Breaking News Instant updates and real-time market news.

KO

Coca-Cola

$43.43

0.11 (0.25%)

14:34
03/30/18
03/30
14:34
03/30/18
14:34

Coca-Cola tells shareholders to reject TRC Capital's mini-tender offer

Coca-Cola said it has learned of an unsolicited mini-tender offer by TRC Capital for the purchase of up to 2.5M shares at $41.50 per share. The stock closed yesterday up 10c to $43.33. "Coca-Cola does not endorse TRC Capital's offer. The Company recommends that shareholders reject the offer and not tender their shares in response because the offer is at a price below the current market price for Coca-Cola shares and is subject to many conditions. TRC Capital's offer price is approximately 4.51 percent below the closing share price of Coca-Cola common stock ($43.46) on March 16, 2018, the day before the offer commenced. The offer is for less than 0.06 percent of Coca-Cola's outstanding shares," Coke announced in a statement. It added, "TRC Capital's offer states that it may terminate or amend the offer if, among other things, the market price of Coca-Cola's stock declines or if TRC Capital fails to obtain financing necessary. Coca-Cola is not associated with TRC Capital or its offer."

  • 24

    Apr

KO Coca-Cola
$43.43

0.11 (0.25%)

03/14/18
RBCM
03/14/18
NO CHANGE
Target $56
RBCM
Outperform
Coca-Cola can achieve its revenue growth target, says RBC Capital
RBC Capital analyst Nik Modi keeps his Outperform rating and $56 price target on Coca-Cola - his "top mega cap pick" - despite the poor investor sentiment on the stock driven by "rising rates, ETF outflows, and sector rotation". Modi believes that the slowdown in volume growth from 2013 was driven by specific issues around the company's bottler partners and decelerating macro environment, however the more recent data from global bottlers suggest "accelerating share gains, improving emerging market macros, improving local level execution, and more effective marketplace investment". The analyst adds that despite the stock outperforming relative to other staples, it can gain as much as 40% more over the next two years.
02/28/18
SUSQ
02/28/18
NO CHANGE
Target $55
SUSQ
Negative
Monster Beverage downside seen following Q4 results, says Susquehanna
Susquehanna analyst Pablo Zuanic said he sees room for disappointment in Monster Beverage's (MNST) Q4 results, including a potential top-line miss and stronger margin pressure. He noted the shares have moved higher following the Q3 report and now trade well ahead of their five year average multiple. He said there is a tough base level for shipment comps and he sees a low probability of a bid from Coca-Cola (KO). Zuanic reiterated his Negative rating and lowered his price target to $55 from $56 on Monster ahead of the company's report, due after the close today.
01/30/18
BERN
01/30/18
NO CHANGE
Target $124
BERN
Market Perform
Dr Pepper Snapple price target raised to $124 from $92 at Bernstein
Bernstein analyst Ali Dibadj raised his price target for Dr Pepper Snapple to $124 from $92 after the company and Keurig Green Mountain announced a definitive merger agreement to create public company Keurig Dr Pepper. While the analyst views this merger as good for Dr Pepper Snapple shareholders, there are unanswered questions about the prospects as a combined entity, with revenue synergies remaining unclear, synergy targets appearing stretched, and the Coca-Cola (KO)/PepsiCo (PEP) distribution partnership remaining a risk. Dibadj reiterates a Market Perform rating on Dr Pepper Snapple's shares.
01/29/18
RHCO
01/29/18
INITIATION
Target $125
RHCO
Hold
PepsiCo initiated with a Hold at SunTrust
As reported earlier, SunTrust analyst William Chappell initiated PepsiCo (PEP) with a Hold rating and a price target of $125. Chappell contends that after 5 years of price and promotion with Coca-Cola (KO), the companies' next phase will likely see "price increases or at least less promotional activity" on some beverage items. The analyst also notes that the investor concerns about the snacking category are overblown, pointing some recovery in Q4, while the positive FX, emerging markets, and tax reform dynamics create more tailwinds.

TODAY'S FREE FLY STORIES

PDS

Precision Drilling

$2.48

0.01 (0.40%)

, TDGCF

Trinidad Drilling

$0.00

(0.00%)

07:09
11/19/18
11/19
07:09
11/19/18
07:09
Upgrade
Precision Drilling, Trinidad Drilling rating change  »

Precision Drilling…

PDS

Precision Drilling

$2.48

0.01 (0.40%)

TDGCF

Trinidad Drilling

$0.00

(0.00%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 26

    Nov

CGNX

Cognex

$42.71

0.66 (1.57%)

07:09
11/19/18
11/19
07:09
11/19/18
07:09
Initiation
Cognex initiated  »

Cognex initiated with a…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 12

    Dec

MYGN

Myriad Genetics

$31.33

0.33 (1.06%)

07:08
11/19/18
11/19
07:08
11/19/18
07:08
Hot Stocks
Myriad Genetics enters into $50M accelerated share repurchase program »

Myriad Genetics announced…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 03

    Dec

PUMP

ProPetro Holding

$18.88

0.49 (2.66%)

07:07
11/19/18
11/19
07:07
11/19/18
07:07
Initiation
ProPetro Holding initiated  »

ProPetro Holding…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

YETI

Yeti

$16.99

0.1 (0.59%)

07:06
11/19/18
11/19
07:06
11/19/18
07:06
Initiation
Yeti initiated  »

Yeti initiated with a Buy…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 29

    Nov

RTIX

RTI Surgical

$4.38

-0.08 (-1.79%)

