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Stock Market & Financial Investment News

News Breaks
May 15, 2014
09:08 EDTENR, PFEnergizer has positive read through from Pinnacle deal, says RBC Capital
RBC Capital believes that the acquisition of Pinnacle Foods (PF) sheds light on Energizer's (ENR) attractive valuation, as Pinnacle was taken out at a large premium to Energizer's stock price, even though Energizer has a higher market share and more attractive margins, according to the firm. The firm thinks Energizer's stock has room to run in the near-term and could reach $207 in an upside scenario. It keeps an Outperform rating on the shares.
News For ENR;PF From The Last 14 Days
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July 30, 2014
07:11 EDTENREnergizer expects Q4 organic net sales to be flat
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07:09 EDTENREnergizer reaffirms FY14 adjusted EPS outlook $7.00-$7.25, consensus $7.08
Total company organic net sales are expected to decline in the low- to mid-single digits for FY14. Gross restructuring savings are expected to increase approximately $135M-$150M for FY14 versus the prior year; resulting in total estimated project to date savings of $235M-$250M.
07:07 EDTENREnergizer reports Q3 adjusted EPS $1.46, consensus $1.55
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July 29, 2014
15:53 EDTENRNotable companies reporting before tomorrow's open
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