Tag: not-recommended

Nordstrom Q4 Profit Jumps 35%; Will Acquire HauteLook for $180 Million (JWN)

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

Fashion retailer Nordstrom, Inc. ( JWN ) late Thursday said its fourth quarter profit surged 35% from last year, beating analyst estimates, as the company announced the acquisition of discount luxury website HauteLook. The Seattle-based company reported fourth quarter net income of $232 million, or $1.04 per share, compared with $172 million, or 77 cents per share, in the year-ago period. Revenue rose 10% from last year to $2.92 billion. On average, Wall Street analysts expected a smaller profit of 99 cents per share, on lower revenue of $2.83 billion. Looking ahead, the company forecast full-year 2011 earnings to range from $2.95 to $3.10 per share. Analysts currently expect $3.04 per share for the year. In a separate announcement, Nordstrom said it would buy discount luxury goods website HauteLook for $180 million in stock. Nordstrom shares fell $1.27, or -2.7%, in premarket trading Friday. The Bottom Line Shares of Nordstom ( JWN ) have a 1.72% dividend yield, based on last night’s closing stock price of $46.48. The stock has technical support in the $40-$44 price area. If the shares can firm up, we see overhead resistance around the $50 price level. Nordstrom, Inc. ( JWN ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.3 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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Weight Watchers 2011 Forecast Blows Away Expectations; Shares Rocket Higher (WTW)

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

Weight management specialist Weight Watchers International, Inc. ( WTW ) on Thursday posted better-than-expected fourth quarter earnings and provided at 2011 forecast that wowed investing, sending its shares soaring in premarket trading. The New York-based company reported forth quarter net income of $48.9 million, or 66 cents per share, compared with just $18.7 million, or 24 cents per share, in the year-ago period. Excluding items, adjusted profit was 64 cents per share. Revenue jumped almost 15% from last year to $356.7 million. On average, Wall Street analysts expected a smaller profit of 56 cents per share, on lower revenue of $321 million. The company’s real surprise came in its guidance. For 2011, WTW said it expects full-year earnings to range from $3.50 to $3.85 per share, which would absolutely blow away analysts’ view for $2.77 per share. Weight Watchers shares surged $14.88, or +33%, in premarket trading Thursday. The Bottom Line Shares of Weight Watchers ( WTW ) have a 1.56% dividend yield, based on last night’s closing stock price of $44.92. The stock is blowing through all-time high levels of $57-$58 a share this morning. We’ll see if this level of overhead resistance plays a role in the stock as the day progresses. Weight Watchers International, Inc. ( WTW ) 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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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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Polo Ralph Lauren Q3 Profit Rises, Beating View; Forecast Raised; Dividend Doubled (RL)

Filed in dividend, earnings, Gold Investment, o, revenue, shares by on February 9, 2011 0 Comments

Apparel maker Polo Ralph Lauren Corporation ( RL ) on Wednesday reported better-than-expected fiscal third quarter earnings, raised its forecast, and doubled its quarterly dividend payout. The New York-based company reported third quarter net income of $168.4 million, or $1.72 per share, compared with $111.1 million, or $1.10 per share, in the year-ago period. Revenue rose 25% from last year to $1.55 billion. On average, Wall Street analysts expected a much smaller profit of $1.29 per share, on lower revenue of $1.46 billion. Looking ahead, the company boosted its full-year earnings outlook, citing better operating performance. In a separate announcement, the company said its board of directors authorized a 100% raise in its quarterly dividend payout, from 10 cents per share to 20 cents. Polo Ralph Lauren shares rose $4.13, or +3.6%, in premarket trading Wednesday. The Bottom Line Shares of Polo Ralph Lauren ( RL ) will now have a .69% dividend yield, based on the new higher dividend payout and last night’s closing stock price of $115.77. The stock has technical support in the $105-$110 price area. The shares are trading at all-time highs and have little overhead resistance. Polo Ralph Lauren Corporation ( RL ) 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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Disney Shares Pop on Solid Q1 Earnings (DIS)

Filed in dividend, Gold, Gold Bullion prices, o, revenue, shares, Walt Disney by on February 9, 2011 0 Comments

Entertainment giant The Walt Disney Company ( DIS ) on Wednesday said its fiscal first quarter profit jumped 54% from last year, beating analyst estimates and sending its shares higher in premarket trading. The Burbank, CA-based company reported fiscal first quarter net income of $1.3 billion, or 68 cents per share, compared with $844 million, or 44 cents per share, in the year-ago period. Revenue rose 10% from last year to $10.7 billion. On average, Wall Street analysts expected a much smaller profit of 56 cents per share, on lower revenue of $10.5 billion. Disney shares rose $1.47, or +3.6%, in premarket trading Wednesday. The Bottom Line Shares of Walt Disney ( DIS ) have a .97% dividend yield, based on last night’s closing stock price of $41.18. The stock has technical support in the $38 price area. The shares are trading at all-time highs and have a little overhead resistance. The Walt Disney Company ( DIS ) 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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Fortune Brands Q4 Profit, Sales Beat View; Shares Rise (FO)

