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Stock Market & Financial Investment News

News Breaks
August 15, 2014
12:16 EDTDPS, MNST, GMCR, SODA, PEP, KOMonster surges as Coca-Cola takes 16.7% stake in company
Shares of beverage company Monster Beverage (MNST) are surging after Coca-Cola (KO) took a 16.7% stake in Monster and the companies announced a long-term strategic partnership and asset swap. WHAT'S NEW: Coca-Cola will pay $2.15B for a 16.7% stake in Monster Beverage Corp, the companies said. Under the terms of their agreement, Coca-Cola will add two directors to Monster's board. Coca-Cola will transfer ownership of its worldwide energy business including brands like NOS, Full Throttle, Burn, Mother, Play and Power Play, and Relentless to Monster. Monster will transfer its non-energy business, which includes Hansenís Natural Sodas, Peace Tea, Hubertís Lemonade and Hansenís Juice Products to Coca-Cola. Coca-Cola will become Monster's preferred distribution partner globally, while Monster brands will be the only energy drinks distributed by Coca-Cola. At closing, Coke will make a net cash payment of $2.15B and transfer its worldwide energy business to Monster, and Monster will issue to Coke the shares of Monster common stock, transfer its non-energy business to Coke, and enter into expanded distribution arrangements. The transaction is expected to close late in 2014 or early in 2015. WHAT'S NOTABLE: On slides discussing the partnership, Monster said that it anticipates fiscal year 2013 pro forma operating income to be over $700M following the deal with Coke vs. $600M for "current Monster." Monster sees a pro forma second quarter cash balance of $2.6B vs. $0.8B for current Monster. ANALYST REACTION: Following the companies' announcement, Wells Fargo analyst Bonnie Herzog said she feels that the Coke/Monster deal is a good move for both firms. She expects the agreement to significantly quicken Monster's international division and believes that the company's market share could gross 4 to 5 times its current international sales within the next three years due to the deal. She feels that Coke gains increased access to the energy category. The firm maintains an Outperform rating on both the stocks. Stifel analyst Mark Astrachan perceives Monster's agreement with Coke as hugely positive since it builds international and U.S. revenue synergies while boosting EBITDA BY $95M next year. He keeps Monster's shares with a Buy rating and raises its price target to $94 from $75. CLSA upgraded Monster to Outperform from Underperform. PRICE ACTION: During afternoon, Monster is up $21.62 or 30.17% to $93.27 and Coca-Cola is up 58c or 1.46% to $40.76. OTHERS TO WATCH: Shares of SodaStream (SODA) are up relatively flat following the news. Dr. Pepper Snapple (DPS) is down 0.2% and PepsiCo (PEP) is down 0.25%. Shares of Keurig Green Mountain (GMCR) are down 1% since Coke took a 10% stake in the company on February 5.
News For MNST;KO;SODA;DPS;PEP;GMCR From The Last 14 Days
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February 25, 2015
08:54 EDTSODASodaStream says Q4 was 'particularly challenging' in U.S.
Says "confident" that growth plan will put company on profitable growth trajectory. Says Q4 was "particularly challenging" for company in the U.S. Says starting to see recovery in Japanese market. Says will take time for initiatives to gain traction. Comments made on the Q4 earnings conference call.
07:32 EDTSODASodaStream recorded charges of $15.6M in Q4 as part restructuring plan
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07:31 EDTSODASodaStream reports Q4 adjusted EPS 35c, consensus 18c
Reports Q4 revenue $126.53M, consensus $127.09M
06:32 EDTSODASodastream weekly volatility elevated into Q4 and outlook
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February 24, 2015
16:06 EDTKOOptions Update; February 24, 2015
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February 23, 2015
12:37 EDTPEP, SODASodaStream not a likely target of PepsiCo, NY Times says
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10:17 EDTKOCoca-Cola calls active amid speculation of potential management changes
Coca-Cola February 42 and 42.5 weekly calls are active on total call volume of 7K contracts (1K puts) amid speculation of potential management changes. February weekly call option implied volatility is at 21, March and April is at 16, May is at 17; compared to its 26-week average of 18 according to Track Data. Active call volume suggests traders taking positions for large near term price movement.
10:01 EDTKORumor: Coca-Cola active amid speculation of potential management changes
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08:03 EDTGMCRKeurig Green Mountain announces repurchase of shares held by Lavazza
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February 20, 2015
11:51 EDTSODASodastream weekly volatility elevated at 106 into Q4 and outlook
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11:07 EDTGMCRKeurig Green Mountain spikes higher, levels to watch
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10:49 EDTGMCRGreen Mountain Coffee calls active on renewed takeover chatter
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10:42 EDTGMCRRumor: Keurig Green Mountain moves up on renewed takeover chatter
Shares of Keurig Green Mountain (GMCR) are moving higher on renewed speculation Coca-Cola (KO) may acquire the rest of the company.
10:02 EDTKOCoca-Cola says has a 'lot of heavy lifting to do'
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09:47 EDTKOCoca-Cola says long term growth targets include high single digit EPS growth
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09:22 EDTMNSTMonster Beverage volatility elevated into Q4 and outlook
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04:50 EDTKOStocks with implied volatility movement; QCOM KO
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February 19, 2015
16:01 EDTKOOptions Update; February 19, 2015
iPath S&P 500 VIX Short-Term Futures down 70c to 30.11. Option volume leaders: AAPL TSLA TWTR AMAT PBR KO FB AXP NFLX according to Track Data.
11:07 EDTKOCoca-Cola board increases quarterly dividend 8% to 33c per share
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09:02 EDTGMCRKeurig Green Mountain reiterates FY15 EPS view of growth of mid-single digits
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