Posts for Ticker ‘CCE’

Top Analyst Upgrades and Downgrades (CCE, DRI, JASO, MOS, NOK, PALM, PAAS, POT, SOL, TLAB)

These are the top 10 pre-market analyst upgrades, downgrades, and initiations we have seen early this Thursday morning from Wall Street:

Coca-Cola Enterprises (CCE) Raised to Buy at UBS.
DR Horton (DRI) Cut to Sell at Citigroup.
JA Solar (JASO) Cut to Equal Weight at Barclays.
Mosaic (MOS) Started as Overweight at Thomas Weisel.
Nokia (NOK) Cut to Neutral at Goldman Sachs.
Palm (PALM) Cut to Sell at Morgan Joseph.
Pan-American Silver (PAAS) Raised to Buy at UBS.
Potash Corp. (POT) Started as Overweight at Thomas Weisel.
ReneSola (SOL) Raised to Outperform at Credit Suisse; but cut to Underweight at Piper Jaffray.
Tellabs (TLAB) Raised to Outperform at Morgan Keegan.

JON C. OGG
AUGUST 13, 2009

Posted on: August 13, 2009 – 7:46 am in Analyst Calls, , , , , , , , , ,

Top Analyst Upgrades (ACOR, CCE, CREE, CVS, ICE, SVVS)

These are the top pre-market analyst upgrades and positive research calls we have seen from Wall Street early this Wednesday morning:

Acorda Therapeutics (ACOR) Raised to Overweight at Piper Jaffray.
Coca-Cola Entertainment (CCE) Raised to Buy at Argus.
Cree (CREE) Raised to Buy at Merriman Curhan Ford.
CVS Caremark (CVS) Raised to Outperform at William Blair.
IntercontinentalExchange (ICE) Raised to Market Perform at KBW.
Savvis (SVVS) Raised to Overweight at Morgan Stanley.

JON C. OGG
AUGUST 5, 2009

Posted on: August 5, 2009 – 7:57 am in Analyst Calls, , , , , ,

Suddenly All Is Well In Bottling Mergers (PEP, PBG, PAS, COKE, CCE, KOF, CCH, KO)

money-stack-imageThis morning we caught the news on a volume alert, but there was no confirmation of the news.  Now, we have the formal release from PepsiCo (NYSE: PEP).  Pepsi has capitulated and decided to offer more for its acquisitions of The Pepsi Bottling Group, Inc. (NYSE: PBG) and PepsiAmericas, Inc. (NYSE: PAS).  Both bottlers agreed and signed definitive merger pacts with PepsiCo.

Interestingly enough, this could have traders (and investment bankers) looking toward Coca-Cola Bottling Co. Consolidated (NASDAQ: COKE), Coca-Cola Enterprises Inc. (NYSE: CCE), Coca-Cola FEMSA S.A.B de CV (NYSE: KOF), and Coca-Cola Hellenic Bottling Company S.A. (NYSE: CCH)… all of which are tied to The Coca-Cola Company (NYSE: KO).
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Posted on: August 4, 2009 – 9:28 am in Food, Mergers and Buy Outs, , , , , , , ,

If Coke Follows Pepsi’s Bottling Roll-Up (PEP, PAS, PBG, KO, COKE, CCE, KOF, CCH

pepsi-logoThis morning’s news of Pepsico Inc. (NYSE: PEP) offering to acquire bottling affiliates PepsiAmericas Inc. (NYSE: PAS) and Pepsi Bottling Group Inc. (NYSE: PBG) may be a surprise to some, but it is far from a shock.  Having multiple companies processing different parts of the same business may not be the most efficient model under certain circumstances.  Interestingly enough, The Coca-Cola Company (NYSE: KO) has a similar structure with affiliated entities that are outside publicly traded stocks.

coke-logoCoca-Cola Bottling Co. Consolidated (COKE), Coca-Cola Enterprises Inc. (NYSE: CCE), Coca-Cola FEMSA S.A.B de CV (NYSE: KOF), and Coca-Cola Hellenic Bottling Company S.A. (NYSE: CCH) are all affiliated companies.
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Posted on: April 20, 2009 – 10:32 am in Food, Mergers and Buy Outs, Water, , , , , , , ,

Top Pre-Market Analyst Upgrades & Downgrades (CIM, CCE, KMB, KSS, WFC, AMAT, FTI, SSYS)

