3 Household Products Stocks to Sell Now
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The rating of Church & Dwight Co., Inc. ( CHD ) declines this week from a C to a D. Church & Dwight is engaged in the development, manufacture, and marketing of household, personal care, and specialty products. For more information, get Portfolio Graders complete analysis of CHD stock . Louis Navelliers proprietary Portfolio Grader stock ranking system assesses roughly 5,000 companies every week based on a number of fundamental and quantitative measures. Stocks are given a letter grade based on their results with A being strong buy, and F being strong sell. Explore the tool here .
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Household energy bills rise 55% in a decade
Over this same time period household energy use has fallen, with figures from the Department of Energy and Climate Change (DECC) showing that the average amount of energy used per household was 17% lower in 2012 than in 2002. This means the increase in the average amount households are spending is explained solely by rises in energy prices rather than an increase in consumption. The ONS says average household energy use has fallen for a number of reasons. These include the installation of energy efficiency measures (such as loft and wall insulation, and more efficient boilers), households responding to higher bills by reducing use, and generally increasing public awareness of energy consumption and environmental issues. However, energy prices have risen faster than average household consumption has fallen, resulting in average bills rising sharply. Most of the increase in average spending on energy came between 2004 and 2009, reflecting the significant increases in energy prices that occurred over this period. On average households spent the equivalent of 5.1% of their income on household energy in 2012, up from 3.3% in 2002.
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