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The Time Is Right To Stick With Staples ETFs
Tuesday, May 3, 2016 - 9:10am | 502With the Consumer Staples Select Sect. SPDR (ETF) (NYSE: XLP) up nearly 5 percent year-to-date and 6.4 percent over the past 90 days, there have been plenty of good times to be long the staples sector this year. However, with another bout of “sell in May and go away” potentially looming...
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Staples ETFs Offering Protection In Turbulent Markets
Wednesday, February 17, 2016 - 2:04pm | 588The Utilities SPDR (ETF) (NYSE: XLU) is the only one of the sector SPDR exchange-traded funds higher on a year-to-date basis, but the Consumer Staples Select Sect. SPDR (ETF) (NYSE: XLP) is not far behind with a barely noticeable 2016. The last couple of days of market action aside, leadership from...
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Keurig Green Mountain Surges After Earnings Beat And Announcement
Thursday, May 8, 2014 - 2:46pm | 704Keurig Green Mountain (NASDAQ: GMCR), formally known as Green Mountain Coffee, on Wednesday reported very strong second quarter results. Keurig Green Mountain earned $1.08 per share, beating the consensus estimate of $0.95. Revenue grew 10 percent year-over-year to $1.1 billion, coming in $50...
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S&P Capital Initiates Coverage on CST Brands, Sees Long Term EPS Benefits
Tuesday, December 31, 2013 - 9:53am | 129In a report published Tuesday, S&P Capital analyst Joseph Agnese initiated coverage on CST Brands, Inc. (NYSE: CST) with a $37.00 price target. According to the report, long term EPS benefits from an acceleration in square footage growth, industry consolidation, and an improved product mix...