Brown-Forman: Not Quite a Jack of All Trades (BF.B)
Brown-Forman (BF.B) The Brown-Forman Corporation (BF.B: Charts, News, Offers), maker of Jack Daniel’s whiskey, reported that its third quarter profit dropped while overall sales grew. The liquor distiller cited an expected increase in expenses as the reason for the dip in profit. However, Brown-Forman also scaled back its full-year earnings forecast for 2010. [...]
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