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Stock Market & Financial Investment News

News Breaks
April 10, 2014
09:09 EDTBK, PEPBNY Mellon appoints Monique Herena as Chief Human Resources Officer
BNY Mellon (BK) has appointed Monique Herena senior executive VP and chief human resources officer for the company, effective April 28. Herena will report to CEO Gerald L. Hassell and serve on the Executive Committee, succeeding Lisa Peters, who is retiring after 32 years with the company. Herena joins BNY Mellon from PepsiCo (PEP) where she had an equivalent position.
News For BK;PEP From The Last 14 Days
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September 16, 2014
17:14 EDTPEPPepsiCo, Molson Coors still look inexpensive, Barron's says
PepsiCo (PEP) and Molson Coors (TAP) both look enticing and look ready to head higher, Barron's argues in its 'Barron's Take' column. Both companies look inexpensive, when you consider growth prospects and their reasonable valuations, the paper adds. Reference Link
09:59 EDTPEPOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: ACI Worldwide (ACIW) initiated with a Neutral at Sterne Agee... ADP (ADP) initiated with a Market Perform at Bernstein... ANSYS (ANSS) initiated with a Sector Perform at RBC Capital... Accenture (ACN) initiated with a Market Perform at Bernstein... Blackhawk (HAWK) initiated with a Neutral at Sterne Agee... Coca-Cola (KO) initiated with a Market Perform at Cowen... Cognizant (CTSH) initiated with an Outperform at Bernstein... Constellation Brands (STZ) initiated with a Market Perform at Cowen... Dr Pepper Snapple (DPS) initiated with a Market Perform at Cowen... GenCorp (GY) initiated with a Hold at KeyBanc... Global Payments (GPN) initiated with a Neutral at Piper Jaffray... GoPro (GPRO) initiated with a Buy at Cleveland Research... Green Dot (GDOT) initiated with a Neutral at Sterne Agee... Lionsgate (LGF) initiated with a Buy at ISI Group... MEDNAX (MD) initiated with a Neutral at SunTrust... MasterCard (MA) initiated with a Buy at Sterne Agee... Molson Coors (TAP) initiated with an Outperform at Cowen... Monster Beverage (MNST) initiated with a Market Perform at Cowen... NetSuite (N) initiated with an Outperform at RBC Capital... Oracle (ORCL) assumed with a Sector Perform at RBC Capital... PepsiCo (PEP) initiated with an Outperform at Cowen... SAP (SAP) initiated with a Sector Perform at RBC Capital... Teekay (TK) initiated with a Hold at Deutsche Bank... Tesla (TSLA) initiated with a Buy at ISI Group... Visa (V) initiated with a Buy at Sterne Agee... Western Union (WU) initiated with a Neutral at Sterne Agee... Workday (WDAY) initiated with an Outperform at RBC Capital... Yelp (YELP) initiated with a Neutral at RW Baird... Zillow (Z) initiated with an Overweight at Stephens... zulily (ZU) initiated with an Outperform at RW Baird.
September 15, 2014
16:16 EDTPEPPepsiCo initiated with an Outperform at Cowen
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September 9, 2014
09:16 EDTBKBNY Mellon says 'strategically well positioned' for outperformance
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September 3, 2014
09:36 EDTPEPPepsiCo says 'not where we want to be' in North America beverages
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September 2, 2014
17:15 EDTPEPPepsiCo backs FY14 constant currency EPS growth guidance of 8%
In advance of the Barclays Back-to-School Consumer Conference in Boston, Massachusetts, PepsiCo stated that, consistent with its previous guidance for FY14, PepsiCo expects 8% core constant currency EPS growth in FY14 versus its FY13 core EPS of $4.37. Based on the current foreign exchange market consensus, PepsiCo currently expects that foreign exchange translation will have an unfavorable impact of approximately 4% points on its full-year core EPS growth in 2014. Excluding the impact of structural changes and foreign exchange translation, organic revenue in 2014 is expected to grow mid-single digits versus 2013, consistent with PepsiCo’s long-term target. Based on the current foreign exchange market consensus, PepsiCo currently expects foreign exchange translation to have an unfavorable impact of approximately 3 percentage points on its full-year net revenue growth in 2014.
10:09 EDTPEPStudy finds adverse heart events associated with energy drinks, ScienceWR says
A study presented at the European Society of Cardiology congress concluded that caffeinated energy drinks can be associated with several adverse heart conditions including angina, cardiac arrhythmia and sudden death, reported Science World Report. Monster Beverage (MNST) markets energy drinks and recently struck a deal to acquire additional energy drink brands from Coca-Cola (KO). PepsiCo also markets energy drinks. Reference Link

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