ThinkstockIn Thursday’s top analyst upgrades and downgrades from 247 Wall St., one significant downgrade that stood out the most was in shares of Smith & Wesson Holding Corp. (NASDAQ: SWHC). KeyBanc Capital Markets was…
High-end musical instruments maker Steinway Musical Instruments Inc. (NYSE: LVB) has agreed to be acquired by affiliates of private equity firm Paulson & Co. for a purchase price of $40 a share, or about…
Steinway Musical Instruments Co. (NYSE: LVB) announced this morning that it has received an offer to acquire the company for $38 per share in cash from an unnamed investment firm. The offer trumps a…
The chairman and CEO of Dole Food Co. (NYSE: DOLE), David H. Murdock, made a $12 a share offer to acquire the 60% of the company’s stock he did not already own back in…
ThinkstockNormally we might skip an analyst report discussing coupon usage and streamlining efforts that only a small percentage of consumers will take advantage of. But when it comes to Costco Wholesale Corp. (NASDAQ: COST),…
ThinkstockConsumer credit rose by $13.8 billion in the month of June, but it is not exactly debt going on credit cards. The Federal Reserve showed that revolving credit, credit used on cards and the…
ThinkstockMost of the big retailers had a “choppy” July, and many are hoping for a strong back-to-school selling season. Since school starts around the country anywhere from mid-August in the South to the day…
courtesy Green Mountain Coffee Roasters Inc.Investors either did not believe that sales at Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) would be hammered by new entrants into the single-cup coffee sector or they bought…
ThinkstockTyson Foods Inc. (NYSE: TSN) reported third-quarter fiscal 2013 results before markets opened this morning. The food processing company posted adjusted earnings per share (EPS) of $0.69 on revenues of $8.73 billion. In the same…
ThinkstockEastman Kodak Co. (OTC: EKDKQ) is dead as far as its stock goes, or at least it might as well be at 11 cents a share. This company has been one of the longest.…
ThinkstockEarly August is when most families begin and end their shopping for back-to-school items like pencils, shoes, and other gear. This year about 90% of U.S. families plan to spend at least as much…
courtesy GameStop Corp.The two transactions that will wrestle control of Activision Blizzard Inc. (NASDAQ: ATVI) from France’s Vivendi will transform Activision Blizzard into an independent company once more. The company will pay $13.60 a…
thinkstockHanesbrands Inc. (NYSE: HBI), a maker primarily of means underwear, will buy women’s bra company Maidenform Brands Inc. (NYSE: MFB). It is hard to say why the marriage will help either company, but Hanes…
courtesy of NBN at German WikipediaThe U.S. Food and Drug Administration (FDA) today published an agency review on the health effects of menthol and nonmenthol cigarettes. Menthol currently enjoys exemption from an FDA rule…
ThinkstockThe watch was supposed to go the way of the dodo, as other electronic devices like smartphones took their place as portable clocks, alarms and stopwatches. Yet despite the nearly universal availability of new…