Nov. 13, 2014, 2:59 PM
Nov. 13, 2014, 2:35 PM
Nov. 8, 2014, 9:25 AM
- Energy companies finally are starting to halt a few new U.S. drilling projects as oil prices fall, which Barclays believes may put the U.S. oil boom at risk but "on balance, we believe lower oil prices are good.”
- If strong U.S. energy growth is interrupted, spending in the sector could be cut by $40B, but consumers could save $70B next year as the price at the pump falls for gasoline and diesel, according to Barclays head of U.S. equity strategy Jonathan Glionna.
- The most likely beneficiaries would be discretionary areas such as restaurants, entertainment, apparel, electronics and furniture, he says.
- Glionna lists 27 stocks that could benefit from lower oil prices: AAL, AGCO, AXL, BERY, BLMN, BWLD, CHH, CLX, DE, DPZ, FDX, GM, HD, KMB, KR, KSS, MHK, MMM, PENN, PPG, SAVE, SHW, TGT, UPS, VAL, WMS, WMT.
Nov. 3, 2014, 10:51 AM| Comment!
Oct. 21, 2014, 9:18 AM
- Kimberly-Clark (NYSE:KMB) announces it will restructure itself in order to improve efficiency following the spinoff of its health care operation.
- The company's workforce will be reduced by 1,100 to 1,300 employees.
- Total costs for the restructuring are pegged at $130M-$160M.
- The action is expected to deliver pre-tax savings of $120M-$140M by the end of 2017.
- Previous: Q3 results, highlights.
- KMB +0.9% premarket.
Oct. 21, 2014, 9:11 AM
- Kimberly-Clark (NYSE:KMB) reports organic sales 4% in Q3 with all segments showing a volume gain.
- Segment revenue growth: Personal care +3.9% to $2.475B, Consumer Tissue +4.4% to $1.697B, K-C Professional +3.6% to $873M, Health Care -2.7% to $392M.
- Guidance: The company sets its outlook for FY14 EPS at $5.93-$6.03 vs. $6.00-$6.15 prior and $6.06 consensus.
- KMB +0.9% premarket
Oct. 21, 2014, 7:31 AM
Oct. 20, 2014, 5:30 PM
Oct. 7, 2014, 9:04 AM
- Kimberly-Clark (NYSE:KMB) indicates shareholders will receive one share of Halyard Health common stock for every 8 shares of common stock they own.
- The spinoff of the healthcare business will occur on October 31.
- As a result of a cash payment incoming from Halyard Health, Kimberly-Clark ups its share repurchase target for the current year to $2B from $1.3B-$1.5B.
Sep. 22, 2014, 12:00 PM
- Citigroup analyst Wendy Nicholson thinks a takeover by Procter & Gamble (PG +0.5%) or Unilever (UL -0.1%) of Clorox makes little sense due to the heavy concentration of the multinational in developed markets.
- Nicholson thinks a more logical choice would be Kimberly Clark (KMB +0.4%) due to its size and corporate personality, although she is quick to note that even a KMB bid looks unlikely with valuation stretched out on Clorox and limited cost-slashing opportunities lying in wait.
Aug. 1, 2014, 9:19 AM
Jul. 28, 2014, 3:31 PM
- A number of consumer goods companies that sell widely to retail chains are under-performing market indexes today after Dollar Tree announced it will buy out Family Dollar.
- Consolidation in the retail sector could give some leverage to the store chains as their scale broadens, according to Belus Capital Advisors' Brian Sozzi.
- On watch: PepsiCo (PEP -0.7%), Coca-Cola (KO -0.7%), Kraft Foods (KRFT -0.1%), Procter & Gamble (PG -0.4%), Colgate-Palmolive (CL -0.3%), Energizer Holdings (ENR -0.8%), Kimberly-Clark (KMB -0.3%).
- Related ETFs: XLP, VDC, FXG, IYK, RHS, FSTA, UGE, SZK
Jul. 22, 2014, 7:32 AM
Jul. 21, 2014, 5:30 PM
Jul. 15, 2014, 7:08 AM
- Goldman Sachs upgrades Kimberly-Clark (NYSE:KMB) to Neutral after having the company stuck on a Sell rating.
- The investment firm has a more positive view on Kimberly-Clark's international growth opportunities.
- Shares of KMB have languished in a narrow band for the last six months, a trend that Goldman sees continuing.
Jul. 14, 2014, 5:37 PM
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