Household Products

According to Goldman Sachs, the Clorox Company (NYSE: CLX) March 3Q11 EPS of $1.02 was in-line. Goldman Sachs said that updated June FY2011 EPS guidance ($3.85-3.95) and the initial FY2012 outlook ($4.00-4.10) were below expectations. “We cut our FY11/FY12/FY13 forecasts to $3.87/$4.05/$4.74 from...

Gainers (% price change): Libbey Inc. (LBY) produces glass tableware in five countries and sells to over 100 countries is trading at a price of $16.68, a dramatic change of +4.81 (40.52%) from its previous day's close. Currently, the company has a Market capitalization (total value of a company...

Cusick's Corner With the market teetering on a potential short-term pullback and volatility on the move, strategists may want to brush up on in-the-money calendar spreads. If you are short-term bearish and long-term bullish, selling the front month in-the-money option against the longer term long...

Cusick's Corner Defense is in play. The VIX continues higher, 3 up days in a row, Financials (XLF) and Tech (QQQQ) lag and are now well behind Consumer Staples (XLP) and Healthcare (XLV). There's been a rush to Consumer Staples like toothpaste, beverages, soap, and Drugs (not the illegal kind!),...

Shares of Mylan Laboratories Inc (NYS: MYL) fell about 1.6% after the company reported an 8.7% rise in its first-quarter net profit. The company's Q1 net profit came in at $104.2 million, versus $95.9 million, in the year-earlier period. The company's earnings per share increased to $0.23 from $0....

The majority of CEOs would like to become more innovative and develop a stronger vision for the future of their company. According to a recent survey done by the growth partnership company Frost & Sullivan, when 1,200 CEOs were asked about where they felt their company ranked in terms of...

Despite solid organic growth and FX tailwinds, Jefferies is lowering its June F2011E and F2012E for Procter & Gamble (NYSE: PG) as it expects input cost inflation to weigh on margins over the near term, partially offsetting top-line reacceleration. Jefferies expects input cost inflation to...

Clorox Co (NYSE: CLX) released its results for the third-quarter today. The company reported its quarterly profit at $151 million, or $1.09 per share, compared with $165 million, or $1.16 per share, in the year-earlier period. The company's revenue came in at $1.3 billion. The company's earnings...

Clorox (NYSE: CLX) Lowers FY 2011 Revenue Guidance to (0-1%) from 0-1%

UPDATE: Clorox (NYSE: CLX) Guides FY2012 $4.00-4.10, Including $0.18-0.20 in Items, May Not Compare to the $4.41 Estimate

Clorox (NYSE: CLX) Guides FY 2012 EPS $4.18-$4.30 vs. $4.41 Estimate

Clorox (NYSE: CLX) Guides FY 2011 EPS $3.85-$3.95 vs. $3.94 Estimate

Clorox (NYSE: CLX) Reports Q3 EPS of $1.03 vs. $1.04 Estimate; Revenues $1.3B vs. $1.32B Estimate

US stock futures are lower this morning, as investors are awaiting earnings from Pfizer Inc (NYSE: PFE) and report on factory orders. Futures on the Dow Jones Industrial Average dipped 40 points to 12,724.00 and futures on the S&P 500 stock index fell 5.20 points to 1,352.50. Nasdaq 100 futures...

Legg Mason Inc (NYSE: LM) is expected to report its Q4 EPS at $0.45 on revenue of $712.27 million. Mastercard Incorporated (NYSE: MA) is projected to report its Q1 EPS at $4.10 on revenue of $1.46 billion. Las Vegas Sands Corp (NYSE: LVS) is expected to report its Q1 EPS at $0.44 on revenue of...