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Stock Market & Financial Investment News

News Breaks
April 2, 2014
14:04 EDTKODavid Winters questions dual role of Coca-Cola CEO, CNBC reports
Wintergreen Fund's David Winters questions the dual role of Coca-Cola's CEO and Chairman, CNBC reports. The soda giant told the news channel that its leadership structure will stay in place, however, calling it "effective."
News For KO From The Last 14 Days
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June 26, 2015
16:00 EDTKOOptions Update; June 26, 2015
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June 25, 2015
19:34 EDTKOAirbus, Qualcomm, others invest $500M in OneWeb's global internet initiative
OneWeb announced it has raised $500M in funding from a number of companies, including Airbus (EADSY), Bharti, EchoStar's (SATS) Hughes, Intelsat (I), Qualcomm (QCOM), Coca-Cola (KO), Totalplay, and Virgin Group. OneWeb is engaged in developing satellite technologies to "beam" broadband internet to rural and underdeveloped locations, as well as to ships, planes, trains, and oil platforms. Bharti chairman Sunil Bharti Mittal will be joining Airbus Group CEO Tom Enders as well as Virgin's Richard Branson and Qualcomm's Paul Jacobs on the OneWeb board of directors. OneWeb also reiterated its June 15 announcement of its joint venture with Airbus to design and manufacture 900 microsatellites. "We are committed to giving our full industrial and space expertise to this mission," remarked Airbus' Tom Enders. "Intelsat has the world’s largest fleet of Ku Band geostationary satellites and our interoperability will enable pole-to-pole and urban canyon coverage with new services," said Intelsat. Note that both Facebook (FB) and Google (GOOG) are working on similar projects to facilitate global internet access. Reference Link
07:39 EDTKOMonster Beverage legacy international sales can at least triple, says Stifel
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June 22, 2015
17:29 EDTKOCoca-Cola reports 16.7% stake in Monster Beverage
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June 18, 2015
12:04 EDTKOActive options: AAPL ORCL FB RAD BAC HTZ MU GE TSLA AMZN BABA KO
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June 16, 2015
16:01 EDTKOApple Twitter Facebook Bank of America Yahoo Netflix Alibaba WisdomTree Coca-Cola Goldman Sachs Micron General Electric
iPath S&P 500 VIX Short-Term Futures down 33c to 18.68. Option volume leaders: AAPL TWTR FB BAC YHOO NFLX BABA WETF KO GS MU GE.
11:11 EDTKOMonster Beverage climbs after added to Citi Focus List
Energy drink maker Monster Beverage (MNST) is advancing after Citi added the stock to its Focus List, saying that the company has many potential positive catalysts. WHAT'S NEW: Monster's stock can rise significantly from current levels, as it has many potential positive catalysts that can kick in over the next 12 months, Citi analyst Wendy Nicholson wrote in a note to investors today. Specifically, the company can enter new markets such as China and its overseas profit margins may increase, the analyst stated, adding that Monster may also sign new distribution deals in foreign markets and launch new products. Other potential catalysts include signs that the distribution of the company's drinks in the U.S. has become smoother in the wake of its transition to Coca-Cola's (KO) system and the possibility that the soda giant will increase its stake in Monster, the analyst believes. Monster could initiate large share repurchases, given the huge amount of cash it received from Coca-Cola, the analyst stated. She predicted that the company's earnings before interest and taxes would grow at an "outsized" compound annual growth rate of 12% over the next five years and kept a $155 price target and Buy rating on the stock. WHAT'S NOTABLE: UBS on June 12 upgraded Monster to Buy from Neutral, saying that the short-term risks facing the company were already priced into the stock, while the beverage maker's U.S. and foreign growth outlook is strong. The analyst predicted that Coca-Cola would increase its stake in the company to 25% from its current 16.7% level. Also on June 12, Monster and Coca-Cola announced that the acquisition of the 16.7% stake in Monster by Coke had been closed. PRICE ACTION: In late morning trading, Monster climbed 4% to $132.

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