Tag: NASDAQ:KRFT

  • Consumer Goods Bullish Stocks: China Automotive Systems (NASDAQ:CAAS), McCormick, Toyota Motor Corp (NYSE:TM), Energizer Holdings (NYSE:ENR), Kraft Foods Group (NASDAQ:KRFT)

    China Automotive Systems (NASDAQ:CAAS) announced a special dividend on Tuesday, May 27th, Analyst RN reports. Investors of record on Thursday, June 26th will be paid a dividend of 0.18 per share on Monday, July 28th. China Automotive Systems, Inc. (NASDAQ:CAAS) stock opened today at $9.20 and is currently trading at $9.00. The stock showed a positive weekly performance of 14.46%.

    On May 22, the SCC ruled in McCormick & Company, Incorporated (NYSE:MKC) v. Fasken Martineau DuMoulin — the case of a lawyer who fought his firm’s partnership agreement requiring him to retire at age 65. Mitch McCormick insisted it was a matter of human rights and age discrimination, but the SCC rejected that premise, ruling that the freedom he was granted as an equity partner disqualified him from the protections afforded regular employees. McCormick & Company, Incorporated (NYSE:MKC) stock opened at $72.13, in current trading session and currently is at $72.03, by losing -0.11%. The 52 week range of $62.75 – $73.79. Company’s market capitalization is 9.45 billion.

    Japanese automaker Toyota Motor Corp. (ADR) (NYSE:TM) announced plans to raise its directors’ pay by 19 percent from last year after posting a record profit. Toyota is proposing to spend $14.9 million in combined compensation and bonuses to directors, including President Akio Toyoda. Toyota Motor Corp (ADR) (NYSE:TM) stock is currently trading at $113.25. The EPS of the stock is 11.28. Company’s market capitalization is 179.49 billion.

    Goodyear Tire & Rubber Co., Herbalife Ltd. and Energizer Holdings Inc. (NYSE:ENR) have said they would need to take write-downs of $235 million, $103 million and $62 million, respectively, if they revalued at the new rate. Energizer Holdings, Inc. (NYSE:ENR) stock opened the session at $115.28, and now is at $115.55. The 52 week range of the Energizer Holdings, Inc. (NYSE:ENR) stock remained $90.59 – $116.80 and the day range was $114.75 – $116.07.

    On May 29, 2014, Kraft Foods Group Inc. (NASDAQ:KRFT) entered into a revolving credit agreement (the “Agreement”) for a five-year senior unsecured revolving credit facility in an aggregate principal amount of $3.0 billion with the lenders named in the Agreement; JPMorgan Chase Bank, N.A. and Barclays Bank PLC as administrative agents; and J.P. Morgan Securities LLC, Barclays Bank PLC, Citigroup Global Markets Inc., and RBS Securities Inc. as joint lead arrangers and joint bookrunners. Kraft Foods Group Inc. (NASDAQ:KRFT) stock opened today at $59.23 and is currently trading at $58.85. The stock showed a positive weekly performance of 2.29%.