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Chiquita Rejects Merger With Fyffes, Sources Speculate Discussions With Cultrale/Safra Finalized
Saturday, October 25, 2014 - 11:14am | 204Chiquita Brands International Inc (NYSE: CQB) announced on Friday that based on the votes cast during its Special Meeting of Shareholders, an agreement with Fyffes has not been approved. Accordingly, Chiquita delivered a notice to Fyffes officially terminating the transaction agreement. The...
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Markets End Hectic Week On Positive Note
Friday, October 24, 2014 - 5:16pm | 1129U.S. markets rose on Friday, ending a four-week slide for the major indices despite ongoing Ebola-related scares. Investors found enough positives in earnings reports from Dow listed Microsoft and Procter & Gamble to justify a triple-point gain in the Dow. The S&P 500 posted its best week...
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IBM's Report Weighs On The Dow, Apple Helps Boost The Nasdaq, S&P 500 Extends Winning Streak
Monday, October 20, 2014 - 4:57pm | 2950U.S. stocks started the week on a positive note as all three major indices ended the day in positive territory. Dow component IBM reported a disappointing third quarter along with a cautious outlook weighing down the entire Dow index. The Nasdaq benefited from high expectations over Apple's...
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Markets Marginally Higher On Light Volume And Encouraging Geopolitical Developments
Monday, August 11, 2014 - 4:46pm | 2480U.S. markets managed to squeeze out small gains in lighter than normal volume, as geopolitical tensions may be calming down. Russia President Vladimir Putin said that the country will coordinate with the International Red Cross to send humanitarian aid to Ukraine. Meanwhile, Palestinians and...
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Barron's Recap: Detroit Will Rise Again
Sunday, March 16, 2014 - 3:53pm | 768This weekend in Barron's online: how to fix Detroit, an ETF special report, the annual ranking of online brokers, as well as the prospects for Matson. Cover Story "How to Fix Detroit" by Jonathan R. Laing. Though it will cost bondholders dearly, Motown has a shot at a second chance, says this...
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Market Wrap For March 10: Markets Slightly Lower On Chinese Growth Concerns
Monday, March 10, 2014 - 4:56pm | 1832U.S. stocks closed the day slightly lower as investors digested news that China's exports dropped significantly. Philadelphia Fed Chief Charles Plosser said in a speech today that February's harsh winter likely curbed jobs growth in the month. Plosser's remarks echo similar sentiments by other...
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Barron's Recap: The New Breed of Income Funds
Sunday, July 7, 2013 - 11:51am | 816This weekend in Barron's online: profiles of five multiple-asset mutual funds for diversifying sources of yield, a mid-year review of Barron's stock picks and the prospects for the Dell buyout and the new earnings season. Cover Story "The New Breed of Income Fund" by Reshma Kapadia. Investors...
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Barron's Recap: Bulls Run Rampant
Sunday, April 21, 2013 - 1:27pm | 860This weekend in Barron's online: results of Barron's Big Money survey and the prospects for gold mining stocks, Chiquita Brands and CommonWealth REIT. Cover Story "Dow 16,000!" by Jack Willoughby. The latest Barron's Big Money poll shows record levels of bullishness among money managers in the...
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Fresh Del Monte, BlackRock and Other Stocks Insiders Are Buying
Thursday, March 8, 2012 - 7:41am | 1005Insiders may sell shares for any number of reasons, but there is really only one reason insiders buy shares of a company -- they believe the stock price will move higher and they want to profit from it. Pullbacks and sell-offs provide a perfect opportunity for investors who have faith in a company...
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Dole Food Earnings Preview: EPS Expected to Be Up 25%
Wednesday, July 27, 2011 - 8:53am | 648Dole Food (NYSE: DOLE) is scheduled to report its second-quarter 2011 results Thursday, July 28, after the closing bell. The world's largest producer of fresh fruit and vegetables posted strong first-quarter results due in part to higher prices and improved market conditions in Europe and Asia. And...