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Stock Market & Financial Investment News

News For DF;K;GIS;SBUX;GMCR From The Last 14 Days
Check below for free stories on DF;K;GIS;SBUX;GMCR the last two weeks.
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July 28, 2014
06:23 EDTSBUXHusi Shanghai withdraws products from marketplace
OSI Group, the parent company of Husi Shanghai issued a statement on its website saying that it is withdrawing all products manufactured by Husi from the marketplace. The company said, "To help rebuild the trust of our customers and consumers, as well as to cooperate with the official investigatory process, we are compelled to withdraw all products manufactured by Shanghai Husi from the marketplace. We are also conducting a thorough internal investigation into any possible failures on the part of current and former senior management. Should any misconduct be uncovered, we will take swift and decisive action against those responsible, including all relevant disciplinary and/or legal measures. In addition, a new management team has been brought in to China to ensure that operations run effectively. OSI will conduct a full, fair, and comprehensive investigation on managers at all levels for evidence of management failures. In the meantime, our local operations will be managed by global management in accordance with global standards of quality management. We remain committed to our presence in China and have sent our best team of global experts to ensure we resolve this. We are very proud of our team members and our operations in other parts of China. It reinforces our confidence and commitment to China. We have a great deal yet to deliver to China. World-wide brands such as Yum! Brands' (YUM) KFC, McDonald's (MCD) and Starbucks (SBUX) were affected by the food scandal in the country after allegations arose speculating that Husi Shanghai supplied expired meat to the companies. Reference Link
06:16 EDTSBUXOSI Group CEO says China food scandal 'completely unacceptable'
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July 25, 2014
16:49 EDTSBUXS&P ends week little changed amid earnings deluge
The S&P 500 finished little changed this week as mixed U.S. economic data and continued geopolitical uncertainty offset strong earnings from a number of major companies and upbeat overseas economic data. MACRO NEWS: U.S. economic data was mixed, as fewer than expected jobless claims were reported and durable goods orders for June were slightly higher than expected, but new home sales for June and a preliminary purchasing managers' index for July came in below expectations... Investors received some positive economic news from overseas, as HSBC's preliminary China purchasing managers' index for July reached an 18-month high. Meanwhile, a preliminary PMI for the euro zone for July came in at 54, versus 52.8 in June... Ongoing conflicts between Israel and Hamas and Russia and Ukraine kept investors on edge, with Friday reports indicating that no truce accord had been reached in Israel and that Russia was building up its troop presence along the Ukrainian border. COMPANY NEWS: Among the notable companies whose stocks rose after they reported quarterly results were Facebook (FB), Apple (AAPL), Allergan (AGN) and Chipotle Mexican Grill (CMG). Notable companies whose stocks sold off following their results included Netflix (NFLX), Harley-Davidson (HOG), General Motors (GM), Boeing (BA), McDonald's (MCD) and Pandora (P)... McDonald's was also hit this week by revelations that its restaurants in China had sold expired meat that was allegedly intentionally supplied by a China-based company. Yum! Brands (YUM) and a provider of products to Starbucks (SBUX) are also believed to have bought and sold expired meat from the supplier... In M&A news, Bloomberg reported that real estate website operator Zillow (Z) held talks about buying its rival, Trulia (TRLA). Both stocks surged. Shares of SodaStream (SODA) also rallied after Bloomberg reported that the company is in talks about selling itself to an investment firm that would take the beverage system maker private... On Monday, hedge fund manager Bill Ackman promised on CNBC that his presentation about Herbalife (HLF) would show why the company "is going to collapse." But the shares actually surged higher during and immediately after Ackman's presentation. Ackman has a large short position in the stock and notably alleged it is a pyramid scheme... BlackBerry's (BBRY) CEO told the Financial Times that his company was in early talks about partnering with companies to target the enterprise markets, in order to counter a recently announced partnership between Apple and IBM (IBM). INDEXES: For the week, the Dow fell 0.83% to 16,960.57, the Nasdaq rose 0.4% to 4,449.56, and the S&P was flat at 1,978.34.
13:17 EDTKKellogg increases dividend by 6.5% to 49c
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12:18 EDTGMCRGreenlight discloses short positions in Safeway, Questcor, Bloomberg says
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09:52 EDTSBUXStarbucks CEO says China business in 'infant' stages
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09:47 EDTSBUXStarbucks CEO says no change 'whatsoever' to guidance due to coffee prices
Schultz says he cannot understand why concerns over coffee prices continue to be pointed to as an issue for the company. Starbucks CEO Howard Schultz is speaking on CNBC.
