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Ten Valentine's Day Stocks to Hate

10 Valentine's Day stocks to hateNot all companies in these love-struck industries are good buys. Here are 10 stocks to break up with this Valentine's Day.

  • 1-800-Flowers (FLWS): A good gift, but a poorly run company that has posted a loss for three of the past four quarters.
  • Hershey (HSY): Missing out on the Cadbury merger was not so sweet for Hershey.
  • Cardiac Sciences (CSCX): It's hard to have a heart for a company that fails seven out of my eight fundamental screens.

Continue reading Ten Valentine's Day Stocks to Hate

Earnings Highlights: Aol, Burger King, Comcast, Hershey, Kellogg, UPS ...

Here are some highlights from this past week's earnings coverage on BloggingStocks:

  • Aol Inc. (AOL) reported a better-than-expected Q4 profit and said its revenue also topped estimates.
  • Burger King Holdings Inc. (BKC) higher Q2 earnings topped analysts' estimates but same-store sales fell.
  • Clorox Co. (CLX) higher Q2 earnings beat expectations and it lifted its full-year earnings guidance.
  • Comcast Corp. (CMCSA) Q4 earnings more than doubled and beat Wall Street expectations, but shares fell.
  • Gap Inc. (GPS) shares jumped after it forecast earnings above analysts' expectations, boosted by January sales.

Continue reading Earnings Highlights: Aol, Burger King, Comcast, Hershey, Kellogg, UPS ...

Hershey Improves Q4 Profit and Quarterly Payout

Hershey (HSY) had some positive news for shareholders today. According to the company's fourth-quarter report, net income increased a little under 7% to 63 cents per diluted share. That was three pennies better than expectations, as Earnings.com indicates.

It's good to come in ahead of estimates, but even better, management saw fit to increase the quarterly payout on the common stock by well over 7%. Shareholders will now get 32 cents per share every three months. As much as I enjoy an earnings beat, I love dividend increases even more. Sure, they might not mean much to traders, but for individuals who actually own stocks for purposes of building core portfolios, this is sweet news.

Continue reading Hershey Improves Q4 Profit and Quarterly Payout

Analyst Upgrades, Downgrades and Initiations: AA, DE, DUK, FCX, HYS, MA, MOT, V ...

Analyst Upgrades

  • Citigroup upgraded Freeport McMoRan (FCX) to buy from hold to reflect valuation, as well as its increased forecasts for copper and aluminum. The firm raised its price target on shares to $95 from $85.
  • Citigroup also upgraded Alcoa (AA) to buy from hold and reiterated a buy rating on Cliffs Natural (CLF).
  • William Blair upgraded WESCO International (WCC) to outperform from market perform. The upgrade reflects the firm's belief that WESCO's sales trends will become increasingly positive from easy comparisons over the next 12 months.
  • RBC Capital upgraded Thomson Reuters (TRI) to top pick from outperform. The firm sees attractive returns over the next 12 to 18 months as the company's headwinds subside, and it raised its target price on shares to $43 from $41.
  • Motorola (MOT) was upgraded to hold from sell at Societe Generale.
  • American Express (AXP) was upgraded to buy from neutral at BofA/Merrill.
  • Schnitzer Steel (SCHN) was upgraded to buy from neutral at UBS.

Continue reading Analyst Upgrades, Downgrades and Initiations: AA, DE, DUK, FCX, HYS, MA, MOT, V ...

Before the Bell: Futures Higher Ahead of Data

U.S. stock futures edged higher Tuesday morning, pointing to a potential second day of gains on Wall Street. As investors look to recover from January's down market, digesting more earnings this morning, they also await some economic data, including housing and auto sales and a Senate hearing on proposed new rules on financial reform.

Already on Monday, the tide started turning from January's depressed sentiment following strong manufacturing data and better-than-forecast Exxon Mobil earnings. The Dow industrials, the Nasdaq composite and the S&P 500 all finished more than 1% higher.

Continue reading Before the Bell: Futures Higher Ahead of Data

Analyst Upgrades, Downgrades and Initiations: AMLN, CI, CTXS, HSY, KRA, TSCO, TXN ...

Analyst Upgrades

  • Jefferies upgraded Citrix Systems (CTXS) to buy from hold and raised its target to $48 from $43, citing VMware's (VMW) strong Q4 report and survey results that indicate continued strength for Citrix.
  • Citigroup upgraded Amylin Pharmaceuticals (AMLN) to buy from hold on confidence the company's LAR drug will be approved following the approval of Novo Nordisk's (NVO) Victoza. Citi raised its target price for Amylin shares to $27 from $4.
  • Baird upgraded Texas Instruments (TXN) to outperform from neutral and raised its target to $30 from $28. The firm believes it is too early to take profits in Texas Instruments and notes that checks continue to indicate a continued recovery in end-demand.
  • Lexmark (LXK) was upgraded to overweight from equal weight at Barclays.
  • Salix (SLXP) was upgraded to outperform from perform at Oppenheimer.
  • Plexus (PLXS) was lifted to outperform from neutral at Credit Suisse.

Continue reading Analyst Upgrades, Downgrades and Initiations: AMLN, CI, CTXS, HSY, KRA, TSCO, TXN ...

Sweet Surrender: Cadbury Accepts New Kraft Offer

Kraft Foods (KFT) agreed a deal to buy Cadbury (CBY) for around 11.9 billion pounds ($19.6 billion), creating the world's top confectioner. Kraft had to increase its offer, injecting more cash into the bid to win over the 186-year-old Cadbury, which has finally surrendered its independence and accepted the sweetened offer.

