Consumer Goods Stocks at Year High (Ford, PEP, ZQK, PVH, NKE)
top Consumer Goods Stocks .
(EMAILWIRE.COM, March 15, 2010 ) Dallas, Tx - Ford Motor Company (NYSE:F) made an all time high at $13.63 earlier in the session. The stock is up 0.82% to $13.45. So far this year, the stock has jumped over 34%.
You can subscribe to our Daily Stock Alerts by visiting: http://www.LiquidTycoon.com .
PepsiCo, Inc. (NYSE:PEP) has created a new 52-week high of $66.26 and now up 0.89% to $65.68. So far this year, the stock has jumped over 7%. The company announced that its Board of Directors approved a plan to increase cash returns to shareholders by raising the Company's annual dividend and its share repurchase authorization amount. The Board of Directors of the Company approved a 7% increase in the annual dividend on the Company's common stock, from the current annual rate of $1.80 to $1.92 per share. The increase will take effect when the Board declares the next quarterly common stock dividend, which is currently expected to be paid on June 30, 2010, to shareholders of record on June 4, 2010. The Board of Directors also authorized the repurchase of up to $15 billion of the Company's common stock through June 2013.
Quiksilver, Inc. (NYSE:ZQK) surged 4.95% to $4.24 and created a new 52-week high of $4.44. So far this year, the stock has jumped over 105%.
Phillips-Van Heusen Corporation (NYSE:PVH) soared over 9.22% to $52.14 and made a new 52-week high of $54.64. The company announced a definitive agreement for PVH to acquire Tommy Hilfiger B.V., which is controlled by funds affiliated with Apax Partners L.P., for total consideration of EUR2.2 billion (approximately $3.0 billion) plus the assumption of EUR100 million in liabilities. The consideration includes EUR1.924 billion in cash and EUR276 million in PVH common stock. PVH expects to finance the EUR1.924 billion cash portion of the acquisition and refinance its $300 million of existing senior unsecured notes with a combination of approximately $385 million of cash on hand, $2.45 billion of senior secured debt (including an undrawn revolver of $450 million), $600 million of senior unsecured notes and $200 million in PVH perpetual convertible preferred stock described below. In addition, PVH currently plans to raise approximately $200 million in common stock through a public offering prior to closing.
NIKE, Inc. (NYSE:NKE) jumped 0.31% to $70.11 and created a new 52-week high of $70.73. So far this year, the stock has jumped over 6%.
About http://www.LiquidTycoon.com
Liquid Tycoon provides stock alerts for the investors. Many of our members have gained thousands of dollars using our stock market investment news. We also provide information on penny stocks. We send our members, stock newsletter on hot stocks, stocks in focus, technical stocks, stocks to watch etc.
###
Press release service and press release distribution by EmailWire.Com for public traded companies on NASDAQ, NYSE, AMEX, OTC, TMX, CNSX and Pink Sheets Stock Exchanges - http://www.emailwire.com/press_release_service_otc_pink_sheets.php
You can subscribe to our Daily Stock Alerts by visiting: http://www.LiquidTycoon.com .
PepsiCo, Inc. (NYSE:PEP) has created a new 52-week high of $66.26 and now up 0.89% to $65.68. So far this year, the stock has jumped over 7%. The company announced that its Board of Directors approved a plan to increase cash returns to shareholders by raising the Company's annual dividend and its share repurchase authorization amount. The Board of Directors of the Company approved a 7% increase in the annual dividend on the Company's common stock, from the current annual rate of $1.80 to $1.92 per share. The increase will take effect when the Board declares the next quarterly common stock dividend, which is currently expected to be paid on June 30, 2010, to shareholders of record on June 4, 2010. The Board of Directors also authorized the repurchase of up to $15 billion of the Company's common stock through June 2013.
Quiksilver, Inc. (NYSE:ZQK) surged 4.95% to $4.24 and created a new 52-week high of $4.44. So far this year, the stock has jumped over 105%.
Phillips-Van Heusen Corporation (NYSE:PVH) soared over 9.22% to $52.14 and made a new 52-week high of $54.64. The company announced a definitive agreement for PVH to acquire Tommy Hilfiger B.V., which is controlled by funds affiliated with Apax Partners L.P., for total consideration of EUR2.2 billion (approximately $3.0 billion) plus the assumption of EUR100 million in liabilities. The consideration includes EUR1.924 billion in cash and EUR276 million in PVH common stock. PVH expects to finance the EUR1.924 billion cash portion of the acquisition and refinance its $300 million of existing senior unsecured notes with a combination of approximately $385 million of cash on hand, $2.45 billion of senior secured debt (including an undrawn revolver of $450 million), $600 million of senior unsecured notes and $200 million in PVH perpetual convertible preferred stock described below. In addition, PVH currently plans to raise approximately $200 million in common stock through a public offering prior to closing.
NIKE, Inc. (NYSE:NKE) jumped 0.31% to $70.11 and created a new 52-week high of $70.73. So far this year, the stock has jumped over 6%.
About http://www.LiquidTycoon.com
Liquid Tycoon provides stock alerts for the investors. Many of our members have gained thousands of dollars using our stock market investment news. We also provide information on penny stocks. We send our members, stock newsletter on hot stocks, stocks in focus, technical stocks, stocks to watch etc.
###
Press release service and press release distribution by EmailWire.Com for public traded companies on NASDAQ, NYSE, AMEX, OTC, TMX, CNSX and Pink Sheets Stock Exchanges - http://www.emailwire.com/press_release_service_otc_pink_sheets.php
Contact Information:
Liquid Tycoon
Jim
Tel: 214 556 6798
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
Liquid Tycoon
Jim
Tel: 214 556 6798
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
|
Private Equity, Angel Investing
Equity Alliance / Private Equity, Angel Investing, / IPO, Venture Capital & IR services / Equity Alliance International Equityallianceir.com Penny Stocks to Watch Sign up for hot penny stock picks Gains of 500%+ possible! Premiumstockpicks.com/landing/ Your text Ads & PR Text Ads plus unlimited press releases, One release featured/Day for only $575 per month. Read more on Text Ads & PR Your text Ads Here! Text Ads are only $289 per month. Ads are placed same day. More on Text Ads Advertising |




