Soft Drinks

U.S. stocks opened higher today. The Dow Jones Industrial Average jumped by 0.3% to 11,123 in early trading. Bank of America (NYSE: BAC) performed well by gaining 2.1%. Other top performers included Caterpillar (NYSE: CAT) and Alcoa (NYSE: AA), which gained 1.8% and 1.4% respectively. The surge was...

Coca-Cola Co (NYSE: KO) reported this morning that first-quarter profit rose 20% since last year, though EPS missed Street consensus by $0.05 per share. Revenue for the quarter increased 5% to $7.53 billion, though sales in North America continued to decline as consumers stayed away from the soft...

Easing worries about Goldman and strong profit numbers from Citigroup helped lift financial shares and the broader market even as speculation about possible changes to financial-industry regulations hovered over Wall Street. Stocks seesawed through afternoon as traders came to terms with the...

• IBM (NYSE:IBM) posted first quarter earnings of $1.97 versus $1.70 a year earlier on a 5% revenue increase to $22.9 billion, beating Zacks EPS estimates of $1.94 and revenue projections of $22.8 billion.  The firm also raised its full year guidance to at least $11.20 for the year, compared with...

Futures have a bullish tone heading into the open as Goldman Sachs (GS) and IBM managed to report a solid earnings report. Also later today, you have Coca-Cola (KO), Apple (AAPL) and Yahoo (YHOO) that are reporting. At 7:45am ET you have the weekly ICSC Goldman Store Sales, followed by the...

US stock market futures moved up slightly today, even as nervous investors absorbed reports of a fresh investigation into Goldman Sachs (NYSE: GS) just ahead of the results. While futures for the Dow Jones Industrial Average gained 11 points to 11055, those for the S&P 500 added 1.4 points to...

Coca-Cola Company (NYSE: KO) reported its first-quarter results today. The company reported a profit of $1.61 billion, or $0.69 per share in its first-quarter, compared with a profit of $1.35 billion, or $0.58 per share it reported for the same period last year. Excluding certain items such as the...

Goldman Sachs (NYSE: GS) expects to post its EPS at $4.01 for the latest quarter. GS’ shares have moved up by 2.56% to close at $167.50 in pre-market trading. Apple (NASDAQ: AAPL) is likely to announce its EPS at $2.44 for the second quarter. APPL’s shares are up 0.56% to close at $248.45 in the...

Futures have a bullish tone heading into the open as Goldman Sachs (GS) and IBM managed to report a solid earnings report. Also later today, you have Coca-Cola (KO), Apple (AAPL) and Yahoo (YHOO) that are reporting. At 7:45am ET you have the weekly ICSC Goldman Store Sales, followed by the...

Just when Wall Street was preparing for another strong weekly finish, civil fraud charges against one of the most powerful firms on Wall Street surfaced, rattling financial markets and sending stocks tumbling the most in two months.  Goldman Sachs, the firm in question, was accused by the U.S....

Analysts at Citigroup maintain their "buy" rating on The Coca-Cola Company (NYSE: KO). The target price for KO is set to $62. KO’s Q1 sales are likely to increase 5.5%, representing a marginal improvement from 4Q09. Citigroup expects “f/x to continue to be a tailwind in the quarter, though to a...

The new Coca Colla drink produced in Bolivia gives new meaning to the old saying "It's the Real Thing." The drink, which comes in a red label bottle, is made with coca leaves. Coca is also the primary ingredient of cocaine. The first half of the name of the drink obviously comes from coca, but the...

The economic calendar is relatively light this week so earnings will be the primary focus. With the market’s big run into earnings it’s now well known that earnings are going to be very good yet again so the onus might be on outside catalysts to continue the bull market.  It will be interesting to...

New York is synonym of city, innovation, communication and finance, but New York is also a manufacturing and agricultural state. New York produces dairy products, cattle, vegetables and more. The state produces and exports minerals, automobile parts, computers and electronics, and chemical products...