P&G Not As Recession-Proof As Thought (PG)
Procter & Gamble Co. (NYSE: PG) was supposed to be about as immune to a recession as any company could be. It is in the category behind food and water and a few others. …
Procter & Gamble Co. (NYSE: PG) was supposed to be about as immune to a recession as any company could be. It is in the category behind food and water and a few others. …
Eastman Kodak Co. (NYSE: EK) has been trying to turn a corner for quite some time. This morning the company turned a corner, and walked right into Thor’s Hammer. The film maker has withdrawn…
Generally speaking we do not like resurrect candidates for CEOs to go. We first named Antonio Perez of Eastman Kodak Co. (NYSE: EK) in late 2006 as a CEO to go in 2007. It…
Universal Corporation (NYSE: UVV) has filed an automatic shelf registration statement with the SEC that will allow it from time to time to sell securities. The leaf tobacco merchant and processor will be able…
Whirlpool (WHR) does not have a company mascot like the Maytag Repairman. His marketing pitch is that Maytag products never need to be fixed. He is a man without work, which makes Maytag products…
Costco Wholesale Corp. (NASDAQ: COST) is trading down over 1% pre-market, yet the upper-end big box retailer posted some very strong numbers. The company reported earnings of $0.97 per share before $0.07 worth of…
As long as companies in the "smokes" business are not being sued by dead people who used their products, it is a hell of a business. Operating margins can run above 20% and cash…
Philip Morris USA, part of Altria Group Inc. (NYSE: MO), has filed a rather interesting lawsuit which could act to set the precedent for case law for years ahead. Big Tobacco asked a federal…
The merger chatter this morning has Altria Group Inc. (NYSE: MO) looking at UST Inc. (NYSE: UST) in a deal valued at $10 Billion or higher. This could be a major score for Big…
Procter & Gamble (NYSE: PG) posted a 33% earnings gain to $0.92 net EPS, but before a tax gain it showed $0.80 EPS. Estimates from First Call were $0.78 EPS. For its next quarter…
Altria Group Inc. (MO) spooked shareholders today when it said cigarette shipments this year may plunge as much as 3.5 percent. The stock fell to a three-month low as investors wondered whether the Marlboro…
State Street Corporation (NYSE: STT) has announced that its State Street Global Advisors unit is launching 10 new SPDR exchange-traded funds, which are supposed to begin trading on the American Stock Exchange today: SPDR(R)…
State Street Corporation (NYSE: STT) has announced that its State Street Global Advisors unit is launching 10 new SPDR exchange-traded funds, which are supposed to begin trading on the American Stock Exchange today: SPDR(R)…
At one point in time it was "a chicken in every pot and a car in every garage". These days that extends to touchscreen phones and PCs. Before the Apple (AAPL) iPhone, very few…
CSX (CSX) is raising freight rates. So is Burlington Northern (BNI). Their diesel costs are up, and they need to pass them on to customers. Dow Chemical (DOW) said it would raise the prices…