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JP Morgan Raises PT On Coca-Cola Company To $80
Wednesday, July 20, 2011 - 6:36am | 27JP Morgan has raised the price target on Coca-Cola Company (NYSE: KO) from $72 to $80 and maintains its Overweight rating.
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Stocks to Watch for Wednesday 7/20/2011: Fresh 52 Week Highs and Lows
Wednesday, July 20, 2011 - 12:51am | 3102Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Tuesday's trading session (listed from highest total volume to lowest): 1) Apple (NASDAQ: AAPL): Shares of Apple...
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Malus domestica Produces 07-19-2011
Tuesday, July 19, 2011 - 5:41pm | 973Cusick's Corner AAPL: in the infamous words of Harry Caray, "Holy Cow!" The large cap Tech company blew earnings away and still led with conservative guidance, no surprise, into Q3. While the NASDAQ futures popped, the S&Ps have muted reaction to the After Hours news, further stressing that...
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Will AAPL Succumb to Gravity? 07-19-2011
Tuesday, July 19, 2011 - 2:21pm | 1030Cusick's Corner GS reports bad numbers, the market goes up -- that is strong. Finance continues to lag the market, but one thing that traders and investors cannot ignore is that when rates do move, money will cycle into this sector. At this stage the conviction is in Tech and traders are waiting...
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Wall Street Strategies Reiterates Buy On Coca-Cola
Tuesday, July 19, 2011 - 2:21pm | 146Wall Street Strategies is out with a research report on Coca-Cola (NYSE: KO) after the company reported earnings this morning. It is reiterating its Buy rating and $74 price target on shares. In the note, WSS writes, "The Company reported that revenues increased 46.7% to $12.73 billion from $8....
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Trade Alert: Markets Rally As Fear Fades
Tuesday, July 19, 2011 - 11:14am | 206The markets are in rally mode as fear is fading around the globe. Earnings are giving investors a fresh reason to buy the markets and the Dollar is dropping. Yesterday, International Business Machines Corp. (NYSE: IBM) reported solid quarterly results. This morning, more great reports emerged from...
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The Coca-Cola Company Hits New 52-Week High at $68.90
Tuesday, July 19, 2011 - 9:13am | 77Many traders and investors see the 52-week high or low as an important indicator. Stocks that have a long-term trend in a certain direction are likely to continue, as that trend is the path of least resistance. In this case, shares of The Coca-Cola Company (NYSE: KO) are hitting new 52-week...
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Goldman Sachs Maintains Buy on Coca-Cola
Tuesday, July 19, 2011 - 8:36am | 129Goldman Sachs is out with its report today on Coca-Cola (NYSE: KO), maintaining Buy. In a note to clients, Goldman Sachs writes, "KO reported 2Q2011 EPS of $1.17, which was ahead of our $1.15 estimate and consensus of $1.16. The beat was of high quality, as both revenues and EBIT came in above...
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Citi Maintains Buy on Coca-Cola
Tuesday, July 19, 2011 - 8:28am | 135Citi is out with its report today on Coca-Cola (NYSE: KO), maintaining Buy. In a note to clients, Citi writes, "KO is trading at roughly 16x our 2012 EPS estimate, which represents a 24% premium to the market multiple, and is exactly in line with the stock's historical average valuation. Given the...
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Longbow Upgrades Hansen Natural To Neutral
Tuesday, July 19, 2011 - 8:10am | 19Longbow has upgraded Hansen Natural (NASDAQ: HANS) from Sell to Neutral.
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Earnings Roundup
Tuesday, July 19, 2011 - 8:01am | 896Harley-Davidson Inc (NYSE: HOG) reported a strong rise in its second-quarter net income and lifted its forecast of shipments for the full year. HOG's quarterly profit increased to $190.6 million, or $0.81 per share, from $71.2 million, or $0.30 per share, in the year-ago quarter. Its revenue...
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UPDATE: Coca-Cola Reports 18% Rise In Q2 Profit
Tuesday, July 19, 2011 - 7:05am | 64Coca-Cola Co (NYSE: KO) reported an 18% rise in its second-quarter profit. KO's quarterly profit surged to $2.8 billion, or $1.20 per share, from $2.37 billion, or $1.02 per share, in the year-earlier quarter. Its revenue climbed 47% y/y to $12.74 billion from $8.67 billion. Analysts were...
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News Summary for July 19, 2011
Tuesday, July 19, 2011 - 6:53am | 601This is your Benzinga news summary and traders' outlook for Tuesday, July 19, 2011, covering headlines from overnight and Tuesday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading higher after several blue-chip companies reported positive quarterly...
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US Stock Futures Up As Investors Await Earnings Reports
Tuesday, July 19, 2011 - 5:26am | 417US stock futures are higher this morning, as investors are awaiting quarterly earnings from major companies. Futures on the Dow Jones Industrial Average surged 71 points to 12,399.00 and futures on the S&P 500 stock index rose 8.30 points to 1,308.70. Nasdaq 100 futures gained 15.75 points to 2...
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Earnings Scheduled For July 19
Tuesday, July 19, 2011 - 2:20am | 474Harley-Davidson Inc (NYSE: HOG) is projected to report its Q2 EPS at $0.71 on revenue of $1.26 billion. Yahoo! Inc (NASDAQ: YHOO) is projected to report its Q2 earnings at $0.18 per share on revenue of $1.11 billion. Bank of America Corporation (NYSE: BAC) is expected to post a Q2 loss at $0.90...