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Corning: A Buy As Post-Earnings Sell Off Is Unwarranted
2015-05-03 11:13:23| Industrial Machines - Topix.net
The company's recent earnings report, while not extraordinary, represented progress in all major divisions and did not warrant the about 10 percent sell off in its shares. The company's optical division was the highlight of the quarter due to a recent acquisition and strong demand for the division's products.
Masco is a Good Buy Post Recent Results
2015-05-02 22:58:13| Furniture - Topix.net
Masco recently reported strong results with its sales increasing 3 percent to $2 billion. Excluding the effects of foreign currency translation, its sales were up 7 percent.
New rules for buy here, pay here car lots pass Assembly
2015-05-02 09:22:25| Auto Dealers - Topix.net
A bill that would require buy-here-pay-here dealerships to provide a 10-day notification before a remote kill device could be used to disable a car for lack of payment gained unanimous approval in the Assembly this week. Assembly Bill 265 by Assemblyman Chris Holden, D-Pasadena , passed on a 75-0 vote and is now headed to the Senate.
Campbell Soup on Warren Buffett's Buy Menu?
2015-05-02 01:37:42| Food - Topix.net
That, at least, is the conclusion of a pair of institutional shareholders in Berkshire Hathaway, who believe more food and consumer deals may be on Buffett's plate, along with possible acquisitions of companies outside the U.S. "I wouldn't be surprised, personally, to see more food industry acquisitions, in part because there are scale advantages, in part because there's an enormous amount of wasted effort amongst companies in the industry," said Tom Russo, partner at money manager Gardner Russo & Gardner in Lancaster, Pa. Berkshire recently struck a deal with Brazilian private equity firm 3G to buy Kraft Foods for $40 billion and merge it with Heinz, which Berkshire and 3G bought together in 2013.
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Texas car dealer: Buy a truck, get an assault rifle
2015-05-02 01:05:44| Auto Dealers - Topix.net
Benny Boyd Automotive Group's dealership in Andrews will throw in a "brand new AR-15 semi-automatic assault rifle, a Ruger deer rifle or a 9 mm handgun" with the purchase of a Chrysler, Dodge, Jeep or Ram truck, a video advertisement posted to the dealership's Facebook page. Benny Boyd Automotive Group's dealership in Andrews will throw in a "brand new AR-15 semi-automatic assault rifle, a Ruger deer rifle or a 9 mm handgun" with the purchase of a Chrysler, Dodge, Jeep or Ram truck, a video advertisement posted to the dealership's Facebook page.
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