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BEVERAGES
Hansen beats, but shares slide
The energy drink maker's Q4 earnings more than doubled to 75 cents a share, beating views by 13 cents. Sales surged 85% to $113.6 mil on higher sales of its Monster Energy drinks. Citigroup upgraded shares to a buy and raised its price target to $150 from $130 and forecast long-term earnings growth of 20% vs. 8% for its peers. Hansen has almost quintupled since its 52 week-low of $20.22 last March. Shares were up most of the day, but fell in the last half-hour of trading to close down 2% to 92.25.
RETAIL
Claire's tops, guides below views
Costume jewelry and accessories retailer Claire's Stores reported Q4 earnings grew 27% to 75 cents a share, beating views of 68 cents. Sales rose 5% to $414.7 mil, edging past ...