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Stock Market & Financial Investment News

News Breaks
January 20, 2012
09:30 EDTMJN, SMBL, THS, GMCR, PRGO, SODA, TPX
theflyonthewall.com: William Blair says Green Mountain, SodaStream could top Q4 estimates
In previewing Q4 earnings for the Consumer Products space, William Blair said it believes earnings could surprise on the upside for Tempur Pedic (TPX), for Green Mountain (GMCR), Smart Balance (SMBL), and SodaStream (SODA). The firm sees some risk to Q4 estimates for TreeHouse Foods (THS), but continues to view the company, along with Mead Johnson (MJN) and Perrigo (PRGO), as top ideas. :theflyonthewall.com



News For TPX;GMCR;SMBL;SODA;THS;MJN;PRGO From The Last 14 Days
Check below for free stories on TPX;GMCR;SMBL;SODA;THS;MJN;PRGO the last two weeks.
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May 25, 2012
16:19 EDTTPX
theflyonthewall.com: On The Fly: Closing Wrap
Stock futures were quiet during the pre-market trading session, but weakened just prior to the open after the euro hit its lowest level in the past 22 months. Stocks opened lower and drifted in a narrow range for most of the morning. Around 1pm, S&P downgraded ratings on five Spanish banks which only added to the uncertainty over Europe. The selling momentum increased, pushing the averages to session lows. As the news flow slowed to a trickle ahead of the holiday weekend, the averages struggled to keep from undergoing a major sell-off. ECONOMIC EVENTS: In the U.S., the University of Michigan consumer confidence reading for May was 79.3, versus consensus of 77.8...COMPANY NEWS: VeriFone (PAY) was among the day's biggest decliners after reporting stronger than expected Q2 results, but providing disappointing Q3 guidance. VeriFone's rationale that its results would be hurt by the projected strength of the dollar against the euro contributed to Deutsche Bank (DB) reiterating its Sell rating on the stock. The firm noted that the company had previously indicated that its results were not significantly affected by foreign exchange issues. MAJOR MOVERS: Among the notable gainers were Tempur-Pedic (TPX) which jumped 3.9% to $48.95 and Select Comfort (SCSS), which rallied 5.5% to $28.04, after a trade group reported that mattress industry sales grew by double digits in April. Noteworthy losers included Talbots (TLB), which tumbled about 41% to $1.51, after the company said it had ended exclusive acquisition talks with Sycamore Partners, and VimpelCom (VIP), which dropped 16.4% to $7.30, after the company reported a Russian court issued a new injunction against it and it may defer the payment of a previously declared dividend. INDICES: The Dow fell 74.92 to 12,454.83, the S&P lost 2.86 to 1,317.82, and the Nasdaq shed 1.85 to 2,837.53. :theflyonthewall.com
12:11 EDTTPX
theflyonthewall.com: On The Fly: Midday Wrap

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09:59 EDTTPX
theflyonthewall.com: Tempur-Pedic, Select Comfort rally after mattress sales rise in April
Shares of mattress retailers moved higher after the International Sleep Products Association, a bedding industry trade group, said that its April Bedding Barometer showed increases in both units sold and sales dollars compared to last year. In a note to investors this morning, Piper Jaffray said that the reported 14.5% year-over-year increase in sales suggests the weak March results were an aberration. The firm additionally wrote that recent pullbacks in shares of Select Comfort (SCSS) and Tempur-Pedic (TPX) provide excellent buying opportunities. In early morning trading, shares of Tempur-Pedic were up $2.78, or 5.90%, to $49.88, while Select Comfort (SCSS) rose $1.40, or 5.27%, to $27.97 and Sealy (ZZ) moved higher by 14c, or 8.70%, to $1.75. :theflyonthewall.com
09:38 EDTTPX
theflyonthewall.com: Select Comfort, Tempur-Pedic rally after Piper says April sales strong

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09:36 EDTTPX
theflyonthewall.com: Tempur-Pedic tops its 10-day MA, resistance is at $51.25

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09:36 EDTTPX
theflyonthewall.com: Mattress industry sales up 14.5% in April, says Piper Jaffray
Piper Jaffray says data for the mattress industry released this morning by ISPA shows that April sales were up 14.5% year-over-year. The firm views the data point as strong and believes the recent pullbacks in shares of Select Comfort (SCSS) and Tempur-Pedic (TPX) provide excellent buying opportunities. :theflyonthewall.com

May 23, 2012
10:59 EDTSODA
theflyonthewall.com: SodaStream says received approval to sell in Brazil, Bloomberg reports
The company is currently presenting at a Citigroup conference. :theflyonthewall.com

May 22, 2012
16:43 EDTPRGO
theflyonthewall.com: Perrigo receives FDA approval for Butoconazole Nitrate 2% vaginal cream

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May 21, 2012
12:13 EDTGMCR
theflyonthewall.com: Green Mountain says litigation ongoing against 2 unlicensed portion pack makers

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11:48 EDTGMCR
theflyonthewall.com: Green Mountain CEO says "feeling very good" about N.A. competitive position

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11:45 EDTGMCR
theflyonthewall.com: Green Mountain says expanding U.S. grocery presence
Comment from presentation at Janney Capital Markets Consumer Conference. :theflyonthewall.com

May 18, 2012
13:34 EDTPRGO
theflyonthewall.com: Perrigo announces FDA final approval of OTC Lanosoprazole 15mg capsules

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11:23 EDTPRGO
theflyonthewall.com: Perrigo sued by Cumberland for patent infringement, Bloomberg reports

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06:55 EDTGMCR
theflyonthewall.com: Stocks with implied volatility below IV index mean; GMCR SUN

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May 17, 2012
07:34 EDTTPX, GMCR
theflyonthewall.com: Longbow to host a conference

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May 15, 2012
07:08 EDTPRGO
theflyonthewall.com: Perrigo initiated with a Buy at Stifel Nicolaus
Target $125. :theflyonthewall.com

May 14, 2012
06:39 EDTGMCR
theflyonthewall.com: Stocks with implied volatility below IV index mean; GMCR MAKO

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May 13, 2012
15:39 EDTTPX
theflyonthewall.com: Bedding stock volatility is keeping investors "up at night", Barron's reports
Sealy (ZZ) is fighting back on the memory-foam front, and not just with cheeky ads, Barron's says. It has created a special unit to make memory-foam products, and just rolled out a new product aimed at rival Tempur-Pedic (TPX), which makes the majority of memory-foam mattresses. Barron's contends that Tempur-Pedic's market-share growth could be coming to an end. The other big publicly traded player in the mattress business is Select Comfort (SCSS). :theflyonthewall.com