Consumer Goods
Retail Sales Data Show We’re In Recession (or at least acting like we are)
Wal-Mart & Costco show good earnings, translates into a recession.
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Crocs' First Quarter Results Lack Bite
Crocs (CROX) released its first quarter numbers Wednesday after the closing bell. Revenue came in at $198.5 million. The company posted a loss of $4.5 million or 5 cents per share, well below the $24.9 million or 31 cents per share it earned in the comparable period a year ago.
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Oil is the blood for our Economy
America's gasoline supply is limited partly because the environmental movement has been a key player halting the development of oil refineries, which in turn limits our ability to produce gasoline (we haven't built a new refinery in nearly 50 years). This puts us in a bind. We, along with the rest of the world have a growing demand for oil and gasoline, while the supply .............
Free Cone day at Ben and Jerry's
Every year on their birthday Ben & Jerry’s celebrates by giving the public free ice cream. Seems slightly backwards, but totally true. Go to any participating scoop shop today and get your free cone!
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Office Depot a Bargain
Office Depot stock has been beaten down too far and now it represents a decent bargain.
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Mars buying gum maker Wrigley with financing from Buffett
Candy maker Mars Inc. is buying Wm. Wrigley Jr. Co., the confectioner behind Juicy Fruit and Doublemint gum and Life Savers candy, for about $23 billion in cash, the companies announced Monday.
The agreement has the potential to transform the globe's confectionery industry and could spawn a series of other combinations.
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Food Crisis Worsens as Rice Prices Surge
Rice prices have hit fresh records after World Bank officials said Thailand, the largest exporter of the grain, may restrict exports, worsening the global food crisis. The escalating food crisis is easily the biggest problem facing Asia and other emerging markets - much more troubling than the credit crunch.
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Crocs is crashing
Crocs remained down all day Tuesday after Crocs announced guidance cuts that one analyst termed "stunning," amid lower-than-expected demand, and Najarian warned investors to resist the temptation to bottom fish. Macke doesn’t have confidence in the company after the numbers it reported on Monday, and Finerman says management is clueless.
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A loser wants to buy a loser?
Blockbuster wants to buy Circuit City. A deal that should have never came about
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Fortune loses V&S to Pernod, but gains in market
Fortune Brands Inc (FO) shares jumped over 8 percent on Monday after the U.S. spirits company lost an auction for Absolut vodka maker Vin & Sprit [VSG.UL] and said it would begin buying back its own shares.
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FREE STUFF from Beanieville!
Beanieville just partnered with a company to get you hundreds of popular Industry magazines, white papers, webinars, podcasts, and more..
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Fairfax Financial to Invest in Abitibi
AbitibiBowater (ABH), the largest North American newsprint maker, said on Monday Fairfax Financial Holdings (FFH) agreed to invest $350 million in unregistered convertible debentures of AbitibiBowater, sending its shares up more than 24%.
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No More gambling
Research shows gamers spend up to£40 on a single new release console title. Yet when reselling, the price drops down to between£20 and£30, leaving a loss of around half the original cost of the game.
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They found Elliott Spitzer's girl
Elliot Spitzer's career is over and then some. But nobody really cares about Spitzer, they care about who the other party was.
Spice up your Profile w/ MKC
THOUGH SOME INVESTORS LOST their appetite for McCormick & Co., the spice king's growing profits could lure investors back to the table. ( barrons Articale )
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