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Disciplined Approach to Investing (Free subscription) | 26/11/2008
Both McCormick & Co. ( MKC ) and Becton Dickinson ( BDX ) announced increases in their quarterly dividends today. McCormick & Co. McCormick & Co. announced a 9.1% increase in the company's quarterly dividend. The new quarterly dividend increases to 24 cents per share versus 22 cents per share in the same period last year. The projected dividend payout ratio is approximately 41% based on November 2009...
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Baltimore Sun (Free subscription) | 26/11/2008
Spice maker McCormick & Co. said yesterday that it will take a noncash charge of $28 million to $32 million for the decreased value of its Silvo brand in the fourth quarter. The Sparks-based company said the Silvo business, which sells spices and herbs in the Netherlands, has been hurt by "a reduction in retail distribution driven by changing market conditions." Because of the write-down, the company...
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Baltimore Sun (Free subscription) | 10/10/2008
The Hunt Valley spice maker hopes to cut its electricity costs by 30 percent in first year McCormick & Co. plans to announce today that it will begin using solar energy at its distribution center and spice mill in Hunt Valley by early next year.
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Daily News (Free subscription) | 01/10/2008
LOS ANGELES -- McCormick & Co. Inc. today announced a voluntary recall of an enchilada sauce mix sold nationwide because it contains undeclared milk ingredients.
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The Baltimore Business Journal (Free subscription) | 30/09/2008
McCormick & Co. said Tuesday it was launching a recall of a company-branded enchilada sauce mix.
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The Baltimore Business Journal (Free subscription) | 30/09/2008
Catonsville data hosting company Performance Technology Group is expanding its capacity by 50 percent after landing some significant contracts with the state, McCormick & Co. Inc., RWD Technologies and Knoll Inc. (MKC) (KNL)
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Jim Cramer's Mad Money (Free subscription) | 29/09/2008
Jim Cramer’s Mad Money Stock Picks for Wednesday September 24 2008. These are all of Jim Cramer’s stock picks that are a Buy! I bold my picks. Buy: Apple (AAPL) America Movil (AMX) Comcast (CMCSA) Equitable Resources (EQT) Frontline (FRO) Hain Celestial Group (HAIN) Kroger (KR) McCormick & Co (MKC) Nordic American Tanker (NAT) Research In Motion (RIMM) Sims Group (SMS) Sociedad Quimica (SQM) Ultra...
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The Atlanta Business Chronicle (Free subscription) | 26/09/2008
McCormick & Co. saw earnings rise 21 percent in the third quarter, fueled by a revenue surge in its U.S. consumer business and the sale of its Season-All business. (MKC)
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Baltimore Sun (Free subscription) | 26/09/2008
Spicemaker McCormick & Co. said yesterday that third-quarter earnings per share increased 21 percent as the company raised prices and saw a small benefit from the sale of its Season-All business. The Sparks-based company reported net income of $68.6 million, or 52 cents per share, for the quarter ended Aug. 31. That was compared with $56.8 million, or 44 cents per share, for the corresponding period...
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The Baltimore Business Journal (Free subscription) | 25/09/2008
McCormick & Co. saw earnings rise 21 percent in the third quarter, fueled by a revenue surge in its U.S. consumer business and the sale of its Season-All business. (MKC)
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Market Watch (Free subscription) | 25/09/2008
NEW YORK (MarketWatch) -- McCormick & Co. on Thursday said third-quarter net income rose 21% to $68.6 million, or 52 cents a share, from $56.8 million, or 43 cents a share in the year-ago period. Adjusted net income rose to 50 cents a share from 45 cents a share. Revenue rose to $781.6 million from $716.2 million. Analysts surveyed by FactSet forecast earnings of 49 cents a share on revenue of $780.2...
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Prophecy Fellowship Forums (Free subscription) | 27/08/2008
http://online.wsj.com/article/SB121945357145165595.html'mod=MKTW ---Quote--- Hershey Co. is substituting vegetable oil for a portion of the cocoa butter traditionally used in some of its chocolates. Spice maker McCormick & Co. is now supplying food companies with cheaper spices and new flavor...