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Midday Movers; Smart Technologies up 7%
Wednesday, August 31, 2011 - 12:13pm | 122SMART Technologies (NASDAQ: SMT) +7.08% on heavy volume. E TRADE Financial (NASDAQ: ETFC) +7.73% on average volume. Crosstex Energy (NASDAQ: XTXI) +5.59% on heavy volume. Century Aluminum Company (NASDAQ: CENX) +5.00% on Goldman Sachs upgrade to Neutral. TriQuint Semiconductor (NASDAQ:...
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The Coca-Cola Company Announces Expiration of Previously Announced Exchange Offer
Wednesday, August 31, 2011 - 7:45am | 203The Coca-Cola Company (NYSE: KO) today announced the expiration of its offer to certain eligible holders to exchange specified series of outstanding debt securities issued by Coca-Cola Refreshments USA, Inc., a wholly-owned subsidiary of the Company, for a combination of debt securities to be...
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Stocks Hitting 52-Week Highs
Tuesday, August 30, 2011 - 9:13am | 121PHI Inc (NASDAQ: PHII) shares jumped 17.94% to create a new 52-week high of $26.36. PHI's trailing-twelve-month revenue is $511.35 million. Monro Muffler Brake Inc (NASDAQ: MNRO) shares gained 2.41% to touch a new 52-week high of $40.35. MNRO shares have surged 47.34% over the past 52 weeks, while...
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Reed's Announces Distribution Agreement With Crescent Crown Distributing
Tuesday, August 30, 2011 - 8:16am | 66Reed's, Inc. (NASDAQ: REED) announced today that it has formed a distribution agreement with Crescent Crown Distributing of Louisiana. Crescent Crown, a TOP FIVE beer distributor in the US, begins full-service direct store delivery distribution of Reed's and Virgil's brands throughout southern...
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Market Update
Monday, August 29, 2011 - 8:38am | 137Shares of Jones Soda Co (NASDAQ: JSDA) gained about 4.5% after the company announced the resignation of Chief Financial Officer Michael O'Brien. Shares of Energy Partners (NYSE: EPL) rose about 4.7% after the company's Board of Directors authorized a program for the repurchase of shares of its...
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Scotia Capital Maintains Sector Outperform on Coca-Cola FEMSA FEMSA
Monday, August 29, 2011 - 8:28am | 76Scotia Capital is out with its report today on Coca-Cola FEMSA (NYSE: KOF), maintaining Sector Outperform. In its report, Scotia Capital writes, "KOF's new corporate structure will merge its Mexico and Central America divisions into a single reporting line, which will be headed by Mr. Ernesto...
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Jones Soda Announces Resignation of CFO Michael O'Brien
Monday, August 29, 2011 - 5:51am | 88Jones Soda Co. (NASDAQ: JSDA) today announced the resignation of Chief Financial Officer Michael O'Brien. Jones has initiated a search for O'Brien's replacement. O'Brien was hired as chief executive officer for Jones in 2008 and has worked in that capacity since, serving under two chief executive...
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UPDATE: Reed's, Inc: FDA Raises Questions Regrading Proper ID Required In Labeling; Inquiry Won't Have Material Impact On Business
Thursday, August 25, 2011 - 8:18am | 220Reed's, Inc. (NASDAQ: REED) received a letter from the Irvine office of the Food and Drug Administration (FDA) alerting the company to concerns about the language describing the ingredients of two of its non-mainstream products. While the language and descriptions were not misleading or inaccurate...
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Reed's Statement Regarding FDA Inquiry
Thursday, August 25, 2011 - 8:17am | 161Reed's, Inc. (NASDAQ: REED) received a letter from the Irvine office of the Food and Drug Administration alerting the company to concerns about the language describing the ingredients of two of its non-mainstream products. While the language and descriptions were not misleading or inaccurate, the...
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UPDATE: Morgan Stanley Initiates Dr. Pepper Snapple Group at Equal-Weight
Wednesday, August 24, 2011 - 8:02am | 110Morgan Stanley is out with its report today on Dr. Pepper Snapple Group (NYSE: DPS), initiating DPS at Equal-weight. In its report, Morgan Stanley writes, "We initiate coverage of DPS at EW. Valuation looks undemanding at 8.2x 2012e EV/EBITDA, but appropriately discounts leverage to slower growth...
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Morgan Stanley Initiates Dr. Pepper Snapple At Equal-weight
Wednesday, August 24, 2011 - 5:32am | 23Morgan Stanley has initiated coverage on Dr. Pepper Snapple (NYSE: DPS) with an Equal-weight rating.
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Morgan Stanley Initiates Cott At Equal-weight
Wednesday, August 24, 2011 - 5:30am | 22Morgan Stanley has initiated coverage on Cott Corporation (NYSE: COT) with an Equal-weight rating.
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Reed's Expands Distribution Into Total Wine & More Stores
Tuesday, August 23, 2011 - 8:15am | 80Reed's, Inc. (NASDAQ: REED) announced today that it has gained distribution authorization for all Total Wine & More stores in the US for both Reed's and Virgil's. Total Wine & More is the largest independent fine wine retailer in the country and is the only major fine wine company to...
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5 stocks to watch next week
Friday, August 19, 2011 - 6:29pm | 1394( click to enlarge ) Hansen Natural Corporation (NASDAQ:HANS) is flagging right here. If we get a breakout from that flag, this stock could see higher prices quickly. ( click to enlarge ) Eastman Kodak Company (NYSE:EK) has had a strong move up to this point and could be consolidating here...
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Reed's, Inc. Announces Expanded Distribution Into All Winn-Dixie Stores
Thursday, August 18, 2011 - 8:15am | 113Reed's, Inc. (NASDAQ: REED) announced today that it has gained expanded distribution in all Winn-Dixie supermarket locations in the southern region. Founded in 1925, Winn-Dixie Stores (NASDAQ: WINN) is headquartered in Jacksonville, Florida. The Company currently operates 484 stores in 21 DMAs...