Headline News

Avon Products (AVP)

Avon 5% Increase In Regular Quarterly Dividend

Avon Products announced a 5% increase in its regular quarterly dividend. The new dividend rate will be $.22 per common share, up from $.21 per share, beginning with the first-quarter dividend payable March 1, 2010, to shareholders of record February 23, 2010.
At today's stock price of $29.40, Avon currently yields 3.0%.

Feb 10 · 1:16:00 PM · Source: Company Press Release
Track · email · face · Twitter · digg · COMMENTS
by Rich Pike

Coca-Cola (KO)

Coke's Net Up 55%

Coca-Cola Co. said Tuesday its fourth-quarter profit rose 55%, $ to 1.54 billion, or 66 cents a share, in the period vs. $995 million, or 43 cents a share, in the same quarter a year ago. Revenue at the Atlanta-based company rose to $7.51 billion from $7.13 billion.
A gain in volume was the good news, and helped send the stock up at the opening.

Feb 9 · 12:19:00 PM
Track · email · face · Twitter · digg · COMMENTS
by Michael Oliveto

Supervalu (SVU)

Supervalu Posts Profit, Maintains View for Year

Supermarket company Supervalu, whose regional brands banners include Albertsons and Jewel-Osco, posted net income of $109 million, or 51 cents a share, for its fiscal third quarter. In the year-earlier period, it had a net loss of $2.94 billion on a massive non-cash charge. Sales in the latest period fell to $9.22 billion from $10.17 billion.
Earnings topped expectatations and it maintained its full-year forecast.

Jan 12 · 11:12:00 AM · Source: Company News Release
Track · email · face · Twitter · digg · COMMENTS
by Larry Etter

ConAgra Foods (CAG)

Conagra Posts Strong Quarterly Earnings

ConAgra Foods said Monday its net profit increased to $239.7 million, or 54 cents a share, in the fiscal second quarter that ended Nov. 29 from $168.1 million, or 37 cents a share, a year earlier. Total sales fell about 2.4 percent to $3.17 billion.
Earnings and sales topped analyst expectations.

Dec 21 · 1:36:00 PM · Source: Company News
Track · email · face · Twitter · digg · COMMENTS
by Larry Etter

Walgreen (WAG)

Walgreens Posts Record Quarterly Earnings/Sales

Walgreens Monday said it posted record earnings and sales for the fiscal first quarter of 2010. First quarter net earnings were $489 million, or 49 cents per share, a 19.6 percent increase from $408 million from 41 cents per diluted share a year ago. First quarter 2010 results include the impact of 3 cents per diluted share in restructuring and related costs associated with the company's Rewiring for Growth initiative. First quarter sales increased 9.5 percent from the prior-year quarter to $16.4 billion. Total sales in comparable stores (those open at least a year) increased 4.9 percent in the quarter, while front-end comparable store sales increased 2.7 percent.

Dec 21 · 1:23:00 PM · Source: Company News
Track · email · face · Twitter · digg · COMMENTS
by Larry Etter

Chattem Inc. (CHTT)

Sanofi to Buy Chattem To Boost Consumer Presence

French pharmaceuticals company Sanofi-Aventis Monday said it would acquire Chattem Inc. for $1.9 billion.
The move would step up Sanofi's presence in the consumer drug market, as Chattem, based in Tennessee, makes products like Icy Hot pain-relieving patches and gel and ACT mouthwash and posted revenues of $454.9 million in 2008.

Dec 21 · 1:19:00 PM · Source: Company News
Track · email · face · Twitter · digg · COMMENTS
by Larry Etter

Rite Aid Corporation (RAD)

Rite Aid Quarterly Loss Narrows

Rite Aid said it posted a third quarter loss of $83.9 million, or 10 cents a share, compared with a prior-year loss of $243.1 million, or 30 cents a share. Revenue declined 1.8% to $6.35 billion primarily because of store closings and a drop in front-of-the-store sales.
The loss was smaller than analysts had expected.

Dec 17 · 11:41:00 AM · Source: Company News
Track · email · face · Twitter · digg · COMMENTS
by Larry Etter

General Mills (GIS)

General Mills Fiscal Q2 Earnings, Future View Up

Cereal maker General Mills said its fiscal second quarter profit rose to $565.5 million, or $1.66 a share, from $378.2 million, or $1.09 a share, a year earlier. Excluding a gain from commodity hedges, earnings were $1.54 a share. Sales rose 1.7 percent to $4.08 billion as a 4 percent increase in the U.S. retail segment, the company's largest business, helped offset a 16 percent decline in the bakeries and food service unit.
Earnings were above analyst expectations.

Dec 17 · 11:04:00 AM · Source: Company News
Track · email · face · Twitter · digg · COMMENTS
by Larry Etter

Previous · Next