Keurig buys Dr. Pepper Snapple, creating a beverage giant

Share

Boston Advisors Llc sold 189,557 shares as the company's stock declined 3.26% while stock markets rallied.

Electronic storage specialist Seagate Technology PLC (NASDAQ:STX) reported fiscal second-quarter adjusted earnings of $1.48 per share on $2.9 billion in revenue - more than analysts were expecting.

The new company will unite carbonated favorites like Dr Pepper and 7 Up with some of the single-serve Keurig pods you and your office pals just can't quit. The stock decreased 0.16% or $0.15 during the last trading session, reaching $95.81.

Gold, which hit an 18-month high last week, fell $11.80 to $1,340.30 an ounce. Dr Pepper Snapple Group, Inc.

The new company will be traded on the New York Stock Exchange. Essex Financial Services has 0.05% invested in ONEOK, Inc. The firm purchased 22,838 shares of the company's stock, valued at approximately $2,217,000. For the quarter, shares have been noted at 11.85%. The company has a market cap of $17,324.81, a price-to-earnings ratio of 23.98, a PEG ratio of 2.06 and a beta of 0.59. Before the announcement, the stock had been up 5.5% from this time past year. About 2.16M shares traded or 22.42% up from the average. SP Plus Corporation (NASDAQ:SP) has risen 33.01% since January 29, 2017 and is uptrending. It has underperformed by 0.67% the S&P500. The company has a debt-to-equity ratio of 2.07, a quick ratio of 0.74 and a current ratio of 0.93. In early 2015, Keurig signed a multi-year agreement to sell pods of Dr Pepper soda brands for the Keurig Cold system in the USA and Canada. The ERP5 of Dr Pepper Snapple Group, Inc. (NYSE:DPS) has "Buy" rating given on Thursday, August 31 by Stifel Nicolaus. The company was downgraded on Wednesday, January 13 by Goldman Sachs. They issued a "buy" rating and a $104.00 price objective for the company. Jefferies has "Buy" rating and $11200 target. The firm earned "Hold" rating on Friday, October 23 by Deutsche Bank. Dr Pepper Snapple Group, Inc. (NYSE:ARI) to report earnings on February, 26. Share performance for the month is now at -0.71%. DPS's profit will be $211.24 million for 25.32 P/E if the $1.17 EPS becomes a reality. Wells Fargo & Co boosted their price target on shares of Dr Pepper Snapple Group from $98.00 to $112.00 and gave the company an "outperform" rating in a report on Thursday, January 4th.

More news: Flu Season Death Rate At Epidemic Level — CDC
More news: Patrol plane sights Kiribati ferry survivors
More news: Man shot in Sydney 'after stabbing police officer'

Bond prices fell. The yield on the 10-year Treasury note rose to 2.69 percent.

United Capital Financial Advisers Llc, which manages about $9.56 billion and $11.79B US Long portfolio, decreased its stake in Aon Plc (NYSE:AON) by 4,265 shares to 11,384 shares, valued at $1.66 million in 2017Q3, according to the filing. It also reduced Energy Select Sector Spdr Etf (XLE) stake by 9,966 shares and now owns 6,211 shares.

Investors sentiment increased to 2.82 in Q3 2017. Its down 0.10, from 1.03 in 2017Q2. It is positive, as 52 investors sold OKE shares while 103 reduced holdings. 79 funds opened positions while 248 raised stakes. 264.73 million shares or 40.11% more from 188.94 million shares in 2017Q2 were reported.

Ratings analysis reveals 0 of Apollo Commercial Real Estate's analysts are positive. They expect $1.17 EPS, up 12.50% or $0.13 from last year's $1.04 per share. Shearlink Capital Ltd Limited Liability Company owns 90,954 shares. (NYSE:OKE) for 3,976 shares. The Texas-based Maverick Cap has invested 7.13% in Facebook, Inc. 247,452 shares were sold by Zuckerberg Mark, worth $42.50 million on Tuesday, September 19. Linscomb & Williams invested in 0.09% or 6,349 shares. Mengis Inc holds 0.42% in Facebook, Inc. (NYSE:WM) or 722,019 shares.

The ERP5 Rank is an investment tool that analysts use to discover undervalued companies. Facebook had 220 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has "Overweight" rating by Morgan Stanley on Tuesday, May 16. Stifel Nicolaus has "Buy" rating and $114.0 target. Dr Pepper Snapple Group has a 12-month low of $83.23 and a 12-month high of $126.65. Engineers Gate Manager Lp reported 18,453 shares. The stock has "Buy" rating by Mizuho on Thursday, November 3.

Share