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Cincinnati Accountant Wins Barron’s Forecasting Challenge (AAPL, FITB)
Monday, February 8, 2010 - 12:13pm | 116Keith Brosnan, an accountant from Cincinnati, has won the 2009 Barron’s forecasting challenge. Brosnan, 50, considers himself to be a conservative investor and he reads a lot of financial statements. Brosnan bought Apple (NASDAQ: AAPL) in 2001. He also has Procter & Gamble (NYSE: PG) and Fifth...
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Market Round-up (UBS, GOOG¸ AAPL, MOT¸ PG, PFE, MRK, LLY, CVS, WAG)
Friday, February 5, 2010 - 3:08pm | 348UBS (NYSE: UBS), battered by a US tax evasion probe, is set to reorganize its US wealth management unit. In the shakeup, the company can possibly sell PaineWebber, which a company executive calls a "non-core" business. Google (NASDAQ: GOOG) has sold only 80,000 Nexus One phones in its first month...
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Clorox (CLX) CEO Shares Expansion Strategy with CNBC
Friday, February 5, 2010 - 1:00pm | 112Clorox (NYSE: CLX) posted good quarterly results. Don Knauss, its chairman and CEO, shared his insights with CNBC. He expressed his satisfaction over the quarterly numbers and said that the company has significantly improved its margins. According to him, the company added 400 bps to its gross...
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Colgate & UPS provide raises
Thursday, February 4, 2010 - 11:16pm | 507Consumer products firm Colgate Palmolive (CL) has hiked it's dividend by 20%, citing a positive outlook. They have doubled their dividend since 2004. Global shipping firm UPS (UPS) has raised it's dividend by 4.4%. That is their first raise since the end of 2007. UPS expects to earn $2.70 - $3....
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Fast Money Picks For February 5th (SVU, HSY, ANF, CVS, PG)
Thursday, February 4, 2010 - 7:36pm | 180Brian Kelly said on CNBC's Fast Money that he is bullish on US dollar. He added that if you really need to buy stocks tomorrow you can look at SUPERVALU INC. (NYSE: SVU), which dropped 1.97% today. Joe Terranova believes that The Hershey Company (NYSE: HSY) is a buy on Friday. Hershey (HSY) fell 0....
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Recent Pullback Offers Investment Opportunity In ENR
Thursday, February 4, 2010 - 2:03pm | 130Analysts at BOE Research Services upgrade Energizer Holdings Inc (NYSE: ENR) from "hold" to "buy." The upgrade in rating reflects the attractive valuation of Energizer Holdings’s stock due to the recent decline in ENR’s share price. “Its Price/Earning, Price/Sales and Price/Free Cash Flow are all...
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Energizer Holdings, Inc. (ENR) Upgraded To Buy
Thursday, February 4, 2010 - 12:42pm | 158BOE Research Services, Inc. has upgraded Energizer Holdings, Inc. (NYSE: ENR) from Hold to Buy rating. The company reported revenue of $1.17 billion for the first-quarter of FY10, a 12.9% over the first-quarter of FY09. The revenue was mainly driven by strong growth in the company’s Household...
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Stock Market News for February 4, 2010 - Market News
Thursday, February 4, 2010 - 10:49am | 388Stocks lost steam after a two-day advance as a weak report on service industries and a mixed report on labor market worried investors. Lingering sovereign debt concerns and worries related to bank reforms kept traders off the buying table. The blue-chip Dow average, which jumped 230 points in...
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Top 5 Stocks For February 4, 2010 (DNB, TM, CLX, GSK, K)
Thursday, February 4, 2010 - 9:30am | 303Dun & Bradstreet (NYSE: DNB): Analysts expect the credit reporting firm to post earnings of $1.75 per share, when it declares its results for the latest quarter after the bell. DNB had slipped 1.72% to close at $78.95 yesterday. Read more about this company here. Car maker Toyota Motor (NYSE...
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Procter & Gamble (PG) Is A Good Buy
Thursday, January 28, 2010 - 4:10pm | 114Procter & Gamble (NYSE: PG) posted impressive Q2 financial numbers. It surpassed the market estimates and registered an EPS of $1.49. Market estimates were pegged at $1.42. Procter & Gamble also posted the revenue to the tune of $21.03 billion for the quarter. Talking with CNBC, Nik Modi,...
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Procter & Gamble Company (PG) Maintains Buy Rating
Thursday, January 28, 2010 - 2:14pm | 183Analysts at Citigroup Inc. (NYSE: C) have maintained their Buy rating for Procter & Gamble Company (NYSE: PG). Procter & Gamble reported EPS of $1.10 for the second quarter of FY2010 which is well ahead of analysts’ estimate of $0.91. The upside was provided by better than expected sales,...
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CL Beats Q4 Expectations With Strong Unit Volume Growth
Thursday, January 28, 2010 - 1:52pm | 123Analysts at Goldman Sachs maintain their "neutral" rating on Colgate-Palmolive Company (NYSE: CL). Colgate-Palmolive has reported its 4Q09 EPS ahead of the consensus, driven by an acceleration in unit volume growth. CL expects double digit EPS growth in 2010. “We are encouraged by the solid...
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Company News for January 28, 2010 - Corporate Summary
Thursday, January 28, 2010 - 10:28am | 161• Ford (NYSE:F) reported record fourth quarter earnings of 43 cents a share, up from Zacks estimates of 24 cents a share on revenues of $35.4 billion, which bettered Zacks estimates of $30.95 billion. The firm noted 2010 profitability likely • Procter & Gamble (NYSE:PG) reported better-than-...
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Stock Market News for January 28, 2010 - Market News
Thursday, January 28, 2010 - 10:23am | 423U.S. stocks staged a late-session advance, paring earlier losses, after the Federal Reserve decided to keep interest rates near historic lows for an “extended period" and Apple launched its new iPad tablet computer. While the decision to leave interest rates near zero packed few surprises, the...
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Earnings Preview: Procter & Gamble Co. (PG)
Wednesday, January 27, 2010 - 1:16pm | 63Procter & Gamble Co. (NYSE: PG) will announce its prior fiscal quarter’s results on Thursday. The consumer products company is expected to earn $1.43 per share, versus an EPS of $0.94 for the same quarter a year earlier. Procter & Gamble Co. has topped estimates in its last three quarters,...