Consumer Goods

Hain Celestial Group HAIN Stock News

Hain Celestial Group Inc (NASDAQ: HAIN)

Hain Celestial Group was having what seemed to be a relatively normal day in the market today. As soon as the trading started for the session, the stock was in the green. However, it quickly fell to the red. From there, we saw some flat movement and a short attempt at a recovery. Nonetheless, things changed massively as the stock started spiking upward minutes ago. Below, we’ll talk about what we’re seeing from HAIN, why, and what we’ll be watching for ahead.





What We’re Seeing From HAIN

As mentioned above, Hain Celestial Group was having what seemed to be a normal day in the market. Starting the day in the green, falling to the red, and working to recover was the name of the game today. Nonetheless, the field changed minutes ago as the stock started to climb dramatically upward. Currently (11:20), HAIN is trading at $40.44 per share after a gain of $0.34 per share or 0.85% thus far today.

Why The Stock Is Climbign

In the case of HAIN, our partners at Trade Ideas sent the alert first. As soon as we got the news that the stock was on the run, the CNA Finance team started digging to see what was causing the movement. In this case, it didn’t take long at all to dig up the story. In our search, we were unable to find any fundamental news released by the company that would lead to such gains. However, we were able to find something interesting in the social space.


At the moment, it seems as though the gains on Hain Celestial Group are being caused by a rumor. The rumor is all over social media, stating that Pepsi is interested in acquiring the company. At this point, there has been no confirmation from either side that this is indeed the case. Nonetheless, it is exciting investors.

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be watching HAIN incredibly closely. In particular, we’re interested in learning whether or not Pepsi is interested in acquiring HAIN. If this is the case, it could return incredible value to shareholders. However, this is yet another stock that seems to see these rumors quite often. So, don’t get your hopes up! Nonetheless, we’ll be watching the story closely and bringing it to you as it breaks!

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Harley-Davidson HOG Stock News

Harley-Davidson Inc (NYSE: HOG)

Harley-Davidson was off to what looked like it would turn out to be a rough day in the market today. When the trading session opened, the stock was trading in the red. From there, we saw slow movement, keeping the stock down. However, minutes ago, it started soaring, bringing it into the green. Below, we’ll talk about what we’re seeing from HOG, why, and what we’ll be watching for ahead.





What We’re Seeing From HOG

As mentioned above, Harley-Davidson wasn’t off to the best of starts to today’s trading session. In fact, at the opening bell, the stock was trading in the red. From there, throughout the morning, we saw a continuation of movement below the break-even point. Nonetheless, things changed in a big way minutes ago as the stock started spiking toward the top. At the moment (11:06), HOG is trading at $59.46 per share after a gain of $1.23 per share or 2.11% thus far today.

Why The Stock Is Spiking

When it comes to HOG, our partners at Tradespoon were the first to inform us of the spike. As soon as they did, the CNA Finance team started digging to see exactly what was causing the movement. It didn’t take long to dig up the story. In our search, we weren’t able to find any fundamental news released by the company that would lead to such gains, but we were able to find something interesting in the world of social media.


At the moment, regardless of which social network is your favorite, if you go to it and search for Harley-Davidson, chances are that you’ll come across the rumor too. The rumor is that the company is going to be taken over. At the moment, the rumor is incredibly vague. We don’t believe that it will come to fruition. After all, in the past 3 months, we’ve seen rumors of HOG takeovers 4 times. Nonetheless, this seems to be what’s causing the excitement.

What We’ll Be Watching Ahead

Moving forward, the CNA Finance team will be keeping a close eye on HOG. In particular, we’re interested in seeing if there is any validity to this rumor. While we do not think there is, we could be wrong, and if it’s true, it could return incredible value to shareholders. Nonetheless, we’ll keep an eye on the story and bring it to you as it breaks!

