Wal-Mart to Bring Back Twinkies and 2 Other Dow Movers to Watch
Wal-Mart Stores Inc. (NYSE:WMT): Current price $77.57
They’re back! Well, almost: Twinkies are staging an early return at Wal-Mart stores, and this time they will not be frozen and thawed. The retailer says it is selling the cakes in approximately 1,600 of its stores beginning Friday, and that around 3,000 of its 4,000 domestic stores should have them by Sunday morning, one day before Hostess said the products would start hitting shelves across the United States. Wal-Mart spokeswoman Veronica Marshall said that by late next week, stores will also have Hostess Mini Muffins and fried Fruit Pies. However, Orange CupCakes, Coffee Cakes, Ho Hos, Suzy Qs, and Zingers will not be available until August.
Caterpillar Inc. (NYSE: CAT): Current price $86.90
ETF Channel has named Caterpillar a Top 25 Dividend Giant, with a massive $3.83-billion worth of stock held by ETFs and above average DividendRank statistics, among which include an impressive 2.77 percent yield, according to the most recent Dividend Channel DividendRank report. Beyond that, the report noted a strong quarterly dividend history at Caterpillar and favorable long-term multiyear growth rates in crucial fundamental data points.
International Business Machines Corp. (NYSE:IBM): Current price $192.47
IBM might not like to discuss the number of jobs being eliminated when it carries out a series of layoffs, but regulations require that the company report the total to Vermont. Vermont Labor Commissioner Annie Noonan says she expects to receive layoff totals from the corporation the day after they become final, which is Friday. Noonan says preliminary estimates are in excess of 300 people losing their jobs at IBM’s Vermont facilities, based on the numbers of IBM employees who have been attending state-run seminars on finding new work.