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MarketFoolery

MarketFoolery: 01.24.2012

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 24 January 2012

⏱️ 14 minutes

🧾️ Download transcript

Summary

Johnson & Johnson, McDonald's, and Kimberly-Clark report earnings. And Starbucks ramps up its beer and wine offerings.

Transcript

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0:00.0

It's Tuesday, January 24th, and this is Market Fullry.

0:05.0

I'm Chris Helen joining me in studio today for Motley Fool's stock advisor, Jason Moser,

0:09.0

and for Motley Fool income investor, James Early.

0:11.0

Gentlemen, good to see you.

0:12.7

Good to see you, Chris.

0:14.1

We've got the latest from McDonald's and Starbucks,

0:16.5

but we are going to start with a couple of big consumer companies

0:20.4

reporting earnings.

0:21.8

Shares of Johnson and Johnson flat so far today,

0:24.6

despite the fact that the company's fourth quarter profit fell 89%,

0:29.4

shares of Kimberly Clark down a little bit this morning.

0:32.2

The company missed earnings and cited higher

0:34.4

costs as part of the reason for their results. James, a couple of big dividend stocks.

0:39.7

What do you think?

0:40.7

Chris, the big story here is where is is this missing demand in other words the

0:44.0

consumer product segment of j and jay was the one that got whacked its operating

0:47.6

income was down 19% I'm not talking about special charges for the hip

0:50.5

replacements and things like that but Kimberly Clark same thing it was their personal

0:54.6

care these are diapers tampons things like that these products are traditionally

0:59.2

thought of the safe havens in in in rough times and it's just weird that they're they're not selling well I don't know if people

1:04.6

are not buying them or trading down to generics but that's the story.

1:08.4

I was going to say I mean when you think about those two companies and everything that Johnson and Johnson produces everything

...

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