Consumer Staples |
The Board of Directors of PepsiCo, Inc. (NYSE: PEP) today declared a quarterly dividend of $0.45 per share on PepsiCo common stock. The dividend is payable January 4, 2010, to shareholders of record on December 4, 2009. This quarterly dividend is a 6 percent increase versus the comparable year-earlier period.
Nov 13 · 11:42:00 AM · Source: Company News
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by Larry Etter
Walmart, the world’s largest retailer, said Thursday its third-quarter profit rose 3.2 percent to $3.24 billion, or 84 cents a share, from $3.14 billion, or 80 cents, a year earlier. Net sales increased 1.1% to $98.67 billion and would have risen 3.8% excluding currency changes.
Profits, which topped estimates,were helped by inventory management, and the company forecast sales for the fourth quarter would be little changed. Q3 sales were below analyst expectations.
Nov 12 · 9:36:00 AM · Source: Company News
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by Larry Etter
Avon Products, Inc. announced that it has declared a regular quarterly dividend on its common stock of $0.21 per share, payable on December 1, 2009, to shareholders of record November 20, 2009.
Nov 9 · 4:10:00 PM · Source: Reuters
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by Michael Oliveto
Wal-Mart, already engaged in a price war with Amazon, upped the ante heading into the holiday season, cutting the online pre-order prices of some upcoming DVDs to $10 after last month's Web-boom price war over books.
Amazon and Target then cut their own prices. That pushed the No. 1 retailer to take a few more cents off, dropping its prices down to $9.98.
Nov 9 · 3:30:00 PM · Source: Investors.com · Related: Amazon
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by Michael Oliveto
Costco Wholesale Corporation Thursday reported net sales of $5.68 billion for the month of October, the four weeks ended November 1, 2009, an increase of seven percent from $5.30 billion in the same four-week period last year.
The company's sales topped expectation.
Nov 5 · 10:42:00 AM · Source: Company News Release
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by Larry Etter
Unilever, the consumer goods giant, said it had third quarter profits of euro1.05 billion ($1.56 billion), down from euro1.64 billion in the same period last year. Last year's period had a euro487 million gain on the sale of Unilever's seasonings businesses. Revenues were down 1.9 percent to euro10.2 billion.
Despite the fall in profit, the company's CEO said the results showed "good progress across all regions and the majority of countries and categories" when compared with the second quarter.
Nov 5 · 10:33:00 AM · Source: Company News Release
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by Larry Etter
CVS's third-quarter profit increased 39% to $1.02 billion, or 71 cents a share, from $736 million, or 50 cents a share, a year earlier. Excluding acquisition-related costs, earnings rose to 76 cents from 60 cents. Adjusted earnings from continuing operations were 65 cents per share, excluding an 11 cent income tax benefit. Revenue rose 18% to $24.64 billion, in part on the acquisition of Longs.
Profits were stronger than expected.
Nov 5 · 10:21:00 AM · Source: Company News Release
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by Larry Etter
Molson Coors Wednesday said it earned $235.3 million, or $1.26 a share, in the third quarter, up from $171.3 million, or 92 cents a share, in the same quarter of 2008. On an adjusted basis, the company said it would have earned $1.14 a share, up from 93 cents. Revenue net of excise taxes came in at $854 million, down from $924 million as global volume fell almost 3%.
Nov 4 · 12:59:00 PM · Source: Company News
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by Larry Etter
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