A group of soft drink sellers including Coca-Cola (KO +0.5%) and PepsiCo (PEP -0.5%) step up efforts to stem a rising tide of concerns over the health effects of drinking soda drinks including diet versions. An industry-sponsored ad ran in the NYT last week to promote calorie-cutting measures. In order to avoid the possibility of being required to put health warnings on cans, Coca-Cola has even modified its recipe - although the company claims consumers won't taste any difference. [View news story]
Not so much a Grexit as a Geuro, Deutsche Bank head of research Thomas Mayer says Greece's best chance of survival may be to stay in the eurozone but opt for its own parallel currency. The Geuro would help Greece balance its budget without Troika help, which means Greece could jettison the strict austerity conditions attached to the aid money. [View news story]
Apple (AAPL) has ordered iPhone displays that measure at least 4", the WSJ reports, with production set to begin next month. With most rival high-end devices now sporting 4"+ displays, rumors (I, II, III) have abounded that the next iPhone will sport a larger screen size, but this is the most concrete one yet. Samsung's (SSNLF.PK) recently-announced Galaxy S III will feature a 4.8" display. [View news story]
Relational Investors will disclose a stake in PepsiCo (PEP +1.1%), according to the WSJ. The position by the activist investment firm, though small as a percentage of outstanding shares, could still increase pressure on PepsiCo's management and board to consider options to boost shareholder value including a possible breakup or spinoff of units. [View news story]
"Iron ore had an amazing rally of 1770% in 11 years" Perhaps, but your comparison is biased. You pick the absolute low point (post-IT bubble) to the height of a surging china demand. The 1770 figure is not real growth either, that would need to be adjusted for inflation. Your intro makes the impression that iron prices are in massive bubble territory.
More on Tesla Motors (TSLA): Q1 misses across the board, despite a 10% jump in deliveries in its European and Asian markets. The company notes initial deliveries of its Model S to customers in the United States will begin in June, one month ahead of schedule and ups FY12 guidance, now expecting to earn between $560M - $600M. Street estimates are for $561M. Shares +8% AH. [View news story]
EPS isn't everything, especially in Tesla's case. All is riding on a succesful launch of Model S and having a demand for it.
Teva (TEVA):Q1 EPS of $1.47 beats by $0.03. Net revenue of $5.1B (+25% Y/Y) misses by $0.4B. The eurozone's macroeconomic woes resulted in weaker generics sales in that region. Declares a Q1 cash dividend of 1 NIS per share. [View news story]
What do you mean look? They are better! I think mainly it's due to healthy growth in branded drugs (high margin) and disappointment in Europe for generic medicine.
You'd think generic medicine wouldn't be affected much by economic downturns. ;) Anyway, the results aren't that bad.
S&P 500 futures gap down 1% at the open following Hollande's victory in France and a poor showing by Pasok and New Democracy in Greece (regional elections in Germany didn't go Merkel's way either). German Dax futures -1.3%, France's CAC 40 -1.5%. The euro gaps down 70 pips to $1.3009 vs. the greenback, and £0.8059 vs. sterling, the lowest level since late 2008. [View news story]
A group of soft drink sellers including Coca-Cola (KO +0.5%) and PepsiCo (PEP -0.5%) step up efforts to stem a rising tide of concerns over the health effects of drinking soda drinks including diet versions. An industry-sponsored ad ran in the NYT last week to promote calorie-cutting measures. In order to avoid the possibility of being required to put health warnings on cans, Coca-Cola has even modified its recipe - although the company claims consumers won't taste any difference. [View news story]
Not so much a Grexit as a Geuro, Deutsche Bank head of research Thomas Mayer says Greece's best chance of survival may be to stay in the eurozone but opt for its own parallel currency. The Geuro would help Greece balance its budget without Troika help, which means Greece could jettison the strict austerity conditions attached to the aid money. [View news story]
Earnings Preview: Trina Solar [View article]
No True Reason To Sell Your Fertilizer Stocks [View article]
Apple (AAPL) has ordered iPhone displays that measure at least 4", the WSJ reports, with production set to begin next month. With most rival high-end devices now sporting 4"+ displays, rumors (I, II, III) have abounded that the next iPhone will sport a larger screen size, but this is the most concrete one yet. Samsung's (SSNLF.PK) recently-announced Galaxy S III will feature a 4.8" display. [View news story]
Relational Investors will disclose a stake in PepsiCo (PEP +1.1%), according to the WSJ. The position by the activist investment firm, though small as a percentage of outstanding shares, could still increase pressure on PepsiCo's management and board to consider options to boost shareholder value including a possible breakup or spinoff of units. [View news story]
Germany (EWG) could face an energy catastrophe this winter, largely due to its overly aggressive green energy policy. [View news story]
Iron Ore, The 'Magnetic Metal' [View article]
Perhaps, but your comparison is biased. You pick the absolute low point (post-IT bubble) to the height of a surging china demand. The 1770 figure is not real growth either, that would need to be adjusted for inflation. Your intro makes the impression that iron prices are in massive bubble territory.
Pepsi: This Dividend King Is A 'Must Buy' Now [View article]
More on Tesla Motors (TSLA): Q1 misses across the board, despite a 10% jump in deliveries in its European and Asian markets. The company notes initial deliveries of its Model S to customers in the United States will begin in June, one month ahead of schedule and ups FY12 guidance, now expecting to earn between $560M - $600M. Street estimates are for $561M. Shares +8% AH. [View news story]
Statoil May Be One Of The Better Places To Put Your Money [View article]
Teva (TEVA): Q1 EPS of $1.47 beats by $0.03. Net revenue of $5.1B (+25% Y/Y) misses by $0.4B. The eurozone's macroeconomic woes resulted in weaker generics sales in that region. Declares a Q1 cash dividend of 1 NIS per share. [View news story]
You'd think generic medicine wouldn't be affected much by economic downturns. ;) Anyway, the results aren't that bad.
Teva Reports First Quarter 2012 Results [View article]
This High Yielding Energy Concern Is Getting Cheap [View article]
S&P 500 futures gap down 1% at the open following Hollande's victory in France and a poor showing by Pasok and New Democracy in Greece (regional elections in Germany didn't go Merkel's way either). German Dax futures -1.3%, France's CAC 40 -1.5%. The euro gaps down 70 pips to $1.3009 vs. the greenback, and £0.8059 vs. sterling, the lowest level since late 2008. [View news story]