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Consumer Goods Sector

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  1. New Morningstar Analyst Report for Commonwealth Bank of Australia

    Stock Reports

    Wed, 23 May 2012

    The cost of wholesale funding remains high and price competition for home loans is vigorous. This is constraining net interest margins. Loan repricing to recover these higher costs is unpopular.Banking fee income is under pressure from consumer resistance to fees, lower online brokerage volumes and

  2. New Morningstar Analyst Report - Credit Suisse Group

    Stock Reports

    Wed, 25 Apr 2012

    Credit Suisse's near-term results will depend on market conditions in Europe.

  3. Updated Morningstar Analyst Report - Daimler AG

    Stock Reports

    Fri, 10 Feb 2012

    Despite European weakness, we expect Daimler AG to benefit from global new vehicle demand.

  4. New Morningstar Analyst Report for ARM Holdings PLC

    Stock Reports

    Tue, 31 Jan 2012

    Because ARM's IP is widely available to all licensees, the company is only able to capture a small part of the value pie because its IP does not offer its customers much differentiation.ARM's physical IP division has been a drag on the firm's overall profitability and it could take some time before

  5. New Morningstar Analyst Report - Portugal Telecom SA ADR

    Stock Reports

    Tue, 17 Jan 2012

    Competition is increasing in Portugal, and with a wireless penetration rate of about 150%, we expect only modest subscriber growth going forward.Mobile termination rates are falling every quarter in Portugal. Although the pace of the cuts is easing, margins will still get squeezed.The firm is

  6. New Morningstar Analyst Report - Kyocera Corporation

    Stock Reports

    Mon, 7 Feb 2011

    Tough industry dynamics should limit profit margin expansion for Kyocera in the long run.

  7. New Morningstar Analyst Report - TDK Corporation

    Stock Reports

    Wed, 2 Feb 2011

    Consolidation in the hard drive industry is a threat to TDK's growth prospects.

  8. New Morningstar Analyst Report - AU Optronics Corporation

    Stock Reports

    Sun, 19 Dec 2010

    AU Optronics must contend with the long-term challenges of the commoditylike LCD panel industry.

  9. New Morningstar Analyst Report - Federal Signal Corp.

    Stock Reports

    Tue, 14 Dec 2010

    Economic downturns and public deficits affect Federal Signal's profitability because of its exposure to government and municipal spending.Firefighters have sued Federal Signal claiming that its sirens have impaired their hearing. Although the company hasn't lost a suit, it faces future litigation

  10. New Morningstar Analyst Report - Del Monte Foods Company

    Stock Reports

    Sun, 28 Nov 2010

    Del Monte's heavy reliance on produce leaves profits vulnerable to commodity volatility.Wal-Mart represented 35% of Del Monte's gross revenue in fiscal 2010. Such a high concentration of sales with one customer limits Del Monte's pricing power and increases its level of risk.Most of Del Monte's

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