Gold Investment Stocks » street

Saudi activists eye protests, wait for new cabinet

admin — Mon, 28 Feb 2011 23:47:44 +0000

Reuters Feb 28, 2011 Democracy activists in Saudi Arabia say the government is closely monitoring social media to nip in the bud any protests inspired by uprisings that swept Arab countries, toppling leaders in Egypt and Tunisia. Activists have set up Facebook pages calling for protests on March 11 and 20, with over 17,000 supporters combined, but police managed to stymie two attempts to stage protests in the Red Sea city of Jeddah last month, highlighting the difficulties of such mobilization in the conservative kingdom. In one case around 30 to 50 people were detained by police when they gathered on the street, eyewitnesses said. In the second, security forces flooded the location of a protest that had been advertised on Facebook, scaring protesters away. “They are watching closely what people are saying on Facebook and Twitter,” said Saudi blogger Ahmed al-Omran. “Obviously they are anxious as they are surrounded with unrest and want to make sure we don’t catch the bug.” Full article here Stock up with Fresh Food that lasts with eFoodsDirect (AD)

See original here:
Saudi activists eye protests, wait for new cabinet

The Gap’s Q4 Earnings Beat View; Dividend Boost, Share Buyback Planned (GPS)

admin — Fri, 25 Feb 2011 20:49:35 +0000

Apparel retailer The Gap Inc. ( GPS ) on Friday said its fourth quarter profit rose 4% from last year, beating analyst estimates. The San Francisco-based company reported fourth quarter net income of $365 million, or 60 cents per share, compared with $352 million, or 51 cents per share, in the year-ago period. Revenue rose 3% from last year to $4.36 billion. On average, Wall Street analysts expected a smaller profit of 57 cents per share, on slightly lower revenue of $4.34 billion. Looking ahead, The Gap forecast full-year 2011 profit to range from $1.88 to $1.93 per share, which would miss analyst estimates for $1.94 per share. The company also said it would buy back an additional $2 billion worth of its own shares, and would boost its quarterly dividend payout to 11.25 cents per share from a previous 10 cents. The Gap shares rose 26 cents, or +1.2%, in premarket trading Friday. The Bottom Line Shares of Gap Inc. ( GPS ) will now have a 2.00% dividend yield, based on the higher dividend payout and last night’s closing stock price of $22.49. The stock has technical support in the $19 price area. If the shares can firm up, we see overhead resistance around the $23-$24 price levels. The Gap Inc. ( GPS ) 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 .

Original post:
The Gap’s Q4 Earnings Beat View; Dividend Boost, Share Buyback Planned (GPS)

Income investing: Acquisitions push up Buckeye Partners’ revenue in 2010

admin — Fri, 25 Feb 2011 02:30:21 +0000

Buckeye Partners L.P., symbol BPL on New York, operates over 8,700 kilometres of pipelines in the northeastern and midwestern U.S. These lines pump gasoline, jet fuel and other petroleum products. Buckeye also owns oil and natural-gas storage terminals and other related businesses. Buckeye is one of the income investing picks we analyze in Wall Street Stock …

See the article here:
Income investing: Acquisitions push up Buckeye Partners’ revenue in 2010

Target’s Q4 Profit Up 10% as Credit Card Business Recovers (TGT)

admin — Thu, 24 Feb 2011 20:43:39 +0000

Retail giant Target Corporation ( TGT ) on Thursday said its fourth quarter profit rose 10% from last year, helped by improvements in its credit card business and a one-time tax credit. The Minneapolis-based company reported fourth quarter net income of $1.03 billion, or $1.45 per share, compared with $936 million, or $1.24 per share, in the year-ago period. This year’s results included a one-time income tax benefit of 7 cents per share. Revenue rose 2.4% from last year to $20.66 billion. On average, Wall Street analysts expected a profit of $1.39 per share on revenue of $20.28 billion. Target shares fell 26 cents, or -0.5%, in premarket trading Thursday. The Bottom Line Shares of Target ( TGT ) have a 1.99% dividend yield, based on last night’s closing stock price of $50.26. The stock has technical support in the $45-$46 price area. If the shares can firm up, we see overhead resistance around the $54 price level. Target Corporation ( TGT ) 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 .

