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Don't Fall For The 'Defensive Portfolio' Hype
Monday, April 18, 2011 - 11:37am | 263As the stock market has stalled and moved sideways since mid-February, with economic and inflationary worries increasing, Wall Street is beginning to put out advice on how to prepare for a potential market correction. The advice has always been the same. You've heard it before. No matter what...
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Central Garden & Pet Company Names Gus Halas President and CEO of Central Operating Companies
Monday, April 18, 2011 - 8:33am | 48Central Garden & Pet Company (NASDAQ: CENT) today announced the appointment of Gus Halas as President and Chief Executive Officer of the Central Operating Companies, effective April 18, 2011. Mr. Halas will report to William E. Brown, Central's Chairman and Chief Executive Officer.
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China Impact of Japan earthquake on China earnings should be limited- Goldman Sachs
Thursday, April 14, 2011 - 1:33am | 641No meaningful changes required to earnings forecasts Over the past week since the earthquake hit northeast Japan, our China research team has been in communication with our coverage universe to assess potential earnings impacts. Based on currently available information, we believe Chinese equity...
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Mad Money Lightning Round: Cramer Advises Investors To Buy Peabody Energy (PG, RTN, ARRS, BTU, TRGL, NG, PAY, CSCO, EMC, MDT, GGC)
Wednesday, April 13, 2011 - 11:56pm | 354On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Procter & Gamble (NYSE: PG) is “at a level that I'm really interested in. You need to buy in at the right level and get out at the right level. I'd pull the trigger." For Raytheon (NYSE: RTN), he said, "I think you wait a...
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Zings Of The Day (PG, UL)
Wednesday, April 13, 2011 - 2:53pm | 117President Barack Obama unveiled his plan today to try to cut $4 trillion from the nations deficit, by cutting entitlement spending and raising taxes on the wealthy. Good thing it wasn't a timely plan, as he was 15 minutes late. I guess being late is the new killing it. Unilever (NYSE: UL) and...
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Catalysts Bulls May Look For
Tuesday, April 12, 2011 - 6:27pm | 731Cusick's Corner Uncertainty -- the market is trading with little conviction and is below the 50-Day Moving Average, which means trading below mid-term support and looking a little uncertain. JPM is reporting earnings tomorrow and they could give a potential boost to the lagging Financials. Tech...
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Cheaper Kindle, Tarnished Reading Experience? (AMZN)
Tuesday, April 12, 2011 - 2:41pm | 561Once upon a time, when consumers paid for entertainment, they only paid once. Believe it or not, we could actually go to the movies, hand over the admission fee, and enjoy a couple hours of commercial-free entertainment. Crazy concept, wouldn't you say? Advertisers would. They jump at the chance...
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Is this a Sell-Off or Consolidation?
Tuesday, April 12, 2011 - 2:37pm | 1036Cusick's Corner As I look at the market and its current state, I turn to those offensive sectors as a gauge of strength -- XLF, XLE, QQQQ, and XLY. Financials and Energy have been lagging the recent run up and now are challenged. It is notable that all four of these sectors are in the red. So...
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US Stock Futures Signal Lower Start On Wall Street; Alcoa Shares Drop In Pre-Market Trading
Tuesday, April 12, 2011 - 5:28am | 385US stock futures are lower this morning, as Alcoa Inc (NYSE: AA) reported disappointing Q1 sales. Japanese government raised its status of the ongoing crisis at the Fukushima Daiichi nuclear power plant to 7. Futures on the Dow Jones Industrial Average dipped 49 points to 12,272.00 and futures on...
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Mike Khouw's The Clorox Company (CLX) Trade
Monday, April 11, 2011 - 7:10pm | 133CNBC Options Action's Mike Khouw suggested on the show that investors should buy protection in The Clorox Company (NYSE: CLX). Specifically, he wants to sell the July 62.50 put in Clorox (CLX) for $0.40, and buy the July 67.50 put for $1.40. He also wants to sell the July 72.50 call for $1.00....
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P&G Declares 9% Quarterly Dividend Increase to $0.525
Monday, April 11, 2011 - 3:32pm | 118The Board of Directors of The Procter & Gamble Company (NYSE: PG) declared an increase in the quarterly dividend from forty-eight point eighteen cents ($0.4818) to fifty two point five cents ($0.525) per share on the Common Stock and on the Series A and Series B ESOP Convertible Class A...
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How iPad Apps Are Transforming Job Search and Recruitment
Monday, April 11, 2011 - 11:37am | 852By Stephanie Taylor Christensen Just one year after the release of the Apple (AAPL) iPad , more than 15 million people are now proud owners of the mobile tablet device. While emailing, web surfing, playing games, and reading e-books top the list of user activities on an iPad based on a survey...
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Procter & Gamble Extends Partnership With inno360 (PG)
Monday, April 11, 2011 - 7:20am | 78Inno360, Inc., a leading online platform for next-generation open innovation, today announced P&G (NYSE: PG) has renewed a multi-year Co-Development partnership with inno360 as a supportive tool for Connect + Develop. inno360 provides a web 2.0 "infostructure" platform consisting of software...
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Procter & Gamble Announces Voluntary Recall Of Ten Clairol Natural Instincts Shades (PG)
Friday, April 8, 2011 - 10:28am | 96The Procter & Gamble Company (NYSE: PG) today announced it is conducting a voluntary recall of ten shades of Clairol Natural Instincts in the United States, Canada and Puerto Rico. The company said it is taking the step due to a mismatched ColorFresh! Revitalizer sachet in the kits that may...
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J.P. Morgan Downgrading Clorox To Neutral
Friday, April 8, 2011 - 7:18am | 148According to J.P. Morgan, Clorox (NYSE: CLX) is downgraded to Neutral. J.P. Morgan reported that it is downgrading CLX to Neutral from Overweight primarily on valuation as it is trading at a mid-single-digit premium to companies such as CL and PG, while historically it has traded at a mid- to high...