Manufacturers of packaged foods, personal care items, paper goods and cleaning supplies are almost universally facing stagnant or declining revenues and range bound or declining stock prices.

Friday September 28th we will see a reshuffling of the S&P Communications, Technology and Consumer Discretionary Sectors.  The biggest impact will be on the communications sector which will essentially change from a value dividend orientate to a growth-oriented sector. These slides examine some of the effect these changes will have on the S&P sectors.