Getty Images By One in three Americans could be wasting $2,600 a year at the grocery store, a new survey by recipe kit company HelloFresh found.That's $50 per week thrown away on items that are either tossed out or never used. Married couples are more likely to walk away with unnecessary items in their cart, the survey found. But even most singles do: 12 percent of them said they never overspend, compared to 7 percent of married couples. Although the numbers are striking, Americans still spend a lower percentage of their annual income on food than any other country. A recent Bloomberg Businessweek chart shows the average consumer's food expenses fell from 16.8 percent of annual income in 1984 to 11.2 percent in 2011. Even so, $2,600 isn't something most people can afford to throw away. Here are a few ways to shave down some of your excess spending at the grocery store: 1. Shy away from brand names. The products with the grocery store's own label are often just as good and usually come for a cheaper price. 2. Buy ingredients, rather than prepared products. If you have time to make your own pasta salad at home, you can save money compared to buying the finished product at the store. 3. Purchase produce when it's in season. Apples cost the least during fall harvest season and berries are more of a bargain in the summer than the winter. 4. Don't shop on an empty stomach. You're more likely to overfill your cart in response to your stomach's rumblings. 5. Skip the bottled water. At a dollar per bottle, the costs add up fast, and you can always buy a filter for your tap water, which flows for a tiny fraction of the cost. 6. Make a list. It takes a few minutes of advance preparation, but it will save you from wandering aimlessly down the pasta aisle, debating possibilities for your Sunday night meal. 7. Learn to love bulk. Buying larger boxes of cereals and crackers can typically save you a few cents on per unit cost, and your snacks will stick around your cupboards for longer. More from Business Insider: Simple Household Tips That Will Save You Thousands Of Dollars Every Year 22 Products That Really Do Last A Lifetime
Best Energy Companies To Own In Right Now: Wendy's/Arby's Group Inc.(WEN)
The Wendy's Company operates as a quick-service hamburger company in the United States. The company, through its subsidiary, Wendy's International, Inc., operates as a franchisor of the Wendy's restaurant system. As of December 26, 2011, the Wendy's system comprised approximately 6,500 franchise and company restaurants in the United States and the United States territories, as well as in 26 other countries worldwide. The company was formerly known as Wendy's/Arby's Group, Inc. and changed its name to The Wendy's Company in July 2011. The Wendy's Company was founded in 1884 and is headquartered in Dublin, Ohio.Advisors' Opinion:
- [By WWW.DAILYFINANCE.COM]
Andrew Harrer/Bloomberg/Getty Images Don't let the recent weakness at McDonald's (MCD) lead you to the conclusion that all burger flippers are struggling. It's just not true, and Burger King (BKW) proved that in its latest quarter. McDonald's longtime nemesis posted better than expected profitability during the first three months of the year, fueled by marginally positive comparable-restaurant sales for the period. It may not seem like much of a victory. Burger King's worldwide comps rose 2 percent, with its U.S. and Canada locations clocking in with a meager 0.1 percent increase. However, even that baby step up is better than the 1.7 percent decline at McDonald's. Unlike Ronald McDonald, Burger King isn't clowning around. The Whopper Beats the Big Mac? This would be an opportune time for Burger King to break away from the larger chain that it's been copying for years. We've seen Burger King offer up items that are blatantly similar to McCafe smoothies, Chicken McBites, Big Macs, Egg McMuffins, and even the cult fave McRibs. However, now that McDonald's is in a rut -- having posted three consecutive quarters of negative comparable-restaurant sales in this country -- it appears Burger King is ready to carve its own path. "We started off 2014 strong by generating comparable sales growth across all four regions during the first quarter," Burger King Worldwide CEO Daniel Schwartz explained in the fast food giant's earnings release. "Despite severe winter weather in the U.S. and Canada, our commitment to launching fewer, more impactful products and simplifying in-restaurant operations helped drive improved performance." If there's one thing in that statement that should stand out as a sharp contrast to the current strategy at McDonald's it's that Burger King is rolling out "fewer" products as it is "simplifying" operations. That's an entirely different strategy than the one being used by McDonald's, which seems to involve rolling out a lot of new menu ite
- [By James E. Brumley]
To be fair, your typical McDonald's or Yum! Brands believes they're kid-friendly, in the sense that a kid can get a variety of burgers, fried chicken, Mexican food, or pizza. And, the box most kid-meals come in are covered with puzzles and games that could technically qualify as "entertainment." Some McDonald's and Wendys Co. (NASDAQ:WEN) restaurants even have a jungle-gym to climb on. That's not the choice and entertainment parents are talking about, however, particularly on the menu front, but also on the entertainment front.
