EdgeWater 10/14/2010 12:24:16 AM
News / Stocks

Consumer Good Stocks Trading Higher (Ford, MO, SLE, KO)

Consumer Goods Trading Upward

Ford Motor Company (NYSE:F) added 0.07% to $13.79 on about 4.96 million shares. Ford Motor Company is a producer of cars and trucks. Ford and its subsidiaries also engage in other businesses, including financing vehicles. It operates under two segments: Automotive and Financial Services.

Last week, Moody's Investors Service said Friday it raised the ratings on Ford Motor Co. and Ford Motor Credit Co. based on operating performance. Moody's raised Ford's corporate family rating to Ba2 from B1, and the corporate family rating and senior unsecured ratings on the automaker's credit arm to Ba2 from Ba3. The outlook is stable.  

Altria Group, Inc. (NYSE:MO) went up 0.77% to $24.73. Altria Group, Inc. is a holding company. As of December 31, 2009, Altria Group, Inc.’s wholly owned subsidiaries included Philip Morris USA Inc. (PM USA), which is engaged in the manufacture and sale of cigarettes and certain smokeless products in the United States.   

The stock opened at $24.66 and traded within the range of $24.61-$24.75. In the past one month of trading sessions, the stock went up more than 5%.

Sara Lee Corp. (NYSE:SLE) jumped 0.76% to $14.65. Sara Lee Corporation is a global manufacturer and marketer of brand-name products for consumers throughout the world focused primarily on the meats, bakery, beverage and household products categories.

At current market price, the market capitalization of the company stood at $9.36 billion.

The Coca-Cola Company (NYSE:KO) gained 0.30% to $59.78. The Coca-Cola Company is the owner and marketer of nonalcoholic beverage brands. It also manufactures, distributes and markets concentrates and syrups used to produce nonalcoholic beverages

Over the past 52-week, the stock had traded within the range of $49.47-$59.81.

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