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Fortune Brands Announces Tender Offers Using up to $1 Billion of Golf Sale Proceeds to Repurchase Outstanding Public Debt
Thursday, July 28, 2011 - 7:12am | 83In connection with its proposed plan to separate its businesses, Fortune Brands, Inc. (NYSE: FO) today announced the details of its initiative to reduce debt and further strengthen the capital structures of its Beam and Home & Security businesses. The tender offers for outstanding notes,...
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Stocks to Watch for Thursday 7/28/2011: Fresh 52 Week Highs and Lows
Thursday, July 28, 2011 - 1:37am | 3403Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels and entry/exit points become more clearly defined. The following stocks hit new 52-week highs in Wednesday's trading session (listed from highest total volume to...
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Calls Purchased on Newell Rubbermaid
Wednesday, July 27, 2011 - 9:22am | 109Shares of Newell Rubbermaid (NYSE: NWL) are lower on the session by 2.15%, currently trading at $14.77. The stock has been moving largely lower over the past three months and is currently trading below the 200-day moving average. Options traders are buying calls on the name today. A short while...
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Earnings Roundup
Wednesday, July 27, 2011 - 7:43am | 1811Boeing Co (NYSE: BA) reported a 20% rise in its second-quarter profit. Boeing's quarterly profit surged to $941 million, or $1.25 per share, from $787 million, or $1.06 per share, in the year-earlier period. Its revenue gained 6% y/y to $16.54 billion from $15.57 billion. However, analysts were...
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UPDATE: Tupperware Reports Rise In Q2 Profit
Wednesday, July 27, 2011 - 6:19am | 91Tupperware Brands Corp (NYSE: TUP) reported a rise in its second-quarter profit. Tupperware Brands reported its quarterly profit at $65.1 million, or $1.03 per share, up from $57.9 million, or $0.90 per share, in the year-earlier period. Tupperware's adjusted net income came in at $1.25 per share...
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Earnings Scheduled For July 27
Wednesday, July 27, 2011 - 3:43am | 515Symantec Corporation (NASDAQ: SYMC) is expected to report its Q1 EPS at $0.37 on revenue of $1.59 billion. Corning Incorporated (NYSE: GLW) is projected to report its Q2 EPS at $0.47 on revenue of $1.96 billion. Visa Inc (NYSE: V) is projected to report its FQ3 EPS at $1.23 on revenue of $2.30...
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Puts Purchased on Jarden
Tuesday, July 26, 2011 - 1:56pm | 129Shares of Jarden (NYSE: JAH) are lower on the session by 2.05%, currently trading at $33.00. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are buying puts on the name today. A short while ago the August...
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JP Morgan Reiterates Overweight and PT of $80 on Tupperware Brands
Monday, July 25, 2011 - 7:12am | 48JP Morgan reiterated its Overweight rating on Tupperware Brands (NYSE: TUP). At the same time, the rating agency left its price target on the company's stock unchanged at $80. On Friday, TUP added 1.16% to its value to end the day at $70.81.
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Earnings Expectations for the Week of July 25
Sunday, July 24, 2011 - 8:40am | 1439The earnings crunch continues this week even as the month of July winds to a close. Quarterly reports of note scheduled for the week include those from Netflix (NASDAQ: NFLX), United Parcel Service (NYSE: UPS), Exxon Mobil (NYSE: XOM), Starbucks (NASDAQ: SBUX), Merck (NYSE: MRK) and Dow Chemical (...
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Jefferies Provides Color on Consumer Goods
Thursday, July 21, 2011 - 6:23am | 161Jefferies provided color on the consumer goods sector. In a research report published today, Jefferies stressed the possibility of an upside in Q2 earnings for a number of companies operating in the sector due to strong business momentum and generally conservative outlooks. In the report,...
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Top 4 Small-Cap Stocks In The Personal Products Industry With The Highest Operating Margin
Thursday, July 21, 2011 - 1:52am | 130Below are the top small-cap personal products stocks on the NYSE and the NASDAQ in terms of operating margin. The trailing-twelve-month operating margin at Revlon Inc (NYSE: REV) is 14.74%. REV's revenue for the same period is $1.35 billion. The trailing-twelve-month operating margin at Inter...
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5 Names For The Open
Friday, July 15, 2011 - 1:50pm | 332It's the middle of July and that can only mean one thing: The Open Championship in Europe. As the oldest major tournament hits its second day, golf fans are looking to Sandwich, England to see the likes of Phil Mickelson, Ernie Els, and others to see how they handle the Royal & Ancient golf...
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July 14th: Top Performing Small Cap Stocks (UFPI, BTH, UTEK, GLUU, JAZZ)
Friday, July 15, 2011 - 9:38am | 456The stock market has remained in a holding pattern all week, as traders wait to see what kind of a compromise Congress and the White House can reach over federal spending as the August 2nd deadline looms large. While the major small cap stock indexes don't show it, there were plenty of big moves...
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July 14th: Top Performing Small Cap Stocks (UFPI, BTH, UTEK, GLUU, JAZZ)
Friday, July 15, 2011 - 9:38am | 456The stock market has remained in a holding pattern all week, as traders wait to see what kind of a compromise Congress and the White House can reach over federal spending as the August 2nd deadline looms large. While the major small cap stock indexes don't show it, there were plenty of big moves...
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Top 4 Stocks In The Office Supplies Industry With The Highest ROA
Friday, July 15, 2011 - 2:58am | 139Below are the top office supplies stocks on the NYSE, the NASDAQ and the AMEX in terms of return on equity. The trailing-twelve-month return on assets at Ennis Inc (NYSE: EBF) is 9.24%. EBF's operating margin for the same period is 12.44%. The trailing-twelve-month return on assets at Acco Brands...