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Stock Market & Financial Investment News

News Breaks
January 31, 2014
07:32 EDTFBHSFortune Brands upgraded to Outperform from Neutral at Macquarie
Macquarie upgraded Fortune Brands ahead of an expected sales ramp and a positive mix across channels. Price target raised to $51 from $48.
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July 22, 2015
16:15 EDTFBHSFortune Brands sees FY15 free cash flow of approximately $270M
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16:15 EDTFBHSFortune Brands raises FY15 adjusted EPS view to $2.03-$2.10 from $2.00-$2.10
FY15 consensus $2.04. Based on the company’s expectation to continue outperforming the market, the acquisition of Norcraft and the impact of foreign currency, the company expects full-year 2015 net sales growth in the range of 13%-15%, consensus $4.61B.
16:12 EDTFBHSFortune Brands reports Q2 adjusted EPS 59c, consensus 57c
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