SodaStream cut its 2014 forecasts after reporting a sharp drop in third-quarter earnings and said it would restructure to spur a return to growth.» Read More
Oct 24- Shares of SodaStream International Ltd surged on Friday after the at-home soda machine maker said it would sell some PepsiCo Inc brands in a limited test. The 10- week trial will begin in a few weeks at Wal-Mart Stores Inc and Bed Bath& Beyond Inc in Orlando and Tampa, Florida, trade publication Beverage Digest reported. SodaStream shares surged as much as 24...
Oct 24- Soda machine maker SodaStream International Ltd said it would sell some of PepsiCo Inc's brands through its soda machines on a test basis later this year. The company did not specify which of PepsiCo's brands would be part of the test. PepsiCo's soda brands include Mountain Dew, and 7 Up.
NEW YORK, Oct 7- The Container Store Group and SodaStream International were both losing more than a fifth of their market value on Tuesday, with earnings and a revenue warning to blame for the slide. SodaStream estimated third-quarter revenue below market expectations, citing weak demand in the United States, and its shares fell as much as 21.6 percent.
NEW YORK, Oct 7- U.S. stocks were lower on Tuesday, with cyclical sectors leading the day's decline following weak data out of Germany that adding to growing concerns over the pace of global economic growth. Among specific stocks, Boeing Co lost 1.2 percent to $124.71 and Caterpillar Inc was down 1.4 percent to $96.66. I don't think this is a trend of something that...
Trader Stephen Weiss would not own SodaStream's stock at current levels. The FMHR crew debate the name.
NEW YORK, Oct 7- U.S. stocks were down in morning trading on Tuesday, pressured by a second straight day of weak data out of Germany, the euro zone's largest economy, but indexes bounced off of session lows. A vacuum of market catalysts will only be filled when earnings start in earnest next week according to Jack De Gan, chief investment officer at Harbor Advisory Corp...
SodaStream on Tuesday warned that third-quarter revenue will come in at approximately $125 million, below Wall Street estimates of $154 million.
NEW YORK, Oct 7- U.S. stocks were set to open slightly lower on Tuesday, pressured by a second straight day of weak data out of Germany, the euro zone's largest economy. A vacuum of market catalysts will only be filled when earnings start in earnest next week according to Jack De Gan, chief investment officer at Harbor Advisory Corp in Portsmouth, New Hampshire.
Oct 7- SodaStream International, the Israeli at-home soda machine maker said to be looking for a buyer, estimated third-quarter revenue that fell short of market expectations, citing weak demand in the United States. SodaStream's shares fell as much as 16 percent in heavy premarket trading on Tuesday. SodaStream's sales in the Americas have fallen in the past...
Some of the names on the move ahead of the open.
SodaStream shares plunged in pre-market trading Tuesday morning after the Israeli company warned that its third-quarter revenue forecasts were well-below Wall Street's expectations.
Oct 7- SodaStream International, an Israeli maker of home soda machines, estimated third-quarter revenue that fell short of analysts' expectations, citing lower-than-expected demand in the United States. "We are very disappointed in our recent performance," Chief Executive Daniel Birnbaum said in a statement. The company estimated revenue of about $125...
Some of Tuesday's midday movers:
Some of Wednesday's midday movers:
Stock futures pointed to a higher open on Wall Street after data had the economy growing 4 percent in the second quarter.
Markit's list of most shorted stocks announcing earnings this week includes several familiar consumer names.
A crush of big cap earnings and arguably the most important economic reports until September make next week the busiest of the summer for markets.
Sodastream shares jumped on Thursday following reports that the company would go private, but investors shouldn't bank on a deal.
Some of Thursday's midday movers:
**SodaStream in talks to be taken private in a deal valuing the company at $828 million, Bloomberg reported, citing people familiar with the matter. **In talks with an investment firm for a deal that would value the company at about $40 per share, Bloomberg said. **SodaStream was not immediately available for comment.