Tag: dividend-stocks

EURUSD Weekly Summary: Bullish flag broken, Euro could continue the bullish run

Filed in euro, Gold, o, silver by on February 19, 2011 0 Comments
EURUSD Weekly Summary: Bullish flag broken, Euro could continue the bullish run

EURUSD Weekly Summary: Bullish flag broken, Euro could continue the bullish run to 1.3860 or higher The EURUSD slipped below 1.3500 this week, but found a good support around 1.3420 area before bounced significantly higher and hit 1.3714 on Friday. As you can see on my daily chart below, the bullish flag is broken out to the upside, suggests potential bullish continuation scenario which started from 1.2873. This fact not only open the door for further bullish run testing 1.3800 – 1.3860 key resistance area, but could create a bigger bullish scenario testing 1.4200 – 1.4300. Immediate support is seen around 1.3650 followed by 1.3550. A break below 1.3550 could cancel the bullish flag upside scenario re-testing 1.3420 key support level. Have a great weekend and see you guys next week.

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Market Wrap-Up for Feb.18 (JWN, CF, DLR, SWK, EOG, WTW, more)

We’re saw a gradual rise for the DOW as other indices remained fairly flat, finishing what has been a generally solid week for the averages. We added a new yield-focused name to our recommended list today, while also removing three growth names from our list as well. Be sure to check out Dividend.com Premium for those stories if you did not read the e-mail alerts we sent out earlier today. Elsewhere, earnings results are lifting shares of Digital Realty Trust ( DLR ), a recent addition to our recommended list. Nordstrom ( JWN ) bounced off of earlier levels and closed higher following the company’s earnings report, as well as news the company was buying a private sales e-commerce company. Wall Street upgrades pushed several stocks higher, including Stanley Black & Decker ( SWK ), EOG Resources ( EOG ), and Raytheon ( RTN ). On the downside, fertilizer play CF Industries ( CF ) sold off after reporting better-than-expected results. Weight Watchers ( WTW ) also gave back just a smidgen of yesterday’s huge gains. The speculation in the venture capital space continues to rage on as we continue to hear about huge rounds of money being raised at ever-climbing market valuations. Mark Cuban just came out with some comments that echoed what I have been saying about the “game” that is going on, where eventually regular investors get burned with the usual late invitations to participate (post-IPO after the insiders have already cashed…

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National Bank of Greece (NBG) Bid Rejected by Alpha Bank

Filed in Gold Bullion prices, National Bank of Greece, NBG, o by on February 18, 2011 0 Comments

The $3.8 billion unsolicited from National Bank of Greece SA (NYSE:NBG) for Alpha Bank SA, was rejected as an inadequate offer by Alpha’s board.National Bank of Greece SA is the largest in the country and Alpha Bank is the third-largest bank in Greece.When making the offer for Alpha on January 18, National Bank asked for Alpha to give the bid “serious consideration.” National Bank said the new

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EOG Resources’ Target, Estimates Boosted at Goldman Sachs (EOG)

Natural gas producer EOG Resources, Inc. ( EOG ) on Friday saw its price target and earnings estimates raised by analysts at Goldman Sachs. The firm maintained its “Buy” rating on EOG and boosted its price target from $117 to $121. That new target implies a 16% upside to the stock’s Thursday closing price of $104.22. Goldman also raised its earnings estimates for the company through 2013, following its better-than-expected fourth quarter earnings results. The analyst commented, “EOG remains a leader in developing horizontal resource plays, and the combination of superior liquids growth (28% expected CAGR 2011-14), superior cash-on-cash returns (13.7% 2011-14 avg) and exploration upside as reasons why EOG should not trade at a discounted EV/EBITDA multiple vs. peers.” EOG Resources shares rose $1.04, or +1%, in premarket trading Friday. The Bottom Line Shares of EOG Resources ( EOG ) have a .59% dividend yield, based on last night’s closing stock price of $104.22. The stock has technical support in the $95-$100 price area. If the shares can firm up, we see overhead resistance around the $110-$114 price levels. EOG Resources, Inc. ( EOG ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Digital Realty Trust Q4 FFO Rises; Forecast Boosted (DLR)