It is looking pretty light so far from analyst coverage this Monday morning.  Here are some of the top individual stock calls we have seen this morning from Wall Street analysts:

  • Chimera Investment (NYSE: CIM) Raised to Outperform at KBW.
  • Coca-Cola Enterprises (NYSE: CCE) Raised to Overweight at JPMorgan.
  • Kimberly-Clark (NYSE: KMB) Started as Buy at Citigroup.
  • Kohl’s (NYSE: KSS) Raised to Market Weight at Thomas Weisel.
  • Wells Fargo (NYSE: WFC) Raised to Outperform at Credit Suisse.
  • Applied Materials (NASDAQ: AMAT) Cut to Perform at Oppenheimer.
  • FMC Technologies (NYSE: FTI) Cut to Underweight at JPMorgan.
  • Stratasys (NASDAQ: SSYS) Cut to Market Perform at William Blair.

Here was a sector downgrade this morning from Deutsche Bank on the solar stocks.

Jon C. Ogg
November 10, 2008

Posted on: November 10, 2008 – 8:18 am in Analyst Calls, , , , , , , ,

52-Week Low Club (T, CCE, CHB, EBAY, GGC, GLBL, IGT, PAA, RRI, SGLP, TXT, VCLK)

52_week_low_imageWe’ve had essentially a 500 point rally in the DJIA in just the last two days and oil is starting to lose its mo-mo.  Yet some companies just refuse to participate in the rally because of news, and many look like they were caught in a mid-city explosion (hence the image). 

Regardless of how the market does you can always count on many news-driven or sector driven events causing new lows.  One thing is for sure during a weak economy and during choppy earnings, there will be many more stocks in the coming weeks hitting 52-week lows.  Some will continue hitting new lows over and over.

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Posted on: July 17, 2008 – 2:35 pm in HI/LOW, , , , , , , , , , , ,

52-Week Low Club (LNG, CCE, GEOY, HANS, IPAS, KNOT, TDSC, VLO)

Cheniere Energy, Inc. (AMEX: LNG) can thank its earnings or lack thereof today for its implosion.  Shares were down well over 20% at last look around $5.78, while its 52-week trading range was $6.46 to $43.50.

Coca-Cola Enterprises Inc. (NYSE: CCE) was down less than 1% at $21.48 in the last hour; prior 52-week range was $21.55 to $27.09. Who would have guessed that bottling Coke and other drinks would result in this. 

GeoEye, Inc. (NASDAQ: GEOY) suffering from geospatial imaging sector woes.  While this was well above the 52-week lows, it has been more volatile than plastique in a lightning storm, and shares went as low as $16.05 today; Prior range $17.00 to $37.37.

Hansen Natural Corp. (NASDAQ: HANS) shares fell another 5% to $28.50 in the last hour but shares were as low as $28.20.  This one is making the list more than just once now.  The short sellers that bet against this one probably feel like they are monsters in their own right.

iPass Inc. (NASDAQ: IPAS) fell sharply after earnings and subsequent downgrades.  Shares were down 16% at $2.15 in teh last hour; prior 52-week range was $2.43 to $5.69.  Selling wi-fi spots probably is going to be tough once WiMAX does really hit the U.S.  Looks like the only thing people are passing at iPass is gas.

The Knot Inc. (NASDAQ: KNOT) was down almost 15% at $9.93 last in the day after posting a 65% drop in earnings.  Maybe bridezillas are not doing research anymore or maybe they are just using wedding planners.  Either way, you know when times are tough people don’t go as extravagant on weddings.  Presumable that ad spending might be down too.

3D Systems Corp. (NASDAQ: TDSC) won "the daily fugly" award after its earnings report.  In the last hour shares were down almost 40% at $8.67; prior 52-week trading range was $11.51 to $26.50.   3-D is tough to explain to blind people.

Valero Energy Corp. (NYSE: VLO) seems counterintuitive with screaming oil prices, but its power costs and energy demands are costing more and more and it can’t pass the costs along.  Shares were at $44.70 at the end of the day and the prior 52-week trading range was $44.94 to $78.68.

Jon C. Ogg
May 9, 2008

Posted on: May 9, 2008 – 2:29 pm in HI/LOW, , , , , , , ,