Posts for Ticker ‘DD’

The 100 Hardest Working Brands In The World

hersheyThere are a number of ways to rank brand values. One of the most important is the level at which a brand contributes to the market value of a public company.

24/7 Wall St. asked Corebrand, the brand research and consulting firm, to look at the top 100 brands based their contribution to market capitalizaton. Using this method, the hardest working brand was Hershey (NYSE:HSY), followed  by Coca-Cola (NYSE:KO) and Harley-Davidson (NYSE:HOG)

Corebrand described the process briefly to 24/7 Wall. St.

24/7 Wall St.: Corebard often refers to the brands on this list as the”hardest working brands”. How did you come to that description?

Corebrand: There are a lot of people measuring and examining the “strongest brands” or the “most valuable brands”.  Our opinion is that examining one without the other is somewhat meaningless.  How “strong” a brand is nice to know but not very relevant unless you understand how that strength benefits business.  Similarly, “value” is little more than a measure of corporate size unless you understand the drivers of that value and how to influence it. By examining the strength of the brand and it’s contribution to total market value, we can help companies and their leadership manage that strength and value over time.

24/7 Wall St.: Is there any advantage or disadvantage to having a brand value be a very large percentage of market cap in the present and as an indication of a company’s future performance?

Corebrand: The brand will need to be in balance with the rest of the company’s assets.  A company should strive to have it’s brand strong enough to fend off competitors or changing market conditions but not so strong that it becomes overly dependent on the brand as a single driver of value.  If a company can achieve and maintain its appropriate maximum strength without becoming over-dependent, it will see greater returns in bull markets and retain greater value in bear markets.

The list: Read More »

5 Wins in DJIA Component Earnings (CAT, KO, DD, PFE, UTX)

Bull and Bear ImageWe have seen the earnings reports from all five DJIA components which were on deck to report this Tuesday.  We are seeing a theme here: almost all posted lower earnings from a year ago that still beat earnings estimates, but this continues the trend that it is on cost cuts and/or on much lower revenues from a year ago.  The earnings came from Caterpillar Inc. (NYSE: CAT), The Coca Company (NYSE: KO), EI DuPont de Nemours & Co. (NYSE: DD), Pfizer Inc. (NYSE: PFE), and United Technologies (UTX).

We provided details on each, with guidance where appropriate, some added color, and how well these have each done in stock performance since the June 30 close of Q2 and since the March 9 close where traders use as the end of the bear market on the index closing bell basis.
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5 DJIA Components Reporting Tuesday (CAT, DD, PFE, KO, UTX)

Bull and Bear ImageWe have provided some basic details on Tuesday’s earnings reports from DJIA components Caterpillar Inc. (NYSE: CAT), DuPont or EI DuPont de Nemours & Co. (NYSE: DD), Pfizer Inc. (NYSE: PFE), The Coca-Cola Company (NYSE: KO), and United Technologies Corp. (NYSE: UTX).

Included are the earningd estimates from Thomson Reuters.  Then we also gave some added color where applicable.  Lastly, we gave the performance of each stock since June 30 and then the recognized date of the close of March 9 that traders use for the day the bear market died.
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Top Analyst Downgrades (CCJ, CHKP, DISH, DD, KFT, MHP, PALM, ROSG, UBS)

These are this Wednesday morning’s top pre-market analyst downgrades and cautious research calls we have seen from Wall Street:

Cameco (CCJ) Cut to Sector Perform at Scotia.
Check Point Software (CHKP) Cut to Market Perform at FBR Capital.
Dish Network (DISH) Cut to Sell at Goldman Sachs.
DuPont (DD) Cut to Neutral at Goldman Sachs.
Kraft Foods (KFT) Cut to Hold at Argus.
McGraw-Hill (MHP) Cut to Hold at Argus.
Palm (PALM) Cut to Neutral at Credit Suisse.
Rosetta Genomics (ROSG) Cut to Hold at Cantor Fitzgerald.
UBS (UBS) Cut to Neutral at JPMorgan.

