Wikimedia CommonsPhilip Morris International Inc. (NYSE: PM) reported second-quarter 2013 results before markets opened this morning. The tobacco products firm posted adjusted diluted earnings per share (EPS) of $1.30 on revenue of $7.92 billion.…
courtesy of The Coca-Cola CompanyThe Coca-Cola Co. (NYSE: KO) reported second-quarter 2013 results before markets opened this morning. The soft-drink maker posted diluted earnings per share (EPS) of $0.59 on revenues of $12.75 billion.…
courtesy of Hostess Brands Inc.The excitement is palpable. Hostess Twinkies, Ding Dongs, Ho Hos and Cupcakes will arrive again on store shelves next week. Check out the countdown clock on the Hostess website to…
courtesy of Nokia Corp.S&P has come to the conclusion that Nokia Corp. (NYSE: NOK) is barely viable, if it is viable at all. In a new ratings report, S&P largely blamed a deal to…
ThinkstockMartha Stewart Omnimedia Inc. (NYSE: MSO) said in a filing today that it has changed its employment agreement between the company and Martha Stewart, the company’s namesake and public persona. We suggested back in…
ThinkstockConstellation Brands Inc. (NYSE: STZ) reported first-quarter fiscal 2014 adjusted diluted earnings per share (EPS) of $0.38 on revenue of $673 million. In the same period a year ago, the wine and beer company…
courtesy ConAgra Foods Inc.ConAgra Foods Inc. (NYSE: CAG) reported fourth-quarter and full-year fiscal 2013 results before markets opened this morning. The food processor and packager reported quarterly adjusted diluted earnings per share (EPS) of…
courtesy of The Coca-Cola CompanySome politicians and doctors may want to curb Americans’ consumption of sugar, fatty food and other junk. Americans who are willing to brave obesity, Type II diabetes, heart attack and…
Jim Henderson, via Wikimedia CommonsSears Holdings Corp. (NASDAQ: SHLD) has been on a long and slow turnaround path but seems unable to be turned around. We have questioned this company’s long-term viability if it…
ThinkstockThe U.S. Labor Department already released its reading for wholesale prices via the Producer Price Index for May, and now we have the retail inflation data coming via the Consumer Price Index (CPI). Headline…
ThinkstockOne of the bigger acquisitions of the year is getting a negative review from a major shareholder. Smithfield Foods Inc. (NYSE: SFD) has agreed to be acquired by China’s Shuanghui International Holdings Ltd. for…
Smith & Wesson Holding Corporation (NASDAQ: SWHC) is showing that gun sales are still booming. The firearm manufacturer reported that its preliminary sales for the quarter ending on April 30, 2013 rose by 38%…
ThinkstockOne of the world’s largest consumer products companies raised $1 billion in an initial public offering (IPO) this morning. Coty Inc. (NYSE: COTY) sold 57.1 million shares of class A stock at $17.50, the…
ThinkstockOver the past five years, shares of Safeway Inc. (NYSE: SWY) have traded in a range of around $15 to $30 a share. The low point came last summer and the high point came…
ThinkstockOne of the world’s largest consumer products companies raised $1 billion in an initial public offering (IPO) this morning. Coty Inc. (NYSE: COTY) sold 57.1 million shares of class A stock at the mid-point…