Intrinsic value of Coca-Cola Bottling Consolidated - COKE

Previous Close

$162.27

  Intrinsic Value

$261.98

stock screener

  Rating & Target

str. buy

+61%

Previous close

$162.27

 
Intrinsic value

$261.98

 
Up/down potential

+61%

 
Rating

str. buy

We calculate the intrinsic value of COKE stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Revenue (in 0001), $M
Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Variable cost ratio, %
Fixed operating expenses, $M
Interest rate on debt, %
Effective corporate tax rate, %
Production assets / Revenue, %
Life of production assets, yrs
Working capital / Revenue, %
Revenue / Adjusted assets
Adjusted equity ratio
Cash flow adjustment, % of Revenue
Book value of equity, $M
Shares outstanding, mln
Market capitalization, $bln 1.2

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
   2
   3
   4
   5
   6
   7
   8
   9
   10
   11
   12
   13
   14
   15
   16
   17
   18
   19
   20
   21
   22
   23
   24
   25
   26
   27
   28
   29
   30
   31

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  5.00
  5.00
  5.00
  5.00
  5.00
  5.00
  5.00
  5.00
  5.00
  5.00
  5.00
  5.00
  5.00
  5.00
  5.00
  5.00
  5.00
  5.00
  5.00
  5.00
  5.00
  5.00
  5.00
  5.00
  5.00
  5.00
  5.00
  5.00
  5.00
  5.00
Revenue, $m
  4,540
  4,767
  5,005
  5,255
  5,518
  5,794
  6,084
  6,388
  6,707
  7,043
  7,395
  7,765
  8,153
  8,561
  8,989
  9,438
  9,910
  10,405
  10,926
  11,472
  12,046
  12,648
  13,280
  13,944
  14,641
  15,374
  16,142
  16,949
  17,797
  18,687
Variable operating expenses, $m
  4,353
  4,565
  4,788
  5,022
  5,267
  5,525
  5,796
  6,080
  6,378
  6,692
  6,911
  7,256
  7,619
  8,000
  8,400
  8,820
  9,261
  9,724
  10,210
  10,721
  11,257
  11,820
  12,411
  13,031
  13,683
  14,367
  15,085
  15,840
  16,632
  17,463
Fixed operating expenses, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total operating expenses, $m
  4,353
  4,565
  4,788
  5,022
  5,267
  5,525
  5,796
  6,080
  6,378
  6,692
  6,911
  7,256
  7,619
  8,000
  8,400
  8,820
  9,261
  9,724
  10,210
  10,721
  11,257
  11,820
  12,411
  13,031
  13,683
  14,367
  15,085
  15,840
  16,632
  17,463
Operating income, $m
  187
  202
  218
  234
  251
  269
  288
  308
  329
  351
  484
  508
  534
  560
  588
  618
  649
  681
  715
  751
  789
  828
  869
  913
  958
  1,006
  1,057
  1,110
  1,165
  1,223
EBITDA, $m
  414
  435
  457
  480
  504
  529
  555
  583
  612
  643
  675
  709
  744
  781
  820
  861
  904
  950
  997
  1,047
  1,099
  1,154
  1,212
  1,273
  1,336
  1,403
  1,473
  1,547
  1,624
  1,705
Interest expense (income), $m
  35
  61
  68
  76
  84
  93
  102
  111
  121
  131
  142
  153
  165
  178
  191
  204
  219
  234
  250
  267
  284
  303
  322
  343
  364
  386
  410
  435
  461
  488
  517
Earnings before tax, $m
  126
  133
  141
  150
  158
  168
  177
  187
  198
  209
  331
  343
  356
  370
  384
  399
  415
  431
  448
  467
  486
  506
  527
  549
  572
  596
  622
  649
  677
  707
Tax expense, $m
  34
  36
  38
  40
  43
  45
  48
  51
  53
  56
  89
  93
  96
  100
  104
  108
  112
  116
  121
  126
  131
  137
  142
  148
  154
  161
  168
  175
  183
  191
Net income, $m
  92
  97
  103
  109
  116
  122
  129
  137
  145
  153
  242
  251
  260
  270
  280
  291
  303
  315
  327
  341
  355
  369
  385
  401
  418
  435
  454
  474
  494
  516

