Bob Evans Farms, BOBE

British American Tobacco Plc (BTI) On Tuesday, brokerage firm Credit Agricole upgraded shares of BTI from Outperform to Buy and investment banking firm Goldman Sachs increased its rating on the company's stock to Neutral from Sell, while research firm Credit Suisse reinitiated coverage of BTI with an Outperform rating.

17.06.2015 - 05:41:33

Potential Visualized On British American Tobacco (BTI); Bob Evans Farms (BOBE) Posts Profit Above Consensus. BTI recently said that it has signed an agreement to acquire TDR d.o.o. and other tobacco and retail assets from Adris Grupa d.d. for a total enterprise value of 550 million euros ($604 million). The transaction, subject to a number of anti-trust approvals and Adris shareholder consent, is expected to complete in October 2015. TDR is a cigarette manufacturer in Central Europe with good business in Croatia, Bosnia and Serbia, and BTI expects the deal to provide the opportunity to significantly grow its business in the region BTI is a global tobacco company with more than 200 brands sold in over 200 markets More about British American Tobacco Plc (BTI) at www.bat.com ** Bob Evans Farms, Inc. (BOBE) After the closing bell on Tuesday, BOBE delivered better-than-expected quarterly profit in its financial results. For its fourth quarter fiscal 2015, BOBE posted net sales of $332.4 million and non-GAAP net income of $13.2 million, or $0.56 per diluted share, topping the Capital IQ Consensus Estimate of $0.41 earnings per share on revenues of $331.71 million for the period. BOBE owns and operates full-service restaurants under the Bob Evans Restaurants brand name. More about Bob Evans Farms, Inc. (BOBE) at www.bobevans.com ** Disclaimer: The disclaimer is to be read and fully understood before using our site, or joining our email list. Best Daily Stocks is not a registered investment adviser. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Investors should always conduct their own due diligence with any potential investment, with independent research and other professional advice.

http://bestdailystocks.com/wp-content/uploads/2015/06/bti.jpg British American Tobacco Plc (BTI)

On Tuesday, brokerage firm Credit Agricole upgraded shares of BTI from Outperform to Buy and investment banking firm Goldman Sachs increased its rating on the company's stock to Neutral from Sell, while research firm Credit Suisse reinitiated coverage of BTI with an Outperform rating.

BTI recently said that it has signed an agreement to acquire TDR d.o.o. and other tobacco and retail assets from Adris Grupa d.d. for a total enterprise value of 550 million euros ($604 million). The transaction, subject to a number of anti-trust approvals and Adris shareholder consent, is expected to complete in October 2015.

TDR is a cigarette manufacturer in Central Europe with good business in Croatia, Bosnia and Serbia, and BTI expects the deal to provide the opportunity to significantly grow its business in the region

http://bestdailystocks.com/wp-content/uploads/2015/06/btich.png

BTI is a global tobacco company with more than 200 brands sold in over 200 markets

More about British American Tobacco Plc (BTI) at www.bat.com

**

http://bestdailystocks.com/wp-content/uploads/2015/06/bobe.jpg Bob Evans Farms, Inc. (BOBE)

After the closing bell on Tuesday, BOBE delivered better-than-expected quarterly profit in its financial results.

For its fourth quarter fiscal 2015, BOBE posted net sales of $332.4 million and non-GAAP net income of $13.2 million, or $0.56 per diluted share, topping the Capital IQ Consensus Estimate of $0.41 earnings per share on revenues of $331.71 million for the period.

http://bestdailystocks.com/wp-content/uploads/2015/06/bobech2.png

BOBE owns and operates full-service restaurants under the Bob Evans Restaurants brand name.

More about Bob Evans Farms, Inc. (BOBE) at www.bobevans.com

**

Disclaimer: The disclaimer is to be read and fully understood before using our site, or joining our email list. Best Daily Stocks is not a registered investment adviser. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Investors should always conduct their own due diligence with any potential investment, with independent research and other professional advice. Read Full Disclaimer at www.bestdailystocks.com/disclaimer

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