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Stock Market & Financial Investment News

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April 1, 2014
07:29 EDTDPS, SBUX, PEP, MNST, KOU.S. soda volumes shrank 3% last year, WSJ reports
U.S. retail sales of carbonated soft drinks shrank 1% to $76.3B in 2013, representing the first downturn in dollar terms in at least 15 years, with soda volumes shrinking an estimated 3% last year to mark a ninth straight year of contraction, according to Beverage Digest, reported The Wall Street Journal. Among the few areas of growth, U.S. volumes of caffeinated energy drinks and ready-to-drink coffee rose 5.5% and 6.2% last year, respectively. Beverage makers include Coca-Cola (KO), PepsiCo (PEP), Dr. Pepper Snapple (DPS), Monster Beverage (MNST) and Starbucks (SBUX). Reference Link
News For KO;PEP;DPS;MNST;SBUX From The Last 14 Days
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July 22, 2015
07:34 EDTKOCoca-Cola backs comparable currency neutral growth expectations
Coca-Cola estimates that the net impact of structural items on FY15 results will be a 1 point headwind on both net revenues and income before taxes. The company expects fluctuations in foreign currency exchange rates to have an unfavorable impact on its reported results in 2015. Based on current spot rates, its existing hedge positions, and the cycling of its prior year rates, Coke estimates that currency will be an approximate 6 point headwind on net revenues, an 11 point headwind on operating income, and a 7 to 8 point headwind on income before taxes for the full year.
07:32 EDTKOCoca-Cola reports Q2 comparable EPS 63c, consensus 60c
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July 21, 2015
17:04 EDTSBUXStarbucks and New York Times sign agreement
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16:21 EDTPEPRuby Tuesday appoints David Skena as Chief Marketing Officer
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15:22 EDTKOCoca-Cola technical comments ahead of results
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15:02 EDTKONotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's open, with earnings consensus, include Coca-Cola (KO), consensus 60c... Boeing (BA), consensus $1.42... Abbott Laboratories (ABT), consensus 50c... Thermo Fisher Scientific (TMO), consensus $1.78... EMC (EMC), consensus 41c... Illinois Tool Works (ITW), consensus $1.28... St. Jude Medical (STJ), consensus $1.00... Northern Trust (NTRS), consensus 96c... Check Point Software (CHKP), consensus 95c... Polaris Industries (PII), consensus $1.58... Interpublic Group (IPG), consensus 27c... New York Community Bancorp (NYCB), consensus 26c... B/E Aerospace (BEAV), consensus 76c... Owens Corning (OC), consensus 54c... Knight Transportation (KNX), consensus 37c.
12:25 EDTKOCoca-Cola July weekly volatility elevated into Q2 and outlook
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10:01 EDTPEP, MNST, KO, DPSOn The Fly: Analyst Initiation Summary
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July 20, 2015
16:45 EDTKOCoca-Cola initiated with a Buy at Sterne Agee CRT
Target $46.
16:45 EDTDPSDr Pepper Snapple initiated with a Buy at Sterne Agee CRT
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16:39 EDTPEPPepsiCo initiated with a Buy at Sterne Agee CRT
Target $108.
16:11 EDTMNSTMonster Beverage initiated with a Buy at Sterne Agee CRT
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July 16, 2015
10:00 EDTSBUXOn The Fly: Analyst Initiation Summary
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09:01 EDTSBUXStarbucks to open stores in 15 low to medium income communities across U.S.
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July 15, 2015
16:22 EDTSBUXStarbucks initiated with a Buy at BTIG
Target $64.
12:27 EDTKOFiesta Restaurant extends multi-year marketing agreement with Coca-Cola
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July 14, 2015
15:22 EDTPEP, KOCoca-Cola rises after UBS says buy ahead of expected breakout
Shares of Coca-Cola (KO) are rising following an upgrade at UBS, with the research firm saying the stock is "poised" to break out of its trading range. WHAT'S NEW: Stephen Powers of UBS issued a research note on Coca-Cola this morning, upgrading the stock to Buy from Neutral and raising his price target to $48 from $44. Powers cited "increasing probability" that Coca-Cola shares will break out of their $37-$44 trading band within the next year, saying the company "should find relief" if macroeconomic factors ease. Powers added that the company "has made great strides" over the past 10 months in productivity and price realization and the analyst believes Coca-Cola could accelerate its U.S. refranchising and expand its cost-cutting target. WHAT'S NOTABLE: Today's upgrade follows a June 1 note from BMO Capital alleging that carbonated soft drinks are not in a structural decline, contrary to widespread perception. BMO's Amit Sharma upgraded Coca-Cola that day to Outperform, saying he expects Coke’s sales and EPS growth to get back to near the company's long-term targets in 2016 and for the company to start seeing more bottomline benefits from its cost savings program in 2017. Conversely, in a July 8 note on Coke's competitor, PepsiCo (PEP), Wells Fargo countered that scanner results suggested soft drink volumes were under pressure in the U.S. PRICE ACTION: Shares of Coca-Cola rose 1.2% in afternoon trading, standing at $41.17 at time of writing.
10:01 EDTKOOn The Fly: Analyst Upgrade Summary
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06:00 EDTSBUXStarbucks announces licensed partnership with South Africa's Taste Holdings
Starbucks Coffee Company and Taste Holdings announced a licensed partnership that will see Starbucks stores open across South Africa. For the first time in Southern Africa, Starbucks will open full-format stores bringing the entire range of its food and beverages, including its ethically-sourced Arabica coffee, to South African consumers. The license agreement sees Taste owning the exclusive rights to develop Starbucks retail outlets in South Africa. As Taste is the licensee, it will own and operate the stores directly. The partnership will see direct job creation opportunities as each Starbucks store opens, in addition to opportunities at the Taste support office in Johannesburg. Taste expects that the indirect impact of skills transfer into South Africa, and the localisation opportunities in the supply chain will be material. In addition, Starbucks and Taste have committed to continuing Taste’s Changing Lanes program, employing predominantly from currently unemployed youth directly from the communities in which they trade.
05:59 EDTKOCoca-Cola upgraded to Buy from Neutral at UBS
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