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Stock Market & Financial Investment News

News Breaks
December 29, 2010
07:10 EDTDPS, SBUX, KO, GIS, PEPPepsiCo's new Tropolis pureed fruit drink targeted to snack market, WSJ reports
In a move to produce more nutritious convenience foods, PepsiCo (PEP) is betting that consumers will pay more for a pureed fruit product called Tropolis that it's testing and will market as a snack and not a drink, reports the Wall Street Journal. Reference Link
News For PEP;KO;DPS;GIS;SBUX From The Last 14 Days
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August 27, 2015
16:23 EDTGISB&G Foods in advanced talks for General Mills' Green Giant unit, Reuters says
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15:59 EDTGISB&G in late stage talks to buy General Mills' Green Giant business, Reuters says
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August 26, 2015
13:14 EDTGISGeneral Mills recalls 'limited' quantity of frozen Cascadian Farm green beans
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August 25, 2015
07:36 EDTSBUXStarbucks CEO tells workers to be nice to stock-stressed customers, Fusion says
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07:08 EDTKOCoca-Cola says to meet 2020 water replenishment goal by end of 2015
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August 23, 2015
13:36 EDTKOCoca-Cola shares could return 30% over next few years, Barron's says
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August 20, 2015
19:53 EDTKORetailers, others question heightened fees at Port of Oakland, WSJ says
After the Port of Oakland said it is considering implementing additional fees, the Retail Industry Leaders Association told the Federal Maritime Commission that it is "troubled" due to the lack of details regarding the fees, according to the Wall Street Journal. The retailer group also questioned the general effectiveness of such a program, and the Agriculture Transportation Coalition echoed the criticism, said the report. Note that executives from Lowe's (LOW), Best Buy (BBY), Target (TGT), Coca-Cola (KO), J.C. Penney (JCP), Tyson Foods (TSN), SunOpta (STKL), and Whole Foods (WFM) serve on the boards of the aforementioned associations. Reference Link
18:49 EDTKOCoca-Cola CEO says 'we'll do better' on research funding, WSJ reports
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August 19, 2015
14:25 EDTKOCoca-Cola has option for outright purchase of Suja, Bloomberg says
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14:13 EDTKOCoca-Cola said to have option to eventually buy Suja, Bloomberg says
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11:48 EDTKOCoca-Cola makes minority investment in Suja, Suja says in blog
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06:12 EDTSBUXStarbucks K-cup momentum is accelerating, says UBS
UBS analyst Keith Siegner says Starbucks (SBUX) is seeing accelerating momentum in the single-serve cup category. The company's K-cup sales increased 36% year-over-year for the four-week period ended August 8, according to Nielsen (NLSN), Siegner tells investors in a research note. Starbucks' K-cup promotion levels ticked up sequentially, but remain well below levels from earlier in the year, the analyst points out. The company's K-Cup portfolio continues to gain share despite increasing price pressure and new market entrants like Dunkin' Brands (DNKN) and McDonald's (MCD), Siegner writes. He keeps a Buy rating on Starbucks with a $63 price target. The stock closed yesterday up 9c to $57.83. Shares of Keurig Green Mountain (GMCR) are down 62% year-to-date in part due to the company's slowing sales in the single-serve cup category.
August 18, 2015
06:08 EDTSBUXStarbucks to start selling wine, beer at some stores this week, USA Today says
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