Month: December 2012

General Mills (GIS) announced that it earned $541.6 million, or 82 cents a share, up from $444.8 million, or 67 cents a share, in the same period last year. Excluding mark-to-market effects, the company earned 86 cents per share.

The Daily Ticker’s Aaron Task interviews Yaron Brook

The Daily Ticker’s Aaron Task interviews Arizona State University professor Michael Hanemann

Access Midstream (ACMP) was upgraded by UBS (UBS) from neutral to buy with a price target of $39, as the current stock price provides investors with an attractive entry point from a risk/reward perspective. Shares are lower by about nine tenths of a percent.

As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy — they expect to make money. So let’s look at two noteworthy recent insider buys.

In trading on Wednesday, auto parts shares were relative leaders, up on the day by about 0.9%. Leading the group were shares of Johnson Controls (JCI), up about 3.1% and shares of Delphi Automotive Plc (DLPH) up about 2.9% on the day.

Carter’s (CRI) had its numbers increased by Citigroup (C) as the supply chain is being restrucured and should benefit the bottom line. A buy rating was issued with a $64 price target.

Aviv REIT announced today that it has filed a registration statement relating to the proposed IPO of its common stock with the SEC. The registration statement had previously been submitted on a confidential basis under the JOBS Act.

Duke Energy (DUK) was upgraded to buy from hold with a price target of $69 at Deutsche Bank (DB), as the dividend yield is very favorable given the low rate environment. Shares are higher by about nine tenths of a percent.

Washington Federal Incorporated (WAFD) maintained its quarterly dividend of 8 cents per share. The dividend will be payable on December 31, 2012 to common stockholders of record on December 27, 2012.