07:05
11/19/18
11/19
07:05
11/19/18
07:05
Hot Stocks
RTI Surgical announces positive coverage decision for SI joint fusion surgery »

RTI Surgical announced…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 27

    Nov

NINE

Nine Energy Services

$30.41

1.18 (4.04%)

07:05
11/19/18
11/19
07:05
11/19/18
07:05
Initiation
Nine Energy Services initiated  »

Nine Energy Services…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

RCKT

Rocket Pharmaceuticals

$14.23

0.03 (0.21%)

07:05
11/19/18
11/19
07:05
11/19/18
07:05
Hot Stocks
Rocket Pharmaceuticals announces FDA clearance of IND for RP-L201 »

Rocket Pharmaceuticals…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 29

    Nov

  • 01

    Dec

07:05
11/19/18
11/19
07:05
11/19/18
07:05
General news
Treasury Market Outlook: »

Treasury Market Outlook:…

PLYA

Playa Hotels & Resorts

$7.89

-0.24 (-2.95%)

, HIH

Highland Hospitality

$0.00

(0.00%)

07:04
11/19/18
11/19
07:04
11/19/18
07:04
Hot Stocks
Playa Hotels & Resorts appoints Fernando Mulet as CDO »

Playa Hotels &…

PLYA

Playa Hotels & Resorts

$7.89

-0.24 (-2.95%)

HIH

Highland Hospitality

$0.00

(0.00%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 28

    Nov

ATTU

Attunity

$22.82

0.41 (1.83%)

07:03
11/19/18
11/19
07:03
11/19/18
07:03
Hot Stocks
Attunity wins four-year term agreement in excess of $500,000 with state agency »

Attunity announced that a…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 05

    Dec

  • 06

    Dec

TGT

Target

$79.67

-1.09 (-1.35%)

07:02
11/19/18
11/19
07:02
11/19/18
07:02
Hot Stocks
Target announces plans for Cyber Week »

Target unveiled its plans…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 20

    Nov

  • 03

    Mar

AAPL

Apple

$193.42

2 (1.04%)

07:01
11/19/18
11/19
07:01
11/19/18
07:01
Periodicals
Apple cuts production for all three new iPhone models, WSJ reports »

Apple has cut production…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 04

    Dec

ICPT

Intercept

$102.60

1.755 (1.74%)

07:00
11/19/18
11/19
07:00
11/19/18
07:00
Upgrade
Intercept rating change  »

Oppenheimer upgrades…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

HP

Helmerich & Payne

$62.59

2.54 (4.23%)

07:00
11/19/18
11/19
07:00
11/19/18
07:00
Upgrade
Helmerich & Payne rating change  »

Helmerich & Payne…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

SSNLF

Samsung

$0.00

(0.00%)

, MU

Micron

$39.45

-0.47 (-1.18%)

06:59
11/19/18
11/19
06:59
11/19/18
06:59
Periodicals
Chinese authorities allege evidence of chipmaker antitrust violations, FT says »

Authorities in China have…

SSNLF

Samsung

$0.00

(0.00%)

MU

Micron

$39.45

-0.47 (-1.18%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 19

    Nov

  • 04

    Dec

06:55
11/19/18
11/19
06:55
11/19/18
06:55
Conference/Events
UBS consumer goods analyst to hold an analyst/industry conference call »

Consumer Goods Analyst…

WLTW

Willis Towers Watson

$158.89

-1.38 (-0.86%)

06:50
11/19/18
11/19
06:50
11/19/18
06:50
Hot Stocks
Willis Towers Watson announces Victor Ganzi appointed Chairman of the Board »

Willis Towers Watson…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

YETI

Yeti

$16.99

0.1 (0.59%)

06:48
11/19/18
11/19
06:48
11/19/18
06:48
Initiation
Yeti initiated  »

Yeti initiated with a Buy…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 29

    Nov

KKR

KKR

$21.83

-0.46 (-2.06%)

06:48
11/19/18
11/19
06:48
11/19/18
06:48
Hot Stocks
KKR to acquire GeoStabilization International from CAI Capital Partners »

KKR has entered into an…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

NRP

Natural Resource Partners

$34.05

0.6 (1.79%)

06:46
11/19/18
11/19
06:46
11/19/18
06:46
Hot Stocks
Natural Resource Partners to sell construction aggregates business for $205M »

Natural Resource Partners…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

BOOT

Boot Barn

$21.15

-0.91 (-4.13%)

06:46
11/19/18
11/19
06:46
11/19/18
06:46
Recommendations
Boot Barn analyst commentary  »

Boot Barn risk/reward…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

ETRN

Equitrans Midstream

$20.87

-1.12 (-5.09%)

06:42
11/19/18
11/19
06:42
11/19/18
06:42
Initiation
Equitrans Midstream initiated  »

Equitrans Midstream…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

XOG

Extraction Oil & Gas

$6.74

-0.25 (-3.58%)

06:42
11/19/18
11/19
06:42
11/19/18
06:42
Hot Stocks
Extraction Oil & Gas announces $100M stock repurchase program »

Extraction Oil & Gas…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

SPB

Spectrum Brands

$59.36

0.87 (1.49%)

, ENR

Energizer

$49.91

-1.53 (-2.97%)

06:41
11/19/18
11/19
06:41
11/19/18
06:41
Hot Stocks
Spectrum Brands' Auto Business Sale agreement contains 'go-shop' provision »

The Auto Business Sale…

SPB

Spectrum Brands

$59.36

0.87 (1.49%)

ENR

Energizer

$49.91

-1.53 (-2.97%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 19

    Nov

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.