Filed in dividend, earnings, Gold Investment, o, revenue, shares by on February 4, 2011 0 Comments

Consumer products conglomerate Fortune Brands, Inc. ( FO ) on Friday posted better-than-expected fourth quarter earnings results, sending its shares sharply higher in premarket trading. The Deerfield, IL-based company reported fourth quarter net income of $85.4 million, or 55 cents per share, compared with $11.5 million, or 8 cents per share, in the year-ago period. Excluding one-time items, adjusted profit was 63 cents per share. Net sales rose more than 5% from last year to $1.90 billion. On average, Wall Street analysts expected a smaller profit of 58 cents per share, on lower revenue of $1.8 billion. Fortune noted that it’s on track to complete the spin-offs of its home goods and golf units. That process should be completed by mid-2011. Looking ahead, the company said it expects 2011 full-year earnings to rise in the high single-digits to the high-teens range, excluding effects from the planned spin-offs. Fortune Brands shares rose $2.51, or +4.1%, in premarket trading Friday. The Bottom Line Shares of Fortune Brands ( FO ) have a 1.23% dividend yield, based on last night’s closing stock price of $61.55. The stock has technical support in the $55-$56 price area. If the shares can firm up, we see overhead resistance around the $65 price level. Fortune Brands, Inc. ( FO ) 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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Aflac’s Q4 Profit Surges 74%, but Adjusted Net Still Falls Short (AFL)

Filed in dividend, earnings, Gold Investing, Gold Investment, o, revenue, shares by on February 2, 2011 0 Comments

Supplemental insurer Aflac Incorporated ( AFL ) late Tuesday said its fourth quarter profit jumped 74% from last year, but its adjusted results still missed analyst expectations. The Columbus, GA-based company reported fourth quarter net income of $437 million, or 92 cents per share, compared with $251 million, or 53 cents per share, in the year-ago period. Excluding one-time items, adjusted operating earnings were $1.33 per share. Revenue rose 15% from last year to $4.6 billion. On average, Wall Street analysts expected a slightly higher profit of $1.35 per share, on much higher revenue of $5.5 billion. Looking ahead, the company forecast 2011 adjusted earnings to $5.97 per share, or $6.09 and $6.34 per share on an as-reported basis. Analysts currently expect adjusted results of $6.19 per share for the year. Aflac shares fell $1.03, or -1.8%, in premarket trading Wednesday. The Bottom Line Shares of Aflac ( AFL ) have a 2.05% dividend yield, based on last night’s closing stock price of $58.53. The stock has technical support in the $52-$54 price area. If the shares can firm up, we see overhead resistance around the $60-$63 price levels. Aflac Incorporated ( AFL ) 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

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Time Warner Boosts Dividend as Q4 Results Beat Expectations (TWX)

Filed in dividend, earnings, G 20, Gold Bullion prices, o, revenue, shares, Time Warner by on February 2, 2011 0 Comments

Media giant Time Warner Inc. ( TWX ) on Wednesday reported better-than-expected fourth quarter results, forecast strong 2011 earnings, and announced an 11% hike in its quarterly dividend. The New York-based company reported fourth quarter net income of $769 million, or 68 cents per share, compared with $631 million, or 53 cents per share, in the year-ago period. Excluding special items, adjusted profit was 67 cents per share. Revenue rose 8% from last year to $7.8 billion. On average, Wall Street analysts expected a smaller profit of 62 cents per share, on lower revenue of $7.5 billion. Looking ahead, the company forecast 2011 adjusted earnings to rise in the “low teens” on a percentage basis from 2010′s total of $2.41 per share. That estimate implies around $2.70 per share for 2011, which compares with analysts’ current estimates of $2.70 per share for the year. TWX also said its board of directors approved an 11% increase of its quarterly dividend payout, to 24 cents per share. Time Warner shares rose 89 cents, or +2.8%, in premarket trading Wednesday. The Bottom Line Shares of Time Warner ( TWX ) will now have a 2.91% dividend yield, based on the higher dividend payout and last night’s closing stock price of $32.31. The stock has technical support in the $29.50-$30 price area. If the shares can firm up, we see overhead resistance around the $34-$35 price levels. Time Warner Inc. ( TWX ) 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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Exxon Mobil Posts $9.25 Billion Q4 Profit, Easily Beating View (XOM)

Filed in dividend, Gold Investment, o, revenue, shares by on January 31, 2011 0 Comments

