Published April 15, 2014
Coke Shares Fizz Higher and Other #Stocks2Watch
#Stocks2Watch: Coke Shares Fizz Higher
Coca-Cola shares climbed on Tuesday after the blue-chip beverage maker posted better-than-expected quarterly sales.
Coca-Cola (NYSE:KO) revealed first-quarter sales that narrowly beat Wall Street's estimates, coupled with adjusted per-share profits that matched views. The blue-chip beverage maker is bubbling higher by about 2%.
Johnson & Johnson (NYSE:JNJ)
Johnson & Johnson (NYSE:JNJ) logged better-than-expected first-quarter profits and revenues. Shares of the blue-chip health products giant are jumping more than 2%.
Aaron's (NYSE:AAN), a rent-to-own furniture and electronics company, rejected a $2.3 billion buyout bid from one of its shareholders. Instead, the company bought a credit financing firm for $700 million. So far, Wall Street isn't impressed, sending the shares sliding 6%.
Zebra Technologies (NASDAQ:ZBRA)
Zebra Technologies (NASDAQ:ZBRA) said it will buy Motorola Solutions's enterprise software business for $2.45 billion in cash. The shares are zipping higher by 5.5%.
Halozyme Therapeutics (NASDAQ:HALO)
Halozyme Therapeutics (NASDAQ:HALO) has made numerous appearances in this column recently. Its shares have taken a beating after the firm had to delay a study for a pancreatic-cancer-drug delivery system.
However, the shares are rising Tuesday after Citigroup reportedly slapped the company with a "buy" rating and a $12 price target. It currently trades at about $7.18 a share.