Equifax will give consumers a range of options for monitoring their credit or making claims of fraud or data misuse, part of a $425 million restitution fund.Technologyread more
Secretary of Education Betsy DeVos and her family have seen their investments skyrocket since President Donald Trump started enacting pro-business policies. Meanwhile, DeVos...Politicsread more
The construction industry is heavily dependent on Hispanic and Latino workers, a workforce that diminished during the last housing crisis and has not come close to full...Real Estateread more
The Massachusetts senator's alarm-sounding on consumer debt neglects to measure it against the growth in the economy and the ability to pay.Economyread more
A group of gold miners stocks, "BAANG," are better plays than mega-cap FAANG names, according to John Roque, technical analyst at Wolfe Research.Marketsread more
T-Mobile is choosing to move ahead with a merger with Sprint even though it will prop up Dish Network as a new, possibly disruptive fourth U.S. wireless competitor.Technologyread more
Danger is lurking in the stock market: An abrupt sell-off could be around the corner if the Federal Reserve doesn't deliver the rate cut the market expects next week, the firm...Marketsread more
Shares of Beyond Meat jumped 12% Monday afternoon, nearing its all-time high, on investor optimism ahead of its earnings.Food & Beverageread more
Carl Icahn thinks Occidental Petroleum's CEO got played by the Oracle of Omaha himself in the company's effort to buy Anadarko Petroleum.Investingread more
The U.S. Food and Drug Administration has approved the first generic copies of a popular, pricey pill for nerve pain. The agency on Monday said it approved nine generic...Biotech and Pharmaceuticalsread more
Starbucks is licensing its mobile and loyalty program technology in a deal that will give global franchisees the chance to offer the Starbucks mobile app to customers.Restaurantsread more
Changes are coming at Coca-Cola and not all of them may be good for the soft drink giant, according to UBS analysts who downgraded the shares.
UBS cut Coke from buy to neutral, even while raising the price target from $50 to $51, implying 3.6 percent upside from Wednesday's close. Shares were up marginally Thursday.
"KO is a stock for stable earnings growth to ride out defensive times but change is in the air as price increases set-in, the company pursues a transformational non-core deal (Costa), refranchising nears completion and a new CFO takes the helm," UBS said in a research note.
The company in August announced the $5.1 billion purchase of Costa, an international coffee chain with more than 3,800 locations worldwide. The deal is likely to close in the first half of 2019 and will allow Coke to compete in both the hot and cold drink spaces, though it's unlikely Costa spots will open in the U.S. anytime soon.
With six deals behind it in 2018, Coke CEO James Quincy told CNBC earlier this week that investors shouldn't expect the same pace to continue in the year ahead.
UBS said the changes Coke underwent this year will pose challenges.
"We see modest risk that any one of moving parts could allow management to back away from long-held global growth targets. Valuation is back above its historical premium to the group which we believe reflects [improving] operating metrics following refranchising as well as the start of a defensive rotation," the analysts said.
Coca-Cola's stock has been a strong performer this year, rising 7.3 percent through Wednesday, easily outperforming the S&P 500, which is off 0.8 percent, and the consumer staples sector, which has fallen 4.2 percent. Its average target price among analysts is $51.63, according to FactSet.