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Walmart launches its own movie streaming service powered by Vudu
Tuesday, July 26, 2011 - 11:22am | 630All the way back in February of this year, Walmart acquired Vudu, a company that developed a movie streaming service. Today, Walmart announced that it will be integrating Vudu services onto Walmart.com, allowing customers to watch and stream movies. "Customers can now shop for thousands of digital...
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J.P. Morgan Rates Kimberly-Clark Neutral
Tuesday, July 26, 2011 - 8:06am | 115According to J.P. Morgan, Kimberly-Clark (NYSE: KMB) posted Q211 EPS of $1.18, which was ahead of both the estimate of $1.13 and Bloomberg consensus of $1.14. J.P. Morgan said that the primary driver of upside vs. its forecast came from slightly better than anticipated top line, lower marketing,...
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Ratchet Back The Risk With These ETFs
Monday, July 25, 2011 - 1:00pm | 644Beta, the measure of a portfolio's risk relative to the broader market, can really be a four-letter word in times like these when the folks in Brussels and Washington, D.C. don't seem to have any idea which end is up. And for better or worse, there are plenty of volatile constituents populating...
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Avon Products Earnings Preview: Analyts Expect Higher Earnings, Revenue from Prior Quarter
Monday, July 25, 2011 - 12:49pm | 524Avon Products (NYSE: AVP) unveils its next round of earnings this Thursday, July 28, 2011. Here's Benzinga's advanced look at Avon Products' second quarter earnings report. Earnings and Revenue: Analysts are predicting an EPS reading of 50 cents per share and revenues of $2.89 billion. Avon...
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Earnings Roundup
Monday, July 25, 2011 - 8:09am | 832Baker Hughes Inc (NYSE: BHI) reported a strong rise in its second-quarter net profit. Baker Hughes reported its quarterly net profit at $338 million, or $0.77 per share, up from $93 million, or $0.23 per share, in the year-ago period. Excluding items, the company's earnings came in at $0.93 per...
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Nothing To Sneeze At Here
Monday, July 25, 2011 - 7:35am | 715Dallas, TX.-based Kimberly-Clark (NYSE: KMB) reported second quarter earnings this morning that handily beat Wall Street expectations, despite higher commodity prices for its products. The company reported earnings of $1.18 per share on $5.26 billion in revenues. Wall Street analysts were...
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UPDATE: Kimberly-Clark Reports Better-Than-Expected FQ2 Results
Monday, July 25, 2011 - 7:05am | 86Kimberly-Clark Corp (NYSE: KMB) reported upbeat results for the fiscal second quarter on Monday. Kimberly-Clark's quarterly earnings dropped to $408 million, or $1.03 per share, from $498 million, or $1.20 per share, in the year-earlier period. Its total revenue rose 8% y/y to $5.3 billion....
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News Summary for July 25, 2011
Monday, July 25, 2011 - 6:51am | 610This is your Benzinga news summary and traders' outlook for Monday, July 25, 2011, covering headlines from overnight and Monday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading lower after Congress failed to work out a deal to raise the debt ceiling over...
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US Stock Futures Signal Lower Start On Wall Street
Monday, July 25, 2011 - 4:45am | 385US stock futures are lower this morning, as the nation's debt ceiling talks failed to progress. Futures for the Dow Jones Industrial Average dipped 88 points to 12,533.00 and S&P 500 index futures fell 8.60 points to 1,331.40. Nasdaq 100 futures dropped 12.25 points to 2,415.75. US stocks...
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Earnings Scheduled For July 25
Monday, July 25, 2011 - 3:42am | 459Kimberly Clark Corp (NYSE: KMB) is expected to report its Q2 earnings at $1.15 per share on revenue of $5.13 billion. Broadcom Corp (NASDAQ: BRCM) is estimated to post its Q2 earnings at $0.63 per share on revenue of $1.80 billion. Baker Hughes Incorporated (NYSE: BHI) is expected to report its...
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Earnings Expectations for the Week of July 25
Sunday, July 24, 2011 - 8:40am | 1439The earnings crunch continues this week even as the month of July winds to a close. Quarterly reports of note scheduled for the week include those from Netflix (NASDAQ: NFLX), United Parcel Service (NYSE: UPS), Exxon Mobil (NYSE: XOM), Starbucks (NASDAQ: SBUX), Merck (NYSE: MRK) and Dow Chemical (...
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Earnings Preview: Ecolab EPS, Revenue Expected to Rise from Previous Quarter
Friday, July 22, 2011 - 12:11pm | 567Ecolab (NYSE: ECL) unveils its next round of earnings this Wednesday, July 27, 2011. Here's Benzinga's essential guide to Ecolab's second quarter earnings report. Earnings and Revenue: Based on estimates, investors are readying for a positive EPS reading of 63 cents per share and revenues of...
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Fitch Places Clorox on Rating Watch Negative
Friday, July 22, 2011 - 11:54am | 137Fitch Ratings has placed The Clorox Company's (NYSE: CLX)) ratings on Rating Watch Negative. The action is in response to Icahn Enterprises L.P.'s (Icahn) sweetened $80 per share hostile offer for Clorox, which values the company at approximately $13 billion. In its current proposal Icahn expects...
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Dividend Stock ETFs vs. Dividend Stock Mutual Funds
Thursday, July 21, 2011 - 11:13am | 98When it comes to dividend stock investing for a retirement portfolio, investors have the following three ways: Invest in dividend stocks directly. Invest[...more...] (MCD) (CVX) (SPX) (COP) (PEP) (KO) (UTX) (IBM) (PG) (XOM...
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News Summary for July 20, 2011
Thursday, July 21, 2011 - 6:53am | 701This is your Benzinga news summary and traders' outlook for Thursday, July 21, 2011, covering headlines from overnight and Thursday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading slightly lower as traders wait for several blue-chip companies to report...