Data center REIT Digital Realty Trust, Inc. ( DLR ) on Friday posted better-than-expected fourth quarter funds from operations and lifted its full-year 2011 forecast. The San Francisco-based company reported fourth quarter funds from operations (FFO) of $102.91 million, or 98 cents per share, compared with $69.43 million, or 79 cents per share, in the year-ago period. Excluding one-time items, adjusted FFO was 96 cents per share. Revenue surged more than 40% from last year to $239 million. On average, Wall Street analysts expected smaller FFO of 91 cents per share, albeit on higher revenue of $242 million. Looking ahead, the company boosted its full-year 2011 FFO guidance to a range of $3.80 to $3.95 per share, while analysts expect $3.85 per share for the year. Digital Realty Trust shares were mostly flat in premarket trading Friday. The Bottom Line We recently added shares of Digital Realty Trust ( DLR ) to our recommended list. The company has a 4.86% dividend yield, based on last night’s closing stock price of $56.02. Digital Realty Trust, Inc. ( DLR ) is a “Recommended” dividend stock, holding a Dividend.com DARS™ Rating of 3.5 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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CF Industries Q4 Profit Beats View on Rising Fertilizer Demand (CF)

Filed in CF Industries, dividend, earnings, Gold Investing, o, revenue, shares by on February 18, 2011 0 Comments

Fertilizer maker CF Industries Holdings, Inc. ( CF ) late Thursday posted better-than-expected fourth quarter earnings results, aided by strong demand for its products and the addition of sales from its acquisition of rival Terra Nitrogen. The Deerfield, IL-based company reported fourth quarter net income of $200.3 million, or $2.78 per share, compared with $51.4 million, or $1.04 per share, in the year-ago period. Excluding one-time items, adjusted profit was $2.65 per share. Revenue more than doubled from last year to $1.24 billion. On average, Wall Street analysts expected a smaller profit of $2.56 per share, on lower revenue of $1.19 billion. CF Industries shares fell 81 cents, or -0.6%, in premarket trading Friday. The Bottom Line CF Industries ( CF ) has been an “aggressive” recommendation for us, but is not a name we think yield-focused investors should be considering. The company has a .27% dividend yield, based on last night’s closing stock price of $147.81. CF Industries Holdings, Inc. ( CF ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Campbell Soup Shares Plunge after Cutting 2011 Forecast (CPB)

Filed in dividend, earnings, Gold Bullion prices, o, revenue, shares by on February 18, 2011 0 Comments

Packaged foods maker Campbell Soup Company ( CPB ) on Friday posted fiscal second quarter earnings that met analyst expectations, but cut its full-year outlook, sending its shares plummeting in premarket trading. The Camden, NJ-based company reported fiscal second quarter net income of $239 million, or 71 cents per share, compared with $259 million, or 74 cents per share, in the year-ago period. Revenue fell 1% from last year to $2.13 billion. On average, Wall Street analysts expected a matching profit of 71 cents per share, albeit on slightly higher revenue of $2.15 billion. Looking ahead, the company cut its full-year 2011 outlook, citing weaker-than-expected soup sales. It now expects full-year revenue to range from a 1% decline to a 1% rise, and forecast profits to fall 1% to 3%. Campbell Soup shares plunged $1.45, or -4.2%, in premarket trading Friday. The Bottom Line We recently removed shares of Campbell Soup ( CPB ) from our recommended list. The company has a 3.32% dividend yield, based on last night’s closing stock price of $34.94. The stock has technical support in the $30 price area. If the shares can firm up, we see overhead resistance around the $36 price level. Campbell Soup Company ( CPB ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Dr Pepper Snapple Q4 Profit Falls, but Still Beats View; Shares Rise (DPS)

Filed in Apple, dividend, earnings, Gold Bullion prices, o, shares by on February 17, 2011 0 Comments

Beverage giant Dr Pepper Snapple Group Inc. ( DPS ) on Thursday posted better-than-expected fourth quarter earnings, sending its shares soaring in premarket trading. The Plano, TX-based company reported fourth quarter net income of $112 million, or 49 cents per share, compared with $114 million, or 44 cents per share, in the year-ago period. Excluding one-time items, adjusted profit was 67 cents per share. Net sales rose 4% from last year to $1.41 billion. On average, Wall Street analysts expected a smaller adjusted profit of 63 cents per share. Looking ahead, the company forecast full-year 2011 earnings to range from $2.70 to $2.78 per share, while analysts expect $2.72 per share for the year. Dr Pepper Snapple shares rose $1.50, or +4.4%, in premarket trading Thursday. The Bottom Line We recently added shares of Dr.Pepper Snapple Group ( DPS ) to our recommended list. The company has a 2.92% dividend yield, based on last night’s closing stock price of $34.25. Dr Pepper Snapple Group Inc. ( DPS ) is a “Recommended” dividend stock, holding a Dividend.com DARS™ Rating of 3.5 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Marathon Oil’s Target Boosted at Goldman Sachs (MRO)

