FSI (NASDAQ: FSII), Glacier Bancorp, Inc. (NASDAQ: GBCI), SunTrust (NYSE: STI), Provident Financial Services, Inc. (NYSE: PFS), Procter & Gamble (NYSE: PG) and Invesco Value Municipal Income (NYSE: IIM) ratings and price targets.
Needham & Company reiterated its "Buy" rating on FSI (FSII).
Sterne Agee reiterated its "Neutral" rating on Glacier Bancorp, Inc. (GBCI).
SunTrust (STI) had its price target lowered by FBR Capital from $25.00 to $23.00. They have a “Market Perform” rating on the company.
Provident Financial Services, Inc. (PFS) was downgraded by Janney Montgomery Scott from a “Buy” rating to a “Neutral” rating.
Procter & Gamble (PG) was downgraded by UBS AG (NYSE:UBS) from a “Buy” rating to a “Neutral” rating. They have a price target of $66.00 on the company, down from $72.00.
Invesco Value Municipal Income (IIM) was upgraded by Stifel Nicolaus to a “Hold” rating.
Showing posts with label Proctor and Gamble. Show all posts
Showing posts with label Proctor and Gamble. Show all posts
Tuesday, January 31, 2012
Tuesday, January 3, 2012
Cyberonics (CYBX) (CYMI) (PG) (SNBC) (UBNK) Ratings, Price Targets
Cyberonics (NASDAQ: CYBX), Cymer, Inc. (NASDAQ: CYMI), Procter & Gamble (NYSE: PG), Sun Bancorp, Inc. (NASDAQ: SNBC) and United Financial Bancorp, Inc. (NASDAQ: UBNK) ratings and price targets.
Cyberonics (CYBX) was upgraded by Kaufman Brothers from a “hold” rating to a “buy” rating. They have a price target of $38.00 on the firm, up from $28.00.
Cymer, Inc. (CYMI) was upgraded by Barclays Capital (NYSE:BCS) from an “equal weight” rating to an “overweight” rating.
Procter & Gamble (PG) was downgraded by Buckingham Research to a “neutral” rating.
Sun Bancorp, Inc. (SNBC) was downgraded by Zacks Investment Research from an “outperform” rating to a “neutral” rating.
United Financial Bancorp, Inc. (UBNK) was downgraded by Sterne Agee from a “buy” rating to a “neutral” rating.
Cyberonics (CYBX) was upgraded by Kaufman Brothers from a “hold” rating to a “buy” rating. They have a price target of $38.00 on the firm, up from $28.00.
Cymer, Inc. (CYMI) was upgraded by Barclays Capital (NYSE:BCS) from an “equal weight” rating to an “overweight” rating.
Procter & Gamble (PG) was downgraded by Buckingham Research to a “neutral” rating.
Sun Bancorp, Inc. (SNBC) was downgraded by Zacks Investment Research from an “outperform” rating to a “neutral” rating.
United Financial Bancorp, Inc. (UBNK) was downgraded by Sterne Agee from a “buy” rating to a “neutral” rating.
Friday, December 2, 2011
Hewlett-Packard (HPQ) (IRF) (LCC) (PG) (SIAL) Upgraded
Hewlett-Packard (NYSE: HPQ), International Rectifier (NYSE: IRF), US Airways Group, Inc. (NYSE: LCC), Procter & Gamble (NYSE: PG) and Sigma-Aldrich Corp. (NASDAQ: SIAL) were upgraded by analysts.
Hewlett-Packard (HPQ) was upgraded by Pacific Crest from an “Underperform” rating to a “Sector Perform” rating.
International Rectifier (IRF) was upgraded by JMP Securities from a “Market Perform” rating to an “Outperform” rating.
US Airways Group, Inc. (LCC) was upgraded by Barclays Capital from an “Equal Weight” rating to an “Overweight” rating.
Procter & Gamble (PG) was upgraded by RBC Capital from a “Sector Perform” rating to an “Outperform” rating.
Sigma-Aldrich Corp. (SIAL) was upgraded by Credit Agricole from an “Outperform” rating to a “Buy” rating.
Hewlett-Packard (HPQ) was upgraded by Pacific Crest from an “Underperform” rating to a “Sector Perform” rating.
International Rectifier (IRF) was upgraded by JMP Securities from a “Market Perform” rating to an “Outperform” rating.
US Airways Group, Inc. (LCC) was upgraded by Barclays Capital from an “Equal Weight” rating to an “Overweight” rating.
Procter & Gamble (PG) was upgraded by RBC Capital from a “Sector Perform” rating to an “Outperform” rating.
Sigma-Aldrich Corp. (SIAL) was upgraded by Credit Agricole from an “Outperform” rating to a “Buy” rating.
