The company says that baby boomers will contribute to a spike in demand for its products.
ArcelorMittal is downgraded to 'sector perform,' and HP is initiated with a 'hold.'
Procter & Gamble is downgraded to 'equal weight,' and Sprint is initiated with an 'underperform.'
Under its old CEO who has returned to right a struggling ship, the consumer products giant is starting to recover.
The rally shows its strength by shrugging off weakness in Japan and worries about next week's Fed meeting. Exxon, Chevron and Whole Foods report results.
Sprint is reinstated with an 'underperform,' Michael Kors is downgraded to 'neutral.'
The obsession with the managers' positions each filing is just nonsense.
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The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
Joe Cantrell says he faces charges after trying to take advantage of the retailer's policy.
The IRS is struggling to combat identify thieves who file fraudulent tax returns in the names of older residents who don't need to file.