5 stories mentioning KOFUpdated 46d ago
Every FINWIRES story that references KOF, newest first.
Recent broker actions mentioned in FINWIRES coverage. Compiled from wire headlines; not investment advice.
Coca-Cola (KOF) has an average rating of overweight and mean price target of $118.35, according to analysts polled by FactSet.Price: $111.17, Change: $+2.18, Percent Change: +2.00%
Consumer stocks were higher late Monday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) increasing 1.5% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) adding 1.3%.In corporate news, Ford (F) has joined the competition to build the US Army's newest tactical truck, marking its pursuit of its largest military contract since the Cold War, The Wall Street Journal reported Monday. Ford shares added 1.6%.JetBlue Airways (JBLU) said Monday it is introducing new fare options as part of a simplified flight shopping process to prepare for the launch of BlueFirst, its new domestic first-class product. Its shares rose 2.9%.Coca-Cola FEMSA (KOF) shares jumped past 5% after the company reported better than expected Q2 earnings and revenue.Brown-Forman (BF.A, BF.B) said Sunday it has received an unsolicited takeover offer from Sazerac, and concluded that the proposal is "not actionable." Brown-Forman Class A shares rose 4.3%, and its Class B shares climbed 4.8%.
Consumer stocks were higher Monday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) increasing 1.3% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) adding 1.1%.In corporate news, Ford (F) has joined the competition to build the US Army's newest tactical truck, marking its pursuit of its largest military contract since the Cold War, The Wall Street Journal reported Monday. Ford shares added 0.8%.Coca-Cola FEMSA (KOF) shares jumped nearly 5% after the company reported better than expected Q2 earnings and revenue.Brown-Forman (BF.A, BF.B) said Sunday it has received an unsolicited takeover offer from Sazerac, and concluded that the proposal is "not actionable." Brown-Forman Class A shares rose 3.5%, and its Class B shares climbed up 3.6%.
Consumer stocks were higher Monday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) increasing 1.3% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) adding 1.1%.In corporate news, Coca-Cola FEMSA (KOF) shares jumped past 5% after the company reported better than expected Q2 earnings and revenue.
(Updates to add the company's share move in the headline and in the first paragraph.)Coca-Cola FEMSA (KOF) shares were up 1.6% in Monday trading after the company reported better than expected Q2 earnings and revenue.The company posted quarterly earnings of 29.57 Mexican pesos ($1.69) per ADS.Two analysts polled by FactSet expected 27.83 pesos.Revenue for the quarter ended June 30 was 76.32 billion pesos, up from 72.92 billion pesos a year earlier.Analysts expected 75.66 billion pesos.Price: $104.31, Change: $+1.60, Percent Change: +1.56%
