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A Peek Into The Market Before The Trading Starts
Thursday, August 18, 2011 - 6:31am | 347Pre-open movers US stock futures are lower this morning, as investors are awaiting economic data. Futures for the Dow Jones Industrial Average dipped 183 points to 11,198.00 and S&P 500 index futures fell 23.10 points to 1,166.80. Nasdaq 100 futures dropped 44.75 points to 2,130.50. A Peek...
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Coca-Cola Invests $4 Billion for Long-Term Sustainable Growth in China
Thursday, August 18, 2011 - 5:54am | 82The Coca-Cola Company (NYSE: KO) and its Chinese bottling partners today announced a new investment of US$4 billion over the next three years, commencing 2012. By the end of 2011, Coca-Cola and its China bottling partners Swire Beverages Ltd. and COFCO Coca-Cola Beverage Co., Ltd. will have...
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Dublin Dr Pepper Responds to Texas Lawsuit Filed by Corporate Partner
Wednesday, August 10, 2011 - 8:08am | 130Dr Pepper Bottling Company of Dublin, Texas, has issued a response to a federal lawsuit filed against the family-owned company by the corporate entity controlled by Plano, Texas-based Dr Pepper Snapple Group Inc. (NYSE: DPS). In the lawsuit filed June 30, Dr Pepper Snapple has asked a federal...
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Safety Stocks Getting Whacked
Tuesday, August 9, 2011 - 11:40am | 339Consumer staples perform "extremely well" in times of market turmoil, serving as an excellent place to hide during market collapses and times of economic uncertainty. High dividends combined with consistent earnings provide some sense of relief even during the bleakest of moments. Recent events...
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Where to Invest When the Market Crashes
Monday, August 8, 2011 - 9:37pm | 543Some investors believe that low priced stocks are the best ones to invest in during a market crash because they can have the biggest percentage upside when the market recovers. Other investors think that sticking with the large caps is the way to go in case market bottom is missed by investing too...
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Weight Watchers Getting Eaten Alive
Friday, August 5, 2011 - 2:06pm | 637Popular weight-loss company Weight Watchers (NYSE: WTW) is down 16 percent today, despite beating estimates in both earnings and sales for the second quarter. Theories as to why the market took a bite out of Weight Watchers are as plentiful as their two-point snack bar flavors. The theory is that...
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The Second Richest Man In The World Can't Get Any Help
Thursday, August 4, 2011 - 1:32pm | 612Everyone says it pays to be rich. Well how about if you're the second richest man in the world? I guess not, according to this Bloomberg article. Warren Buffett's Berkshire Hathaway Inc. (NYSE: BRK-A) does not have a single buy rating on shares, despite being the cheapest it has been since the...
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Who Will Replace Kraft in the Dow Jones Industrial Average? -Street Insider
Thursday, August 4, 2011 - 10:31am | 111With Kraft (NYSE: KFT) splitting into two companies, it is possible it will be removed from the Dow Jones Industrial Average. Apple (NASDAQ: AAPL) is considered the favorite as the next Dow component, but other possibilities include Google (NASDAQ: GOOG), Amazon.com (NASDAQ: AMZN), Pepsi (NYSE: PEP...
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The Coca-Cola Company Prices $2.0B of Senior Notes
Wednesday, August 3, 2011 - 3:21pm | 121The Coca-Cola Company (NYSE: KO) today announced that it priced $1.0 billion aggregate principal amount of 1.80% senior notes due 2016 and $1.0 billion aggregate principal amount of 3.30% senior notes due 2021, in a private placement with institutions under Rule 144A and to non-U.S. persons under...
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Citi Maintains Coca-Cola Buy, $74 PT
Wednesday, August 3, 2011 - 2:50pm | 85Citi maintained its Coca-Cola (NYSE: KO) Buy rating and $74 price target in a research report published today. In the report, Citi states, "KO generated free cash flow of $2.5 billion during the six months ended July 1, below the $3.4 billion in free cash flow generated in the year-ago period. The...
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The Coca-Cola Company to Commence Exchange Offer
Wednesday, August 3, 2011 - 9:18am | 174The Coca-Cola Company (NYSE: KO) today announced that it plans to commence an 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, in exchange for a combination of debt...
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The Coca-Cola Company Announces $2.0B of Senior Notes Offering
Wednesday, August 3, 2011 - 9:17am | 131The Coca-Cola Company (NYSE: KO) today announced that it intends to sell $1.0 billion aggregate principal amount of senior notes due 2016 and $1.0 billion aggregate principal amount of senior notes due 2021, subject to market and other conditions, in a private placement with institutions under Rule...
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Hedge Fund Manager Barton Biggs: Buy Stocks Aggressively
Wednesday, August 3, 2011 - 6:25am | 65Says it's time to buy when people are panicking. His picks include Caterpillar (NYSE: CAT), Deere (NYSE: DE), Proctor & Gamble (NYSE: PG) and Coca-Cola (NYSE: KO). Biggs made those comments appearing on Bloomberg.
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Part II: Top 20 ETFs Under $20
Monday, August 1, 2011 - 1:40pm | 570In the second part of our four-part series, Benzinga continues its look at the top-20 ETFs currently trading under $20. As a reminder, ETFs can make the list by a combination of factors, including their volatility that can be useful to short-term traders and their potential to eventually cross the...
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JP Morgan Reiterates Neutral on Coca-Cola Enterprises, Raises PT to $36
Friday, July 29, 2011 - 7:50am | 43JP Morgan reiterated its Neutral rating on Coca-Cola Enterprises (NYSE: CCE). At the same time, the rating agency raised its price target on the company's stock from $30 to $36. On Thursday, CCE closed the day at $28.31.