JON C. OGG

Top Analyst Upgrades and Downgrades (CHK, DD, FIG, FITB, KIND, MMC, MINI, STI, UNTD, VCLK)

These are the top ten pre-market analyst upgrades, downgrades, and initiations from Wall Street research this Thursday morning:

Chesapeake Energy (CHK) Cut to Hold at Argus.
DuPont (DD) Raised to Perform at Oppenheimer.
Fortress Investment Group (FIG) Raised to Outperform at KBW.
Fifth Third Bancorp (FITB) Cut to Market Perform at KBW.
Kindred Healthcare (KIND) Cut to Hold at Jefferies.
March & McLennan (MMC) Raised to Market Perform at KBW.
Mobile Mini (MINI) Cut to Hold at Needham.
SunTrust (STI) Cut to Market Perform at KBW.
United Online (UNTD) Cut to Hold at Jefferies.
ValueClick (VCLK) Raised to Buy at Merriman Curhan Ford.

JON C. OGG
AUGUST 6, 2009

DJIA Component Earnings Trifecta (DD, MRK, UTX)

Money Stack ImageSo far we have three DJIA components with earnings out.  DuPont (NYSE: DD), Merck & Co. (NYSE: MRK), United Technologies (NYSE: UTX) have all posted earnings.  So far there are no train wrecks and technically these are above the Thomson Reuters consensus estimates as far as the earnings per share numbers numbers are concerned.  All details are below.
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Earnings Previews for 11 of 30 DJIA Components This Week (CAT, DD, MRK, KO, PFE, BA, MMM, AXP, T, MCD, MSFT, MO)

This week will mark the first crest of earnings season as we have 11 of the 30 DJIA components reporting earnings this week alone.  On Tuesday, we have earnings from Caterpillar Inc. (NYSE: CAT), DuPont (NYSE: DD), Merck & Co., Inc. (NYSE: MRK), The Coca-Cola Company (NYSE: KO).  On Wednesday, we have Pfizer Inc. (NYSE: PFE) and Boeing Co. (NYSE: BA) on deck.  On Thursday, we have 3M Company (NYSE: MMM), AT&T, Inc. (NYSE: T), McDonald’s Corporation (NYSE: MCD) and Microsoft Corp. (NYSE: MSFT).  Altria Group, Inc. (NYSE: MO), a fairly recent DJIA-booted also reports Wednesday.  We have detailed earnings estimates and additional preview data below:
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The Silver Lining of Lower DJIA Earnings (CAT, KO, DD, IBM, MRK, UTX)

money-stack-image43There have been some pretty poor reports on earnings from DJIA components such as Caterpillar Inc. (NYSE: CAT), The Coca-Cola Company (NYSE: KO), EI DuPont de Nemours & Co. (NYSE: DD), International Business Machines Corp. (NYSE: IBM), Merck & Co. Inc. (NYSE: MRK), and United Technologies Corp. (NYSE: UTX).  But there may be a flip-side here for the ultra-bullish traders.  These estimates are being lowered to extreme levels and the bar may be set very low for the future.
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DuPont (DD) Earnings Collapse On Flagging Demand, Firm Cuts Forecasts

water-lilies11DuPont ((DD) had nothing good to say about its earnings other than that they were in line with its expectations.

