Articles from May 2011



Herbalife Results Energize Consumer Staples ETFs

Consumer staples exchange traded funds could get a boost Tuesday from Herbalife , which reported better-than-expected earnings and boosted its full-year outlook.

The company “continued to provide strong growth to both the top and bottom line growth in the first quarter,” said Michael O. Johnson, Herbalife’s chairman and CEO, in the earnings release. Net sales rose 28.5% from the year-earlier quarter.

“Momentum continues to be broad-based across reporting regions, with emerging and established markets still each growing volumes in the double digits,” said Jefferies analysts.

Herbalife said shareholders approved a 2-for-1 stock split. The record date for the split will be May 10, the company said.

Herbalife is the largest holding in First Trust Consumer Staples AlphaDEX Fund at 5% of assets.

First Trust Consumer Staples AlphaDEX Fund

American Express Blue Cash Everyday Card Review

American Express Blue Cash Everyday(sm): Up to 3% Cashback, No Annual Fee, & $25 Sign-up Bonus

My primary credit card of choice is the American Express TrueEarnings Costco card. Its generous cash rewards program gives me about 2% cash back after all is said and done at the end of the year.

However, the one big downside to the Costco American Express is that you actually have to be a Costco member. Your annual Costco membership ($50) is automatically charged to your card every year. So, technically, if you own this card, you are a Costco member, whether you actually go there or not.

In my opinion, American Express is the best credit card company out there in terms of perks (Ill highlight some in this post). So what if you want an AmEx, but you dont care to be a Costco member or dont have the choice because there isnt one anywhere near you? Then the new American Express Blue Cash Everyday(sm) card is definitely worth a look.

American Express Blue Cash Everyday(sm) Cash Back Program

The Blue Cash Everyday(sm) card replaces American Expresss retired Blue Cash card.

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