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News Breaks
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February 9, 2010
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| 07:39 EDT |  | TAP |
| theflyonthewall.com: | Molson Coors expects volume to remain challenging in FY10 | | “Overall consumer demand remains sluggish, and we see these conditions continuing to impact volume and mix in the near term. Our strategy remains consistent, however. We are focused on investing in innovation and our brands and ensuring we maintain a strong balance sheet, so that when market conditions improve we are better positioned to accelerate our growth and capitalize on opportunities. Looking to 2010, we expect volume to remain challenging, especially in the first half, but we are focused on continuing to establish a strong brand base to our business that ensures we not only manage the current market but that we take full advantage of revenue upsides when momentum improves," said Peter Swinburn, CEO. :theflyonthewall.com |
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January 24, 2012
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| 10:06 EDT |  | TAP |
| theflyonthewall.com: | On The Fly: Analyst Downgrade Summary | | Today's noteworthy downgrades include: FormFactor (FORM) downgraded to Neutral from Buy at Citigroup...Deutsche Bank (DB) downgraded to Neutral from Overweight at JP Morgan...Plains Exploration (PXP) downgraded to Neutral from Buy at Goldman...Molson Coors (TAP) downgraded to Neutral from Buy at UBS...Forward Air (FWRD) downgraded to Neutral from Buy at SunTrust...Unilever (UN) downgraded to Neutral from Buy at Citigroup...Omega Healthcare (OHI) downgraded to Market Perform from Outperform at JMP Securities...LTC Properties (LTC) downgraded to Market Perform from Outperform at JMP Securities...Greenhill & Co. (GHL) downgraded to Neutral from Buy at Ticonderoga...Zumiez (ZUMZ) downgraded to Neutral from Outperform at Credit Suisse...Entergy (ETR) downgraded to Hold from Buy at Jefferies...Rubicon Technology (RBCN) downgraded to Hold from Buy at Kaufman Bros...Veeco (VECO) downgraded to Hold from Buy at Kaufman Bros...Southern Company (SO) downgraded to Underweight from Neutral at Atlantic Equities…Barrick Gold (ABX) downgraded to Sector Perform from Outperform at RBC Capital…Texas Instruments (TXN) downgraded to Hold from Buy at Kaufman Bros. :theflyonthewall.com |
| | 06:25 EDT | | TAP |
| theflyonthewall.com: | Molson Coors downgraded to Neutral from Buy at UBS | | UBS downgraded Molson Coors given slowing Coors Light growth and ongoing Miller Lite declines, and lack of future JV cost savings. Price target lowered to $45 from $46. :theflyonthewall.com |
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