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"Our goal is helping investors grow their capital and income base from which to derive cash for their current and future needs," notes dividend expert Kelley Wright.
The editor of Investment Quality Trends explains, "To that end we believe that high-quality stocks purchased at historically low-price-to-high-yield offers the best potential for downside protection and upside appreciation. Our Timely Ten list represents our current top ideas.
molsoncoors posts
FeedThe Timely Ten: Blue Chip Dividends
Chasing Value: TAP into a Real Bargain
Although many stocks are at or near 52-week highs and the bargains are getting harder to come by, they still can be found with only a modest amount of effort. One such opportunity may be Molson Coors Brewing Company (TAP).The closing price for the stock on Tuesday April 6 was $42.89. The 52-week high of $51.33 was reached mid October 2009 -- six months ago. At a time when many stocks are at or near their 52-weeks highs, TAP is trading at a 20% discount.
Quality Yields: IQ Trend's Timely Ten
"Our primary purpose is to assist investors in growing their capital and income base from which to derive cash for their current and future needs," says Kelley Wright.
The editor of IQ Trends -- and author of the just-released book Dividends Still Don't Lie -- explains, "To that end we believe that high-quality stocks purchased at historically low-price-to-high-yield offers the best potential for downside protection and upside appreciation.
As economy flounders, people still drink beer
I see it most on Friday afternoons, no matter what the weather: people dressed in uniforms from blue-collar jobs, or dirty overalls, trudging down the street towards their homes, carrying a case of beer, in cans. Sometimes there will be another item in a plastic bag from the corner convenience store: a bag of potato chips, maybe. But the beer never changes.Even more of it than last year, says MillerCoors, the U.S. combination of Molson Coors Brewing Company (NYSE: TAP) and SABMiller Plc (OTC: SBMRY). According to MillerCoors Chief Commercial Officer Tom Long, growth is slowing but, despite a recession, is slowing less than wine or spirits growth; down to 0.6% for 2009-2012 compared to 0.9% between 2004-2008. Among Miller and Coors brands showing market share growth are Miller Lite, Coors Light, Miller Genuine Draft 64, Blue Moon Beer (a craft beer), Miller High Life and Keystone Light. First quarter sales for the company were up 3.8% for profit of $68.5 million.
Continue reading As economy flounders, people still drink beer
Molson Coors Brewing serves up quarterly earnings
Although commodity cost pressures continued, Molson Coors Brewing Company (NYSE: TAP) saw its quarterly earnings climb 51% compared to a year ago. Net income excluding special items rose 46% to $216.4 million, far better than the pro forma profit of $136.6 million a year ago.According to the brewery, five of its six focus brands saw sales to retailers increase. The lone declining brand was Miller Lite, which decreased in the mid-single digits. Coors Light saw its sales to retailers increase in the low single digits, Keystone Light saw a double-digit increase, Miller High Life saw a mid-single-digit increase, and (my wife's favorite beer) Blue Moon helped drive TAP's craft and import portfolio higher. Miller Genuine Draft saw sales to retailers increase after a decade of drops thanks to growth from MGD 64. TAP's total sales increased 3% thanks to pricing strength that offset a 2% drop in volumes. TAP expects to achieve $238 million in synergies by the end of 2009, which is higher than its original forecast of $225 million.
Continue reading Molson Coors Brewing serves up quarterly earnings
Options Update: Beverage purveyors volatility's are Flat
Coca-Cola (NYSE: KO) closed at $43.29. KO is scheduled to report Q4 EPS on February 12. KO February option implied volatility of 36 is near its 26-week average of 34, according to Track Data, suggesting non-directional price movement.
PepsiCo (NYSE: PEP) closed at $50.44. PEP is scheduled to report Q4 EPS in early February. PEP February option implied volatility of 35 is near its 26-week average of 33, according to Track Data, suggesting non-directional price movement.
