New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 18, 2014
04:55 EDTCPB, CPB, CPB, CPB, MO, MO, MO, MO, CL, CL, CL, CL, HSH, HSH, HSH, HSH, AVP, AVP, AVP, AVP, JAH, JAH, JAH, JAH, K, K, K, K, LO, LO, LO, LO, SYY, SYY, SYY, SYY, SAB, SAB, SAB, SAB, KRFT, KRFT, KRFT, KRFT, CAG, CAG, CAG, CAG, KO, KO, KO, KO, GIS, GIS, GIS, GISConsumer Analyst Group of New York to hold a conference
43rd Annual CAGNY Conference is being held in New York on February 17-21.
News For GIS;KO;CAG;KRFT;SAB;SYY;LO;K;JAH;AVP;HSH;CL;MO;CPB From The Last 14 Days
Check below for free stories on GIS;KO;CAG;KRFT;SAB;SYY;LO;K;JAH;AVP;HSH;CL;MO;CPB the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
August 27, 2014
14:17 EDTHSHTyson Foods, Hillshire enter settlement with U.S. over merger, Bloomberg says
Subscribe for More Information
14:14 EDTHSHHillshire Brands drops 3% to $61.05
Subscribe for More Information
07:28 EDTMO, LOTobacco giants grab C-store e-cig share as sales shift to 'vape shops,' WSJ says
Subscribe for More Information
August 26, 2014
13:17 EDTLO, MOWHO calls on countries to restrict e-cigarette use, NY Times says
Subscribe for More Information
13:03 EDTHSHTyson Foods, Hillshire Brands announce extension of tender offer
Tyson Foods (TSN) and The Hillshire Brands Company (HSH) announced that Tyson has extended the offering period of its previously announced tender offer to purchase all of the outstanding shares of common stock of Hillshire Brands for $63.00 per share in cash, without interest, subject to any withholding of taxes required by applicable law and upon the terms and subject to the conditions set forth in the Offer to Purchase dated July 16. Pursuant to the Agreement and Plan of Merger, dated July 1, by and among Tyson, HMB Holdings and Hillshire Brands, the Offer, which was previously scheduled to expire at 12:00 midnight, New York City time, at the end of Tuesday, August 26, has been extended until 12:00 midnight, New York City time, on Wednesday, August 27, unless it is extended further under the circumstances set forth in the Merger Agreement. All terms and conditions of the Offer shall remain unchanged during the extended period.
12:16 EDTMOCourt rules Philip Morris must protect itself against suit, Bloomberg says
An appeals court ruled that Philip Morris USA, a unit of Altria Group, needs to protect itself against a whistle-blower case regarding military cigarette pricing, according to Bloomberg, citing comments that U.S. Circuit Judge Cornelia wrote for a three-panel judge. The ruling rejects the company's allegation that the case didn't cite new data. Reference Link
07:00 EDTKRFTKeurig Kraft deal to provide market share boost, says William Blair
William Blair believes that Keurig Green Mountain's (GMCR) licensing deal with Kraft (KRFT) is an important step in Keurig's efforts to recapture unlicensed share. Following Keurig's decision to raise its portion pack prices by 9%, the firm thinks that the conversion of formerly unlicensed players likely enhances the ability of Keurig to implement price increases. William Blair keeps an Outperform rating on the stock.
06:20 EDTKOCoca-Cola to introduce mid-calorie soda in Mexico, WSJ reports
Subscribe for More Information
06:11 EDTJAHJarden initiated with a Buy at Deutsche Bank
Target $70.
August 22, 2014
16:20 EDTKRFTOn The Fly: Closing Wrap
Subscribe for More Information
12:57 EDTKRFTKeurig Green Mountain surges after inking deal with Kraft
Subscribe for More Information
12:20 EDTKRFTOn The Fly: Midday Wrap
Subscribe for More Information
10:43 EDTKRFTKeurig Green Mountain volatility low, shares up on Kraft licensing agreement
Subscribe for More Information
09:01 EDTKRFTKeurig Green Mountain, Kraft Foods announce licensing agreement
Subscribe for More Information
August 21, 2014
12:00 EDTMOAltria Group raises quarterly dividend by 8.3% to 52c from 48c
Subscribe for More Information
August 19, 2014
18:19 EDTHSHTyson, Hillshire announce extension of tender offer for shares of Hillshire
Subscribe for More Information
17:23 EDTSYYSysco awarded $281.25M government contract
Subscribe for More Information
11:00 EDTKRFTMcDonald's to unveil retail coffee initiative, Huffington Post says
Subscribe for More Information
August 18, 2014
13:12 EDTKOAnalysts mixed on Monster Beverage following Coke deal
Analysts had mixed outlooks on energy drink maker Monster Beverage (MNST) in notes to investors earlier today. The analyst comments come after last Thursday night’s announcement that Monster had formed a strategic partnership with Coca-Cola, which included Coca-Cola taking a 16.7% stake in the energy drink maker. BEARISH TAKE: Jefferies analyst Kevin Grundy downgraded Monster Beverage to Hold from Buy, saying that the stock's valuation "looks full" following its rally on Friday. The potential for a strategic deal is no longer a positive catalyst for Monster's stock, as that catalyst largely played out Friday, Grundy believes. Although Coca-Cola is likely to increase its stake in Monster, it will likely take years to do so, the analyst forecast. Additionally, the growth of the global energy drink space has been slowing in recent months, creating risk for Monster, the analyst believes. However, Grundy did raise his price target on the shares to $95 from $80. BULLISH TAKE: The deal is "a big win" for both Monster and Coca-Cola, but Monster will benefit more, analysts at Wells Fargo contended. The deal should significantly increase Monster's opportunity in international markets, according to the firm. Moreover, Wells believes that the market has historically undervalued Monster's international potential, and it estimates that the company's international business is worth about $65 per share. The firm raised its price target range on the stock to $104-$106 from $79-$81 and kept an Outperform rating on the shares. Like Wells Fargo, Credit Suisse expects the deal to accelerate the growth of Monster's international business. Additionally, the firm thinks that Monster could return a significant percentage of the $2.1B it received from Coca-Cola to shareholders, either through share repurchases or a one-time dividend. Credit Suisse increased its price target on Coca-Cola to $98 from $82 and kept an Outperform rating on the shares. PRICE ACTION: In early afternoon trading, Monster dropped 4% to $89.50. On Thursday the stock closed at $71.65.
07:41 EDTKOMonster Beverage price target raised to $104-$106 from $79-$81 at Wells Fargo
Subscribe for More Information
1 | 2 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use