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How Aluminum Prices Impact Monster Beverage's Gross Margins
Wednesday, April 25, 2018 - 5:13pm | 371Read More...Since February, aluminum prices have risen 8 percent, contributing to an 18-percent year-over-year rise related to U.S. sanctions against a Russian producer. Costs are expected to grow to an extent that could dent canned beverage distributors. The Rating Stifel Nicolaus analysts Mark Astrachan...
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Monster Beverage Is A 'Compelling Growth Story,' Deutsche Bank Says In Upgrade
Monday, March 5, 2018 - 11:15am | 483Read More...Monster Beverage Corporation (NASDAQ: MNST)'s weak fourth quarter sent the stock tumbling lower to a level that makes it attractive to buy, according to Deutsche Bank. The Analyst Deutsche Bank's Steve Powers upgraded Monster Beverage from Hold to Buy with an unchanged $63...
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Food Fight: 6 Lawsuits That Alleged Proof Wasn't In The Pudding
Tuesday, July 18, 2017 - 2:43pm | 588Read More...There are no bears in Gummi Bears, no geese in Grey Goose vodka and, a class-action lawsuit contends, no real vegetables in Garden Veggie Straws. Annoyed by what they allege is misleading advertising, two men have filed a class-action lawsuit in U.S. District Court in New York against Hain...
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The Silverdome, Detroit Lions' Former Home Turf And 'World's Biggest Birdbath,' Is On Stadium Death Row
Saturday, June 10, 2017 - 1:06pm | 1275Read More...A former NFL and NBA stadium that’s sat deserted for years after hosting a Super Bowl, the World Cup and the Pope is set to be demolished by court order. The owner of the Silverdome, the home of the Detroit Lions from 1975 to 2002, has signed a judgment with the city of Pontiac that orders...
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GoPro CEO: 'The World Of Red Bull Is Going To Be Brought To You By GoPro'
Tuesday, May 24, 2016 - 1:27pm | 281Read More...Shares of GoPro Inc (NASDAQ: GPRO) were trading higher by more than 5 percent on Tuesday after the company announced a new global partnership with Red Bull, which includes content production, distribution, cross-promotion and product innovation. Speaking to CNBC's Kayla Tausche, GoPro's CEO Nick...
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10 Sports Jersey Sponsorships That Need To Happen
Tuesday, May 17, 2016 - 5:33pm | 515Read More...StubHub has officially become the first NBA jersey advertiser. Starting in the 2017–2018 season, StubHub will be paying $5 million per year to have its logo features on the Philadelphia 76ers jerseys. In coming months, it’s likely that a number of other NBA jersey sponsorship deals...
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Citi On Beverages: Weighted X-Bar Sales Not Looking Great
Tuesday, May 3, 2016 - 12:55pm | 355Read More...Citi reported that non-alcoholic beverage sales growth slumped in the most recent four-week period. Although Citi analyst Wendy Nicholson noted that the timing of the Easter holiday likely weighed on the April beverage numbers, the sales deceleration remains troubling for shareholders of The Coca-...
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GoPro Was Volatile After Unconfirmed Rumor Of Red Bull Stake
Thursday, December 24, 2015 - 8:16am | 227Read More...GoPro Inc (NASDAQ: GPRO) stock is volatile on Wednesday, trading up 1.16 percent at $18.31, after hearing unconfirmed market chatter of Red Bull having a 10 percent stake in GoPro. The stock closed at $18.27, down 0.38 percent. Piper Jaffray showed continued concern Monday as the company'...
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Nike Inc's NFL Dilemma
Wednesday, September 24, 2014 - 10:05am | 613Read More...Amid Nike Inc's (NYSE: NKE) preparations for Thursday’s earnings release, the turmoil surrounding the National Football League and allegations of domestic abuse by players continues to capture headlines. The NFL Problem Nike suspended its contract with Minnesota Vikings running back...
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Battle of Energy Drink Brands: Coca-Cola vs. Monster
Thursday, April 19, 2012 - 9:13am | 321Read More...Coca-Cola Energy Drink Brands (NYSE: KO) • Burn • Nos • RealGold Monster Energy (main) Drink Brands(NASDAQ: MNST) • Monster Energy (with varying flavors) • JAVA Monster According to the Beverage Marketing Association, domestic U.S. wholesale sales for “alternative” beverages (aka energy...
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Monster Beverages Buzzes On
Monday, April 16, 2012 - 10:26am | 417Read More...America is down to get up these days, as energy drink sales have increased over the month of March, along with beer sales inching higher as well. Monster Beverages (NASDAQ: MNST) has seen a particularly stunning few weeks which prompted an enormous price target change today and increased confidence...
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Whatever Happened to Coffee and Warm Milk; The Explosion of Energy and Sleepy Drinks
Thursday, June 16, 2011 - 1:09pm | 437Read More...Have you heard of Unwind (OTC: FBEC.OB), Dream Water or Drank? These newest “sleep aid” beverages are the flip side of Red Bull and its wake up cronies. The overwhelming success and growing popularity of energy drinks has spawned a bedtime antidote. After all, who can get to sleep after a day...
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Goldman Sachs Maintains Buy on Hansen Natural (HANS)
Friday, September 24, 2010 - 12:20pm | 139Read More...Goldman Sachs maintains a Buy rating for Hansen Natural Corp (NASDAQ: HANS) in a research report with a $50 price target. This came after receiving the convenience store sales for energy drinks for the four weeks ending September 4. According to the report, Hansen saw overall sales growth of 16%;...
