Fresh Del Monte Produce

Insiders 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...

Dole 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...

BB&T Capital is raising its estimates on Fresh Del Monte Produce, Inc. (NYSE: FDP). “We have raised our Q4'10 estimate to ($0.05) from ($0.20) and have taken our 2011 estimate to $2.27 from $2.10. Please see page 2 for detailed assumptions,” BB&T Capital writes. “We have not raised our Q4'...

BB&T Capital Markets has lowered its Q4'10 EPS estimate on shares of Fresh Del Monte Produce, Inc. (NYSE: FDP) to a loss of $0.20 from a loss of $0.13, to account for a higher tax rate assumption. “We have also raised our FY'11 estimate to $2.10 from $2.00 to account for better than expected...

Fresh Del Monte Produce, Inc. (NYSE: FDP) posted 2Q EPS of $0.85, above BB&T Capital Market's estimate of $0.70 and consensus of $0.73. The upside was attributed to a sizable tax credit and asset sales. Excluding the asset sales gains, EBIT equaled $48.5M vs. BB&T's $55.5M estimate....