*Canaccord Genuity raises Kinross Gold target price to $13; rating. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
SAN FRANCISCO-- Nasdaq has told Diamond Foods Inc. that its failure to file its latest annual report on time is another factor that could lead to the delisting of the snack maker's shares from the Nasdaq Stock Market. The payments _ an estimated $20 million in 2010 and $60 million in 2011 _ skewed Diamond's financial results.
U.S. crude oil futures settled down nearly $2 a barrel as signs this week of slowing in the manufacturing and services sectors in Europe and China continued to weigh on investor sentiment. ,down 0.5 percent to C $33.00, Canadian Natural Resources, down 1.6 percent to C $30.22 and Encana Corp, off 2.6 percent to C $21.27.
TORONTO, Oct 5- Toronto's main stock index backed away from its highest level in nearly three weeks on Friday as concerns about weakness in the global economy hurt commodity prices, countering unexpectedly strong North American jobs data.
TORONTO, Oct 5- Toronto's main stock index rose to a two-week high on Friday as unexpectedly strong North American jobs data supported demand for riskier assets. In Canada, the economy added 52,100 jobs in September, more than five times the consensus figure analysts had expected, and bolstering the Bank of Canada's case for an eventual interest rate rise.
--Northfield, Ill.- based Kraft Foods Inc. completed the pending spin-off transaction of its North American grocery business, Kraft Foods Group Inc.. Rating Action On Oct. 2, 2012, Standard& Poor's Ratings Services affirmed its ratings on Mondelez International Inc..
Oct 2- Kinross Gold Corp:. *RBC raises Kinross Gold Corp to outperform from sector perform. *RBC raises Kinross Gold Corp price target to $14 from $11.
Singapore shares fell, largely in line with regional markets, after the latest survey of factory managers showed China's economy is seeing a seventh straight quarter of slowing growth. One of the biggest decliners on the Singapore bourse was Wilmar International Ltd, which eased as much as 2.2 percent to S $3.18.
Oct 1- Kinross Gold Corp:. *Dundee capital markets raises Kinross Gold Corp to buy from neutral;. raises price target to C $13.00 from C $9.50.
In several recent columns, CNBC.com senior editor John Carney has dismissed any notion of a farm labor crisis, claiming that record farm profits suggest no such crisis exists. The senior editor’s all too common error is to grossly oversimplify American agriculture and draw the wrong conclusions as a result.
Market expectations are running so high for the European Central Bank’s meeting Thursday, that it can only disappoint.
Consumer staples companies have been consistently beating earnings estimates so far this quarter. With several big names reporting in the week ahead, the question is: Will the trend continue?
Over the last 30 days corn is up 18.9 percent, wheat is up 30.9 percent, and soybeans have seen a 6.8 percent rise. These big moves are sparking concerns that products that use them will see price increases, especially with respect to corn.
Investors looking to protect their money with long-term, consumer goods stock that will weather the tumultuous market might do well to look at ConAgra, “Mad Money” host Jim Cramer said Monday.
This is a pretty darned good time to own a consumer packaged goods play, says Mad Money host Jim Cramer.
Here’s a look at five food stocks that could be about to increase their dividend payments in the next quarter.
Stocks trimmed their losses but still ended in the red Monday, with the S&P 500 down almost 4 percent from its 2012 highs, weighed by political and economic worries in the euro zone.
The FMHR traders break down today's top three trades, including the play on ConocoPhillips' lower-than-expected quarterly profit, and William Danoff, Fidelity Contrafund portfolio manager, discusses his bullish outlook on U.S. markets.
The end of austerity in Europe? The news was not good for supporters of austerity this weekend.
U.S. stock index futures pointed to a sharply lower open Monday following the first round of presidential elections in France and as the Netherlands teetered on the brink of political and economic crisis over concerns about its national debt.