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Stock Market & Financial Investment News

News Breaks
January 16, 2014
08:31 EDTBEAM, CCEBeam downgraded to Sell from Hold at Argus
Argus downgraded Beam (BEAM) after Suntory Holdings offered to acquire the company for $83.50 per share, or $16 B. The firm does not expect Beam to rise significantly higher, and recommends that investors sell their shares and buy Coca-Cola Enterprises (CCE).
News For BEAM;CCE From The Last 14 Days
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July 29, 2014
13:34 EDTCCECoca-Cola Enterprises price target raised to $56 from $52 at Argus
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July 24, 2014
07:42 EDTCCECoca-Cola Enterprises sees FY14 EPS growth approx. 10%, consensus $2.91
Sees FY14 net sales growth in the low single digit range, consensus $8.68B. Sees operating income growth in a mid-single-digit range. This guidance is comparable and currency-neutral. Based on recent rates, currency translation would benefit full-year 2014 earnings per diluted share by slightly more than 5 percent. The company continues to expect 2014 free cash flow of approximately $650 million. Capital expenditures are expected to be approximately $350 million. Weighted-average cost of debt is expected to be approximately 3 percent and the comparable effective tax rate for 2014 is expected to be in a range of 26 percent to 28 percent.
07:41 EDTCCECoca-Cola Enterprises affirms FY guidance
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07:41 EDTCCECoca-Cola Enterprises reports Q2 comparable EPS 90c, consensus 88c
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July 17, 2014
08:17 EDTCCECoca-Cola Enterprises price target raised to $54 from $50 at Goldman
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