On May 28, 2014, Greece’s biggest lender by assets, National Bank of Greece (ADR) (NYSE:NBG), reported higher-than-expected profit in the first quarter, helped by lower funding costs, its Turkish unit Finansbank and reduced provisions for bad loans. The group posted net earnings of 181 million euros ($246 million) in January to March, its sixth straight profitable quarter. Analysts polled by Reuters were forecasting net profit of 24 million euros on average. National Bank of Greece (ADR) (NYSE:NBG), net profit margin is 11.10% and weekly performance is 16.99%. On last trading day company shares ended up $3.65. Analysts mean target price for the company is $4.65. National Bank of Greece (ADR) (NYSE:NBG), distance from 50-day simple moving average (SMA50) is -16.28%.
On May 29, 2014, PepsiCo, Inc. (NYSE:PEP), is leaving no breathing space for archrival Coca-Cola Company (NYSE:KO). Whether it is in North America, Europe or the emerging markets of Asia, Latin America and Africa, PepsiCo is doing something to trim the market influence of Coca-Cola. In India for instance, PepsiCo is waging a mighty war against the rival by sponsoring summer sports. The sponsorships earn the company exclusive stadium marketing rights while denying the rival the same. But even outside the stadiums where it is supposed to be free for all, PepsiCo is neck-to-neck with Coca-Cola. PepsiCo, Inc. (NYSE:PEP), advanced 0.68% in last trading session and ended the day on $88.33. PEP, Gross Margin is 53.30% and its return on assets is 8.90%. PepsiCo, Inc. (NYSE:PEP), quarterly performance is 3.21%.
On May 30, 2014, The Coca-Cola Company (NYSE:KO), in partnership with Ogilvy & Mather China, has launched a new campaign in Asia that aims to encourage people to reuse Coke’s plastic bottles once the cola in them has been consumed. The Coca-Cola Company (NYSE:KO), shares moved up 0.61% in last trading session and was closed at $40.91, while trading in range of $40.49 – 40.92. The Coca-Cola Company (NYSE:KO), year to date (YTD) performance is 3.31%.
Unilever N.V. (ADR) (NYSE:UN), the consumer goods group, on May 19, 2014 said that it had paid 715 million pounds ($1.2 billion) to purchase the rights existing in family trusts by one of the co-founders of the company, William Hesketh Leve, almost a century back. It was a stride to simplify the Anglo-Dutch group’s share structure. Unilever N.V. (ADR) (NYSE:UN), ended the last trading day at $43.41. Company weekly volatility is calculated as 0.60% and price to cash ratio as 31.72. Unilever N.V. (ADR) (NYSE:UN), showed a negative weekly performance of 0.21%.
Equities researchers at Berenberg Bank lifted their target price on shares of Unilever plc (ADR) (NYSE:UL), from GBX 2,700 ($45.26) to GBX 2,800 ($46.94) in a research report issued on Monday. The firm currently has a “hold” rating on the stock. Berenberg Bank’s price target indicates a potential upside of 4.48% from the company’s current price. Unilever plc (ADR) (NYSE:UL), net profit margin is 18.50% and weekly performance is 0.11%. On last trading day company shares ended up $44.97. Analysts mean target price for the company is $44.50. Unilever plc (ADR) (NYSE:UL), distance from 50-day simple moving average (SMA50) is 3.76%.
Leave a Reply