Updating MCCORMICK & CO. INC., CEDAR FAIR L.P. and WASHINGTON FEDERAL INC.

Article Excerpt

MCCORMICK & CO. INC. $40 has agreed to buy 26% of Eastern Condiments Private Ltd., a leading maker of spices and seasonings in India. The deal should close by the end of 2010. McCormick is paying $35 million for this stake; it earned $66.2 million, or $0.49 a share, in the three months ended May 31, 2010. India is the world’s largest spice consumer, and this investment should help McCormick increase its sales in the country. Buy. CEDAR FAIR L.P. $11 earned $0.09 a unit in the three months ended June 27, 2010. This figure excludes one-time costs related to a failed takeover of the amusement-park operator by a private equity fund. The latest earnings are down 30.8% from $0.13 a share a year earlier. Revenue rose 4.3%, to $275.6 million from $264.1 million. Attendance rose 7% in the first half of 2010. Hold. WASHINGTON FEDERAL INC. $14 earned $12.7 million in its third quarter, which ended June 30, 2010. That’s up…