Clorox Earnings Were So Bad the Stock Is Dropping the Most in More Than 20 Years

(CLX) stock was tumbling after the company’s earnings fell far short of analyst expectations. Clorox reported a fiscal fourth-quarter adjusted profit of 95 cents a share, missing analyst forecasts for $1.36 a share, on sales of $1.8 billion, below expectations for $1.92 billion. It said it would earn between $540 and $5.70 in fiscal 2022, well below analyst forecasts for $7.67.

• 
  Clorox forecasts drop in annual sales as pandemic boom fades, shares fall

  Reuters
• 
  Clorox shares slide 7% premarket as earnings hurt by inflation and lower demand for cleaning products

  MarketWatch

Last Week's Notable Insider Buys: Beacon Roofing Supply, Cricut, Crown Castle And More

Insider buying can be an encouraging signal for potential investors, especially when markets are near all-time highs. A couple of infrastructure-related companies attracted some notable insider buying last week. Beneficial owners were in the spotlight again, as earnings season means buy windows are close for many insiders. Conventional wisdom says that insiders and 10% owners really only buy shares of a company for one reason -- they believe the stock price will rise and they want to profit from

3 Stocks Flashing Signs of Strong Insider Buying

Every investor wants an ‘in,’ some hint that will tell exactly what a stock is going to do, and when. The kind of signal that will cut through the market’s noise, and makes sense of the deluge of raw data that every company generates. Multiply that data by 10,000 publicly traded stocks, and you’ll have some idea of just how daunting the markets can be. It’s tempting to follow an expert: a Wall Street analyst, or a trading guru. They all have important contributions to make. But here, we’ll take

My ‘shifty’ husband keeps our $3.5M property business in his name only. I don’t want to get kicked out if he should die

‘What if he decides to divorce me? How will I be protected? He tells me everything is just fine and those issues will never be a problem for me.’