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Stock Market & Financial Investment News

News Breaks
July 16, 2014
18:03 EDTCRM, CCECoca-Cola Enterprises may diversify into IT applications, WSJ says
Coca-Cola Enterprises (CCE) is planning on selling information products that it has developed for its internal use, says the Wall Street Journal. Coca-Cola Enterprises is developing an application on a Salesforce.com (CRM) platform that it may begin selling this year or next, added the Wall Street Journal. Reference Link
News For CCE;CRM From The Last 14 Days
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January 26, 2015
09:56 EDTCCEBofA/Merrill food/beverages analysts to hold an analyst/industry conference call
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January 23, 2015
10:02 EDTCRMOn the Fly: Analyst Initiation Summary
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January 22, 2015
16:27 EDTCRMSalesforce.com initiated with an Outperform at Cowen
Target $73.
January 20, 2015
07:15 EDTCRMSAP not interested in buying competitors Workday, Salesforce, Bloomberg reports
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January 15, 2015
10:37 EDTCCEKraft rises after Goldman gets less cautious on food space, ups stock to buy
Shares of Kraft Foods (KRFT) are climbing after Goldman Sachs upgraded the stock to Buy and placed the shares on its Conviction List. WHAT'S NEW: Costs for food makers are declining as commodity prices drop, Goldman Sachs analyst Judy Hong wrote in a note to investors today. Kraft is among the U.S. food companies that benefits the most from lower costs, the analyst stated. Additionally, Kraft's pricing power is one of the strongest in the group and it is heavily exposed to the U.S. economy, the analyst stated. WHAT'S NOTABLE: Hong's upgrade of Kraft was part of a note in which she took a more balanced view of the U.S. consumer staples sector. The analyst upgraded the Food sector to Neutral from Cautious, noting that consumer staples stocks with outsized exposure to the U.S. market should be boosted by strong U.S. growth and more favorable foreign exchange dynamics than their peers. In addition to Kraft, the analyst identified the following stocks as her top picks within the consumer staples sector: Monster Beverage (MNST), Constellation Brands (STZ), Coca-Cola Enterprises (CCE), Keurig Green Mountain (GMCR), Freshpet (FRPT), Mead Johnson (MJN), and Estee Lauder (EL). Goldman also upgraded Hershey (HSY), Dr. Pepper Snapple (DPS), and Clorox (CLX), all to Neutral from Sell, downgraded cigarette maker Philip Morris (PM) to Sell from Neutral and downgraded brewer Molson Coors (TAP) to Neutral from Buy. PRICE ACTION: In early trading, Kraft climbed 3.7% to $65 per share.
January 13, 2015
07:47 EDTCRMUBS to hold investor trip
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