Saintsreport.com Forums
home Steve Gleasons Website
Saints Report News Saints Super Forum Everything Else Board Political Discussion Board Fantasy Football Board Tech Board SaintsReport Affiliate Merchandise Gameday Board Behind the Levee New Orleans Hornets Board Twitter Outdoor Boards Video Games Board Smack Board Music Board College Sports Board SR Live Chat Room Contribute to our site costs Become a subscribing SR member

Do you want to remove the ads? Support the site by becoming a subscribing member.


Go Back   New Orleans Saints - Saints Report - Message Boards > GENERAL > Everything Else Board


reply
 
Thread Tools Display Modes
Old 06-04-2008, 10:01 AM   #16
rstrauss33
ALL-MADDEN TEAM
 
rstrauss33's Avatar
 
Join Date: Oct 2006
Location: Hoboken, NJ (formerly NO)
Age: 37
Posts: 2,448
rstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famer
rstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famer
Quote:
Originally Posted by superchuck500 View Post
You don't necessarily have to increase economies of scale to make an acquisition. They simply may have reviewed the company's financials, evaluated the market, and found it attractive for whatever reason. Maybe they saw inefficiencies in the management or structuring - and believe they can make improvements. It may not really matter that the products aren' that similar.
I'm sure that's what they saw and usually it's called "diworsification." Unless you're a holding company like say Berkshire Hathaway that's really equipped for this sort of thing it's usually a very bad move. I doubt they're equipped to provide superior management. Most likely they had extra cash and saw something they thought was interesting. Great for upper management (entrenchment) but not so great for shareholders.
rstrauss33 is offline Reply With Quote


Did you find this post useful? Yes | No
Old 06-04-2008, 10:06 AM   #17
superchuck500
in the upside-down

 
superchuck500's Avatar
 
Join Date: Aug 2004
Location: Mt. Pleasant, SC
Age: 45
Posts: 38,056
superchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Member
superchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Member

Awards Showcase
Outstanding Community Service Award 
Total Awards: 1

Quote:
Originally Posted by rstrauss33 View Post
I'm sure that's what they saw and usually it's called "diworsification." Unless you're a holding company like say Berkshire Hathaway that's really equipped for this sort of thing it's usually a very bad move. I doubt they're equipped to provide superior management. Most likely they had extra cash and saw something they thought was interesting. Great for upper management (entrenchment) but not so great for shareholders.
Fair enough. But it isn't like coffee and jelly are as different as health insurance and skateboards.

I guess only time will tell. I think I had stock in Smuckers a long time ago. Grandmother bought it for me. Long since sold it.
superchuck500 is offline Reply With Quote


Did you find this post useful? Yes | No
Old 06-04-2008, 10:08 AM   #18
Doobsdemons
No White Flags
 
Doobsdemons's Avatar
 
Join Date: Mar 2004
Location: Metairie, Louisiana
Age: 51
Posts: 7,018
Doobsdemons is a future SR.com Hall of FamerDoobsdemons is a future SR.com Hall of FamerDoobsdemons is a future SR.com Hall of FamerDoobsdemons is a future SR.com Hall of Famer
Doobsdemons is a future SR.com Hall of FamerDoobsdemons is a future SR.com Hall of FamerDoobsdemons is a future SR.com Hall of FamerDoobsdemons is a future SR.com Hall of FamerDoobsdemons is a future SR.com Hall of FamerDoobsdemons is a future SR.com Hall of FamerDoobsdemons is a future SR.com Hall of FamerDoobsdemons is a future SR.com Hall of FamerDoobsdemons is a future SR.com Hall of FamerDoobsdemons is a future SR.com Hall of FamerDoobsdemons is a future SR.com Hall of FamerDoobsdemons is a future SR.com Hall of Famer
Thread Starter
Folgers has $1.6 Billion in annual sales, the number one coffee producer in America. And it's a food and beverage company, like Smuckers, Crisco, Jif e al. That's why the merge.

