[Zacks] - Yesterday, Waren Buffett, the chairman and CEO of Berkshire Hathaway Inc. announced its intention to buy 20% of Wesco Financial Corp. , a company run and controlled by Charles T. Munger.
[Zacks] - SLE announced today that its CEO Brenda C. Barnes will resign from the positions of Chairman and Chief Executive Officer. She was on a prolonged medical leave since May 14, 2010 following a stroke.
[Zacks] - Earnings per share came in at €0.36 in the quarter, up 33% from the prior-year quarter but well below the Zacks Consensus Estimate of 51 cents.
'Low mortgage rates,' Pampers, 'oil rig explosion,' Burger King, 'Windows mobile phones' and 'retirement planners' are the trending topics on Google and Yahoo. 2010 09 02 17:12
We’ve all heard about “too big to fail”…but what about too big to succeed? In a recent letter, Research Affiliates discussed this very topic, and it deserves another mention.
The question: are large-cap, blue chip stocks a good deal…or are they really too big to succeed? The answer: It depends on who you ask. According to some fund managers, blue chips are a bargain. BlackRock Global Allocation Fund manager Dennis Stattman likes U.S. large-caps with global franchises (like Microsoft (MSFT) and Johnson & Johnson (JNJ)), with strong cash flows and attractive dividend yields (compared to Treasuries). Stattman...
Berkshire Hathaway (BRK.A), aka Warren Buffett, has paid only one dividend since Buffett gained control. In 1967, Berkshire paid a dividend of 10 cents on its shares. It’s never happened again. Buffett has said he "must have been in the bathroom when the dividend was declared.”
Berkshire Hathaway is famous for not paying dividends despite having billions of dollars in cash. The company has many critics who believe that the company should “reward” or “return money to” shareholders. I am not one of those critics. I believe that Berkshire/Buffett has...
The following is a list of the ten most and least volatile S&P 500 stocks during the month of August. To create this list, we looked at dispersion of returns, as measured by the average daily high/low trading ranges.
Church & Dwight (CHD) is a manufacturer of household, personal care, and specialty products under such brands as Arm & Hammer, OxiClean, Trojan and Spinbrush. It operates in three segments: Consumer Domestic, Consumer International, and Specialty Products.Church's top 8 brands account for 80% of sales and profits, and geographically, the US accounts for almost 80% of sales.
The first six of these reasons refer to the GDP number that came in last week at a 1.6% growth rate. Down from the 2.4% growth people originally thought, but better than the 1.4% revision people were expecting. Still, it was a great number:
A) It was positive. Certainly 1.6% growth is better than negative growth. We've now had 4 quarters in a row of positive GDP growth. Clearly we are not in a recession. Are we heading for a double-dip? I doubt it. Based on the conclusions below:
Making things in China is cheap. Buying things in China is not.
People living elsewhere, or ones like me who move here, will be rather surprised to find out how expensive prices are for many of the more familiar brand-name products on sale in China. At current exchange rate of 6.78 renminbi to the dollar, many goods and services in China are sold at prices similar to the US.
Years ago, the Economist came up with their “Big Mac Index” as a way to measure real exchange rates. In their most recent survey, the renminbi looks 48%...
Somaxon Pharmaceuticals (SOMX) has finally delivered a deal on Silenor, and it is an unusual one. For a fixed fee and royalties, Somaxon has hired the OTC sales force of consumer products giant Procter & Gamble (PG) for a September launch of the insomnia medication, a deal that leaves the smaller partner with nearly all of the potential revenue but also nearly all of the risk.
The deal points up the need for brand awareness in the highly competitive and genericised...
Procter & Gamble (NYSE: PG) earned $0.71 per diluted share in fiscal 2010's fourth quarter, which ended 30 June. Earnings per share decreased 11 percent when compared to the $0.80 P&G made in the same quarter of 2009.
Core EPS, a non-GAAP measure that excludes certain items, fell from $0.78 to $0.71.
Somaxon Pharmaceuticals (SOMX) announced on Wednesday, August 25, that Procter & Gamble (PG) will be co-promoting the company's only drug, Silenor. Silenor was approved by the FDA in March of 2010 for the treatment of insomnia characterized by difficulty with sleep maintenance. Somaxon will likely transform from a development stage company to one with actual revenues during the last quarter of this year as Silenor is slated to launch in late September. We take a look at how...
Sept. 06--You've reserved your electric vehicle and can't wait to zip around town in an all-electric Nissan Leaf, plug-in Chevrolet Volt or one of the models soon to hit the road. But choosing the ...
By Chip Brian Below are the top five companies in the Household Products industry as measured by relative performance. This analysis was compiled based on yesterday's trading activity as we search ...
By Don Reisinger The CIO should be a change agent, transforming the way business gets done, says Procter & Gamble CIO Filippo Passerini. The Great Recession has been jolting companies around the ...
By Anand Chokkavelu, CFA | More Articles David Gardner called Netflix in 2004 at $15.42. He's up 684% as of July 13th. See what David's recommending that you buy NEXT. Numbers can lie -- but they ...
Ford Motor Company (NYSE:F) added 3.50% to $12.12 on over 47.57 million shares. Ford Motor Company is a producer of cars and trucks. Ford and its subsidiaries also engage in other businesses ...
It has vowed to "rebuild trust" with customers. (As an aside, I'm not sure how you REbuild something you never built in the first place but, by all means, show us what you got.) Anyhoo, this trust ...
By Chip Brian Below are the top five companies in the Household Products industry as measured by relative performance. This analysis was compiled based on yesterday's trading activity as we search ...
By Lauren Coleman-Lochner - Thu Sep 02 20:15:42 GMT 2010 A customer service representative sorts through a customer's drop-off laundry order at the Procter & Gamble Co. Greenfield Tide Dry ...
New York, September 1st (TradersHuddle.com) - The Dow Jones Industrial Average is higher trading at 10249.2, which represents 2.34% versus its previous trading session close. The blue chip index ...
1. Written by Nixon21Louisa on 11-07-2010 14:22 - Registered
It is well known that money makes people disembarrass. But how to act if someone does not have cash? The only one way is to receive the mortgage loans or bank loan.
Stock News 
