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J.P Morgan Comments On Coca-Cola Enterprises In-Line Earnings Report
Monday, February 14, 2011 - 8:22am | 215Coca-Cola Enterprises (NYSE: CCE) reported comparable Q4 EPS of $0.28, in line with consensus and J.P Morgan's estimate. Revenue was slightly higher than JPM's estimate with help from an extra selling day in the quarter, partially offset by a slightly h\igher drag from FX. While the gross margin...
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Biotech Investing Tips For 2011
Sunday, February 13, 2011 - 10:22am | 1138Most investors understand the volatility associated with biotech stocks. Many avoid the sector altogether, horrified at stock charts that swing over 50% within a single trading day. Massive, sudden, and (seemingly) unpredictable price movements in the shares of biotech companies have given the...
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Goldman Has Buy On Hansen Natural (HANS)
Friday, February 11, 2011 - 12:59pm | 126Goldman Sachs is out with a research report on Hansen Natural Corp. (NASDAQ: HANS) and has a Buy rating and a $60 price target on shares. In a note to clients, Goldman writes, "We have received chain convenience store sales for energy drinks for the 4 weeks ended January 22, 2010. Total energy...
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Gabelli Maintains PepsiCO Hold (PEP)
Friday, February 11, 2011 - 10:26am | 74Gabelli & Company maintained its PepsiCo (NYSE: PEP) Hold rating in a research report published today. In the report, Gabelli states, "We expect PEP to earn $4.46 in 2011 growing to $4.90 in 2012; at around 13x our 2012P EPS, we believe the stock properly reflects the risk/reward considering a...
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Deutsche Bank Lowers PT on PepsiCo to $70 (PEP)
Friday, February 11, 2011 - 9:33am | 132Deutsche Bank is out with its report today on PepsiCo (NYSE: PEP), lowering its price target from $72 to $70. In a note to clients, Deutsche Bank writes, "We keep our 2011 EPS at $4.50, and lower 2012 from $4.96 to $4.93 (9% growth). We have stepped up revenue and repurchase estimate slightly, but...
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Goldman Sachs Lowers PEP Target To $77 From $78
Friday, February 11, 2011 - 7:55am | 20Goldman Sachs is lowering its PT on PepsiCo (NYSE: PEP) to $77 from $78.
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A Peek Into The Market Before The Trading Starts
Friday, February 11, 2011 - 7:48am | 592Pre-open movers US stock futures are lower this morning. Shares of Nokia Corp (NYSE: NOK) dropped in pre-market trading as the company unveiled partnership with Microsoft Corp (NASDAQ: MSFT). Futures for the Dow Jones Industrial Average dropped 39 points to 12,155, while those for the S&P 500...
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Coca-Cola Enterprises Reports 28 Cent EPS (CCE)
Friday, February 11, 2011 - 7:48am | 176Atlanta, Georgia-based Coca-Cola Enterprises, Inc. (NYSE: CCE) released financial results on Friday morning that were in-line with Wall Street estimates. Coca-Cola Enterprises, Inc announced that its 4th quarter net income rose to $97 million, or 28 cents per share, up from $91 million, or 27 cents...
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Coca-Cola Enterprises, Inc. Reports Q4 Earnings
Friday, February 11, 2011 - 7:38am | 83Coca-Cola Enterprises (NYSE: CCE) Q4 diluted earnings per common share were $0.28 on a pro forma and comparable basis. Total fourth-quarter revenue was $1.8 billion with comparable operating income of $144 million. Full-year 2010 diluted earnings per common share were $1.83, or $1.78 on a pro...
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Coca-Cola Enterprises Reports Q4 EPS of $0.28
Friday, February 11, 2011 - 7:35am | 55Coca-Cola Enterprises (NYSE: CCE) reports its Q4 EPS at $0.28, versus the consensus of $0.28. CCE reports its Q4 revenue at $1.8 billion, versus the consensus of $1.77 billion. CCE shares gained 0.39% to close at $26.00 yesterday. Read more from Benzinga's Company news.
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Earnings Scheduled For February 11 (CCE, BPL, SCG, CCJ, CHG, PPC)
Friday, February 11, 2011 - 3:55am | 159Coca-Cola Enterprises (NYSE: CCE) is projected to post its Q4 earnings at $0.28 per share on revenue of $1.77 billion. Buckeye Partners LP (NYSE: BPL) is expected to report its Q4 EPS at $0.95 on revenue of $696.37 million. Scana Corp (NYSE: SCG) is estimated to report its Q4 EPS at $0.73 on...
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Stocks To Watch For February 11 (KFT, SCG, EXPE, CCE, WYNN)
Friday, February 11, 2011 - 3:50am | 293Some of the stocks that may grab investor focus today are: Kraft Foods Inc (NYSE: KFT) reported its Q4 net income at $540 million, or $0.31 per share, compared with $710 million, or $0.48 per share, in the year-ago period. The company's net revenue surged 30% y/y to $13.8 billion. KFT shares fell 1...
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Eyes Were On Egypt 02-10-2011
Thursday, February 10, 2011 - 7:01pm | 858Cusick's Corner The market bounced on Egyptian President Mubarak's news conference where he vowed to step down in September. The Egypt ETF, EGPT, also bounced but we will have to see what happens if the crowds at Tahrir Square do not orderly dissipate. This news was expected -- Mubarak already...
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Safefty Trades Have Been Hit 02-10-2011
Thursday, February 10, 2011 - 3:49pm | 906Cusick's Corner With trade overnight mixed and disappointment from tech giant CSCO, the market looked pretty ominous until the beloved dip bid showed up. This has not returned the market to green but has lifted it off the worst levels of the session. The Claims Data on the surface looked excellent...
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The Hand That Rocks The Markets
Thursday, February 10, 2011 - 12:14pm | 452The markets reversed early losses and surged back to the flat line. Thank the Federal Reserve and their buy programs once again. QE-2 continues to be used on a daily basis in what is called POMO. This stands for permanent open market operations. The Federal Reserve buys treasuries from the banks...