Hot Watch List: Elizabeth Arden (NASDAQ:RDEN), Pinnacle Foods Inc (NYSE:PF), AT&T Inc. (NYSE:T), International Business Machines Corp. (NYSE:IBM)
Elizabeth Arden, Inc. (NASDAQ:RDEN) said its board is exploring strategic alternatives as the beauty-products company reported a wider fiscal third-quarter loss. The company said that it has enlisted Goldman Sachs & Co to help its board look for potential strategic alternatives to enhance shareholder value, while also adding that it is implementing a broad restructuring and cost-savings program focused on reducing overhead structure and improving … Continue reading Hot Watch List: Elizabeth Arden (NASDAQ:RDEN), Pinnacle Foods Inc (NYSE:PF), AT&T Inc. (NYSE:T), International Business Machines Corp. (NYSE:IBM)