Hansen Natural (NASDAQ: HANS) closed at $33.33. HANS is expected to report Q4 EPS in late February. HANS February option implied volatility is at 61, March is at 67; below its 26-week average of 72, according to Track Data, suggesting less price movement.
Molson Coors (NYSE: TAP) closed at $42.93. TAP is scheduled to report Q4 EPS on February 10. February option implied volatility of 42 is near its 26-week average of 39, according to Track Data, suggesting non-directional price movement.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.
Could beer companies stand to gain from the economic slowdown?
When I heard that the CEO of Miller Brewing Co. said Thursday he sees a trend of consumers buying cheaper beers, I was wondering whether consumers might also be switching not just from more expensive beers to cheaper ones, but from more expensive alcoholic drinks to beer, which tends to be cheaper.Unfortunately for Miller, for which its parent SABMiller PLC reported earnings Thursday, so far the increase in sales of more economic beers has been at the expense of the more expensive ones. So my theory isn't much of one after all. I guess that food and gas still have a higher priority than beer, and we all know how much the price of these have risen lately.
Continue reading Could beer companies stand to gain from the economic slowdown?
Market highlights for next week: April sales results coming out
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Monday, May 5- Happy Cinco de Mayo!
- Day one of the two-day FDA Anesthetic/Life Support Drugs & Drug Safety/Risk Management Advisory Committees meeting: Purdue Pharma's NDA for Oxycontin.
- Anadarko Petroleum (NYSE:APC) to report Q1 earnings; conference call Tuesday at 10:00am.
- Day two of the two-day FDA Anesthetic/Life Support Drugs & Drug Safety/Risk Mgmt Advisory Committees meeting: Cephalon's (NASDAQ:CEPH) sNDA for Fentora.
- Molson Coors (NYSE:TAP) to report Q1 earnings; conference call at 12:00pm.
- Walt Disney Company (NYSE:DIS) to report Q2 earnings; conference call at 4:30pm.
- Marsh & McLennan (NYSE:MMC) to report Q1 earnings; conference call at 8:30am.
- Transocean (NYSE:RIG) to report Q1 earnings; conference call at 10:00am.
- Hot Topic (NASDAQ:HOTT) and Zumiez (NASDAQ:ZUMZ) to report April sales at 4:00pm.
- Wal-Mart (NYSE:WMT) to report April sales at 8:00am. Abercrombie & Fitch (NYSE:ANF) to report sales at 8:15am. Target (NYSE:TGT) to report sales at 8:30am.
- NVidia (NADAQ:NVDA) to report Q1 earnings; conference call at 5:00pm.
- PDUFA date for Adolor Corp (NYSE:ADLR) and GlaxoSmithKline's (NYSE:GSK) Entereg for management of Post-operative Ileus.
- American International Group (NYSE:AIG) to report Q1 earnings; conference call at 8:30am.
- Sotheby's (NYSE:BID) to report Q1 earnings; conference call at 9:00am.
Analyst initiations: Cardionet, Molson Coors, TIM Participacoes
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MOST NOTEWORTHY: Cardionet, Molson Coors and TIM Participacoes were today's noteworthy initiations:
- Cardionet (NASDAQ: BEAT) initiated with an Overweight, target $29 at Thomas Weisel, who believes Cardionet is well positioned for future growth in the ambulatory monitoring market.
- Molson Coors Brewing Co. (NYSE: TAP) was initiated with a Market Perform, target $61 at BMO Capital.
- TIM Participacoes (NYSE: TSU) was re-initiated with an Outperform at Bear Stearns.
OTHER INITIATIONS:
- Invesco (NYSE: IVZ) was initiated with an Overweight at J.P. Morgan.
- Orion Marine Group (NASDAQ: OMGI) was initiated with a Buy, target of $18, at SMH Capital.
- Seattle Genetics Inc. (NASDAQ: SGEN) was initiated with a Neutral, target of $12, at Bank of America.
