New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 12, 2013
16:29 EDTKO, BCS, AVP, STEM, LVLT, CRKOn The Fly: Closing Wrap
Stocks on Wall Street were mixed ahead of President Obama's State of the Union address. The Nasdaq lost ground on the session, while the Dow closed above 14K, putting it back within shouting distance of its all-time high... ECONOMIC EVENTS: In the U.S., the economic calendar was fairly light for a second straight day. The Labor Department reported job openings fell by 173K in December to 3.62M from a more than four-year high set in the prior month... COMPANY NEWS: Coca-Cola (KO) was the Dow's laggard, losing $1.05, or 2.72%, to $37.56 after reporting earnings that just beat consensus on revenue that just missed analyst forecasts. The company said global unit case volume rose 3% during the quarter and that it expects economic volatility to extend through 2013... Barclays (BCS) announced its Q4 results and said it would reduce its headcount by 3,700 employees in 2013. Shares gained $1.72, or 9.13%, to $20.55 following the news... MAJOR MOVERS: Among the notable gainers was Avon Product (AVP), up $3.51, or 20.31%, to $20.79 following Q4 earnings that beat consensus estimates. Also higher were shares of StemCells (STEM), up 35c, or 20.97%, to $1.99 after the company announced the first patient cohort completed its phase I/II clinical trial of neural stem cells for chronic spinal cord injury. Among the noteworthy losers were Level 3 (LVLT), down $3.35, or 13.58%, to $21.31 after its Q4 report, and Comstock Resources (CRK), down $1.12, or 7.89%, to $13.07 after the company reported Q4 results and restated its results from the first three quarters of FY12... INDICES: The Dow was up 47.46, or 0.34%, to 14,018.70; the Nasdaq was down 5.51, or 0.17%, to 3,186.49; and the S&P 500 was up 2.42, or 0.16%, to 1,519.43.
News For KO;BCS;AVP;STEM;LVLT;CRK From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | all recent news | >>
October 21, 2014
10:06 EDTKOCoca-Cola sees initiatves bringing company back to LT growth goals
Says doesn't see material improvement in unit case volume growth in 2015
09:51 EDTKOCoca-Cola sees 2015 as 'critical' year of transition
Subscribe for More Information
09:15 EDTKOOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Apple (AAPL), up 3%... Texas Instruments (TXN), up 2.3%... Harley Davidson (HOG), up 7%... Celanese (CE), up 4%... United Technologies (UTX), up 1.4%. ALSO HIGHER: Neonode (NEON), up 20% after signing technology development agreement with global tier-one printer OEM... Illumina (ILMN), up 10%, upgraded at Janney Capital following the company's better than expected Q3 earnings. DOWN AFTER EARNINGS: Coca-Cola (KO), down 5%... Chipotle (CMG), down 4.6%... Verizon (VZ), down 1%. ALSO LOWER: CEL-SCI (CVM), down 15.3% after announcing proposed offering of common stock, warrants... Omeros (OMER), down 12% after suspending Huntington's clinical trial with OMS824... Tesoro Logistics (TLLP), down 2.4% after 20M share secondary priced at $57.47... Rhino Resources (RNO), down 53%, downgraded to Underperform at Raymond James following the reduction in its quarterly cash dividend.
08:18 EDTBCSBasel Committee accelerating work on leverage ratio, FT says
The Basel Committee on Banking Supervision will begin work on the calibration of the leverage ratio, a measure of bank capital seen as less vulnerable to manipulation, sooner than previously planned, which suggests the finished rule could be released as soon as 2015 or 2016, which is ahead of the previous target date of 2017, reported Financial Times, citing comments from the secretary-general of the committee, William Coen. Publicly traded large U.S. banks include Bank of America (BAC), Citigroup (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) and Wells Fargo (WFC). Publicly traded large EU banks include Banco Santander (SAN), Barclays (BCS), Credit Suisse (CS), Deutsche Bank (DB), HSBC (HSBC), ING Groep (ING), Lloyds Banking (LYG), Royal Bank of Scotland (RBS) and UBS (UBS). Reference Link
07:46 EDTKOCoca-Cola says revenue growth to be added as metric in incentive plans
Subscribe for More Information
07:45 EDTKOCoca-Cola sees 2015 comp. currency neutral EPS growth similar to 2014
Subscribe for More Information
07:44 EDTKOCoca-Cola expects macro environment to remain challenging through 2015
Subscribe for More Information
07:43 EDTKOCoca-Cola says Q3 North America net revenues decreased 2%
Subscribe for More Information
07:40 EDTKOCoca-Cola sees mid single digit headwind on profit before tax in 2015
Subscribe for More Information
07:38 EDTKOCoca-Cola expanding productivity initiatives with $3B in ann. savings by 2019
07:38 EDTKOCoca-Cola says taking actions to reinvigorate growth
The company introduced the following initiatives to reinvigorate growth: Streamlining and simplifying its operating model to speed decision making and enhance local market focus. Expanding its current successful productivity program by targeting annualized savings of $3B per year by 2019. This productivity program will focus on four key areas: Restructuring the company’s global supply chain, including manufacturing in North America; Implementing zero-based budgeting across the organization; Streamlining and simplifying its operating model; and Driving increased discipline and efficiency in direct marketing investments. As a result of these productivity initiatives, the company expects to fund the marketing initiatives and innovation required to deliver sustainable net revenue growth. These savings will also support margin expansion and increased returns on invested capital over time. Refocusing on its core business model of building the world’s greatest beverage brands and leading an unmatched global system of strong local bottling partners. This will include refranchising the majority of company-owned North American bottling territories by the end of 2017 and a substantial portion of the remaining territories no later than 2020. Strategically targeting brand and growth investments that leverage its global strengths. This includes previously announced plans to improve the quantity and quality of marketing, as well as making future investments that will target markets and categories where brands remain underfunded relative to the opportunity. Focusing on driving revenue and profit growth across markets while providing local operations with a clear line of sight and aligned compensation targets. Beginning in 2015, revenue growth will be added as a metric in the company’s incentive plans. The company will adjust the relative importance of volume and price/mix in each market in order to drive the right behavior for each market type.
07:37 EDTKOCoca-Cola maintains long-term high single digit EPS growth target
Subscribe for More Information
07:36 EDTKOCoca-Cola expects to be below long-term EPS growth target for 2014
Subscribe for More Information
07:34 EDTKOCoca-Cola reports comparable Q3 EPS 53c, consensus 53c
Subscribe for More Information
06:14 EDTLVLTLevel 3 to host special shareholder meeting
Subscribe for More Information
October 20, 2014
16:00 EDTKOOptions Update; October 20, 2014
Subscribe for More Information
15:48 EDTKOCoca-Cola October weekly 43 straddle priced for 2.7% move into Q3
Subscribe for More Information
15:36 EDTKONotable companies reporting before tomorrow's open
Subscribe for More Information
08:07 EDTKOCoca-Cola Bottling to exchange franchise territory with Coca-Cola
Subscribe for More Information
07:21 EDTBCSFederal Reserve Bank of New York and Boston to hold a workshop
Subscribe for More Information
1 | 2 | 3 | 4 | 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