Companies and Brands

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The Impending Groupon IPO

Groupon has become rather well known for its web ads calling for local discounts for those who join.  A possible buyout from Google Inc. (NASDAQ: GOOG), which Groupon ultimately rejected, brought it even further…

Jon C. Ogg · 16 years ago

Mysterious Disappointment in Consumer Confidence

The Conference Board released its reading of Consumer Confidence was above the red-line, albeit a bit less than expected.  The reading fell to 52.5 for December, down from a revised 54.3 reading in November…

Jon C. Ogg · 16 years ago

Rite Aid Earnings, Wrong Answer (RAD, WAG, CVS, WMT)

Rite Aid Corp. (NYSE: RAD) is getting clipped this morning after its quarterly earnings report.  As you have grown accustomed to, the ‘earnings report’ is really a loss report.  The report starts out with…

Jon C. Ogg · 16 years ago

International Smoking on the Decline? (PM, MO)

Philip Morris International Inc. (NYSE: PM) is presenting at the Morgan Stanley Global Consumer & Retail Conference in New York.  An SEC filing shows that Chairman & CEO Louis Camilleri is reaffirming last month’s…

Jon C. Ogg · 16 years ago

Amazon’s Move Into Babycare (AMZN)

Amazon.com, Inc. (NASDAQ: AMZN) is making another acquisition to move into specialty retail areas, this time in the realm of babycare products.  Jeff Bezos and friends are acquiring a company called Quidsi, Inc., which…

Jon C. Ogg · 16 years ago

Smoking Profits (PM, MO)

Philip Morris International Inc. (NYSE: PM) is showing that smoking is still cool, at least as far as earnings are concerned.  The international tobacco giant reported adjusted earnings of $1.00 EPS for 7% earnings…

Jon C. Ogg · 16 years ago

Big Earnings Mix From Coca-Cola (KO)

Coca-Cola Company (NYSE: KO) is out with mixed earnings.  Third quarter earnings rose 9% to $2.06 billion, while earnings on a per share basis rose to $0.88 EPS from $0.81 EPS a year ago. …

Jon C. Ogg · 16 years ago

A New CFO For Wal-Mart (WMT)

Wal-Mart Stores, Inc. (NYSE: WMT) is getting a new CFO.  The company has an SEC filing that shows that Thomas M. Schoewe will retire on November 30 as executive vice president and chief financial…

Jon C. Ogg · 16 years ago