Tuesday, October 18, 2011
Joy Global (JOYG) (PG) (PH) (PPG) (TKR) (VMC) (WPPGY) Upgraded
Joy Global (NASDAQ:JOYG), Procter & Gamble (NYSE:PG), Parker-Hannifin Co. (NYSE:PH), PPG (NYSE:PPG), Timken (NYSE:TKR), Vulcan Materials Company (NYSE:VMC) and WPP (NASDAQ:WPPGY) were upgraded by analysts.
Joy Global Inc. (JOYG) was upgraded by Jefferies (NYSE:JEF) from a “Hold” rating to a “Buy” rating. They have a price target of $100.00 on the company.
Procter & Gamble (PG) was upgraded by BMO Capital Markets from a “Market Perform” rating to an “Outperform” rating. They have a price target of $75.00 on the company.
Parker-Hannifin Co. (PH) was upgraded by Jefferies from a “Hold” rating to a “Buy” rating. They have a price target of $92.00 on the company.
PPG (PPG) was upgraded by Susquehanna from a “Neutral” rating to a “Positive” rating.
Timken (TKR) was upgraded by Jefferies from a “Hold” rating to a “Buy” rating.
Vulcan Materials Company (VMC) was upgraded by Goldman Sachs (NYSE:GS) from a “Sell” rating to a “Neutral” rating.
WPP (WPPGY) was upgraded by RBS from a “Hold” rating to a “Buy” rating.
Joy Global Inc. (JOYG) was upgraded by Jefferies (NYSE:JEF) from a “Hold” rating to a “Buy” rating. They have a price target of $100.00 on the company.
Procter & Gamble (PG) was upgraded by BMO Capital Markets from a “Market Perform” rating to an “Outperform” rating. They have a price target of $75.00 on the company.
Parker-Hannifin Co. (PH) was upgraded by Jefferies from a “Hold” rating to a “Buy” rating. They have a price target of $92.00 on the company.
PPG (PPG) was upgraded by Susquehanna from a “Neutral” rating to a “Positive” rating.
Timken (TKR) was upgraded by Jefferies from a “Hold” rating to a “Buy” rating.
Vulcan Materials Company (VMC) was upgraded by Goldman Sachs (NYSE:GS) from a “Sell” rating to a “Neutral” rating.
WPP (WPPGY) was upgraded by RBS from a “Hold” rating to a “Buy” rating.
Friday, August 19, 2011
Staples (SPLS) (PG) (JDSU) (IBM) (ANF) EPS Estimates Changed
Procter & Gamble (NYSE: PG), Staples, Inc. (NASDAQ: SPLS), JDS Uniphase Co. (NASDAQ: JDSU), IBM (NYSE: IBM) and Abercrombie & Fitch (NYSE: ANF) have EPS estimates adjusted by analysts.
Jefferies (NYSE:JEF) lowered its EPS estimates on Procter & Gamble (PG). They have a “Hold” rating and a price target of $69.00 on the company.
Jefferies boosted its EPS estimates on Staples, Inc. (SPLS). They have a “Hold” rating and a price target of $14.00 on the company.
Citigroup (NYSE:C) cut its EPS estimates on JDS Uniphase Co. (JDSU). They have a “Buy” rating and a price target of $14.50 on the company.
Credit Suisse (NYSE:CS) slashed its EPS estimates on IBM (IBM). They have a “Neutral” rating and a price target of $175.00 on the company.
Goldman Sachs (NYSE:GS) raised its EPS estimates on Abercrombie & Fitch (ANF). They have a “Buy” rating and a price target of $90.00 on the company.
Jefferies (NYSE:JEF) lowered its EPS estimates on Procter & Gamble (PG). They have a “Hold” rating and a price target of $69.00 on the company.
Jefferies boosted its EPS estimates on Staples, Inc. (SPLS). They have a “Hold” rating and a price target of $14.00 on the company.
Citigroup (NYSE:C) cut its EPS estimates on JDS Uniphase Co. (JDSU). They have a “Buy” rating and a price target of $14.50 on the company.
Credit Suisse (NYSE:CS) slashed its EPS estimates on IBM (IBM). They have a “Neutral” rating and a price target of $175.00 on the company.
Goldman Sachs (NYSE:GS) raised its EPS estimates on Abercrombie & Fitch (ANF). They have a “Buy” rating and a price target of $90.00 on the company.
Tuesday, August 9, 2011
Magna (MGA) (SPH) (EIX) (PG) (PKD) Price Targets Changed
Magna International Inc. (NYSE: MGA), Suburban Propane Partners, L.P. (NYSE: SPH), Edison International (NYSE: EIX), Procter & Gamble (NYSE: PG) and Parker Drilling Company (NYSE: PKD) price targets adjusted by analysts.
Magna International Inc. (MGA) had its price target lowered by Deutsche Bank (NYSE:DB) from $57.00 to $55.00. They have a “Hold” rating on the company.
Suburban Propane Partners, L.P. (SPH) had its price target lowered by Barclays Capital from $53.00 to $47.00. They have an “Underweight” rating on the company.
