Back in January, industrial conglomerate ITT Corp. (NYSE:ITT) announced plans to break itself into three separate, publicly-traded companies. The move, which was billed as helping the units “emerge as three strong and focused standalone companies,” is finally set to take place on Halloween. On Friday, the company reported its last quarter as a combined entity and lent further insight into what each unit will look like when they start to trade independently on Monday.
Consumer goods giant, Kimberly-Clark (NYSE:KMB), reported solid sales growth and earnings that met analyst projections on Oct. 24, 2011. Results continue to be adversely impacted by rising raw material costs, but are still as consistent as investors are likely to find, in the market today. Throw in an above-average dividend yield and the stock may appeal to conservative, income-minded investors.
Tupperware (NYSE:TUP), known best for its Tupperware parties, or social neighborhood gatherings, where a host sells its kitchen storage products, and other related products, possesses a business model that is well suited for emerging markets. Its third quarter results offered the most recent illustration that growth potential is wide open across the world, as is considerable and consistent profit expansion.
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2013-05-17 16:00
