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Colgate Announces 9% Dividend Increase to $0.58
Thursday, February 24, 2011 - 2:08pm | 96Reflecting the Company's positive outlook, the Board of Directors of Colgate-Palmolive Company (NYSE: CL) today increased the ongoing quarterly common stock cash dividend by 9%. The increase will be effective as of the second quarter, 2011. The new rate of $.58 per share is up from $.53. The Board...
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Doug Kass Going "All In" On Clorox (CLX)
Wednesday, February 23, 2011 - 3:32pm | 45Doug Kass tweeted that he is going "all in" on shares of The Clorox Company (NYSE: CLX). At last check, shares of Clorox were trading at $67.49, down 47 cents or 0.69%.
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Why Unilever Could Bid for Colgate and Why Now
Wednesday, February 23, 2011 - 2:56pm | 157Unilever (NYSE: UL) aims to double its revenue within a decade, and Colgate-Palmolive (NYSE: CL) might help it get there. Under current CEO, Paul Polman, the consumer giant has been on an acquisition spree with the recent acquisitions of Sara Lee's European shower gel and detergents business and of...
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Wells Fargo Raises CHD Valuation Range From $73-78 to $75-78
Wednesday, February 23, 2011 - 9:43am | 32Wells Fargo has raised its valuation range on Church & Dwight Co., Inc. (NYSE: CHD) from $73-78 to $75-78. Church & Dwight Co. closed Tuesday at $73.70.
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Options Brief: The Clorox Company (CLX)
Tuesday, February 22, 2011 - 11:23am | 80Shares of The Clorox Company (NYSE: CLX) are lower on the session by 0.19%, trading at $68.02. Overall call volume is now running at 2.20x the daily average, with 55% of all calls traded being purchases on the offer. 4,576 contracts have traded on the session so far. The Clorox Company is a...
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Gabelli Rates Energizer At Buy (ENR)
Friday, February 18, 2011 - 9:06am | 145Gabelli & Co. has a Buy rating on shares of Energizer Holdings, Inc. (NYSE: ENR). In a note to investors, Gabelli writes, "This is an investment year, as Energizer is increasing marketing behind the introduction of its new shaving system, Hydro and spending on new technology and market...
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Goldman Says Buy Procter & Gamble (PG)
Wednesday, February 16, 2011 - 7:55am | 111Goldman Sachs is out with a research note saying to buy The Procter & Gamble Company (NYSE: PG). It has a Buy rating on shares. In the research note, Goldman writes, "Buy P&G as under-appreciated EM stock. We expect P&G to generate EM sales growth that outpaces peers. The company has...
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Doug Kass Going Long Clorox (CLX)
Tuesday, February 15, 2011 - 3:06pm | 51Doug Kass tweeted that he is going long Clorox (NYSE: CLX) at $66.70, as it's down $5 from Friday, when Carl Icahn disclosed he had a stake in the company. Kass is a contributor to TheStreet.com.
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Puts Purchased on The Clorox Company (CLX)
Tuesday, February 15, 2011 - 11:09am | 123Shares of The Clorox Company (NYSE: CLX) are higher on the session by 1.09%, currently trading at $67.58. The stock has been moving largely higher over the past three months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying puts on the name today. A...
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Citi Maintains Clorox Hold (CLX)
Monday, February 14, 2011 - 9:15am | 113Citi maintained its Clorox (NYSE: CLX) Hold in a research report published today. In the report, Citi states, "On Friday afternoon, Carl Icahn reported that he had secured a 9% stake in CLX through a combination of stock and options. Press reports suggest that he considers CLX to be an undervalued...
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Carl Icahn Discloses 9% Stake In Clorox
Monday, February 14, 2011 - 9:12am | 146JP Morgan has published a research report on The Clorox Company (NYSE: CLX) after investor Carl Icahn disclosed on Friday his current stake in the company, which accounts for around ~9% of the company, or 12.5 million shares. In the report, JP Morgan writes "Mr. Icahn's filing says that he likes...
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UBS Downgrades CLX To Neutral
Monday, February 14, 2011 - 6:36am | 48Analysts at UBS downgrade Clorox Company (NYSE: CLX) from “buy” to “neutral.” The target price for CLX is set to $72. CLX shares gained 7.56% to close at $71.26 on Friday. More Analyst Ratings here
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Stocks To Watch For February 14 (MAR, PG, EBAY, MGM, JWN, A)
Monday, February 14, 2011 - 12:43am | 232Some of the stocks that may grab investor focus today are: Wall Street expects Marriott International Inc (NYSE: MAR) to report its Q4 EPS at $0.36 on revenue of $3.59 billion. MAR shares dropped 0.08% to $41.18 in after-hours trading. Procter & Gamble Co (NYSE: PG) named Meg Whitman, ex-CEO of...
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Clorox Pops 4% On Carl Icahn Stake In 13D Filing: 9.08% (CLX)
Friday, February 11, 2011 - 3:01pm | 19Clorox (NYSE: CLX) Pops 4% On Carl Icahn 9.08% Stake In 13D Filing.
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Eyes Were On Egypt 02-10-2011
Thursday, February 10, 2011 - 7:01pm | 858Cusick's Corner The market bounced on Egyptian President Mubarak's news conference where he vowed to step down in September. The Egypt ETF, EGPT, also bounced but we will have to see what happens if the crowds at Tahrir Square do not orderly dissipate. This news was expected -- Mubarak already...