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Investors Are Turning To Small and Mid Cap ETFs In 2010
Monday, March 15, 2010 - 4:50pm | 1603“An ETF for U.S. small-cap stocks, iShares S&P Small Cap 600 Index Fund (IJR), set a fresh 52-week high on Friday and is trading at levels last seen right around Lehman Brothers filed for bankruptcy in September 2008. Small and mid-sized stocks have outpaced large-cap shares measured by the...
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U.S. Stocks Fluctuate As AIG’s (AIG) $15.5 Billion Unit Sale
Monday, March 8, 2010 - 3:58pm | 160Bloomberg reports that U.S. stock movement was volatile, as financial shares gained following American International Group’s (NYSE: AIG) announced sale of American Life Insurance Co. to MetLife Inc. (NYSE: MET), while FMCG companies like Procter & Gamble Co. (NYSE: PG), and pharma cos like...
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Company News for March 2, 2010 - Corporate Summary
Tuesday, March 2, 2010 - 10:49am | 234• Qualcomm (NASDAQ:QCOM) raised its dividend 12% to 19 cents and announced plans to buy back $3 billion in shares • Fresh Del Monte Produce (NYSE:FDP) beat estimates with fourth quarter earnings of 36 cents a share, two cents above projections, on $872.1 million in revenues, which beat expectations...
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P&G (PG) Looking At Acquisitions To Increase Consumer Spending
Monday, March 1, 2010 - 4:27pm | 107According to Bloomberg, Proctor & Gamble Co. (NYSE: PG) CEO Robert McDonald said that he would be looking at potential acquisitions across all product lines as he aims to raise the average amount customers spend on P&G brands. His goal, which he outlined at an investor conference in...
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Citigroup To Revamp Its Board (C, ATT, XRX, AA, PG)
Friday, February 26, 2010 - 5:47pm | 171Citigroup (NYSE: C) is planning to give a face-lift to its board. The firm will bring down the number of its directors from 17 to 15. Former Mexico President Ernesto Zedillo will join the board at the annual meeting in April. Three Directors will vacate their seats at the same meeting. The...
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Clorox Gets Clean Recommendations (CLX)
Thursday, February 25, 2010 - 10:45pm | 110Clorox is winning accolades from various equity research firms. In a recently released report, RBC Capital Markets confirmed their bullish bias for the stock. According to the research firm, Clorox (CLX) is expected to grow its organic-sales by 3% to 5%. RBC Capital also likes its impressive...
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Kimberly-Clark (KMB) Raises Dividend 10%
Tuesday, February 23, 2010 - 12:57pm | 44Kimberly-Clark Corp. (NYSE: KMB) announced on Tuesday that it has raised its quarterly 10% from 60 cents per share to 66 cents per share. Kimberly-Clark will pay the dividend on April 5 to share to shareholders of record on March 5.
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Cramer Believes Investors Are Overlooking Earnings Reports (HPQ, CHK, PG)
Friday, February 19, 2010 - 9:26am | 206In his “Mad Money” show, Jim Cramer reflected on how several companies have not been rewarded enough by the market, despite reporting impressive earnings. Many companies have reported great earnings recently, yet Cramer thinks the market has hardly reflected this. He gave the example of Hewlett...
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Stop Trading with Jim Cramer
Thursday, February 18, 2010 - 3:47pm | 198Jim started off his Stop Trading segment by saying that there are more bears in the market calling for a correction than there has been in a long time. According to him this is a reason alone to buy. Erin asked how bullish is Jim? Jim answered this by bringing up Procter and Gamble (NYSE: PG)....
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Buffet Reduced Stakes In P&G, J&J To Fund Acquisition (BRK.A, PG, JNJ, COP, GS, GE, BNI)
Wednesday, February 17, 2010 - 4:39pm | 157Warren Buffett’s Berkshire Hathaway, Inc. (NYSE: BRK.A) sold stakes in Procter& Gamble (NYSE: PG), and Johnson & Johnson (NYSE: JNJ) to fund the acquisition of Burlington Northern Santa Fe Corporation (NYSE: BNI). The company also sold 34 % of ConocoPhillips (NYSE: COP) to fund the largest...
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Apple Is The Most Respected Company: Barron’s (AAPL, JNJ, PG, IBM, BRK.A, C)
Monday, February 15, 2010 - 2:41pm | 124Barron’s has released its new list – The World’s Most Respected Companies. The list has Apple (NASDAQ: AAPL) at the top. Among the Top 5 placeholders are Johnson &Johnson (NYSE: JNJ), Procter & Gamble (NYSE: PG), IBM (NYSE: IBM), and Berkshire Hathaway (NYSE: BRK.A). Citigroup (NYSE: C)...
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Company News for February 12, 2010 - Corporate Summary
Friday, February 12, 2010 - 10:14am | 142• Ingersoll Rand (NYSE:IR) posted fourth quarter earnings of 48 cents a share, below Zacks estimates of 53 cents, on inline revenues of $3.3 billion. The company raised its guidance range for 2010 by 20 cents to $2.20 to $2.60 a share • Deutsche Bank (NYSE:DB) upgraded PNC Financial to "buy" from "...
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Clorox (CLX) Initiated With Neutral
Friday, February 12, 2010 - 10:09am | 54Analysts at Credit Suisse initiate coverage of The Clorox Company (NYSE: CLX) with a "neutral" rating. The target price for CLX is set to $65. CLX’s shares fell by 0.20% to close at $60.12 yesterday. Read more about the market
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Colgate-Palmolive (CL) Initiated With Neutral
Friday, February 12, 2010 - 10:09am | 53Analysts at Credit Suisse initiate coverage of Colgate-Palmolive Company (NYSE: CL) with a "neutral" rating. The target price for CL is set to $87. CL’s shares rose by 0.64% to close at $80.33 yesterday. Read more about the market
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Procter & Gamble (PG) Initiated With Outperform
Friday, February 12, 2010 - 10:09am | 55Analysts at Credit Suisse initiate coverage of The Procter & Gamble Company (NYSE: PG) with an "outperform" rating. The target price for PG is set to $74. PG’s shares rose by 0.47% to close at $61.96 yesterday. Read more about the market