Monster Beverage (MNST) Roars Back after Vigorous Company Defense
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Monster Beverage (MNST) Says Neither Science Nor Facts Support Recent Lawsuit
October 23, 2012 6:11 PM EDTMonster Beverage Corporation (Nasdaq: MNST) issued the following statement in response to inquiries it has received and numerous recent media reports in connection with a lawsuit that has been filed against the company by the family of 14-year old Anais Fournier, who died last December.
Monster is saddened by the untimely passing of Anais Fournier, and its sympathies go out to her family. Monster does not believe that its products are in any way responsible for the... More
Notable 52-Week Highs and Lows of the Day 10/23: (ARMH) (WHR) (ITW) High; (MNST) (ZNGA) (TROX) Low
October 23, 2012 3:02 PM EDTThis report is an intraday check of some of the more notable stocks that have hit a 52-week high or low so far today.
52-Week High:ARM Holdings plc (Nasdaq: ARMH) $31.89. Earlier, ARM reported Q3 earnings of $0.14 per ADS, versus the analyst estimate of $0.18. Revenue for the quarter came... More
Unusual 11 Mid-Day Movers 10/23: (ANNB) (BSDM) (OSG) Higher; (LAWS) (MNST) (HSTM) Lower
October 23, 2012 1:49 PM EDTAnnapolis Bancorp, Inc. (Nasdaq: ANNB) 50.3% HIGHER; F.N.B. Corporation (NYSE: FNB) and Annapolis Bancorp, Inc. jointly announce the signing of a definitive merger agreement pursuant to which F.N.B. Corporation will acquire Annapolis Bancorp, Inc., the Annapolis-based holding company and parent of BankAnnapolis, in an all stock transaction valued at approximately $12.09 per share, or $51 million in the aggregate using the closing stock price as of Friday, October 19, 2012.
BSD Medical Corporation (Nasdaq: BSDM) 24.1%... More
Monster (MNST) Pressured Again on Litigation Concerns, Goldman Downgrade
October 23, 2012 12:39 PM EDTMonster Beverage (Nasdaq: MNST) is continuing to get pounded Tuesday following a 14 percent slide Monday on a report in the NY Times that the FDA has said it received several incident reports tying the popular energy drink to possible deaths.
This... More
Goldman Removes Monster (MNST) from Conviction Buy List; Range-Bound on Legal Risks
October 23, 2012 8:35 AM EDTGoldman Sachs removed Monster Beverage (NASDAQ: MNST) from its Conviction Buy List following reports that the FDA has received reports of five deaths plus a report of a heart attack possibly linked to Monster energy drink. However the firm is keeping a Buy rating with a... More
Market Wrap: Monster Energy Gets Drained; Yahoo! Q3 Results Hint at Rebound; Armstrong Banned from Cycling; Merger Monday!
October 22, 2012 5:45 PM EDTMarket wrap-up for October 22nd
End of the Day: S&P 500 up 0.6 to 1,433.82; Dow Jones up 2.4 to 13,345.89; Nasdaq up 11.3 to 3,016.96
The following is a brief summary of events moving markets today:Getting that Caterpillar-scratch fever: Industrial machinery manufacturing giant Caterpillar (NYSE: CAT) ended over 1.4 percent higher amid relatively good quarterly numbers, but a trimmed outlook. Ending positive might have been attributed to investors already pricing in lowered expectations moving forward based on prior comments and cut... More
Monster Beverage (MNST) Issues Statement on Anais Fournier Death
October 22, 2012 4:36 PM EDTMonster Beverage (Nasdaq: MNST) issued a statement after a mother filed a suit against the company after her 14-year-old daughter passed away due to "a heart arrhythmia after drinking large cans of Monster Energy on two consecutive days." She alleges that Monster... More
The FDA Said to Receive Death Reports Over Popular Monster (MNST) Energy Drink
October 22, 2012 1:44 PM EDTMonster Beverage (Nasdaq: MNST) shares are at session lows following a report in the NY Times that the FDA has said it received several incident reports tying the popular energy drink to possible deaths.
Like drug reports, the incident filings don't directly... More
