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J.P Morgan Raises Estimates & Raises The PT On Fortune Brands To $62
Monday, February 7, 2011 - 9:17am | 167Fortune Brands (NYSE: FO) reported 4Q Operating EPS of $0.63, above J.P Morgan's $0.56E and the Street's $0.58. Against JPM's estimate, Spirits sales, Home and Security margins and Golf margins represented $0.07 and $0.05 and $0.02/share of upside, respectively; this was partially offset by Spirits...
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Citigroup Raises PT On Fortune Brands To $65
Monday, February 7, 2011 - 8:14am | 26Citigroup has raised the price target on Fortune Brands (NYSE: FO) from $61 to $65 and maintains its Hold rating.
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JP Morgan Raises PT On Fortune Brands To $62
Monday, February 7, 2011 - 7:26am | 27JP Morgan has raised the price target on Fortune Brands (NYSE: FO) from $55 to $62 and maintains its Neutral rating.
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A Peek Into The Market Before The Trading Starts
Friday, February 4, 2011 - 8:01am | 427Pre-open movers US stock futures are higher this morning, as investors are awaiting January's key nonfarm payrolls figures. Futures on the Dow Jones Industrial Average gained 12 points to 12,021 and S&P 500 futures rose 1.40 points at 1,305. Nasdaq 100 futures gained 1.25 points to 2,323. A...
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Fortune Brands Reports Better-Than-Expected Q4 Earnings
Friday, February 4, 2011 - 7:44am | 56Fortune Brands (NYSE: FO) reports its Q4 adjusted EPS at $0.63, beating the consensus of $0.58. FO reports its Q4 revenue at $1.9 billion, versus the consensus of $1.8 billion. FO shares fell 0.41% to $61.30 in after-hours trading. Read more from Benzinga's Company news.
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Top Valentines Day Stocks
Wednesday, February 2, 2011 - 11:56pm | 760Most people know when Valentine's Day is, but in case you missed the memo, it is Monday, February 14, so if you haven't done the shopping for your Valentine, then you better get cracking. One option is to give a gift of shares of stock in companies that may produce Valentines Day related products....
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Avery Dennison Beats on Revs - Analyst Blog
Wednesday, February 2, 2011 - 6:31pm | 1263Avery Dennison Corporation (AVY) reported adjusted earnings per share (EPS) of 98 cents in its fourth quarter 2010, matching the Zacks Consensus Estimate of 98 cents. The EPS in the quarter was more than double the adjusted EPS of 44 cents in the prior year quarter. Both the adjusted EPS in the...
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Avery Dennison Beats on Revs - Analyst Blog
Wednesday, February 2, 2011 - 6:06pm | 1263Avery Dennison Corporation (AVY) reported adjusted earnings per share (EPS) of 98 cents in its fourth quarter 2010, matching the Zacks Consensus Estimate of 98 cents. The EPS in the quarter was more than double the adjusted EPS of 44 cents in the prior year quarter. Both the adjusted EPS in the...
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J.P Morgan: Tupperware Delivers Strong Quarterly Results, Raises Guidance
Wednesday, February 2, 2011 - 7:30am | 197Tupperware (NYSE: TUP) delivered a strong Q4 and issued better than expected EPS outlook for 2011. J.P Morgan thinks the company's Q4 sales performance underscores their ability to deliver on their long-term +6-8% target. TUP is one of the few companies in J.P Morgan's coverage universe to deliver...
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CSS Industries Reports Q3 EPS of $1.32 vs. $1.20
Tuesday, February 1, 2011 - 4:08pm | 59CSS Industries, Inc. (NYSE: CSS) announced today the results of operations for the three and nine months ended December 31, 2010. For the quarter ended December 31, 2010, sales decreased 4% to $174,621,000 compared to $182,230,000 in 2009. Net income increased 1% to $12,855,000, or $1.32 per...
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Puts Purchased on Tupperware Brands (TUP)
Friday, January 28, 2011 - 11:35am | 116Shares of Tupperware Brands (NYSE: TUP) are lower on the session by 2.18%, currently trading at $45.86. The stock has been moving largely sideways over the past four months and is currently consolidating between the 50-day and 200-day moving averages. Options traders are buying puts on the name...
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Newell Beats on Higher Production - Analyst Blog
Thursday, January 27, 2011 - 12:01pm | 755Newell Rubbermaid Inc. (NWL), the maker of Sharpie pens and Rubbermaid containers, logged a strong 26.0% growth in fourth quarter 2010 earnings to net 34 cents a share from 27 cents a share in the year-ago quarter. Earnings also outpaced the Zacks Consensus Estimate of 32 cents a share. Including...
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Newell Beats on Higher Production - Analyst Blog
Thursday, January 27, 2011 - 11:45am | 755Newell Rubbermaid Inc. (NWL), the maker of Sharpie pens and Rubbermaid containers, logged a strong 26.0% growth in fourth quarter 2010 earnings to net 34 cents a share from 27 cents a share in the year-ago quarter. Earnings also outpaced the Zacks Consensus Estimate of 32 cents a share. Including...
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Deutsche Bank Maintains Newell Rubbermaid Buy, $20 PT (NWL)
Thursday, January 27, 2011 - 10:01am | 121Deutsche Bank maintained its Newell Rubbermaid (NYSE: NWL) rating of Buy and $20 price target in a research report published today. In the report, Deutsche Bank states, "We believe Newell is in the early stages of a multi-year recovery as macro improves, albeit slowly and company is much better...
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New Home Sales Up, but Still Dismal - Analyst Blog
Wednesday, January 26, 2011 - 1:01pm | 1500New home sales in December rose by 17.5% from November, but only to a dismal rate of 329,000. Relative to a year ago, sales are down 7.6%. While the level was substantially better than the expected rate of 300,000, it is still a very bad level. The eight lowest months on record (back to 1963) for...