Information Provided By:
Fly News Breaks for February 25, 2020
CLX, KMB, REYN
Feb 25, 2020 | 08:36 EDT
Evercore ISI analyst Robert Ottenstein initiated coverage of Reynolds Consumer Products (REYN) with an Outperform rating and $35 price target. The stock is a "contender for the blue-chip, bond-proxy status" that Staples shares such as Kimberly-Clark (KMB) and Clorox (CLX) have given Reynolds' leading position in mature categories with sticky demand and high barriers to entry, Ottenstein tells investors.
News For REYN;KMB;CLX From the Last 2 Days
KMB
Jul 23, 2021 | 16:07 EDT
Get caught up quickly on the top news and calls moving stocks with these Top Fives, as compiled by the editors of The Fly.  1... To see the rest of the story go to thefly.com. See Story Here
KMB
Jul 23, 2021 | 12:19 EDT
Get caught up quickly on the top news and calls moving stocks with these Top Fives, as compiled by the editors of The Fly. 1... To see the rest of the story go to thefly.com. See Story Here
KMB
Jul 23, 2021 | 09:00 EDT
Check out this morning's top movers from around Wall Street, compiled by The Fly. HIGHER - Veoneer... To see the rest of the story go to thefly.com. See Story Here
KMB
Jul 23, 2021 | 07:32 EDT
FY21 consensus $7.35. Now sees FY21 organic sales decline of 0%-2% vs. prior view of organic sales growth of 0%-1%. FY21 revenue consensus $19.69B. Chairman and CEO Mike Hsu said, "Our second quarter reflects continued pandemic-driven volatility. We are facing significantly higher input costs and a reversal in consumer tissue volumes from record growth in the year ago period as consumers and retailers in North America continued to reduce home and retail inventory. While we look forward to a return to a more normalized environment, we have moved decisively to take pricing actions to mitigate inflationary headwinds and continue to prudently manage costs. We remain confident in our strategy and in our fundamental brand performance. Our personal care business is performing well, and we continue to improve our market positions in key markets and realize robust growth across Developing and Emerging Markets." Hsu continued, "We will continue to execute K-C Strategy 2022. While our updated outlook reflects a more challenging near-term environment, we are taking appropriate actions and remain confident in our strategies to create long-term shareholder value."
KMB
Jul 22, 2021 | 13:54 EDT
Notable companies reporting before tomorrow's open, with earnings consensus, include Honeywell (HON), consensus $1.94... American Express (AXP), consensus $1.58... Kimberly-Clark (KMB), consensus $1.74... Regions Financial (RF), consensus 52c.