I am sure that Robert Ernst, a 59-year-old Wal-Mart produce manager, was well loved but did his death really cause his wife Carol Ernst over $253 million in damages. What was this Texas jury thinking? … If each of these claims resulted in similar damages to those for the death of Robert Ernst, the total liability resulting from Merck’s Vioxx debacle would reach over $1 trillion dollars! …
Last week there was an interesting article in Barron’s regarding Unilever (UN & UL). Apparently, some bankers in London are thinking about unlocking Unilever’s value by splitting it up, similar to Viacom.
Yahoo! Auctions recently announced that it will no longer charge sellers listing fees or closing costs.
Last Thursday Merck (MRK) announced that it was pulling its Vioxx drug from the market. Mr. Market was not at all happy with this development and dropped Merck’s market value by 27 percent. This was an eight year low for Merck’s market value. Merck was proactive in informing the FDA of its research concerning the [...]
In my last post, I discussed the competitive advantage that Unilever has in its global brands. But in addition to having a wide moat, we need to buy stocks at the right price to ensure a wide margin of safety. Today I’d like to share my estimate of Unilever PLC’s (UL) intrinsic value and compare [...]
Unilever (UL & UN) recently popped up on one of the value screens that I follow, and I was a bit surprised that this brand name giant might be selling for a discount price. Then this morning I spotted several news items concerning Unilever, and they didn’t sound very promising. They all revolved around a [...]
Apparently I’m not the only one thinking about Coca Cola (KO). I was reviewing the Safe Haven website today, and I discovered a new article that focuses on Coca Cola’s stock price. As of this moment KO is still above $40, so I’m not too excited yet. However, I found it interesting to read what [...]
Coca Cola’s (KO) third quarter earning were a big disappointment to the market today. Shares of Coke dropped below their 52 week low today and ended the day at $41.16. If prices drop a bit more, there could be a real opportunity here to own a piece of a company with one of the most [...]