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  3,227
  3,388
  3,557
  3,735
  3,922
  4,118
  4,324
  4,540
  4,767
  5,006
  5,256
  5,519
  5,795
  6,084
  6,388
  6,708
  7,043
  7,395
  7,765
  8,154
  8,561
  8,989
  9,439
  9,911
  10,406
  10,926
  11,473
  12,046
  12,649
  13,281
Adjusted assets (=assets-cash), $m
  3,227
  3,388
  3,557
  3,735
  3,922
  4,118
  4,324
  4,540
  4,767
  5,006
  5,256
  5,519
  5,795
  6,084
  6,388
  6,708
  7,043
  7,395
  7,765
  8,154
  8,561
  8,989
  9,439
  9,911
  10,406
  10,926
  11,473
  12,046
  12,649
  13,281
Revenue / Adjusted assets
  1.407
  1.407
  1.407
  1.407
  1.407
  1.407
  1.407
  1.407
  1.407
  1.407
  1.407
  1.407
  1.407
  1.407
  1.407
  1.407
  1.407
  1.407
  1.407
  1.407
  1.407
  1.407
  1.407
  1.407
  1.407
  1.407
  1.407
  1.407
  1.407
  1.407
Average production assets, $m
  1,534
  1,611
  1,692
  1,776
  1,865
  1,958
  2,056
  2,159
  2,267
  2,380
  2,499
  2,624
  2,756
  2,893
  3,038
  3,190
  3,350
  3,517
  3,693
  3,878
  4,071
  4,275
  4,489
  4,713
  4,949
  5,196
  5,456
  5,729
  6,015
  6,316
Working capital, $m
  154
  162
  170
  179
  188
  197
  207
  217
  228
  239
  251
  264
  277
  291
  306
  321
  337
  354
  371
  390
  410
  430
  452
  474
  498
  523
  549
  576
  605
  635
Total debt, $m
  1,268
  1,410
  1,559
  1,716
  1,880
  2,053
  2,235
  2,425
  2,625
  2,835
  3,056
  3,287
  3,530
  3,785
  4,053
  4,335
  4,630
  4,941
  5,266
  5,608
  5,968
  6,345
  6,741
  7,156
  7,593
  8,051
  8,533
  9,038
  9,569
  10,126
Total liabilities, $m
  2,843
  2,985
  3,134
  3,291
  3,455
  3,628
  3,809
  4,000
  4,200
  4,410
  4,630
  4,862
  5,105
  5,360
  5,628
  5,910
  6,205
  6,515
  6,841
  7,183
  7,542
  7,920
  8,315
  8,731
  9,168
  9,626
  10,108
  10,613
  11,144
  11,701
Total equity, $m
  384
  403
  423
  444
  467
  490
  515
  540
  567
  596
  625
  657
  690
  724
  760
  798
  838
  880
  924
  970
  1,019
  1,070
  1,123
  1,179
  1,238
  1,300
  1,365
  1,434
  1,505
  1,580
Total liabilities and equity, $m
  3,227
  3,388
  3,557
  3,735
  3,922
  4,118
  4,324
  4,540
  4,767
  5,006
  5,255
  5,519
  5,795
  6,084
  6,388
  6,708
  7,043
  7,395
  7,765
  8,153
  8,561
  8,990
  9,438
  9,910
  10,406
  10,926
  11,473
  12,047
  12,649
  13,281
Debt-to-equity ratio
  3.300
  3.500
  3.680
  3.860
  4.030
  4.190
  4.340
  4.490
  4.630
  4.760
  4.890
  5.010
  5.120
  5.230
  5.330
  5.430
  5.520
  5.610
  5.700
  5.780
  5.860
  5.930
  6.000
  6.070
  6.130
  6.190
  6.250
  6.300
  6.360
  6.410
Adjusted equity ratio
  0.119
  0.119
  0.119
  0.119
  0.119
  0.119
  0.119
  0.119
  0.119
  0.119
  0.119
  0.119
  0.119
  0.119
  0.119
  0.119
  0.119
  0.119
  0.119
  0.119
  0.119
  0.119
  0.119
  0.119
  0.119
  0.119
  0.119
  0.119
  0.119
  0.119

