The Zacks Analyst Blog Highlights: Berkshire Hathaway, PepsiCo, Broadcom, Sirius and Dr Pepper
Top Analyst Reports for Berkshire Hathaway, PepsiCo & Broadcom
DPS reported earnings 30 days ago. What's next for the company? We take a look at earnings estimates for some clues.
To counter the decline in volumes, Coca-Cola (KO) is foraying into new avenues.
Monster Beverage (MNST) reports lower-than-expected results for the fourth quarter of 2017. Although sales increase is a positive, lower gross margin is a cause of concern.
Coca-Cola Bottling's (COKE) fourth-quarter results benefitted from acquisitions and higher comparable net sales.
Higher revenues from the Energy Drinks segment to drive Monster Beverage's (MNST) fourth-quarter 2017 results.
Despite reporting flat soda volumes, Coca-Cola's (KO) Q4 results gain from growing beverage portfolio and re-structuring efforts.
Dr Pepper's (DPS) fourth-quarter earnings are favored by an increase in net income, whereas revenues grow year over year on favorable product and package mix.
A continuing tepid sales environment in North American segment might limit Coca-Cola's (KO) fourth-quarter revenue growth.
Dr Pepper (DPS) reported revenues of $1.64 billion which missed the consensus estimate of $1.66 billion.
Dr Pepper Snapple (DPS) to benefit from priority brand agreements and productivity improvements in the quarter amid declining CSD volumes.
Improvement in the snack business helps offset continued weakness at PepsiCo's (PEP) beverage business in Q4.
Cost-saving initiatives and higher contribution from the acquisitions help Kellogg (K) offset the industry-wide soft consumption trends for packaged food items.
Mondelez's (MDLZ) Q4 earnings surpass the Zacks Consensus Estimate, courtesy of a solid demand from key brands.
Dr Pepper Snapple (DPS) will be acquired by coffee-maker Keurig marking the largest soft-drink deal in beverage industry.
Immigrants to Be in Spotlight at State of Union (WSJ) Amazon, Berkshire, JPMorgan Link Up to Form New Health-Care Company (BBG) Yellen Leaving Fed With Full Employment, Increased Focus on Labor Market (WSJ) Market Euphoria May Turn to Despair If 10-Year Yield Jumps to 3% (BBG) U.S. Names Russian Oligarchs, But Says It's Not a Sanctions List (BBG) World stocks sucked under by bond market breakout (Reuters) House Panel Votes to Release GOP Memo on Russia Probe (WSJ) Trump’s Push to Fire Mueller Heightens Political, Not Legal, Risk (BBG) CIA expects Russia to target U.S. mid-term elections (Reuters) Decade of Easy Cash Turns Bond Market Upside Down (WSJ) HNA to Face $2.4 Billion Liquidity Crunch This Quarter (BBG) U.S., Mexico explore placing armed U.S. air marshals on flights (Reuters) Iranian opposition cleric accuses Khamenei of abuse of power (Reuters) Forget Self-Driving Cars, Robot Delivery Vans Are Here (BBG) Venezuelan Pirates Rule the Most Lawless Market on Earth (BBG) Trump administration holds off on new Russia sanctions, despite law (Reuters) Trump’s Agenda Faces Tough Fiscal Reality After State of the Union (BBG) Pentagon Muzzles Afghanistan Watchdog as Situation Worsens (BBG) Banker Bonuses Jumping While Traders Brace for Smaller Payouts (BBG) Overnight Media Digest WSJ - The maker of Keurig coffee machines is taking over Dr Pepper Snapple Group Inc, a marriage that combines popular brands that have struggled with increased competition and shifting consumer tastes. on.wsj.com/2BEqwFW - Revlon Inc Chief Executive Fabian Garcia brought in less than two years ago to help revive the iconic beauty giant—is leaving the company next month. on.wsj.com/2BE1LJT - A number of regulators and elected officials on Monday rejected as overly expensive and unrealistic the idea of a "moonshot" effort by the government to build a nationwide, next-generation wireless network, floated in a leaked internal national security memo. on.wsj.com/2BC9bO3 - Exxon Mobil Corp said Monday it plans to spend $50 billion to expand its business in the U.S. in the next five years, investments that were "enhanced" by the U.S. tax overhaul. on.wsj.com/2BEaDzd - JPMorgan Chase & Co elevated two executives to share the No. 2 post at the nation's largest bank, the clearest step yet to designate a potential successor to Chairman and Chief Executive James Dimon. on.wsj.com/2BDwG9g FT - JPMorgan Chase & Co Chief Executive Jamie Dimon said on Monday he plans to continue in his current role “for approximately five more years”. - FBI