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Bond & Equity Markets Realigning 09-27-2010
Monday, September 27, 2010 - 5:31pm | 852Cusick's Corner The market sold off into the close, realigning the Bond and Equity markets today. In previous months this situation held true, “as Bond yields go, so does the market” only to be decoupled this month up until today. The 10 year pulled back hard today, and into the last half hour of...
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Monday's Put/Call Ratio Leaders (IRF, NTRS, HRB, MAR, PG)
Monday, September 27, 2010 - 12:34pm | 138Here is a quick peak at stocks that have abnormally high daily put/call ratios today relative to their average…. 1. International Rectifier Corp. (NYSE: IRF) 3,110 puts, 5 calls 2. Northern Trust Corp. (NASDAQ: NTRS) 3,216 puts, 36 calls 3. H and R Block (NYSE: HRB) 3,214 puts, 71 calls 4. Marriott...
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Credit Suisse Downgrades KMB To Neutral
Friday, September 24, 2010 - 6:28am | 41Analysts at Credit Suisse downgrade Kimberly-Clark Corporation (NYSE: KMB) from "outperform" to "neutral." Shares of KMB dropped 0.42% to close at $66.48 yesterday. More Analyst Ratings here
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New PT For ENR/ATU
Thursday, September 23, 2010 - 9:55am | 34RBC Capital Markets Price Target Changes: Energizer Holdings (NYSE: ENR) From $72 to $77 Actuant Corporation (NYSE: ATU) From $23 to $24
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Clorox to Move Auto Care Unit - Analyst Blog
Thursday, September 23, 2010 - 4:27am | 408Clorox Corporation's (CLX) concerted efforts since May in 2010 to find a buyer for its auto-care unit has finally reached fruition as Avista Capital Partners enters into an agreement to acquire the Global Auto Care business from Clorox for a pay-out of $780 million, subject to regulatory approval...
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Clorox Agrees To Sell Auto-Care Business
Tuesday, September 21, 2010 - 1:13pm | 140Clorox Co (NYSE: CLX) announced on Tuesday that it has agreed to sell its auto-care business for $780 million in cash to Avista Capital Partners. The business unit includes brands such as Armor All and STP. In the latest fiscal year, the unit recorded sales of $300 million. CLX said the sale of the...
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Clorox Announces Sale of Auto Care Business for $780 Million
Tuesday, September 21, 2010 - 7:31am | 79The Clorox Company (NYSE: CLX) today announced it has entered into a definitive agreement to sell its global auto care businesses to an affiliate of Avista Capital Partners in an all-cash transaction with gross proceeds of approximately $780 million subject to closing adjustments related to working...
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Mad Money Lightning Round: Cramer Is Not A Buyer Of Visa (V) (FDX, UPS, ENR, WIN, CTL, FTR, CIM, ISRG, HPQ, V)
Sunday, September 19, 2010 - 11:33am | 388Jim Cramer said on CNBC's Mad Money Lightning Round that FedEx Corporation (NYSE: FDX) and United Parcel Service, Inc. (NYSE: UPS) should be bought, because a recent sell off in these names was an overreaction. FedEx (FDX) fell 0.53%, and UPS dropped 0.06% on Friday. Energizer Holdings, Inc. (NYSE...
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Fast Money Picks For September 20th (MBT, FCX, RGR, CLX, FDX)
Friday, September 17, 2010 - 7:57pm | 205On CNBC's Fast Money, Brian Kelly said that he is bullish on Sturm, Ruger & Company (NYSE: RGR). He believes that Sturm, Ruger & Company (RGR) has good fundamentals, and he also likes its chart. Sturm, Ruger & Company (RGR) jumped 1.38% on Friday. Guy Adami wants to short Freeport-...
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Futures Decline Following Japan's Yen Intervention
Wednesday, September 15, 2010 - 8:37am | 218Stock futures edged lower Wednesday after the Japanese Government intervened regarding the yen overnight - pushing the dollar sharply higher against the yen. As of 8:40 a.m. in New York the Dow Jones Industrial Average futures lost 36 points, or 0.34%, to 10494, the S&P 500 index futures were...
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Kimberly-Clark: Investing in a Dirty Business
Wednesday, September 15, 2010 - 7:15am | 854From the title of this article, you might think that I'm recommending a “sin stock.” While I generally like sin stocks (particularly tobacco stocks) as long-term investments, today's recommendation has nothing to do with vice. It is certainly a dirty industry, however, and one that stands to make...
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Colgate-Palmolive Appears Upbeat To Oppenheimer After Management Meeting
Friday, September 10, 2010 - 9:01am | 96Colgate-Palmolive Company (NYSE: CL) is experiencing reduced growth in markets in Western Europe and the US to the tune of ~100bps, although the markets remain vibrant, reporting growth 3x that of CL's global average, according to Oppenheimer. The promotional environment remains intense, due to...
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Benzinga's Top Downgrades (SKX, FBR, CLX, OMI)
Friday, September 10, 2010 - 6:26am | 152Skechers USA Inc (NYSE: SKX) was downgraded by BB&T from “buy” to “hold.” SKX’s shares closed at $23.02 yesterday. SKX’s earnings are likely to fall by 2.09% this year. BMO Capital downgraded Fibria Celulose SA (NYSE: FBR) from "market perform" to "underperform." FBR’s stocks closed at $17.29...
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Chasing Value: WD-40 -- A Buyout Candidate?
Wednesday, September 8, 2010 - 1:56pm | 133If there ever was a company that could and should be bought out, it's WD-40 (NASDAQ: WDFC). The company has been doing well in these tough times, and guidance is for more of the same. Perhaps that is because almost every household in America probably has a can of WD-40 in the utility closet, garage...
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Unconfirmed rumors that (NWL) - Newell said to have kick-started sale process, hired bankers & looking at least $22-24 per share
Wednesday, September 8, 2010 - 8:43am | 51Unconfirmed rumors that (NWL) - Newell said to have kick-started sale process, hired bankers & looking at least $22-24 per share..Possible buyer (PG)..(NWL) could not be reached for comment..