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Stock Market & Financial Investment News

News Breaks
March 4, 2013
12:30 EDTMNSTMonster Beverage reveals findings obtained in Fournier lawsuit
Monster Beverage revealed the findings of a group of physicians and a coroner that the company asked to examine the medical records of Anais Fournier, whose family filed a lawsuit blaming her death on the consumption of Monster Energy Drinks. After the lawsuit was filed, even though Monster had every confidence in the safety of its products, the company retained a group of physicians, including a coroner, to independently ascertain whether there was any basis for the allegations in the suit. "After an examination of Ms. Fournier's medical records, pathology report and autopsy report, the physicians stated conclusively that there is no medical, scientific or factual evidence to support the Maryland Medical Examiner's Report of 'caffeine toxicity' or that Ms. Fournier's consumption of two Monster Energy Drinks 24 hours apart contributed to, let alone was the cause of her untimely death," said Daniel Callahan, of Callahan & Blaine, one of Monster's lawyers.
News For MNST From The Last 14 Days
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November 24, 2014
10:00 EDTMNSTOn The Fly: Analyst Initiation Summary
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06:24 EDTMNSTMonster Beverage initiated with a Neutral at Longbow
Longbow initiated Monster Beverage with a Neutral based on tougher comps, increased new product competition, and headline risk around health concerns. The firm notes that takeout speculation by Coke offsets downside risk to shares.
November 13, 2014
07:35 EDTMNSTMonster Beverage price target raised to $130 from $110 at Evercore ISI
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