Was a diversified conglomerate that had golf balls, locks and forceps and sold them off. Now a pure play in spirits. Earnings are up about 10%. Revenues up about 8%. Increasing their dividends. Possible acquisition target.
This is the maker of Jim Beam, biggest bourbon producer globally. Also, has Canadian club whiskey, Teacher's whiskey, tequila, brandy companies etc. Could be an interesting takeover target. Yield of about 1.3%.
Canadian Club, Teachers Whisky, etc. 30% over the last couple of years but not a lot this year. It is a takeover target. 20% of sales from emerging markets.
(A Top Pick May 31/13. Up 29.97%.) Was being acquired last spring, and he sold into the offer.