• News
  • Money

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.

Leave Your Comment

Leave Your Comment


Latest News

  • Daniel Sturridge close to loan switch from Liverpool to Newcastle United

    Daniel Sturridge close to loan switch from Liverpool to Newcastle United

    He's to undergo a medical ahead of completing a deal. "This felt like the right fit", Sturridge told West Brom's official website. Inter have been heavily linked with a move for Sturridge and the striker is thought to be interested in a move to Italy.

    Theresa May's ex-adviser Nick Timothy demands end to austerity

    She said: "Passions were running high as we all worked to get the Brexit bill through, and mine regrettably spilt over".
    Kesha Rocked the Grammys Stage With Fearless Performance

    Kesha Rocked the Grammys Stage With Fearless Performance

    She called for a more equitable environment in the industry that was being celebrated at the award show. Luke runs Kemosabe Records, a subsidiary of Sony's music label, and has Kesha signed on to a contract.
  • US Commerce Chief Sees Hope for NAFTA Talks, Says Congressman

    US Commerce Chief Sees Hope for NAFTA Talks, Says Congressman

    He said about 75 to 80 per cent of Manitoba's trade is with the United States, and while talks go on businesses remain uncertain. Flavio Volpe of the Canadian Auto Parts Manufacturers Association cast the US representative's reaction as purely tactical.
    Girl's Daytime Kidnapping Captured in Chilling Footage

    Girl's Daytime Kidnapping Captured in Chilling Footage

    Authorities are now attempting to determine if the suspect has other victims that they don't know about. According to the Attorney's Office, Protho parked the vehicle in an alley and assaulted the child.
    PSG's Pastore open to Inter move to earn World Cup spot

    PSG's Pastore open to Inter move to earn World Cup spot

    Liverpool and Spurs have been dealt a major transfer blow in regards to their pursuit of Argentina global Javier Pastore . However, earlier this month PSG boss Emery claimed there was still a place for him at the Parc des Princes .
  • Steve Wynn Resigns As RNC Finance Chair After Harassment Allegations

    Steve Wynn Resigns As RNC Finance Chair After Harassment Allegations

    At the same time, the board of directors said a committee of independent directors would investigate the allegations. And Republican representative Karen Handel donated a $2,700 contribution Wynn made to her campaign.
    The Trump Administration Is Considering Building a 5G Network to Counter Cyberspying

    The Trump Administration Is Considering Building a 5G Network to Counter Cyberspying

    Federal Communications Commission chairman Ajit Pai, whose agency regulates the telecom sector, also voiced strong opposition. He goes on to proclaim that "The market, not the government, is best positioned to drive innovation and investment".
    New Zealand rescuers discover 7 survivors from lacking Kiribati ferry

    New Zealand rescuers discover 7 survivors from lacking Kiribati ferry

    Kiribati is a collection of 33 islands with a population of 110,000 people, with the largest group located 1,500km north of Fiji. Commodore Darryn Webb who leads the rescue mission said that no other survivor has been found, at this moment.
  • Worth Observing Stocks: General Electric Company (GE), Intel Corporation

    Bank Of New York Mellon Corp sold 624,136 shares as the company's stock declined 7.64% while stock markets rallied. Chemung Canal Trust Co. increased its holdings in shares of Emerson Electric by 1.7% during the fourth quarter.
    Trump blasts European Union  trade relationship

    Trump blasts European Union trade relationship

    Secondly, ministers are ready to update the directives according to the progress. The UK will also have to comply with European Union trade policy.
    Police search gardens for alleged serial killer victims

    Police search gardens for alleged serial killer victims

    The bodies were reportedly found dismembered and hidden on a residential property, and some of the remains had been dismembered. Members of the LGBTQ community were pushing for answers past year in light of the disappearances of Esen, 44, and Kinsman, 29.
  • What does Jurgen Klopp have to do to get fired?

    What does Jurgen Klopp have to do to get fired?

