General Electric has gained 0.3% to $23.18 today after a report that it plans to unload its consumer lending division.
Exxon MobilThe Wall Street Journal has the details:
The decision to divest the business, amid concerns about the company’s exposure to banking, marks an important moment in the evolution of GE and the country’s three-decade long consumer credit boom. GE Capital expanded to the point that its portfolio of loans and other assets now would rank it as the country’s fifth-largest commercial bank.
Preliminary work to separate the business through an initial public offering is under way, according to people familiar with the matter…An IPO could come early next year, the people said.
S&P Capital IQ’s Eric Hugel�considers what comes next for the U.S. blue chip:
Top Forestry Companies To Own For 2015: Chevron Corporation(CVX)
Chevron Corporation, through its subsidiaries, engages in petroleum, chemicals, mining, power generation, and energy operations worldwide. It operates in two segments, Upstream and Downstream. The Upstream segment involves in the exploration, development, and production of crude oil and natural gas; processing, liquefaction, transportation, and regasification associated with liquefied natural gas; transportation of crude oil through pipelines; and transportation, storage, and marketing of natural gas, as well as holds interest in a gas-to-liquids project. The Downstream segment engages in the refining of crude oil into petroleum products; marketing of crude oil and refined products primarily under the Chevron, Texaco, and Caltex brand names; transportation of crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car; and manufacture and marketing of commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives. It a lso produces and markets coal and molybdenum; and holds interests in 13 power assets with a total operating capacity of approximately 3,100 megawatts, as well as involves in cash management and debt financing activities, insurance operations, real estate activities, energy services, and alternative fuels and technology business. Chevron Corporation has a joint venture agreement with China National Petroleum Corporation. The company was formerly known as ChevronTexaco Corp. and changed its name to Chevron Corporation in May 2005. Chevron Corporation was founded in 1879 and is based in San Ramon, California.
Advisors' Opinion:- [By Matt Thalman]
So what happened? The problem was that some of the Dow's most heavily weighted stocks were the big decliners, while some of the more lightly weighted ones were the top winners. Chevron (NYSE: CVX ) , ExxonMobil (NYSE: XOM ) , and Verizon, the Dow's biggest losers last week, fell by a respective 2.04%, 2.99%, and 1.5% -- and combined, those stocks carry 13.1% of the Dow's total weight.
- [By Ben Levisohn]
The rally in energy stocks has lifted ExxonMobil (XOM) and Chevron (CVX) almost equally during the past three months. Argus Research, however, is only downgrading one.
- [By Claudia Assis]
Major oil companies also reversed course, with shares of Exxon Mobil Corp. (XOM) �up 0.8%. Shares of Chevron Corp. (CVX) �advanced 0.8% as well, while shares of ConocoPhillips (COP) �gained 0.4%.
- [By Arjun Sreekumar]
Talisman's and Marathon's decision to retrench from their Polish operations comes not too long after ExxonMobil (NYSE: XOM ) announced last year that it would stop exploring for natural gas in Poland after initial tests failed to yield commercial quantities of gas. Of the remaining energy majors, only Chevron (NYSE: CVX ) , ConocoPhillips (NYSE: COP ) and Eni still have operations in Poland.
Top 10 Blue Chip Stocks To Own Right Now: International Business Machines Corporation(IBM)
International Business Machines Corporation (IBM) provides information technology (IT) products and services worldwide. Its Global Technology Services segment provides IT infrastructure and business process services, including strategic outsourcing, process, integrated technology, and maintenance services, as well as technology-based support services. The company?s Global Business Services segment offers consulting and systems integration, and application management services. Its Software segment offers middleware and operating systems software, such as WebSphere software to integrate and manage business processes; information management software for database and enterprise content management, information integration, data warehousing, business analytics and intelligence, performance management, and predictive analytics; Tivoli software for identity management, data security, storage management, and datacenter automation; Lotus software for collaboration, messaging, and so cial networking; rational software to support software development for IT and embedded systems; business intelligence software, which provides querying and forecasting tools; SPSS predictive analytics software to predict outcomes and act on that insight; and operating systems software. Its Systems and Technology segment provides computing and storage solutions, including servers, disk and tape storage systems and software, point-of-sale retail systems, and microelectronics. The company?s Global Financing segment provides lease and loan financing to end users and internal clients; commercial financing to dealers and remarketers of IT products; and remanufacturing and remarketing services. It serves financial services, public, industrial, distribution, communications, and general business sectors. The company was formerly known as Computing-Tabulating-Recording Co. and changed its name to International Business Machines Corporation in 1924. IBM was founded in 1910 and is based in Armonk, New York.
Advisors' Opinion:- [By Russ Kaplan]
Our pick is the well-known blue chip company International Business Machines (IBM). Technology has changed drastically since 1910, and IBM has always risen to a challenge, which, over the years, has left many high tech companies in the dust.
