This week, Altria (MO) will probably announce that it will split its domestic and international operations into separate companies. The reason would be to allow the overseas operations to be "unfettered by legal and…
With the market in bad shape and likely to get worse, investors are running in circles looking for something to buy? Well, tobacco takes a long time to go out of style. And, Altria…
Procter & Gamble (NYSE:PG) did post earnings at $0.67 EPS versus $0.66 estimates from First Call. It also put next quarter targets for $0.88 to $0.90 versus $0.91 estimates and said that fiscal June-2008…
If you thought roll-up mergers expanding into new lines had gone the way of concentrating on core operations, guess again. Playtex Products Inc. (NYSE:PYX) is being acquired by Energizer Holdings Inc. (NYSE:ENR) in perhaps…
Altria Group, Inc. (MO-NYSE) has announced a streamlining of operations to cut costs in a move that will result in a North Carolina manufacturing plant being closed by 2010. The Cabarrus, North Carolina plant…
Stock Tickers: MO, RAI, VGR, UST, BUD On tonight’s MAD MONEY on CNBC, Jim Cramer came out very positive on Vector Group Ltd. (VGR-NYSE). He noted that Carl Icahn is a big backer of…
When a bulge bracket firm issues a ‘Sell’ rating on a stock, you always have to consider the reasoning. ‘Sell’ recommendations can cause many more backlashes historically than other downgrade and ratings changes, particularly…
Bed Bath & Beyonds (BBBY-NASDAQ) is apparently feeling the same consumer pinch as elsewhere, it guided $0.36-0.38 EPS versus $0.39 estimates and guided same-store-sales for the quarter down to up 1.6% from a prior…
The news that Dell (DELL-NASDAQ) is selling Linux computers bunled with Ubuntu is really long overdue, but the point that Dell will start selling two multimedia desktop PC’s on a sub-$700.00 level inside Wal-Mart…
It looks like there is going to be a new bidder in the buyout for Bausch & Lomb (BOL). Advanced Medical Optics (EYE-NYSE) is reportedly forming a bid according to CNBC’s David Faber that…
This morning we were happy to see that Hillenbrand Industries (HB) was splitting itself up. The company had two entirely unrelated segments: medical technology under the Hill-Rom name, and caskets under the Batesville Caskets…
Shutterfly (SFLY-NASDAQ) has scored a digital photo pact with Target (TGT), where Target customers will be able to use the Shutterfly digital photo storage, printing, and ordering systems. The pact has several offerings, but…
It’s been a rough week for Under Armour Inc. (UA) and their shares are down 9% since Monday. On Tuesday’s (5/1) earnings call Under Armour reported Q1 07 revenue increased by 42% and their…
Smoke ’em if you got ’em. Altria (MO) raised guidance for the year to $4.20 to $4.25 per share. Previously, the number had been $4.15 to $4.20. Oh, yes, and net revenue for the…
From Ticker Sense MO and UST top our list of stocks that have been up the most consecutive days. Interestingly, MO has been up 6 days in a row 7 times in the last…