Ageed to an earlier post Community>Folgers
__________________
I am not questioning your honor, I am denying its existence

Doobs
Doobsdemons is offline Reply With Quote


Did you find this post useful? Yes | No
Old 06-04-2008, 10:15 AM   #19
keefresh2
on my own ignore list
 
keefresh2's Avatar
 
Join Date: Oct 2004
Location: Your Outside ACL
Posts: 9,090
keefresh2 Prestigious Gold Club Memberkeefresh2 Prestigious Gold Club Memberkeefresh2 Prestigious Gold Club Memberkeefresh2 Prestigious Gold Club Memberkeefresh2 Prestigious Gold Club Member
keefresh2 Prestigious Gold Club Memberkeefresh2 Prestigious Gold Club Memberkeefresh2 Prestigious Gold Club Memberkeefresh2 Prestigious Gold Club Memberkeefresh2 Prestigious Gold Club Memberkeefresh2 Prestigious Gold Club Memberkeefresh2 Prestigious Gold Club Memberkeefresh2 Prestigious Gold Club Member
Quote:
Originally Posted by superchuck500 View Post
Hey - you got coffee in my jelly!

You got jelly in my coffee!




Now two great tastes - together at last!
Showing your age there, chuck.
__________________
Thiss sentence contains threee errors.
keefresh2 is offline Reply With Quote


Did you find this post useful? Yes | No
Old 06-04-2008, 10:16 AM   #20
rstrauss33
ALL-MADDEN TEAM
 
rstrauss33's Avatar
 
Join Date: Oct 2006
Location: Hoboken, NJ (formerly NO)
Age: 37
Posts: 2,448
rstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famer
rstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famer
Quote:
Originally Posted by superchuck500 View Post
Fair enough. But it isn't like coffee and jelly are as different as health insurance and skateboards.

I guess only time will tell. I think I had stock in Smuckers a long time ago. Grandmother bought it for me. Long since sold it.
True enough. Smuckers is up a bit today so the market atleast seems to think it's an ok move. I'll admit I'm not up to speed on Smucker or Folgers as corporations so I was talking very generally.

It's just funny that companies like Cambell's soup owns Godiva.
rstrauss33 is offline Reply With Quote


Did you find this post useful? Yes | No
Old 06-04-2008, 10:18 AM   #21
SoggyBottomBoy
I'm with you fellers.

 
SoggyBottomBoy's Avatar
 
Join Date: Apr 2002
Location: Carencro, LA
Posts: 13,991
SoggyBottomBoy Prestigious Platinum Club MemberSoggyBottomBoy Prestigious Platinum Club MemberSoggyBottomBoy Prestigious Platinum Club Member
SoggyBottomBoy Prestigious Platinum Club MemberSoggyBottomBoy Prestigious Platinum Club MemberSoggyBottomBoy Prestigious Platinum Club MemberSoggyBottomBoy Prestigious Platinum Club MemberSoggyBottomBoy Prestigious Platinum Club MemberSoggyBottomBoy Prestigious Platinum Club MemberSoggyBottomBoy Prestigious Platinum Club MemberSoggyBottomBoy Prestigious Platinum Club MemberSoggyBottomBoy Prestigious Platinum Club MemberSoggyBottomBoy Prestigious Platinum Club MemberSoggyBottomBoy Prestigious Platinum Club Member
Quote:
Originally Posted by CT Saints Fan View Post
I sure hope they name it Smolgers.


Seriously, I hope that it works out for you.
Well played. I actually that it was a joke thread. The punch line was too easy.
__________________
Formerly A Fan of Constant Sorrow.

The league picks a preferred result and works backward to justify it. - Drew Brees
SoggyBottomBoy is offline Reply With Quote


Did you find this post useful? Yes | No
Old 06-04-2008, 11:00 AM   #22
superchuck500
in the upside-down

 
superchuck500's Avatar
 
Join Date: Aug 2004
Location: Mt. Pleasant, SC
Age: 45
Posts: 38,056
superchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Member
superchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Membersuperchuck500 Rediculously Popular Member

Awards Showcase
Outstanding Community Service Award 
Total Awards: 1

Quote:
Originally Posted by keefresh2 View Post
Showing your age there, chuck.
Haha. I'm glad somebody caught that!
superchuck500 is offline Reply With Quote


Did you find this post useful? Yes | No
Old 06-04-2008, 11:09 AM   #23
CT Saints Fan
More than 15K posts served!
 
