DPS posts
FeedPosted Nov 4th 2009 3:15PM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Forecasts
Dr Pepper Snapple Group Inc. (NYSE: DPS) -- which includes A&W, Hawaiian Punch, Welch's, 7UP, Clamato, Margaritaville, and Yoo-Hoo among its diverse beverage offerings -- is scheduled to discuss its third-quarter 2009 financial results in a conference call Thursday at 11:00 AM ET, hosted by CEO Larry Young and CFO John Stewart. You can catch the live webcast of the call and accompanying slide presentation on the company's website.
During the three months that ended in September, Dr Pepper launched an energy drink and reaffirmed its full-year guidance. Analysts surveyed by Thomson Reuters expect this Plano, Tex.-based bottler and distributor of nonalcoholic beverages to report that earnings for that period rose 8.2% from a year ago to $0.49 per share. However, revenue for the quarter is expected to be 4.2% lower to $1.4 billion.
Continue reading Dr Pepper earnings preview: Lower revenue, higher profit seen for Q3
Posted Oct 4th 2009 12:30PM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Forecasts, PepsiCo (PEP), Alcoa Inc (AA), Family Dollar Stores (FDO), Yum Brands (YUM)
Alcoa Inc. (NYSE: AA) kicks off another earnings season this week, and analysts surveyed by Thomson Reuters are looking for another net loss for the third quarter. Can we take that as a sign of things to come, or as a bellwether for the economy? Well, barring a big downside surprise, this will be the third narrower quarterly loss for Alcoa. But while Alcoa beat estimates in July, it missed them in April. Alcoa's shares, on the other hand, are up 145.6% since the March low, which is well more than twice as much either the Dow or the S&P 500.
During its third quarter, New York-based Alcoa continued restructuring efforts, remained a part of the DJIA Sustainability Index, and declared a quarterly dividend. It is expected to report a net loss of $0.12 per share for the three months that ended in September. That compares to a profit of $0.37 in the same period of last year. Third-quarter revenue is forecast to have fallen 38.3% to $4.5 billion. Analysts so far expect to see a profit in the fourth quarter, but not for the full year. Alcoa has missed earnings expectations in three of the past four quarters. The long-term EPS growth forecast is 20.0%, again much better than the S&P 500. The First Call consensus recommendation is to hold AA; CNBC concurs that now is not the time to buy. At $12.82, shares are 30.0% higher than three months ago, but 33.4% lower than a year ago.
Continue reading The week in preview: Another earnings season begins: Alcoa, PepsiCo, Monsanto ...
Posted Aug 15th 2009 12:10PM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Wal-Mart (WMT), Blockbuster Inc 'A' (BBI), Applied Materials (AMAT), CIT Group (CIT), Sara Lee Corp (SLE), Kohl's Corp (KSS), Hormel Foods (HRL), Liz Claiborne (LIZ), Lions Gate Entertainment (LGF)
Continue reading Earnings highlights: Blockbuster, Walmart, Applied Materials, ING, Priceline ...
Posted Aug 12th 2009 4:40PM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Forecasts
Dr Pepper Snapple Group Inc. (NYSE: DPS), the bottler and distributor whose brands also include A&W, Clamato, Country Time, Hawaiian Punch and Motts, is scheduled to discuss its second quarter 2009 results tomorrow morning in a conference call at 9:00 AM ET, featuring CEO Larry Young and CFO John Stewart. You can catch the live webcast on the company's website.
For the quarter in which Dr Pepper entered a marketing agreement with Electronic Arts, Inc. (NASDAQ: ERTS) and expanded its product offerings to McDonald's Corporation (NYSE: MCD) and Jack in the Box (NASDAQ: JACK), analysts surveyed by Thomson Reuters expect the Plano, Tex.-based beverage giant to report that earnings fell 18.3% from a year ago to $0.49 per share, though that's up from better-than-expected $0.37 per share in the first quarter. Revenue for the second quarter is expected to be 3.4% lower to $1.5 billion. Earnings beat estimates in three of the past four quarters, by as much as 8 cents per share.
Continue reading Dr Pepper earnings preview: Q2 not too sweet?
Posted May 22nd 2009 11:00AM by Steven Halpern (RSS feed)
Filed under: Microsoft (MSFT), Pfizer (PFE), Boeing Co (BA), Texas Instruments (TXN), General Dynamics Corp (GD), Northrop Grumman (NOC)
"Golf has Tiger Woods, novelists have Tom Clancy, and the investment community has stars such as Bruce Berkowitz, Bill Nygren, Charlie Dreifus, and Mario Gabelli," states Paul Tracy.
In his The Street Authority Market Advisor, he suggests, "These money managers are at the pinnacle of their craft." Here, he takes a look at these "celebrities" and some of their current top stock holdings.
"These money managers have all amassed prodigious gains over the years for their shareholders. Over the past few months, these gurus have come out with ringing endorsements for certain stocks. This isn't empty talk -- they are putting their money where their mouth is.