- [By Alex Planes]
Tabulating a dynasty
IBM (NYSE: IBM ) was created on June 16, 1911, as the result of a merger between three technically inclined manufacturing businesses. It was known as the Computing-Tabulating-Recording Company until 1924 -- the same year that Ford built its 10 millionth Model T. CTR, as it was sometimes known, traced its origins to an inventor named Herman Hollerith, who devised a punched-card tabulator that offered tremendous time savings for enterprises (like the U.S. Census) engaged in the tedium of tallying up vast quantities of data. However, it wasn't Hollerith who built IBM into the business-services behemoth you know today. Much of IBM's character was formed during the tenure of the two Thomas Watsons, a legendary father-and-son executive pair that guided the company for more than half a century. You can read more about IBM's origins and its Watson-driven rise to prominence when you click on this link. - [By Matt Koppenheffer]
Brendan Mathews: Toward the end of the meeting, a shareholder asked about IBM's (NYSE: IBM ) moat. Warren basically sidestepped the question, saying he didn't understand IBM's moat as well as Coca-Cola's (NYSE: KO ) . According to Buffett, He likes IBM's financial policies and thinks it will do well, but he feels more conviction in Coca-Cola, Wrigley, Heinz (NYSE: HNZ ) , and Burlington Northern Santa Fe.
- [By Andrew Tonner]
Over a long and enviable career, Warren Buffett and Berkshire Hathaway have amassed one of the most enviable track records in all of investing. Having kept to the basics of largely buying great companies he understands at fair prices, Buffett has been an example for investors the world over. And while technology has famously been an area he's avoided like the plague, he has purchased one tech stock -- the venerable IBM (NYSE: IBM ) . And while it remains a solid blue chip, the company's been in a bit of a rut lately. In this video, Fool contributor Andrew Tonner breaks down the recent goings-on at Big Blue and whether it remains a buy for investors today.
Top 10 Blue Chip Stocks To Own Right Now: Philip Morris International Inc(PM)
Philip Morris International Inc., through its subsidiaries, engages in the manufacture and sale of cigarettes and other tobacco products in markets outside of the United States. Its international product brand line comprises Marlboro, Merit, Parliament, Virginia Slims, L&M, Chesterfield, Bond Street, Lark, Muratti, Next, Philip Morris, and Red & White. The company also offers its products under the A Mild, Dji Sam Soe, and A Hijau in Indonesia; Diana in Italy; Optima and Apollo-Soyuz in the Russian Federation; Morven Gold in Pakistan; Boston in Colombia; Belmont, Canadian Classics, and Number 7 in Canada; Best and Classic in Serbia; f6 in Germany; Delicados in Mexico; Assos in Greece; and Petra in the Czech Republic and Slovakia. It operates primarily in the European Union, Eastern Europe, the Middle East, Africa, Asia, Canada, and Latin America. The company is based in New York, New York.
Advisors' Opinion:- [By GuruFocus]
Philip Morris International Inc. (PM) Reached the 52-Week Low of $83.79
The prices of Philip Morris International Inc. (PM) shares have declined to close to the 52-week low of $83.79, which is 15.1% off the 52-week high of $96.73. Philip Morris International Inc. is owned by 31 Gurus we are tracking. Among them, 14 have added to their positions during the past quarter. Nine reduced their positions. - [By Dan Caplinger]
The name change reflected the company's wish to have consumers and investors see beyond its tobacco business, which at the time was plagued by more substantial legal battles with billions in potential liability hanging in the balance. Shareholders approved the name change in 2002. The irony, of course, is that Altria has since spun off both Kraft and its Philip Morris International (NYSE: PM ) global tobacco divisions, leaving Altria holding the old core Philip Morris USA division.
Top 10 Blue Chip Stocks To Own Right Now: Colgate-Palmolive Company(CL)
Colgate-Palmolive Company, together with its subsidiaries, manufactures and markets consumer products worldwide. It offers oral care products, including toothpaste, toothbrushes, and mouth rinses, as well as dental floss and pharmaceutical products for dentists and other oral health professionals; personal care products, such as liquid hand soap, shower gels, bar soaps, deodorants, antiperspirants, shampoos, and conditioners; and home care products comprising laundry and dishwashing detergents, fabric conditioners, household cleaners, bleaches, dishwashing liquids, and oil soaps. The company offers its oral, personal, and home care products under the Colgate Total, Colgate Max Fresh, Colgate 360 Advisors' Opinion:
- [By Demitrios Kalogeropoulos]
Colgate-Palmolive (NYSE: CL )
Colgate's shares are trading well below the $62 high they hit just last month. The consumer goods company is heavily levered to international sales, with more than 80% of its business coming from outside the U.S. and more than half coming from emerging markets. - [By Dividend Growth Investor]
In a previous article, I outlined that it is getting more difficult to find quality dividend paying stocks to buy. Most of the usual suspects like Kimberly-Clark (KMB) or Colgate-Palmolive (CL) are very overvalued today, which prevents me from adding to my positions there. Other companies like Chevron (CVX) are attractively valued today, but unfortunately my portfolio is overweight in them. Currently I find the oil sector to be cheap and have some of the lowest P/E ratios in the market. However, I would hate to be concentrated in one sector which is exposed to the fluctuating prices in its commodity products.
