Universal Corporation (NYSE: UVV) today announced that it has successfully completed its previously announced acquisition of FruitSmart, an independent specialty fruit and vegetable ingredient processor serving global markets. Universal funded the transaction with a combination of cash on hand and existing borrowing capacity. The acquisition provides Universal with a new growth opportunity in an adjacent industry and represents a foundational step in building a broader agri-products services platform. FruitSmart supplies a broad set of juices, concentrates, blends, purees, fibers, seed and seed powders, and other value-added products to food, beverage and flavor companies throughout the United States and internationally through value-added processing of various fruit and vegetable products. FruitSmart processes apples, grapes, blueberries, raspberries, cherries, blackberries, pears, cranberries and strawberries as well as other fruits and vegetables. The business is headquartered in the Yakima Valley of the state of Washington, where it has approximately 200 employees and two manufacturing facilities.

The most controversial movie of the year is ... “Trolls World Tour”? As innocuous as the rainbow-colored, music-blaring animated movie may seem, the digital release of the “Trolls” sequel has caused a storm to course through the movie industry. Just as the pandemic worsened and movie theaters were shuttering, Universal Pictures (UVV)  shifted the film’s release to video on demand, leading a charge straight through the theatrical window.

George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE:UVV), reported net income for the fiscal year ended March 31, 2020, of $71.7 million, or $2.86 per diluted share, compared with $104.1 million, or $4.11 per diluted share, for the prior fiscal year. Excluding restructuring and impairment costs and certain non-recurring items, detailed in Other Items below, net income and diluted earnings per share declined by $25.3 million and $0.96, respectively, for fiscal year 2020, compared to fiscal year 2019. Operating income of $126.4 million for the fiscal year ended March 31, 2020, decreased by $34.8 million, compared to operating income of $161.2 million for the fiscal year ended March 31, 2019.

Before we spend countless hours researching a company, we like to analyze what insiders, hedge funds and billionaire investors think of the stock first. This is a necessary first step in our investment process because our research has shown that the elite investors' consensus returns have been exceptional. In the following paragraphs, we find out […]

The Steve Carell/Rose Byrne political comedy will arrive on PVOD on June 26 while the Scott Eastwood/Orlando Bloom war actioner will get a one-night-only nationwide theatrical release.

Dividend investors usually focus on companies that have a long track record of increasing their dividends year after year. The companies with at least 25 years of consecutive dividend increases are especially favored by income oriented investors. This is actually not a bad idea as long as these companies continue to increase dividends. However, when […]

This was supposed to be one of this summer's adult-skewing counterprogramming comedies, but now it'll be another Universal flick to skip theaters and go to PVOD.

George Freeman became the CEO of Universal Corporation (NYSE:UVV) in 2008. This analysis aims first to contrast CEO...

If 'Scoob' performs on the level of 'Trolls: World Tour,' then we may see more kid-targeted animated features debuting on PVOD.

Dividend paying stocks like Universal Corporation (NYSE:UVV) tend to be popular with investors, and for good reason...

George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE:UVV), announced today that the Company's Board of Directors declared a quarterly dividend of seventy-six cents ($0.76) per share on the common shares of the Company, payable May 4, 2020, to common shareholders of record at the close of business on April 13, 2020.

As has been presumed for a while, Universal, Blumhouse and Platinum Dunes’ 'The Forever Purge' will no longer be opening in theaters on July 10 of this year.

The theatrical release, intended for October 15, 2021, was always just a glorified advertising campaign for 'Hamilton's debut as a Disney+ premiere.

In a world where Marvel and DC superhero movies will absolutely rule Hollywood, a top-tier mega-franchise like 'Jurassic World' is more valuable than ever to Universal.

Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down…

Universal Corporation (NYSE:UVV) Q4 2020 Earnings Conference Call May 27, 2020 5:00 PM ET Company Participants Candace Formacek – Vice President and Treasurer G

George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE:UVV), announced today that the Company's Board of Directors declared a quarterly dividend of seventy-seven cents ($0.77) per share on the common shares of the Company, payable August 3, 2020, to common shareholders of record at the close of business on July 13, 2020. This increase indicates an annualized rate of $3.08 per common share and a yield of approximately 7% based on the $44.35 closing price on May 26, 2020.

