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Smoke Your Way To Financial Bliss (PM, MO, LO, RAI)
Wednesday, January 13, 2010 - 11:48am | 278Erik Bloomquist, analyst at JPMorgan, has raised price targets for US tobacco companies and estimates potential returns to the tune of 18-27%. He believes that valuations in the sector are undemanding and the sector offers attractive dividend yields. Philip Morris International (NYSE: PM) has been...
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Top 5 Small-Cap Stocks In The Consumer Goods Sector With The Highest Dividend (SEB, PCH, UVV, VGR, PII)
Wednesday, January 13, 2010 - 6:19am | 178Below are the top 5 small-cap consumer goods stocks on the NASDAQ and the NYSE in terms of dividend. Seaboard Corp (NYSE: SEB) offers a per share dividend of $3. SEB’s market capitalization is $1.68 billion. SEB’s quarterly earnings growth is 11.60% y/y. Potlatch Corporation (NYSE: PCH) offers a...
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Company News for January 07, 2010 - Corporate Summary
Thursday, January 7, 2010 - 9:20am | 232• General Motors' CEO Whitacre promised the company's first year of profitability in 2010 following five years of losses • Microsoft's (NYSE:MSFT) CEO Ballmer's opening address in Las Vegas focused on the company's touch-tablet from Hewlett-Packard (NYSE:HPQ), planned for introduction this year • ...
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Should You Buy the Big Winners of 2009?
Tuesday, January 5, 2010 - 5:04pm | 484There are almost as many trading strategies as there are investors in the market. That’s why countless newsletters, stock services, and web sites sell their picks to anyone with a credit card. Investment publishing is big business. Though most publishers tack on tiny disclaimers saying something...
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top 6 consumer goods stocks for 2010
Wednesday, December 30, 2009 - 3:55pm | 545I don't normally do this but I can't help linking to this article by TheStreet.com. The Street is touting 6 names as the Top 6 Consumer Goods Stocks for 2010, and by George I own 4 of them. Scotts Miracle Gro (SMG)Clorox (CLX)Procter & Gamble (PG)Phillip Morris (PM)Johnson & Johnson (JNJ)...
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Increase In Excise To Benefit Philip Morris International (PM)
Wednesday, December 23, 2009 - 10:26am | 110Goldman Sachs believes that the announcement on excise tax increase by the Japanese government, of 3.5 Yen per cigarette will have a positive impact on Philip Morris International Inc. (NYSE: PM). The firm said, “Firstly, it provides more clarity about the Japanese Government’s plan and could...
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Barrons’ Picks Among S&P 500 Dividend Paying Stocks (PM, PFE, FPL, ADP)
Friday, December 18, 2009 - 1:12pm | 105Barrons noted that there are 73 stocks in S&P 500 (excluding financials) with yields 3% or better and backed by rising profits. Among these, Philip Morris International Inc. (NYSE: PM), Pfizer Inc. (NYSE: PFE), FPL Group, Inc. (NYSE: FPL) and Automatic Data Processing (NASDAQ: ADP) are...
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Initial Jobless Claims In The U.S. Increase Unexpectedly
Thursday, December 17, 2009 - 1:56pm | 170More Americans than anticipated filed first-time claims for unemployment benefits last week. The initial jobless claims rose by 7,000 to 480,000 in the week ended on Dec. 12 from a revised 473,000 in the prior week. Federal Reserve policy makers said that the weakness in the labor market was...
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Staples Industry May Outperform The Market (CL, EL, KO, PG, PM)
Tuesday, December 15, 2009 - 2:14pm | 308Analysts at Goldman Sachs maintain their “neutral” rating on the Consumer Staples sector in 2010. However, the sector is expected to perform in-line with the broader market. According to Goldman Sachs, the Staples industry may marginally outperform the market in the current stage of the cycle....
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Philip Morris Added To Goldman's Conviction Buy List
Monday, December 14, 2009 - 3:37pm | 98Cigarette maker Philip Morris (NYSE: PM) was added to the Goldman Sachs (NYSE: GS) conviction buy list today with analyst Judy Hong saying the company is being "significantly underappreciated by the market." Hong expects the international maker of Marlboros and other popular brands to earn 81 cents...
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Cramer Likes HRS And MO, Dislikes RF
Thursday, December 10, 2009 - 3:24pm | 257CNBC's Mad Money Jim Cramer said on his show last night that he likes Harris Corporation (NYSE: HRS) as the company is the best choice for installing radios in alternative short-terrain vehicles that U.S. needs in Afghanistan. He likes it better than Applied Signal (NASDAQ: APSG)(FREE stock trend...
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Reynolds American (RAI) Shares Rise after Citi Upgrade
Monday, December 7, 2009 - 6:53am | 106Shares of cigarette maker Reynolds American Inc. (NYSE: RAI) rose after a Citigroup analyst upgraded the stock based on projections of profit and dividend growth. Shares rose $1.90, or 3.7%, to $52.95, a 52-week high of $53.37. Citigroup analyst Adam Spielman upgraded Citigroup's shares to "Buy,"...
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Reynolds American Looks To Reduce Staff
Friday, December 4, 2009 - 3:38pm | 113R.J. Reynolds Tobacco Co., the maker of Camel cigarettes and a unit of Reynolds American (NYSE: RAI) it is offering buyouts to about 1,800 workers at its North Carolina factories to cut costs. The company said it doesn't have a specific number of jobs it is hoping to eliminate, but it is evident...
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Benzinga’s Top Upgrades (AKAM, RAI, FSLR, INCB, AF, SNV)
Friday, December 4, 2009 - 9:20am | 257Akamai Technologies, Inc. (NASDAQ: AKAM) was today upgraded by Citigroup from Hold to Buy and price target increased to $31 from $23. AKAM is now trading at $25.20, 6% up in the pre-market session. So far in 2009, AKAM gained over 55%. Reynolds American, Inc. (NYSE: RAI) climbed 1.35% to $51.74....
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The Mundus Group (MNDP) Subsidiary Streamlining Production
Friday, December 4, 2009 - 6:37am | 142The Mundus Group Inc. (OTC: MNDP) announced that their subsidiary AirStar International has purchased a computer numerical coding (CNC) machine to aid in designing and manufacturing working prototypes of aluminum and steel parts. With the addition of in-house prototyping, the need to send out...