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Stock Market & Financial Investment News

News Breaks
February 19, 2013
05:55 EDTK, K, K, K, CPB, CPB, CPB, CPB, DSTI, DSTI, DSTI, DSTI, HSH, HSH, HSH, HSH, BG, BG, BG, BG, HSY, HSY, HSY, HSY, CCE, CCE, CCE, CCE, PG, PG, PG, PG, PEP, PEP, PEP, PEP, AVP, AVP, AVP, AVP, CLX, CLX, CLX, CLX, NWL, NWL, NWL, NWL, CHD, CHD, CHD, CHD, ENR, ENR, ENR, ENR, CL, CL, CL, CL, EL, EL, EL, ELConsumer Analyst Group of New York hosts conference
CAGNY 2013 is being held in Boca Raton, Florida on February 18-22.
News For EL;CL;ENR;CHD;NWL;CLX;AVP;PEP;PG;CCE;HSY;BG;HSH;DSTI;CPB;K From The Last 14 Days
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May 17, 2013
16:34 EDTCLXClorox board authorizes new $750M share repurchase, cancels old programs
Clorox disclosed in a regulatory filing that on May 13, the board of directors of the company terminated its previously announced May 13, 2008 and May 18, 2011 share repurchase authorizations and authorized an updated share repurchase program for an aggregate purchase amount of up to $750M. This reduces the total dollar value of shares that the company could repurchase under its open market share repurchase program from $821M to $750M. This $750M open market share repurchase program is in addition to the company’s previously announced evergreen repurchase program to reduce or eliminate dilution in connection with issuances of stock under the company’s stock incentive plans.
May 16, 2013
10:03 EDTCCEOn The Fly: Analyst Downgrade Summary
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07:21 EDTCCECoca-Cola Enterprises downgraded to Hold from Buy at Stifel
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May 15, 2013
17:38 EDTPEPTrian Fund gives quarterly update on stakes
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17:30 EDTPEPRelational Investors gives quarterly update on stakes
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10:13 EDTCLXOn The Fly: Analyst Downgrade Summary
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07:31 EDTBGBMO Capital to host a conference
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06:31 EDTCLXClorox downgraded to Neutral from Outperform at Credit Suisse
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May 14, 2013
10:30 EDTNWLNewell Rubbermaid management to meet with JPMorgan
Meeting to be held in Toronto on May 16 hosted by JPMorgan.
10:19 EDTCHDChurch & Dwight repeats view of FY13 adjusted EPS $2.79, consensus $2.80
Reiterates outlook for 2013 organic sales to rise 3%-4%. Prior outlook from May 2 repeated in slides for Goldman Sachs Consumer Products Symposium.
08:54 EDTPGProcter & Gamble CFO says 'on-track' with FY sales, cost saving plans
08:46 EDTPGProcter & Gamble repeats FY13 core EPS view $3.96-$4.04, consensus $4.04
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07:25 EDTHSH, PG, CHD, NWLGoldman to host a symposium
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05:37 EDTCLXClorox raises quarterly dividend to 71c per share from 64c per share
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May 13, 2013
07:10 EDTCLCompanies pursue more deals in India, Bloomberg reports
The largest overseas bet on Indian consumers is spurring speculation that companies from Nestle (NSRGY) to Colgate-Palmolive (CL) will pursue more deals in a nation where household income is forecast to triple this decade, reports Bloomberg.Reference Link
06:05 EDTCLOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: U.S. companies are on track to raise the most money through IPOs since before the financial crisis, driven by the same thirst for risk among investors that has pushed the stock market to new highs. Already this year, 64 U.S.-listed public offerings have raised $16.8B, according to Dealogic, the Wall Street Journal reports...Cisco Systems (CSCO) shares fell this time last year after executives warned their biggest corporate customers were ordering less equipment. If history repeats itself this week, the networking giant will join a dreary but growing club (IBM, JNPR), the Wall Street Journal reports...REUTERS: Japan's Nikkei share average surged to a new 5-1/2-year high today as the weakening yen further bolstered exporters, while brokerage shares attracted buyers who see growing volume bringing in much more fee income, Reuters reports...China's factory output growth was surprisingly muted in April, darkening the outlook for the Chinese economic recovery and feeding expectations that the government may take policy action to support activity. Annual industrial output grew 9.3%, up from 8.9% in March but still missing market expectations for a 9.5%, Reuters reports...BLOOMBERG: Wall Street’s major bond dealers are beginning to forecast that the Treasury Department will lower the size of its debt auctions in coming months for the first time in three years as government revenue soars, Bloomberg reports...The largest overseas bet on Indian consumers is spurring speculation that companies from Nestle (NSRGY) to Colgate-Palmolive (CL) will pursue more deals in a nation where household income is forecast to triple this decade, Bloomberg reports.
May 10, 2013
11:43 EDTPEPPepsiCo to test prototype fountain dispenser, Dow Jones reports
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May 8, 2013
14:01 EDTPGAckman has engaged Procter & Gamble on CEO, chair role split, CNBC's Kelly says
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13:43 EDTPGProcter & Gamble mentioned positively by Ackman at Sohn, CNBC's Kelly says
According to CNBC's Kate Kelly, Bill Ackman's Pershing Square holds 29M shares of Procter & Gamble, and Ackman called the company one of the world's great businesses. Reference Link
May 6, 2013
12:03 EDTKWendy's announces Todd Penegor to become CFO, effective September 1
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