FORTUNE BRANDS INC (NYSE:FO), Down By 5.20% ($3.38) From $65.000 After BUYINS.NET Report Predicted Weakness After Earnings
June 17, 2011 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Wednesday, May 4th 2011 stating that FORTUNE BRANDS INC (NYSE:FO) was expected to be Down After its earnings release. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=fo&id=164305
At the time this story was written, FORTUNE BRANDS INC (NYSE:FO) is Down By 5.20% ($3.38) From $65.000 since the BUYINS.NET report was released.
The movement of stock prices in the days and weeks leading to and following earnings announcements may follow a predictable pattern. Most companies stock price histories show random or unpredictable movements around earnings dates. But some seem to repeat the same pattern quarter after quarter, year after year. The specific technology used to make these predictions is available for a low monthly fee at http://www.squeezetrigger.com/services/strat/mh.php
FORTUNE BRANDS INC (NYSE:FO) - Fortune Brands, Inc., through its subsidiaries, manufactures and sells branded consumer products in the distilled spirits, home and security, and golf markets primarily in the United States, Europe, Mexico, Canada, Australia, and Asia. The companys Spirit segment offers a range of distilled spirits, such as bourbon, whisky, tequila, and cognac products under the Jim Beam, Makers Mark, Sauza, Canadian Club, Laphroaig, and Courvoisier brands; and rum, sherries, port, gin, whisky, and bitters under Teachers, Cruzan, Harveys, Larios, and Whisky DYC names. The companys Home & Security segment manufactures custom, semi-custom, and stock cabinetry for the kitchen, bath, and home under the Aristokraft, Omega, Kitchen Craft, Schrock, Diamond, HomeCrest, Decor, and Kemper brand names; fiberglass and steel residential entry door and patio door systems; faucets, bath furnishings, accessories, parts, and kitchen sinks; vinyl-framed windows and patio doors; fiberglass and steel residential entry door, and patio door systems; key-controlled and combination padlocks, bicycle and cable locks, built-in locker locks, and door hardware, as well as automotive, trailer, and towing locks; and other specialty safety and security devices. This segment offers its products for use in residential home repair, remodeling, new construction, security, and storage applications. Its Golf segment manufactures and markets golf balls, golf clubs, golf shoes, golf gloves, golf bags, golf outerwear, and accessories. This segments sells its products primarily to on-course golf pro shops and off-course golf specialty stores, sporting goods stores, mass merchants, and warehouse clubs directly in the United States, as well as through distributors or agents in other international markets. The company was formerly known as American Brands, Inc. and changed its name to Fortune Brands, Inc. in May 1997. The company was founded 1904 and is based in Deerfield, Illinois.
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GATS -- tracks and quantifies known trading strategies.
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