- [By Patrick M. Sheridan]
The big chains of the $200 billion fast food industry were well represented, with workers from McDonald's (MCD, Fortune 500), Taco Bell (YUM, Fortune 500), Chipotle (CMG), KFC, Wendy's (WEN), Burger King (BKW) and Domino's Pizza.
- [By Michael Flannelly]
Argus Research upgraded fast food restaurant operator The Wendy’s Co (WEN) on Thursday, noting that the company’s store remodeling and new menus should help drive higher sales.
The analysts upgraded WEN from “Hold” to “Buy” and see shares reaching $10. This price target suggests a 21% upside to the stock’s Wednesday closing price of $8.25.
Wendy’s shares were up 24 cents, or 2.91%, during early morning trading on Thursday. The stock is up 54.19% year-to-date.
Top 5 Cheap Stocks To Buy For 2015: The Travelers Companies Inc.(TRV)
The Travelers Companies, Inc., through its subsidiaries, provides various commercial and personal property and casualty insurance products and services to businesses, government units, associations, and individuals primarily in the United States. The company operates in three segments: Business Insurance; Financial, Professional, and International Insurance; and Personal Insurance. The Business Insurance segment offers property and casualty products and services, such as commercial multi-peril, property, general liability, commercial auto, and workers? compensation insurance. It operates in six groups: Select Accounts, which serves small businesses; Commercial Accounts that serves mid-sized businesses; National Accounts, which serves large companies; Industry-Focused Underwriting that serves targeted industries; Target Risk Underwriting, which serves commercial businesses requiring specialized product underwriting, claims handling, and risk management services; and Special ized Distribution that offers products to customers through licensed wholesale, general, and program agents. The Financial, Professional, and International Insurance segment provides surety and financial liability coverage, which uses a credit-based underwriting process; and property and casualty products primarily in the United States., the United Kingdom, Ireland, and Canada. The Personal Insurance segment offers property and casualty insurance covering personal risks, primarily automobile and homeowners insurance to individuals. It distributes its products through independent agents, sponsoring organizations, joint marketing arrangements with other insurers, and direct marketing. The company was founded in 1853 and is based in New York, New York.Advisors' Opinion:
- [By WALLSTCHEATSHEET]
Travelers provides valuable insurance products and services to an increasing number of consumers and companies looking to mitigate risk. The stock has been on a significant run over the last several years and is now trading at all-time high prices. Earnings and revenue have been increasing over most of the last four quarters which has kept investors upbeat. Relative to its strong peers and sector, Travelers has been an average year-to-date performer. Look for Travelers stock to OUTPERFORM.
- [By Matt Thalman]
This past week, in contrast, IBM lost 3.74%. That's still a large decline, but it represents only about 57 points of the Dow's 270-point loss. This time around, AT&T (NYSE: T ) was the index's largest decliner, losing 4.47% this past week, but the stock represents only about 1.4% of the Dow, so it didn't play a major role in tanking the index. The next largest decliner, at 4.13%, was Travelers (NYSE: TRV ) -- which, besides AT&T, was the only other component to lose more than 4% of its value. But, while Travelers' weight is substantially larger than AT&T, it still makes up only 4.1% of the index, ranking it as the 10th heaviest component.
- [By Tim Melvin]
I always find it very interesting to see what long-term investors are selling in a given quarter. Kahn Brothers lightened up on many financials that have shot up and now trade above book value. The firm sold out of Flushing Financial (FFIC), TCF Financial (TCB) and Dime Community Bank (DCOM). Khan apparently shares my views on the large-cap drug stocks, easing up on both Pfizer (PFE) and Bristol Meyers (BMY) over the summer. Khan Brothers also sold the last of the Travelers shares (TRV) it has owned since 2008 at more than twice the purchase price.
