|Day's Range||0.8600 - 1.0000|
Today we will run through one way of estimating the intrinsic value of Colgate-Palmolive Company (NYSE:CL) by...
Colgate-Palmolive Company (NYSE:CL) will provide a live webcast of its 2019 fourth quarter and year-end earnings conference call on Friday, January 31, 2020, at 11:00 a.m. ET. The call will be hosted by President and CEO, Noel Wallace, and Chief Investor Relations Officer, John Faucher.
Colgate (CL) witnesses soft margins on increased raw material costs, higher SG&A expenses and currency woes. However, its innovation plans, savings program and expansion strategies might help.
The Board of Directors of Colgate-Palmolive Company (NYSE:CL) today declared a quarterly cash dividend of $0.43 per common share, payable on February 14, 2020, to shareholders of record on January 23, 2020. The Company has paid uninterrupted dividends on its common stock since 1895.
Amid an overall bull market, many stocks that smart money investors were collectively bullish on surged in 2019. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 57%. Our research shows that most of the stocks that smart money likes historically generate strong risk-adjusted returns. That's why we weren't […]
Shares of Colgate-Palmolive Co. slumped 0.9% in morning trading Thursday, to buck the gains in its consumer staples peer group and the broader stock market, after BofA Securities downgraded the consumer products company, citing concerns over continued market-share losses. Analyst Olivia Tong cut her rating to neutral from buy, and lowered her price target to $74 from $77. "While we continue to view [Colgate-Palmolive] as one of the higher quality names in consumer staples, with dominant market shares, low private label exposure, geographic depth, and a more aggressive stance in driving growth, struggles to stem share losses in toothpaste and tough [comparisons] drive our concern that conditions will be more challenging next year, potentially necessitating another year of outsized investment," Tong wrote in a note to clients. The stock's decline comes while the SPDR Consumer Staples Select Sector ETF gained 0.4% and the S&P 500 tacked on 0.2%.
The bullish case for Colgate-Palmolive Company (NYSE: CL ) can no longer be made as recent momentum is unlikely to be sustained in 2020, according to Bank of America. The Analyst Olivia Tong downgraded ...
There's no doubt that investing in the stock market is a truly brilliant way to build wealth. But if when you choose...
Colgate-Palmolive is betting on new products like Optic White to spur growth after several quarters of shrinking profit margins.
Cresco Labs Inc. said Thursday it has raised $50 million in a sale-and-leaseback deal of its Lincoln, Illinois facility with GreenAcreage Real Estate Corp. The agreement, which will not dilute its shares, will allow the company to operate the property as a licensed medical and recreational cannabis grow facility in time for the full legalization of adult-use cannabis in Illinois in January. That market is expected to reach $2 billion to $4 billion in sales once it reaches maturity. Cresco had cash and cash equivalents of $73.7 million at the end of the third quarter, along with a working capital position of $144.6 million and zero debt. It has already entered a sale-and-leaseback agreement for its Marshall, Michigan and Yellow Springs, Ohio facilities for $38 million. U.S.-listed shares were not active premarket, but have fallen 11% in 2019, while the ETFMG Alternative Harvest ETF has fallen 32% and the S&P 500 has gained 25%.
Colgate (CL) is grappling with weak margins and adverse impacts of foreign currency. Nevertheless, its innovation plans, savings program and expansion strategies bode well.
The Zacks Analyst Blog Highlights: ExxonMobil, Starbucks, Diageo, Fidelity National Information Services and Colgate-Palmolive
Some Cresco Labs Inc. (CNSX:CL) shareholders are probably rather concerned to see the share price fall 40% over the...
While investing in any of the retail stocks could reward investors throughout Cyber Week, a diverse approach in a basket form can also be a great choice.
Colgate-Palmolive (CL) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
It seems that the masses and most of the financial media hate hedge funds and what they do, but why is this hatred of hedge funds so prominent? At the end of the day, these asset management firms do not gamble the hard-earned money of the people who are on the edge of poverty. Truth […]
Cresco Labs Inc. reported revenue Tuesday that missed Wall Street expectations. The weed producer reported a third-quarter net loss of $8.6 million, versus net income of $1.2 million in the year-ago quarter. Cresco did not report a per-share earnings figure. Revenue rose to $36.2 million from $12.7 million a year ago. Analysts polled by FactSet expected sales of $37.9 million. U.S. traded shares of Cresco Labs have dropped 14% this year, as the S&P 500 index has gained 25%. The ETFMG Alternative Harvest ETF has fallen 32% this year. Cresco shares closed up 0.7% in regular trading Tuesday.
Cresco Labs said Tuesday it has terminated the acquisition of VidaCann Ltd. announced in March in a deal that would have cost it $120 million. Chicago-based Cresco Labs said the decision was made to conserve cash as it works to accelerate top and bottom-line growth. The company has also signed an agreement for a sale-and-leaseback of two properties in Ohio and Michigan that will allow it to raise $38 million in non-dilutive financing. "The team and operations at VidaCann are phenomenal, but with a focus on managing our cost of capital, and insuring the most efficient and highest return on invested capital, the ability to deploy resources to other, existing, Cresco markets that are widely considered some of the top markets in the US, like Illinois, Pennsylvania, California and Nevada, has to take priority," Chief Executive and co-Founder Charlie Bachtell said in a statement. The company is the latest to drop a planned acquisition as the cannabis sector has been hurt by the slower-than-expected development of the legal market in Canada and the U.S. U.S.-listed shares were not active premarket, but have fallen 15% in 2019, while the ETFMG Alternative Harvest ETF has fallen 31% and the S&P 500 has gained 25%.
Colgate-Palmolive Co. will share the intellectual property of its new fully-recyclable toothpaste tube with competitors, a move that comes as the home-goods industry faces mounting pressure from eco-conscious shoppers.
Colgate-Palmolive Company received a U.S. Green Building Council (USGBC) 2019 Leadership Award in recognition of exemplary work and leadership in the green building industry. Colgate was honored for this achievement at the USGBC’s Greenbuild International Conference and Expo on November 20, marking a significant milestone in Colgate’s ongoing commitment to sustainable business practices.