Kimberly-Clark Corp. (NYSE: KMB) managed to beat earnings expectations with $1.30 per share versus estimates of $1.28 per share. Revenues were only up 0.2% year-over-year to $5.27 billion. We had estimates at $5.26 billion.…
Whole Foods Market, Inc. (NASDAQ: WFM) is seeing shares surge after earnings. The organic and luxury grocery chain reported quarterly earnings of $0.63 EPS and a 14% rise in sales to $2.7 billion. The…
Since hitting 52-week highs in mid-April, mattress and bedding companies have moved sharply lower. The highs followed solid first-quarter earnings reports, and the direction change followed a warning on earnings from Tempur Pedic International…
Altria Group Inc. (NYSE: MO), makers of Marlboro cigarettes for the U.S. market, reported second-quarter results this morning, posting earnings per share (EPS) of $0.60 on revenue of $4.6 billion. Thomson Reuters had consensus…
Hasbro (NASDAQ: HAS) shares rallied in early trading after earnings exceeded Wall St.’s expectations. The second-largest U.S. toymaker said this morning that its second-quarter net earnings, excluding charges, totaled $46.0 million, or $0.33 per…
Five Below, Inc. (NASDAQ: FIVE) has priced its initial public offering of 9,615,384 shares of common stock. The deal is a premium price at $17.00, well above the initial range signaled by the company.…
Jon OggThe turnaround and potential activist investor situation surrounding DJIA component Procter & Gamble (NYSE: PG) just became a bit more interesting. There have been reports that the company’s board of directors was considering…
Five Below, Inc. is set to have a larger initial public offering versus prior expectations. The teen and youth $5 and under merchandise retailer is now planning to offer about 9.6 million shares. The…
Jon OggNews that activist investor Bill Ackman’s Pershing Square is going after Procter & Gamble (NYSE: PG) has certainly rekindled interest in what was growing (or declining) into nothing more than just another dead…
The retail inflation reading for the month of June has now been released by the Labor Department. The Consumer Price Index for the month of June came in on a headline basis at 0.0%,…
Sometimes analyst upgrades and downgrades matter, and sometimes they do not. Sotheby’s (NYSE: BID) is finding that they sure matter this Monday. We might usually skip an analyst upgrade or downgrade on a company…
Two economic reports are driving interest this morning. The key Empire Manufacturing report brought some surprise growth in the July report, but retail sales from June managed to go into the red again. The…
Shares of Wal-Mart Stores Inc. (NYSE: WMT) posted an all-time high over $73/share this morning as investors continue to react to yesterday’s terrible earnings report from Supervalu Inc. (NYSE: SVU). In comments on Supervalu’s…
Is it bad luck to release a sentiment index reading on Friday the 13th? Apparently so. The Reuters/University of Michigan preliminary sentiment index for July came in at a very disappointing 72.0. That is the…
The Labor Department’s report on wholesale inflation remains muted. The Producer Price Index for the month of June was up by +0.1% and the core-rate which excludes food and energy was up by +0.2%. …