• PepsiCo (NYSE:PEP) announced plans to acquire a 66% stake in Wimm-Bill-Dann (NYSE:WBD) for $3.8 billion
• Toll Brothers (NYSE:TOL) reported fiscal fourth quarter earnings of $0.30 a share that included a tax benefit, versus consensus expectations for a loss of $0.08. Revenues of $402.6 million beat estimates of $393.2 million
• Costco (NASDAQ:COST) reported monthly sales up 9% in November, up from estimates of a 6.3% rise
• Limited Brands (NYSE:LTD) posted a 10% sales gain for November
• Abercrombie & Fitch (NYSE:ANF) saw November sales up 22%, versus expectations of a 6.8% rise
• Goldman Sachs (NYSE:GS) upgraded Principal Financial Group (NYSE:PFG) from “buy” to “Conviction Buy,” with a price target of $32
• Johnson & Johnson (NYSE:JNJ) recalled 12 million bottles of Mylanta for insufficient labeling of alcoholic content
ABERCROMBIE (ANF): Free Stock Analysis Report
COSTCO WHOLE CP (COST): Free Stock Analysis Report
GOLDMAN SACHS (GS): Free Stock Analysis Report
JOHNSON & JOHNS (JNJ): Free Stock Analysis Report
LIMITED INC (LTD): Free Stock Analysis Report
PEPSICO INC (PEP): Free Stock Analysis Report
PRINCIPAL FINL (PFG): Free Stock Analysis Report
TOLL BROTHERS (TOL): Free Stock Analysis Report
WIMM-BILL-DANN (WBD): Free Stock Analysis Report
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