Friday, November 19, 2010

Market News Roundup (HON, HUM, KO)

Here are a number of briefs affecting companies on the markets today. The following listed companies should see some movement: Honeywell International (NYSE:HON), Humana (NYSE:HUM), Coca-Cola Co. (NYSE:KO). Here is a more detailed look at stories affecting the firms’ stock prices. Honeywell International (NYSE:HON) Flash Player 9 or higher is required to view the chart Click here to download Flash Player now View the full HON chart at Wikinvest Honeywell International (NYSE:HON) has upgraded with power shares. Today Honeywell International (NYSE:HON) was upgraded by RBC Capital Markets. The firm raised its rating on the stock from sector perform to outperform following the adjustment to its pension accounting. RBC believes this decision made the company more attractively valued, and hiked its price target on the stock from $50 per share to $58. At 7.35% of the fund, Honeywell is the top holding in the PowerShares Aerospace & Defense Portfolio (PPA). Humana (NYSE:HUM) Flash Player 9 or higher is required to view the chart Click here to download Flash Player now View the full HUM chart at Wikinvest University of Louisville physicians have attacked Humana (NYSE:HUM). There had been a year-long contract dispute over reimbursements. Humana (NYSE:HUM) ended its contract with U of L in July. Dr Nemr Eid asked that "30 million dollars profit this year? And they're doing this to patients in the Louisville area where they have their roots here? It's just not acceptable." Dr. Eid has said U of L physicians want to stay competitive with surrounding cities that pay 20-30 percent higher.Dr. Eid has worked in the nationally ranked Pediatric Pulmonary Clinic at U of L. Coca-Cola Co. (NYSE:KO) Flash Player 9 or higher is required to view the chart Click here to download Flash Player now View the full KO chart at Wikinvest Coca-Cola (NYSE:KO) has  announced that Gary P. Fayard, Chief Financial Officer and Executive Vice President, will host an investor conference call at 10:00 a.m. The purpose of the call is to provide information regarding the modeling of the new North America operations. The Company has invited investors to listen to the live audiocast of the conference call at its website. Coca-Cola (NYSE:KO), the world’s largest beverage company, refreshing consumers with more than 500 sparkling and still brands, and thanks to their distribution system, consumers in more than 200 countries enjoy the Company’s beverages at a rate of 1.6 billion servings a day. There will probably be more movement as the exchanges continue for Honeywell International (NYSE:HON), Humana (NYSE:HUM) and Coca-Cola Co. (NYSE:KO).
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