Oil behemoth Exxon Mobil Corporation ( XOM ) on Monday said its fourth quarter profit surged more than 50% from last year on higher oil prices, easily beating analyst estimates. The Irving, TX-based company reported fourth quarter net income of $9.25 billion, or $1.85 per share, compared with $6.05 billion, or $1.27 per share, in the year-ago period. Revenue jumped 17% from last year to $105 billion. On average, Wall Street analysts expected a smaller profit of $1.62 per share, on lower revenue of $99.1 billion. For the full year 2010, the company posted profits of $30.5 billion, or $6.22 per share, up sharply from $19.3 billion, or $3.98 per share, in 2009. Exxon Mobil shares rose 83 cents, or 1.1%, in premarket trading Monday. The Bottom Line Shares of Exxon Mobil ( XOM ) have a 2.23% dividend yield, based on Friday’s closing stock price of $78.99. The stock has technical support in the $73-$75 price area. If the shares can continue the recent run, we see overhead resistance around the $85 price level. Exxon Mobil Corporation ( XOM ) 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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Illinois Tool Works Q4 Profit Falls, Narrowly Missing View (ITW)

Filed in dividend, earnings, Gold Investing, Gold Investment, o, revenue, shares by on January 31, 2011 0 Comments

Industrial products and equipment maker Illinois Tool Works Inc. ( ITW ) on Monday said its fourth quarter profit fell 23% from last year, just falling short of analyst expectations. The Glenview, IL-based company reported fourth quarter net income of $392.8 million, or 79 cents per share, compared with $507.4 million, or $1.01, in the year-ago period. Excluding a special tax benefit from last year, adjusted earnings actually rose 30% year-over-year. Revenue rose 11% from last year to $4.17 billion. On average, Wall Street analysts expected a slightly higher profit of 80 cents per share, on lower revenue of $4.09 billion. Looking ahead, the company predicted first quarter profit to range from 81 to 87 cents per share, on a 12% to 15% revenue gain. For the full year 2011, it expects adjusted earnings of $3.60 to $3.84 per share on 11.5% to 14.5% higher revenue. Illinois Tool Works shares were mostly flat in premarket trading Monday. The Bottom Line Shares of Illinois Tool Works ( ITW ) have a 2.49% dividend yield, based on Friday’s closing stock price of $54.71. The stock has technical support in the $50-$52 price area. If the shares can firm up, we see overhead resistance around the $56-$60 price levels. Illinois Tool Works Inc. ( ITW ) 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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Medtronic Upgraded to “Buy” at Goldman Sachs (MDT)

Medical device maker Medtronic, Inc. ( MDT ) on Friday caught a big upgrade from analysts at Goldman Sachs. The firm said it boosted its rating on MST from “Neutral” to “Buy” while raising its price target from $37 to $45. That new target implies an 18% upside from the stock’s Thursday closing price of $37.99. Goldman cited higher earnings forecasts and growing valuations for MDT’s peers for the upgrade. The analyst also noted that new management could drive upside with more aggressive corporate action, and some new cardiac rhythm products could also boost earnings. Medtronic shares rose 71 cents, or +1.9%, in premarket trading Friday. The Bottom Line Shares of Medtronic ( MDT ) have a 2.37% dividend yield, based on last night’s closing stock price of $37.99. The stock has technical support in the $34 price area. If the shares can firm up, we see overhead resistance around the $39-$41 price levels. Medtronic, Inc. ( MDT ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.3 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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Arch Coal’s Q4 Profit, 2011 Forecast Fall Short (ACI)

Filed in dividend, earnings, Gold Investment, o, revenue, shares by on January 28, 2011 0 Comments

Coal producer Arch Coal, Inc. ( ACI ) on Friday posted fourth quarter earnings and a 2011 forecast that fell well short of analyst expectations, sending its shares reeling in premarket trading. The St. Louis-based company reported fourth quarter net income of $47.8 million, or 29 cents per share, compared with $1.5 million, 1 cent per share, in the year-ago period. Excluding one-time charges, adjusted profit was 33 cents per share. Revenue jumped 15% from last year to $835 million. On average, Wall Street analysts expected a much higher profit of 42 cents per share, albeit on lower revenue of $832 million. Looking ahead, the company forecast 2011 adjusted earnings of $2 to $2.50 per share, which would badly miss analysts’ current estimates for $2.76 per share. Arch Coal shares fell $1.25, or -3.8%, in premarket trading Friday. The Bottom Line Shares of Arch Coal ( ACI ) have a 1.23% dividend yield, based on last night’s closing stock price of $32.65. The stock has technical support in the $28-$30 price area. If the shares can firm up, we see overhead resistance around the $34-$36 price levels. Arch Coal, Inc. ( ACI ) 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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