The firm announced that net income for the first quarter 2009 was $488 million versus $1,191 million in the prior year. Consolidated net sales in the first quarter of $6.9 billion were 20% lower than prior year. Read More »

Top 10 Analyst Upgrades & Downgrades (AMGN, COP, DD, GENZ, GS, MON, MOS, BBY, PBR, VMW)

These are ten of the top impact research calls with upgrades and downgrades from Wall Street early this Friday morning:

Amgen (AMGN) Raised to Overweight at JPMorgan.
ConocoPhillips (COP) Raised to Buy at Goldman Sachs.
DuPont (DD) Started as Buy at UBS.
Genzyme (GENZ) Started as Buy at Piper Jaffray.
Goldman Sachs (GS) Started as Outperform at FBR.
Monsanto (MON) Started as Buy at UBS.
Mosaic (MOS) Started as Buy at UBS.
Best Buy (BBY) Removed from Goldman Sachs Conviction Buy List, but maintained as “Buy.”
Petrobras (PBR) Cut to Hold at Deutsche Bank.
VMware (VMW) Cut to Sell at Auriga.

JON C. OGG
March 27, 2009

DuPont Ignores Solar Market Woes (DD)

solar-panel-pic15DuPont, or EI DuPont de Nemours & Co. (NYSE: DD), has announced an initiative today that would have been cheered by investors a few months ago.  The company is continuing to expand its solar operations.  The problem is that the company is doing this  just about every solar company in the world has discussed slowing orders and other players are reducing capacity.  DuPont anticipates that the photovoltaic market will grow by double digits over the next several years.
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Cramer Picks DJIA 5,320 As Absolute DJIA Bottom (GM, AA, AXP, BA, PG, KO, T, VZ, DD)s

cramer-imageOn CNBC’s Stop Trading segment today, Jim Cramer said that he ran the worst case scenario on all of the DJIA components, and the worst level he can come up is  5,320.  He said he did a bottom-up approach on each individual component and attached a reasonable worst case scenario for each.
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Despite Issues, BP Kicks Off Cellulosic Ethanol Project (BP, VRNM, DD)

bp-logoMaking ethanol from corn has fallen out of favor. The next big thing is making the stuff from non-food feedstock like switchgrass, corn stalks, and wood chips. There is a lot of potential here, but some of the problems with corn-based ethanol remain.  BP plc (NYSE: BP) has announced a joint venture with Verenium Corporation (NASDAQ: VRNM) to develop a cellulosic ethanol plant in Florida capable of pumping out 36 million gallons of ethanol annually.
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Top Pre-Market Analyst Upgrades (BIDU, BBY, CLX, DO, DD, MCHP, SOHU, WFT, STJ, SUNH)

Money_stack_picThese are some of the top pre-market analyst upgrades and positive research calls we are seeing from Wall Street this Wednesday morning:

  • Baidu.com (BIDU) Started as Outperform at Bernstein.
  • Best Buy (BBY) Raised to Overweight at Barclays.
  • Clorox (CLX) Raised to Hold at Citigroup.
  • Diamond Offshore (DO) Raised to Buy at Goldman Sachs.
  • DuPont (DD) Started as Outperform at Credit Suisse.
  • Microchip Tech (MCHP) Raised to Overweight at Barclays.
  • Sohu.com (SOHU) Started as Outperform at Bernstein.
  • Weatherford (WFT) Raised to Overweight at JPMorgan.
  • St. Jude Medical (STJ) Raised to Outperform at William Blair.
  • Sun Healthcare (SUNH) Raised to Buy at Citigroup; Started as Outperform at RBC.

Jon C. Ogg
January 28, 2009

DuPont Losses Reach Staggering Proportion (DD)

Burning_money_picIf you thought that the chemicals and materials sector was immune from the recession, guess again.  This morning DJIA component DuPont (NYSE: DD) posted a loss for the Q4-2008 period.  It might not be a surprise that business slowed to a crawl with sales volumes off roughly 20%, but the outlook here is where it gets interesting.

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2009 Dogs Of The Dow, Mostly Dogs In 2008 (AA, T, BAC, C, DD, GE, JPM, MRK, PFE, VZ)

It looks like we have our most likely candidates for the "Dogs of the Dow" for 2009.  This is often misunderstood as an investment vehicle.  These are the 10 highest dividend-yielding stocks out of the 30 DJIA components rather than the worst 10 of 30 DJIA performers from the prior year.  When you go back and look, there are many of these which actually were among the worst performers.  As of yesterday morning we had not seen any formal announcements as to which DJIA components were on this list, so do not be shocked if there are some changes.  Also, another thing to consider is that the dividend "actuality" may change in many of these financial stocks as some announcements have already been made.

