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Stock Market & Financial Investment News

News Breaks
April 15, 2014
10:07 EDTGMCR, KOCoca-Cola sees 'significant' currency headwinds for the remainder of this year
Coca-Cola (KO) says it is focused on strategic priorities: accelerating sparkling growth, expanding its portfolio, increasing brand investments by maximizing productivity, winning at point-of-sale, investing in next generation of leaders. Sees growth potential in sparkling category. Says still early in journey to restore sparkling momentum. Says "tenaciously" focused on building and improving on this quarter's performance. Says plans on growing brand investments by $400M in FY14 and $1B by FY16. Says cautiously optimistic about outlook in Europe despite the continuing volatile operating environment. Says will provide updates on Keurig Green Mountain (GMCR) partnership later this year. Says does not foresee any significant cash contributions to its pension plan in the near-term as its largest pension plan is currently fully funded. Says in terms of Q2, plans to continue to execute strategic priorities and says full year plan remains intact. Says very cautious and forecasting currency movements. Though it anticipates significant currency headwinds for the remainder of this year, says "unlikely" that the company will have the same level of headwinds going forward. Sees Venezuelan currency devaluation as major currency headwind driver. Comments made during the company's Q1 earnings conference call.
News For KO;GMCR From The Last 14 Days
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March 26, 2015
14:08 EDTKOPepsi regains number two spot from Diet Coke in cola wars, AP says
Pepsi (PEP) regained the number two spot from Diet Coke (KO) in the cola wars. Diet Coke had knocked Pepsi off the number two spot back in 2010, AP reports. Reference Link
March 25, 2015
09:33 EDTGMCRKeurig Green Mountain downgraded to Negative from Mixed at OTR Global
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March 23, 2015
11:30 EDTGMCRKeurig Green Mountain announces launch of K-Mug pods
Keurig Green Mountain announces the addition of Keurig K-Mug pods: pods that brew a large travel mug-size of consumers' beverages, offering even more brewing options within the Keurig 2.0 brewing system. Keurig 2.0, which debuted in Fall 2014, is a hot beverage system and the first Keurig brewer with the ability to brew a single cup, a four-cup carafe, and now a travel mug size of coffee. Available exclusively on Keurig.com, the new K-Mug pods are specially formulated to deliver the quality and strength of flavor that Keurig 2.0 brewer users expect when brewing 12-, 14-, and 16-ounce coffee and other beverages, accommodating both on-the-go lifestyles and those mornings that require more than a cup but less than a carafe.
March 19, 2015
10:28 EDTGMCRKeurig Green Mountain 2.0 system traction disappointing, says Dougherty
Dougherty's said it is cautious on Keurig Green Mountain following checks indicating disappointing traction for the 2.0 brewer system.
06:53 EDTKOCoca-Cola CEO to raise marketing budget, revamp distribution network, WSJ says
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March 18, 2015
10:31 EDTKOPepsiCo's valuation low vs. peers, says Credit Suisse
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09:36 EDTKOActive equity options trading on open
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March 17, 2015
16:00 EDTKOOptions Update; March 17, 2015
iPath S&P 500 VIX Short-Term Futures down 11c to 27.30. Option volume leaders: AAPL RIG MGM HTZ TWTR TSLA CY KO NFLX C according to Track Data.
March 15, 2015
18:04 EDTKODavid Winters says Coca-Cola CEO declined bonus not enough, Reuters says
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