Household Products

In a client note released today, Goldman Sachs (NYSE: GS) analysts said that they are maintaining their Neutral rating and price target on shares of Clorox (NYSE: CLX). The company reported earnings this morning prior to the opening bell. The analysts wrote that "we expect a muted stock reaction in...

Clorox (NYSE: CLX) released its quarterly earnings report this morning prior to the opening bell. The company reported net income of $165 million or $1.16 per share versus $153 million or $1.08 per share in the year ago quarter. On an adjusted basis, EPS was $1.23 which exceeded analysts' estimates...

Shares of the consumer products maker, Clorox Co (NYSE: CLX), fell 2.23% at 10:40 am, despite the company announcing better-than-expected results for the March quarter. The Oakland, California-based company reported an 8% increase in its third quarter profits to $165 million or $1.16 a share,...

McKesson Corp (NYSE: MCK) is expected to post an EPS of $1.29 for the fourth quarter. MCK soared 0.48% to $65.12 in after hours trading. Pitney Bowes Inc (NYSE: PBI) is likely to report an EPS of $0.53 for the first quarter. PBI lost 1.74% to close at $25.40 on Friday. Analysts are expecting...

Kimberly-Clark (NYSE: KMB) shares are witnessing insider purchase. According to Barron’s, Kimberly-Clark’s Senior Vice President and Chief Strategy Officer, Christian Brickman, has purchase 9,000 company shares at an average price of $61.47 apiece. The entire deal is worth $555,669. Brickman now...

Analysts at Goldman Sachs maintain their "neutral" rating on Procter & Gamble Company (NYSE: PG). The target price for PG has been reduced from $70 to $68. Procter & Gamble’s Q3 EPS was higher than the estimates and the consensus, while the company’s volume growth and margin expansion were...

Analysts at Citigroup maintain their "buy" rating on Procter & Gamble Co (NYSE: PG). The target price for PG is set to $69. Procter & Gamble reported 7% volume growth in Q3 and indicated that its global market shares expanded on an average of 1 point during the quarter. With the company...

Apple's (NASDAQ: AAPL) Steve Jobs has posted a scathing letter in which he has criticized Adobe's Flash technology(NASDAQ: ADBE). Steve said that the technology has "major technical drawbacks" and mentioned that both companies have "few joint interests." ADBE has drawn fire for the absence of...

Proctor & Gamble (NYSE: PG) posted higher-than-expected quarterly profits, helped by highest volume gain in more than four years. The company, however, forecasted results for the current quarter short of the Wall Street estimates. For the quarter ended March 31, PG reported profits of $2.59...

After Tuesday’s drubbing, stocks rebounded and closed with modest gains as the U.S. Federal Reserve’s two-day policy meeting concluded on expected lines.  The U.S. central bank’s decision to keep interest rates low for “an extended period" gave markets a much-needed boost after Greece and Portugal’...

• Procter & Gamble (NYSE:PG) reported better-than-expected third quarter earnings of 83 cents, topping Zacks estimates of 82 cents but slightly off year-ago earnings of 84 cents. Revenues of $19.2 billion fell short of Zacks estimates of $19.5 billion. Full year guidance was raised at the low...

US stock futures moved marginally up today as investors turn their focus on earnings and Hewlett-Packard’s (NYSE: HPQ) takeover deal with Palm (NASDAQ: PALM). While futures on the S&P 500 gained 5.7 points to 1195.80, those on the Nasdaq 100 added 9 points to 2015.75. Meanwhile, Dow Jones...

Here is the ETF Professor's ETF Watch List for Thursday April 29, 2010. Play Procter & Gamble's (NYSE: PG) earnings with the Consumer Staples SPDR (NYSE: XLP). Take a look at the Energy Select Sector SPDR (NYSE: XLE) on earnings reports from Exxon Mobil (NYSE: XOM) and ConocoPhillips (NYSE: COP...

Equity markets in the U.S. are expected to open higher today. The S&P 500 futures are up by 6.6 points, while the Dow Jones Industrial Average futures are up by 43 points. The Nasdaq 100 futures are up by 8.25 points. Markets are expected to react positively to the Federal Reserve’s pledge to...