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MolsonCoors


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Molson Coors up after brokerages raise PT on EPS growth

BUZZ-Molson Coors up after brokerages raise PT on EPS growth ** Shares of Molson Coors Beverage TAP.N up as much as 6.7% at $60.56, its highest level since April 30 ** Wells Fargo upgrades stock to "overweight" from "underweight"; raises PT to $74 from $52 ** Brokerage says TAP's ability to return cash at low valuation seems unique ** "It's time to move on from our cautious view, as we now want to chase a model where unique cash returns support EPS growth with little EBIT growth needed" — Well
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U.S. STOCKS BorgWarner, Digital Realty, Take-Two

BUZZ-U.S. STOCKS ON THE MOVE-BorgWarner, Digital Realty, Take-Two Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes added to their gains on Thursday in the run-up to the Federal Reserve's interest-rate decision, extending a sharp rally sparked by Donald Trump's stunning comeback as U.S.
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Molson Coors forecasts annual sales decline as US volumes take a hit

UPDATE 1-Molson Coors forecasts annual sales decline as US volumes take a hit Adds company comment in paragraph 3 Nov 7 (Reuters) - Molson Coors TAP.N on Thursday forecast lower full-year sales and missed Wall Street estimates for quarterly revenue as the Coors Light beer maker grapples with a hit to volumes in the United States amid higher prices.
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U.S. STOCKS Ralph Lauren, CoreCivic, WK Kellogg

BUZZ-U.S. STOCKS ON THE MOVE-Ralph Lauren, CoreCivic, WK Kellogg Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes held on to their gains on Thursday in the run-up to the Federal Reserve's interest-rate decision, extending a sharp rally sparked by Donald Trump's stunning comeback as U.S.
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Molson Coors Beverage Co reports results for the quarter ended in September 30 - Earnings Summary

Molson Coors Beverage Co reports results for the quarter ended in September 30 - Earnings Summary Molson Coors Beverage Co TAP.N reported quarterly adjusted earnings of $1.80​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of $1.92. The mean expectation of sixteen analysts for the quarter was for earnings of $1.67 per share.
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U.S. STOCKS Guardant Health, AppLovin, Sarepta

BUZZ-U.S. STOCKS ON THE MOVE-Guardant Health, AppLovin, Sarepta Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The S&P 500 and the Nasdaq were set to open higher in the run-up to an interest-rate decision from the Federal Reserve on Thursday, extending a sharp rally sparked by Donald Trump's stunning comeback as U.S.
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Molson Coors falls after cutting sales forecast on low beer demand

BUZZ-Molson Coors falls after cutting sales forecast on low beer demand ** Molson Coors Beverage's TAP.N shares fall 1.5% to $55.67 premarket ** Company lowers annual sales forecast as higher prices dent demand for its Blue Moon and Coors Light beers ** TAP now expects 2024 net sales to be down ~1% vs prior forecast of low single-digit percentage i
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Molson Coors Beverage Company Reports 2024 Q3 Results

BRIEF-Molson Coors Beverage Company Reports 2024 Q3 Results Nov 7 (Reuters) - Molson Coors Beverage Co TAP.N : MOLSON COORS BEVERAGE COMPANY REPORTS 2024 THIRD QUARTER RESULTS MOLSON COORS BEVERAGE CO: OUTLOOK FY NET SALES ABOUT 1% DECLINE MOLSON COORS BEVERAGE CO: OUTLOOK FY ADJUSTED EPS MID SINGLE-DIGIT INCREASE COMPARED TO 2023 BUT NARROWING TO
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Molson Coors forecasts annual sales decline as higher prices hit demand

Molson Coors forecasts annual sales decline as higher prices hit demand Nov 7 (Reuters) - Molson Coors TAP.N on Thursday forecast lower full-year sales signaling that higher prices might be beginning to dent demand for the beer maker's brands such as Blue Moon and Coors Light especially in the United States. The company's shares were down 2% before the bell.
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Molson Coors Q3 Adjusted EPS USD 1.8 Vs. IBES Estimate USD 1.67

BRIEF-Molson Coors Q3 Adjusted EPS USD 1.8 Vs. IBES Estimate USD 1.67 Nov 07 (Reuters) - Molson Coors Q3 sales USD 3,042.7 million vs. IBES estimate USD 3,132 million. Q3 pretax profit USD 331.4 million Q3 adjusted pretax profit USD 479.5 million vs. IBES estimate USD 462.5 million Q3 net income USD 199.8 million Q3 adjusted net income USD 374.4 million vs.
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Fed and BOE decide as US House awaited, Germany jarred

