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Market Update – Boeing (NYSE:BA), Citigroup (NYSE:C), Palm (NASDAQ:PALM), Wells Fargo (NYSE:WFC)
Friday, March 19, 2010 - 9:16am | 967The concerns over the Greece debt situation are having an effect on the Euro’s trading price. The EU’s currency is having its worst week since January of this year. Investors have reacted conservatively after news that the Balkan state seems likely to seek a bailout from either the Eurozone or...
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Stifel Nicolaus Likes Hansen Natural Corp. (NASDAQ:HANS)
Friday, March 19, 2010 - 9:10am | 172Analysts from Stifel Nicolaus think that Hansen Natural Corporation (NASDAQ: HANS) "has a robust outlook for revenue growth, led by continued U.S. share gains and international expansion, and strong free cash flow generation." Analysts think that while this is an attractive stock on its own, but...
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Coca-Cola In Talks To Buy Russian Juice Company (KO, PEP)
Thursday, March 18, 2010 - 3:52pm | 148Coca-Cola Co. (NYSE: KO) is looking to acquire a major stake in Nidon Soki, a Russian fruit juice company. Nidon Soki is the fourth largest juice company in Russia. Coke (KO) has submitted an application to the Russian anti-monopoly agency for approval. The soft-drink giant is planning to buy a 75...
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Own The Same Companies As Warren Buffett (KO, WFC, AXP)
Thursday, March 18, 2010 - 3:01pm | 141Are you interested in investing in the same companies as Warren Buffett? The Oracle of Omaha has a penchant for value stocks which have a wide competitive moat and world class management teams. Buffett advocates buying stocks who are trading at a significant discount relative to the intrinsic value...
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Bank on Texas with Texas Capital Bancshares (NASDAQ:TCBI)
Thursday, March 18, 2010 - 12:38pm | 1002The black cloud hanging over the financial services sector for much of the past two years is beginning to evaporate. Financial stocks rallied recently, and wise investors are giving the sector a fresh look. We’ve discussed the financial sector at length, noting that successful stock-picking...
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Bank on Texas with Texas Capital Bancshares (NASDAQ:TCBI)
Thursday, March 18, 2010 - 12:38pm | 1002The black cloud hanging over the financial services sector for much of the past two years is beginning to evaporate. Financial stocks rallied recently, and wise investors are giving the sector a fresh look. We’ve discussed the financial sector at length, noting that successful stock-picking...
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Market Updates – Microsoft (NASDAQ:MSFT), Citigroup (NYSE:C), General Electric (NYSE:GE), Goldman Sachs Group (NYSE:GS)
Thursday, March 18, 2010 - 12:30pm | 921The Labor Department announced that consumer prices have remained unchanged through February, indicating that consumers aren’t anticipating inflation despite the zero interest rate that has been set by the Fed and the expanding economy. With the Fed’s most recent announcement that interest rates...
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Market Updates – Microsoft (NASDAQ:MSFT), Citigroup (NYSE:C), General Electric (NYSE:GE), Goldman Sachs Group (NYSE:GS)
Thursday, March 18, 2010 - 12:30pm | 921The Labor Department announced that consumer prices have remained unchanged through February, indicating that consumers aren’t anticipating inflation despite the zero interest rate that has been set by the Fed and the expanding economy. With the Fed’s most recent announcement that interest rates...
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Top 5 NYSE Stocks In The Consumer Goods Sector With The Highest Net Income (PG, MO, KO, PEP, ADM)
Tuesday, March 16, 2010 - 9:09am | 265Below are the top consumer goods stocks on the NYSE in terms of net income. Procter & Gamble Company (NYSE: PG) had $11.33 billion in net income in the latest quarter. PG’s trailing-twelve-month revenues amount to $79.12 billion. Read more about this company here. Altria Group Inc (NYSE: MO)...
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PepsiCo’s (PEP) Richard Goodman To Step Down From CFO Position At The End Of This Month
Tuesday, March 16, 2010 - 9:05am | 140The Wall Street Journal reports that PepsiCo, Inc.’s (NYSE: PEP) CFO, Richard Goodman, will step down from his position at the end of this month. Goodman, 62, will continue to remain with the company as executive vice president for business information systems, global procurement, global operations...
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Time To Drink Up This Food And Beverage ETF?
Tuesday, March 16, 2010 - 3:01am | 261The food and beverage sector is home to some of the bluest of blue chip stocks and some of the most reliable dividend payers around, so with news of PepsiCo's (NYSE: PEP) 7% dividend increase, the ETF Professor decided to take a look at an ETF devoted to the sector. The PowerShares Dynamic Food...
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Pepsi Increases Dividend Payout, Announces Share Buyback (PEP)
Monday, March 15, 2010 - 3:42pm | 111PepsiCo Inc. (NYSE: PEP) has raised its annual dividend by 7% to $1.92 per share. The company also announced it plans to buy back up to $15 billion worth of its stock. PepsiCo’s (PEP) Chairman and CEO Indra Nooyi said, “The board's action reflects continued confidence in the growth of our business...
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Pepsico Repurchases Shares
Monday, March 15, 2010 - 10:22am | 116Pepsico (NYSE: PEP) announced that it will be buying back up to $15 billion in pepsico shares. "The board's action reflects continued confidence in the growth of our business and our commitment to providing strong cash returns to our shareholders," Chairman and CEO Indra Nooyi said in a statement...
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Pepsico (PEP) Rewards Investors By Buying Back Shares
Monday, March 15, 2010 - 9:15am | 91Pepsico (PEP) announced that they will be buying back up to $15 billion in shares. Shares are up 1.6% on news of the stock repurchases. The stock buyback will take place over the next 3 years and will run through June 2013. Pepsi (PEP) also announced a 7% dividend increase raising the company's...
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Benzinga’s News Roundup (PEP, ALKS, MRK)
Monday, March 15, 2010 - 8:37am | 208PepsiCo, Inc. (NYSE: PEP) reported today that it will raise its dividend by 7% to $1.92 a share annually, and also announced plans to buy back up to $15 billion of common shares through June 2013. PepsiCo increased 1.21% to $65.89 in the pre-market session. The 52-week trading range for PEP is $47....