Go here to read the rest:
Target’s Q4 Profit Up 10% as Credit Card Business Recovers (TGT)

Chesapeake Energy Adjusted Q4 Net Beats View, but Revenue Falls Well Short (CHK)

admin — Wed, 23 Feb 2011 20:56:54 +0000

Natural gas producer Chesapeake Energy Corporation ( CHK ) late Tuesday said its fourth quarter profit plunged 65% from last year, but adjusted results beat analyst expectations. The Oklahoma City-based company reported fourth quarter net income of $180 million, or 28 cents per share, compared with $515 million, or 75 cents per share, in the year-ago period. Excluding one-time items, adjusted profit was 70 cents per share. Revenue fell 10% from last year to $1.98 billion. On average, Wall Street analysts expected a smaller adjusted profit of 64 cents per share, albeit on much higher revenue of $2.2 billion. Chesapeake Energy shares rose 49 cents, or +1.5%, in premarket trading Wednesday. The Bottom Line Shares of Chesapeake Energy ( CHK ) have a .94% dividend yield, based on last night’s closing stock price of $32.01. The stock has technical support in the $28 price area. If the shares can continue the recent momentum, we see overhead resistance around the $34-$36 price levels. Chesapeake Energy Corporation ( CHK ) 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 .

View post:
Chesapeake Energy Adjusted Q4 Net Beats View, but Revenue Falls Well Short (CHK)

Macy’s Q4 Profit Surges 50%, Beating View (M)

admin — Tue, 22 Feb 2011 20:30:24 +0000

Department store operator Macy’s, Inc. ( M ) on Tuesday posted a 50% gain in fourth quarter profit, aided by higher sales, and issued a solid 2011 forecast. The New York-based company reported fourth quarter net income of $667 million, or $1.55 per share, compared with $445 million, or $1.05 per share, in the year-ago period. Sales rose 5% from last year to $8.27 billion. On average, Wall Street analysts expected a smaller profit of $1.51 per share for the quarter. Looking ahead, the company forecast 2011 full-year profit to range from $2.25 to $2.30 per share, while analysts expect $2.27 per share for the year. Macy’s shares rose 25 cents, or +1.1%, in premarket trading Tuesday. The Bottom Line Shares of Macy’s ( M ) have a .84% dividend yield, based on Friday’s closing stock price of $23.75. The stock has technical support in the $21-$22 price area. If the shares can firm up, we see overhead resistance around the $26 price level. Macy’s, Inc. ( M ) 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 .

Link:
Macy’s Q4 Profit Surges 50%, Beating View (M)

Hormel’s Q1 Earnings Beat View; Forecast Raised (HRL)

admin — Tue, 22 Feb 2011 19:55:15 +0000

Packaged foods giant Hormel Foods Corporation ( HRL ) on Tuesday said its fiscal first quarter profit jumped 34% from last year, beating analyst estimates, and the company boosted its full-year outlook. The Austin, MN-based company reported fiscal first quarter net income of $148.8 million, or 55 cents per share, compared with $111.2 million, or 41 cents per share, in the year-ago period. Revenue rose 11% from last year to $1.92 billion. On average, Wall Street analysts expected a much smaller profit of 43 cents per share, on lower revenue of $1.86 billion. Looking ahead, the company boosted its full-year earnings forecast to a range of $1.62 to $1.68 per share, compared with a prior outlook of $1.55 to $1.60 per share. Analysts currently expect $1.61 for the year. Hormel shares were mostly flat in premarket trading Tuesday. The Bottom Line Shares of Hormel Foods ( HRL ) have a 2.08% dividend yield, based on Friday’s closing stock price of $26.92. The stock has technical support in the $23-$25 price area. The shares are trading at all-time highs and have very little overhead resistance. Hormel Foods Corporation ( HRL ) 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 .

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

admin — Sat, 19 Feb 2011 04:14:22 +0000

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…

See the original post:
Market Wrap-Up for Feb.18 (JWN, CF, DLR, SWK, EOG, WTW, more)

Campbell Soup Shares Plunge after Cutting 2011 Forecast (CPB)

admin — Fri, 18 Feb 2011 20:48:24 +0000

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 .

