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April 1, 2013
06:21 EDTTAPMolson Coors upgraded to Buy from Neutral at Goldman
Goldman upgraded Molson Coors to reflect improving North American volumes, improving employment trends, new product opportunities, cost savings, and capital deployment. Price target raised to $63 from $47.
News For TAP From The Last 14 Days
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October 13, 2015
12:19 EDTTAPOn The Fly: Top stock stories at midday
Stocks began the session in negative territory, but saw their lows a short time after the open and have recovered to be little changed near noon. The same pattern of a lower open and then a drift back to the flat line was seen yesterday as well. There has been little in the way of macroeconomic news as investors begin to turn their attention to the earnings season. One of the largest healthcare companies in the world, Johnson & Johnson (JNJ), reported on its results this morning and JPMorgan (JPM) and Intel (INTC) headline today's earnings schedule after the close. ECONOMIC EVENTS: In the U.S., NFIB's small business optimism index rose slightly to 96.1 in September, versus an expected downtick to a forecasted reading of 95.5. In China, imports dropped for the eleventh straight month, sliding 17.7% in yuan terms in September. Exports from the Asian giant, meanwhile, fell 1.1% last month. In Europe, the ZEW Center's index of German investor and analyst expectations fell to 1.9 in October, which was worse than the decline to 6.5 expected by economists. COMPANY NEWS: Molson Coors (TAP) was the best performer on the S&P 500, rising 10% after Anheuser-Busch InBev (BUD) said it is willing to pay 44 pounds per share in a proposed takeover of SABMiller (SBMRY). Such a deal, which would be valued near $106B, would create a brewer accounting for a third of global beer sales, but could benefit Molson Coors, which is seen as the most likely buyer of the MillerCoors joint venture it shares with SABMiller. In connection with the possible offer, AB InBev said it would agree to a fee of $3B payable to SABMiller if the deal fails to close due to a failure to obtain regulatory clearances or the approval of AB InBev shareholders. MAJOR MOVERS: Among the notable gainers was SAP (SAP), which rallied over 5% after it reported preliminary Q3 earnings that were higher than the same period of last year. Also rising was Wausau Paper (WPP), which jumped 39% after it agreed to be acquired by SCA for $513M in cash. Among the noteworthy losers was Ryder (R), which fell 8% after it cut its Q3 and FY15 comparable earnings guidance due to reduced earnings growth in its Fleet Management unit. Also lower was HeartWare (HTWR), which lost 16% after it said in a regulatory filing that it may not re-initiated enrollment in its MVAD clinical trial in November, as planned, after halting it on September 9. INDEXES: Near midday, the Dow was up 11.36, or 0.07%, to 17,143.22, the Nasdaq was up 3.88, or 0.08%, to 4,842.52, and the S&P 500 was up 0.12, or 0.01%, to 2,017.58.
11:23 EDTTAPOptions with decreasing implied volatility
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09:24 EDTTAPOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Aoxing Pharmaceutical (AXN), up 15.5%. ALSO HIGHER: Wausau Paper (WPP), up 38.4% after announcing that it will be acquired by SCA... Protalix (PLX), up 12% after selling its share in the collaboration agreement for Elelyso to Pfizer (PFE)... AB InBev (BUD), up 1.5% following an agreement in principle with SABMiller (SBMRY)... Molson Coors (TAP), up 9.3% following an agreement in principle between AB InBev and SABMiller... Twitter (TWTR), up 3% after disclosing that it will cut about 8% of workforce. DOWN AFTER EARNINGS: Johnson & Johnson (JNJ), down 1.9%... Del Frisco's (DFRG), down 5.1%. ALSO LOWER: Emerald Oil (EOX), down 20.3% after revolving credit line cut to $120M from $200M... HeartWare (HTWR), down 16% after announcing that it may not re-initiate enrollment in its MVAD clinical trial in November... JetBlue (JBLU), down 6% after reporting September traffic... Arch Coal (ACI), down 5.4% after being downgraded to Underweight from Neutral at JPMorgan.
04:56 EDTTAPStocks with implied volatility movement; SDRL TAP
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October 8, 2015
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October 7, 2015
05:14 EDTTAPStocks with implied volatility movement; TAP CELG
Stocks with implied volatility movement; Molson Coors (TAP) 51, Celgene (CELG) 42 according to iVolatility.

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