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Stock Market & Financial Investment News

News Breaks
March 18, 2013
04:55 EDTWPP, WPP, WPP, SCA, SCA, SCA, CCE, CCE, CCE, DEO, DEO, DEO, DANOY, DANOY, DANOY, INGR, INGR, INGR, IFF, IFF, IFF, KO, KO, KO, MJN, MJN, MJN, HSY, HSY, HSY, UL, UL, ULConsumer Analyst Group of Europe to host a conference
2013 Annual Conference is being held in London, England on March 18-20.
News For WPP;HSY;MJN;KO;IFF;INGR;DANOY;DEO;CCE;SCA;UL From The Last 14 Days
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July 16, 2014
07:24 EDTULSiemer & Associates to hold a summit
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06:56 EDTHSYHershey downgraded to Neutral from Outperform at Credit Suisse
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July 15, 2014
18:18 EDTKOPepsiCo escalates operations in Myanmar, Nikkei reports
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16:06 EDTHSYHershey sees 2014 sales, EPS growth at lower end of long-term range
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16:04 EDTHSYHershey does not expect price increase to impact 2014 results
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16:03 EDTHSYHershey raises wholesale prices across majority of portfolio
Hershey announced an increase in wholesale prices across the majority of its U.S., Puerto Rico and export portfolio. A weighted average price increase of approximately 8% across the company's instant consumable, multi-pack, packaged candy and grocery lines is effective today. "These changes will help offset part of the significant increases in Hershey’s input costs, including raw materials, packaging, fuel, utilities and transportation, which the company expects to incur in the future," Hershey said. “Over the last year key input costs have been volatile and remain at levels that are above historical averages,” said Michele G. Buck, President, North America, The Hershey Company. “Commodity spot prices for ingredients such as cocoa, dairy and nuts have increased meaningfully since the beginning of the year. Given these trends, we expect significant commodity cost increases in 2015. We are a gross margin focused company and remain committed to our consumer-centric business model of bringing insights to retailers that will enable us to grow our business and the category. During the transition period we will support our brands with higher levels of investment, including merchandising, programming, advertising and innovation, that will benefit Hershey and the category."
16:02 EDTHSYHershey sees Q2 adjusted EPS 75c-77c, consensus 76c
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11:45 EDTDEODiageo downgraded to Sell from Hold at Societe Generale
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10:00 EDTDANOY, MJNOn The Fly: Analyst Upgrade Summary
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07:15 EDTKOIIR Holdings to hold a conference
14th Annual Shopper Insights in Action Conference to be held in Chicago on July 14-16.
05:46 EDTMJNMead Johnson upgraded to Buy from Neutral at Goldman
Goldman Sachs upgraded Mead Johnson to Buy saying the company's results should beat expectations while it remains an attractive takeover candidate. Goldman raised its price target for shares to $107 from $91.
05:25 EDTDANOYDanone upgraded to Overweight from Equal Weight at Morgan Stanley
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July 14, 2014
06:27 EDTDEOAB InBev considering bid for SABMiller, FT reports
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06:27 EDTHSYLindt & Sprüngli acquires Russell Stover Candies
The Lindt & Sprüngli Group is acquiring the traditional U.S. family business Russell Stover Candies, headquartered in Kansas City, Missouri. Lindt & Sprüngli is financing the acquisition through net cash resources and bank loans and expects the transaction to make a strong positive contribution to the earnings per share from 2015 onwards. It has been agreed not to disclose the purchase price and other contractual details. Other companies that are in the confectionary industry in North America include Hershey (HYS) Rocky Mountain Chocolate (RMCF) and Mondelez (MDLZ). Reference Link
July 11, 2014
11:17 EDTCCEHigh option volume stocks
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07:26 EDTKOApple, Coke on board with Obama 'SupplierPay' initiative, WSJ says
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July 10, 2014
12:47 EDTULKainos acquires Slim-Fast brand from Unilever
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10:05 EDTINGROn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: AuRico Gold (AUQ) downgraded to Hold from Buy at Canaccord... Cincinnati Bell (CBB) downgraded to Underperform from Neutral at BofA/Merrill... Eldorado Gold (EGO) downgraded to Hold from Buy at Canaccord... Fortuna Silver Mines (FSM) downgraded to Hold from Buy at Canaccord... Gerdau (GGB) downgraded to Neutral from Overweight at JPMorgan... Hi-Crush Partners (HCLP) downgraded to Neutral from Buy at Ladenburg... Ingredion (INGR) downgraded to Equal Weight from Overweight at Stephens... Investors Bancorp (ISBC) downgraded to Neutral from Buy at Guggenheim... Lumber Liquidators (LL) downgraded to Hold from Buy at Jefferies... Mid-America Apartment (MAA) downgraded to Underweight at Morgan Stanley... Northern Tier (NTI) downgraded to Neutral from Outperform at Macquarie... S&T Bancorp (STBA) downgraded to Neutral from Buy at Guggenheim... T. Rowe Price (TROW) downgraded to Equal-Weight from Overweight at Evercore... Tahoe Resources (TAHO) downgraded to Hold from Buy at Canaccord... Tractor Supply (TSCO) downgraded to Market Perform from Outperform at William Blair... UnitedHealth (UNH) downgraded to Hold from Buy at Jefferies... Waddell & Reed (WDR) downgraded to Neutral from Buy at Citigroup... Washington Trust Bancorp (WASH) downgraded to Neutral from Buy at Guggenheim.
07:39 EDTINGRIngredion downgraded to Equal Weight from Overweight at Stephens
Stephens downgraded Ingredion to Equal Weight due to valuation and lack of earnings visibility due to issues in Argentina and slowing emerging market growth. Price target raised to $80 from $74.
July 8, 2014
08:00 EDTINGRIngredion has positive read through from WILD deal, says KeyBanc
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