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As Coke Shakes Up Energy Drink Category, Monster Earns A Downgrade
Thursday, November 8, 2018 - 11:52am | 386Monster Beverage Corp (NASDAQ: MNST) fizzled Thursday despite posting significant top- and bottom-line third-quarter beats. One analyst, acknowledging new risk in galvanized competition, backs the investors turning bearish on the Red Bull rival. The Rating Morgan Stanley analyst Dara Mohsenian...
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The Unlikely Success Story Of A Flavored Wine Company From Miami
Monday, June 18, 2018 - 3:27pm | 952In the cannabis industry, almost everything is new and innovation and disruption are welcome. The wine industry could be characterized as almost the opposite: there are certain ways of doing things, centuries-old traditions that aren't to be messed with. When I heard about Joe Peleg...
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How Aluminum Prices Impact Monster Beverage's Gross Margins
Wednesday, April 25, 2018 - 5:13pm | 371Since 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 | 483Monster 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 | 588There 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 | 1275A 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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Celebrity-Endorsed Junk Food: What's The Cost?
Wednesday, June 8, 2016 - 4:42pm | 928Celebrity endorsements aren’t cheap. For instance, back in 2003, McDonald's Corporation (NYSE: MCD) paid Justin Timberlake $6 million for a song titled "I'm Lovin' It." In 2012, superstar Beyoncé got roughly $50 million from PepsiCo, Inc. (NYSE: PEP) to...
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GoPro And Red Bull Finally Tie The Knot; Shares Spike
Tuesday, May 24, 2016 - 3:51pm | 301Shares of GoPro Inc (NASDAQ: GPRO) were trading up more than 5 percent on Tuesday afternoon, driven by news of a new multi-year, global partnership with Red Bull. As per the agreement, the companies will cooperate in product innovation and content production, distribution and promotion, as GoPro...
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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 | 281Shares 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 | 515StubHub 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 | 355Citi 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 | 227GoPro 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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Caffeine Beats The Market
Thursday, June 4, 2015 - 12:22pm | 481Motif Investing searches for “trends, ideas and world events that could create an investment opportunity.” It then selects 10 to 30 related stocks related to a particular idea and builds portfolios based on their exposure to this idea. Within the consumer segment, one motif...
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Nike Inc's NFL Dilemma
Wednesday, September 24, 2014 - 10:05am | 613Amid 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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Who Are the Instagram Superstars for Innovative Brand Engagement
Tuesday, July 31, 2012 - 2:36pm | 1645By Bristol Voss, Minyanville Staff Writer Trade publisher iMedia scoured Instagram to identify which brands were capitalizing most effectively on the photosharing application famously purchased for $1 billion by Facebook (NASDAQ: FB). To date, Instagram has 50 million users according to API...