Tag: consumer staples
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Putin on the blitz
Russia invades Ukraine sending markets on a ride, Dow goes into correction (briefly), bank stocks clobbered, and much much more!
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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…
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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!
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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…
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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…
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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…