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Church & Dwight (CHD) Guidance Disappoints
Tuesday, May 11, 2010 - 7:10am | 115Consumer products producer Church & Dwight Co. Inc. (NYSE: CHD) on Tuesday morning released financial results that were slightly better than Wall Street expectations but the company also released a forecast that was below analyst estimates. Church & Dwight Co. Inc. reported 1st quarter...
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What a Fat Finger Is and What a Fraidy Finger Is
Monday, May 10, 2010 - 9:33pm | 549Much has appeared in the press lately about the fat finger error as the supposed cause the market crash last week, when the Dow dropped almost a thousand points. At the end of the day, the market was down 348, still a lot. So what is a Fat Finger, or Fat Finger Trade, or Fat Finger Error? Fat...
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Bull Market for Skin Trade at South Africa World Cup
Monday, May 10, 2010 - 10:45am | 303There will be around 400,000 visitors to the Soccer World Cup in South Africa, and most of them will be men. It is predicted that 40,000prostitutes will be available. In addition, back in March, South Africa President Jacob Zuma has asked the United Kingdom to supply a billion extra condoms to...
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Barron’s Releases Its 12th Annual Top 500 List (MO, PM, SJM, CL)
Monday, May 10, 2010 - 8:37am | 125The companies that have topped Barron’s 500 List are those who generated healthy sales and ROI in the worst economic crisis since the Great Depression. The companies in Barron’s List are mostly from the industries where there is always a constant demand, including health care, consumer products and...
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Ireland, Indonesia, and USA ETFs Launched by iShares
Monday, May 10, 2010 - 8:35am | 718iShares launched three new single-country ETFs last Friday, May 7, 2010: iShares MSCI Ireland Capped Investable Market Index Fund (EIRL), iShares MSCI Indonesia Investable Market Index Fund (EIDO), and iShares MSCI USA Index Fund (EUSA). EIRL is the only Ireland-focused ETF currently available to...
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Cosmetics, Household & Personal Care Products Group Investing Heavily To Accelerate Volume growth
Friday, May 7, 2010 - 2:46pm | 188Even in the tough environment scenario, the group is still investing heavily in innovation and A&P for boosting volume growth. Volume is the sector is being driven by,” (i) big recovery in EM and (ii) US improving slowly, despite weak trends in Europe and Japan,” Deutsche Bank said. “Cost...
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A Look At Horseman Capital Management's Portfolio
Friday, May 7, 2010 - 1:57pm | 171Horseman Capital Management is a $1.2 billion long/short hedge fund. As of 3/31/2010, the fund was positioned quite defensively in high-quality consumer names. Horseman's largest position was in Proctor & Gamble (NYSE: PG). As of their last filing, the firm owned 448,000 PG shares with a market...
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Cloning 101
Friday, May 7, 2010 - 11:21am | 4642If I have seen further it is by standing on the shoulders of giants. — Sir Isaac Newton Picking stocks is hard. Most academic research has shown that individuals stink at it. Many investors have painfully (re)learned this lesson in 2008 as stock markets collapsed around the globe. That being said...
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World Markets Retreat As Dow Plunges (PG)
Friday, May 7, 2010 - 9:25am | 141Friday saw stock markets around the world pull back as investors were left worried after an unprecedented sell-off on Wall Street that saw the Dow plunge on Thursday. Investors were left surprised when technical glitches in the trading of Procter & Gamble (NYSE: PG) stock led to the Dow...
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Stock Market News for May 7, 2010 - Market News
Friday, May 7, 2010 - 8:45am | 482It was a bad day on the Wall Street Thursday. An apparent trading error exacerbated selloff in U.S. stocks, sending the Dow Jones industrial average to its biggest one day drop ever and leaving traders stone-faced. Although the blue-chip average managed to reclaim about two-thirds of the losses,...
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What Stock Dropped from 41.78 to 4 Cents Today
Friday, May 7, 2010 - 12:26am | 312Today, Thursday, May 6, was a very volatile day, to say the least. Apple Inc. (AAPL) traded down to 199.25. Procter & Gamble Co. (PG) traded as low as 39.37. Do you know what stock opened at 41.78 dropped to 4 cents a share and recovered to 41.09, at least according to Yahoo (YHOO) Finance and...
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Where Were You During the Crash of 2010?
Thursday, May 6, 2010 - 3:54pm | 814With the S&P 500 trading down 3.26% on the session, off 37.94 points, one would think that long stock holders would be heading home with their head hung low—that’s not the case today. If you are a long stock holder, or a short vol trader, or a short Gold/Bond/U.S. Dollar trader you are heading...
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CNBC Reporting That A Bad Print In Proctor & Gamble May Have Caused Acceleration Of Sell Off (PG)
Thursday, May 6, 2010 - 2:18pm | 108CNBC is reporting that a bad print in Proctor & Gamble (NYSE: PG) may have accelerated the downside momentum that entered the market this afternoon. At one point, the Dow Jones Industrial Average was down nearly 1,000 points. Most of the losses have been made back in the last half an hour and...
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Top Dog Stocks
Thursday, May 6, 2010 - 1:25am | 772Dog lovers really love their dogs. They pay $14,000 for dog houses, $3900 for silver dog collars, and designer clothes for dogs. Dog fans have paid handsomely for dogs, as much as $580,000 for a dog. So what are the top dog stock plays, and I'm not talking about the 'dogs of the Dow.' Dogs are big...
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Stock Market News for May 3, 2010 - Market News
Monday, May 3, 2010 - 1:07pm | 445U.S. stocks closed sharply lower on the last trading day of the month after investors decided to pull money out of the market, worried by reports of a criminal investigation against Goldman Sachs. At least two firms, prompted by reports of the criminal probe, cut their ratings on the investment...