CT Saints Fan's Avatar
 
Join Date: May 2002
Location: Texas - via Metairie, Houston, Virginia, & Connecticut
Age: 51
Posts: 28,644
CT Saints Fan is a future SR.com Hall of FamerCT Saints Fan is a future SR.com Hall of FamerCT Saints Fan is a future SR.com Hall of FamerCT Saints Fan is a future SR.com Hall of Famer
CT Saints Fan is a future SR.com Hall of FamerCT Saints Fan is a future SR.com Hall of FamerCT Saints Fan is a future SR.com Hall of FamerCT Saints Fan is a future SR.com Hall of FamerCT Saints Fan is a future SR.com Hall of FamerCT Saints Fan is a future SR.com Hall of Famer
Quote:
Originally Posted by rstrauss33 View Post
It's just funny that companies like Cambell's soup owns Godiva.
Nothing funny about it at all. Same reasons as I said before. The same buyers so you already know how what and why they buy, and you know where they buy, and you can sell more stuff to the same buyers with very little extra effort. That leads to greater efficiencies, and greater revenue, and greater profits.
__________________
Common Errors in English
CT Saints Fan is offline Reply With Quote


Did you find this post useful? Yes | No
Old 06-04-2008, 11:10 AM   #24
Jai Five
Administrator Emeritus
 
Jai Five's Avatar
 
Join Date: Aug 1997
Location: Lafayette, La
Posts: 7,035
Jai Five 40K Burger ClubJai Five 40K Burger ClubJai Five 40K Burger ClubJai Five 40K Burger ClubJai Five 40K Burger ClubJai Five 40K Burger ClubJai Five 40K Burger Club
Jai Five 40K Burger ClubJai Five 40K Burger ClubJai Five 40K Burger ClubJai Five 40K Burger ClubJai Five 40K Burger ClubJai Five 40K Burger ClubJai Five 40K Burger ClubJai Five 40K Burger Club
For someone who has much invested into P&G stock, the sale of Folgers to Smuckers is 'icing on the cake' (or in NO terms: jelly on duh toast braid).
Jai Five is offline Reply With Quote


Did you find this post useful? Yes | No
Old 06-04-2008, 11:50 AM   #25
rstrauss33
ALL-MADDEN TEAM
 
rstrauss33's Avatar
 
Join Date: Oct 2006
Location: Hoboken, NJ (formerly NO)
Age: 37
Posts: 2,448
rstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famer
rstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famer
Quote:
Originally Posted by CT Saints Fan View Post
Nothing funny about it at all. Same reasons as I said before. The same buyers so you already know how what and why they buy, and you know where they buy, and you can sell more stuff to the same buyers with very little extra effort. That leads to greater efficiencies, and greater revenue, and greater profits.
I can give you many examples of this not being true. Better efficiencies revenue and profits for management- not the shareholders.

What efficiencies do you see with Cambell's and Godiva? Different customer base, different sales distributions, etc. They seem to agree since they're finally trying to sell it. You see so many of examples of companies acquiring others and then either A) writing down the investment or B) spinning it off again (usually under different management.)
rstrauss33 is offline Reply With Quote


Did you find this post useful? Yes | No
Old 06-04-2008, 12:00 PM   #26
st. dave
All-Pro
 
st. dave's Avatar
 
Join Date: Jul 2001
Location: New Orleans
Age: 59
Posts: 1,301
st. dave is a splendid one to beholdst. dave is a splendid one to beholdst. dave is a splendid one to behold
st. dave is a splendid one to beholdst. dave is a splendid one to beholdst. dave is a splendid one to beholdst. dave is a splendid one to beholdst. dave is a splendid one to beholdst. dave is a splendid one to beholdst. dave is a splendid one to beholdst. dave is a splendid one to beholdst. dave is a splendid one to beholdst. dave is a splendid one to beholdst. dave is a splendid one to beholdst. dave is a splendid one to behold
Here in New Orleans, they have a Folger's plant on Jourdan Road. On some evenings, I would be on the High-rise and you could smell the coffee aroma from the plant. Sure hope they don't close the plant down as a part of the corporate reorganization.

st. dave
st. dave is offline Reply With Quote


Did you find this post useful? Yes | No
Old 06-04-2008, 12:59 PM   #27
Doobsdemons
No White Flags
 