The beer wars ramp up as Miller defames Anheuser-Busch Clydesdales
In the competitive brewing business, sometimes it's just hard to play nice. Over the weekend, Miller Brewing Co. -- a subsidiary of SAB Miller -- launched what appears to be a potential salvo in a ramped-up version of the "beer wars" of yesteryear. A new commercial for Miller Lite, which debuted during football games and NASCAR events, uses the iconic Dalmatian-and-Clydesdale image -- used for decades by Anheuser-Busch (NYSE: BUD) -- to pay tribute to its own number-two product. The Clydesdale-drawn wagon features a sign advertising "Miller Lite. Half the carbs of Bud Light." At the end of the commercial, the dog exits the wagon for a Miller truck, which speeds away.
BUD advertising officials were quick to respond, taking out a full-page-ad in yesterday's USA Today, imploring Miller to "keep up the bad work." Launching back, Miller representatives revealed plans to continue hammering home the facts that Miller Lite has "fewer carbs and more taste."
Continue reading The beer wars ramp up as Miller defames Anheuser-Busch Clydesdales
Analyst downgrades: ABT, BCS, SNDK, MSW and TXN
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MOST NOTEWORTHY: Abbott Labs, Barclays, SanDisk, Mission West Properties and Texas Instruments were today's noteworthy downgrades:- Wachovia downgraded shares of Abbott Labs (NYSE: ABT) to Market Perform from Outperform reflect several challenges to the company's key franchises. In particular, Wachovia cites the potential delay of the drug-eluting stent Xience launch in the U.S. and decelerating growth of Humira.
- ABN Amro downgraded shares of Barclays (NYSE: BCS) to Hold from Buy to reflect the capital markets, lower UK bank non-interest income and higher bad debts.
- Oppenheimer downgraded shares of SanDisk Corporation (NASDAQ: SNDK) to Neutral from Buy as they expect many of the advantages that drove shares to unwind in Q4 and into 1H08.
- Mission West Properties (NYSE: MSW) was downgraded to Hold from Buy at Stifel, as they now believe the possibility of a sale is 50%/50% and could be pushed back to 1H08.
- Think Equity downgraded shares of Texas Instruments (NYSE: TXN) to Source of Funds from Accumulate as they believe competition could hinder Q4 and 2008 growth for wireless.
- Citigroup downgraded Xyratex Ltd (NASDAQ: XRTX) and Valueclick (NASDAQ: VCLK) to Hold from Buy.
- Piper downgraded Nasdaq Stock Market (NASDAQ: NDAQ) to Market Perform from Outperform.
- Lehman downgraded Burlington Northern Santa Fe Corp (NYSE: BNI) to Equal Weight from Overweight and CSX Corporation (NYSE: CSX) to Underweight from Equal Weight.
- UBS downgraded Molson Coors (NYSE: TAP) to Neutral from Buy.
Molson Coors (TAP), SABMiller (SBMRY) to combine forces in U.S.
Beer giants SABMiller (OTC: SBMRY) and Molson Coors (NYSE: TAP) took a huge step toward grabbing market share in North America by announcing today their intention to combine U.S. operations into a new company, MillerCoors. The new entity will start with combined U.S. sales of of 69 million barrels of suds, net revenues around $6.6 billion and combined EBITDA of $842 million. The companies expect combined production and distribution to lop off around $500 million from the annual expense side within three years. SAB and TAP also expect the move to boost both companies' EPS within the second year after integration is complete.Voting interest in MillerCoors will be split 50/50, and the new company will be chaired by Peter Coors of Molson Coors. SABMiller, the larger of the two, will have a 58% financial interest.
Continue reading Molson Coors (TAP), SABMiller (SBMRY) to combine forces in U.S.
Goldman Earnings Sink After Buffett Dividend
Johnson & Johnson's Income Falls 23%
Burberry Shares Leap on Sales Update