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Best Buy BBY Stock News

Best Buy Co Inc (NYSE: BBY)

Best Buy wasn’t necessarily off to the best of days in the market today. In fact, when the opening bell rang, the stock was already trading in the red. From there, we’ve seen a continuation of downward movement, bringing the stock further and further into the abyss. Nonetheless, it looks as though the stock is working to recover as it spikes following comments from the CEO. Below, we’ll talk about what we’re seeing from BBY, why, and what we’ll be watching for ahead.





What We’re Seeing From BBY

As mentioned above, Best Buy wasn’t having a great day in the market early on this morning. In fact, after starting the session off in the red, the stock continued to fall throughout the first half hour or so. However, minutes ago, comments from the CEO of the company broke, leading to an upward spike. At the moment, the stock is working to make it back to the green. Currently (10:13), BBY is trading at $43.33 per share after a loss of $0.30 per share or 0.69% thus far today.

Why The Stock Is Spiking

In the case of BBY, our partners at Tradespoon were the first to alert us of the spike on the stock. As soon as they did, the CNA Finance team started digging to see exactly what was causing the movement. In this case, it didn’t take long to dig up the story at all. It seems as though the gains are the result of comments from the CEO of the company.


Early this morning, Hubert Joly, CEO at Best Buy had a discussion with Bloomberg. This follows reports that he would likely be stepping down from his position. However, in his comments today, Joly informed investors that he has no plans on leaving his position as CEO of the company. As a result, investors are excited, leading to the spike.

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be watching BBY incredibly closely. Now that we know that Joly will maintain his position as CEO, it will be interesting to see his next steps. Nonetheless, we’ll be watching the news closely and bringing it to you as it breaks!

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Michael Kors Holdings Ltd KORS Stock News

Michael Kors Holdings Ltd (NYSE: KORS)

Michael Kors Holdings wasn’t off to the best of days in the market today. In fact, the stock was trading slightly in the red at the opening bell. From there, it continued downward, falling further and further into the abyss before finding support. However, minutes ago, things changed in a big way as the stock started spiking upward. Below, we’ll talk about what we’re seeing, why, and what we’ll be watching for with regard to KORS ahead.





What We’re Seeing From KORS

As mentioned above, Michael Kors Holdings was off to what seemed like it was going to be a rough trading session early on. When the session started, the stock was already trading on slight losses. From there, it continued to head downward for the first half hour or so before finding support. However, minutes ago, the stock started screaming upward, making its way cleanly into the green. At the moment (10:17), KORS is trading at $43.39 per share after a gain of $0.16 per share (0.37%) thus far today.

Why The Stock Is Spiking

Our partners at Trade Ideas were the first to inform us of the gains on KORS. As soon as they did, the CNA Finance team went to work to see exactly why the stock was spiking in the upward direction. It didn’t take long to uncover the story. In our search, we were unable to find anything fundamental that would have caused such a spike. However, we were able to find a rumor that we believe is the cause of the movement.


At the moment, all over social media, there’s a rumor surfacing about Michael Kors Holdings. That rumor is that the company is likely to be taken over soon. At the moment, the rumor is unconfirmed. Honestly, this isn’t the only time we’ve seen this on KORS. In fact, in the past few months, I remember seeing a rumor like this surrounding KORS at least 3 times! So, I wouldn’t get my hopes up if I were you.

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on KORS. In particular, we’ll be watching to see if the rumor actually comes to fruition in this case. While it would be great for shareholders, we don’t believe that it will actually happen. At the end of the day, takeover rumors to KORS are like user growth issues to TWTR, they happen all the time! Nonetheless, we’ll be watching the story and bringing it to you as it breaks!

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Mead Johnson Nutrition Co MJN Stock News

Mead Johnson Nutrition Co (NYSE: MJN)

Mead Johnson Nutrition has had a relatively normal day in the market thus far. When the opening bell rang, the stock fell slightly red. Throughout the day, we’ve seen a series of up and down movement, but nothing worth writing home about. Nonetheless, minutes ago, that all changed. The stock is now spiking toward the sky. Below, we’ll talk about what we’re seeing from MJN, why, and what we’ll be watching for ahead.





