Tag: united states

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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How Gold Could Save America from Nazi Theory

Keynesian economics is the root of economic problems for most countries around the world today. So it’s important to understand both what Keynesian economics stands for and what the opposing brand of economic thinking called Classical economics maintains. In a nutshell… Classical Economics: Keynesian Economics: Thrift, hard work, and productivity are virtues. The classical gold standard restrains the state from inflating and provides a stable monetary environment in which the economy can flourish. Government should strive for balanced budgets and fiscal responsibility. The state should adopt a general policy of laissez-faire of non-interventionism in economic affairs: low taxes, free trade, and minimal bureaucracy. Production is more important than consumption. Say’s Law: Supply is more important than demand since supply of one good creates the demand for another. An increase in savings can contract income and reduce economic growth. Consumption is more important than production, thus turning Say’s Law upside down. There is no need for a gold standard; fiat currency is preferable. Demand is more important than supply. Teaches that governments and politicians can be trusted. It’s no wonder politicians love Keynesian economics over Classical economics. To control the economy, most governments around the world have been using Keynesian economics for the past 75 years. It is the only economic thought that is taught in the schools and universities. “They” want us to believe they are wise and intelligent souls who know what is best for us. But nothing could be further from the truth throughout most of economic history… Read this quote from Adolf Hitler, who openly embraced Keynesian ideas: Gold is not necessary. I have no interest in gold. We will build a solid state, without an ounce of gold behind it. Anyone who sells above the set prices, let him be marched off to a concentration camp. That’s the bastion of money. The Nazis’ economic success when Hitler first came into power was a result of Hitler cooking the books. The rest of his time in power goes down in history as one of the worst atrocities in the history of mankind. Only two other twisted power-seeking devils in the annals of time are responsible for the killing of more people than Hitler &mdash…

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Goldman Sachs Upgrades Ameriprise to “Buy” (AMP)

Filed in dividend, earnings, Gold, Gold Investing, goldman sachs, o, shares, target, upgrade by on February 11, 2011 0 Comments

Investment advisor Ameriprise Financial, Inc. ( AMP ) on Friday caught a big upgrade from analysts at Goldman Sachs. The firm said it boosted its rating on AMP from “Neutral” to “Buy” with a $73 price target. That target suggests an 18% upside to the stock’s Thursday closing price of $61.89. Goldman also boosted its earnings estimates for the company through 2013, noting it believes the financial services provider stands to benefit from rising retail investor demand. AMP has had $21 billion in net equity inflows year-to-date. Ameriprise shares rose 61 cents, or +1%, in premarket trading Friday. The Bottom Line Shares of Ameriprise ( AMP ) have a 1.16% dividend yield, based on last night’s closing stock price of $61.89. The stock has technical support in the $55 price area. If the shares can firm up, we see overhead resistance around the $63-$66 price levels. Ameriprise Financial, Inc. ( AMP ) 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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Northrop Grumman’s Q4 Earnings Fall; Forecast Lowered (NOC)

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

Defense contractor Northrop Grumman Corporation ( NOC ) on Wednesday posted better-than-expected fourth quarter profits, but lowered its full-year forecast below analysts’ view. The Los Angeles-based company reported fourth quarter net income of $376 million, or $1.27 per share, compared with $413 million, or $1.31 per share, in the year-ago period. Revenue fell more than 3% from last year to $8.61 billion. On average, Wall Street analysts expected a much smaller profit of $1.01 per share, albeit on higher revenue of $8.80 billion. Looking ahead, the company forecast full-year 2011 earnings to range from $6.40 to $6.60 per share, excluding its shipbuilding business, which will be sold or spun off this year. Analysts currently expect a higher full-year profit of $6.98 per share. Northrop Grumman shares were mostly flat in premarket trading Wednesday. The Bottom Line Shares of Northrop Grumman ( NOC ) have a 2.64% dividend yield, based on last night’s closing stock price of $71.09. The stock has technical support in the $66 price area. If the shares can firm up, we see overhead resistance around the $75 price level. Northrop Grumman Corporation ( NOC ) 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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Clorox Q2 Earnings Plunge 81% on Charges; Adjusted Net Beats View (CLX)

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

Cleaning products maker The Clorox Company ( CLX ) on Friday said its fourth quarter profit plummeted 81% from last year due to hefty one-time charges, but its adjusted results beat analyst expectations. The Oakland-based company reported fourth quarter net income of $21 million, or 15 cents per share, compared with $110 million, or 77 cents per share, in the year-ago period. Excluding one-time items, adjusted profit was 68 cents per share. Revenue fell 3% from last year to $1.18 billion. On average, Wall Street analysts expected a much lower adjusted profit of 46 cents per share, albeit on slightly higher revenue of $1.19 billion. Looking ahead, the company said it expects full-year 2011 adjusted earnings to range from $3.85 to $4 per share, which could miss analysts’ estimates of $3.99 per share for the year. Clorox shares fell 98 cents, or -1.5%, in premarket trading Friday. The Bottom Line We have been recommending shares of Clorox ( CLX ) since July 30, 2009, when the stock was trading at $60.26. The company has a 3.45% dividend yield, based on last night’s closing stock price of $63.75. The Clorox Company ( CLX ) 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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Kellogg Upgraded to “Outperform” at Wells Fargo (K)

