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Stock Market & Financial Investment News

News Breaks
October 17, 2012
06:28 EDTKO, SNYCoca-Cola, Sanofi set up 50-50 partnership, WSJ reports
Coca-Cola (KO) and Sanofi (SNY) are setting up a 50-50 partnership to launch a range of drinks carrying various well-being and beauty claims, reports the Wall Street Journal. The drinks, known as Beautific Oenobiol, will launch in France in pharmacies this fall. Reference Link
News For KO;SNY From The Last 14 Days
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June 18, 2013
16:13 EDTKOAMA adopts policy supporting ban of marketing energy drinks to kids
The American Medical Association, or AMA, announced that it voted during its Annual Meeting to adopt several new policies on emerging issues in public health and science. Among the policies adopted was support for a ban of the marketing of high stimulant/caffeine drinks to adolescents under the age of 18. "Energy drinks contain massive and excessive amounts of caffeine that may lead to a host of health problems in young people, including heart problems, and banning companies from marketing these products to adolescents is a common sense action that we can take to protect the health of American kids," said AMA board member Alexander Ding, M.D. The Fly notes that Forbes reported earlier this week that the AMA might endorse such a ban.
15:23 EDTKOAMA calls for ban on advertising energy drinks to kids, Bloomberg says
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08:38 EDTSNYSanofi management to meet with JPMorgan
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June 17, 2013
07:22 EDTKOBiotech Industry Organization to host a conference
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June 13, 2013
14:40 EDTKOCoca-Cola volatility increases to 18-month high
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11:02 EDTSNYLeerink's major pharma analyst holds an analyst/Industry conference call
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05:58 EDTKOCoca-Cola implied volatility at upper end of index mean range
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June 11, 2013
09:55 EDTKOCoca-Cola Enterprises falls after highlighting 'challenging' conditions
Shares of bottling company beverage distributor Coca-Cola Enterprises (CCE) are sinking after the company indicated this morning that its operating conditions have been more challenging than expected. WHAT'S NEW: Coca-Cola Enterprises stated that it has faced several challenges in 2013, including macroeconomic weakness, poor weather, strong competition in the U.K., and a tax increase in France. Some of the challenges have been more persistent than expected, and they have impacted the outlook for the company's second quarter results, Coca-Cola Enterprises added. The company said it expects some of these challenges to diminish later in the year. TODAY'S PRICE ACTION: In early trading, Coca-Cola Enterprises fell $1.05, or 2.8%, to $36.10. OTHERS TO WATCH: Other soda companies also fell, with Coca Cola (KO) declining 1.7% to $40.50, PepsiCo (PEP) giving back 1.2% to $81.85, and Dr. Pepper Snapple (DPS) losing 1.4% to $46.40.
June 10, 2013
09:04 EDTKOBeverage Digest to host a conference
Wall Street Smarts is being held in New York on June 10.
07:20 EDTSNYBiomed to host a conference
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07:03 EDTSNYSanofi announces FDA approved sBLA for licensure of influenza vaccine
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June 6, 2013
16:22 EDTKOOn The Fly: Closing Wrap
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12:40 EDTKOOn The Fly: Midday Wrap
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12:00 EDTKOGlobes stands by SodaStream story after PepsiCo denial
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10:03 EDTKOSodaStream partnership more likley than a takeover, says JPMorgan
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09:13 EDTKOOn The Fly: Pre-market Movers
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06:43 EDTKOSodaStream may be considering cooperation with Pepsi, Coca-Cola, Globes says
It is unclear if SodaStream's (SODA) talks with PepsiCo (PEP) and Coca-Cola (KO) are about an acquisition or strategic cooperation, according to Globes. The talks began about a month ago and are in early stages, according to the website, which quoted SodaStream as saying that it does not comment on speculation and rumors. Reference Link
June 4, 2013
09:06 EDTSNYMerrimack Phase 1 research supports MM-121 potential for investigation
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06:10 EDTKOCoca-Cola to begin local production in Myanmar, Reuters reports
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05:37 EDTKOCoca-Cola starts local production in Myanmar
For the first time in more than 60 years, Coca-Cola is being bottled in Myanmar. Muhtar Kent, chairman and CEO of The Coca-Cola Company, attended the ceremonial inauguration of a bottling plant in Crystal Springs, Hmawbi Township. The facility is the first to locally bottle Coca-Cola since the company re-entered Myanmar last year. The historic event continues the long-term commitment of The Coca-Cola Company to generate a lasting positive impact by manufacturing, distributing, selling and hiring through its local business in Myanmar. After the lifting of sanctions, The Coca-Cola Company became one of the first U.S. companies to be awarded an investment permit under Myanmar's new Foreign Investment Law. The inauguration of the Coca-Cola plant is a tangible demonstration of Coca-Cola's planned $200M investment over the next five years. The capital investment will increase production capacity, grow logistics including sales and distribution operations, and improve marketing and people capabilities. This investment will stimulate job creation and Coca-Cola estimates that it will create more than 22,000 job opportunities across the entire value chain over the next five years.

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