Doobsdemons's Avatar
 
Join Date: Mar 2004
Location: Metairie, Louisiana
Age: 51
Posts: 7,018
Doobsdemons is a future SR.com Hall of FamerDoobsdemons is a future SR.com Hall of FamerDoobsdemons is a future SR.com Hall of FamerDoobsdemons is a future SR.com Hall of Famer
Doobsdemons is a future SR.com Hall of FamerDoobsdemons is a future SR.com Hall of FamerDoobsdemons is a future SR.com Hall of FamerDoobsdemons is a future SR.com Hall of FamerDoobsdemons is a future SR.com Hall of FamerDoobsdemons is a future SR.com Hall of FamerDoobsdemons is a future SR.com Hall of FamerDoobsdemons is a future SR.com Hall of FamerDoobsdemons is a future SR.com Hall of FamerDoobsdemons is a future SR.com Hall of FamerDoobsdemons is a future SR.com Hall of FamerDoobsdemons is a future SR.com Hall of Famer
Thread Starter
Quote:
Originally Posted by st. dave View Post
Here in New Orleans, they have a Folger's plant on Jourdan Road. On some evenings, I would be on the High-rise and you could smell the coffee aroma from the plant. Sure hope they don't close the plant down as a part of the corporate reorganization.

st. dave

That one is the Specialty plant. They make the Dunkin Donut coffee and the flavored coffee. At my plant on Michoud we make Columbian, Red , French Roast etc.
__________________
I am not questioning your honor, I am denying its existence

Doobs
Doobsdemons is offline Reply With Quote


Did you find this post useful? Yes | No
Old 06-04-2008, 02:42 PM   #28
rstrauss33
ALL-MADDEN TEAM
 
rstrauss33's Avatar
 
Join Date: Oct 2006
Location: Hoboken, NJ (formerly NO)
Age: 37
Posts: 2,448
rstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famer
rstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famerrstrauss33 is a future SR.com Hall of Famer
If Smuckers thought this was such a great deal I wonder why they didn't pay with cash. They're giving away upside by doing an all stock deal.
rstrauss33 is offline Reply With Quote


Did you find this post useful? Yes | No
Old 06-04-2008, 03:12 PM   #29
RSF
Very Banned
 
Join Date: Jul 2001
Posts: 3,388
RSF is on a distinguished roadRSF is on a distinguished roadRSF is on a distinguished roadRSF is on a distinguished roadRSF is on a distinguished roadRSF is on a distinguished road
Richard Smucker is President, Co-CEO, and CFO of The J. M. Smucker Company.
RSF is offline Reply With Quote


Did you find this post useful? Yes | No
Old 06-04-2008, 03:15 PM   #30
Mr. Blue Sky
Still P***ed at Yoko
 
Mr. Blue Sky's Avatar
 
Join Date: Jun 2006
Location: Between the Moon and New York City
Posts: 21,327
Mr. Blue Sky Prestigious Gold Club MemberMr. Blue Sky Prestigious Gold Club MemberMr. Blue Sky Prestigious Gold Club MemberMr. Blue Sky Prestigious Gold Club Member
Mr. Blue Sky Prestigious Gold Club MemberMr. Blue Sky Prestigious Gold Club MemberMr. Blue Sky Prestigious Gold Club MemberMr. Blue Sky Prestigious Gold Club Member
Quote:
Originally Posted by Doobsdemons View Post
That one is the Specialty plant. They make the Dunkin Donut coffee and the flavored coffee. At my plant on Michoud we make Columbian, Red , French Roast etc.

they make Dunkin Donuts coffee in New Orleans?? Funny, when I lived in California i used to order DD coffee from the East Coast because there are no Dunkin Donuts on the West Coast, and I love their coffee. I had no idea it was made in NOLA.
Mr. Blue Sky is offline Reply With Quote


Did you find this post useful? Yes | No
reply


Thread Tools
Display Modes

Forum Jump


All times are GMT -5. The time now is 08:46 AM.



Saintsreport.com - New Orleans Saints News, Info & Community! All marks, logos and images related to the Saints are the property of the New Orleans Saints, the NFL and NFL Properties. We are in no way affiliated with the New Orleans Saints or the NFL. All commentary and original artwork, 1997-2016 SaintsReport.com, owned and operated by Andrus Whitewing, DBA Saints Report,LLC. All rights reserved. Copying of original columns prohibited without a return link and credit given. Teasing articles is ok.



Some of the Photos and pictures used throughout the site are copyright Michael C. Hebert and are used with the permission of Michael C. Hebert and the New Orleans Saints.