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Energizer Holdings (ENR) owns two of the world's great brands: Energizer and Schick. Presently, about 70 percent of the provider's earnings come from the battery business and 30 percent come from the razor and blades business. International earnings (from the businesses) account for almost exactly half of all sales. Energizer's acquisition of Schick was a steal. Back in 2003, the business bought Schick - Wilkinson Sword from Pfizer (PFE) for just under $1 billion. Schick contributed just under......Read More
Because the state of Oklahoma "Botched" its execution of Clayton Lockett last week, the media have turned their merry attentions to the death penalty - mostly in a tone of voice which could best be described as censorious. This site, in turn, has pushed back against the urge, Dennis Prager asking rhetorically whether "The side that cannot muster outrage over murder victims" is "Really the one with a heart," John Lott Jr. Doing an admirable job questioning some of the sloppy thinking on the......Read More
Tomorrow, six prisoners will be executed by a firing squad in Indonesia. The passing of these four guys and two women are going to be a metric of the fate that expects two Australians, Myuran Sukumaran and Andrew Chan, members of the Bali nine group of drug smugglers. "What use will performing us be?" Sukumaran explained this month after he was advised in writing that Indonesia's President, Joko Widodo, had refused his appeal. Sukumaran admits his role from the 2005 storyline to smuggle 8.2......Read More
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