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J.P. Morgan Reiterates Neutral Rating on Procter & Gamble (PG)
Tuesday, December 14, 2010 - 9:30am | 128J.P. Morgan is out with a research report this morning, where it reiterates its Neutral rating on Procter & Gamble (NYSE: PG); it has a $73.00 price target on the stock. The JPM analysts said that they expect a positive tone from Procter at their analyst meeting this week, as they highlight...
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Sectors Showing Intraday Weakness 12-13-2010
Monday, December 13, 2010 - 7:13pm | 821Cusick's Corner The market hit resistance late in the day, broke it for a short time but pulled back to breakeven for the day. Now this is just a plateau that at this stage might be a healthy rest in a bigger uptrend. Tech (SMH), Transports and Retail (XRT) all showed intraday weakness. Retail,...
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Traders Look For The Clorox Company To Rebound (CLX)
Monday, December 13, 2010 - 11:42am | 130Shares of The Clorox Company (NYSE: CLX) are higher on the session by 0.16%, currently trading at $62.56. The stock had been moving largely higher over the past five months, but recently came under selling pressure and is now trading below the 50-day and the 200-day moving averages. Options traders...
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Citigroup Expecting Surprises From Procter & Gamble Analyst Day
Monday, December 13, 2010 - 7:36am | 145Citigroup has published a research report on Procter & Gamble (NYSE: PG) in anticipation of the company's Analyst Meeting that will be hosted by CEO Bob McDonald. In the report, Citigroup writes "Strategically, we think PG is pursuing the absolutely correct strategies – focus on innovation and...
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Wall Street Clings to Green
Friday, December 10, 2010 - 2:54pm | 207After dipping into the red earlier, Wall Street posted minor gains Friday afternoon amid strength from consumer discretionary stocks in the wake of consumer sentiment hitting a six-month high. Today's Markets As of 1:30 p.m. ET, the Dow Jones Industrial Average rose 17.25 points, or 0.15%, to...
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Company News For Dec 10, 2010 - Corporate Summary
Friday, December 10, 2010 - 9:33am | 589• China's Petrochemical agreed to purchase Occidental Petroleum's (NYSE: OXY) oil and gas holding in Argentina for $2.45 billion • Community Health (NYSE: CYH) made an offer for Tenet (NYSE: THC) for $3.3 billion, or $6 per share, which the firm declined • Beckman Coulter (NYSE: BEC) is examining...
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Company News For Dec 10, 2010 - Corporate Summary
Friday, December 10, 2010 - 9:15am | 589• China's Petrochemical agreed to purchase Occidental Petroleum's (NYSE: OXY) oil and gas holding in Argentina for $2.45 billion • Community Health (NYSE: CYH) made an offer for Tenet (NYSE: THC) for $3.3 billion, or $6 per share, which the firm declined • Beckman Coulter (NYSE: BEC) is examining...
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Jefferies Gives Nielsen Update
Friday, December 10, 2010 - 8:45am | 245November Nielsens continued soft, with Proctor & Gamble (NYSE: PG) showing growth, while Colgate Palmolive (NYSE: CL), Clorox (NYSE: CLX) and Kimberly Clark (NYSE: KMB) showed further declines. PG is the only company with positive YtD sales growth. Private label remains slightly below 4Q 2009...
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Benzinga's Top Upgrades (BRCM, NVO, ARG, PG)
Friday, December 10, 2010 - 7:45am | 132Broadcom Corporation (NASDAQ: BRCM) was upgraded by Susquehanna from "neutral" to "positive." BRCM's shares closed at $45.91 yesterday. Broadcom's PEG ratio is 1.01. Citigroup upgrade Novo Nordisk A/S (NYSE: NVO) from "hold" to "buy." NVO's shares closed at $103.96 yesterday. Novo Nordisk's...
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Goldman Upgrades PG To Buy
Friday, December 10, 2010 - 6:22am | 51Analysts at Goldman Sachs upgrade Procter & Gamble Company (NYSE: PG) from "neutral" to "buy." The target price for PG has been raised from $71 to $75. PG shares gained 0.38% to close at $62.87 yesterday. More Analyst Ratings here
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Calls Purchased on The Clorox Company (CLX)
Thursday, December 9, 2010 - 3:16pm | 123Shares of The Clorox Company (NYSE: CLX) are lower on the session by 0.37%, currently trading at $62.22. The stock has been moving largely lower over the past two months and is currently trading below the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A...
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Is This Value Stock a One Trick Pony?
Tuesday, December 7, 2010 - 10:25am | 746The hunt for quality small cap stocks can lead investors to some unusual places. Often, to stay on track I'll consider one of Warren Buffett's guiding philosophies. Buffett likes to put his money into the companies that make the items that he's familiar with;...
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Is This Value Stock a One Trick Pony?
Tuesday, December 7, 2010 - 10:25am | 746The hunt for quality small cap stocks can lead investors to some unusual places. Often, to stay on track I'll consider one of Warren Buffett's guiding philosophies. Buffett likes to put his money into the companies that make the items that he's familiar with;...
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Ecolab Hikes Dividend - Analyst Blog
Monday, December 6, 2010 - 12:13pm | 495Leading cleaning and sanitation products company Ecolab Inc (ECL) has raised its quarterly dividend to 17.5 cents from 15.5 cents, representing a 13% growth. This lifts the annual dividend to 70 cents per share from the current payout of 62 cents. The revised quarterly dividend is payable on Jan...
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Ecolab Hikes Dividend - Analyst Blog
Monday, December 6, 2010 - 11:35am | 495Leading cleaning and sanitation products company Ecolab Inc (ECL) has raised its quarterly dividend to 17.5 cents from 15.5 cents, representing a 13% growth. This lifts the annual dividend to 70 cents per share from the current payout of 62 cents. The revised quarterly dividend is payable on Jan...