Avon to Cut 1,500 Jobs Globally (AVP)
On Wednesday beauty products manufacturer and marketer Avon Products, Inc. (AVP) announced that it is going to cut 1,500 jobs globally over the next year as well as leave certain Asian markets. The New...
View ArticleDividend Highlights/Lowlights for Dec. 12
These were some of the biggest dividend stock performers on the upside and the downside in today’s market action. Highlights Lennar Corp (LEN) – up 4% Joy Global Inc. (JOY) – up 4% DR Horton (DHI) – up...
View ArticleMarket Wrap-Up for Dec.12 (COST, JOY, MMM, GWW, STX, CF, more)
The markets were fairly subdued ahead of Federal Reserve commentary, which by the way focused on further Fed intervention. Market watchers basically labeled the initiatives as QE4. Looking at some of...
View ArticleDividend Payout Changes for Dec.12
The following companies announced a change in their dividend payouts today. Companies Increasing Dividend Payouts Agnico-Eagle Mines (AEM) has raised its annual dividend payout from $.80 to $.88. The...
View ArticleMetlife Offers Cautious Guidance for Q4, FY12, and FY13 (MET)
Insurance provider, Metlife Inc(MET) reported expected earnings for Q4, 2012, and 2013 on Thursday. The company is estimating fourth quarter earnings in the range of $1.2 billion to $1.3 billion, or...
View ArticleReport: Founder’s Latest Offer to Acquire Best Buy Imminent (BBY)
According to a Wednesday report from the Minneapolis Star Tribune, former company founder Richard Schulze is readying a new buyout offer for embattled electronics retailer Best Buy Co., Inc. (BBY)....
View ArticleTop 50 High-Yield Dividend Stocks on Our Watchlist
The following dividend stocks are companies we are currently watching closely for possible inclusions on our “Best Dividend Stocks” list. Every Thursday we will look at our various watchlists to sort...
View ArticleBoston Properties Downgraded at Stifel Nicolaus (BXP)
Stifel Nicolaus reported on Thursday that they have reduced their rating for Real estate investment trust (REIT), Boston Properties, Inc.(BXP). The firm reported that they have downgraded BXP from a...
View ArticleCitigroup Reaffirms Rating for Dicks Sporting Goods (DKS)
Citigroup reported on Thursday that they have reaffirmed both their rating and their price target for sporting goods retailer, Dicks Sporting Goods Inc(DKS). The firm reported that they have maintained...
View ArticleCVS Caremark Offers Upbeat 2013 Forecast & Boosts Dividend by 38% (CVS)
Drug store chain operator CVS Caremark Corporation (CVS) on Thursday offered a better-than-expected 2013 earnings outlook and unveiled plans to boost its dividend by 38%. The Woonsocket, RI-based...
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