Source: Business Week 7/27/2006
Taste of Home Entertaining in the News
Shares finished at $13.81 on July 26, up 5.2% from a 52-week low touched on June 13. Still, some analysts spot few factors likely to improve the stock price further, particularly as Reader's Digest's full-year earnings tend to be weighed toward December-quarter results. "We do not see a catalyst for [the] shares near term, given its seasonality and general economic concerns," Merrill Lynch analyst Karl Choi wrote in a July 10 report. Choi has a neutral recommendation on the stock. (Merrill owns 1% or more of Reader's Digest stock and makes a market in the securities.)
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...Silke, a stay-at-home mom, was looking for something to get her out of the house. When her friend told her about Taste of Home Entertaining, she found a way to bake her cake, serve it to friends and eat some, too.Taste of Home Entertaining Inc. is a direct sales company that offers kitchen gad... Read More...