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  92
  97
  103
  109
  116
  122
  129
  137
  145
  153
  242
  251
  260
  270
  280
  291
  303
  315
  327
  341
  355
  369
  385
  401
  418
  435
  454
  474
  494
  516
Depreciation, amort., depletion, $m
  227
  233
  239
  246
  252
  260
  267
  275
  283
  292
  191
  200
  210
  221
  232
  244
  256
  268
  282
  296
  311
  326
  343
  360
  378
  397
  416
  437
  459
  482
Funds from operations, $m
  319
  331
  342
  355
  368
  382
  396
  412
  428
  445
  432
  451
  470
  491
  512
  535
  558
  583
  609
  637
  665
  696
  727
  760
  795
  832
  871
  911
  953
  998
Change in working capital, $m
  7
  8
  8
  9
  9
  9
  10
  10
  11
  11
  12
  13
  13
  14
  15
  15
  16
  17
  18
  19
  20
  20
  22
  23
  24
  25
  26
  27
  29
  30
Cash from operations, $m
  312
  323
  334
  347
  359
  373
  387
  401
  417
  433
  420
  438
  457
  477
  498
  519
  542
  566
  592
  618
  646
  675
  706
  738
  772
  807
  844
  884
  925
  968
Maintenance CAPEX, $m
  -111
  -117
  -123
  -129
  -136
  -142
  -149
  -157
  -165
  -173
  -182
  -191
  -200
  -210
  -221
  -232
  -244
  -256
  -268
  -282
  -296
  -311
  -326
  -343
  -360
  -378
  -397
  -416
  -437
  -459
New CAPEX, $m
  -75
  -77
  -81
  -85
  -89
  -93
  -98
  -103
  -108
  -113
  -119
  -125
  -131
  -138
  -145
  -152
  -160
  -167
  -176
  -185
  -194
  -204
  -214
  -224
  -236
  -247
  -260
  -273
  -286
  -301
Cash from investing activities, $m
  -186
  -194
  -204
  -214
  -225
  -235
  -247
  -260
  -273
  -286
  -301
  -316
  -331
  -348
  -366
  -384
  -404
  -423
  -444
  -467
  -490
  -515
  -540
  -567
  -596
  -625
  -657
  -689
  -723
  -760
Free cash flow, $m
  126
  129
  131
  133
  135
  137
  139
  142
  144
  147
  120
  123
  126
  129
  132
  136
  139
  143
  147
  152
  156
  161
  166
  171
  176
  182
  188
  194
  201
  208
Issuance/(repayment) of debt, $m
  136
  142
  149
  157
  165
  173
  181
  190
  200
  210
  220
  232
  243
  255
  268
  281
  295
  310
  326
  342
  359
  377
  396
  416
  437
  458
  481
  505
  531
  557
Issuance/(repurchase) of shares, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  136
  142
  149
  157
  165
  173
  181
  190
  200
  210
  220
  232
  243
  255
  268
  281
  295
  310
  326
  342
  359
  377
  396
  416
  437
  458
  481
  505
  531
  557
Total cash flow (excl. dividends), $m
  262
  271
  280
  289
  299
  310
  321
  332
  344
  357
  340
  354
  369
  384
  400
  417
  435
  453
  473
  494
  515
  538
  562
  587
  613
  640
  669
  700
  731
  765
Retained Cash Flow (-), $m
  -17
  -19
  -20
  -21
  -22
  -23
  -25
  -26
  -27
  -28
  -30
  -31
  -33
  -34
  -36
  -38
  -40
  -42
  -44
  -46
  -49
  -51
  -53
  -56
  -59
  -62
  -65
  -68
  -72
  -75
Prev. year cash balance distribution, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash available for distribution, $m
  245
  252
  260
  268
  277
  286
  296
  306
  317
  328
  310
  323
  336
  350
  364
  379
  395
  412
  429
  447
  467
  487
  508
  530
  554
  578
  604
  631
  660
  690
Discount rate, %
  9.20
  9.66
  10.14
  10.65
  11.18
  11.74
  12.33
  12.95
  13.59
  14.27
  14.99
  15.74
  16.52
  17.35
  18.22
  19.13
  20.08
  21.09
  22.14
  23.25
  24.41
  25.63
  26.91
  28.26
  29.67
  31.15
  32.71
  34.35
  36.07
  37.87
PV of cash for distribution, $m
  224
  209
  195
  179
  163
  147
  131
  116
  101
  86
  67
  56
  46
  37
  30
  23
  18
  13
  10
  7
  5
  3
  2
  1
  1
  1
  0
  0
  0
  0
Current shareholders' claim on cash, %
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0

