Coca-Cola Amatil Ltd.OTCPK - Current
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  • Thu, Sep. 29, 3:34 PM
    • It don't take long after shareholders at Anheuser-Busch (BUD -1.4%) and SABMiller (OTCPK:SBMRY) formally agreed to a mega-merger before talk of what's the next M&A move cropped up with plenty of heavy hitters holding shares.
    • Both HSBC and Stifel Nicolaus think Coca-Coca (KO -0.1%) will be the next target for the beer behemoth, perhaps even sooner than some may think. The synergy math could be stunning if all the complications of an acquisition are worked out.
    • On the bottling side, the integration of SABMiller into A-B has plenty of implications for the sector, even more so if speculation over a Coca-Cola deal escalates.
    • Related bottling stocks: COKE, CCE, KOF, OTC:COCSF, OTC:COKEB, OTCPK:CCLAY, OTCPK:CCLAF.
    | Thu, Sep. 29, 3:34 PM | 45 Comments
  • Fri, Apr. 29, 1:29 PM
    • Monster (MNST +12.9%) rips higher after a nifty $0.07 EPS beat that was split almost evenly between sales growth and margin gains.
    • On Wall Street, Susquehanna raised estimates on the beverage company after factoring in the company's strong Q1 report.
    • Analyst Pablo Zuanic forecast FY16 EPS of $3.78 and FY17 EPS of $4.45. He also assigned a 30% premium to Monster in comparison to peers to derive a new price target of $132. The Neutral stance on MNST from Zuanic is based in part on some risk in international markets and the potential for further disruption during the transition to the Coca-Cola system.
    • On top of earnings today, Monster struck a key distribution deal with Coca-Cola Amatil (OTCPK:CCLAF, OTCPK:CCLAY) and announced its intent to buy back $2M in shares through a modified Dutch auction tender process.
    • Monster's trading volume today is already 2X normal activity.
    • Previously: Monster Beverage beats by $0.06, beats on revenue
    | Fri, Apr. 29, 1:29 PM | 3 Comments