Apparently Universal is in potential discussions to sell off some significant assets. Someone caught wind of this and they had to comment. At the same time someone called the whistleblower 800 number and reported some offshore malfeasance. The tip is being treated seriously and is being investigated. Stay tuned for more. There is always more. This is not a company that likes to talk about reality.
Universal Corp. (UVV) snuck out a suspiciously bland release last evening. They avoided a title and led the press release with heavy verbiage that puts you to sleep. The release piggybacked two events into one document; each event obscures the other. Also they released very late crossing the wire at approximately 17:32 ET.