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New York, NY -- (SBWIRE) -- 10/24/2012 -- Monster Beverage Corporation (NASDAQ: MNST) shares fell decidedly again on Tuesday, subsequent to analysts at Citigroup and Goldman Sachs is releasing mostly cautious assessments of the firm in earlier notes to investors. Wendy Nicholson at Citigroup reported that the Monster’s fundamental outlook has weakened quite a lot, following a New York Times report Monday that five people had died after drinking Monster beverages in the past three years, according to the FDA. Along with the legal and regulatory difficulties that Monster must handle, its competitor Red Bull is all the while gaining market share, adding that Monster is dealing with execution challenges in markets overseas. Moreover, Nicholson points out that the case for a bigger beverage company buying Monster has vanished, as she lowered her price target on the shares from $60 to $50. As if Monster needed any more bad news, its shares were removed from Goldman’s Conviction Buy List, due to raised headline and regulatory risk over the near-term. However, Goldman does have a Buy on the shares, and believes that the firm’s fundamentals are still intact with the significant risk levels already embedded in the share price. Shares closed down 10.17 percent on the day at $41.08, and have been trading in a 52-week range of $40.88 to $83.96.
Can MNST Bounce Back? Click Here
Auto parts supplier Autoliv (NYSE: ALV) crashed 10% in huge volume, slicing through its 50-day and 200-day moving average, after reporting Q3 profit fell 15% from a year earlier, the fifth decline in six quarters. Revenue fell 3% from a year ago, the first drop in 12 quarters. Shares of Autoliv, Inc. Com (NYSE: ALV) are trading at $57.07 and is -9.01% of its 50-day Moving Average price of $62.7192 and -3.77% from its 200-day Moving Average price of $59.3076. The average trading volume is 566475 shares and its market capitalization is $5.445B.
How Should Investors React To ALV Now? Find Out Here
E. I. du Pont de Nemours and Company ((NYSE:DD) manufacturing, seed production or selling activities and some are distributors of products manufactured by the Company. Its segments are Agriculture, Electronics & Communications, Industrial Biosciences, Nutrition & Health, Performance Chemicals, Performance Coatings, Performance Materials, Safety & Protection and Pharmaceuticals. It (NYSE: DD) reported EPS in 3.701. For the Current Fiscal year, the company is expected to report EPS of 3.93. For the Next Quarter and Next Year, the company is expected to report EPS of 0.39 and 4.32 respectively. At Current Market Price, DD is in distance of -9.70% from its 50-day Moving Average price of $50.1089 and -9.73% from its 200-day Moving Average price of $50.1284.
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CIT Group Inc DE (NYSE:CIT) is -3.51 - -8.77% from the previous close of $40.02. It traded between $36.32 - 38.50 with total traded volume of 6575903 shares. Keep a close eye on CIT, as the stock has been showing unusual moves over the past weeks. At Current market price, CIT has recovered +21.78% from its 52-week Low of 29.98 and has Pulled back -15.78% from its 52-week high of 43.35.CIT originated $2.2 billion in new business volume during the quarter. But the costs of stabilizing the balance sheet took a big bite out of income.If you strip away all of CIT’s funding woes, the underlying business is sputtering. Annual profit was $2.87 billion in 2011, before earnings, interest and taxes, down from $3.7 billion in 2010 but up from $2.56 billion in 2009.Without a dividend, those numbers make it hard to be a CIT investor. The stock has swung with each move, from a high of more than $48 in early 2011 to a low of $29.12 in October the same year.
Can CIT Continue To Move Higher? Find Out Here
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