Cereal maker Kellogg Company ( K ) on Friday saw its rating and price target boosted on Friday by analysts at Wells Fargo. The firm said it upgraded K from “Market Perform” to “Outperform,” while boosting its valuation range from $51-$53 to $58-$60. That new target implies up to a 14% upside to the stock’s Thursday closing price of $52.52. A Wells analyst commented, “We expect Kellogg’s shares to appreciate as earnings surprise to the upside driven by a faster-than-expected recovery in its core N.A. retail cereal business. Kellogg enters 2011 with a 25% increase in new products versus 2009-2010 levels, increased investment in its supply chain, easy comparisons and list price increases already implemented to help cover surging input costs…our 2011E EPS to $3.50 from $3.40 (versus $3.46 consensus) and our 2012 estimate from $3.75 to $3.85 (versus $3.79 consensus) as a result.” Kellogg shares posted modest gains in premarket trading Friday. The Bottom Line We have been recommending shares of Kellogg ( K ) since Nov.3, 2010, when the stock was trading at $49.69. The company has a 3.08% dividend yield, based on last night’s closing stock price of $52.52. Kellogg Company ( K ) 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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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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Aetna Shares Surge as Q4 Results Beat View, Dividend Boosted (AET)

Filed in dividend, Ford, Gold Investing, o, revenue, shares by on February 4, 2011 0 Comments

Health insurance provider Aetna Inc. ( AET ) on Friday said its fourth quarter profit jumped 30% from last year, and the company significantly raised its dividend payout, sending its shares soaring in premarket trading. The Hartford, CT-based company reported fourth quarter net income of $215.6 million, or 53 cents per share, compared with $165.9 million, or 38 cents per share, in the year-ago period. Excluding one-time items, adjusted operating profit was 63 cents per share. Revenue fell 2% from last year to $8.54 billion. On average, Wall Street analysts expected a slightly smaller profit of 62 cents per share, on lower revenue of $8.32 billion. The company also announced a new 15 cent per-share quarterly dividend payout, up significantly from its prior payout of just 4 cents annually. The new dividend will be paid on Apr. 28 to shareholders of record as of Apr. 14. Aetna shares rose $4.86, or +15%, in premarket trading Friday. The Bottom Line Shares of Aetna ( AET ) will now have a 1.80% dividend yield, based on the new higher dividend payout and last night’s closing stock price of $33.27. The stock has technical support in the $30 price area. If the shares can firm up, we see overhead resistance around the $36-$38 price levels. Aetna Inc. ( AET ) 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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Dividend.com Weekend Edition – Hustle and Be Positive

Filed in dividend, Ford, Gold Investing, Gold Investment, Lear, o, upgrade by on January 30, 2011 1 Comment

It has been a crazy last 12 hours for us at Dividend.com as we have just upgraded to a brand new server that will be accommodating our ever-expanding audience. It is quite an amazing thing to see what we have been trying to accomplish when I step back and look at what our small and very hungry team has been able to achieve. You can say that the biggest risk you will ever take is launching a start-up. I guess it is par for the course for me, as I spent years making money as a trader – not an easy task for sure. As we grow, there will be some hiccups along the way technically. For example, we had to re-do all our premium articles from the last 3 days this morning. Nothing like coming back from church this morning to hear from the technical team that we needed to get all hands on deck to clear up some of the glitches from the server switchover. I try to make Sunday my least intense day work-wise and spend some quality time with the family, but when you own your own business/firm, you are never really off. It’s funny because I have worked my share of Sundays for many years, whether it was my early jobs in the pizzeria or deli, or helping my family run our food business in New York, which was open 7 days a week of course. My family knows the responsibility we have at Dividend.com and does a great job to support the efforts that need to be made to keep users happy. It is definitely a labor of love or none of us would put in the time that we do to keep everything running smooth and more importantly deliver solid RESULTS! The stringent research we do and data we interpret is going to be the difference in our future success as a firm. We know we have to be at our best at all times since there are other financial services/newsletters that we compete with. As we look to the week that was, the big story is unquestionably the chaos taking place in Egypt. The market sure felt the pain of the uncertainty on Friday with the indices seeing lots of red across the board. For dividend investors, sell-offs like this eventually turn into opportunities to buy quality names at better prices. The one thing to remember is not to over-think things and get paralyzed in fear. The only thing we can do for you here at Dividend.com is provide you the best names possible to invest in, but it is up to you to get your capital in your brokerage accounts…

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Abbott Labs Q4 Adjusted Profit Matches Expectations (ABT)

Filed in dividend, earnings, Gold Investing, Gold Investment, o, revenue, shares by on January 26, 2011 0 Comments

Healthcare products maker Abbott Laboratories ( ABT ) on Wednesday said its fourth quarter profit fell 6.4% from last year on one-time charges, but adjusted results met analysts’ view. The Abbott Park, IL-based company reported fourth quarter net income of $1.44 billion, or 92 cents per share, compared with $1.54 billion, or 98 cents per share, in the year-ago period. Excluding special items, adjusted profit was $1.30 per share. Revenue jumped 13% from last year to $9.97 billion. On average, Wall Street analysts expected a matching adjusted profit of $1.30 per share on lower revenue of $9.87 billion. Looking ahead, the company predicted full-year 2011 adjusted earnings to range from $4.54 to $4.64 per share, which could miss or meet the average analyst estimate of $4.64 per share. Abbott shares were mostly flat in premarket trading Wednesday. The Bottom Line Shares of Abbott Labs ( ABT ) have a 3.67% dividend yield, based on last night’s closing stock price of $47.96. The stock has technical support in the $44-$46 price area. If the shares can firm up, we see overhead resistance around the $50-$52 price levels. Abbott Laboratories ( ABT ) 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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