Kraft's offer is 840 pence per Cadbury share, with shareholders also getting a 10 pence special dividend, bringing the offer to a total of 850 pence per share. The new bid has won unanimous recommendation from the Cadbury board. Cadbury shares hit a record high of 838 pence in early trade in London and jumped over 5% to $54.63 in premarket trading.

Continue reading Sweet Surrender: Cadbury Accepts New Kraft Offer

Hershey May Be Looking to Pick Up Cadbury

Hershey Cadbury Deal PossibilityShares of Cadbury (CBY) are moving slightly higher today, on news that Hershey (HSY) could be announcing a solo bid for the company as early as next week.

It was just a couple days ago that Cadbury rejected another bid, for $16.91 billion from Kraft Foods (KFT).

Continue reading Hershey May Be Looking to Pick Up Cadbury

Options Update: IBM February Volatility Low at 21; Shares Near Record High

IBM (IBM) closed at $130.57. IBM is expected to report Q4 EPS on Jan. 19. January option implied volatility is at 16, February is at 21, April is at 22; below its 26-week average of 24 according to Track Data, suggesting decreasing price movement.

Cadbury PLC (CBY) closed at $50.81. The European Commission's has a Jan. 6 deadline for reviewing Kraft's (KFT) plan to buy CBY. Cadbury, the world's second largest confectioner, rejected Kraft's buyout bid in November. Hershey (HSY) and Italy's Ferrero have said they are considering rival offers for Cadbury. January call option implied volatility is at 26, puts at 29, March volatility is at 27; verses its 26-week average of 27, according to Track Data.

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.

Cadbury continues to fight a hostile takeover from Kraft

This morning, Cadbury (CBY) lifted its sales and margin forecasts. Some believe this is a move to stop a hostile takeover from Kraft (KFT). Cadbury upped its sales and margin forecasts to reflect organic revenue growth of 5% to 7% a year during the next four years. This forecast is up from its previously forecast range of 4% to 6%. Cadbury also believes it will have improved margins of 16% to 18% by 2013.

Cadbury chairman Roger Carr told shareholders, "Kraft is trying to buy Cadbury on the cheap to provide much-needed growth to their unattractive low-growth conglomerate business model. Don't let Kraft steal your company with it derisory offer."

Continue reading Cadbury continues to fight a hostile takeover from Kraft

Before the bell: Futures fall after housing, inflation data

U.S. stock futures edged higher Wednesday morning, a little above the 13-month highs they reached Tuesday, as investors await key data figures, including consumer prices and housing starts. As traders take a breather from the recent runup in stocks, the same trends that pushed markets higher on Tuesday remain: the dollar dropped and commodities soared, driving mining stocks higher in overseas markets.

[Update 8:30 a.m.: October housing starts were down 30% from last year, the weakest since April. CPI rose 0.3% in October on higher energy, car prices. At first glance, these figures may affect the mood negatively. 8:35 a.m.: Stock market futures are declining, indicating a lower start.]

Continue reading Before the bell: Futures fall after housing, inflation data

Tomorrow's gurus shine in NYSE Financial Future Challenge

The future investment stars are already with us. The NYSE Financial Future Challenge, operated by the NYSE Foundation, By Kids for Kids, K12 Inc. and the United Investors Association, is in full swing, with five finalists just identified. To reach this level, the participants had to develop a new product, idea or process that would "excite, educate and motivate their peers" to become interested in the financial marketplace. The eventual winner lurks within this subset and will receive a $2,500 prize -- a great way to get that portfolio started. And, he or she will be feted at a closing bell ceremony at the NYSE (NYX) on January 11, 2010.

The finalists presented a variety of ideas which are sure to generate some buzz. Kelsey Foss, a 12-year-old from Mountainville, NY, proposed a new television show, "Stock Market Tycoon Idol," which would harness the popularity of reality TV while amping up the content. The program would involve the journeys of 10 kids as they seek to make money or lose it, with the possibility of becoming virtual millionaires along the way. The show would be set at a mock NYSE studio on Wall Street, and exports would be brought out to mentor the contestants. The reality TV reach would help engage a younger audience.

Continue reading Tomorrow's gurus shine in NYSE Financial Future Challenge

Earnings highlights: Aflac, Avon, BP, Hershey, Kellogg, Nintendo, P&G, Sprint ...

Here are some highlights from last week's earnings coverage from BloggingStocks:

Continue reading Earnings highlights: Aflac, Avon, BP, Hershey, Kellogg, Nintendo, P&G, Sprint ...

Halloween stocks offer investors a chance at financial treats

Halloween, though not the blockbuster holiday that Christmas is, still results in some additional spending on the part of consumers as they stock up on candy and costumes, and maybe take in a scary movie or two. With those treats in mind here are some stocks that may give investors sweet dreams -- and hopefully not nightmares.

As is well known, candy is all the rage at Halloween, and among the largest candy stocks are Hershey Co. (NYSE: HSY) and Cadbury PLC (NYSE: CBY). Last week, Hershey reported third-quarter earnings rose 30% despite weaker volumes affected by higher prices for its sweets. Last year's numbers also included special charges. Still the company said it expects full-year earnings to be ahead of Wall Street forecasts. In 2010, the Pennsylvania company said it expects earnings excluding items to rise 6% to 8%. The stock has a forward-looking price-to-earnings ratio of 16 and a current dividend yield of 3.1%.

Continue reading Halloween stocks offer investors a chance at financial treats

Earnings highlights: Amazon, Apple, Caterpillar, Hershey, McDonald's, UPS ...

Here are some highlights from last week's earnings coverage from BloggingStocks:

Continue reading Earnings highlights: Amazon, Apple, Caterpillar, Hershey, McDonald's, UPS ...

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Last updated: May 24, 2012: 09:35 PM

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