    He began his senior career at Liverpool but made only one competitive appearance. "Does it mean we will be successful? No".
    Trump Attacks Jay-Z For Criticizing His Alleged 'Sh*thole Countries' Remark

    Trump Attacks Jay-Z For Criticizing His Alleged 'Sh*thole Countries' Remark

    A few days later, Trump again tweeted about the low unemployment, taking an opportunity to criticize Democrats as well. As Jay-Z and Trump trade verbal blows, this whole fiasco will be particularly devastating for one individual: Eminem.
    Jury finds Ronald Gasser guilty of manslaughter in death of Joe McKnight

    Jury finds Ronald Gasser guilty of manslaughter in death of Joe McKnight

    Shute acknowledged that McKnight had a hand on the open, passenger side window of Gasser's vehicle before he was shot. Gasser claimed the shooting was in self-defense, and he did not testify during the six-day trial.
  • Security risk: Fitness app shows Dutch military patrol routes in Mali

    Security risk: Fitness app shows Dutch military patrol routes in Mali

    The Post added that other journalists on Twitter were also weighing in on what they identified to be US military bases . The global heatmap contains more than 1 billion activities logged on Strava from 2015 through September 2017.

    Shareholder Saturna Capital Has Upped Johnson & Johnson (JNJ) Holding; Starbucks (SBUX) Shareholder

    Zacks Investment Research upgraded Starbucks from a "sell" rating to a "hold" rating in a report on Thursday, October 5th. The company reported the earnings of $0.65/Share in the last quarter where the estimated EPS by analysts was $0.57/share.
    At least 33 die in SK hospital fire

    At least 33 die in SK hospital fire

    The cause of the fire is not yet known, said Choi Man-woo, head of Miryang Fire Station, in a televised press briefing. With the death count near 40, this tragedy is already among the deadliest fires in South Korean history.

Breaking News



Recommended

Jason Day, Alex Noren face off in Monday playoff at Farmers

Playing out of the third-to-last threesome, he hit six (of 14) fairways and 10 greens in regulation, gaining 3.014 tee-to-green. Day joked that they could have continued to play, that all that was needed was some vehicle headlights along the fairway.

MLS Expected to Award David Beckham Miami Expansion Franchise at Last

In a video message Victoria Beckham said: "I look forward to spending much more time in Miami as a family". David Beckham can finally see the goal in Miami , and his Major League Soccer team is about to be born.

FBI Deputy Director Andrew McCabe stepping down from post

He had always been expected to retire from government in March, when he was eligible to receive his benefits for his years of service.

Mauricio Pochettino would rather work on a farm than manage Arsenal

And then I look stupid saying I am not going to work in one place or another. The former Argentina worldwide said: " I am so clear ".

Tim Cahill 'comes home' to Millwall 14 years after leaving the club

Cahill played 251 matches at The Den between 1998 and 2004, scoring 57 goals before leaving for Everton and the Premier League . It is Millwall too where he wishes to end his career, according Sky Sports , and is expected to sign in the next few days.

Indians to remove Chief Wahoo logo in 2019

Manfred began talks with Cleveland ownership to drop the mascot last April, indicating in October that it was on his offseason agenda.

Madden NFL 18 predicts Patriots defend title vs. Eagles

So, who will the Steelers fans be rooting for on February 4 when the Eagles and Patriots square off in Super Bowl LII? Owner Robert Kraft, coach Bill Belichick , and players Danny Amendola , Devin McCourty , and Duron Harmon also spoke.

German vehicle maker experiment forced monkeys to breath diesel fumes

Angela Merkel's government has called a meeting with the affected auto companies to ask them to explain themselves. The Lovelace tests used a 2014 Beetle TDI to test the toxicity of diesel exhaust fumes on lab monkeys .

Several killed in clashes in Yemen's southern city Aden

Ahead of the planned separatist protest, the coalition called for calm and restraint from "all Yemeni political and social" parties.

Koreas try out Olympic diplomacy at North Korean ski resort

While South and North Korea are now looking at several dates, the event will be reportedly held on the afternoon of February 4. South Korean military officials also have said the drills would resume but it's too soon to disclose the exact date and size.