The Walt Disney Co. (DIS), one of the largest entertainment companies in the world, plans the biggest ever expansion of its Fantasyland at Florida in 2010. The expansion is based on the popularity of the Disney Princess and Fairies franchises that have generated $4 billion in global retail sales. The planned expansion of the two franchises will be carried out in two phases, one to be completed in 2012 and the other in 2013.  The expansion plan mainly involves inclusion of four Disney characters namely Cindrella, Sleeping Beauty, Belle from 'Beauty and Beast' and Ariel from "The Little Mermaid". Management believes that these characters would be ideal for a place where visitors usually engage in dancing, story telling, or organize a birthday party with costumed characters of favorite cartoons.  In addition, Walt Disney also plans to set up two new dining places - Gascon's Tavern and ...

This is a guest contribution by Damien Hoffman, editor-in-chief of the very popular Wall St Cheat Sheet blog. Make sure to put this site on your must-read list.

Nouriel Roubini and His Acolytes

Following the incredible popularity of my post “Is Nouriel Roubini a False Prophet?“, I’ve decided to do a little introductory lesson for those more interested in avoiding charlatans …

Cold Reading is a primary set of techniques employed by phony psychics and market prognosticators. When cold reading, the primary objective of the sender is to ensure that the recipient perceives the statement/prophecy to be a hit. Here are a few classic techniques used by Ms. Cleo and Nouriel Roubini:

TECHNIQUE 1. The “Rainbow Ruse”: Indicate one trait

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Conagra Foods Inc. (CAG) reported fiscal fourth-quarter adjusted earnings of 41 cents per share, which was down on a year-over-year basis but was able to match the consensus estimate.

The owner of Chef Boyardee and Peter Pan brands said revenue expanded 7.5% to $3.3 billion, driven by a 14% growth in consumer foods.

Meanwhile, the company also said that it anticipates adjusted earnings of $1.63 to $1.66 per share for the year ending May 2010.

The guidance is in-line with the consensus forecast of $1.64 per share, which has climbed 2 cents over the past month as 3 of 11 covering analysts raised expectations.

CAG, a Zacks #3 Rank ("Hold") stock, has slipped nearly 6% today on heavier-than-usual volume of approximately 7.5 million, compared to the average daily volume of about 4.2 million.

"CAG" Free Stock Analysis: Buy? Sell? Hold?Zacks Investment Research...