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Tupperware Brands Announces Offering of $400 Million of Senior Notes due 2021
Wednesday, May 25, 2011 - 7:29am | 115Tupperware Brands Corporation (NYSE: TUP) announced today that it plans to offer $400 million of Senior Notes due 2021, subject to market and other conditions. The notes will be guaranteed on a senior secured basis by Dart Industries Inc., a wholly owned subsidiary of the Company. The collateral...
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Taglich Brothers Has Speculative Buy On CTI Industries Corporation
Wednesday, May 25, 2011 - 6:36am | 105Taglich Brothers has a Speculative Buy rating on shares of CTI Industries Corporation (NASDAQ: CTIB), but is lowering its price target to $6.25. In a note to clients, Taglich writes, "We are maintaining our investment rating of Speculative Buy on CTI Industries Corporation (CTIB: NASDAQ CM) but...
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Fore! Fila Takes A Drive, Buys Titleist From Fortune Brands
Friday, May 20, 2011 - 12:19pm | 164Fila, the athletic apparel maker has decided to enter the golf game, and purchased Titleist from Fortune Brands Inc. (NYSE: FO) this morning for $1.2 billion. A group including Fila Korea Ltd. Mirae Asset Private Equity, National Pension Service of Korea and the Korea Development Bank purchased...
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McDermott Advises Fila and Mirae Asset Private Equity on USD $1.2 Billion Acquisition of Titleist and FootJoy Brands
Friday, May 20, 2011 - 10:22am | 129International law firm McDermott Will & Emery LLP represented Fila Korea Ltd., the owner of the Fila® brand globally, and Mirae Asset Private Equity, the largest private equity firm in Korea, in connection with their agreement to purchase the Acushnet golf business from Fortune Brands, Inc. (...
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Fortune Brands Announces Agreement to Sell Acushnet Company Golf Business
Friday, May 20, 2011 - 7:00am | 83Fortune Brands, Inc. (NYSE: FO) today announced a definitive agreement for the sale of its Acushnet Company golf business, featuring the iconic Titleist and FootJoy brands, to a group led by Fila Korea Ltd., the owner of the Fila brand globally, and Mirae Asset Private Equity, the largest private...
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Puts Purchased on Newell Rubbermaid (NWL)
Monday, May 16, 2011 - 2:20pm | 140Shares of Newell Rubbermaid (NYSE: NWL) are lower on the session by 0.54%, currently trading at $18.37. The stock has been moving largely lower over the past three months and is currently trading between the 50-day and 200-day moving averages. Options traders are buying puts on the name today. A...
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Top 10 Highest Paid Chief Executives 2011 -CEO Compensation
Sunday, May 15, 2011 - 6:00am | 99210) Jeffrey L. Bewkes- Time Warner Inc. (TWX), Total Direct Compensation- $26,012 9) Donald J. Stebbins- Visteon Corporation (VC), Total Direct Compensation- $26,841 8) Robert A. Iger- The Walt Disney Company (DIS), Total Direct Compensation- $27,219 donald-j-stebbins ◄ Back Next ►...
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Morgan Stanley Reiterates Overweight on Giant Interactive (GA)
Friday, May 13, 2011 - 7:31am | 135Morgan Stanley reiterated its Overweight rating on Giant Interactive (NYSE: GA), following Giant's strong Q1 results. In a research report published today, Morgan Stanley states, "1Q11 sales increased 10% QoQ and 32% YoY to Rmb403mn, in line with our estimates. Excluding one off items, earnings...
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Top 4 NYSE Stocks In The Home Furnishings & Fixtures Industry With The Highest EPS Estimates (FO, TPX, LEG, ETH)
Friday, May 13, 2011 - 1:13am | 149Below are the top home furnishings & fixtures stocks on the NYSE in terms of earnings estimate for the next year. The earnings estimate for Fortune Brands Inc (NYSE: FO) for the next year ending December, 2012 is $3.80 per share. FO's trailing-twelve-month operating margin is 12.33%. Tempur-...
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Top 4 Stocks In The Office Supplies Industry With The Highest EPS Estimates (EBF, ACU, ABD, SR)
Tuesday, May 10, 2011 - 12:54am | 151Below are the top office supplies stocks on the NYSE, the NASDAQ and the AMEX in terms of earnings estimate for the next year. The earnings estimate for Ennis Inc (NYSE: EBF) for the next year ending February, 2013 is $2.22 per share. EBF's trailing-twelve-month ROE is 13.85%. Acme United...
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Top Fabricated Plastic & Rubber Stocks Buy Signals- FFHL, GPR, CMT, ASH, CSL, BEST, CTIB, TG, SEH
Monday, May 9, 2011 - 6:51am | 1181Spartech Corporation (NYSE:SEH) converts base polymers or resins purchased from commodity suppliers into extruded plastic sheet and rollstock, thermoformed packaging, specialty film laminates, acrylic products is trading at a price of $6.72,a dramatic change of -0.03 with % change of -0.44 from...
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Mother's Day was Yesterday: What Stocks Might Benefit
Sunday, May 8, 2011 - 10:18pm | 558Mother's Day was yesterday, and for the last couple weeks, sales have been rising for chocolate, flowers, and jewelry, along with greeting cards and gift wrap. Investors looking for stocks that might be participating in the Mother's Day buying activity can find a few ideas on the chocolate and...
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Fortune Brands Announces Filing of Form 10 Registration Statement for Proposed Spin-off of Home & Security Business (FO)
Friday, May 6, 2011 - 8:01am | 104Fortune Brands, Inc. (NYSE: FO) today announced that its Fortune Brands Home & Security business has filed an initial Form 10 Registration Statement with the Securities & Exchange Commission in connection with its proposed spin-off from Fortune Brands. The spin-off is part of the company's...
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Fortune Brands Reports EPS of $0.59 vs. $0.51 Estimate; Revenues $1.76B vs. $1.63B Estimate
Thursday, May 5, 2011 - 6:36am | 22Fortune Brands (NYSE: FO) Reports EPS of $0.59 vs. $0.51 Estimate; Revenues $1.76B vs. $1.63B Estimate
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US Stock Futures Down As Investors Await GM Earnings, Retail Sales Data, ECB Meeting; Lloyds Shares Drop In Pre-Market Trading
Thursday, May 5, 2011 - 5:32am | 751US stock futures are lower this morning, as investors are awaiting earnings from General Motors Co (NYSE: GM), same-store sales data and a meeting of the European Central Bank (ECB). Futures on the Dow Jones Industrial Average dropped 25 points to 12,647.00 and futures on the S&P 500 stock...