It’s critical to know whether a stock you plan on buying has an ex-dividend status, because in case it does, the dividend would be paid out to the seller. The person who owns the stock on the ex-dividend date will be awarded the payment, which means that you’ll have to wait for the next dividend cycle to receive your first dividend payout from the company.
On the other hand, share prices typically decline just after the ex-dividend date is declared, and usually by an amount equal to the expected dividend. So, this may give you the opportunity to identify a good entry point. If you’re planning on selling shares on or after the ex-dividend date, you'll receive the dividend payout from the company.
Top China Companies To Watch In Right Now: Marsh & McLennan Companies, Inc.(MMC)
Advisors' Opinion:- [By Reuters]
Wendy Maeda/The Boston Globe via Getty Images NEW YORK -- Walgreen is moving 120,000 employees to a private health insurance exchange from coverage provided directly from carriers, the company will announce Wednesday. The pharmacy chain will join 17 other large employers on the Aon Hewitt Corporate Health Exchange as part of a growing movement to offer employees fixed dollar amounts to purchase their own plans on such exchanges. The end-cost to employees depends on the plan chosen, but they typically get more options than under traditional arrangements. Private exchanges mimic the coverage mandated as part of the Affordable Care Act. Enrollment in the public exchanges starts Oct. 1. "What happens to employer contributions over time? Will they put in as much as they put in the past? These are unanswered questions but potential negatives," says Paul Fronstin, a senior research associate with the Employee Benefit Research Institute. The benefit to Walgreen and other employers is unknown at this point, as their cost-savings aren't clear. Of the 180,000 Walgreen (WAG) employees eligible for health care insurance, 120,000 opted for coverage for themselves and 40,000 family members. Another 60,000 employees, many of them working part-time, weren't eligible for health insurance. Aon Hewitt (AON) says other participants in its program include retailer Sears Holding (SHLD) and Darden Restaurants (DRI). These new additions raise enrollment to 330,000 from 100,000 last year, and Aon Hewitt estimates enrollment will jump to 600,000 next year, a fivefold increase from 2012. By 2017, nearly 20 percent of employees nationwide could get their health insurance through a private exchange, according to Accenture Research (ACN). A recent report by the National Business Group on Health said that 30 percent of large employers are considering moving active employees to exchanges by 2015. Other major providers of private exchanges include Mercer, a division of Marsh & Mc
Top China Companies To Watch In Right Now: Opexa Therapeutics, Inc.(OPXA)
Advisors' Opinion:- [By Lisa Levin]
Opexa Therapeutics Inc (NASDAQ: OPXA) shares dropped 70 percent to $1.02 after the company disclosed that its top-line results from Phase 2b Abili-T trial evaluating Tcelna did not meet primary endpoint.
Top China Companies To Watch In Right Now: J.M. Smucker Company (The)(SJM)
Advisors' Opinion:- [By Ben Levisohn]
J.M. Smucker (SJM) has climbed 4.4% to $138.60 after reporting higher-than-forecast revenue.
Francesca’s Holdings (FRAN) has jumped 5.4% to $11.00 after beating earnings forecasts.
- [By Ben Levisohn]
Shares of JM Smucker (SJM) are getting pounded today after the food company beat earnings forecasts but missed on revenue. Susquehanna’s Pablo Zuanic doesn’t recommend using JM Smucker’s weakness as an opportunity to buy shares:
Associated PressThe sales miss today (worth 7c of EPS) is troubling as it shows the Big Heart pet food business (1/3 of SJM post acquisition) has significant gaps (mass premium, independent specialty) and is not sustaining growth in the areas that were supposed to drive growth in the first place (pet snacks, sales in the specialty channel); and the other half (wet/dry pet food) faces ongoing price pressures. All this raises the risk that a larger share of BH synergies may eventually need to be reinvested. On the other hand, coffee was not as bad as the fiscal 1Q17 numbers implied; pipeline fill comps were hefty, and although underlying trends are slowing, this is nowhere as bad as what the headline reported numbers indicate. Despite cutting total company sales guidance, SJM management left EPS guidance unchanged (lower input costs, lower tax rate). We have slightly lowered our already below consensus sales estimates, but have increased coffee margin assumptions, so actually our EPS goes to $7.54 from $7.52, up but still below guidance of $7.60-7.75. Our price target remains at $139 by Dec��16. Our proper apples-to-apples comps, taking the intraday price of $143.80, SJM trades at a -8% discount to peers, while we think a 5-10% discount would be more warranted (our PT takes -10% given increased risk and blurred visibility). We think coffee margins for FY16 are abnormal and do not expect them to be sustained in FY18; by the same token, we see downside risk by then in pet food margins.
Citigroup’s David Driscoll and Cornell Burnette call the selloff “overdone.” They explain why:
SJM shares are down -8% following the firm��s F1Q17 report, in which SJM beat consensus EPS ests by +
- [By Douglas A. McIntyre] The Pillsbury Doughboy is the mascot of the Pillsbury Company, which is owned by General Mills (NYSE: GIS) and J.M. Smucker (NYSE: SJM). The Doughboy was created by Pillsbury��s advertising agency almost 50 years ago. Pikachu are characters owned by The Pokemon Company International and appear in card games, video games, TV shows, movies and comic books. Founded in 1998, the Japanese company has achieved total games sales of almost 280 million. SpongeBob SquarePants was created for Nickelodeon, which is owned by Viacom (NASDAQ: VIA). The show premiered in 1999 and has spawned movies, video games and theme park rides. Ronald McDonald is a c
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