New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 17, 2014
13:01 EDTKO, IHGInterContinental Hotels, Coca-Cola in strategic alliance
InterContinental Hotels (IHG) and Coca-Cola (KO) announced a new multi-year agreement to offer Coca-Cola soft drink and juice brands at IHG brands in the United States, representing more than 3,200 hotels. The majority of the U.S. beverage rollout is expected to be completed by the end of Q3.
News For IHG;KO From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
December 18, 2014
16:22 EDTKOCoca-Cola Bottling announces agreement with Coca-Cola to expand franchise
Subscribe for More Information
10:51 EDTIHGStarwood has $100M claim against Cuba, says Wells Fargo
Wells Fargo notes the Foreign Claim Settlement Commission certified in 2005 a claim for Starwood (HOT) against Cuba in the amount of $51.1M plus interest, implying a market value today of over $100M. Starwood has 500-plus acres of land around Havana that was seized in 2003. InterContinental (IHG) holds a certified $2.6M claim from 1959-1961, which equates to about $60M today, Wells adds. The firm does not expect the claims will be collected, but notes that if the embargo on Cuba is one day lifted, it's possible they could be traded for concessions or development entitlements.
December 17, 2014
16:00 EDTKOOptions Update; December 17, 2014
Subscribe for More Information
December 16, 2014
09:31 EDTKOCoca-Cola names Julie Hamilton as Chief Customer & Commercial Leadership Officer
Subscribe for More Information
07:13 EDTIHGInterContinental agrees to acquire Kimpton Hotels & Restaurants for $430M
Subscribe for More Information
December 15, 2014
17:16 EDTKOCoca-Cola sees FY15 comparable currency neutral EPS growth similar to FY14
Subscribe for More Information
16:27 EDTKOCoca-Cola sees 2015 net share repurchases of $2B-$3B
As previously indicated, the company does not expect comparable currency neutral EPS growth in 2015 to be significantly different from 2014. Longer term, the company intends to return to delivering against its stated growth targets. Based on current spot rates, existing hedge positions, and the cycling of 2014 rates, the company now expects a 5 to 6 point currency headwind on profit before tax in 2015. The underlying effective annual tax rate on operations in 2015 is currently expected to be 22.5%. In 2015, the company is targeting net share repurchases of $2B to $3B.
16:25 EDTKOCoca-Cola sees 9 point currency headwind on Q4 EPS
Subscribe for More Information
16:20 EDTKOCoca-Cola sees FY14 comparable currency neutral EPS growth of 4%-5%
Subscribe for More Information
16:00 EDTKOOptions Update; December 15, 2014
Subscribe for More Information
13:52 EDTKOWintergreen says Coca-Cola CEO Muhtar Kent 'incapable' of leading turnaround
Subscribe for More Information
December 10, 2014
10:00 EDTKOCoca-Cola to host conference call
Conference call to address financial and modeling-related questions will be held on December 15 at 4:30 pm. Webcast Link
December 8, 2014
16:22 EDTKOCoca-Cola Bottling in pact with Coca-Cola to expand franchise territory
Subscribe for More Information

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