What We’re Seeing From MJN

As mentioned above, Mead Johnson Nutrition wasn’t having the most exciting of days in the market today. At the open, the stock went slightly red, eventually making it back to the green and bouncing around with small movements above and below the line. However, that all changed minutes ago as the stock started spiking toward the sky. Currently (1:56), MJN is trading at $73.83 per share after a gain of $2.39 per share (3.35%) thus far today.

Why The Stock Is Spiking

In this case, our partners at Trade Ideas were the first to bring us the alert that MJN was spiking. As soon as they did, the CNA Finance team went to work to dig up exactly what happened that caused the spike. It didn’t take long to find the story. It seems as though there’s some pretty valid takeover chatter happening on the stock at the moment.


According to a recent Street Insider report, Nestle is considering taking over the company. Of course, this is not your normal rumor. This is a very valid report. If Nestle sees a strong value here, an acquisition will likely happen. Of course, if that’s the case, tremendous value would be returned to shareholders.

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on MJN. In particular, we’ll be watching to see if Nestle does indeed decide to make a takeover offer, and if so, what price the offer will carry.  This is likely to get interesting quickly. We’ll be following the news and bringing it to you as it breaks!

Update: Rumor has it that JPM will soon dismiss this rumor as unlikely.

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J C Penny JCP Stock News

J C Penny Company Inc (NYSE: JCP)

J C Penny is having what’s starting out as an incredible day in the market today. When the opening bell rang, the stock started on a spike toward the top. Since then, we’ve seen a bit of a correction before yet another spike, bringing the stock further and further upward. Below, we’ll talk about what we’re seeing from JCP, why, and what we’ll be watching for ahead.





What We’re Seeing From JCP

As mentioned above, J C Penny is off to what seems to be an incredibly strong day in the market today. When the opening bell rang, the stock was trading close to the flat line. However, it immediately shot upward before correcting slightly. Nonetheless, minutes ago, the spike started yet again. Currently (10:07), the stock is trading at $7.00 per share after a gain of $0.24 per share or 3.55% thus far today.

Why The Stock Is Headed Upward

Our partners at Tradespoon were the first to inform us of the spike on JCP. As soon as they did, the CNA Finance team started digging to see exactly what was causing the movement. In this particular case, it didn’t take long to uncover the story. It seems as though the stock is gaining as the result of a key announcement that was made early this morning.


The announcement was that J C Penny is in the process of teaming up with Nike (NKE) In fact, the announcement was that Nike brand shops will soon be added in more than 600 stores. Of course, JCP has been having a rough time as of late. However, investors expect that in teaming up with NKE, the company is on its way to a strong recovery.

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on JCP. In particular, we’re interested in learning how putting Nike brand shops in their stores equates to larger sales volumes. Nonetheless, we’ll keep a close eye on the news and bring it to you as it breaks!

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Fiat Chrysler Auto FCAU Stock News

Fiat Chrysler Auto (NYSE: FCAU)

Fiat Chrysler Auto was off to what seemed to be a positive day. When the opening bell rang, the stock was in the green. Unfortunately, that didn’t last long. Shortly after the opening bell, the stock started falling, eventually making it to the red. Then, minutes ago, the stock started to dive further – and in a big way. Below, we’ll talk about what we’re seeing from FCAU, why, and what we’ll be watching for with regard to the stock ahead.





What We’re Seeing From FCAU

As mentioned above Fiat Chrysler Auto looked like it was going to have a strong day during pre-market trading. Unfortunately, when the opening bell rang, things started to change. While the stock started the day off well into the green, it quickly made a run to the red. Then, the stock started to spike downward in a big way as news broke minutes ago. Currently (10:22), FCAU is trading at $10.66 per share after a loss of $0.42 per share (3.79%) thus far today.

