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Stock Market & Financial Investment News

News Breaks
March 12, 2013
06:44 EDTKO, PEP, DPSNew York to appeal reversal of large drink ban, Politico reports
New York City vowed to appeal a judge's decision striking down the city's ban on large sugary drinks, Politico reported last night. New York Mayor Mike Bloomberg said the city is "confident" it will win an appeal, the website added. Reference Link
News For KO;PEP;DPS From The Last 14 Days
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September 16, 2014
07:49 EDTKOBofA/Merrill to hold a conference
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September 15, 2014
16:16 EDTPEPPepsiCo initiated with an Outperform at Cowen
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16:15 EDTKOCoca-Cola initiated with a Market Perform at Cowen
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16:15 EDTDPSDr Pepper Snapple initiated with a Market Perform at Cowen
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14:18 EDTKOPulteGroup names Manish Shrivastava as Chief Marketing Officer
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12:35 EDTKOCoca-Cola brings back SURGE after 12 year hiatus, exclusively through Amazon
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September 10, 2014
16:00 EDTKOOptions Update; September 10, 2014
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11:04 EDTKOCoca-Cola management to meet with SunTrust
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September 8, 2014
15:43 EDTKOMonster Beverage asks court to block NY probe subpoena, Bloomberg says
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September 5, 2014
11:53 EDTKOCoca-Cola says 'on track' for 2014 productivity targets
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September 4, 2014
07:45 EDTKOCoca-Cola can continue to outperform, says Bernstein
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September 3, 2014
17:03 EDTDPSDr Pepper Snapple seeks acquisition of Davis Beverage Group, Bottling Business
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09:36 EDTPEPPepsiCo says 'not where we want to be' in North America beverages
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09:01 EDTKOKeurig Green Mountain, Coca-Cola expand agreement to Keurig hot brewing system
Keurig Green Mountain (GMCR) and The Coca Cola Company (KO) have expanded the companies’ innovative partnership to offer select beverages from the portfolio of The Coca Cola Company’s still brands in the Keurig hot brewing system in the United States and Canada. Honest Tea will be the first brand from The Coca Cola Company available in K-Cup® packs. In February 2014, the companies signed a 10-year agreement to collaborate on the development and introduction of The Coca Cola Company's global brand portfolio for use in Keurig’s forthcoming Keurig Cold™ at-home beverage system, available in Keurig’s fiscal year 2015. As part of that agreement Coca-Cola acquired a 10% minority equity position in Keurig and subsequently announced its intention to increase its stake up to 16%.
September 2, 2014
17:15 EDTPEPPepsiCo backs FY14 constant currency EPS growth guidance of 8%
In advance of the Barclays Back-to-School Consumer Conference in Boston, Massachusetts, PepsiCo stated that, consistent with its previous guidance for FY14, PepsiCo expects 8% core constant currency EPS growth in FY14 versus its FY13 core EPS of $4.37. Based on the current foreign exchange market consensus, PepsiCo currently expects that foreign exchange translation will have an unfavorable impact of approximately 4% points on its full-year core EPS growth in 2014. Excluding the impact of structural changes and foreign exchange translation, organic revenue in 2014 is expected to grow mid-single digits versus 2013, consistent with PepsiCo’s long-term target. Based on the current foreign exchange market consensus, PepsiCo currently expects foreign exchange translation to have an unfavorable impact of approximately 3 percentage points on its full-year net revenue growth in 2014.
10:09 EDTPEP, KOStudy finds adverse heart events associated with energy drinks, ScienceWR says
A study presented at the European Society of Cardiology congress concluded that caffeinated energy drinks can be associated with several adverse heart conditions including angina, cardiac arrhythmia and sudden death, reported Science World Report. Monster Beverage (MNST) markets energy drinks and recently struck a deal to acquire additional energy drink brands from Coca-Cola (KO). PepsiCo also markets energy drinks. Reference Link

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