- [By Wallace Witkowski]
Other earnings highlights in the coming week include Dow components McDonald�� Corp. (MCD) , DuPont (DD) , AT&T Inc. (T) , and Procter & Gamble Co. (PG) . Notable S&P 500 companies include Halliburton Co. (HAL) , Netflix Inc. (NFLX) �, Amgen Inc. (AMGN) �, TripAdvisor Inc. (TRIP) �, Amazon.com Inc. (AMZN) �, Colgate-Palmolive Co. (CL) �, Ford Motor Co. (F) �, Dow Chemical Co. (DOW) �, and United Parcel Service Inc. (UPS) �
Top 10 Blue Chip Stocks To Own Right Now: Visa Inc.(V)
Visa Inc., a payments technology company, engages in the operation of retail electronic payments network worldwide. It facilitates commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses, and government entities. The company owns and operates VisaNet, a global processing platform that provides transaction processing services. It also offers a range of payments platforms, which enable credit, charge, deferred debit, debit, and prepaid payments, as well as cash access for consumers, businesses, and government entities. The company provides its payment platforms under the Visa, Visa Electron, PLUS, and Interlink brand names. In addition, it offers value-added services, including risk management, issuer processing, loyalty, dispute management, value-added information, and CyberSource-branded services. The company is headquartered in San Francisco, California.
Advisors' Opinion:- [By Jason Moser]
MasterCard's share of electronic payments
This represents the share of the 15% of transactions that are already in electronic form. On the one hand, according to the Nilson Report competitor Visa (NYSE: V ) holds about 63% share versus MasterCard's 31%. But when we consider that MasterCard's network has the capacity to handle more than 160 million transactions per hour, and only runs at about 80% capacity per day, there is obviously room to grow, and that is what management is doing. CFO Martina Hund-Mejean put it bluntly: "Look, we are looking at ourselves as a growth company, and obviously all of our investments that we are doing are really pointed to make sure that the top line continues to grow."� - [By Marc Bastow]
A total of 19 companies raised their dividends this week, led by big names like Visa (V) and Honeywell (HON). (Note: All dividend yields are as of Oct. 25.)
Top 10 Blue Chip Stocks To Own Right Now: Apple Inc.(AAPL)
Apple Inc., together with subsidiaries, designs, manufactures, and markets personal computers, mobile communication and media devices, and portable digital music players, as well as sells related software, services, peripherals, networking solutions, and third-party digital content and applications worldwide. The company sells its products worldwide through its online stores, retail stores, direct sales force, third-party wholesalers, resellers, and value-added resellers. In addition, it sells third-party Mac, iPhone, iPad, and iPod compatible products, including application software, printers, storage devices, speakers, headphones, and other accessories and peripherals through its online and retail stores; and digital content and applications through the iTunes Store. The company sells its products to consumer, small and mid-sized business, education, enterprise, government, and creative markets. As of September 25, 2010, it had 317 retail stores, including 233 stores in the United States and 84 stores internationally. The company, formerly known as Apple Computer, Inc., was founded in 1976 and is headquartered in Cupertino, California.
Advisors' Opinion:- [By Tom Aspray]
The market was rattled again in September of 2012 by disappointing news from China and some columnists were looking for their economy to crash because of overcapacity. The poor action by market leader Apple, Inc. (AAPL) helped to accelerate the decline.
Top 10 Blue Chip Stocks To Own Right Now: McDonald's Corporation(MCD)
McDonald?s Corporation, together with its subsidiaries, operates as a worldwide foodservice retailer. It franchises and operates McDonald?s restaurants that offer various food items, soft drinks, coffee, and other beverages. As of December 31, 2009, the company operated 32,478 restaurants in 117 countries, of which 26,216 were operated by franchisees; and 6,262 were operated by the company. McDonald?s Corporation was founded in 1948 and is based in Oak Brook, Illinois.
Advisors' Opinion:- [By Dan Caplinger]
The Dow Jones Industrials (DJINDICES: ^DJI ) made history last week, with a rise of 216 points carrying the average above 17,000 and reigniting investor interest in the stock market more broadly. Even though many investors have remained on the sidelines as stocks become increasingly expensive, the bull market shows few signs of stopping, and positive economic data are helping to support company fundamentals within many sectors of the market. Nevertheless, several Dow stocks missed out on the market's overall gains, with Microsoft (NASDAQ: MSFT ) , United Technologies (NYSE: UTX ) , and McDonald's (NYSE: MCD ) being the three worst performers of the week.
No comments:
Post a Comment