Tag: consumer staples

  • Consumer staples segment taking a beating today

    Consumer staples segment taking a beating today

    This is going to be one of those days. Let’s hope it doesn’t turn into something even bigger. The consumer staples segment is 11% of the total of all three of my portfolios. Shares of Philip Morris International, Kimberly-Clark and Mondelez International were all down more than 3%, sliding along with all of the other […]

  • Winter of discontent

    Winter of discontent

    Exxon & Chevron gush cash, Microsoft purchase of Activision to get FEC looksee, J&J to pay $150 million settlement, and much much more!

  • Clorox shares tumble after earnings drop

    Clorox shares tumble after earnings drop

    Clorox (CLX) has a current dividend yield of 3.20% and is rated as “Safe” by SimplySafeDividends. I hold CLX in my Low Yield Portfolio. In total CLX is 0.4% of my portfolio. Clorox shares declined 15% premarket after it reported an earnings drop from the year-ago quarter, as demand fell for cleaning products related to the […]

  • P&G reports strong quarter and consumer acceptance of higher prices

    P&G reports strong quarter and consumer acceptance of higher prices

    The Cincinnati-based consumer-products company reported revenue of $21 billion for the period ended Dec. 31, a 6% increase compared with a year earlier, fueled in part by the company’s highest average-price increases since spring 2019. U.S. inflation in 2021 hit its fastest pace in nearly four decades as pandemic supply and demand imbalances pushed up prices on […]

  • Walgreens raises forecasts and posts higher sales and profits

    Walgreens raises forecasts and posts higher sales and profits

    The Deerfield, Ill., drugstore chain said sales and profits rose in its latest quarter, and raised its full-year forecast as demand for Covid-19 vaccines and at-home tests continued to draw customers to its stores. Walgreens said it administered 15.6 million Covid-19 vaccinations in the latest quarter, which ended Nov. 30, and provided 6.5 million Covid-19 […]

  • Procter & Gamble issues recall for a variety of products after benzene detected in some

    Procter & Gamble issues recall for a variety of products after benzene detected in some

    The affected products include dry shampoos and dry conditioners from Pantene, Aussie and Herbal Essences, produced in the U.S. The consumer-goods company said it started investigating its products after news reports of other aerosol products containing benzene. In July, Johnson & Johnson recalled most of its Neutrogena and Aveeno spray sunscreens after it found the chemical in some of its products. […]

  • Proctor & Gamble raising prices on household staples

    Proctor & Gamble raising prices on household staples

    Inflation continues to ripple through all economic sectors The maker of Tide detergent and Gillette razors said it would start charging more for certain beauty, oral care and grooming products such as razors. The price increases come in addition to earlier moves to start charging more for staples from diapers to toilet paper. P&G, which released quarterly […]

  • Energymageddon

    Energymageddon

    Are we headed towards a 1970’s style energy crisis, J&J talc liability bankruptcy, Microsoft shuts down LinkedIn in China, and much more!

  • Walgreens closing five stores in San Francisco

    Walgreens closing five stores in San Francisco

    The crime problem in San Francisco and California as a whole continues to cause retailers problems. Walgreens Boots Alliance Inc. has announced that it will close five Walgreens stores in San Francisco in response to the rise in organized retail crime. Walgreens says it will move prescriptions and workers from the shuttered stores to nearby […]

  • Proctor & Gamble pressured to report on its efforts to address deforestation

    Proctor & Gamble pressured to report on its efforts to address deforestation

    Environmentalists scored a win against a corporate giant last year when Procter & Gamble Co. shareholders backed a proposal asking the maker of Charmin toilet paper and Bounty paper towel to report on its efforts to address deforestation. This year, the Natural Resources Defense Council, Sierra Club and several dozen descendants of P&G’s founding families are lobbying […]