Personal Products

At 11:26 am, the Dow lost 2.18% to 9,917.39, the broader Standard & Poor's 500 index moved down 2.40% to 1,048.75 and the NASDAQ composite index fell 2.68% to 2,161.14. The industries that faired the best today are: Auto Parts Stores: This industry lost 0.55% by 11:26 am. The stock that...

Shares of Avon Products Inc. (NYSE: AVP) are lower on the session by 2.52%, currently trading at $27.08. The stock has been trading largely lower over the past two months and is now trading in a technical downtrend. Options trading is favoring the put side today. The July $25.00 put was purchased...

By 12:02 pm, the Dow Jones Industrial Average was down 35.14 points, or 0.34%, to 10,258.38, while the broader Standard & Poor's 500 index had lost 6.94 points, or 0.63%. The NASDAQ composite index had climbed 14.24 points, or 0.63%. Some of the narrow based indexes that are driving the market...

Cusick’s Corner The market continued to pull back into the After Hours but was able to hold key support, SPX 1110. While the Yuan news was a potentially nice boost for market sectors that we mentioned in the Midday, it only incited the Deflationary or Disinflation camps who believe that this is...

Shares of Medifast Inc. (NYSE: MED) are lower on the session by 1.94%, currently trading at $27.87. The stock has been a relative outperformer as of late, but is now struggling to hold the 50-day moving average. Options traders are picking up some calls today. The July $35 strike was purchased, on...

Jefferies & Co. is out with an analyst note this morning, where they reiterate their Buy rating on shares of Avon Products (NYSE: AVP); they have a $43.00 price target on the stock. Jefferies said, “We believe the recent currency devaluation in Venezuela will be about a -$0.07 per share drag...

If we are supposed to be on the verge of a bear market, someone forgot to mention it to the deal makers as we once again saw seven new mergers announcements last week. We have had seven new mergers announced in three out of the four last weeks. You can use our new Merger Arbitrage Tool to view the...

According to the sales data announced by the US Census Bureau today, the April month’s combined value of distributive trade sales and manufacturers’ shipments, adjusted for seasonal and trading-day differences but not for price changes, stood at $1,100.9 billion. The April sales figure is higher 0....

Shares of Estee Lauder Co. (NYSE: EL) are lower on the session by 6.05%, currently trading $55.91. The stock has been drifting lower for the past five weeks and traders don’t see the slide abating anytime soon. Put volume is rising in the name and is now at over 3.05x the daily average with 75% of...

Novartis (NVS) provided encouraging data on Afinitor (everolimus) from a Phase III trial conducted in patients with advanced pancreatic neuroendocrine tumors (NET). It was observed that the combination of Afinitor and best supportive care met the primary endpoint by extending the time period...

Nu Skin Enterprises (NYSE: NUS) has commenced an underwritten secondary public offering of 4.46 million shares of its Class A common stock. The shares are being sold by three of the company's founders who currently serve as members of the board of directors. The company also announced an increase...

Analysts Douglas Lane and Per Ostlund at Jefferies & Company Inc. have released an update on the Consumer Products industry. Analysts’ Coverage Group in the Consumer Products sector fell 8.4% in the month of May. This the second decline the group has seen in the last fifteen months. However,...

Community Partners Bancorp (NASDAQ: CPBC) crossed its earlier 52-week high of $4.89 and created a new 52-week high of $5. Middletown, New Jersey-based CPBC is the holding company for Two River Community Bank and The Town Bank. Impax Laboratories Inc (NASDAQ: IPXL) was another stock that made a new...

NBTY (NYSE: NTY), the maker of nutritional supplements, was reiterated as "neutral" with a $42 price target by JPMorgan Chase. Third- and fourth-quarter and full-year 2010 earnings estimates were by JPMorgan to 81 cents, 85 cents $3.57 a share from 93 cents, 99 cents and $3.98 a share. JPMorgan...