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Deutsche Bank's Beer Beverage Industry Report
Friday, September 10, 2010 - 9:23am | 257Deutsche Bank's Beer Report: Annheuser-Busch InBev (EBR: ABI) (NYSE: BUD) is continuing to emphasize global brands, focusing on profitability over volume, and long-term growth of US volume despite 2009 declines, Deutsche Bank reports. Concerns are the possible lack of flexibility on promotion to...
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Jefferies Reiterates Buy Rating on Central European Distr. (CEDC)
Thursday, September 9, 2010 - 8:19am | 136Jefferies & Company is out with a research report this morning, where it reiterates its Buy rating on Central European Distribution Corp. (NASDAQ: CEDC); it has a $33.00 price target on the stock, down from $37.50. The analysts cited the company’s recent earnings report, which has forced them...
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Raise A Glass Of Wine To Constellation Brands
Tuesday, September 7, 2010 - 9:39am | 63Constellation Brands, Inc. (NYSE: STZ) has reported market share gains in US Wine, after showing since April 2009 STZ's wine market posted consistent declines until the four week period ending August 7, 2010, when STZ posted a market share gain of 0.2 points to 15.6%. Citigroup reiterates its Buy...
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Zacks Analyst Blog Highlights: Burger King Holdings, McDonald's, Diageo, Krispy Kreme Doughnuts and Cooper Companies - Press Releases
Tuesday, September 7, 2010 - 7:33am | 1738For Immediate Release Chicago, IL – September 7, 2010 – Zacks.com Analyst Blog features: Burger King Holdings Inc. (BKC), McDonald's Corp. (MCD), Diageo plc (DEO), Krispy Kreme Doughnuts Inc. (KKD) and Cooper Companies Inc. (COO ). Get the most recent insight from Zacks Equity Research with...
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Burger King Soars on Buyout Talk - Analyst Blog
Friday, September 3, 2010 - 8:06am | 602Burger King Holdings Inc. (BKC) shares jumped 16.7% to $19.19 on Wednesday pre-market trading, on the news that the company is in talks with potential buyers. The two interested parties can be a British private-equity firm 3i Group Plc, and a private investment firm 3G Capital Management. One...
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Burger King to be Bought by 3G - Analyst Blog
Friday, September 3, 2010 - 7:36am | 887Burger King Holdings Inc. (BKC), the world’s second-largest hamburger chain after McDonald's Corp. (MCD), announced that it is being acquired by a private investment firm 3G Capital for $24 per share, or $4.0 billion, including the debt of the company. The offer price is at a 46% premium to the...
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Diamonds and Scotch: The Rich Man’s Recession is Over
Thursday, September 2, 2010 - 4:07pm | 995We appear to have a tale of two consumers. Consider these two headlines from the August 30 edition of the Financial Times: “Luxury goods enjoy boom as mass-market stores suffer.” “US consumers split into two camps” It may seem somewhat counterintuitive, but there is actually a mild boom underway...
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Top British Companies That Trade On the New York Stock Exchange
Wednesday, September 1, 2010 - 12:47am | 735Number 11 Wall Street is home to the world’s largest stock exchange. The New York Stock Exchange (NYX) dominates all other foreign markets as it sees an average daily trading volume in excess of $150 billion. There are many countries that have companies that are represented on the Exchange and...
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Zacks Analyst Blog Highlights: The Hain Celestial Group, Monster Worldwide, Yahoo!, Tiffany & Company and Diageo Plc. - Press Releases
Friday, August 27, 2010 - 7:03am | 1838For Immediate Release Chicago, IL – August 27, 2010 – Zacks.com Analyst Blog features: The Hain Celestial Group Inc. (HAIN), Monster Worldwide, Inc. (MWW), Yahoo! Inc. (YHOO), Tiffany & Company (TIF) and Diageo Plc. (DEO ). Here are highlights from Thursday’s Analyst Blog: Hain Celestial...
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Diageo Posts Higher Profit - Analyst Blog
Thursday, August 26, 2010 - 12:33pm | 469Diageo Plc.’s (DEO) fiscal 2010 net income from continuing operations grew 1.5% to £1.63 billion ($2.58 billion) from £1.61 billion in the year-ago period. Earnings per share came in at £0.65 ($4.11 per ADR), compared to £0.64 per share in the year-ago quarter. Net sales recorded growth of 5% year-...
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Top Narrow Based Indexes For August 23 (PAR, NGLPF, MGPI)
Monday, August 23, 2010 - 12:06pm | 217By 12:23 pm, the Dow Jones Industrial Average was down 5.07 points, or 0.05%, to 10,208.55, while the broader Standard & Poor's 500 index had gained 0.23 points, or 0.02%. The NASDAQ composite index fell 10.54 points, or 0.08%. Some of the narrow based indexes that are supporting the market...
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Constellation Brands Showing Improved Share Trends
Monday, August 23, 2010 - 9:33am | 94Constellation Brands, Inc. (NYSE: STZ) has finally posted market share gains in U.S. Wine, according to Citigroup, after reporting consistent declines associated with distribution consolidation. Citigroup reports that the distribution change has been proving to be successful as these trends have...
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Citi Reiterates Buy On Constellation Brands (STZ)
Monday, August 23, 2010 - 8:32am | 130Citi Investment Research is reiterating its Buy rating and $21 price target on Constellation Brands, Inc. (NYSE: STZ). In the research report, Citi Investment Research writes, "STZ Finally Posts Market Share Gains in U.S. Wine - Since April 2009, STZ’s U.S. wine market shares in tracked-channels...
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CEDC’s Withdrawal From Nemiroff Sale Process Is A Positive Development
Wednesday, July 7, 2010 - 10:42am | 235Analysts at JP Morgan maintain their "overweight" rating on Central European Distribution Corp (NASDAQ: CEDC). CEDC has withdrawn from the Nemiroff sale process. JP Morgan mentions, “We believe that the market will see this as a positive development. It avoids CEDC either further gearing up its...
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CEDC Withdraws From Nemiroff Acquisition
Wednesday, July 7, 2010 - 10:38am | 203Analysts at Deutsche Bank reiterate their "buy" rating on Central European Distribution Corp (NASDAQ: CEDC). The target price for CEDC is set to $36. According to Deutsche Bank, “CEDC announced that it has withdrawn from the second round of tender regarding Nemiroff, a leading Ukrainian vodka maker...