Edison International (EIX) had its price target lowered by Deutsche Bank from $45.00 to $43.00. They have a “Buy” rating on the company.
Procter & Gamble (PG) had its price target lowered by Deutsche Bank from $72.00 to $70.00. They have a “Buy” rating on the company.
Parker Drilling Company (PKD) had its price target raised by Barclays Capital from $6.00 to $8.00. They have an “Equal Weight” rating on the company.
Magna International Inc. (MGA) had its price target lowered by Deutsche Bank (NYSE:DB) from $57.00 to $55.00. They have a “Hold” rating on the company.
Suburban Propane Partners, L.P. (SPH) had its price target lowered by Barclays Capital from $53.00 to $47.00. They have an “Underweight” rating on the company.
Edison International (EIX) had its price target lowered by Deutsche Bank from $45.00 to $43.00. They have a “Buy” rating on the company.
Procter & Gamble (PG) had its price target lowered by Deutsche Bank from $72.00 to $70.00. They have a “Buy” rating on the company.
Parker Drilling Company (PKD) had its price target raised by Barclays Capital from $6.00 to $8.00. They have an “Equal Weight” rating on the company.
Wednesday, July 13, 2011
Ratings on Arch Coal (ACI) (CLNE) (MT) (WM) (PG) Changed by Analysts
Ratings on Arch Coal, Inc. (NYSE: ACI), Clean Energy Fuels Corp. (NASDAQ: CLNE), ArcelorMittal (NYSE: MT), Waste Management Inc (NYSE: WM) and Procter & Gamble (NYSE: PG) adjusted by analysts.
RBC Capital upgraded Arch Coal, Inc. (ACI) from a “sector perform” rating to an “outperform” rating.
Northland Securities upgraded Clean Energy Fuels Corp. (CLNE) from a “market perform” rating to an “outperform” rating.
Societe Generale upgraded ArcelorMittal (MT) from a “hold” rating to a “buy” rating.
Wedbush downgraded Waste Management Inc (WM) from a “neutral” rating to an “underperform” rating. They also cut their price target from $40.00 to $34.00 a share.
Jefferies (NYSE:JEF) downgraded Procter & Gamble (PG) from a “buy” rating to a “hold” rating.
Procter & Gamble closed Tuesday at $64.53, falling $0.19, or 0.29 percent. Waste Management closed at $36.63, down $0.52, or 1.40 percent. ArcelorMittal ended the session at $32.58, dropping $0.31, or 0.94 percent. Clean Energy Fuels Corp. closed at $15.08, gaining $1.96, or 14.94 percent. Arch Coal closed at $25.39, losing $0.05, or 0.20 percent.
RBC Capital upgraded Arch Coal, Inc. (ACI) from a “sector perform” rating to an “outperform” rating.
Northland Securities upgraded Clean Energy Fuels Corp. (CLNE) from a “market perform” rating to an “outperform” rating.
Societe Generale upgraded ArcelorMittal (MT) from a “hold” rating to a “buy” rating.
Wedbush downgraded Waste Management Inc (WM) from a “neutral” rating to an “underperform” rating. They also cut their price target from $40.00 to $34.00 a share.
Jefferies (NYSE:JEF) downgraded Procter & Gamble (PG) from a “buy” rating to a “hold” rating.
Procter & Gamble closed Tuesday at $64.53, falling $0.19, or 0.29 percent. Waste Management closed at $36.63, down $0.52, or 1.40 percent. ArcelorMittal ended the session at $32.58, dropping $0.31, or 0.94 percent. Clean Energy Fuels Corp. closed at $15.08, gaining $1.96, or 14.94 percent. Arch Coal closed at $25.39, losing $0.05, or 0.20 percent.
Monday, May 2, 2011
Price Targets On (MSI) (BWA) (NTGR) (OII) (PG) Updated
Motorola Solutions (NYSE: MSI), BorgWarner Inc (NYSE: BWA), NetGear Inc (NASDAQ: NTGR), Oceaneering International (NYSE: OII) and Procter & Gamble (NYSE: PG) had their price targets updated by analysts.
Barclays Capital (NYSE:BCS) raised their price target on shares of BorgWarner Inc (BWA) from $80.00 to $85.00. They have an “equal weight” rating on the company.
Deutsche Bank (NYSE:DB) raised their price target on Motorola Solutions (MSI) from $35.00 to $40.00. They have a “hold” rating on the company.
Goldman Sachs (NYSE:GS) raised their price target on NetGear Inc (NTGR) to $38.00. They have a “neutral” rating on the company.
Global Hunter Securities raised their price target on Oceaneering International (OII) from $81.00 to $90.00. They have a “neutral” rating on the company.
Caris & Company cut their price target on Procter & Gamble (PG) from $73.00 to $71.00. They have an “average” rating on the company.