Coca-Cola Bottling Co. Consolidated produces, markets and distributes nonalcoholic beverages. The Company is an independent Coca-Cola bottler in the United States. The Company's segments include Nonalcoholic Beverages and All Other. Majority of its total bottle/can volume to retail customers consist of products of The Coca-Cola Company. It also distributes products for various other beverage brands, including Dr Pepper, Sundrop and Monster Energy. The Company's product offerings include both sparkling and still beverages. Sparkling beverages are carbonated beverages and the Company's principal sparkling beverage is Coca-Cola. Still beverages include energy products and noncarbonated beverages, such as bottled water, tea, ready to drink coffee, enhanced water, juices and sports drinks. There are two main categories of sales, which include bottle/can sales and other sales.

FINANCIAL RATIOS  of  Coca-Cola Bottling Consolidated (COKE)

Valuation Ratios
P/E Ratio 30.2
Price to Sales 0.5
Price to Book 5.5
Price to Tangible Book
Price to Cash Flow 9.3
Price to Free Cash Flow -137.3
Growth Rates
Sales Growth Rate 36.9%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate 5.5%
Cap. Spend. - 3 Yr. Gr. Rate 23.2%
Financial Strength
Quick Ratio 3
Current Ratio 0
LT Debt to Equity 342.2%
Total Debt to Equity 345.1%
Interest Coverage 4
Management Effectiveness
Return On Assets 3.3%
Ret/ On Assets - 3 Yr. Avg. 3.9%
Return On Total Capital 4.6%
Ret/ On T. Cap. - 3 Yr. Avg. 5.5%
Return On Equity 19.2%
Return On Equity - 3 Yr. Avg. 21.1%
Asset Turnover 1.5
Profitability Ratios
Gross Margin 38.5%
Gross Margin - 3 Yr. Avg. 39.3%
EBITDA Margin 7.8%
EBITDA Margin - 3 Yr. Avg. 8.3%
Operating Margin 4.1%
Oper. Margin - 3 Yr. Avg. 5%
Pre-Tax Margin 2.9%
Pre-Tax Margin - 3 Yr. Avg. 3.5%
Net Profit Margin 1.6%
Net Profit Margin - 3 Yr. Avg. 2%
Effective Tax Rate 38.7%
Eff/ Tax Rate - 3 Yr. Avg. 36.3%
Payout Ratio 18%

COKE stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the COKE stock intrinsic value calculation we used $4323.668 million for the last fiscal year's total revenue generated by Coca-Cola Bottling Consolidated. The default revenue input number comes from 0001 income statement of Coca-Cola Bottling Consolidated. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our COKE stock valuation model: a) initial revenue growth rate of 5% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 9.2%, whose default value for COKE is calculated based on our internal credit rating of Coca-Cola Bottling Consolidated, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of Coca-Cola Bottling Consolidated.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of COKE stock the variable cost ratio is equal to 96%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $0 million in the base year in the intrinsic value calculation for COKE stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 5.4% for Coca-Cola Bottling Consolidated.

