Tag: FO
Seven of Business’s Most Bizarre Brand Bedfellows
by Bruce Watson on Feb.28, 2011, under Towing
Wall Street’s endless parade of buyouts and mergers, divisions and revisions has created a tangled landscape in which companies that are famous for one thing often own brands that are completely different — or even diametrically opposed. Here are seven of our favorite mismatches.
Continue reading Seven of Business’s Most Bizarre Brand Bedfellows
Seven of Business’s Most Bizarre Brand Bedfellows originally appeared on DailyFinance on Mon, 28 Feb 2011 12:00:00.
Filed Under: Company News, Economy, Investing, Berkshire Hathaway
ITT Dismantles Its Empire, Ending the Age of Conglomerates
by Steve Rosenbush on Jan.13, 2011, under Towing
The 91-year old company was once the leading diversified industrial company, the product of hundreds of leveraged buyouts in the 1960s and ’70s. But its breakup is yet more proof that the conglomerate model makes little sense today. Why? Activist investors have a lot to do with it.
Continue reading ITT Dismantles Its Empire, Ending the Age of Conglomerates
ITT Dismantles Its Empire, Ending the Age of Conglomerates originally appeared on DailyFinance on Thu, 13 Jan 2011 12:00:00.
Filed Under: Company News, Columns, Investing, Stocks in the News
Fortune Brands to Split into Three Units
by Hugh Collins on Dec.08, 2010, under Towing
Fortune Brands (FO), maker of Jim Beam whisky, plans to split into three separate units.
Fortune Brands will continue to focus on its distilled spirits business, the company said in a statement. Fortune’s home and security business will be spun off into an independent, publicly traded company while its golf business will be spun off or sold.
“We are taking the next logical step in the evolution of…
Continue reading Fortune Brands to Split into Three Units
Fortune Brands to Split into Three Units originally appeared on DailyFinance on Wed, 08 Dec 2010 06:36:00.
Filed Under: Company News, Retail
Top Stock Picks of Six Billionaire Investors
by Peter Cohan on Nov.16, 2010, under Towing
By the time the world’s smartest investors tell the SEC what stocks they hold, most of the gains they were after are already priced in. But a few of the companies Warren Buffett, George Soros, and their billionaire buddies have bought into still have a lot further to rise. Which ones? Read on …
Continue reading Top Stock Picks of Six Billionaire Investors
Top Stock Picks of Six Billionaire Investors originally appeared on DailyFinance on Tue, 16 Nov 2010 10:40:00.
Filed Under: People, Investing, Genzyme Corporation , Berkshire Hathaway, AT&T, Sanofi Aventis, Stock Picks, Wells Fargo & Co, Investing Basics, Stocks in the News, Streetwise
Week in Preview: The Earnings Crunch Continues
by Trey Thoelcke on Oct.24, 2010, under Towing
Dozens of companies report earnings this week, and analysts surveyed by Thomson Reuters are anticipating lots of strong quarterly reports. Among those posting improved results should be Microsoft and Visa. However, likely to post losses are Office Depot and Sprint Nextel.
Continue reading Week in Preview: The Earnings Crunch Continues
Week in Preview: The Earnings Crunch Continues originally appeared on DailyFinance on Sun, 24 Oct 2010 19:25:00.
Filed Under: Company News, Investing, Earnings, Microsoft, Visa, Stocks in the News, Market News
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