Allergan PLC (ACT, Financial), Colgate-Palmolive Co. (CL, Financial), Southern Co. (SO, Financial) and Canon Inc. (CAJ, Financial) have declined to their three-year lows.
Allergan PLC (ACT, Financial) declined to $21.36
The prices of Allergan PLC (ACT, Financial) shares have declined to $21.36 on Dec. 28, which is only 2.2% above the 3-year low of $20.88.
Allergan PLC is an Irish international pharmaceutical company that produces both branded and generic drugs. The company also performs pharmaceutical research and development. The company’s key products include Actonel, Acuvail, Aczone, Lumigan, Namenda, Ozurdex, and Rapaflo.
Allergan PLC has a market cap of $100.34 billion; its shares were traded around $21.36 with a P/E ratio of 20.21 and P/S ratio of 2.80.
On Nov. 26 Allergan PLC announced that Daphne Karydas will take on the new role of Senior Vice President Corporate Financial Planning &Analysis and Strategy. Manisha Narasimhan will also join the company as Vice President of Investor Relations and Strategic Initiatives. These position changes will be effective Dec. 10, 2018.
Colgate-Palmolive Co. (CL, Financial) declined to $59.62
The prices of Colgate-Palmolive Co. (CL, Financial) shares have declined to $59.62 on Dec. 28, which is only 3.7% above the 3-year low of $57.41.
Colgate-Palmolive Co. is an American international consumer products company that focuses on the production and distribution of household, healthcare, pet nutrition, and personal care products. The company sells its products in over 200 countries under brand names such as Colgate, Palmolive, Speed Stick, Softsoap, and Irish Spring.
Colgate-Palmolive Co. has a market cap of $51.71 billion; its shares were traded around $59.62 with a P/E ratio of 24.63 and P/S ratio of 3.35. The trailing 12-month dividend yield of Colgate-Palmolive Co. stocks is 2.78%. The forward dividend yield of Colgate-Palmolive Co. stocks is 2.81%. Colgate-Palmolive Co. had an annual average earnings growth of 4.00% over the past 10 years.
On Oct. 26 Colgate-Palmolive Co. reported third quarter 2018 financial results. Net sales decreased 3% to $3.845 billion from the third quarter of 2017, while global unit volume was even with the year ago quarter. Net income for the quarter was $523 million and diluted earnings per share was $0.60.
Southern Co. (SO, Financial) declined to $43.95
The prices of Southern Co. (SO, Financial) shares have declined to $43.95 on Dec. 28, which is only 3.6% above the 3-year low of $42.38.
Southern Co. is an American gas and electric utility holding company chiefly operating in the southern United States. The company is currently the second largest utility company in the U.S. in terms of customer base; through its subsidiaries it serves 9 million customers in nine states. The company’s regulated regional electric utilities serve a 120,000-square-mile territory.
Southern Co. has a market cap of $45.22 billion; its shares were traded around $43.95 with a P/E ratio of 18.39 and P/S ratio of 1.87. The trailing 12-month dividend yield of Southern Co. stocks is 5.42%. The forward dividend yield of Southern Co. stocks is 5.46%. Southern Co. had an annual average earnings growth of 0.60% over the past 10 years.
On Dec. 11 Southern Co. announced that it will be the first corporate partner of the Southeast Aquatics Fund, which is committed to conserving at-risk species and improving water quality. Southern Co., along with the National Fish and Wildlife Foundation and other partners, announced $940,000 in grants to restore aquatic habitats and to protect freshwater species. The grants will support six projects within Alabama, Georgia, and Florida.
Canon Inc. (CAJ, Financial) declined to $27.35
The prices of Canon Inc. (CAJ, Financial) shares have declined to $27.35 on Dec. 28, which is only 3.6% above the 3-year low of $26.37.
Canon Inc. is a Japanese international corporation focusing on the manufacture of imaging and optical products. Some of the company’s products include cameras, camcorders, photocoperies, steppers, and computer printers. The company has a primary listing on the Tokyo Stock Exchange and a secondary listing on the New York Stock Exchange. The company is also a component of the TOPIX Core 30.
Canon Inc. has a market cap of $29.22 billion; its shares were traded around $27.35 with a P/E ratio of 14.22 and P/S ratio of 0.82. The trailing 12-month dividend yield of Canon Inc. stocks is 5.56%. The forward dividend yield of Canon Inc. stocks is 5.60%.
On Dec. 10 Canon Inc. announced the conclusion of its dispute with J&H Greentech and Trading Ltd. After filing a complaint with the District Court Dusseldorf based on the alleged infringement of the German portion of Canon’s European Patent EP 1 977 289 B1, Canon and J&H entered into a settlement agreement. The agreement stipulates that J&H inter alia has to refrain from distribution of cartridges involved in the patent infringement with respect to all countries in which the patent is in force.
Disclosure: I do not own stock in any of the companies mentioned in the article.
