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Coca-Cola (KO) 4Q Profits Soar 55%, As Volumes Improve In Emerging Markets
Tuesday, February 9, 2010 - 12:46pm | 236Fourth-quarter profits at the world’s largest soft-drink maker, Coca-Cola Co (NYSE: KO), jumped 55% on rising volume in markets such as China and India. Lower costs also played a critical part in giving a boost to KO’s profits. The Atlanta-based company said its net income for the quarter rose to $...
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Unusual Moves Likely (ADCT, KO, LNC, ERTS, HAR, SRX)
Tuesday, February 9, 2010 - 11:10am | 200Bloomberg reports that the shares of six companies may show unusual trading movements. ADC Telecommunications (NASDAQ: ADCT) shares rose to $5.62 after the company announced that it had earned 10 cents per share in the first quarter, while analysts had only expected ADC to break even. Coca Cola (...
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Stock Market News for February 9, 2010 - Market News
Tuesday, February 9, 2010 - 9:15am | 473Stocks took another plunge Monday with the Dow average closing below 10,000 for the first time in three months as lingering worries about European government finances and a potential regulation spooked investors. In a sign that sentiments remain jittery, some better-than-expected profit reports...
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Stock Market News for February 8, 2010 - Market News
Monday, February 8, 2010 - 8:56am | 482Amid growing worries about Europe’s ability to control its public finances and an anemic labor market, stocks posted their fourth straight weekly decline even as the U.S. unemployment rate showed a surprise drop in January. Although stocks managed to stage a late comeback on Friday, after a sharp...
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Super Bowl 2010 Ads – HMC, UL, BUD, MOT, DPS, KO Are In, PEP Is Out
Friday, February 5, 2010 - 1:50pm | 357About a hundred million people tune into the Super Bowl, creating an opportunity that no advertiser dares to miss. Companies from across various industries use this forum to launch new products, create further demand for their existing products and build their brand image. In fact, good ads during...
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Near-term Outlook Positive for Cameron - Analyst Blog
Thursday, February 4, 2010 - 6:12pm | 525Oil drilling equipment maker Cameron International Corp. (CAM) is scheduled to report its fourth-quarter results on Tuesday, Feb 9, 2010, before the start of trading. The Zacks Consensus Estimate for Cameron's fourth quarter is 53 cents per share, compared to the 75 cents per share earned in year-...
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The Deficit: How To Protect Yourself
Thursday, February 4, 2010 - 11:37am | 1085Hello All, Its another brilliant day in America's capital. Unlike the sun shining outside, the fiscal news in Washington is somewhat more gloomy. As you are probably well aware, the Federal government is projected to rack up an additional $1.6 billion dollars in debt this year. If you're watching...
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Stock Market News for February 2, 2010 - Market News
Tuesday, February 2, 2010 - 9:26am | 503Stocks started a new month on a solid footing as encouraging economic data and a strong earnings report from Exxon Mobil bolstered investors’ appetite for riskier assets. Although Friday’s impressive GDP report had given some boost to wavering sentiments, it failed to stem the sell-off as...
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NYSE Earnings Roundup (DHI, WEC, PBG)
Tuesday, February 2, 2010 - 8:09am | 257D.R. Horton, Inc. (NYSE: DHI) reported today a first quarter net income of $192 million, or $0.56 per share, as compared to a net loss of $62.6 million, or $0.20 per share, for the same quarter last year. D.R. Horton increased 8.14% to $12.88 in the pre-market session. The 52-week trading range for...
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Top 5 Stocks for February 2, 2010 (UPS, WHR, PBG, KFT, HSY)
Tuesday, February 2, 2010 - 6:30am | 224Some stocks that might make a wave in the market today are: United Parcel Service (NYSE: UPS), which is scheduled for a results announcement before the market opens, is likely to report earnings of $0.73 per share for the latest quarter. UPS has a 52-week trading range of $37.99-$63.38 and its...
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Twitter And Facebook Help Raise Millions for Haiti Relief
Monday, January 18, 2010 - 8:22am | 175The Disasters Emergency Committee (DEC) has credited the privately held internet companies Twitter and Facebook with helping it raise over $13 million since last Wednesday when the charity posted an appeal on Twitter for donations to go towards Haitian relief efforts. The charity also set up a text...
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Super Bowl Ad Rates Down
Wednesday, January 13, 2010 - 3:33pm | 201The lingering effects of the financial crisis and recession have claimed another victim: Super Bowl ad rates. For only the second time in Super Bowl history, prices for the coveted Super Bowl ad spots have gone down. TNS Media Intelligence reports that 30 second ads to be aired on CBS (NYSE: CBS)...
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PepsiCo Best Bet In Beverages (PEP, CCE, SBUX)
Wednesday, January 13, 2010 - 12:33pm | 141Analysts at Deutsche Bank, in a recent report, have rated PepsiCo (NYSE: PEP) as the top Buy recommendation for 2010 from the beverages industry. Three factors justifying this rating are high earnings visibility, cost synergies due to U.S. bottler consolidation, and low current valuation against...
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PepsiCo to Continue Rally?
Tuesday, January 12, 2010 - 10:12am | 157PepsiCo (NYSE: PEP) is currently trading to the upside on this down day in the market and by a notable amount; currently the stock is up over 1.3%. PepsiCo is set to report earnings on February 11th and one trader is betting that the company will move higher into the number. The action comes on the...
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Coca-Cola Downgraded At J.P. Morgan (KO)
Friday, January 8, 2010 - 2:38pm | 139Coca-Cola Co. (NYSE: KO) was downgraded at J.P. Morgan (NYSE: JPM) today as analysts predicted that the next six months will be tough on consumer products companies. The downgrade was from overweight to neutral. The analyst, John Faucher, cited anticipated "sluggish top-line growth due to a weak...