DJIA Component (Ticker)              YIELD
Alcoa (NYSE: AA)                        6.40%
AT&T (NYSE: T)                           5.90%
Bank of America (NYSE: BAC)      9.70%   
Citigroup (NYSE: C)                      9.40%
DuPont (NYSE: DD)                      6.50%
General Electric (NYSE: GE)         7.80%
JPMorgan Chase (NYSE: JPM)      4.90%
Merck (NYSE: MRK)                     5.10%
Pfizer (NYSE: PFE)                       7.20%
Verizon (NYSE: VZ)                       5.50%

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Projecting The 2009 Dogs of the Dow (AA, T, BAC, C, DD, GE, JPM, MRK, PFE, VZ)

Money_stack_pic_2The Dogs of the Dow are often misunderstood as an investment vehicle.  These are technically the 10 highest dividend-yielding stocks out of the 30 DJIA components.  The formal list of the ten Dogs of the Dow has not yet been released, so don’t be too shocked if this list ends up being slightly different than what you see below:

DJIA Component (Ticker)              YIELD
Alcoa (NYSE: AA)                        7.20%
AT&T (NYSE: T)                           5.90%
Bank of America (NYSE: BAC)      9.50%   
Citigroup (NYSE: C)                      9.40%
DuPont (NYSE: DD)                      6.60%
General Electric (NYSE: GE)         7.70%
JPMorgan Chase (NYSE: JPM)      5.10%
Merck (NYSE: MRK)                     5.20%
Pfizer (NYSE: PFE)                      7.50%
Verizon (NYSE: VZ)                      5.60%

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Top Pre-Market Analyst Upgrades (ALU, ASR, BMY, DD, FORR, HE, QCOM)

There are few positive calls this morning from Wall Street analysts, but these are the ones we have caught this morning:

  • Alcatel-Lucent (ALU) Raised to Sector Perform at RBC.
  • ASUR (ASR) Raised to Buy at Deutsche Bank.
  • Bristol-Myers Squibb (BMY) Raised to Buy at Citigroup.
  • DuPont (DD) Started as Buy at Jefferies.
  • Forrester Research (FORR) Raised to Outperform at William Blair.
  • Hawaiian Electric (HE) Raised to Outperform at R.W. Baird.
  • Qualcomm (QCOM) Started as Outperform at William Blair.

Jon C. Ogg
December 10, 2008

DJIA Losing 3 Trifecta (T, DD, MRK)

It is easy to get pumped up about overseas rate cuts, but there is cautionary data from at least three DJIA components.  Wal-Mart is the economic trade-down so that win in retail sales is a little muted.  AT&T Inc. (NYSE: T), DuPont (NYSE: DD), and Merck (NYSE: MRK) all have cautious news this morning.

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Tuesday’s Earnings Represent True Economy Strengths & Weakness (MMM, AAPL, CAT, DD, LMT, NSC, YHOO)

Tuesday is going to look like it is a true earnings bogey for the entire economy with major industrials and other companies which are representative of the strength or weakness of the entire economy.  We have earnings from 3M Co. (NYSE: MMM), Apple Inc. (NASDAQ: AAPL), Caterpillar (NYSE: CAT), DuPont (NYSE: DD), Lockheed Martin Corporation (NYSE: LMT), Norfolk Southern Corp. (NYSE: NSC), and Yahoo Inc. (NASDAQ: YHOO).  There are others reporting as well, but these below are the ones we have chosen to issue preview over.  Here we have given overall pull-backs from highs, detailed expectations, changes expected from last year, guidance expectations, and other individual metrics.

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