-
Which Economy? – Three Heartbeats To Monitor: The Consumer Economy
Friday, May 3, 2019 - 11:27am | 1088So many of the questions and concerns about the economy that are regularly voiced by the media, and routinely parroted by individuals, are expressions of fear that are not rooted in any fundamental data, or at least not any serious study of the fundamental data. As a result, it is easy to...
-
Newell Brands CEO To Retire
Friday, March 15, 2019 - 9:29am | 402Rubbermaid parent Newell Brands Inc (NASDAQ: NWL) said Thursday its CEO Michael Polk will retire from the company. What Happened Polk will retire from the company at the end of the second quarter, a job he has held since 2011. The executive also served on the board of directors since 2009 and his...
-
Today's Pickup: Port Of L.A. Backlog, A New Short Line Rail Service, IKEA Furniture Spill In North Sea
Friday, January 4, 2019 - 10:10am | 643Good day, The congestion choking the Port of Los Angeles has prompted calls for more efficient movement of containers, FreightWaves reported earlier this week. Delays are one reason the Los Angeles facility has been losing market share to other California ports including Long Beach and Oakland...
-
Procter & Gamble Is Beginning A Turnaround, BofA Says In Upgrade
Thursday, December 13, 2018 - 12:03pm | 518A bullish case can be made for multinational consumer goods company Procter & Gamble Co (NYSE: PG) as the company embarks on a turnaround, according to Bank of America Merrill Lynch. The Analyst Analyst Olivia Tong upgraded Procter & Gamble from Neutral to Buy with a price target...
-
A Few Key Takeaways From Clorox's Analyst Presentation
Wednesday, December 12, 2018 - 4:13pm | 547Clorox Co (NYSE: CLX) earlier this week hosted a sell-side presentation. Here is a summary of how three analysts reacted to the event. The Analysts Wells Fargo's Bonnie Herzog maintains a Market Perform rating on Clorox with a price target lifted from $145 to $160. Raymond James' Joseph...
-
Cramer Says Apple Shares Should Trade At $300
Wednesday, August 1, 2018 - 11:36am | 389Apple Inc. (NASDAQ: AAPL) should be valued at $300 per share, but under one condition: the Street needs to stop valuing the company like a "sturdy, cyclical industrial," according to CNBC's Jim Cramer. What Happened Apple's stock was trading at $200 per share Wednesday...
-
Oppenheimer Presents New Menu Of Top Picks
Friday, September 1, 2017 - 11:59am | 1280If you’re looking for a financial feast, check Oppenheimer’s choice platter. The firm’s 28 research analysts updated their monthly list of top picks this week, with just more than half of the catalog intact from the start of the summer. Here is what comes highly recommended:...
-
Unilever Is 'Highly Energized' Following A Failed Takeover By Kraft
Thursday, April 6, 2017 - 9:36am | 382Kraft Heinz Co (NASDAQ: KHC)'s failed takeover of Unilever plc (ADR) (NYSE: UL) earlier this year has left the British consumer goods company "highly energized." According to a Bloomberg report, Unilever's CEO Paul Polman told reporters the entire company, from members of the board down to...
-
It's A Very M&A Monday For Constellation Brands
Monday, October 17, 2016 - 10:43am | 354Constellation Brands, Inc. (NYSE: STZ), the parent company behind iconic alcoholic brands including Corona and other national brands, announced several notable updates to its M&A activity. First, the company reached an agreement to sell its Canadian wine business to the Ontario Teachers'...
-
Name-Brand Consumer Goods Roundup: Monster Beverage Scared Up Plenty Of Sales In Q2
Thursday, July 14, 2016 - 8:54am | 415Name brand consumer goods continue to outpace private labels. U.S. edibles sales have increased 0.8 percent in the past 12 weeks according to a new report by BMO Capital Markets. Total branded value sales of name brands continue to surpass private label units with an increase of 1.5 percent...
-
Defense And Consumer Goods Sectors Continue To Boast High Yields
Monday, May 16, 2016 - 1:49pm | 395The defense and consumer goods sectors have had consistent growth over the past five years. This year is no different, as both sectors have more than five companies trading at 52-year highs. Defense Sector Lockheed Martin Corporation (NYSE: LMT) is up 33 percent from its 52-week low, trading at $...
-
Pepsi Earnings Preview: Analysts Favor A Refreshing Quarter
Wednesday, April 16, 2014 - 3:36pm | 698PepsiCo (NYSE: PEP) will report its first quarter results early Thursday morning before market open. Analysts are expecting the beverage and snack maker to earn $0.75 per share on $12.43 billion of revenue. Pepsi last reported its quarterly results on February 13 when it earned $1.05 per share,...
-
Five Star Stock Watch: VeriFone Systems
Friday, October 25, 2013 - 3:07pm | 486VeriFone Systems (NYSE: PAY) designs, markets and services electronic payment solutions worldwide. It provides countertop electronic payment systems that accept magnetic, smart card, contactless or radio frequency identification cards and near field communication (NFC) payment options, as well...
-
Strong Tobacco Stocks Valuations May Mask Future Concerns
Friday, May 4, 2012 - 11:14am | 810By Ronald Thomas, Minyanville Growth rate expectations and valuations are tougher to assess with tobacco stocks than other stocks in the consumer staples sector. One big problem that is never talked about is that elasticity of demand isn't as closely tied to price increases or decreases that...
-
Consumer/Retail Stocks; YesDTC (OTCBB: YESD.PK) Receives First Asian Order - To Begin Chinese DRTV Test
Monday, November 15, 2010 - 12:25pm | 814SAN FRANCISCO - November 15, 2010 (Investorideas.com newswire) � YesDTC Holdings, Inc. (OTCBB:YESD), a direct-to-consumer marketer and global distributor of consumer goods and products, announced today its first Asian order and its plan to begin a DRTV (Direct Response Television) test for the...