Integrated oil and natural gas producer Marathon Oil Corporation ( MRO ) on Monday saw its price target upped by analysts at Goldman Sachs. The firm said it raised its target on MRO from $51 to $58, which implies a 27% upside to the stock’s Friday closing price of $46.48. Goldman also reiterated its “Buy” rating on the stock, saying that “Based on our updated E&P valuation analysis, we continue to see Marathon as an inexpensive means to gain exposure to our constructive outlook for Mid-Continent refining margins.” Marathon Oil shares were mostly flat in premarket trading Monday. The Bottom Line We have been recommending shares of Marathon Oil ( MRO ) since Jan.26, 2011, when the stock was trading at $43.55. The company has a 2.15% dividend yield, based on Friday’s closing stock price of $ 46.48. Marathon Oil Corporation ( MRO ) is a “Recommended” dividend stock, holding a Dividend.com DARS™ Rating of 3.5 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Dividend Stock Leaders for the Week of Feb.7-11 (CLX, RL, NYX, EXPE, ATVI, more)

Here are some of the biggest dividend stock winners and losers from the week that just ended. Company Fri. Close Weekly % Change Dividend Yield NYSE Euronext ( NYX ) $38.31 +17.34% 3.13% J.C. Penney ( JCP ) $36.30 +14.91% 2.20% Polo Ralph Lauren Corporation ( RL ) $126.87 +12.71% 0.63% Whole Foods Market Inc. ( WFMI ) $59.67 +12.58% 0.67% Wynn Resorts ( WYNN ) $129.10 +9.35% 0.77% Clorox Company (The) ( CLX ) $71.26 +8.53% 3.09% Dr Pepper Snapple Group Inc ( DPS ) $33.96 -4.71% 2.94% Consol Energy ( CNX ) $47.00 -4.72% 0.85% Activision Blizzard Inc ( ATVI ) $10.78 -8.18% 1.53% Compania Buenaventura S.A. ( BVN ) $40.04 -8.81% 1.50% Computer Sciences Corporation ( CSC ) $47.92 -14.06% 1.67% Expedia Inc. ( EXPE ) $21.31 -15.60% 1.31% Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Nokia, Microsoft Announce Strategic Smartphone Alliance (NOK, MSFT)

Filed in Apple, ceo, dividend, Gold Investing, Google, Microsoft, Nokia, o, shares by on February 11, 2011 0 Comments

Mobile phone maker Nokia Corporation ( NOK ) and software giant Microsoft Corporation ( MSFT ) on Friday announced a pact to team up against rivals Apple ( AAPL ) and Google ( GOOG ), who are thus far winning the smartphone race hands-down. In pursuant to the deal, Nokia will utilize Microsoft’s Windows Phone software as the platform for its mobile phones, marking a monumental shift from the Finnish company’s prior strategy of programming the operating system for its own devices. The move comes just days after a leaked internal Nokia memo from CEO Stephen Elop, in which he warned his employees the company was simply being outdone by its mobile phone competitors. Elop didn’t say when the first Nokia device running on Windows Phone software would ship, but did note that the company would not abandon its trademark Symbian operating system, nor the new Meego platform it’s currently developing. Nokia shares plunged $1.08, or -10%, in premarket trading Friday. The Bottom Line Shares of Nokia ( NOK ) have a 4.78% dividend yield, based on last night’s closing stock price of $10.88. Shares of Microsoft ( MSFT ) have a 2.33% dividend yield, based on last night’s closing stock price of $27.50. Nokia Corporation ( NOK ) and Microsoft Corporation ( MSFT ) are both rated “Neutral,” holding Dividend.com DARS™ Ratings of 3.1 and 3.4 out of 5 stars, respectively. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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FBR Analyst: Annaly Capital Still an “Outperform,” but Wary of Possible Dividend Cut (NLY)

Filed in dividend, earnings, FBR Capital, Gold Investing, o, outperform, shares, target by on February 11, 2011 0 Comments

Analysts at FBR Capital on Friday passed along some interesting opinions regarding real estate-related investment manager Annaly Capital Management, Inc. ( NLY ) on Friday. Although the firm maintained its “Outperform” rating and $20 price target on NLY, it noted a dividend cut could be in the works for the company. An FBR analyst commented, “We reiterate our rating and price target on NLY shares despite last week’s weaker-than-expected 4Q10 earnings results. While the results give us pause as to the viability of the current dividend, we believe that shares remain attractive from a long-term, risk-adjusted total return perspective. With a historically steep yield curve, the FOMC estimated to be on hold for at least another year, and declining prepayment speeds, we continue to believe that the operating environment is set up for NLY to deliver mid-to-high teen ROEs, and likewise dividend yields, for the foreseeable future.” Annaly Capital shares were mostly flat in premarket trading Friday. The Bottom Line Shares of Annaly Capital ( NLY ) have a 14.29% dividend yield, based on last night’s closing stock price of $17.92. The stock has technical support in the $15-$17 price area. If the shares can firm up, we see overhead resistance around the $20 price level. Annaly Capital Management, Inc. ( NLY ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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