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Stock Market & Financial Investment News

News Breaks
March 18, 2014
12:11 EDTPEP, WHR, DECK, SODA, DPS, KOSodaStream advances after KitchenAid unveils new soda maker
Shares of SodaStream (SODA) are climbing after Whirlpool's (WHR) KitchenAid brand announced that it would sell an at-home soda maker developed in collaboration with the Israeli company. WHAT'S NEW: KitchenAid earlier today introduced the Sparkling Beverage Maker, which it developed in partnership with Israel-based SodaStream. Offering four carbonation settings, the product will go on sale in June at a suggested retail price of $249.99, the home appliance maker revealed. The device's "all-metal design and eye-catching aesthetics make it uniquely Kitchen Aid," said Beth Robinson, senior manager of brand experience for KitchenAid. WHAT'S NOTABLE: SodaStream and KitchenAid first announced that they were collaborating last June. At the time, the companies said that they expected to unveil a product in the fourth quarter of 2013. Last month, Coca-Cola (KO) and Green Mountain (GMCR) announced that they would jointly develop their own at-home cold drink maker. In the wake of that news, some speculated that SodaStream could partner with either Pepsi (PEP) or Dr. Pepper Snapple (DPS). On March 6, well-known hedge fund manager Whitney Tilson divulged that he had invested in SodaStream, and said the company reminded him of Uggs-maker Deckers Outdoor (DECK). Like Uggs, SodaStream's products are said by detractors to be a fad, but have a loyal following, according to Tilson. PRICE ACTION: In late morning trading, SodaStream climbed $1.45, or 3.65%, to $41.22, while Whirlpool added 1% to $146.43.
News For SODA;WHR;KO;DECK;PEP;DPS From The Last 14 Days
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May 27, 2015
08:11 EDTDECKDeckers Outdoor volatility elevated into Q4 and outlook
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06:11 EDTKOCoca-Cola expected to soon close Monster Beverage stake deal, WSJ reports
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May 25, 2015
12:41 EDTKOCoca-Cola, Speedway Motorsports extend partnership through 2020
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May 22, 2015
15:07 EDTDECKDeckers Outdoor volatility elevated into Q4 and outlook
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09:34 EDTKOCoca-Cola Bottling enters new distribution agreement with Monster Beverage
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May 21, 2015
07:16 EDTWHRLongbow to hold a conference
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May 20, 2015
13:41 EDTWHRItaly says Whirlpool's plan to cut nearly 2,000 jobs 'disgraceful,' Reuters says
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10:57 EDTKOKeurig Green Mountain calls active
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10:38 EDTKORumor: Keurig Green Mountain active amid renewed Coke-Cola speculation
Shares of Keurig Green Mountain (GMCR) are active amid renewed speculation Coke-Cola (KO) will increase its stake in the company.
10:22 EDTWHRWhirlpool backs view of up to $300M in restructuring charges in FY15
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08:42 EDTDECKGoldman says to buy Deckers Outdoor, sell Foot Locker
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07:22 EDTKOCoca-Cola management to meet with SunTrust
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May 19, 2015
13:11 EDTWHRWhirlpool strength attributed to favorable AHAM industry data
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May 18, 2015
14:01 EDTWHRWhirlpool enters agreement to acquire American Dryer Corporation
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May 15, 2015
17:07 EDTPEPTrian Fund gives quarterly update on stakes
NEW STAKES: None. INCREASED STAKES: PepsiCo (PEP), Mondelez (MDLZ), Bank of New York Mellon Group (BK), and Du Pont (DD). DECREASED STAKES: Family Dollar (FDO), and Ingersoll-Rand (IR). LIQUIDATED STAKES: Lazard (LAZ).
16:28 EDTWHRAppaloosa Management gives quarterly update on stakes
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11:47 EDTSODA, KOAnalysts mixed on Keurig after cold drink maker unveiling
Several research firms disagreed on the outlook for Keurig Green Mountain's (GMCR) upcoming at-home cold beverage maker, Keurig KOLD, after the company unveiled the product yesterday. SunTrust and Bernstein expressed major reservations about the product, while Susquehanna was more upbeat about the device and said the shares had reached a good entry point for investors. WHAT'S NEW: Keurig's management seemed to take a cautious view on the outlook for the device's sales, Bernstein analyst Ali Dibadj wrote. Additionally, the device and its pods "seemed a bit pricey" and large. However, the analyst, noting that the company hopes to eventually cut the price of the product to $200 from $300, called a potential $200 price point "more palatable for consumers." Furthermore, Dibadj says he has a hard time "fully understanding" the company's assertion that the device solves several problems. SunTrust analyst William Chappell, Jr. was impressed by the device's technology, but said he was concerned by the product's initial price and the investments that Keurig will have to make to launch the product. He kept a Neutral rating on the shares. BULLISH OUTLOOK:, Susquehanna analyst Pablo Zuanic said that most of the information on Kold was disappointing. The analyst said that he was disappointed by the device's high price and the fact that it will take a minute to make each drink. However, noting that SodaStream's (SODA) cold drink makers have penetrated 1.5% of U.S. households, the analyst says it is "not out of the question" that Kold can reach 3% household penetration in the U.S. by fiscal 2017-2018. If Kold does attain that milestone, Green Mountain's profits would double, the analyst stated. Zuanic remained upbeat on the company's long-term outlook and says that the stock is not currently reflecting any value for Kold. He believes that the stock has reached a good entry point, and kept a $140 price target and Positive rating on the shares. WHAT'S NOTABLE: Coca-Cola (KO) owns a 16% stake in Keurig Green Mountain. PRICE ACTION: In late morning trading, Keurig Green Mountain dropped 8.3% to $94.50, while SodaStream gained 2.5% to $22.25.
09:03 EDTWHRBofA/Merrill says to buy Home Depot, Lowe's and Whirlpool
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08:48 EDTSODA, KOKeurig Green Mountain Keurig Cold price points worrisome, says SunTrust
After attending Keurig Green Mountain's (GMCR) Keurig Kold launch event, SunTrust says it was impressed by the device's technology but concerned about its initial price points and near-term investments needed to launch the product. The firm keeps a Neutral rating on the stock. Coca-Cola (KO) owns a 16% stake in Keurig Green Mountain. SodaStream (SODA) develops and markets at-home cold beverage makers. :
08:05 EDTKO, SODABernstein has reservations about Keurig Green Mountain's Keurig Kold
After attending Keurig Green Mountain's (GMCR) Keurig Kold launch event, Bernstein says that it has a hard time understanding the device's value proposition and sensed some caution from the company about how quickly the device's penetration will rise and be accretive to earnings. The firm says the device and pods seem a bit expensive, while the brewer and pods are large. The firm believes that the taste of the product's Diet Coke drink was off, although regular Coke and others were good. Coca-Cola (KO) owns a 16% stake in Keurig Green Mountain. SodaStream (SODA) develops and markets at-home cold beverage makers.
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