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1280 New Support 06-14-2011
Tuesday, June 14, 2011 - 1:57pm | 1045Cusick's Corner The market has bounced with some conviction on news that Japan is printing money, there were better than expected Retail Sales & PPI dropped. Copper, JJC, was a real winner on the Japan news, and equities squeezed the shorts on the news that Commodity pricing is pulling back,...
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Deutsche Bank Comments on Global Consumer Conference Presenter Procter & Gamble
Monday, June 13, 2011 - 6:41am | 87Deutsche Bank is commenting on its global consumer conference, for which Procter & Gamble (NYSE: PG) is one of the presenters. “Key topics of discussion include an early read on consumer acceptance as pricing begins to flow through; the outlook for commodity costs across the group; promotional...
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J.P. Morgan Maintains Overweight on Energizer Holdings
Friday, June 10, 2011 - 6:31am | 143J.P. Morgan is out with its report today on Energizer Holdings (NYSE: ENR), maintaining Overweight. In a note to clients, J.P. Morgan writes, "We had a relatively upbeat meeting with Energizer management earlier this week, and came away thinking that ENR is an attractive name in a group where we...
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Central Garden & Pet Company Amends and Extends Its Revolving Credit Facility
Thursday, June 9, 2011 - 8:03am | 171Central Garden & Pet Company (NASDAQ: CENT) (NASDAQ: CENTA) today announced the amendment of its $275 million five-year senior secured revolving credit facility effective June 8, 2011. Under the modified terms, the Credit Facility has a borrowing capacity of $375 million, an increase of $100...
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Strongest Consumer Goods Stocks Right Now
Wednesday, June 8, 2011 - 12:23pm | 2021) Lorillard (NYSE: LO): Currently trading up 2.2% from yesterday's close to $99.33. The stock has lost 14.8% over the past seven trading sessions. 2) Hormel Foods (NYSE: HRL): Currently trading up 1.5% from yesterday's close to $28.83. The stock has lost 1.7% over the past seven trading sessions...
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Benzinga's Top Upgrades
Wednesday, June 8, 2011 - 7:14am | 134Ticonderoga upgraded Franklin Resources Inc (NYSE: BEN) from “neutral” to “buy.” BEN's shares closed at $122.47 yesterday. Franklin Resources' trailing-twelve-month operating margin is 35.02%. Analysts at Morgan Stanley upgraded Clorox Company (NYSE: CLX) from “underweight” to “equal-weight.”...
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Morgan Stanely Upgrades Clorox To Equal-Weight, $63 PT
Wednesday, June 8, 2011 - 5:23am | 24Morgan Stanley has upgraded Clorox (NYSE: CLX) from Underweight to Equal-Weight and maintains its $63 price target.
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Fast Money Picks For June 7th (TWM, WYNN, KKR, CHD, TLT, PEP)
Monday, June 6, 2011 - 7:04pm | 337On CNBC's Fast Money, Stephen Weiss said that he wants to take a short position in ProShares UltraShort Russell2000 (ETF) (NYSE: TWM). He believes that the market will continue to trade lower, and the small cap stocks will lead the way. ProShares UltraShort Russell2000 (ETF) (TWM) gained 3.14%...
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Deutsche Bank Sees 10% Upside In Procter & Gamble
Monday, June 6, 2011 - 6:43am | 114Deutsche Bank has a Buy rating and a $72 price target on shares of Procter & Gamble (NYSE: PG). In a note to clients, Deutsche Bank writes, "Growth in US and Europe remains tepid, with mix shift to faster growing but lower gross margin developing regions persisting, a dynamic that is partially...
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Top 4 NYSE Stocks In The Personal Products Industry With The Highest Dividend Yield
Sunday, June 5, 2011 - 11:56pm | 120Below are the top personal products stocks on the NYSE in terms of dividend yield. Kimberly-Clark Corporation (NYSE: KMB) has a dividend yield of 4.20%. KMB's shares closed at $66.02 on Friday. Procter & Gamble Company (The) (NYSE: PG) has a dividend yield of 3.20%. PG's shares closed at $65....
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Stocks Get Boost From Greece Bailout Talk
Tuesday, May 31, 2011 - 1:15pm | 124(TheStreet) -- Stocks were higher Tuesday on hopes that European officials may approve a new aid package for Greece, but gains were tempered by disappointing domestic economic data. The Dow Jones Industrial Average was up by 53 points, or 0.4%, at 12,494 after surging to as high as 12,574 early in...
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Stocks Going Ex Dividend the Second Week of June
Monday, May 30, 2011 - 3:33pm | 751Here is our latest update on the stock trading technique called 'Buying Dividends'. This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only...
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P&G Files Lawsuit Against Mouthwash Manufacturer Vi-Jon
Friday, May 27, 2011 - 12:49pm | 127The Procter & Gamble Company (NYSE: PG) filed today a lawsuit against Vi-Jon, Inc., a private-label manufacturer and distributor of mouthwash, in the U.S. District Court for the Southern District of Ohio. The lawsuit alleges that Vi-Jon, Inc. is violating P&G's intellectual property by...
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Erez Kalir: U.S. Is On Its Way To 'Economic Death'
Thursday, May 26, 2011 - 9:54am | 548Erez Kalir of Sabretooth Capital spoke at the Ira Sohn Conference yesterday, and said that the U.S. is headed towards "economic death", and also gave some ideas that were of the more cheery variety. He said that MBIA (NYSE: MBI) a few years ago had economic death written all over it, as the equity...
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S&P Bullish On Select Staples ETFs
Tuesday, May 24, 2011 - 12:17pm | 422In a market environment such as the current one, themes such as “holding up relatively well” and “less bad” are themes worth embracing and those are tags that can be applied to the ultra-defensive consumer staples sector. Home to what many investors view as boring stocks, but also home to some...