Why The Stock Is Falling

As is normally the case, our partners at Trade Ideas were the first to inform us of the drastic fall on FCAU. As soon as they did, the CNA Finance team went to work to see what was causing the movement. In this case, it didn’t take long to dig up the dirt, and unfortunately, it’s not good news for the company.

At the end of the day, it seems as though the losses are being caused by an announcement that was made by the EPA. According to the agency, Fiat Chrysler Auto used software to fool diesel emissions tests. Unfortunately, at the moment, it seems like 100,000 automobiles are included in these claims. Of course, this could prove to be overwhelmingly expensive for the company. As a result, investors are sending the stock downward.

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on FCAU. In particular, we’re interested in learning more about the EPA claims and whether or not software was indeed used to fool emissions tests. We’ll be following the story closely and bringing the news to you as it breaks!

Update: FCAU is really on the run now. In just minutes, the stock has fallen to $9.67 per share after a drop of $1.41 per share (12.73%) thus far. Unfortunately, it looks like this thing is going to keep dropping. Put options are incredibly active at the moment.

Update: At 11:04, Fiat Chrysler Auto was halted at $9.29 per share after a loss of $1.80 per share (16.23%) thus far today.

Update: In a statement, Cynthia Giles, Assistant Administrator for EPA’s Office of Enforcement and Compliance Assurance had the following to offer about the issue with FCAU:

“Failing to disclose software that affects emissions in a vehicle’s engine is a serious violation of the law, which can result in harmful pollution in the air we breathe… We continue to investigate the nature and impact of these devices. All automakers must play by the same rules, and we will continue to hold companies accountable that gain an unfair illegal competitive advantage.”

Update: FCAU could face a fine of $37,500 for each vehicle included. Given that 100k vehicles are in the investigation, that’s a whopping $3.75 billion in potential fines!

Update: FCAU opens slightly higher… things still don’t look good!

Update: Fiat Chrysler CEO responds in defense of the company. Says that they will continue selling cars in question as the company has not done anything wrong.

Update: CNBC reporter, Phil LeBeau suggests that the DOJ may be working with the EPA in this case. If so, could criminal charges be the result? We’ll keep you posted!

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General Motors Company GM Stock News

General Motors Company (NYSE: GM)

General Motors was off to a relatively strong day in the market today. After starting the day off in the green, the stock went on a slow and steady crawl toward the top. However, that slow and steady crawl turned into a mad dash minutes ago, after the company released news. Below, we’ll talk about what we’re seeing, the news that’s causing the move, and what we’ll be watching for with regard to GM ahead.





What We’re Seeing From GM

As mentioned above, General Motors has been having a great time in the market all day today. At the beginning of the day, the stock was slightly in the green. From there, the stock went on slow movement toward the top. That all changed minutes ago when the slow movement turned into a spike upward. At the moment (1:12), GM is trading at $37.73 per share after a gain of $1.72 per share (4.78%) thus far today.

Why The Stock Is Gaining

As is generally the case, our partners at Trade Ideas were the first to notify us of the upward movement on GM. As soon as we got the alert, the CNA Finance team started digging to see exactly what was causing the movement. It didn’t take long to uncover the story in this case. It seems as though news released minutes ago by the company is the cause of the gains.

The news is that the Board of Directors at General Motors has made the decision to authorize a massive addition to its share repurchase plan. According to the announcement, the Board has authorized the addition of $5 billion for the purpose of repurchasing shares. Of course, this shows confidence in further growth at the company, causing excitement among investors.

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on GM. In particular, we’re interested in learning more about the pace at which shares will be repurchased. Also, we’ll be watching Trump closely in this case as well. While today’s news is good, the battle between Trump and the auto industry could get nasty. Nonetheless, we’ll be watching the news closely and bringing it to you as it breaks!

Update – GM has also increased 2017 EPS guidance, which is now in the range of $6.00 to $6.50. This is great news with consensus estimates at $5.73 per share.

