Kellogg’s Nabs Pringles (K, PG, DMND)
Cereal maker Kellogg Co. (NYSE: K) has offered $2.7 billion for the Pringles business of Proctor & Gamble Co. (NYSE: PG). The offer follows hard on the heels of the withdrawal of…
Cereal maker Kellogg Co. (NYSE: K) has offered $2.7 billion for the Pringles business of Proctor & Gamble Co. (NYSE: PG). The offer follows hard on the heels of the withdrawal of…
Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) and Warren Buffett have just released the latest holdings of U.S.-listed equities as of December 31, 2011. We have included some accompanying notes on each and…
Diamond Foods, Inc. (NASDAQ: DMND) is now an at-risk company. The fears about the audit committee’s findings are as bad or worse than what the skeptics were expecting, and the news just…
Diamond Foods, Inc. (NASDAQ: DMND) is a story that just goes from negative to bad to worse to just plain awful. The maker of nuts and almond products has reported that it…
AT&T Inc. (NYSE: T) is planning to issue a benchmark offering of 3-, 5-, and 10-year notes as coupons on corporate bonds are approaching the record low of 3.45% set last August.…
Just because certain products have a low price tag does not mean they cannot sell for billions of dollars. In fact, some of the cheapest products make the most money for their…
All three major US indexes opened lower this morning following the report that US GDP grew by 2.8% in the fourth quarter. A rise of 3% was expected. Combined with the lack…
Procter & Gamble (NYSE: PG) has reported earnings for its second quarter and the consumer products giant has turned in earnings of $0.57 EPS but the normalized earnings was $1.10 EPS on…
Equity markets opened slightly higher this morning but trailed off to negative territory in the late morning. By late afternoon, the NASDAQ composite and the S&P 500 were flirting with a positive…
This coming week is going to be yet another action packed week of big corporate earnings which will move markets or will move their sectors. 24/7 Wall St. has identified each of…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Monday morning. Amgen Corporation (NASDAQ: AMGN) Cut to Neutral at JPMorgan. Comerica…
The coming week is going to be yet another action packed week of big corporate earnings which will move markets or will move their sectors. 24/7 Wall St. has identified the DJIA…
Diamond Foods, Inc. (NASDAQ: DMND) has gone from a story of great growth to growing pain. And in the scenario of the latter, shares are getting spanked on news from the Wall Street…
Each January, 24/7 Wall St. forecasts the publicly traded U.S. companies that will have the highest profits in the year ahead. This year, Apple (NASDAQ: AAPL) is likely to pass Exxon Mobil…
The primary reason, it is often argued, that China is an important market for many large U.S. companies is that its population has doubled since the early 1960s. But the whole picture…