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Stock Market & Financial Investment News

News Breaks
April 9, 2014
05:26 EDTPEP, SNMXSenomyx enters into research agreement with PepsiCo, terms not disclosed
Senomyx (SNMX) announced that it has entered into a new collaborative agreement with PepsiCo (PEP) related to Senomyx's Salt Taste Program. The new collaboration will support Senomyx's continued work to identify flavors with modifying properties intended to restore the desired salty taste in products with reduced salt. Under the new agreement, PepsiCo will provide research funding for the Salt Taste Program for 2014 and has options to extend the research funding period. PepsiCo will have non-exclusive rights to salt flavor modifiers discovered during the research funding period. In addition, Senomyx will have the right to supply these flavor ingredients directly to PepsiCo. Financial terms of the agreement have not been disclosed.
News For SNMX;PEP From The Last 14 Days
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February 10, 2016
06:46 EDTPEPCoca-Cola battling for 'zero' trademark rights, WSJ says
The U.S. PTO is preparing to make a ruling over Coca-Cola's (KO) attempt to trademark the rights to "zero" for its beverages almost 13 years after the beverage company first tried to register it in the U.S., the Wall Street Journal reports. The move triggered a 2007 challenge from rival Dr Pepper Snapple Group (DPS), which also has a beverage called Zero, the report says. A ruling in the U.S. could come before summer, the report says, citing people familiar with the case. Canada rejected Coca-Cola's attempt last month after rival PepsiCo (PEP) opposed the move, the report notes. Reference Link
February 7, 2016
16:48 EDTPEPPepsiCo pursued major stake in Chobani, Bloomberg says
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January 29, 2016
11:02 EDTPEPPepsiCo unveils new hospitality venture with launch of Kola House
Pepsi (PEP) announces its plans to launch Kola House, the first experimental kola bar, restaurant, lounge and event space to open in the U.S. market. This first-of-its-kind hospitality venture is set to open its doors in spring 2016, with its flagship location in New York City's Meatpacking District. The flagship location will also serve as an event space for pop culture moments in music, art, style, film, sports and more. Pepsi is leveraging its partnership with Live Nation (LYV) to help build out a special music series, Live at the Kola House, which will serve as tent pole moments throughout its year-long programming. Each of the intimate, stripped down performances will bring fans up-close to the artists both visually and acoustically for the once-in-a-lifetime shows.
06:07 EDTPEPPepsi making foray into restaurant business with Kola House, NY Times says
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