Over the next 3 years, some $30 billion in cash flow is likely to be returned to shareholders.
SanDisk is upgraded to 'outperform,' and Colgate-Palmolive is downgraded to 'neutral.'
After a strong 2013, the sector now looks overvalued and is lagging.
Altria is upgraded to 'buy,' and Red Robin is downgraded to 'neutral.'
Sure, INTC sells semiconductors, but the unassailable moat and huge dividends sure smell like Big Tobacco.
Drugmakers have yet to find a magic bullet for nicotine addiction.
The company faces declining volumes in the cigarettes segment and increasing uncertainty over the introduction of new products.
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Jobs numbers expected later this week will shed more light on the economy. 'The Fed has to be delighted,' one economist says.
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.
Homeowners associations ban them and environmentalists love them. All that aside, though, a clothesline saves you money.
Six weeks later, most Americans have forgotten about the 2014 tax season -- except those who didn't file by the April 15 deadline.
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