: Among the notable gainers was STERIS (STE), which advanced $5.05, or 8.02%, to $68.00 after the Federal Trade Commission was denied an injunction to stop the company's proposed merger with Synergy. Also higher was Diamond Foods (DMND), which gained $2.98, or 9.72%, to $33.65 after dealReporter said the company has held talks with strategic suitors as it explores a potential sale. Among the noteworthy losers was Sientra (SIEN), which crashed $10.88, or 52.87%, to $9.70 after a U.K. regulator suspended the CE certificate for all medical devices made by Silimed, the company's contracted manufacturer. Also lower was Caesars (CZR), which fell 6.6% to $7.51 after Bloomberg reported that the company has reached an impasse in talks with certain junior bondholders and creditors involved in the ongoing restructuring of its operating unit. INDEXES: The Dow fell 78.57, or 0.48%, to 16,201.32, the Nasdaq dropped 18.27, or 0.38%, to 4,734.48, and the S&P 500 lost 6.52, or 0.34%, to 1,932.24.
10:13 EDTDMNDHigh option volume stocks
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09:46 EDTDMNDDiamond Foods calls active on report of talks with strategic suitors
Diamond Foods October 32 and 36 calls are active on total call volume of 1,010 contracts (25 puts) on talks with strategic suitors, according to DealReporter. October call option implied volatility is at 59, November is at 44; compared to its 52-week range of 25 to 49. Active call volume suggests traders taking positions for upside price movement.
09:34 EDTDMNDDiamond Foods jumps 8.5% to $33.29 after report of exploring potential sale
09:33 EDTDMNDDiamond Foods in talks with strategic suitors, dealReporter says
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