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HSY

Hershey

$112.96

0.54 (0.48%)

, NSRGY

Nestle

$85.72

0.39 (0.46%)

08:23
01/08/18
01/08
08:23
01/08/18
08:23

Hershey, Ferrero vie for Nestle's U.S. candy unit, CNBC reports

Hershey (HSY), along with The Ferrero Group, submitted a final bid to acquire Nestle's (NSRGY) U.S. confectionery business, CNBC reports, citing sources familiar with the situation. The Nestle unit is valued at $2B-$2.5B, the sources say. Reference Link

HSY

Hershey

$112.96

0.54 (0.48%)

NSRGY

Nestle

$85.72

0.39 (0.46%)

HSY Hershey
$112.96

0.54 (0.48%)

10/27/17
SBSH
10/27/17
NO CHANGE
Target $130
SBSH
Buy
Hershey pullback yesterday a buying opportunity, says Citi
Citi analyst David Driscoll views the post-earnings pullback yesterday in shares of Hershey as a buying opportunity. The market was likely anticipating a guidance raise, Driscoll tells investors in a research note. He points out, however, that some of the earnings upside associated with 2017 has been reduced by higher than expected costs arising from increasing freight rates and transportation logistics. The analyst remains confident in Hershey's growth profile and raised his price target for the shares to $130 from $126.
12/18/17
BREN
12/18/17
UPGRADE
BREN
Hold
Hershey upgraded to Hold from Sell at Berenberg
12/18/17
WBLR
12/18/17
DOWNGRADE
WBLR
Market Perform
Amplify downgraded to Market Perform from Outperform at William Blair
William Blair analyst Jon Andersen downgraded Amplify Snack Brands (BETR) citing the takeover by Hershey (HSY).
12/19/17
BERN
12/19/17
NO CHANGE
Target $124
BERN
Outperform
Amplify Snack Brands deal appears 'reasonable strategic fit' for Hershey, says Bernstein
Bernstein analyst Alexia Howard notes that Hershey (HSY) announced that it entered into a definitive agreement to buy Amplify Snack Brands (BETR) for about $1.6B, with the deal expected to close in Q1 FY18 and financed through cash and new debt. The analyst believes this deal appears to be a "reasonable strategic fit" for Hershey and will likely help the company diversify the business from confectionary into savory, better-for-you snacks. Howard also expects Hershey to leverage lessons learned from its past M&A activities to manage the Amplify brands prudently. He reiterates an Outperform rating and $124 price target on Hershey's shares.
NSRGY Nestle
$85.72

0.39 (0.46%)

08/16/17
PIPR
08/16/17
NO CHANGE
Target $92
PIPR
Neutral
Kraft Heinz could have interest in Nestle divestitures, says Piper Jaffray
Piper Jaffray analyst Michael Lavery expects Kraft Heinz (KHC) to pursue further consolidation, likely in packaged food, and believes potential divestitures from Nestle (NSRGY) could fit the company's criteria well. Such a deal could boost Kraft's international scale and provide synergy savings in its U.S. frozen supply chain, the analyst tells investors in a research note. He maintains a Neutral rating on Kraft Heinz shares with a $92 price target.
10/04/17
MSCO
10/04/17
NO CHANGE
Target $62
MSCO
Overweight
'Third Wave' coffee shops still too small to hurt Starbucks, says Morgan Stanley
Morgan Stanley analyst John Glass said the emergence of more "Third Wave" coffee shops have fueled competitive fears for Starbucks (SBUX), but he contends that the absolute numbers of specialty chains with 10 or more units remain small and most data sources show smaller chains and independents are flat to slightly declining in number. Recent high profile investments in specialty coffee, such as JAB's purchases of Stumptown and Intelligentsia and Nestle's (NSRGY) majority stake in Blue Bottle, are making headlines, but the brands' competitive relevance may be overstated, Glass tells investors. The analyst, who added that the last time McDonald's (MCD) pushed into specialty coffee it had "no discernable negative impact on Starbucks, and arguably even a positive one," keeps an Overweight rating and $62 price target on Starbucks shares.
10/13/17
CHLM
10/13/17
NO CHANGE
Target $7
CHLM
Buy
Market just beginning to recognize Codexis opportunity, says Craig-Hallum
Craig-Hallum analyst Matt Hewitt says Codexis (CDXS) has a "unique proprietary CodeEvolver protein engineering platform" that is being sought by large pharma names, citing yesterday's announcement of a partnership with Nestle (NSRGY). Hewitt says that despite the recent stock price appreciation, the increasing value of the company's development pipeline suggests the markets is just starting to recognize the opportunity. The analyst has a Buy rating and a $7 price target on the stock.
11/21/17
WELS
11/21/17
NO CHANGE
WELS
Nestle acquisition of Hain makes sense, says Wells Fargo
Wells Fargo analyst John Baumgartner believes a Nestle (NSRGY) acquisition of Hain Celestial (HAIN) would make sense. Bloomberg last night reported that Nestle is among the companies exploring a purchase of Hain. Nestle would likely be a good fit for Hain's baby food, skin care and tea businesses, Baumgartner told investors earlier in a research note. The analyst sees "tax leakage" as a headwind for any deal and keeps a Market Perform rating on Hain with a $38 price target.

