|Bid||49.400 x 2200|
|Ask||49.410 x 1200|
|Day's Range||49.02 - 49.52|
|52 Week Range||41.45 - 50.84|
|Beta (3Y Monthly)||0.30|
|PE Ratio (TTM)||74.98|
|Earnings Date||Feb 14, 2019 - Feb 18, 2019|
|Forward Dividend & Yield||1.56 (3.17%)|
|1y Target Est||51.76|
Another chapter is the history of The Coca-Cola Co. is coming to a close. “That wasn’t a coincidence,” Nunn said in an interview Dec. 10. The moves will allow Coca-Cola CEO James Quincey to solidify his leadership position – becoming the company’s chairman in April.
In the U.S., marijuana is still federally illegal. For investors, the key question is how to profit from hemp becoming legal. When I wrote “How to potentially become a marijuana millionaire, albeit carefully,” the most important word in the headline was “carefully.” Being careful also applies to hemp.
The S&P 500 enjoyed its best one-day percentage gain in 10 days on Wednesday following U.S. President Donald Trump's upbeat comments on trade talks and Beijing's first major purchase of U.S. soybeans in months. Latest data showed U.S. initial jobless claims for the week ended Dec. 8 dropped more than expected from the week before.
UBS analysts cut their view of Coca-Cola from buy to neutral though they raised their price target from $50 to $51. The firm cited changes at the company, including its big acquisition of global coffee chain Costa. Coke shares have been strong outperformers this year.
Coca-Cola KO – UBS downgraded the stock to "neutral" from "buy." The firm notes Coke's stable earnings growth, but adds that the company is in the midst of significant changes and that issues with any one of them could prompt management to back away from prior growth targets. General Electric GE – JPMorgan Chase analyst Stephen Tusa upgraded GE to "neutral" from "underweight," but kept his price target at $6 per share. Ciena CIEN – The networking equipment maker beat estimates by five cents with adjusted quarterly profit of 53 cents per share, with revenue also beating forecasts.
ECB Policy Statement Today, Watch Italian Bond Markets The European Central Bank is widely expected today to announce that it will indeed stop the Euro printing presses by the end of the year, which is the end of the month, which is a mere two weeks away, though the “end of QE” in the Eurozone […] The post Market Morning: ECB QE Ending, Trump Plays Good Cop in Huawei Arrest, Hemp Soon Legal? appeared first on Market Exclusive.
The Coca-Cola Company today announced a new agreement extending a loan to Ioniqa Technologies (The Netherlands) to facilitate the development of Ioniqa’s proprietary technology to produce high-grade, recycled PET content from hard-to-recycle PET waste. The agreement is designed to accelerate the development and deployment of high-grade recycled content PET for use in bottles used by The Coca-Cola Company. This investment supports the company’s global vision to work toward a World Without Waste, which includes a goal to create packaging made of at least 50% recycled material by 2030. The new technology supports the circular economy for plastics by allowing packages such as colored PET bottles that may have been excluded from certain recycling streams to be recycled into food-grade quality packaging.
Norfolk Southern Corp said on Wednesday it would shift its headquarters to Atlanta from Virginia, tapping a major hub for transportation. The fourth-largest U.S. railroad joins United Parcel Services , ...
Coca-Cola KO shares are on the rise this year, but one trader just bet more than $3 million that the rally is about to fall flat. Shares of the beverage giant have surged more than 19 percent off their 52-week low hit in May, but according to Dan Nathan of RiskReversal.com the positive sentiment is beginning to shift for the stock. On Tuesday, Coca-Cola stock saw a surge of bearish activity at five times the average daily put volume.
Warning! GuruFocus has detected 3 Warning Sign with BRK.A. Click here to check it out. Not only has the portfolio grown in size, but it has also expanded into different industries and sectors, which are arguably outside Buffett's circle of competence -- or at least they would have been a decade ago. Only a few quarters ago, the very idea that Buffett would be buying Apple (AAPL) to include it in his portfolio would have been seen as outrageous.
From here, Coca-Cola (NYSE:KO) looks badly overvalued. Coca-Cola stock is a classic long-term play, seemingly, but that alone doesn’t justify a stretched valuation. KO stock touched an all-time high just a couple of weeks ago.
The " Fast Money " traders shared their first moves for the market open. Pete Najarian was a buyer of Target TGT . Tim Seymour was a buyer of Home Depot HD . Dan Nathan was a seller of Coca-Cola KO .
Microsoft (MSFT) stock has been hurt far less during the recent market downturn than some of its fellow titans such as Apple (AAPL) and Amazon (AMZN). And right now, the historic tech powerhouse's stock looks like a buy based on its growth outlook and positive earnings revision trends.
Oddly enough, while the stock market has been in a shambles, shares of Wayfair (NYSE:W) have been outperforming. Short of that, though, this isn’t the flight-to-quality stock I would seek, even if it is holding up right now.
Coca-Cola Southwest Beverages, a Dallas-based company that makes, markets and distributes Coca-Cola products, is cutting 97 jobs. According to a letter filed in October under the Worker Adjustment and Retraining Notification Act, the cuts will occur at a production facility at 8161 Moberly Lane. Per to the WARN letter, the cuts “may trigger a ‘plant closing.’” That means that while CCSWB isn’t shutting down the facility on Moberly Lane, it is ceasing all manufacturing operations there.
CNBC sat down with a pair of Coca-Cola executives, touching on topics such as tariffs, new deals and CBD.