Distillers & Vintners

Dole Foods (NASDAQ: DOLE) trades over 8% higher in pre-market trading. Universal Display Corp (NASDAQ: PANL) trades over 5% higher after the company said it has entered into a technology license agreement with Panasonic Idemitsu OLED Lighting Co. Central European Distribution Corp (NASDAQ: CEDC)...

Shares of Central European Distribution (NASDAQ: CEDC) are moving higher today; currently, shares are up by 43.33%, trading at $7.84. The stock has been moving lower for the past three months and was trading below the 20-day and 50-day moving averages. Central European Distribution is off to the...

Apple (NASDAQ: AAPL) co-founder Steve Jobs is stepping down as CEO and will be replaced by COO and interim CEO Tim Cook. This one won't have a punchline. Just a big "Thank you, Steve." The FCC has asked AT&T (NYSE: T) for more details why it needs to acquire T-Mobile. Duh. To take over the...

Hormel Foods Corp (NYSE: HRL) reported a 15% rise in its fiscal third-quarter net income and raised its full-year earnings forecast. Hormel reported its quarterly earnings at $98.5 million, or $0.36 per share, up from $85.4 million, or $0.32 per share, in the year-ago period. Its revenue climbed 10...

Diageo PLC (NYSE: DEO) reported a 17% rise in its full-year profit. Diageo's profit for the period surged to 1.9 billion pounds ($3.1 billion), from 1.63 billion pounds, in the year-ago period. Its sales climbed 2% to 9.94 billion pounds. The tax rate dropped from 21% to 14.5%. Diageo lifted its...

Castle Brands Inc. (NYSE: ROX) today announced the establishment of a revolving credit facility with Keltic Financial Partners II, LP. The asset-based credit facility provides for borrowings up to $5.0 million for working capital requirements and other general corporate purposes. In connection...

Castle Brands Inc. (NYSE: ROX) announced today that the Company's plan to regain compliance with the NYSE Amex continued listing standards has been accepted by the Exchange.

At 10:05 am, the Dow fell 1.00% to 11,368.17, the broader Standard & Poor's 500 index moved down 1.27% to 1,189.25 and the NASDAQ composite index dropped 1.46% to 2,517.99. The industries that are still afloat in the market today are: Major Airlines: This industry jumped 0.95% by 10:05 am....

Here are today's Put/Call Ratio leaders… 1. Universal Health Services (NYSE: UHS) 5,368 puts, 3 calls 2. Central European Distribution (NASDAQ: CEDC) 4,308 puts, 12 calls 3. Equity Residential (NYSE: EQR) 2,508 puts, 32 calls 4. News Corp. (NASDAQ: NWSA) 7,064 puts, 203 calls 5. Paychex (NASDAQ:...

Congratulations, you've just lived through the sixth-worst day in the history of the U.S. stock market. The Dow Industrials fell 634 points on Monday in response to Standard & Poor's downgrade of the United States' credit rating, and two days later the volatility continues. After a day like...

Here are today's Put/Call Ratio leaders… 1. Saks Inc. (NYSE: SKS) 5,469 puts, 53 calls 2. CB Richard Ellis Group (NYSE: CBG) 9,706 puts, 128 calls 3. Central European Distribution (NASDAQ: CEDC) 9,646 puts, 153 calls 4. Temple Inland (NYSE: TIN) 13,568 puts, 233 calls 5. Chemtura Corp. (NASDAQ:...

Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels and exit/entry points become more clearly defined. The following stocks hit new 52-week highs in Monday's trading session (listed from highest total volume to...

According to Jefferies, Central European Distr. (NASDAQ: CEDC) Buy rating is maintained. Jefferies said that despite expectations of a weak Q2, it should see the company flush out the last in a litany of negative newsflow, with industry re-stocking in Russia set to drive substantial H2 volume,...

Jefferies & Company has lowered the price target on Central European Distribution (NASDAQ: CEDC) from $20 to $12 and maintains its Buy rating.

JP Morgan reiterated its Underweight rating on Central European Distribution (NASDAQ: CEDC). On Monday, CEDC lost 1.65% of its value to end the day at $9.52. Its shares continued to slide in today's pre-market trading, falling 0.21% to stand around $9.50.