Barclays Capital (NYSE:BCS) raised their price target on shares of BorgWarner Inc (BWA) from $80.00 to $85.00. They have an “equal weight” rating on the company.
Deutsche Bank (NYSE:DB) raised their price target on Motorola Solutions (MSI) from $35.00 to $40.00. They have a “hold” rating on the company.
Goldman Sachs (NYSE:GS) raised their price target on NetGear Inc (NTGR) to $38.00. They have a “neutral” rating on the company.
Global Hunter Securities raised their price target on Oceaneering International (OII) from $81.00 to $90.00. They have a “neutral” rating on the company.
Caris & Company cut their price target on Procter & Gamble (PG) from $73.00 to $71.00. They have an “average” rating on the company.
Dividend Yields for (BCR) (XRAY) (CI) (KMB) (PG)
Indicated dividend yields for Standard & Poor's 500 Index companies CR Bard Inc (BCR), DENTSPLY International Inc (XRAY), CIGNA Corp (CI), Kimberly-Clark Corp (KMB) and Procter & Gamble Co (PG).
These dividend data indicate dividend yields of companies in the Standard & Poor's 500 Index as of Saturday, April 30. The yield is determined by taking the latest declared dividend, annualized and divided by the price of the stock. Payout ratios are calculated based on latest quarterly dividend paid divided by earnings.
CR Bard Inc (BCR) has a dividend yield of 0.67 percent on a declared dividend of $0.18. The payout ratio is 12.0 percent.
DENTSPLY International Inc (XRAY) has a dividend yield of 0.53 percent on a declared dividend of $0.05. The payout ratio is 10.2 percent.
CIGNA Corp (CI) has a dividend yield of 0.09 percent on a declared dividend of $0.04. The payout ratio is 0.8 percent.
Kimberly-Clark Corp (KMB) has a dividend yield of 4.24 percent on a declared dividend of $0.70. The payout ratio is 81.2 percent.
Procter & Gamble Co (PG) has a dividend yield of 3.24 percent on a declared dividend of $0.53. The payout ratio is 47.8 percent.
These dividend data indicate dividend yields of companies in the Standard & Poor's 500 Index as of Saturday, April 30. The yield is determined by taking the latest declared dividend, annualized and divided by the price of the stock. Payout ratios are calculated based on latest quarterly dividend paid divided by earnings.
CR Bard Inc (BCR) has a dividend yield of 0.67 percent on a declared dividend of $0.18. The payout ratio is 12.0 percent.
DENTSPLY International Inc (XRAY) has a dividend yield of 0.53 percent on a declared dividend of $0.05. The payout ratio is 10.2 percent.
CIGNA Corp (CI) has a dividend yield of 0.09 percent on a declared dividend of $0.04. The payout ratio is 0.8 percent.
Kimberly-Clark Corp (KMB) has a dividend yield of 4.24 percent on a declared dividend of $0.70. The payout ratio is 81.2 percent.
Procter & Gamble Co (PG) has a dividend yield of 3.24 percent on a declared dividend of $0.53. The payout ratio is 47.8 percent.
Friday, April 29, 2011
EPS of (PG) (PNRA) (RKT) (SSCC) Updated
Analysts EPS estimates on Procter & Gamble (NYSE: PG), Panera Bread Company (NASDAQ: PNRA), Rock-Tenn Company (NYSE: RKT) and Smurfit Stone Contai (NASDAQ: SSCC) updated.
Morgan Stanley (NYSE:MS) cut their EPS estimates of Procter & Gamble (PG). They now have an “overweight” rating and a $72.00 price target on the company.
Goldman Sachs raised their EPS on Panera Bread Company (PNRA). They have a “neutral” rating and a price target of $120.00 on the company.
Goldman Sachs (NYSE:GS) cut their EPS estimates on Rock-Tenn Company (RKT). They have a “buy” rating and a price target of $73.00 on the company.
Goldman Sachs analysts cut their EPS estimates on shares of Smurfit Stone Contai (SSCC). They have a “buy” rating and a price target of $39.00 on the company.
Morgan Stanley (NYSE:MS) cut their EPS estimates of Procter & Gamble (PG). They now have an “overweight” rating and a $72.00 price target on the company.
Goldman Sachs raised their EPS on Panera Bread Company (PNRA). They have a “neutral” rating and a price target of $120.00 on the company.
Goldman Sachs (NYSE:GS) cut their EPS estimates on Rock-Tenn Company (RKT). They have a “buy” rating and a price target of $73.00 on the company.
Goldman Sachs analysts cut their EPS estimates on shares of Smurfit Stone Contai (SSCC). They have a “buy” rating and a price target of $39.00 on the company.
Upgrades for (MSA) (OIS) (PG) (PTEN) (SMBL) Ratings
Analysts upgraded Mine Safety Appliances (NYSE: MSA), Oil States International, Inc. (NYSE: OIS), Procter & Gamble (NYSE: PG), Patterson-UTI (NASDAQ: PTEN) and Smart Balance Inc (NASDAQ: SMBL) today.
