Thursday, November 5, 2015

What to Watch Thursday: Kraft Heinz's First Earnings Since Merger




For Thursday November 5, TheStreet points out that earnings season isn't quite over yet. Expect to hear from dozens of companies reporting their latest quarterly results. The ones we should pay attention to are Ralph Lauren (RL), Time Inc. (TIME), Kate Spade (KATE), Walt Disney (DIS), Kraft Heinz (KHC), Monster Beverage (MNST), News Corp. (NWSA), and TripAdvisor (TRIP). When Kraft Heinz reports its third quarter 2015 earnings data, analysts are calling for $0.77 a share on revenue of over $6 and a half billion. In July, H.J. Heinz and The Kraft Foods Group completed its merger, creating the third largest food and beverage company in North America, behind PepsiCo (PEP) and Nestle. There are several notable economic reports to look out for. At 8:30 a.m. Eastern, we get jobless claims and productivity and costs. In addition, we also have several Fed officials speaking tomorrow throughout the day, including William Dudley, Stanley Fisher, Charles Evans, Daniel Tarullo and then ending the round with Dennis Lockhart. TheStreet’s U-Jin Lee reports from Wall Street.
Stocks in this video: RLTIMEKATEDISKHCMNSTNWSATRIP

Source:http://www.thestreet.com/video/13352375/what-to-watch-thursday-kraft-heinzs-first-earnings-since-merger.html

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