MORNING BID AMERICAS-Fed and BOE decide as US House awaited, Germany jarred A look at the day ahead in U.S. and global markets from Mike Dolan World stocks and bond yields pushed higher after Donald Trump's clear U.S. election win and a collapse of Germany's coalition redrew trade and debt-raising maps worldwide - just ahead of likely interest rate cuts from U.S.
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U.S. Elevance Health, Microsoft, UnitedHealth

U.S. RESEARCH ROUNDUP-Elevance Health, Microsoft, UnitedHealth Oct 18 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Elevance Health, Microsoft, and UnitedHealth, on Friday. HIGHLIGHTS * Air Products APD.N : JP Morgan raises target price to $350 from $340 * Elevance Health ELV.N : RBC cuts target price to $478 from $585 * Microsoft MSFT.O : Piper Sandler cuts target price to $470 from $485 * Texas Capital Bancshares
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Wall Street Journal - Sept 4

PRESS DIGEST - Wall Street Journal - Sept 4 Sept 4 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Japanese software developer Fuji Soft 9749.T said it has received a counteroffer proposal from Bain Capital and would consider it if the U.S. private-equity firm submits a binding offer.
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S&P 500 top and bottom performing stocks at about 03:30 p.m. EDT

BUZZ - S&P 500 top and bottom performing stocks at about 03:30 p.m. EDT S&P 500 .SPX Top Performers Percent Change Molson Coors Beverage Co TAP.N +5.2% Dexcom Inc DXCM.OQ +4.8% J M Smucker Co SJM.N +3.7% Church & Dwight Co Inc CHD.N +3.4% Campbell Soup Co CPB.OQ +3.0% Bottom Performers Percent Change Vistra Corp VST.N -10.1% Monolithic Power System
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US companies tweak diversity policies as challenges mount

FACTBOX-US companies tweak diversity policies as challenges mount Adds Molson Coors Sept 3 (Reuters) - More U.S. companies are modifying their diversity, equity, and inclusion (DEI) programs meant to boost racial and ethnic representation at workplaces amid rising pressure from conservative groups. At least six major U.S. companies, including JPMorgan Chase JPM.N , modified their DEI policies last year, according to a Reuters review of corporate statements.
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U.S. STOCKS Dyne Therapeutics, Maxeon Solar, chip stocks

BUZZ-U.S. STOCKS ON THE MOVE-Dyne Therapeutics, Maxeon Solar, chip stocks Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes fell over 1% on Tuesday as investors assessed subdued factory activity data ahead of a slew of labor market reports due through the week that could influence the extent of monetary policy easing by the Federal Reserve.
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U.S. STOCKS Walgreens, Copper miners, Simon Property

BUZZ-U.S. STOCKS ON THE MOVE-Walgreens, Copper miners, Simon Property Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes fell over 1% as investors assessed latest factory activity data, with a slew of labor market reports due through the week that could influence the extent of monetary policy easing by the Federal Reserve this year.
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S&P 500 top and bottom performing stocks at about 12:00 p.m. EDT

BUZZ - S&P 500 top and bottom performing stocks at about 12:00 p.m. EDT S&P 500 .SPX Top Performers Percent Change Molson Coors Beverage Co TAP.N +6.1% Dexcom Inc DXCM.OQ +4.3% SBA Communications Corp SBAC.OQ +3.0% Church & Dwight Co Inc CHD.N +3.0% Southwest Airlines Co LUV.N +3.0% Bottom Performers Percent Change Vistra Corp VST.N -9.2% Boeing Co
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Wall Street Journal - Aug. 14

PRESS DIGEST - Wall Street Journal - Aug. 14 Aug 14 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Elliott Investment Management said it plans to launch a proxy fight at Southwest Airlines LUV.N and plans to nominate 10 director candidates to Southwest's 15-person board, including David Cush, the former CEO of Virgin America and Robert Milton, the former CEO of Air Canada.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Updates Carlyle and Bellway; Adds eSentire, Blackstone Group, Tilray Brands, Rheinmetall Aug 13 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2 100 GMT on Tuesday: * * Rheinmetall RHMG.DE would buy U.S.-based military vehicle parts maker Loc Performance in a $950 million deal, the German defense group said.
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