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Keurig Announces Merger With Dr Pepper Snapple

Keurig Announces Merger With Dr Pepper Snapple

PAPER DEAL: KapStone Paper and Packaging Corp. soared 29.6 percent after it agreed to be bought by rival WestRock for $35 a share, or $3.39 billion.

"Having an element of the company that's public while still having an anchored shareholder with incredibly long-term view I think is the optimal combination in today's environment", Robert Gamgort, Keurig Green Mountain CEO, said during a Monday conference call with investors and financial analysts. (DPS) shares were closed at $95.65 a share in the latest session and the stock value loss nearly -0.04% since the beginning of this year. About 291,271 shares traded.

Soda giants including Dr Pepper Snapple, PepsiCo Inc. and Coca-Cola Co. have been racing to expand their portfolios of healthier-seeming drinks such as ready-to-drink coffees and teas, which have been some of the fastest-growing beverage categories in recent years. The firm owned 376,271 shares of the company's stock after selling 1,854,126 shares during the period. It has underperformed by 18.09% the S&P500.

United Capital Financial Advisers Llc increased its stake in Waste Management Inc (WM) by 54.68% based on its latest 2017Q3 regulatory filing with the SEC.

The new company is targeting $600 million in synergies on an annualized basis by 2021, the merger partners said.

Interocean Capital Llc decreased Blackrock Inc (NYSE:BLK) stake by 8,138 shares to 15,484 valued at $6.92M in 2017Q3. Together, the two companies hope their combined heft will give them more leverage in the marketplace.

Free Cash Flow Growth (FCF Growth) is the free cash flow of the current year minus the free cash flow from the previous year, divided by last year's free cash flow. About 1.16M shares traded. Facebook, Inc. (NASDAQ:FB) has risen 26.75% since January 28, 2017 and is uptrending. The current consensus recommendation provided by covering analysts is 2.50. Therefore 92% are positive. Acrospire Investment Management LLC grew its stake in Dr Pepper Snapple Group by 100.0% during the 2nd quarter. UBS has "Neutral" rating and $99 target. Royal Bank of Canada reiterated a "hold" rating and issued a $91.00 target price on shares of Dr Pepper Snapple Group in a research note on Wednesday, October 25th. On Thursday, July 27 the stock rating was maintained by Susquehanna with "Hold". Amica Retiree Medical Trust purchased a new stake in Dr Pepper Snapple Group in the third quarter valued at $110,000. (NYSE:DPS) has a Shareholder Yield of 0.038676 and a Shareholder Yield (Mebane Faber) of -0.02547. The company was upgraded on Friday, January 22 by CLSA. The company was maintained on Friday, October 13 by Jefferies. (NYSE:DPS) on Monday, September 7 to "Hold" rating. The stock has "Outperform" rating by Barrington Research on Monday, November 9. The firm earned "Hold" rating on Friday, October 23 by Deutsche Bank. The company is scheduled to report first-quarter earnings Thursday. DPS's profit will be $211.24 million for 20.44 P/E if the $1.17 EPS becomes a reality. Analysts giving shares a rating of 1 or 2 would be indicating a Buy. The yield on the 10-year Treasury note rose to 2.70 per cent from 2.66 per cent late Friday, the highest level in nearly four years.

Investors sentiment increased to 2.82 in Q3 2017. It is negative, as 42 investors sold WM shares while 308 reduced holdings. 164 funds opened positions while 273 raised stakes. 316.48 million shares or 7.61% less from 342.53 million shares in 2017Q2 were reported. Moreover, Manufacturers Life Insur The has 0.21% invested in ONEOK, Inc. Investors of record on Thursday, December 14th were paid a dividend of $0.58 per share. Separately, Apple has settled patent infringement lawsuits with touch technology firm Immersion Corporation (NASDAQ:IMMR). (NYSE:WM) for 12,100 shares. Cutter And Comm Brokerage holds 1.2% or 54,598 shares. Shearlink Capital Ltd Limited Liability Company owns 90,954 shares. (NASDAQ:FB) or 3,675 shares. The Texas-based Maverick Cap has invested 7.13% in Facebook, Inc.

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