First Trust NASDAQ-100 Equal Wtd ETF
Hershey Rejects Mondelez’s Takeover Offer, Wall Street Responds
The average broker target price for Hershey has risen to $95.5 from $91.23. This represents an increase of 14% from the stock’s closing price of $109.12 on July 20, 2016.
Analysts’ Recommendations for Mylan
Mylan (MYL), which has a global presence, is focused on developing, manufacturing, and distributing generic, brand name, and over-the-counter products in various therapeutic categories.
Trump Hasn’t Received Funding from the Travel Industry
Trump hasn’t received funding from any PACs related to airlines, online travel, or hospitality. He hasn’t received support from executives in the industry.
Marriott-Starwood Merger Creates the World’s Largest Hotel Chain
The Marriott-Starwood merger creates the world’s largest hotel chain. Spanning across 110 countries, it will have more than 5,700 properties.
How Has Hain Celestial’s Stock Fared ahead of Fiscal 4Q16 Results?
So far, Hain Celestial’s stock has shown tremendous growth of 31% in 2016, led by an exceptional performance each quarter. The stock has gained 16% since its last quarterly earnings release on May 4.
Kraft Heinz in Fiscal 2Q16: How Did Its Segments Perform?
Kraft Heinz operates through its four geographic segments—the US, Canada, Europe, and the Rest of World. The US segment’s net sales were $4.69 billion.
Analyst Recommendations for Hershey after Its 2Q16 Results
Around 94% of analysts still rate Hershey a “hold,” and 6% rate it a “sell.” No analysts rate it a “buy.”
How Mondelez Compares to Its Peers’ Key Moving Averages
On July 27, Mondelez closed at $43.94. The stock is trading 1.2% above its 100-day, 1.4% below its 50-day, and 2.9% below its 20-day moving averages.
What’s Mondelez’s Outlook for Fiscal 2016?
Mondelez provided its fiscal 2016 outlook during the second quarter earnings call. It reduced its estimate for organic net revenue growth to ~2%.
Did Mondelez’s Earnings Manage to Beat Estimates in 2Q16?
Mondelez exceeded analysts’ earnings estimates of $0.40 by 10% for 2Q16. The adjusted EPS (earnings per share) was ~$0.44 for the quarter.
What’s Kraft Heinz’s Outlook for 2016?
Kraft Heinz’s management discussed its fiscal 2016 outlook during its last quarter’s earnings call. KHC remains on track or ahead in its areas of integration.
How Mondelez Compares to Key Moving Averages
On July 19, 2016, Mondelez (MDLZ) closed at $45.58. The stock is trading 5.5% above its 100-day, 2.5% above its 50-day, and 2.1% above its 20-day moving averages, respectively.
Mondelez’s Revenue Expectations for Rest of Fiscal 2016
In its fiscal 1Q16, Mondelez International (MDLZ) reaffirmed the fiscal 2016 outlook it announced during its 4Q15 results.
What’s Expected of Mondelez’s Earnings for 2Q16?
Analysts expect Mondelez’s adjusted EPS to be $0.40 compared to $0.47 in 2Q15.