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Got Gold Report: Gold, Silver COT Action Best Since 2009 (GLD, GDX)
Thursday, February 18, 2010 - 2:36pm | 247Largest short sellers rushing to exit gold, silver short positions The largest of the largest traders of gold futures on the COMEX in New York continued to drastically reduce their net short exposure to both gold and silver futures according to data in the latest Commodities Futures Trading...
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Coca-Cola (KO) Rises On 7.3% Hike In Quarterly Dividend
Thursday, February 18, 2010 - 1:20pm | 133Coca-Cola Co (NYSE: KO) said today that its board has approved a 7.3% hike in its quarterly dividend to $0.44, from $0.41 a share. KO has increased the dividend for the 48th consecutive year. Following the raise, KO’s annual dividend has risen to $1.76 per share, up from $1.64 per share in 2009....
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Tiger Trades (NKE, PEP, ERTS)
Thursday, February 18, 2010 - 12:03pm | 145As most people know Tiger Woods will be making a statement to the public tomorrow morning after being silent for about three months. This may bring about trading ideas, or at least places to look for movements based on what Tiger may be saying in his statement. Companies that still back Tiger and...
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Coca-Cola Co. (KO) Increases Dividend 7.3%
Thursday, February 18, 2010 - 11:55am | 47The Coca-Cola Co. (NYSE: KO) announced on Thursday that it would raise its quarterly dividend 7.3%, from 41 cents per share to 44 cents per share. The Coca-Cola Co. will pay the dividend on April 1 to all shareholders of record on March 15.
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Dr Pepper Snapple Group (DPS) Hires New CFO
Tuesday, February 16, 2010 - 6:30pm | 90Dr Pepper Snapple Group, Inc (NYSE: DPS) announced late Tuesday that Martin M. Ellen will become the beverage company's Chief Financial Officer and Executive Vice President Mr. Ellen comes to Dr Pepper Snapple Group after nearly 8 years serving as the Senior Vice President of Finance and Chief...
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My Top 30 Short Trade Setups
Thursday, February 11, 2010 - 9:59pm | 283Now that the market has finally had the chance to rally some, work off the oversold conditions (I feel like a broken record saying this) I'll be putting on some new short positions come tomorrow morning. I've heard already some chatter from folks getting more optimistic each day, which even more so...
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Coca-Cola Enterprises (CCE) To Raise Prices By 2% To 3%
Thursday, February 11, 2010 - 4:52pm | 93Coca-Cola Enterprises (NYSE: CCE) is planning to raise prices by 2% to 3%. The company is the biggest bottler of Coke products. The company saw a decline in sales volume in North America last year. However, executives are confident that the company can achieve higher prices and higher volumes...
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PepsiCo Nearly Doubles Its Profits in Q4
Thursday, February 11, 2010 - 1:56pm | 249The fourth-quarter earnings at PepsiCo Inc (NYSE: PEP) nearly doubled amid prior-year commodity hedging charges. The soda maker, which is acquiring its bottlers Pepsi Americas Inc and Pepsi Bottling Group Inc, said that it will reap larger-than-previously-expected cost savings from buying its...
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PepsiCo Nearly Doubles Its Profits in Q4
Thursday, February 11, 2010 - 1:49pm | 249The fourth-quarter earnings at PepsiCo Inc (NYSE: PEP) nearly doubled amid prior-year commodity hedging charges. The soda maker, which is acquiring its bottlers Pepsi Americas Inc and Pepsi Bottling Group Inc, said that it will reap larger-than-previously-expected cost savings from buying its...
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Pepsi Reports Strong Earnings (PEP)
Thursday, February 11, 2010 - 12:08pm | 78Pepsico, Inc. (NYSE: PEP) reported earnings of $1.434 billion or $0.90 per share compared to $719 million or $0.46 per share in the year ago period. This was in line with analysts estimates. Net revenue was $13.297 billion, which is 4.5% higher versus last year. Analysts had been expecting revenue...
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UBS Removes Coca-Cola From Most Preferred List (KO)
Thursday, February 11, 2010 - 10:02am | 103Michael Ching, COO of US Equities Research at UBS, as removed Coca Cola Co. (NYSE: KO) from its Most Preferred List. Mr. Ching explains, "We expect future productivity benefits to be partially offset by negative country mix on the margin line and do not see a near-term catalyst for KO shares at...
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Benzinga’s Top Pre-Market Losers (FLIR, PEP, SWIR, ELON, CADX)
Thursday, February 11, 2010 - 8:40am | 344FLIR Systems, Inc. (NASDAQ: FLIR) decreased 3.44% to $28.65 in the pre-market session. FLIR Systems reported today a fourth quarter earnings of $60.3 million, or $0.38 per share, as compared to $65 million, or $0.41 per share, for the same quarter last year. The 52-week trading range for FLIR is $...
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PepsiCo Affirms EPS Growth Target of 11 to 13 Percent for Fiscal 2010 (PEP)
Thursday, February 11, 2010 - 8:18am | 151For fiscal 2010, the PepsiCo (NYSE: PEP) is targeting an 11 to 13 percent growth rate for core constant currency EPS off of its fiscal 2009 core EPS of $3.71. This guidance assumes the company will close the bottling transactions by the end of February. The earnings guidance also reflects roughly...
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KO Enjoy Solid Volume Growth Momentum
Wednesday, February 10, 2010 - 4:02pm | 139Analyst Kaumil S Gajrawala of UBS maintains his "neutral" rating on Coca-Cola (NYSE: KO), while raising his estimates for the company. The target price for KO is set to $62. Coca-Cola posted inline earnings for Q4. Volumes were at the top end of KO’s long-term target, as double-digit growth in...
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Stock Market News for February 10, 2010 - Market News
Wednesday, February 10, 2010 - 9:23am | 560U.S. stocks rose, with the Dow Jones Industrial Average jumping back above 10,000, as hopes grew that a solution to rescue Greece from its gaping debt woes would be found soon. The blue-chip Dow average, which closed below the 10,000-mark for the first time in three months yesterday, rose as much...