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Stock Market & Financial Investment News

News For VSI;IFF;GNC;FDO;LO;BEAM;RAD;MJN;ENR;VFC;TUP;BUD From The Last 14 Days
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October 21, 2014
11:31 EDTMJNMead Johnson announces expansion of production capacity in Evansville
Mead Johnson Nutrition Company announced that it is expanding its production capacity and capabilities at its Evansville, Indiana, facility. These latest upgrades to the Evansville campus, including the renovation and repurposing of existing manufacturing space, as well as the installation of new production equipment, are scheduled to begin later this year. This investment further demonstrates Mead Johnsonís commitment to continuous innovation and responsiveness to evolving consumer needs.
11:15 EDTTUPHigh option volume stocks
High option volume stocks: DBA TUP CRI FCG TWC PLL ACM XRS RAI AMTD
09:12 EDTGNCGNC, eBay, Vivendi recommended as long ideas by Sandler, Bloomberg reports
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08:03 EDTRADCVS offering drug plan with higher co-pay at stores selling tobacco, WSJ says
CVS Health (CVS), which stopped selling tobacco products last month, is now offering a prescription-drug plan via its pharmacy benefits unit Caremark that charges patients copayments that are up to $15 higher on prescriptions filled where tobacco is sold, which includes at rival pharmacies operated by Walgreen (WAG) and Rite-Aid (RAD), reported The Wall Street Journal. Reference Link
07:11 EDTLOReynolds American says responding to second request from FTC regarding Lorillard
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October 20, 2014
16:20 EDTMJNOn The Fly: Closing Wrap
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14:46 EDTVSI, GNCVitamin Shoppe may hire adviser amid pressure for deal, Reuters says
Vitamin Shoppe (VSI), which has been urged by activist shareholders to consider a sale, is speaking to banks and may hire a financial adviser, according to Reuters, citing people familiar with the matter. Note that Reuters previously reported on September 18 that some large Vitamin Shoppe holders have urged the company to consider a sale to rival GNC Holdings (GNC) or to a private equity buyer. That same day, The Financial Times reported that GNC was considering a possible sale after receiving attention from private equity suitors. Following this latest report from Reuters, shares of Vitamin Shoppe are up 6.7% to $45.23 in afternoon trading, while GNC shares are up over 3% to $38.88. Reference Link
14:33 EDTVSIVitamin Shoppe up over 6%, near highs of session
14:21 EDTVSIVitamin Shoppe may appoint adviser as activist pressure continues, Reuters says
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12:37 EDTMJNOn The Fly: Midday Wrap
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10:44 EDTVFCVF Corp dips lower after Q3 earnings miss consensus expectations
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10:14 EDTMJNMead Johnson volatility elevated, Danone not carrying out a review for takeover
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09:22 EDTMJNOn The Fly: Pre-market Movers
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09:17 EDTVFCVF Corp. says 'on track' to add 150 new stores this year
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09:09 EDTVFCVF Corp. says 'on track' to achieve FY14 growth expectations
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08:31 EDTFDOFamily Dollar sets Oct. 30 as record date for special meeting of stockholders
Family Dollar Stores (FDO) announced that October 30, 2014 has been established as the record date for determining stockholders entitled to receive notice of, and to vote at, the Special Meeting of Stockholders, at which stockholders will be asked to adopt the previously announced merger agreement, as amended, with Dollar Tree (DLTR).
07:03 EDTVFCVF Corp. raises FY14 EPS view to $3.08 from $3.06
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07:01 EDTVFCVF Corp. increases quarterly dividend 22% to 32c per share
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07:01 EDTVFCVF Corp. reports Q3 EPS $1.08, consensus $1.09
Reports Q3 revenue $3.5B, consensus $3.57B.
06:07 EDTMJNMead Johnson downgraded to Hold from Buy at Deutsche Bank
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