Stock Market News and Commentary – November 6, 2014

 Keurig Top 2014 S&P Stock

  • Coke has a 16% stake
  • Keurig rolled out Keurig 2.0
  • Competitors partner with Keurig
  • Working on a cold brewing system which could be a 4x larger market

Whole Foods Beats Expectations

  • Currently stock has a neutral rating with a $38 price target (currently trading at $44)
  • Whole Foods is moving to cut prices
  • Uncertainty around business expenses ($9 Million per store)

CBS Reports Earnings – Stock Falls 2%

  • Advertising revenue is sketchy – big slowdown
  • Trying to renew the deal with Dish Network
  • CBS rolls out a new streaming service called “All Access” – focused on the 10 million homes that  have ONLY broadband – also targeted at college campuses