Household Products

Citi is out with its report today on Clorox (NYSE: CLX), lowering its PT from $71 to $69. In its report, Citi writes, "CLX continues to be impacted by weak category growth and input cost pressures. With the stock trading ahead of its fundamentals (boosted by Icahn's proposed takeover), we maintain...

Citigroup has lowered the price target on Clorox (NYSE: CLX) from $71 to $69 and maintains its Hold rating.

Kimberly-Clark Health Care (NYSE: KMB) announced today that it is implementing a double-digit price increase on synthetic exam gloves due to unprecedented demand for and rising costs of raw materials, particularly butadiene and acrylonitrile.

While the markets trended downward most of the day yesterday, consumer goods giants Colgate-Palmolive (NYSE: CL) and Kimberly-Clark (NYSE: KMB) reached new mutliyear highs of $90.99 and $69.39 per share, respectively. Colgate-Palmolive reported strong second-quarter results earlier this summer,...

Russian bailiffs today raided BP's (NYSE: BP) Moscow offices with regards to a lawsuit over the company's joint venture in Russia, through minority shareholders of TNK-BP. In Soviet Russia, nothing goes right. You're screwed. Carl Icahn yesterday saying his board nominees would try to sell...

The Clorox Company (NYSE: CLX) today issued the following statement in response to a press release issued by Carl Icahn. The Clorox board of directors remains open to any credible proposal, and believes that Mr. Icahn's latest proposal is highly conditional, substantially undervalues the company...

Fortune Brands, Inc. (NYSE: FO) today announced the addition of two directors to the board of Beam, the standalone public spirits company to result from the planned separation of its businesses. Effective December 1, 2011, Stephen W. Golsby, president and chief executive officer of Mead Johnson...

Citi Investment Research is out with a research report on Energizer Holdings Inc (NYSE: ENR) and is lowering its price target to $86 from $95. It still rates shares at Buy. In a note to clients, Citi Investment Research writes, "Hurricanes that come on shore and quickly dissipate (as is often...

Below are the top cleaning products stocks on the NYSE and the NASDAQ in terms of operating margin. The trailing-twelve-month operating margin at Church & Dwight Company Inc (NYSE: CHD) is 16.94%. CHD's ROE for the same period is 14.95%. The trailing-twelve-month operating margin at Ecolab...

The Clorox Company (NYSE: CLX) today issued the following statement regarding the announcement by High River Limited Partnership, an affiliate of Icahn Enterprises L.P., that it has submitted a full slate of 11 nominees to replace the entire existing board of directors and stand for election at...

I can't remember how many times I have written that the U.S. is the largest debtor nation in the history of the world. Well yesterday I was reading a post from a reader who is an economics professor and he told me that I was correct. We are the largest debtor nation in the history of the world but...

Jefferies is out with its report today on Procter & Gamble (NYSE: PG), lowering its PT to $69 from $71. In its report, Jefferies writes, "We are lowering our PT and 2012E (Jun) EPS est. on near-term pressures, notably commodity inflation not fully offset by price increases. Mgt is targeting...

Jefferies & Company has lowered the price target on Procter & Gamble (NYSE: PG) from $71 to $69 and maintains its Hold rating.

Wal-Mart Stores Inc (NYSE: WMT) moved up 2.26% to $51.11 in the pre-market session. WMT reported a 5.7% rise in its fiscal second-quarter net income. Home Depot Inc (The) (NYSE: HD) added 1.72% to $32.00 in the pre-market session. HD reported a 14% rise in its fiscal-second-quarter net income....

According to Morgan Stanley, Colgate-Palmolive Company (NYSE: CL) has been upgraded from Equal-Weight to Overweight. PT is set at $92. Colgate closed yesterday at $80.18.