Fortune Brands tops profit expectations Oct 24, 2009
The maker of Jim Beam bourbon, Moen faucets and Titleist golf equipment also raised the low end of its full-year profit forecast, citing its third-quarter performance and signs of stabilization in the U.S. new-home construction market. Fortune said net income fell to $124. (Crain's Chicago Business)
Fortune's rum maker strikes revenue deal with Virgin Islands gov't Oct 8, 2009
Cruzan is owned by Deerfield -based , which makes products ranging from Jim Beam bourbon to Titleist golf balls. It acquired the St. Croix-produced rum in September 2008. (Crain's Chicago Business)
Stocks End Mixed; Microsoft Plunges Jul 25, 2009
Fortune, which also makes Titleist golf balls, said they are seeing lower discretionary spending in all its divisions, most notably in home products and golf. Heavy industry company Ingersoll-Rand (IR) said it earned an adjusted 50 cents a share, well above the 39 cents a share predicted by Wall Street analysts surveyed by Thomson Reuters. (Fox News)
PGA TOUR: Not stopping plans to implement groove changes Jul 1, 2009
"I haven't thought much about it," said , who plays TaylorMade clubs and Titleist golf balls. "I don't spin the ball that much anyway.". (USA Today -- Sports)
Fortune Brands 1Q profit down 93 percent May 3, 2009
Fortune Brands Inc. consumer goods brand includes Maker s Mark bourbon, Sauza tequila, Canadian Club whiskey, Moen faucets, Aristokraft cabinets, Master Lock security products, Cobra golf clubs and Titleist golf balls. Reader Comments. (Milwaukee Business Journal, WI)
Fortune Brands 1Q profit sinks, beats estimates May 2, 2009
(AP) , which makes consumer products ranging from Jim Beam bourbon to Titleist golf balls, said Friday its first-quarter profit skidded 94 percent largely on higher restructuring costs. Adjusted results surpassed analysts' estimates, as the company predicted earlier in the week. (Crain's Chicago Business)
Sycamore to lay off 140, Acushnet to cut 169 Apr 30, 2009
Stung by falling sales of optical networking products, will lay off 30 percent of its workforce, or about 140 employees, while Acushnet Co. plans to lay off 169 workers, due to a sharp drop in sales of its Titleist golf balls. "We continue to face a challenging operating environment that requires us to make difficult decisions," said Daniel Smith, chief executive of Chelmsford-based Sycamore. (Boston Globe)
US stocks down, CCI surge prevents slide Apr 29, 2009
Fortune Brands Inc., a maker of consumer products including Jim Beam bourbon and Titleist golf balls, rose $1. 42, or 3. (The Star Online, Malaysia -- Business)
Requiem for a heavyweight Apr 28, 2009
General Mills sold it to Acushnet, maker of Titleist golf balls among other things, in 1985. Through both sales, Tarlow continued to oversee production and design of the shoes. (Boston Globe)
Pirates tip caps to fallen officers Apr 14, 2009
A golfing buddy of Officer Sciullo accented his tribute by placing a couple of Titleist golf balls at the display. The air was thick with sentiment well before the game. (Pittsburgh Post-Gazette, PA)
Jim Beam serves up new CEO Mar 17, 2009
The Deerfield-based conglomerate that makes Moen faucets and Titleist golf balls in addition to Jim Beam bourbon is hoping spirits growth this year will offset continuing declines in its home and golf businesses. Mr. Shattock served as London-based Cadburys president for Britain, Ireland, Middle East and Africa before being let go as part of a company restructuring announced in October. (Crain's Chicago Business)
Fortune Brands chief gets $8.3M in 2008 Mar 10, 2009
(AP) The president and chief executive officer of , which makes consumer products ranging from Jim Beam bourbon to Titleist golf equipment, received $8. 3 million in compensation in 2008, though much of it was in stock options that have lost much of their value. (Crain's Chicago Business)