Stock Market & Financial Investment News

News Breaks October 28, 2012 18:11 EDT MNST Monster investors should get used to volatility for a while, Barron's says The threat of a wrongful-death suit filed against energy-drink maker Monster Beverage (MNST) isnst going away soon and could get worse before it gets better, Barronss contends. A more immediate problem for Monster and other energy-drinks makers is that -- even if Monster wards off its legal and regulatory challenges -- this adverse publicity could cause people to stop or reduce drinking its products, and its strong growth rate could slow. The lawsuit surfaced in Q4, so investors might not know the extent of the problem until that quarter is reported next year. Reference Link News For MNST From The Last 14 Days Check below for free stories on MNST the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. May 14, 2013 10:01 EDT MNST On The Fly: Analyst Initiation Summary Subscribe for More Information 06:16 EDT MNST Monster Beverage initiated with an Overweight at Morgan Stanley Subscribe for More Information May 9, 2013 16:47 EDT MNST On The Fly: Closing Wrap Stocks on Wall Street were lower, breaking the recent streak of the Dow and S&P 500 setting new closing highs. The averages moved higher during the afternoon, as the dollar topped the Y100 level for the first time in three years, though the averages fell again and failed to regain positive territory into the close. ECONOMIC EVENTS: In the U.S., jobless claims fell 4K from the prior week to 323K, which was below the consensus 335K claim forecast. Wholesale inventories rose 0.4% in March, which matched expectations. In Asia, Chinese consumer prices increased 2.4% in April, which was just above expectations, and producer prices fell 2.6%, which was more than expected. Also, the Bank of Korea unexpectedly cut its interest rate. COMPANY NEWS: Two heavily shorted stocks, Tesla (TSLA) and Green Mountain Coffee Roasters (GMCR), surged after reporting quarterly earnings after yesterday's close. Tesla added $13.61, or 24.4%, to $xx 69.40 after its top and bottom line results beat Street estimates and it raised its full-year vehicle delivery outlook to 21,000 from 20,000 vehicles. Green Mountain shares gained $16.56, or 27.84%, to $76.04 after the company's earning came in better than expected and it announced a long-term strategic partnership with Starbucks. MAJOR MOVERS: Among the notable gainers was Barnes & Noble (BKS), up $4.31, or 24.25%, to $22.08 after a report saying Microsoft (MSFT) is considering acquiring the digital assets of Nook Media. Also higher was News Corp. (NWSA), up $1.43, or 4.49%, to $33.29 after its third quarter earnings were in-line and its revenues topped consensus estimates. Among the noteworthy losers Rackspace (RAX), down $12.88, or 24.66%, to $39.36 after its second quarter revenue missed Street estimates and its stock received downgrades from at least four analyst firms. Also lower following its quarterly report was Monster Beverage (MNST), which fell $2.96, or 5.2%, to $54.01. INDICES: The Dow was down 22.50, or 0.15%, to 15,082.62; the Nasdaq was down 4.10, or 0.12%, to 3,409.17; and the S&P 500 was down 6.02, or 0.37%, to 1,626.67. 10:37 EDT MNST Monster Beverage tumbles after results, levels to watch Last night after the close, the company reported results of 37 cents for its Q1 versus expectations of 46 cents. Gabelli downgraded the shares today to Hold citing disappointing results. At the current share price of $52.62 support is at $50.75, the low of the session so far today. Resistance is at the session high at $53.86. The $50 area had been resistance over the last several months, and therefore a test of this areas a support is important technically. A failure to hold this area would be price bearish for the stock. 10:08 EDT MNST On The Fly: Analyst Downgrade Summary Subscribe for More Information 09:38 EDT MNST Active equity option families trading Active equity option families trading on open according to Track Data: TSLA AAPL GOOG MNST BIDU MCD. 09:19 EDT MNST On The Fly: Pre-market Movers UP AFTER EARNINGS: Tesla (TSLA), up 23.7%... Green Mountain (GMCR), up 14.5%... Groupon (GRPN), up 14.1%... Walter Investment (WAC), up 6.1%... News Corp. (NWSA), up 3.9%... ALSO HIGHER: Barnes & Noble (BKS), up 29.4% after TechCrunch says Microsoft (MSFT) may buy Nook Media assets for $1B... Oil States (OIS), up 4.2% after David Einhorn recommends shares at investor conference... MGM Resorts (MGM), up 1.2% following upgrade to Buy at Sterne Agee. DOWN AFTER EARNINGS: Rackspace (RAX), down 21.6%... Monster Beverage (MNST), down 9.8%... McDermott (MDR), down 8.3%... Activision Blizzard (ATVI), down 7.1%. ALSO LOWER: Seagate (STX), down 3.4%, and Western Digital (WDC), down 2.2% after negative mention of both by Jim Chanos at Sohn conference. 08:44 EDT MNST Monster Beverage downgraded to Hold from Buy at Gabelli Subscribe for More Information 07:59 EDT MNST Monster Beverage long-term outlook still favorable, says Stifel Subscribe for More Information May 8, 2013 19:06 EDT MNST On The Fly: After Hours Movers Subscribe for More Information 17:56 EDT MNST Monster Beverage says gross sales in April up approximately 5.7% vs. last year Says gross margins in North America "remain healthy." Comments taken from company's Q1 earnings conference call. 16:13 EDT MNST Monster Beverage reports Q1 EPS 37c , consensus 46c Subscribe for More Information 12:07 EDT MNST Stocks with call strike movement; BBY MNST Best Buy (BBY) June 29 call option implied volatility decreased 2% to 59, Monster Beverage (MNST) May 62.5 call option implied volatility decreased 1% to 64 according to IVolatility. 12:06 EDT MNST Stocks with call strike movement; BBY MNST Subscribe for More Information May 7, 2013 11:31 EDT MNST Stocks with call strike movement; CTSH MNST Subscribe for More Information May 6, 2013 10:28 EDT MNST San Francisco City Attorney files suit against Monster Beverage Subscribe for More Information Sign up for a free trial to see the rest of the stories you've been missing.