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Coca-Cola and Heinz Announce Partnership to Expand Use of PlantBottle Packaging
Wednesday, February 23, 2011 - 11:13am | 92The Coca-Cola Company (NYSE: KO) and H.J. Heinz Company (NYSE: HNZ) today announced a strategic partnership that enables Heinz to produce its ketchup bottles using Coca-Cola's breakthrough PlantBottle packaging. The PET plastic bottles are made partially from plants and have a lower reliance on...
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Gabelli Lowering Estimates On Dr. Pepper Snapple (DPS)
Friday, February 18, 2011 - 10:02am | 117Gabelli & Co. is lowering its earnings estimates on shares of Dr. Pepper Snapple (NYSE: DPS). In the research note, Gabelli writes, "We are lowering our 2011E EPS to $1.75 per share, from $1.85, due to higher than expected commodity cost headwinds. We believe the brand and distribution...
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Fast Money Pops & Drops, February 17th (EMN, AXP, DPS, CSTR, STI, BAC, GMCR, SBUX)
Thursday, February 17, 2011 - 8:32pm | 374On CNBC's Fast Money Pops & Drops, Guy Adami said that he likes Eastman Chemical Company (NYSE: EMN) despite the big run. He explained that Eastman Chemical Company (EMN) gained 2.62% today on the news that the company has approved a $300 million worth repurchase of the common stock. American...
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Calls Purchased on Hansen Natural Corporation (HANS)
Thursday, February 17, 2011 - 3:08pm | 158Shares of Hansen Natural Corporation (NASDAQ: HANS) are higher on the session by 0.51%, currently trading at $57.55. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving average. Options traders are buying calls on the name...
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The Coca-Cola Company Appoints Ace Limited CEO as Director
Thursday, February 17, 2011 - 3:07pm | 59The Board of Directors of The Coca-Cola Company (NYSE: KO) today elected Evan G. Greenberg as a Director of the Company, effective immediately. Mr. Greenberg, 56, is Chairman, President and Chief Executive Officer of ACE Limited (NYSE: ACE), a global insurance and reinsurance company.
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Calls Purchased on Heckmann Corporation (HEK)
Thursday, February 17, 2011 - 3:04pm | 132Shares of Heckmann Corporation (NYSE: HEK) are higher on the session by 2.71%, currently trading at $5.31. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving average. Options traders are buying calls on the name today. A...
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News Summary
Thursday, February 17, 2011 - 10:34am | 260Shares of Apache Corp (NYSE: APA) dropped about 0.7% after the company reported its Q4 earnings at $670 million, or $1.77 per share, versus $582 million, or $1.72 per share, in the year-earlier period. The company's adjusted earnings increased to $2.19 per share from $1.96 per share. The company's...
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Dr Pepper Snapple Group Reports Q4 EPS of $0.67 vs. $0.64
Thursday, February 17, 2011 - 9:03am | 60Dr Pepper Snapple Group, Inc. (NYSE: DPS) reported fourth quarter 2010 diluted earnings of $0.49 per share compared to $0.44 per share in the prior year period. Excluding the loss on the early retirement of a portion of the 6.82% 2018 notes and certain tax-related items, diluted earnings per share...
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US Stock Futures Mixed As Investors Await CPI, Jobless Claims Data
Thursday, February 17, 2011 - 7:30am | 473US stock futures are mixed this morning, as investors are awaiting the data on jobless claims and consumer prices. Futures on the Dow Jones Industrial Average gained 8 points to 12,260.00, while S&P 500 futures dropped 1.80 points to 1,331.20. Nasdaq 100 futures fell 3.50 points to 2,388.50....
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Earnings Scheduled For February 17 (DPS, INTU, PCG, H, APA, DUK, AU, JWN, SJM, ABX, EOG, ECL, WM)
Thursday, February 17, 2011 - 4:14am | 342Dr Pepper Snapple Group Inc (NYSE: DPS) is expected to post its Q4 EPS at $0.64 on revenue of $1.40 billion. Intuit Inc (NASDAQ: INTU) is estimated to post its FQ2 earnings at $0.31 per share on revenue of $886.13 million. PG&E (NYSE: PCG) is projected to report its Q4 earnings at $0.73 per...
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Mad Money Lightning Round OT: Cramer Thinks That KO Should Be Bought (UAL, BPOP, ROVI, KO)
Wednesday, February 16, 2011 - 9:02pm | 269Jim Cramer said on CNBC's Mad Money Lightning Round OT that he wouldn't buy an airline company, but if you really have to own one, he can bless United Continental Holdings Inc (NYSE: UAL). United Continental Holdings Inc (UAL) gained 1.07% in the regular trading session, and it fell 1.06% in the...
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ACE Litigation Watch Highlights California Court Order Citing ACE Group for Improper Delay of Payments to Pepsico
Wednesday, February 16, 2011 - 10:31am | 238ACE Insurance Litigation Watch, the online repository for lawsuits against the ACE Ltd. insurance company (NYSE: ACE), today highlighted that the ACE subsidiary Century Indemnity Insurance Company, after being cited two months ago by the Los Angeles District Court for “egregious” delays of payments...
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The Coca-Cola Company and NBA Expand Global Marketing Partnership
Tuesday, February 15, 2011 - 12:59pm | 117The National Basketball Association (NBA) and The Coca-Cola Company (NYSE: KO) today announced a new multiyear extension of their longstanding global marketing partnership. The continuing association will showcase Sprite through exclusive programs designed to connect with the league's young and...
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Leading Brands Announces $500,000 Increase in Share Repurchase Program
Tuesday, February 15, 2011 - 9:36am | 59Leading Brands, Inc. (Nasdaq: LBIX) announces that its Board of Directors has authorized an increase in its share repurchase program of an additional $500,000 US for the purpose of acquiring the Company's outstanding common stock. As of today the Company has 3,636,936 shares outstanding, after...
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Analysis: Inflation Or Lack Of Profits
Monday, February 14, 2011 - 1:25pm | 366While the markets have soared almost every day on the back of QE-2, a smart investor must start taking note of one major issue. This issue is beginning to pop up in quarterly earnings announcements but has not caught the attention of the markets just yet. Inflation in commodities and growing input...