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Stocks To Watch For August 5
Friday, August 5, 2011 - 1:49am | 250Some of the stocks that may grab investor focus today are: Wall Street expect Viacom Inc (NYSE: VIA) to report its FQ3 EPS at $0.86 on revenue of $3.52 billion. Viacom shares dropped 0.43% to $51.24 in after-hours trading. Priceline.com (NASDAQ: PCLN) reported its Q2 profit at $256.4 million, or...
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Colgate-Palmolive (CL): Brushing Up on a Defensive Play
Thursday, August 4, 2011 - 8:50am | 301By: Dan Passarelli Jill and Scott review the fundamentals and technicals in the consumer staples space and call out a trade in Colgate-Palmolive(CL) in the video below. Here is a smartly structured options trade for a trader who is looking to for strength in a declining market. This year CL has...
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Earnings Roundup
Thursday, August 4, 2011 - 7:58am | 1365General Motors Co (NYSE: GM) reported a strong rise in its second-quarter earnings. GM reported its quarterly earnings at $2.5 billion, or $1.54 per share, up from $1.3 billion, or $0.85 per share, in the year-earlier period. Its revenue surged to $39.4 billion from $33.2 billion. However, analysts...
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Bank Of America Slightly Raises Estimates On Clorox
Thursday, August 4, 2011 - 7:41am | 87According to Bank of America, Clorox (NYSE: CLX) FY12 estimates are raised. Bank of America said that it is raising its all-in FY12 EPS est to $4.08 from $4.04, based on seemingly a greater degree of flexibility given the reduction to the commodity outlook in the range of 10c per share. “We have...
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UPDATE: Church & Dwight Reports 11% Surge In Q2 Earnings
Thursday, August 4, 2011 - 7:17am | 63Church & Dwight Co Inc (NYSE: CHD) reported an 11% surge in its second-quarter earnings. Church & Dwight reported its quarterly profit at $82.6 million, or $0.57 per share, up from $74.3 million, or $0.51 per share, in the year-ago period. However, analysts were expecting earnings of $0.56...
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Clorox Cleans Up, But Will The Shine Last?
Wednesday, August 3, 2011 - 1:30pm | 712The Clorox Company (NYSE: CLX) reported earnings this morning that were solidly higher than what Wall Street was expecting, but the real news is what is Carl Ichan going to do with the company? The Oakland-based company reported fourth quarter earnings of $1.26 per share on $1.48 billion in...
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J.P. Morgan Maintains Neutral on Procter & Gamble
Wednesday, August 3, 2011 - 8:05am | 137J.P. Morgan is out with its report today on Procter & Gamble (NYSE: PG), maintaining Neutral. In its report, J.P. Morgan writes, "Procter is set to report FQ4 results on Friday, August 5. We think that FY12 guidance, which the company will issue for the first time, will be the major focal...
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Earnings Roundup
Wednesday, August 3, 2011 - 8:05am | 1603MasterCard Inc (NYSE: MA) reported a 33% rise in its second-quarter profit. MasterCard reported its quarterly profit at $608 million, or $4.76 per share, up from $458 million, or $3.49 per share, in the year-earlier period. However, analysts were expecting earnings of $4.22 per share. Its net...
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UPDATE: Clorox Reports Decline In FQ4 Profit
Wednesday, August 3, 2011 - 8:03am | 64Clorox Co (NYSE: CLX) posted a 1% drop in its FQ4 net income on Wednesday. Clorox reported its quarterly earnings at $169 million, or $1.26 per share, down from $171 million, or $1.20 per share, in the year-ago period. Its sales climbed 3.7% to $1.48 billion. However, analysts were expecting...
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Benzinga's Top Pre-Market Losers
Wednesday, August 3, 2011 - 7:03am | 123Garmin Ltd (NASDAQ: GRMN) dipped 12.56% to $27.57 in the pre-market session. GRMN reported downbeat Q2 profit. Ford Motor Company (NYSE: F) lost 0.34% to $11.81 in the pre-market session. Ford shares have dropped 8.21% over the past 52 weeks, while the S&P 500 index has gained 11.92% in the...
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Hedge Fund Manager Barton Biggs: Buy Stocks Aggressively
Wednesday, August 3, 2011 - 6:25am | 65Says it's time to buy when people are panicking. His picks include Caterpillar (NYSE: CAT), Deere (NYSE: DE), Proctor & Gamble (NYSE: PG) and Coca-Cola (NYSE: KO). Biggs made those comments appearing on Bloomberg.
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US Stock Futures Up; Economic Data, Earnings In Focus
Wednesday, August 3, 2011 - 5:53am | 495US stock futures are higher this morning, as investors are economic data and earnings from major companies. Futures for the Dow Jones Industrial Average surged 50 points to 11,854.00 and S&P 500 index futures rose 6.30 points to 1,253.60. Nasdaq 100 futures gained 9.00 points to 2,297.25. US...
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US Stock Futures Up; Economic Data, Earnings In Focus
Wednesday, August 3, 2011 - 5:40am | 495US stock futures are higher this morning, as investors are economic data and earnings from major companies. Futures for the Dow Jones Industrial Average surged 50 points to 11,854.00 and S&P 500 index futures rose 6.30 points to 1,253.60. Nasdaq 100 futures gained 9.00 points to 2,297.25. US...
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Earnings Scheduled For August 3
Wednesday, August 3, 2011 - 2:58am | 502Owens Corning Inc (NYSE: OC) is expected to report its Q2 EPS at $0.57 on revenue of $1.38 billion. Time Warner Inc (NYSE: TWX) is estimated to report its Q2 earnings at $0.56 per share on revenue of $6.81 billion. Comcast Corporation (NASDAQ: CMCSA) is projected to report its Q2 EPS at $0.41 on...
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Stocks To Watch For August 3
Wednesday, August 3, 2011 - 2:13am | 259Some of the stocks that may grab investor focus today are: Wall Street expects Mastercard Incorporated (NYSE: MA) to report its Q2 EPS at $4.22 on revenue of $1.55 billion. Mastercard shares gained 0.27% to $299.30 in after-hours trading. CBS Corp (NYSE: CBS) reported its Q2 profit at $395...