Robert W. Baird upgraded Mine Safety Appliances (MSA) from a “neutral” rating to an “outperform” rating. They have a price target of $44.00 on the company, up from $39.00.
Global Hunter Securities upgraded Oil States International, Inc. (OIS) from an “accumulate” rating to a “buy” rating. They have a price target of $97.00 on the company.
Deutsche Bank (NYSE:DB) upgraded Procter & Gamble (PG) from a “hold” rating to a “buy” rating. They have a price target of $72.00 on the company.
Howard Weil upgraded shares of Patterson-UTI (PTEN) from a “market perform” rating to an “outperform” rating. They have a price target of $38.00 on the company, up from $32.00.
Janney Montgomery Scott upgraded Smart Balance Inc (SMBL) from a “neutral” rating to a “buy” rating.
Robert W. Baird upgraded Mine Safety Appliances (MSA) from a “neutral” rating to an “outperform” rating. They have a price target of $44.00 on the company, up from $39.00.
Global Hunter Securities upgraded Oil States International, Inc. (OIS) from an “accumulate” rating to a “buy” rating. They have a price target of $97.00 on the company.
Deutsche Bank (NYSE:DB) upgraded Procter & Gamble (PG) from a “hold” rating to a “buy” rating. They have a price target of $72.00 on the company.
Howard Weil upgraded shares of Patterson-UTI (PTEN) from a “market perform” rating to an “outperform” rating. They have a price target of $38.00 on the company, up from $32.00.
Janney Montgomery Scott upgraded Smart Balance Inc (SMBL) from a “neutral” rating to a “buy” rating.
Wednesday, April 13, 2011
Procter & Gamble (PG) Boosts Dividend 9 Percent
Shares of Procter & Gamble (NYSE:PG) closed up Tuesday after the company announced an increase in its quarterly dividend to 52.5 cents a share, a 9 percent boost.
This is the 55th straight year the consumer-products company has raised its dividend, pointing to its long-term durability through various economic conditions.
The previous dividend was 48.2 cents a share. The new dividend will be payable on May 16, to common shareholders of record at the close of business on April 29.
Dividends on two of the classes of preferred shares were also increased by the company.
Procter & Gamble closed Tuesday at $62.89, up $0.70, or 1.13 percent.
This is the 55th straight year the consumer-products company has raised its dividend, pointing to its long-term durability through various economic conditions.
The previous dividend was 48.2 cents a share. The new dividend will be payable on May 16, to common shareholders of record at the close of business on April 29.
Dividends on two of the classes of preferred shares were also increased by the company.
Procter & Gamble closed Tuesday at $62.89, up $0.70, or 1.13 percent.
Thursday, April 7, 2011
Post QE2 Trading with (MSFT) (DELL) (HPQ) (WMT) (PG)
As QE2 winds down plays that look the best continue to be commodity-based companies and blue chips stocks with low valuations.
The latter group would include companies such as Microsoft (NASDAQ:MSFT), Dell (NASDAQ:DELL), Hewlett-Packard (NYSE:HPQ), Wal-Mart (NYSE:WMT) and Procter & Gamble (NYSE:PG).
Some companies, to give an example, which wouldn't fit into that scenario wold be Caterpillar (NYSE:CAT) and Deere (NYSE:DE). It's not that they're not great companies to hold, just that they have most of the optimism already priced into them. The assumption for some investors with them is they believe the profit margins will remain strong at the two companies, which isn't a surety in any way. They've become risky at these levels.
The reason blue chip stocks like those listed above are a solid bet, is as mentioned, the current valuations, but also the ability of the larger companies to be able to pass on higher costs of inputs.
The latter group would include companies such as Microsoft (NASDAQ:MSFT), Dell (NASDAQ:DELL), Hewlett-Packard (NYSE:HPQ), Wal-Mart (NYSE:WMT) and Procter & Gamble (NYSE:PG).
Some companies, to give an example, which wouldn't fit into that scenario wold be Caterpillar (NYSE:CAT) and Deere (NYSE:DE). It's not that they're not great companies to hold, just that they have most of the optimism already priced into them. The assumption for some investors with them is they believe the profit margins will remain strong at the two companies, which isn't a surety in any way. They've become risky at these levels.
The reason blue chip stocks like those listed above are a solid bet, is as mentioned, the current valuations, but also the ability of the larger companies to be able to pass on higher costs of inputs.
Tuesday, April 5, 2011
P&G (PG) Merging Pringles Into Diamond Foods (DMND)
In a deal valued at $2.35 billion, The Procter & Gamble Company (NYSE: PG) and Diamond Foods, Inc. (NASDAQ: DMND) announced they've signed an agreement to merge the Pringles unit into Diamond Foods.
