Wednesday, February 22, 2006

The Playboy bunny is hot money, honey

Playboy, the legendary publisher of uh, adult-themed magazines, reported its fourth-quarter results Tuesday and there are several easy jokes we could make about the fact that the numbers were released on Valentine's Day.
But we're above that. Really. After all, why go lowbrow when discussing a company that's actually been a star performer in an underperforming sector?
Playboy's stock jumped 13 percent in 2005, a more than respectable performance for a media company, particularly one with strong ties to the struggling publishing business.
What's more, the company raised its earnings guidance for 2006 Tuesday, sending Playboy (Research) shares up nearly 9 percent in early trading.
And several analysts interviewed recently think there's more love to go around for Playboy investors.
source: money.cnn.com

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