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Morgan Stanley Remains Overweight On PepsiCo
Friday, July 22, 2011 - 6:49am | 93According to Morgan Stanley, PepsiCo (NYSE: PEP) Overweight rating is maintained. Morgan Stanley said that it is removing PEP from Morgan Stanley's Best Ideas list given the stock now lacks a near-term catalyst with PEP's negatively revised 2011 guidance. “However, we still remain Overweight for...
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Bank of America Merrill Lynch On PEP Consumer Outlook
Friday, July 22, 2011 - 6:30am | 88Bank of America Merrill Lynch has issued a report detailing that weak consumer outlook has hit PepsiCo's (NYSE: PEP) guidance. According to the report, "Pepsi reported 2Q11 EPS growth of +10% to $1.21, in line with consensus. Reported revenue rose +13.7% to $16.8bn and profits rose +4.8% to $2.8bn...
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Running of the Bulls 07-21-2011
Thursday, July 21, 2011 - 6:18pm | 886Cusick's Corner Major markets continue to be in full bull mode while the debt talks continue. The Volatility Index (VIX) is down to 17.56 (see Index Trading) because the latest earnings-reporting season has been mostly upbeat. Merger mania is on -- pharmacy benefits management company Express...
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Rally Broad-Based 07-21-2001
Thursday, July 21, 2011 - 2:48pm | 971Cusick's Corner Stocks are up on earnings and Europe appears closer to a Greek bailout plan. This rally is broad-based; all sectors are in the green with Financials, XLF, and Energy, XLE, leading the pack. See you After Hours. Stocks are broadly higher with help from earnings and diminishing...
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PepsiCo Down Over 4% Despite Inline Earnings
Thursday, July 21, 2011 - 1:26pm | 44PepsiCo (NYSE: PEP) is down over 4% despite the earnings being inline this morning. The company reported Q2 EPS of $1.21 vs. $1.21 Est and revenues $16.83B vs. $16.41B Est. PepsiCo is currently trading at $65.44, a loss of $3.05 or 4.45%.
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Dividend Stock ETFs vs. Dividend Stock Mutual Funds
Thursday, July 21, 2011 - 11:13am | 98When it comes to dividend stock investing for a retirement portfolio, investors have the following three ways: Invest in dividend stocks directly. Invest[...more...] (MCD) (CVX) (SPX) (COP) (PEP) (KO) (UTX) (IBM) (PG) (XOM...
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UPDATE: Jefferies Raises PT on Hansen Natural to $90
Thursday, July 21, 2011 - 8:06am | 104Jefferies is out with its report today on Hansen Natural (NASDAQ: HANS), raising its PT from $85 to $90. In a note to clients, Jefferies writes, "We remain buyers for 3 reasons: 1) Monster Energy brand winning market share in fastest growing beverage category, 2) we believe Monster is in just 2nd...
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UPDATE: PepsiCo Reports 18% Increase In Q2 Profit
Thursday, July 21, 2011 - 6:26am | 73PepsiCo Inc (NYSE: PEP) reported an 18% rise in its second-quarter profit. PEP's quarterly profit surged to $1.89 billion, or $1.17 per share, from $1.6 billion, or $0.98 per share, in the year-earlier period. Its core earnings surged to $1.21 per share from $1.10 per share. Its revenue climbed...
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Jefferies PT Changes For 7/21, Part 2
Thursday, July 21, 2011 - 5:41am | 191Jefferies & Company has changed the price target on the following companies: Hansen Natural Corp. (NASDAQ: HANS) Buy, PT from $85.00 to $90.00 Mattel, Inc. (NASDAQ: MAT) Buy, PT from $31.00 to $33.00 Nalco Holding (NYSE: NLC) Hold, PT from $30.00 to $38.80 Northern Trust (NASDAQ: NTRS) Hold...
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US Stock Futures Down As Investors Await Earnings Reports
Thursday, July 21, 2011 - 5:28am | 608US stock futures are lower this morning, as investors are awaiting earnings reports. Futures on the Dow Jones Industrial Average dipped 25 points to 12,482.00 and futures on the S&P 500 stock index fell 3.90 points to 1,317.40. Nasdaq 100 futures dropped 10.25 points to 2,371.50. US stocks...
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Earnings Scheduled For July 21
Thursday, July 21, 2011 - 2:30am | 479Advanced Micro Devices Inc (NYSE: AMD) is expected to report its Q2 EPS at $0.08 on revenue of $1.58 billion. Pepsico Inc (NYSE: PEP) is projected to report its Q2 EPS at $1.21 on revenue of $16.41 billion. Eli Lilly and Company (NYSE: LLY) is projected to report its Q2 EPS at $1.17 on revenue...
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Stocks To Watch For July 21
Thursday, July 21, 2011 - 1:37am | 279Some of the stocks that may grab investor focus today are: Wall Street expects Pepsico Inc (NYSE: PEP) to report its Q2 EPS at $1.21 on revenue of $16.41 billion. PEP shares fell 0.07% to close at $68.49 yesterday. Intel Corp (NASDAQ: INTC) reported upbeat results for the second quarter and...
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Six Attractively Valued Dividend Growth Stocks Reporting Earnings!
Wednesday, July 20, 2011 - 2:13pm | 3247Investors today have instant access to minute by minute changes in the stock prices of their portfolio holdings in real time. Since stock prices tend to fluctuate wildly from one day to the next, I for one do not feel that this information overload is a good thing. What makes matters even worse is...
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Gabelli Has Buy Rating On Coca-Cola
Wednesday, July 20, 2011 - 7:56am | 104Gabelli & Co. is out with a research report on Coca-Cola (NYSE: KO) after the company reported earnings yesterday. It has a Buy rating on shares. In a note to clients, Gabelli & Co. writes, "Currency is expected to deliver a mid single-digit operating income benefit in 2011, helping...
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Stifel Nicolaus Updates 7/20/11
Wednesday, July 20, 2011 - 7:38am | 335Stifel Nicolaus made a number of updates in a research report published today. Corporate Office Properties Trust (NYSE: OFC) had its rating upgraded from Sell to Buy. At the same time, its price target was put to $33. On Tuesday, OFC closed the day at $30.34. Fortinet, Inc. (NASDAQ: FTNT) had its...