Terms of the deal include $1.5 billion in Diamond common stock, which includes 29.1 million shares for approximately 57 percent of the outstanding shares of the combined company, and the assumption of $850 million of debt held by Pringles. Diamond's current shareholders would continue to own approximately 43 percent of the combined company.
Michael Mendes, Chairman, President and CEO of Diamond Foods, said, "Pringles is an iconic, billion dollar snack brand with significant global manufacturing and supply chain infrastructure. Our plan is to build upon the brand equity Pringles has established in over 140 countries. This strategic combination will create an independent, global leader in the snack industry with a focus on quality and innovative products. Not only is this combination immediately accretive, it also creates a platform that we believe will allow us to build shareholder value for years to come."
Estimated earnings before EBITDA, including $25 million in synergies, will come in at about $398 million to $410 million.
Terms of the deal include $1.5 billion in Diamond common stock, which includes 29.1 million shares for approximately 57 percent of the outstanding shares of the combined company, and the assumption of $850 million of debt held by Pringles. Diamond's current shareholders would continue to own approximately 43 percent of the combined company.
Michael Mendes, Chairman, President and CEO of Diamond Foods, said, "Pringles is an iconic, billion dollar snack brand with significant global manufacturing and supply chain infrastructure. Our plan is to build upon the brand equity Pringles has established in over 140 countries. This strategic combination will create an independent, global leader in the snack industry with a focus on quality and innovative products. Not only is this combination immediately accretive, it also creates a platform that we believe will allow us to build shareholder value for years to come."
Estimated earnings before EBITDA, including $25 million in synergies, will come in at about $398 million to $410 million.
Tuesday, March 29, 2011
Food Companies (KFT) (PG) (GIS) (Dole) Offering Less for More
With rising costs pressuring earnings at food companies like Kraft (NYSE:KFT), Proctor & Gamble (NYSE:PG), General Mills (NYSE:GIS) and Dole (NYSE:DOLE), the companies have decided to offer less for more, as they shrink the size of their offerings while charging more.
This isn't anything new, as this has been the typical response of the food companies at times when consumer budgets are tight.
So when a consumer buys a bag of something, for example, now they'll find about 20 percent less than what it held before, but at the same price.
In tough times consumers are more aware of prices than they are on volume in the package, so companies can make these types of moves with a minimum of fuss.
Rising costs of inputs in the supply chain are the reasons for the companies changing their strategies.
This isn't anything new, as this has been the typical response of the food companies at times when consumer budgets are tight.
So when a consumer buys a bag of something, for example, now they'll find about 20 percent less than what it held before, but at the same price.
In tough times consumers are more aware of prices than they are on volume in the package, so companies can make these types of moves with a minimum of fuss.
Rising costs of inputs in the supply chain are the reasons for the companies changing their strategies.
Friday, March 25, 2011
P&G (PG), Teva (TEVA) Partnering in Global OTC Drug Strategy
Procter & Gamble Co. (NYSE:PG) and Teva (NASDAQ:TEVA) announced they have entered a partnership to develop and market over-the-counter drugs outside of North America, including existing brands such as Pepto-Bismol and Vicks.
Cincinnati-based P&G and Jerusalem-based Teva Pharmaceutical Industries Ltd. said they plan to combine their over-the-counter drug businesses outside of North America, building leadership in key markets such as Germany, Russia and Brazil while positioning them for faster growth in emerging markets and with more offerings to aging populations in developed markets.
The deal could also eventually help consumers choose from more medicines without a prescription and at lower prices.
P&G's products include Vicks cold medicines, Pepto-Bismol stomach relief, Metamucil fiber supplement and Prilosec OTC heartburn medicine.
The deal will expand the companies' reach geographically and in retail outlets including drugstores and groceries, said Shlomo Yanai, Teva's CEO and president, in a conference call. It also combines Teva's drug research and development experience and global manufacturing with P&G brand-building, marketing and consumer knowledge.
Teva closed Thursday at $50.35, gaining $1.23, or 2.50 percent. P&G closed at $61.14, up $0.23, or 0.38 percent.
Source
Cincinnati-based P&G and Jerusalem-based Teva Pharmaceutical Industries Ltd. said they plan to combine their over-the-counter drug businesses outside of North America, building leadership in key markets such as Germany, Russia and Brazil while positioning them for faster growth in emerging markets and with more offerings to aging populations in developed markets.
The deal could also eventually help consumers choose from more medicines without a prescription and at lower prices.
P&G's products include Vicks cold medicines, Pepto-Bismol stomach relief, Metamucil fiber supplement and Prilosec OTC heartburn medicine.
The deal will expand the companies' reach geographically and in retail outlets including drugstores and groceries, said Shlomo Yanai, Teva's CEO and president, in a conference call. It also combines Teva's drug research and development experience and global manufacturing with P&G brand-building, marketing and consumer knowledge.
Teva closed Thursday at $50.35, gaining $1.23, or 2.50 percent. P&G closed at $61.14, up $0.23, or 0.38 percent.
