Updating NEWELL RUBBERMAID INC., SNAP-ON INC., WELLS FARGO & CO. and BUCKEYE PARTNERS L.P.

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NEWELL RUBBERMAID INC. $17 (www.newellrubbermaid.com) continues to close plants and get out of less profitable businesses. The company uses resins from oil to make most of storage bins, tools and household products, so these moves are helping it offset rising raw-material costs. In the first quarter of 2011, Newell’s earnings per share rose 20.0%, to $0.30 from $0.25 a year earlier. The company also raised its dividend by 60.0%. The new annual rate of $0.32 a share yields 1.9%. Best Buy. SNAP-ON INC. $60 (www.snapon.com) earned $0.96 a share in its latest quarter. That’s up 52.4% from $0.63 a year earlier. Sales rose 11.6%, to $693.7 million from $621.6 million. The company continues to see strong demand for its automotive tools and computerized diagnostic equipment, particularly in fast-growing markets like Asia and Eastern Europe. Buy. WELLS FARGO & CO. $28 (www.wellsfargo.com) has raised its quarterly dividend by 140.0%, to $0.12 a share from $0.05. It now yields 1.7%. However, demand for new…