Corporate tax rate of 27% is the nominal tax rate for Coca-Cola Bottling Consolidated. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the COKE stock is equal to 0%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for COKE are equal to 33.8%.

Life of production assets of 13.1 years is the average useful life of capital assets used in Coca-Cola Bottling Consolidated operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for COKE is equal to 3.4%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $366.702 million for Coca-Cola Bottling Consolidated - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 7.141 million for Coca-Cola Bottling Consolidated is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of Coca-Cola Bottling Consolidated at the current share price and the inputted number of shares is $1.2 billion.

RELATED COMPANIES Price Int.Val. Rating
KO Coca-Cola 44.91 17.04  str.sell
PEP PepsiCo 105.63 118.49  hold
FIZZ National Bever 98.04 100.87  hold
COT Cott 14.80 12.53  sell
KOF Coca-Cola Fems 61.33 1,500.94  str.buy

COMPANY NEWS

▶ Lyft adds ex-Sonos CMO to roster   [09:46AM  American City Business Journals]
▶ Charlotte-based Coca-Cola bottler, distributor names a new CFO   [Sep-11-18 06:40AM  American City Business Journals]
▶ Coca-Cola Bottling: 2Q Earnings Snapshot   [Aug-08-18 05:56PM  Associated Press]
▶ Will Philly's state Supreme Court win cause soda taxes to bubble up elsewhere?   [Jul-23-18 03:02PM  American City Business Journals]
▶ Coca-Cola to invest in, expand Cincinnati operations   [Jun-29-18 12:37PM  American City Business Journals]
▶ Coca-Cola to open huge facility in NKY, create 430 jobs   [Jun-28-18 12:00PM  American City Business Journals]
▶ Coca-Cola Bottling: 1Q Earnings Snapshot   [May-09-18 05:03AM  Associated Press]
▶ Coca-Cola Bottling posts 4Q profit   [05:04AM  Associated Press]
▶ Giving Stocks as a Gift Could Be New Holiday Tradition   [Dec-22-17 04:28PM  TheStreet.com]
▶ Need a sales expert? This Google vet has 'Emissaries' ready to help   [Dec-21-17 01:06PM  American City Business Journals]
▶ Coca Cola Bottling Getting Closer To Key Technical Measure   [03:00AM  Investor's Business Daily]
▶ Coca-Cola Bottling posts 3Q profit   [Nov-07-17 05:57PM  Associated Press]
▶ Trump is wrong about the NFL's 'massive tax breaks'   [Oct-10-17 09:10AM  Yahoo Finance]
▶ Trump touts Tax plan as stocks make solid Q3 gains   [Sep-29-17 09:04AM  Yahoo Finance]
▶ Yahoo Finance Live: Market Movers - Sep 29th, 2017   [07:20AM  Yahoo Finance Video]
▶ A head on collision between politics and sports   [Sep-25-17 10:53AM  Yahoo Finance Video]
▶ Markets struggle after Trumps troubles   [09:15AM  Yahoo Finance]
▶ Yahoo Finance Live: Market Movers - Sep 25th, 2017   [07:20AM  Yahoo Finance Video]
▶ Red Sox reportedly used Apple Watch to cheat   [Sep-06-17 01:19PM  Yahoo Finance Video]
▶ How This Ad Exec Is Crushing The Competition   [Aug-17-17 03:52PM  Forbes]

CONTACT US       ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2018. All rigths reserved.