Source
Friday, February 18, 2011
TD Ameritrade (AMTD) Joins GE (GE), Coke (KO), McDonalds (MCD), Visa (V), AT&T (T) As USOC Sponsor
TD Ameritrade Holding Corp. (NASDAQ:AMTD) has reportedly signed on to be a sponsor for the U.S. Olympic Committee, the first in the online broker segment to do so.
They will join others like Acer, Coca-Cola (NYSE:KO), Visa (NYSE:V), Anheuser-Busch (NYSE:BUD), AT&T (NYSE:T), Dow Chemical (NYSE:DOW), Atos Origin, BMW Group NA, BP (NYSE:BP), General Electric (NYSE:GE), McDonald's (NYSE:MCD), Procter & Gamble (NYSE:PG), Samsung, Panasonic (NYSE:PC), and Omega, which are already sponsors of the U.S. Olympic Committee.
Under terms of the deal, TD Ameritrade will sponsor the U.S. Olympic team competing at the 2012 Olympics in London, and will have marketing presence on NBC, which will broadcast the 2012 Summer Games.
Fred Tomczyk, president and CEO for TD Ameritrade, said, “We make a promise each day to our clients and associates – to relentlessly strive to exceed their expectations. We believe this sponsorship – with an organization whose values so closely mirror our own – is an extension of that promise. We look forward to celebrating and sharing this pride of sponsorship with all of our clients, associates and shareholders.”
In a separate sponsorship category are "Official" USOC sponsors, which include Allstate (NYSE:ALL), Deloitte, Hilton Worldwide, Nike (NYSE:NKE), Tyson (NYSE:TSN), Jet Set Sports and United Airlines
USOC CEO Scott Blackmun said in a statement, “TD Ameritrade believes in supporting America’s athletes, and in the power and inspiration of their journeys. It is a company that upholds the Olympic ideals in its own industry, and we are happy to have them on board. This agreement ushers in a new era of partnership and cooperation between the USOC and NBC. Working together, we can bring the U.S. Olympic movement to new audiences and to new heights.”
TD Ameritrade was trading at $21.77, up $0.44, or 2.06 percent, as of 2:39 PM EST.
They will join others like Acer, Coca-Cola (NYSE:KO), Visa (NYSE:V), Anheuser-Busch (NYSE:BUD), AT&T (NYSE:T), Dow Chemical (NYSE:DOW), Atos Origin, BMW Group NA, BP (NYSE:BP), General Electric (NYSE:GE), McDonald's (NYSE:MCD), Procter & Gamble (NYSE:PG), Samsung, Panasonic (NYSE:PC), and Omega, which are already sponsors of the U.S. Olympic Committee.
Under terms of the deal, TD Ameritrade will sponsor the U.S. Olympic team competing at the 2012 Olympics in London, and will have marketing presence on NBC, which will broadcast the 2012 Summer Games.
Fred Tomczyk, president and CEO for TD Ameritrade, said, “We make a promise each day to our clients and associates – to relentlessly strive to exceed their expectations. We believe this sponsorship – with an organization whose values so closely mirror our own – is an extension of that promise. We look forward to celebrating and sharing this pride of sponsorship with all of our clients, associates and shareholders.”
In a separate sponsorship category are "Official" USOC sponsors, which include Allstate (NYSE:ALL), Deloitte, Hilton Worldwide, Nike (NYSE:NKE), Tyson (NYSE:TSN), Jet Set Sports and United Airlines
USOC CEO Scott Blackmun said in a statement, “TD Ameritrade believes in supporting America’s athletes, and in the power and inspiration of their journeys. It is a company that upholds the Olympic ideals in its own industry, and we are happy to have them on board. This agreement ushers in a new era of partnership and cooperation between the USOC and NBC. Working together, we can bring the U.S. Olympic movement to new audiences and to new heights.”
TD Ameritrade was trading at $21.77, up $0.44, or 2.06 percent, as of 2:39 PM EST.
Monday, February 7, 2011
Procter & Gamble (NYSE:PG), Colgate-Palmolive (NYSE:CL), Hershey's (NYSE:HSY), Kellogg (NYSE:K) Facing Shrinking Margins on Higher Commodity Prices
While companies producing most commodities will be sure to benefit from higher prices (for the most part) going forward, others like Procter & Gamble (NYSE:PG), Colgate-Palmolive (NYSE:CL), Hershey's (NYSE:HSY) and Kellogg (NYSE:K), will continue to have their margins pressured, as the weak economy will probably force them to eat the higher prices rather than pass them on to consumers.
All the above-mentioned companies have confirmed margins are under pressure, and some have already lowered their earnings guidance for 2011, such as Hershey's recently did because of rising sugar and cocoa prices.
Kellog on the other hand, has said they're going to increase prices in response to the higher input costs, but it will be done selectively.
