Jon OggToday’s announcement from The Procter & Gamble Co. (NYSE: PG) included a statement that the company expects to experience a negative impact on sales of -4% due to foreign exchange transactions.…
You have heard the term “smoking kills.” The new fight is against fat, salt, sugar, and empty calories as America is trying to pick up its fight against obesity and the myriad…
It appears increasingly likely that concerns about the future of Greece will depress equity markets worldwide. Politicians in the country have failed to set a coalition government, despite several efforts. The chance…
The number of shares Facebook will sell rose 25% and the company could raise as much as $16 billion. (Reuters) Greeks take hundreds of millions of dollars out of banks there and…
Shareholder activist firm Relational Investors has bought $600 million of PepsiCo (NYSE: PEP) shares according to The Wall Street Journal. Large companies are not immune from the kind of attacks recently experience…
A stock market that sells off eight of nine days is not a good market. Even the Facebook IPO is being viewed as a one-off item rather than a systemic item which…
Monster Beverage Corporation (NASDAQ: MNST) is looking like a monster all on its own after earnings this morning. The specialty energy drink maker is seeing shares rise in the double-digit percentages after…
Blame whatever you want. A weaker U.S. economy, a weakening and flailing Europe, a move to socialism in France and Greece, a weaker BRIC and emerging market story, commodity prices and on…
The major US stock indexes opened lower this morning following a weekend of elections in Europe. A new Socialist party president in France and a still very cloudy future in Greece have…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Monday. Annie’s, Inc. (NYSE: BNNY) Started as Overweight at JPMorgan; Started as Outperform…
When the largest soft-drink company in the US can’t make a competitive product in a growing market, it looks around for a company it can buy. It appears that the Coca-Cola Co.…
Philp Falcone receives extensions from creditors owed money by his high-speed wireless company LightSquared. (Reuters) Social gifting is a growing part of e-commerce. (Reuters) Barron’s says Apple (NASDAQ: AAPL) and Google (NASDAQ: GOOG) could join…
Markets opened a few ticks lower this morning after a poor report on new claims for unemployment benefits in the US (our coverage here). The report that pending home sales jumped 4.1%…
Soft drink and snack food giant Pepsico Inc. (NYSE: PEP) reported first quarter earnings this morning that topped expectations. Adjusted EPS came in at $0.69 versus a consensus estimate of $0.67 and…
The Coca-Cola Company (NYSE: KO) is going to try a new strategy that we have not seen from the company since literally the 1990s… It is splitting its shares. The company’s board…
