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Stock Market & Financial Investment News

News Breaks
June 10, 2014
11:03 EDTSBMRY, BUD, ABEV, PEPSABMiller rumored as potential acquisition target, FT Alphaville says
Financial Times moderator Bryce Elder wrote earlier in a "Markets Live" chat on FT Alphaville that a $60B debt financing rumor has "been doing the rounds" and that he has recently heard it connected to speculation that AB Inbev (BUD) could breaks its PepsiCo (PEP) bottling deal to go after SABMiller (SBMRY) or uses its U.S. listed Ambev (ABEV) subsidiary as a "bid vehicle for SAB." Shares of SABMiller trading in New York are up about 4% in mid-morning trading to $57.38 following the circulation of the speculation, though Elder cautioned, "To be clear, this is 'pin the tale on the donkey' stuff." Reference Link
News For SBMRY;BUD;ABEV;PEP From The Last 14 Days
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October 22, 2014
10:44 EDTPEPAnalysts divided on Coca-Cola after revenue miss, profit warning
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07:53 EDTPEPPressure on PepsiCo CEO may be lessened by Coca-Cola struggles, NY Post says
The position that PepsiCo (PEP) CEO Indra Nooyi supports of maintaining the tie-up of the company's snacks and beverages businesses was strengthened after rival Coca-Cola (KO) reported disappointing sales and lowered its outlook, which a "close industry observer" told The New York Post should take some of the Peltz pressure off Nooyi. Reference Link
October 16, 2014
08:10 EDTPEPPepsiCo should divest Quaker Foods, says Jefferies
Jefferies believes PepsiCo should divest its Quaker Foods North America business since the unit has been a drag on organic sales and operating income growth. The firm views a possible divesture as a potential share catalyst since it thinks such a move would be well received by investors. It keeps a Buy rating on PepsiCo with a $103 price target.
October 15, 2014
10:02 EDTSBMRYOn The Fly: Analyst Downgrade Summary
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08:01 EDTSBMRYSABMiller downgraded to Underperform from Sector Perform at RBC Capital
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October 14, 2014
06:21 EDTSBMRYSABMiller reports Q2 group NPR increased 3%
Reports Q2 group net producer revenue per hectoliter grew by 4% in Q2. Reports total beverage volumes grew by 1% for the first six months on an organic basis, driven by "strong" performance across both lager and soft drinks in Latin America and Africa. SABMiller CEO Alan Clark said, "We achieved resilient net producer revenue growth in the first half, powered by our Africa and Latin America businesses. Our total beverage volume growth was impacted by weaker lager volume performance in Q2, balanced by strong growth in soft drinks. Financial performance has been affected by ongoing foreign currency movements as well as weaker Q2 trading conditions in China and Australia. Reference Link
October 13, 2014
07:26 EDTSBMRY, PEP, BUDAB InBev has studied potential deal to acquire PepsiCo, Bloomberg says
Anheuser-Busch InBev (BUD), which has a history of growth via acquisition and has been speculated to be targeting peer SABMiller (SBMRY), has also studied whether a merger with PepsiCo (PEP) makes sense, according to Bloomberg, citing people familiar with the matter. The report added that one source said no talks between Anheuser-Busch and Pepsi are ongoing, no deal is imminent, and the scenario is among many that has been examined. The report also noted that Albert Fried views Monster Beverage (MNST) and Keurig Green Mountain (GMCR) as other suitable targets for AB InBev. Reference Link
October 10, 2014
17:14 EDTPEPMarket ends week lower amid global growth worries
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08:38 EDTPEPPepsiCo valuation discount vs. peers to close, says Morgan Stanley
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October 9, 2014
16:25 EDTPEPOn The Fly: Closing Wrap
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12:30 EDTPEPOn The Fly: Midday Wrap
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10:38 EDTPEPPepsiCo climbs after results beat estimates, outlook raised
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09:20 EDTPEPOn The Fly: Pre-market Movers
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08:40 EDTPEPPepsiCo says its emerging and developing sectors have remained 'resilient'
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06:45 EDTPEPPepsiCo reports Q3 developing and emerging organic revenue up 8%
The company said it is on track to deliver $1B of productivity savings in 2014. The company expects to return a total of $8.7 billion to shareholders in 2014 through approximately $3.7 billion in dividends and $5.0 billion in share repurchases.
06:44 EDTPEPPepsiCo raises FY14 EPS growth guidance to 9% from 8%
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06:43 EDTPEPPepsiCo reports Q3 organic revenue up 3.1%
06:43 EDTPEPPepsiCo reports Q3 core EPS $1.36, consensus $1.29
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