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Long Island Iced Tea LTEA Stock News

Long Island Iced Tea Corp (NASDAQ: LTEA)

LTEA, today announced preliminary and unaudited net sales results for the period ending December 31, 2016, and twelve-month period ending on that same date. Trade Ideas provided a real time alert to the release.





LTEA Sales Growth

LTEA has achieved strong growth, seeing an appreciable rise in both its Ready-To-Drink tea beverages and ALO Juice brand beverages.

Estimated net sales highlights growth in all segments, with sales gaining significant strength for the quarter ending December 31, 2016, by generating $1,587,000 dollars – an increase of 216%.

Total estimated sales for the year ending December 2016 are projected to total $5 million dollars, representing an increase of 163%.

Management stated that they are pleased to have reached several significant milestones for the quarter, highlighting the strong growth across its product lines. The introduction of LTEA’s 20 oz. container sales fueled some of the momentum, as did additional distribution agreements that were procured during the latter part of 2016. Increased distribution agreements for its Alo Juice brands also contributed to the increase.


The latest revamped product – the 18oz. flagship Long Island Iced Tea brand packaging – is also gaining traction in multiple retail outlets across the northeastern region of the United States.

LTEA has continued its international expansion into new geographic areas during the fourth quarter, announcing partnerships in Canada, Honduras, and Bermuda.

LTEA Stock

LTEA stock has been range-bound of late, with shares changing hand between $4.25 and $5.00 per share. LTEA has continued to deliver regional growth and placement and is targeting additional retail and grocery chain placements during the next several quarters.

Headquartered in Long Island, New York, LTEA is a fast-emerging leader in the ready-to-drink segment of the beverage industry. LTEA produces premium iced tea bottled beverages that are produced with quality ingredients and offered at an affordable price.

LTEA has a strong management team, with the executive team having over 100 years of combined experience in securing efficiencies in product manufacturing, placement, strategic initiatives, and consumer trend and segment branding.

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MONDELEZ INTERNATIONAL INC Common Stock MDLZ Stock News

MONDELEZ INTERNATIONAL INC Common Stock (NASDAQ: MDLZ)

MONDELEZ INTERNATIONAL was off to a rough day in the market today. When the opening bell rang, the stock was trading flat. Shortly thereafter, the stock started on a mad dash deep into the red. However, minutes ago, we started to see an incredible spike in the value of the stock. Below, we’ll talk about what we’re seeing in the market, why, and what we’ll be watching for with regard to MDLZ ahead.





What We’re Seeing From MDLZ

As mentioned above, MONDELEZ INTERNATIONAL wasn’t off to the best of days in the market today. After starting with no gain, the stock took a run for the bottom, falling well into the red. Nonetheless, things changed in a big way minutes ago when the stock started spiking upward. Currently (10:21), MDLZ is trading at $45.02 per share after a gain of $0.02 per share (0.04%) thus far today.

Why The Stock Is Spiking

As is usually the case, our partners at Trade Ideas were the first to alert us to the gains on MDLZ. As soon as we got the alert, the CNA Finance team started digging to see exactly what was causing the movement. In this particular case, it didn’t take long to dig up the dirt. While the company hasn’t released any fundamental news that would lead to such gains, we did find something interesting in the social space.


At the moment, regardless of what social network happens to be your favorite, if you search for MONDELEZ INTERNATIONAL, you’ll find something interesting. A rumor is circulating saying that the company is going to be taken over by Kraft Heinz Co (KHC). The rumor suggests that the price per share will come to about $60. However, this rumor hasn’t been confirmed by either side.

What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on MDLZ. In particular, we’re interested in finding out if there is any validity to the takeover rumors. Of course, if this proves to be the case, it will mean an incredible return of value for shareholders. We’ll keep a close eye on the news and bring it to you as it breaks!

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Thought Leader Discussions

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Aytu Bioscience Inc (OTCMKTS: AYTU) Recently, the CNA Finance team had an opportunity to speak with Josh Disbrow, CEO of Aytu Bioscience. Josh Disbrow has...