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Stock Market & Financial Investment News

News Breaks
February 4, 2013
14:54 EDTDPS, KO, PEPU.S. looking to eliminate soda from most school lunches, The Hill says
The Obama administration proposed regulations on Friday that would eliminate regular soda from U.S. school lunches, although high school students may still be able to obtain diet soda. according to The Hill. Reference Link
News For PEP;KO;DPS From The Last 14 Days
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January 28, 2015
06:37 EDTPEPActivist investor to pressure for new Pepsi CEO in summer, NY Post says
Nelson Peltz plans to pressure PepsiCo CEO Indra Nooyi this summer to develop a plan of succession, reports the New York Post. Peltz, who owns 1.2% of PepsiCo through his Trian Partners, recently had his adviser William Johnson appointed to the company's board. Johnson begins serving on the board in March and will push for quick leadership change, potentially allowing Peltz to name a CEO more willing to spin off Pepsi's Frito-Lay into a separate company. Reference Link
January 27, 2015
07:29 EDTPEP, KOPepsi launches naturally-sweetened Pepsi True in three states, WSJ says
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January 26, 2015
09:56 EDTKOBofA/Merrill food/beverages analysts to hold an analyst/industry conference call
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January 25, 2015
20:45 EDTPEPPepsiCo new director nominee could ease tensions with Trian, Barron's says
PepsiCo's newest independent director nominee, former Heinz CEO William Johnson, could ease tensions between the company and activist Trian Fund Management as both Pepsi CEO Indra Nooyi and Nelson Peltz approve of the nomination, Barron's contends in a follow up article. Johnson's nomination "eases near-term pressure to split," the paper adds, citing UBS analyst Stephen Powers. Reference Link
January 23, 2015
06:09 EDTPEPSenomyx, PepsiCo executes collaborative research agreeement
Senomyx (SNMX) and PepsiCo (PEP) executed an amendment to the collaborative research agreement dated April 8, 2014 related to Senomyx’s Salt-Taste Program. Under the terms of the original agreement, PepsiCo agreed to provide certain research funding for our Salt Taste Program with a focus on the identification of flavors with modifying properties intended to restore the desired salty taste in products with reduced salt through December 2014. The amendment extends the research funding and the collaborative research period for an additional year through December 31, 2015.
January 20, 2015
09:38 EDTKOActive equity options trading
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January 16, 2015
16:24 EDTPEPPepsiCo names William Johnson to Board of Directors
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January 15, 2015
10:37 EDTDPSKraft rises after Goldman gets less cautious on food space, ups stock to buy
Shares of Kraft Foods (KRFT) are climbing after Goldman Sachs upgraded the stock to Buy and placed the shares on its Conviction List. WHAT'S NEW: Costs for food makers are declining as commodity prices drop, Goldman Sachs analyst Judy Hong wrote in a note to investors today. Kraft is among the U.S. food companies that benefits the most from lower costs, the analyst stated. Additionally, Kraft's pricing power is one of the strongest in the group and it is heavily exposed to the U.S. economy, the analyst stated. WHAT'S NOTABLE: Hong's upgrade of Kraft was part of a note in which she took a more balanced view of the U.S. consumer staples sector. The analyst upgraded the Food sector to Neutral from Cautious, noting that consumer staples stocks with outsized exposure to the U.S. market should be boosted by strong U.S. growth and more favorable foreign exchange dynamics than their peers. In addition to Kraft, the analyst identified the following stocks as her top picks within the consumer staples sector: Monster Beverage (MNST), Constellation Brands (STZ), Coca-Cola Enterprises (CCE), Keurig Green Mountain (GMCR), Freshpet (FRPT), Mead Johnson (MJN), and Estee Lauder (EL). Goldman also upgraded Hershey (HSY), Dr. Pepper Snapple (DPS), and Clorox (CLX), all to Neutral from Sell, downgraded cigarette maker Philip Morris (PM) to Sell from Neutral and downgraded brewer Molson Coors (TAP) to Neutral from Buy. PRICE ACTION: In early trading, Kraft climbed 3.7% to $65 per share.
10:00 EDTDPSOn The Fly: Analyst Upgrade Summary
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06:37 EDTDPSDr Pepper Snapple upgraded to Neutral from Sell at Goldman
Goldman upgraded Dr Pepper Snapple to Neutral given continued rational pricing and lower input costs. Price target raised to $75 from $63.

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