51.76 0.00 (0.00%)
Pre-Market: 6:15AM EDT
|Bid||51.75 x 900|
|Ask||51.92 x 4000|
|Day's Range||51.64 - 52.10|
|52 Week Range||42.99 - 52.20|
|Beta (3Y Monthly)||0.28|
|PE Ratio (TTM)||32.91|
|Earnings Date||Jul 23, 2019|
|Forward Dividend & Yield||1.60 (3.08%)|
|1y Target Est||52.00|
U.S. Soccer Foundation President and CEO Ed Foster-Simeon discusses their new partnership with Powerade, as well as the success of the United States Women's National Team as they look to win the FIFA Women's World Cup this year in France. He joins Yahoo Finance's Zack Guzman and Kristin Myers, along with Carleton English, NY Post Hedge Fund Reporter.
The New York Stock Exchange is taking a big step to advance diversity on corporate boards.
Iris Nova, the Coca-Cola-backed startup that creates Dirty Lemon beverages, isannouncing plans to spend $100 million over the next three to five years toexpand its offerings
Two of Atlanta's most prominent CEO's will take part in a new high-profile board addressing diversity at publicly traded companies.
Japanese beverage giant Suntory Holdings said it would work with rival Coca-Cola as well as Nestle to push the government in Vietnam, among the biggest contributors to plastic waste in the ocean, to create a large-scale recycling system. The alliance comes amid growing global outrage over such pollution, with the European Union voting to outlaw some single-use plastic items such as straws. Japan plans to discuss the issue at the G20 summit it hosts this month.
Despite green initiatives gravitating around recycling and sustainable packaging, the Atlanta-based beverage giant is still missing the mark, according to long-time critic Greenpeace.
The inclusion of Mengniu as a sponsor for Olympic Games corroborates the 'Look East' policy of IOC and represents a marked shift in its sponsorship program.
ATLANTA, June 25, 2019 /PRNewswire/ -- Coca-Cola North America is launching a digital marketplace this fall that connects its foodservice customers to pre-vetted, industry-best restaurant technologies with competitive pricing. The marketplace of solutions for front of house, back of house and outside of house is powered by Omnivore, a universal point-of-sale connectivity platform, that offers seamless integration into restaurants' point-of-sale (POS) systems. The marketplace is the result of a year-long collaboration between Coca-Cola and Omnivore and one output of Coca-Cola's investment in Omnivore, announced in late 2018.
Annual shareholder meetings and investor days are wrapped up for the year. And top Dow CEOs gave several useful insights to investors who were listening.
On CNBC’s “ Fast Money ” on Monday, Guy Adami said gold mining stocks like SPDR Gold Trust (NYSE: GLD ) and VanEck Vectors Gold Miners ETF (NYSE: GDX ) are breaking out to the upside and continue to have ...
Coca-Cola (KO) gains from continued innovation and investment in core categories and brands. These traits have been bolstering its quarterly performances. However, currency headwinds remain.
Every sector of Georgia's economy that relies on imports from China will be affected by the potential new tariffs, according to the Georgia Association of Manufacturers
The beverage giant may be known as a reliable income stock, but here are a few better choices if you're looking for high yields.
PepsiCo experienced strong organic revenue growth of 5.2% in the first quarter driven mainly by the performance of its Frito-Lay North America segment. However, the company doesn’t expect this impressive rate of growth to continue in the remainder of 2019.
The U.S. Women's National Team fights back against gender-pay discrimination, while fighting for back-to-back World Cup titles in France.
The wishlist is long, with Atlanta already securing the NCAA Final Four for 2020 and Major League Baseball’s All-Star Game in 2021. But all these events come at a cost.
