Brown Forman Corp (BF.A) News

$67.3 - BF.A should just merge with BF.B and be done with it!

57.12 x 67.58. That is a big spread!

BF needs some new products. Cherry flavored Whisky is not going to set the world on fire.

Low volume, high ask, time to take some profits?

Brown is in.

Love me some BF.A, not to be confused with BOA.

Anybody watching BF.A?

BF.A all the way!

What a great company. I heard that Bacardi was considering a take over of BF.

Brown-Forman 1Q profit rises on lower costs
Brown-Forman 1st-quarter profit rises 38 percent on lower operating costs
On Wednesday September 2, 2009, 8:34 am EDT
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Companies:Brown-Forman Corporation
LOUISVILLE, Ky. (AP) -- The liquor company Brown-Forman Corp. says its first-quarter profit rose 38 percent as it reduced operating expenses and raised prices.

The seller of Jack Daniels Tennessee Whiskey and Korbel Champagne said Wednesday it earned $121.4 million, or 81 cents per share, in the three months ended July 31. That compares to $88.2 million, or 58 cents per share, a year earlier.

Analysts had expected much lower earnings of 62 cents per share but typically exclude one-time items.

Brown Forman says revenue fell 7 percent to $737.9 million. That is below analysts's expectations of $753 million.

The company is reaffirming its full-year profit forecast of $2.60 to $3 per share.

Another good week for BF.A

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Brown-Forman is a potential merger candidate with Bacardi, any thoughts?