Pre-Market Analysis: Kraft Foods, Coca-Cola Enterprises, Molson Coors Brewing, and Pinnacle Foods
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LONDON, July 1, 2013 /PRNewswire/ --
On Friday, June 28, 2013, shares in food and beverage companies ended mostly lower as the broader market struggled to extend its gains after a three-day rally. The Dow Jones and the S&P 500 closed lower, while the NASDAQ ended the day slightly above the neutral line. The major movers in the food and beverage industries included Kraft Foods Group Inc. (NASDAQ: KRFT), Coca-Cola Enterprises Inc. (NYSE: CCE), Molson Coors Brewing Company (NYSE: TAP), and Pinnacle Foods Inc. (NYSE: PF). All these companies are tracked by AAAResearchReports.com. Free technical research on KRFT, CCE, TAP, and PF can be downloaded upon sign up at:
http://www.aaaresearchreports.com/register/
Shares in Kraft Foods Group Inc. edged higher on Friday, even as the broader market struggled. The company's shares ended the day 0.99% higher at $55.87 after oscillating between $54.89 and $56.00. A total of 11.86 million shares were traded which is above the daily average volume of 3.28 million. The stock has gained 2.16% in the last three trading sessions, and 8.42% in the past three months.. Sign up and read the complimentary report on KRFT at:
http://www.AAAResearchReports.com/KRFT070113.pdf
Coca-Cola Enterprises Inc.'s stock ended lower on Friday, reversing some of its gains from previous trading sessions. The company's shares ended the day 0.59% lower at $35.16 after fluctuating between $35.15 and $35.52. A total of 5.97 million shares were traded which is nearly double its daily average volume of 3.00 million. Coca-Cola's shares gained 3.23% in the last three market sessions. The free report on CCE can be downloaded by signing up now at:
http://www.AAAResearchReports.com/CCE070113.pdf
Shares in Molson Coors Brewing Company fell sharply on Friday, reversing all of their gains from the two previous trading sessions. The company's shares oscillated between $47.82 and $48.65 before finishing the day 1.44% lower at $47.86. A total of 1.58 million shares were traded which is above the daily average volume of 1.38 million. Molson Coors' shares are currently trading below their 50-day moving average. A free report on TAP can be accessed by registering at:
http://www.AAAResearchReports.com/TAP070113.pdf
Pinnacle Foods Inc.'s stock also fell on Friday, closing 1.02% lower at $24.15 after fluctuating between $24.10 and $24.70. A total of 1.92 million shares were traded which is above the daily average volume of 527,655. The stock fell 0.82% in the last three trading sessions. However, in the past three months, the company's shares have gained 8.73%, thus outperforming the S&P 500. Register with AAA Research Reports and download research on PF for free at:
http://www.AAAResearchReports.com/PF070113.pdf
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SOURCE AAA Research Reports
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