Shares of Canopy Growth (NYSE:CGC) are climbing on optimism that its deal for Acreage Holdings (OTCMKTS:ACRGF) will go through. On Wednesday the deal received CGC stock shareholder approval, just leaving regulators on the table for a potential headwind. We also have this afternoon's earnings to get through.Source: Shutterstock By and large, the deal is expected to go through, particularly given some of the board members involved. Acreage board members include former Republican Congressman and Speaker of the United States House John Boehner and Brian Mulroney, the former Conservative Prime Minister of Canada -- among others.Many expect the $3.4 billion cash and stock deal to go through, leaving Canopy with a big asset for future growth here in the U.S.InvestorPlace - Stock Market News, Stock Advice & Trading TipsWhen investors think of blue-chip stocks, Canopy won't be the first that comes to mind. Procter & Gamble (NYSE:PG), Coca-Cola (NYSE:KO) and others are what investors think of, but that doesn't matter. CGC stock has quickly proven that it's the best of the best when it comes to cannabis investments. Canopy Growth Is a Blue Chip StockAfter Constellation Brands (NYSE:STZ) invested some $4 billion into the company, it loaded CGC's bank account. But the deal gave Canopy a lot more than a good reputation. Suddenly, it had a powerful balance sheet as a major asset. It could afford to enter new markets, gobble up high-growth companies and essentially lead the land-grab charge as cannabis gains momentum. Further yet, it had a high-quality and reputable company staking big-time money on Canopy's leadership. That gives the company some clout. * Check Out These 5 Fast-Growing Stocks to Buy Today If Constellation trusts Canopy with $4+ billion, why shouldn't I? That's what a lot of investors and other companies found themselves asking.CGC stock has built a foundation in Canada and is working on global expansion in Europe and Australia, while its Acreage Holdings deal positions itself for the coming landslide in the U.S. While its valuation doesn't quite reflect its current fundamentals, investors are betting on its long-term potential.In essence, they are betting that CGC will become the PepsiCo (NYSE:PEP) or Coca-Cola of its industry. That's not to say New Age Beverages (NASDAQ:NBEV), Aurora Cannabis (NYSE:ACB) or Cronos Group (NYSE:CRON) won't be winners either. Just that CGC is becoming the 800-lb gorilla of the group.From the most recent earnings release:"Our successful first full quarter with recreational sales in Canada reinforces our long held strategy of making meaningful investments early in order to secure market share," said Bruce Linton, Chairman & Co-CEO, Canopy Growth. "With a strong cash position, we added strategic assets and IP through acquisitions to accelerate the sophistication of our inputs with ebbu, and our consumer-facing outputs with Storz and Bickel." Trading CGC Stock Click to EnlargeCGC stock is now pushing through its 20-day and 200-day moving averages. If it can continue to push higher, its 50-day moving average near $44.50 is in sight. This stock has been volatile, but continues to very slowly push out new highs.Unfortunately, those new highs are often met with a wave of selling. For instance, after hitting $52 in February, Canopy Growth stock quickly retreated, falling to sub-$42 -- a 19% drop -- in just six trading sessions. It traded sideways for a while after that, before eventually pushing up through $52. A month later, shares were at $38.38. The peak to trough decline was more than 27% that time.So what can we expect on this go around? Much of it will depend on earnings, set for after the close on June 20th.I'm looking to see if CGC stock price can again climb back to $52. If it can, it will represent a 20% rally from current levels. As we said above, Canopy stock is a blue chip name among the cannabis industry. If this group regains momentum, so too should CGC. Earnings may be the spark for that momentum, but we won't know until Friday morning. * 6 Stocks Ready to Bounce on a Trade Deal If the earnings results inspire investors to gobble up CGC stock, upside targets of $48 and $52 are within reach. If the reaction is negative or if the 50-day acts as resistance, I'm looking for support near $40. Below opens the door to some serious declines, but let's not get ahead of our skis. Let's see the report before going any further.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Blue-Chip Stocks to Buy for a Noisy Market * 5 Strong Buy Biotech Stocks for the Second Half * 6 Stocks Ready to Bounce on a Trade Deal Compare Brokers The post The Blue Chip of Pot: Can CGC Stock Rally 20% on Acreage Deal and Earnings? appeared first on InvestorPlace.
The Coca-Cola Company today announced it will release second quarter 2019 financial results on July 23 before the New York Stock Exchange opens. The release will be followed by an investor conference call at 8:30 a.m.