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ITRM

Iterum Therapeutics

$0.00

(0.00%)

21:29
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Syndicate
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UPL

Ultra Petroleum

$1.90

-0.14 (-6.86%)

21:27
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21:27
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Ultra Petroleum rating change  »

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PBR

Petrobras

$12.77

-2.335 (-15.46%)

, EWZ

MSCI Brazil Index

$38.16

-0.52 (-1.34%)

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Brazil president Temer says agreement with truckers was reached, Bloomberg says »

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PBR

Petrobras

$12.77

-2.335 (-15.46%)

EWZ

MSCI Brazil Index

$38.16

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ROST

Ross Stores

$82.95

0.35 (0.42%)

20:46
05/24/18
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20:46
Recommendations
Ross Stores analyst commentary at Loop Capital »

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BMRN

BioMarin

$88.30

-0.2 (-0.23%)

20:41
05/24/18
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20:41
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BioMarin analyst commentary at Piper Jaffray »

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DECK

Deckers Brands

$103.63

0.8 (0.78%)

, SCVL

Shoe Carnival

$26.38

0.79 (3.09%)

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Hot Stocks
On The Fly: After Hours Movers »

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Deckers Brands

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SCVL

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CAVM

Cavium

$79.53

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DGX

Quest Diagnostics

$100.89

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BMRN

BioMarin

$88.30

-0.2 (-0.23%)

ZOES

Zoe's Kitchen

$14.48

-0.41 (-2.75%)

GPS

Gap

$32.97

1 (3.13%)

EGHT

8x8, Inc.

$22.00

0.35 (1.62%)

ADSK

Autodesk

$138.76

-0.54 (-0.39%)

ROST

Ross Stores

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NTNX

Nutanix

$55.39

-0.85 (-1.51%)

SPLK

Splunk

$116.35

-0.2 (-0.17%)

VEEV

Veeva

$77.24

0.5 (0.65%)

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FL

Foot Locker

$46.38

1.35 (3.00%)

, HIBB

Hibbett Sports

$28.95

0.6 (2.12%)

20:25
05/24/18
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Earnings
Notable companies reporting before tomorrow's open »

Notable companies…

FL

Foot Locker

$46.38

1.35 (3.00%)

HIBB

Hibbett Sports

$28.95

0.6 (2.12%)

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SNAP

Snap

$10.59

-0.045 (-0.42%)

20:06
05/24/18
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20:06
Periodicals
Snap's Send and Request location feature aims to boost privacy, TechCrunch says »

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  • 07

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MDT

Medtronic

$86.94

1.65 (1.93%)

19:52
05/24/18
05/24
19:52
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19:52
Recommendations
Medtronic analyst commentary at Piper Jaffray »

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MRK

Merck

$59.11

-0.05 (-0.08%)

, ESALY

Eisai

$0.00

(0.00%)

19:43
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Hot Stocks
Eisai, Merck provide update on sNDA for Lenvatinib in HCC »

Eisai (ESALY). and Merck…

MRK

Merck

$59.11

-0.05 (-0.08%)

ESALY

Eisai

$0.00

(0.00%)

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MCD

McDonald's

$162.38

0.865 (0.54%)

19:18
05/24/18
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19:18
Periodicals
McDonald's sued by customers over unwanted cheese on burgers, Miami Herald says »