Deputy Director Andrew McCabe, criticized by President Donald Trump and other Republicans for alleged bias against him and in favor of his 2016 Democratic opponent Hillary Clinton, has stepped down, according to U.S. media reports. - United States Trade Representative Robert Lighthizer said the pace of the NAFTA negotiations had to pick up speed and demanded progress before the next round in Mexico City in late February. NYT - Newspaper company Tronc Inc on Monday said it had named Jim Kirk, the former editor and publisher of The Chicago Sun-Times, as the editor in chief of The Los Angeles Times. nyti.ms/2nmIwk5 - The Chairman of the U.S. Federal Communications Commission, Ajit Pai, said he opposed the idea of the federal government taking control of developing 5G networks, as it could hurt the private sector and the economy. nyti.ms/2Gw4sRJ - Keurig Green Mountain has struck a deal to buy Dr Pepper Snapple Group Inc for $18.7 billion and create a beverage company with brands such as Keurig's single-serve coffee pods, Dr Pepper, 7Up and Snapple. nyti.ms/2BC7D6H - Ken Chenault will be chairman and managing director of General Catalyst Partners, one of the most successful venture firms of the past two decades. nyti.ms/2DLIwju Canada THE GLOBE AND MAIL ** The provinces outside Quebec are expecting to save as much as C$3 billion ($2.43 billion) over five years after generic drug makers agreed to cut the prices of dozens of popular medications in exchange for a promise that no jurisdiction will move to a system of public tendering for its drugs. tgam.ca/2BCOyBm ** Ontario pension fund Ontario Municipal Employees Retirement System is pushing further into the rapidly expanding cryptocurrency business through the creation of an Ethereum-focused public company that is planning to raise C$50 million. tgam.ca/2BDlfyg NATIONAL POST ** Canada's content creators, unions and some of companies including BCE Inc, Rogers Communications Inc and Quebecor Inc filed an application on Monday asking the Canadian Radio-television and Telecommunications Commission to take action against pirated content. bit.ly/2BDq76J ** Canada's cannabis company Aphria Inc agreed on Monday to pay around C$826 million for Nuuvera Inc. Nuuvera became a publicly traded entity only three weeks ago and has yet to secure a license from Health Canada to grow and sell cannabis in Canada. bit.ly/2BDIcBF Britain The Times - Relx, the FTSE 100 former publishing house that has turned itself into an information group, is buying a California company that specialises in detecting fraud. bit.ly/2BC6b4d The Guardian - Theresa May will attempt to reset her relationship with China in a vital three-day trip this week, leading the largest-ever UK trade delegation, comprising 50 business leaders. bit.ly/2DNInjG - An experimental shuttle bus service operated by Ford Motor Co has been approved by London's transport authorities. bit.ly/2FshtKE The Telegraph - The Pensions Regulator has launched an investigation into whether it can use its anti-avoidance powers against the former directors of collapsed contractor Carillion Plc after the firm racked up a huge deficit while still paying dividends. bit.ly/2DJRFZU - Engineering giant GKN Plc has warned that a proposed 7.4 billion pounds ($10.41 billion) takeover by corporate raiders Melrose Industries Plc could exacerbate its pensions deficit, prompting Melrose to hit back that it had offered to pump as much as 150 million pounds into the scheme. bit.ly/2DPhvjh Sky News - A diplomatic row has broken out between Britain and EU over the rule of law and when the final Brexit deal needs to be reached. bit.ly/2Fq1Ova - David Beckham, one of England's greatest footballers, will be one of the owners of Miami's new team, which was confirmed at an event in the city on Monday. bit.ly/2GqjAjo The Independent -easyJet plc chief executive Johan Lundgren is taking a 34,000 pounds pay cut to reduce his salary to that of his predecessor Carolyn McCall, in a bid to show his "personal commitment" to equal pay for men and women. ind.pn/2DZtzOt - UK fashion and clothes retailers have defended themselves after it emerged on Monday that they have yet to sign a deal renewing their commitment to factory safety in Bangladesh. ind.pn/2BDoaqJ
Shares of Dr Pepper Snapple Group (DPS) skyrocketed to a new all-time high on Monday after it was announced that coffee giant Keurig Green Mountain is set to purchase the beverage maker.