07:40 EDTSBUXStarbucks weakness would be buying opportunity, says UBS
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05:53 EDTSBUXStarbucks price target raised to $88 from $84 at Jefferies
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July 24, 2014
18:10 EDTSBUXStarbucks says China now approaching 1,300 stores
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16:15 EDTSBUXStarbucks sees Q4 adjusted EPS 73c-75c, consensus 74c
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16:13 EDTSBUXStarbucks sees FY14 operating margin up 200 bps over FY13
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16:12 EDTSBUXStarbucks reports Q3 operating margin up 200bps to 18.5%
Primarily driven by sales leverage. The company opened 344 net new stores globally, ending the quarter with 20,863 stores across 64 countries.
16:11 EDTSBUXStarbucks sees FY15 adjusted EPS growth of 15%-20% over FY14
FY15 consensus $3.16. Sees FY15 revenue growth of 10% or greater, consensus $18.25B. Sees FY15 Global comparable store sales growth in the mid single digits. Sees FY15 additional 1,600 net new stores globally.
16:09 EDTSBUXStarbucks sees FY14 net new stores approximately 1,550
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16:08 EDTSBUXStarbucks sees FY14 EPS $2.70-$2.72, consensus $2.67
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16:08 EDTSBUXStarbucks sees Q4 EPS 76c-78c, consensus 74c
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16:06 EDTSBUXStarbucks reports Q3 EPS 67c, consensus 66c
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15:29 EDTSBUXNotable companies reporting after market close
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13:53 EDTSBUXStarbucks July weekly 80 straddle priced for 3.4% move into Q3
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12:56 EDTSBUXEarnings Preview: Starbucks sees FY14 EPS up 20%-22%
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12:30 EDTSBUXStarbucks technical notes ahead of earnings
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11:24 EDTSBUXStarbucks July weekly volatility increases into Q3 and outlook
Starbucks July weekly call option implied volatility is at 85, August is at 23, October and January is at 18; compared to its 26-week average of 22 according to Track Data, suggesting larger near term price movement into the expected release of Q3 results today after the market close.
09:34 EDTGMCRRumor: Keurig Green Mountain weakness attibuted to weak IRI data
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06:51 EDTSBUXChina investigates 581 companies, restaurants as scandal broadens, Reuters says
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July 23, 2014
18:25 EDTSBUXStarbucks launches first of three stores in Hanoi
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06:48 EDTSBUXFive people detained regarding China meat scandal investigation, Reuters says
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July 22, 2014
18:02 EDTSBUXStarbucks plans 260 store openings in Japan, Nikkei says
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06:43 EDTSBUXChina food scandal expands, ropes-in Starbucks, others, Reuters says
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July 21, 2014
12:17 EDTSBUXStarbucks July weekly volatility elevated into Q3 and outlook
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11:00 EDTSBUXStarbucks China says one of its suppliers got meat from Husi, Bloomberg reports
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July 18, 2014
06:37 EDTSBUXStarbucks to test mobile phone ordering, Re/code reports
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July 15, 2014
10:00 EDTKOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Adecogro (AGRO) downgraded to Underperform from Neutral at BofA/Merrill... Campbell Soup (CPB) downgraded to Sell from Neutral at Goldman... Credicorp (BAP) downgraded to Neutral from Overweight at JPMorgan... El Paso Pipeline (EPB) downgraded to Neutral from Buy at Citigroup... Kellogg (K) downgraded to Sell from Neutral at Goldman... Kodiak Oil & Gas (KOG) downgraded to Market Perform from Outperform at BMO Capital... Lexmark (LXK) downgraded at Bernstein... Maxim Integrated (MXIM) downgraded to Equal Weight from Overweight at Barclays... Republic Airways (RJET) downgraded to Underperform from Neutral at BofA/Merrill... Sasol (SSL) downgraded to Neutral from Buy at Citigroup... Time Warner (TWX) downgraded to Equal Weight from Overweight at Evercore.
08:51 EDTGISGeneral Mills inaugurates facility in China
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08:50 EDTGISGeneral Mills expects double-digit net sales growth from Greater China this year
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07:23 EDTSBUXFortune to hold a conference
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05:43 EDTKKellogg downgraded to Sell from Neutral at Goldman
Goldman Sachs downgraded Kellogg to Sell on expectations the company's sales will miss expectations and its full year guidance could be cut when the company reports on July 31. Goldman thinks sales weakness is wiping out benefits from cost-savings and it lowered its price target for shares to $59 from $64.
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