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CNI

Canadian National

$83.75

-0.4 (-0.48%)

19:18
05/24/18
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19:18
05/24/18
19:18
Upgrade
Canadian National rating change at Deutsche Bank »

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EXR

Extra Space Storage

$95.10

1.335 (1.42%)

19:11
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Extra Space Storage raises quarterly dividend by 10.3% to 86c per share »

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EWP

MSCI Spain Index ETF

$32.38

-0.075 (-0.23%)

, FXE

Euro Currency Trust

$112.60

0.2 (0.18%)

19:09
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Periodicals
Spain opposition planning no-confidence vote for PM Rajoy, Bloomberg reports »

Spain's Socialist…

EWP

MSCI Spain Index ETF

$32.38

-0.075 (-0.23%)

FXE

Euro Currency Trust

$112.60

0.2 (0.18%)

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SSNLF

Samsung

$0.00

(0.00%)

, AAPL

Apple

$188.18

-0.18 (-0.10%)

18:48
05/24/18
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Periodicals
Breaking Periodicals news story on Samsung, Apple »

Samsung says Apple…

SSNLF

Samsung

$0.00

(0.00%)

AAPL

Apple

$188.18

-0.18 (-0.10%)

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  • 10

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XOM

Exxon Mobil

$80.26

-1.88 (-2.29%)

18:43
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Periodicals
Sonatrach CEO seeks cooperation with Exxon on shale gas, Reuters says »

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  • 30

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UAL

United Continental

$70.47

0.93 (1.34%)

18:39
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Periodicals
United names former FAA chief Jane Garvey chairman, Bloomberg says »

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SPX

S&P 500

$0.00

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, SPY

SPDR S&P 500 ETF Trust

$272.87

-0.5 (-0.18%)

18:35
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Periodicals
U.S. bill would force tech firms to reveal foreign software use, Reuters says »

Senate staff said that…

SPX

S&P 500

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SPY

SPDR S&P 500 ETF Trust

$272.87

-0.5 (-0.18%)

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EWY

iShares MSCI South Korea Index Fund

$73.49

-0.96 (-1.29%)

, SPY

SPDR S&P 500 ETF Trust

$272.87

-0.5 (-0.18%)

18:33
05/24/18
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Periodicals
N Korea's KCNA press expressing regret over cancelled U.S. talks, Bloomberg says »

The report cites North…

EWY

iShares MSCI South Korea Index Fund

$73.49

-0.96 (-1.29%)

SPY

SPDR S&P 500 ETF Trust

$272.87

-0.5 (-0.18%)

EWJ

iShares MSCI Japan Index Fund

$60.34

-0.37 (-0.61%)

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LMT

Lockheed Martin

$326.46

0.98 (0.30%)

18:30
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Senate Committee draft bill precludes Turkey from buying F-35s, Reuters says »

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GXP

Great Plains Energy

$32.77

0.02 (0.06%)

, WR

Westar Energy

$54.59

0.35 (0.65%)

18:29
05/24/18
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18:29
Hot Stocks
Great Plains-Westar Energy merger approved by KCC, MPSC »

Great Plains Energy (GXP)…

GXP

Great Plains Energy

$32.77

0.02 (0.06%)

WR

Westar Energy

$54.59

0.35 (0.65%)

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UAL

United Continental

$70.47

0.93 (1.34%)

18:08
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Boutique Air announces codeshare partnership with United Airlines »

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KRNY

Kearny Financial

$14.25

-0.1 (-0.70%)

18:05
05/24/18
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Hot Stocks
Kearny Financial increases quarterly cash dividend to 4c per share »

Kearny Financial declared…

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YRD

Yirendai

$28.42

-0.33 (-1.15%)

18:02
05/24/18
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Earnings
Yirendai reports Q1 adjusted income per ADS $1.72, consensus 99c »

Reports Q1 revenue…

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AAPL

Apple

$188.18

-0.18 (-0.10%)

, SSNLF

Samsung

$0.00

(0.00%)

17:59
05/24/18
05/24
17:59
05/24/18
17:59
Periodicals
Apple wins $539M award from Samsung in patent trial, Bloomberg reports »

A jury in San Jose,…

AAPL

Apple

$188.18

-0.18 (-0.10%)

SSNLF

Samsung

$0.00

(0.00%)

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