Analysts are conflicted on the issue, as some say the increase in input costs haven't hurt the companies yet, but the fact that the major companies named above have all said their margins are under pressure somewhat undermines that argument.
Others think the rising costs aren't being taken seriously enough, and if more workers are higher, inputs will go beyond simply rising commodity prices, to overall input costs rising, putting even more pressure on margins and earnings.
But at this time it's the rising commodity prices that are the real threat, and in that regard, some analysts feel they're being underestimated as to the effects they'll have on companies, and either they'll have to raise prices in a weak economy or eat them. Either way it won't help their performance.
Kellog closed Friday at $53.42, gaining $0.90, or 1.71 percent. Hershey closed level at $50.49. Colgate-Palmolive ended the session at $76.24, up $0.31, or 0.41 percent. Procter & Gamble closed at $63.61, gaining $0.71, or 1.13 percent.
All the above-mentioned companies have confirmed margins are under pressure, and some have already lowered their earnings guidance for 2011, such as Hershey's recently did because of rising sugar and cocoa prices.
Kellog on the other hand, has said they're going to increase prices in response to the higher input costs, but it will be done selectively.
Analysts are conflicted on the issue, as some say the increase in input costs haven't hurt the companies yet, but the fact that the major companies named above have all said their margins are under pressure somewhat undermines that argument.
Others think the rising costs aren't being taken seriously enough, and if more workers are higher, inputs will go beyond simply rising commodity prices, to overall input costs rising, putting even more pressure on margins and earnings.
But at this time it's the rising commodity prices that are the real threat, and in that regard, some analysts feel they're being underestimated as to the effects they'll have on companies, and either they'll have to raise prices in a weak economy or eat them. Either way it won't help their performance.
Kellog closed Friday at $53.42, gaining $0.90, or 1.71 percent. Hershey closed level at $50.49. Colgate-Palmolive ended the session at $76.24, up $0.31, or 0.41 percent. Procter & Gamble closed at $63.61, gaining $0.71, or 1.13 percent.
Wednesday, January 12, 2011
P&G (NSYE:PG), PepsiCo (NYSE:PEP) Coca-Cola (NYSE:KO), Philip Morris (NYSE:PM) Top Consumer Staples Picks of Goldman (NYSE:GS)
Goldman Sachs (NYSE:GS) is starting to like the consumer staples sector better, and their top picks include P&G (NSYE:PG), PepsiCo (NYSE:PEP), Coca-Cola (NYSE:KO) and Philip Morris (NYSE:PM).
Of all of this is predicated on the assumption there will be a global and U.S. recovery, none of which are certain by any means.
It also appears brands are pulling back on their battle, which could boost margins and earnings for the companies.
All Goldman could say about the condition of the U.S. economy was that it's "less bad" than it has been; not a great generator of confidence.
The top picks of Goldman based on the assumption the U.S. economy will recover, are Church & Dwight (NYSE:CHD), P&G (PG) and PepsiCo (PEP).
If things go well economically across the globe, Goldman likes Coca-Cola Company (KO) and Philip Morris International (PM).
Believing 2011 will be a strong year for acquisitions, Goldman sees Hansen (Nasdaq:HNSN), Lorillard (NYSE:LO) and Mead Johnson (NYSE:MJN) as "Buys."
Finally, assuming inflationary conditions, their favorite in the sector is General Mills (NYSE:GIS).
Proctor & Gamble were trading at $64.89, up $0.85, or 1.34 percent, as of 1:03 PM Est. Pepsico was trading at $66.66, up $0.33, or 0.50 percent. Coca-Cola was at $63.00, up $0.31, or 0.49 percent. Philip Morris was trading at $56.48, up $0.46, or 0.82 percent.
Of all of this is predicated on the assumption there will be a global and U.S. recovery, none of which are certain by any means.
It also appears brands are pulling back on their battle, which could boost margins and earnings for the companies.
All Goldman could say about the condition of the U.S. economy was that it's "less bad" than it has been; not a great generator of confidence.
The top picks of Goldman based on the assumption the U.S. economy will recover, are Church & Dwight (NYSE:CHD), P&G (PG) and PepsiCo (PEP).
If things go well economically across the globe, Goldman likes Coca-Cola Company (KO) and Philip Morris International (PM).
Believing 2011 will be a strong year for acquisitions, Goldman sees Hansen (Nasdaq:HNSN), Lorillard (NYSE:LO) and Mead Johnson (NYSE:MJN) as "Buys."
Finally, assuming inflationary conditions, their favorite in the sector is General Mills (NYSE:GIS).
Proctor & Gamble were trading at $64.89, up $0.85, or 1.34 percent, as of 1:03 PM Est. Pepsico was trading at $66.66, up $0.33, or 0.50 percent. Coca-Cola was at $63.00, up $0.31, or 0.49 percent. Philip Morris was trading at $56.48, up $0.46, or 0.82 percent.
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