Universal Corporation (NYSE:UVV) will webcast its conference call on May 27, 2020, following the release of its results for fiscal year 2020 after market close on that date. The conference call will begin at 5:00 p.m. Eastern Time and will be hosted by Candace C. Formacek, Vice President and Treasurer.

RICHMOND, Va., May 27, 2020 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE:UVV), announced today that the Company's Board of Directors declared a quarterly dividend of seventy-seven cent…

How far off is Universal Corporation (NYSE:UVV) from its intrinsic value? Using the most recent financial data, we'll...

Since 'F9' was supposed to open this weekend, the Memorial Day holiday is as good a time as any to catch up with Netflix's surprisingly good 'Fast & Furious' animated series.

Tenet and Mulan may end up “taking one for the team,” earning less than the best-case-scenario box office in order to test the waters for big-scale theatrical moviegoing.

Buyers returned to tobacco stocks last week on hopes that smokeless products may offset declining cigarette volumes.

AMC has banned Universal films from its theaters over a dispute about the ‘Trolls’ movie release

Universal Corporation (NYSE: UVV) today announced that it has appointed J. Patrick O'Keefe as Senior Vice President of Universal Global Ventures, Inc., effective April 1, 2020. Universal Global Ventures, Inc. is a wholly-owned non-tobacco subsidiary of Universal Corporation that holds FruitSmart, Inc., Universal's recently acquired independent specialty fruit and vegetable ingredient processor serving global markets.

We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the m…

George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE:UVV), announced today that the Company's Board of Directors declared a quarterly dividend of seventy-seven cents ($0.77) per share on the common shares of …

Universal Corporation (NYSE: UVV) today announced the appointment of Jacqueline T. Williams to the Universal Corporation Board of Directors, effective April 1, 2020. With this appointment, the Universal Corporation Board expands to nine directors, eight of whom are independent.

Today we'll look at Universal Corporation (NYSE:UVV) and reflect on its potential as an investment. In particular...

Universal Corporation (NYSE:UVV) will webcast its conference call on May 27, 2020, following the release of its results for fiscal year 2020 after market close on that date. The conference call will begin at 5:00 p.m. Eastern Time and will be hosted by Candac…

Will the new coronavirus cause a recession in US in the next 6 months? On February 27th, we put the probability at 75% and we predicted that the market will decline by at least 20% in (Recession is Imminent: We Need A Travel Ban NOW). In these volatile market…

When Universal Corporation's (NYSE:UVV) announced its latest earnings (31 December 2019), I wanted to understand how...

George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE:UVV), reported net income for the fiscal year ended March 31, 2020, of $71.7 million, or $2.86 per diluted share, compared with $104.1 million, or $4.11 pe…

Six of the ten biggest Memorial Day weekend blockbusters are 'Star Wars' or 'Indiana Jones' movies. But what else makes up the biggest movies to open on this holiday weekend?

Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...

Universal Pictures new movie ‘Dolittle’ received worse reviews than the movie ‘Cats’. Yahoo Finance’s On The Move panel discusses.

The latest charts from the Digital Entertainment Group (which tracks non-theatrical movie consumption) implies that 'Bloodshot' was last weekend's most-watched movie.

WWE Money in the Bank 2020 marked another big victory for Drew McIntyre, whose win over Seth Rollins continued his streak of dominance. Will it ultimately backfire?

George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE: UVV), reported net income for the nine months ended December 31, 2019, of $56.1 million, or $2.23 per diluted share, compared with $72.8 million, or $2.87 per diluted share, for the same period of the prior fiscal year. Excluding certain non-recurring items, detailed in Other Items below, net income and diluted earnings per share declined by $20.0 million and $0.78, respectively, for the nine months ended December 31, 2019, compared to the same period of the prior year. Operating income of $94.8 million for the nine months ended December 31, 2019, decreased by $5.6 million, compared to operating income of $100.4 million for the nine months ended December 31, 2018.

Q3 2020 Universal Corp Earnings Call