Top 5 Cheap Stocks To Buy For 2015: Aegon NV(AEG)
AEGON N.V. provides life insurance, pensions, and asset management products and services worldwide. The company?s life insurance products include traditional, term, universal, whole, and other life insurance products sold as part of defined benefit pension plans, endowment policies, post-retirement annuity products, and group risk products; supplemental health insurance products comprise accidental death, other injury, critical illness, hospital indemnity, medicare supplement, and student health; specialty lines consists of travel, membership, and creditor products; and long term care insurance products for policyholders who require care due to a chronic illness or cognitive impairment. It also offers a range of savings and retirement products and services, including mutual funds, and fixed and variable annuities, savings accounts and investment contracts, segregated funds, guaranteed investment accounts, and single premium immediate annuities, as well as investment advice to individuals. In addition, the company offers employer solutions and pensions, such as retirement plans, pension plans, and pension-related products and services; investment products, including onshore and offshore bonds, and trusts; reinsurance products and solutions to life insurance and financial services companies; general insurance products comprising house, car, and fire insurance; and asset management products and services, including general account assets, unit-linked funds, and third party activities. AEGON N.V. markets its products through independent and career agents, financial planners, registered representatives, independent marketing organizations, banks, broker-dealers, benefit consulting firms, wirehouses, affinity groups, institutional partners, independent managing general agencies, and specialized financial advisors, as well as through online, direct, and worksite marketing. The company was founded in 1900 and is headquartered in The Hague, the Netherl ands.Advisors' Opinion:
- [By Will Ashworth]
Assuming it delivers on its outlook for 2014, its current free cash flow yield is a very enticing 20%. This isn�� a growth stock, but its brands still possess hidden value. As cheap stocks go, it�� very attractive.Cheap Stocks to Buy: Aegon (AEG)
It�� not often that you can buy a $19 billion market cap for under 10 bucks. Aegon�� a Dutch insurance company that�� had a rough ride over the past few years, and its stock�� suffered as a result. In the late ’90s AEG stock traded around $60 — it hasn�� been anywhere close since. However, it�� got some good assets that should bear fruit in the years to come. Aegon has 12,000 employees in the Americas doing business primarily under the Transamerica brand, which has been a part of AEG since 1999.
Top 5 Cheap Stocks To Buy For 2015: Emerson Electric Company(EMR)
Emerson Electric Co. operates as a diversified manufacturing and technology company. The company engages in appliance solutions, climate technologies, industrial automation, motor technology, network power, process management, professional tools, and storage solutions businesses. Its appliance solutions business provides appliance controls, appliance motors, heating products, and white-rodgers; climate technology business provides heating, ventilation, air conditioning, and refrigeration (HVACR) solutions for residential, industrial, and commercial applications; and industrial automation business offers bearings and power transmission products, electrical power generation products, electric motors, variable speed drives and servos, electrical products, material joining solutions, fluid automation products, and wind turbine systems. The company?s motor technology business provides appliance motors, HVACR motors, DC motors, fractional horsepower motors, integral horsepower a nd larger motors, and drives; network power business provides power, precision cooling, connectivity, and embedded solutions; and process management business provides various wireless related products from self-organizing field networks to wireless asset and people tracking. Its professional tools business offers pipe working and threading equipment, pressing technology, utility locating and visual diagnostics systems, drain maintenance tools, power tools, air tools, general purpose hand tools, wet/dry vacs, job site storage equipment, truck tool boxes and equipment, and van storage equipment; and storage solutions business provides shelving and storage products for residential, commercial, and foodservice needs, as well as offers specialized carts, mobile computer workstations, and cabinet fixtures. The company was founded in 1890 and is headquartered in St. Louis, Missouri.Advisors' Opinion:
- [By Dividends4Life]
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- [By Paul Vigna]
Emerson Electric Co.(EMR) said its fiscal fourth-quarter earnings fell 48% as the manufacturer continues to struggle with geopolitical turmoil and macroeconomic weakness.
- [By Muhammad Bazil]
Though GE Capital has been a huge source of revenue for the parent company, its earnings aren�� always seen in the light of income from industrial activities leading to how it has been cheaply perceived among its peers. For example, among GE�� peers in the industrial sector like Honeywell International (HON), United Technologies (UTX), Illinois Tool Works (ITW) and Emerson Electric (EMR), only Illinois Tool Works is cheaper than GE, but it is miles apart in growth potential when compared with GE. So, GE stock trades at a huge discount relative to all of its industrial peers except ITW which is rather odd all because of GE Capital. Though GE Capital has been contributing about 30% of GE�� earnings and, hence, a good percentage of its earnings per share (EPS), shedding GE Capital is the only way to make the industrial segments of GE to strive for better growth in the near future to make up for the original earnings growth of GE facilitated by GE Capital.