View post:
Campbell Soup Shares Plunge after Cutting 2011 Forecast (CPB)

Kraft Foods Q4 Profit Falls on Acquisition Costs; Forecast Cut (KFT)

admin — Fri, 11 Feb 2011 20:31:36 +0000

Packaged foods giant Kraft Foods Inc. ( KFT ) late Thursday said its fourth quarter profit plunged 24% from last year due to Cadbury acquisition costs, and lowered its full-year outlook on cost concerns. The Northfield, IL-based company reported fourth quarter net income of $540 million, or 31 cents per share, compared with $710 million, or 48 cents per share, in the year-ago period. Excluding one-time items, adjusted profit was 46 cents per share. Revenue surged 30% from last year, due mostly to the addition of Cadbury revenue, to $13.77 billion. On average, Wall Street analysts expected a matching profit of 46 cents per share, on lower revenue of $13.48 billion. Looking ahead, the company warned that weak consumer confidence and rising ingredient costs would affect its bottom line. Kraft said it now expects 11% to 13% earnings growth for the year, compared with a prior forecast for growth in the “mid-teens.” Kraft shares fell 81 cents, or -2.6%, in premarket trading Friday. The Bottom Line We have been recommending shares of Kraft Foods ( KFT ) since May 5, 2009, when the stock was trading at $24.26. The company has a 3.73% dividend yield, based on last night’s closing stock price of $24.26. Kraft Foods Inc. ( KFT ) 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 .

See the rest here:
Kraft Foods Q4 Profit Falls on Acquisition Costs; Forecast Cut (KFT)

Ingersoll-Rand Shares Plummet as Q4 Profit Misses View (IR)

admin — Wed, 09 Feb 2011 20:49:40 +0000

Climate control systems maker Ingersoll-Rand plc ( IR ) on Wednesday said its fourth quarter profit jumped 52% from last year, but results still missed analyst expectations and the company offered a tepid 2011 forecast. The Dublin, Ireland-based company reported fourth quarter net income of $212.1 million, or 62 cents per share, compared with $139.4 million, or 42 cents per share, in the year-ago period. Revenue rose 12% from last year to $3.7 billion. On average, Wall Street analysts expected a higher profit of 65 cents per share, albeit on lower revenue of $3.58 billion. Looking ahead, the company forecast full-year 2011 adjusted earnings to range from $2.90 to $3.10 per share, which could miss analysts’ view for $3.07 per share. Ingersoll-Rand shares fell $2.53, or -5.2%, in premarket trading Wednesday. The Bottom Line Shares of Ingersoll-Rand ( IR ) have a .57% dividend yield, based on last night’s closing stock price of $49.03. The stock has technical support in the $42-$43 price area. If the shares can firm up, we see overhead resistance around the $54-$55 price levels. Ingersoll-Rand plc ( IR ) 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 .

Coca-Cola’s Q4 Profit Rises, Beating View (KO)

admin — Wed, 09 Feb 2011 20:36:47 +0000

Beverage giant The Coca-Cola Company ( KO ) on Wednesday said its fourth quarter profit surged significantly higher from last year, beating analyst estimates. The Atlanta-based company reported fourth quarter net income of $5.77 billion, or $2.46 per share, compared with $1.54 billion, or 66 cents per share, in the year-ago period. Excluding one-time items, adjusted profit was 72 cents per share. Revenue rose nearly 40% from last year to $10.49 billion. On average, Wall Street analysts expected a smaller profit of 72 cents per share, on lower revenue of $10.16 billion. Coca-Cola shares rose 94 cents, or +1.5%, in premarket trading Wednesday. The Bottom Line We have been recommending shares of Coca-Cola ( KO ) since July 30, 2009, when the stock was trading at $49.28. The company has a 2.80% dividend yield, based on last night’s closing stock price of $62.87. The Coca-Cola Company ( KO ) 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 .

See more here:
Coca-Cola’s Q4 Profit Rises, Beating View (KO)