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Stock Market & Financial Investment News

News Breaks
February 14, 2014
12:43 EDTKO, GMCR, PEPEarnings Preview: Coca-Cola significantly lagging S&P ahead of Q4 report
Coca-Cola (KO) is scheduled to report fourth quarter earnings before the market opens on Tuesday, February 18, with a conference call scheduled for 9:30 am ET. Coca-Cola, a member of the S&P 500 index, is a beverage company that owns or licenses and markets more than 500 nonalcoholic beverage brands. EXPECTATIONS: Analysts are looking for earnings per share of 46c on revenue of $11.31B, according to First Call. The consensus range for EPS is 44c-47c on revenue of $11.17B-$11.51B. LAST QUARTER: Coca-Cola reported third quarter EPS of 53c against estimates for 53c, on revenue of $12.03B against estimates for $12.05B. The company also reported worldwide growth of 2% in the quarter. On its earnings conference call, Coca-Cola added that it saw fiscal year 2013 operating income in-line with year-to-date performance and that it saw Q4 income hurt 5%-6% by foreign exchange impacts. RESEARCH AND NEWS: On December 28, 2013, Barron's ran a feature which opined that Coca-Cola's stock could rise 20% or more in 2014 due to expected growth in both earnings and revenue, as well as a rising dividend return. On February 5, Coca-Cola and Green Mountain Coffee Roasters (GMCR) announced that the companies have signed a 10-year agreement to collaborate on the development and introduction of Coca-Cola's global brand portfolio for use in Green Mountain's forthcoming Keurig Cold at-home beverage system. As part of the deal, Coca-Cola agreed to buy a 10% stake in Green Mountain for $1.25B. The next day, Wells Fargo said it believed the deal with Green Mountain was very positive and should drive revenue and profit growth for Coca-Cola. The firm added that the deal could drive margin expansion for Coca-Cola over the long-term and it kept an Outperform rating on the stock. COMPETITORS: Coca-Cola rival PepsiCo (PEP) reported mixed Q4 results on February 13, reporting EPS of $1.05 against estimates of $1.01, and revenue of $20.12B against estimates of $20.16B. PepsiCo added that it saw fiscal year 2014 core EPS growth of 7%, mid single-digit organic revenue growth, and low-single-digit commodity inflation. PRICE ACTION: Over the last 12 months, Coca-Cola's stock is up 5%, lagging the S&P 500, which has risen over 20% in that time frame. Over the last three months, the stock is down 3.7%.
News For KO;GMCR;PEP From The Last 14 Days
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October 21, 2014
12:57 EDTKOOn The Fly: Midday Wrap
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10:13 EDTKOCoca-Cola falls after earnings and guidance, levels to watch
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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
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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.
07:46 EDTKOCoca-Cola says revenue growth to be added as metric in incentive plans
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07:45 EDTKOCoca-Cola sees 2015 comp. currency neutral EPS growth similar to 2014
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07:44 EDTKOCoca-Cola expects macro environment to remain challenging through 2015
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07:43 EDTKOCoca-Cola says Q3 North America net revenues decreased 2%
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07:40 EDTKOCoca-Cola sees mid single digit headwind on profit before tax in 2015
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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
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07:36 EDTKOCoca-Cola expects to be below long-term EPS growth target for 2014
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07:34 EDTKOCoca-Cola reports comparable Q3 EPS 53c, consensus 53c
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October 20, 2014
16:00 EDTKOOptions Update; October 20, 2014
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15:48 EDTKOCoca-Cola October weekly 43 straddle priced for 2.7% move into Q3
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15:36 EDTKONotable companies reporting before tomorrow's open
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08:07 EDTKOCoca-Cola Bottling to exchange franchise territory with Coca-Cola
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October 17, 2014
08:03 EDTGMCRKeurig receives notification from SEC regarding closing inquiry
Keurig Green Mountain announced it has received notification from the Securities and Exchange Commission that it is closing the previously disclosed four-year inquiry into accounting and disclosure matters at the company and would not be recommending any enforcement action against the company or any of its current or former employees.
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