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On an ongoing basis, manufacturers are raising prices because they can. It enhances profitability, largely because there are few incremental read more

On an ongoing basis, manufacturers are raising prices because they can. It enhances profitability, largely because there are few incremental costs, and consumers' response to a higher price is relatively modest.

by David Adelman Found in: Miscellaneous Quotes,
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Tobacco operating fundamentals sequentially strengthened from the first to the second quarter, and third-quarter performance generally retained that stronger momentum. read more

Tobacco operating fundamentals sequentially strengthened from the first to the second quarter, and third-quarter performance generally retained that stronger momentum. Results are also particularly encouraging, in our view, given Kraft's continued weak and disappointing overall operating performance...[Philip Morris USA] is delivering an improved balance of market share and operating profit performance.

by David Adelman Found in: Miscellaneous Quotes,
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Sara Lee was an exceptional company with compounded earnings-per-share growth exceeding 12% a year for 25 years. But I think read more

Sara Lee was an exceptional company with compounded earnings-per-share growth exceeding 12% a year for 25 years. But I think the clock stopped for Sara Lee in 1995.

by David Adelman Found in: Miscellaneous Quotes,
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The ruling eliminates the risk of a large-scale financial verdict, should increase the market's visibility of Philip Morris' long-term U.S. read more

The ruling eliminates the risk of a large-scale financial verdict, should increase the market's visibility of Philip Morris' long-term U.S. tobacco market share and profit growth, and avoids press coverage of the industry airing its internal issues in public.

by David Adelman Found in: Miscellaneous Quotes,
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