Continue reading Investing with the stars: Top stocks from top managers
Posted May 16th 2009 9:40AM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Wal-Mart (WMT), International Business Machines (IBM), Sony Corp ADR (SNE), Penney (J.C.) (JCP), Blockbuster Inc 'A' (BBI), Applied Materials (AMAT), Whole Foods Market (WFMI), Kohl's Corp (KSS), Abercrombie and Fitch (ANF), Nordstrom, Inc (JWN), Liz Claiborne (LIZ), MBIA Inc (MBI), World Wrestling Entertainment (WWE)
Here are some highlights from this past week's earnings coverage from BloggingStocks:
Continue reading Earnings highlights: Walmart, JCPenney, Freddie Mac, Playboy, Whole Foods and more
Posted May 10th 2009 12:30PM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Forecasts, Wal-Mart (WMT)
As earnings season begins to wind down, some apparel retailers are scheduled to report quarterly results this week. Analysts polled by Thomson Reuters anticipate that Walmart Stores Inc. (NYSE: WMT), the 800-pound gorilla in the space, will report that it earned $0.77 per share in the first quarter, about the same as in the first quarter of last year. But JCPenney Co. (NYSE: JCP), Kohl's Corp. (NYSE: KSS), Nordstrom Inc. (NYSE: JWN), and Urban Outfitters Inc. (NASDAQ: URBN) are expected to report lower profits for the first quarter as consumers continued to hold off on spending. Macy's Inc. (NYSE: M) and Abercrombie & Fitch Co. (NYSE: ANF) are expected to have swung to a loss year over year.
Whole Foods Market Inc. (NASDAQ: WFMI) and Winn Dixie Stores Inc. (NASDAQ: WINN) are likewise expected to report declining earnings, while the Great Atlantic & Pacific Tea Co. (NYSE: GAP), parent of the A&P supermarket chain, is expected to have narrowed its net loss 68.9% to $0.28 per share.
Continue reading The week in preview: A peek at apparel retail earnings
Posted Apr 2nd 2009 11:10AM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Amazon.com (AMZN), Abbott Laboratories (ABT), AutoZone Inc (AZO), Black and Decker (BDK), Goldman Sachs Group (GS), Analyst initiations, Blackstone Group L.P (BX)
Analyst upgrades:
- Citigroup upgraded Abbott Lab (NYSE: ABT) to Hold from Sell on valuation following the stock's recent underperformance. The firm maintains a $48 price target.
- Deutsche Bank upgraded shares of Pepsi Bottling (NYSE: PBG) and Dr. Pepper Snapple (NYSE: DPS) to Buy from Hold as they believe carbonated soft drinks market is showing signs of stabilization. The firm raised its price target on Pepsi Bottling to $28 from $25 and on Dr. Pepper Snapple to $22 from $20.
- Baird upgraded CommScope (NYSE: CTV) to Outperform from Neutral and raised their target to $19 from $10 as they expect fundamentals to bottom in Q1 and ramp strongly in Q2 as wireless capex outlook improves.
- Sinopec Shanghai (NYSE: SHI) was raised to Buy from Sell at Goldman.
- TRW Automotive (NYSE: TRW) was upgraded at JP Morgan to Neutral from Underweight.
Continue reading Analyst upgrades, downgrades and initiations: ABT, DPS, BDK, AMZN, GS ...
Posted Mar 10th 2009 10:51AM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Yahoo! (YHOO), Wal-Mart (WMT), Clorox Co (CLX), Kohl's Corp (KSS), Genentech Inc (DNA), Analyst initiations, Suntech Power Hldgs ADS (STP)
Analyst upgrades:
- Keefe Bruyette upgraded AmeriCredit (NYSE: ACF) to Market Perform from Underperform as it believes the company's warehouse facility amendments substantially reduce the risk of bankruptcy in the near term. The firm has a $6 target on the stock.
- Thomas Weisel upgraded Suntech (NYSE: STP) to Market Weight from Underweight on valuation following the recent weakness. The firm has a $6 target on the stock.
- Banc of America/Merrill upgraded Kohl's (NYSE: KSS) to Buy from Neutral on valuation following the recent weakness and believes the company's guidance is achievable.
- Dr. Pepper Snapple (NYSE: DPS) was upgraded to Buy from Neutral at Goldman.
- Digital River (NYSE: DRIV) was raised to Buy from Hold at Deutsche Bank.
- Clorox (NYSE: CLX) was upgraded at Barclays to Equal Weight from Underweight.
Continue reading Analyst upgrades, downgrades and initiations: STP, WMT, DIS, DNA, YHOO ...
Posted Sep 30th 2008 12:50PM by Richard Driver (RSS feed)
Filed under: Rumors, Products and services, Competitive strategy, Wal-Mart (WMT), Marketing and advertising, Viacom (VIA), Best Buy (BBY)
Billboard announced last week that
Best Buy Stores, Inc. (NYSE:
BBY) is rumored to be the exclusive retailer for the continuously pending Guns n' Roses album,
Chinese Democracy, by the end of 2008. For anyone who does not know about this album, it is likely to be one of the longest produced and most expensive in the history of the music business; it went into production in the mid-1990s.
Helping to fuel this rumor is the band's new management, Irving Azoff's Front Line Management, which has a history of releasing new albums exclusively through single retailers. Front Line released the Eagles return album
Long Road Out of Eden through
Wal-Mart Stores, Inc. (NYSE:
WMT) a year ago with massive success. The "new" Guns n' Roses album would predictably see similar success when and if it is ever released, and Best Buy is smart to be grasping at the exclusivity if it is more than a rumor.
But will the album's release recoup the amount of money spent producing it? This is one of the major reasons the album is continuously unreleased, despite rumors of release dates and its appearances on release schedules. A
March 2005 article by the
New York Times stated that production costs had reached $13 million, a figure that could only have increased in the following three and a half years. These high figures raise the question of whether the album will truly be worth release financially, even if it is critically or popularly successful.
Continue reading Good news for Best Buy (BBY): Exclusive deal for Guns n' Roses album
Next Page >