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No Tricks: Strong Halloween Candy Sales Reflect Economic Strength
Friday, October 28, 2016 - 9:42am | 301Read More...here are many tools available for investors to gauge the strength of the economy, from GDP, jobs reports and consumer confidence. But here is a unique tool that few know of: Halloween candy sales. According to a Bloomberg report, the unemployment rate has hovered around the 5 percent mark since...
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Hershey Investors Crave Takeover Bid
Tuesday, October 25, 2016 - 3:01pm | 348Read More...Alexia Howard of Bernstein doesn’t expect much upside in the shares of Hershey Co (NYSE: HSY) following the withdrawal of Mondelez International Inc (NASDAQ: MDLZ)'s bid and weakness in the U.S. chocolate category as consumers are becoming more health conscious and avoiding added sugar....
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Bernstein Not Confident In Accuracy Of Hain's Description Of Accounting Issues, Suspends Coverage
Friday, August 26, 2016 - 10:41am | 370Read More...Bernstein’s Alexia Howard believes the market currently assigns very limited potential for M&A for Hain Celestial Group Inc (NASDAQ: HAIN), with only a 5 percent probability. Howard suspended coverage of the company, since it was unclear whether Hain Celestial’s description of...
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Bernstein Suspends Coverage Of Hain Celestial Amid Accounting Issues Announcement
Tuesday, August 16, 2016 - 9:45am | 438Read More...Bernstein has suspended the coverage of Hain Celestial Group Inc (NASDAQ: HAIN) pending resolution of the accounting issues announced by the company. Bernstein previously had an Outperform rating on the shares. Hain Celestial, an organic and natural products company, said it would delay the release...
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These 2 Factors Should Drive Kellogg's Growth In 2016
Monday, May 9, 2016 - 8:53am | 332Read More...Kellogg Company (NYSE: K) reported its 1Q16 results ahead of expectations. Bernstein’s Alexia Howard maintained a Market-Perform rating for the company, while reducing the price target from $77 to $76. The analyst pointed out that Kellogg's key US Morning Foods business was back to...
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Bernstein Still Convicted In Mondelez, But Why?
Thursday, February 11, 2016 - 11:18am | 261Read More...Bernstein issued a note on Mondelez International Inc. (NASDAQ: MDLZ) after the company reported 4Q15 earnings and gave a mixed outlook with positive indications of margin expansion. The firms rates Mondelez at Outperform with a $52 price target. Analyst Alexia Howard wrote, "While it'...
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Check Out Bernstein's Massive Mondelez Bull Thesis
Tuesday, January 26, 2016 - 10:51am | 313Read More...The share price of Mondelez International Inc (NASDAQ: MDLZ) has declined 13.6 percent over the past three months, to $40.20 on January 25. Bernstein’s Alexia Howard has maintained an Outperform rating on the company, with a price target of $58. Howard believes that there are...
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Bernstein Sees Take-Out Potential At WhiteWave
Thursday, October 22, 2015 - 10:58am | 310Read More...WhiteWave Foods Co (NYSE: WWAV) shares are down 19 percent in the last three months, from a high of $52.16 on August 5. Bernstein’s Alexia Howard maintained an Outperform rating on the company, with a price target of $52. The recent pullback in the company’s shares offers an...
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Calls Of Note: Shake Shack, Kate Spade And Other Notable Research Notes Worth Following On Tuesday
Tuesday, August 11, 2015 - 10:53am | 1107Read More...The following represents a hand-picked selection of notable research curated by an analyst known in some circles as "The Sith Overlord Of The Street." Longbow: Shake Shack Trends ‘Picking Up,' Maintains At Neutral Alton Stump of Longbow Research maintained a Neutral rating on shares of Shake Shack...
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Why Kraft-Heinz's Future Is Tied To Its Fate As A 'Platform Company'
Tuesday, August 11, 2015 - 10:47am | 448Read More...In a report published Tuesday, Bernstein analyst Alexia Howard maintained an Outperform rating and price target of $94 on Kraft Heinz Co (NASDAQ: KHC). "We believe that KHC is likely to achieve superior returns for shareholders over the next several years based on it becoming a...
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No Surprise Here: Bill Ackman Is Following Nelson Peltz's Footsteps And Buying Mondelez
Thursday, August 6, 2015 - 3:53pm | 404Read More...Shares of Oreo maker Mondelez International Inc (NASDAQ: MDLZ) opened strong on Thursday on news that activist investor Bill Ackman's hedge fund Pershing Square has acquired a $5.5 billion stake in the company. Ackman is now the second activist investor to acquire a major stake in the company,...
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Thursday's Calls Of Note: Wall Street Research On Airlines, Steel, Semis & More
Thursday, July 30, 2015 - 10:10am | 1616Read More...The following represents a hand-picked selection of notable research curated by an analyst known in some circles as "The Sith Overlord Of The Street." Longbow: ‘Great Execution' Supports Owning Western Digital Joe Wittine of Longbow Research maintained a Buy rating on...
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Bernstein Raises PT On Hillshire Amid M&A Talks
Wednesday, June 4, 2014 - 12:52pm | 232Read More...Bernstein analyst Alexia Howard raised the price target on Hillshire Brands (NYSE: HSH) from $55.00 to $60.00 following continued merger and acquisition discussions. Howard sees Tyson Foods (NYSE: TSN) as the “likely victor” for a deal in the $60.00 range. The analyst remarked that...
