|April 16, 2014|
|07:10 EDT||SODA, DPS, PEP||SodaStream in talks to sell stake to strategic buyer, Calcalist reports|
Israel's SodaStream has held early stage discussions about selling a 10%-16% stake in itself to a strategic buyer, Hebrew language website Calcalist reported. The stake would be sold based on a company valuation of $1.1B, about 33% above the valuation at which the stock was trading yesterday at the market open, the website stated. SodaStream has held talks about the matter with PepsiCo (PEP), Dr Pepper Snapple (DPS), or Starbucks (SBUX), the website stated. Reference Link
News For SODA;PEP;DPS From The Last 14 Days
|January 28, 2015|
|06:37 EDT||PEP||Activist 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 EDT||PEP||Pepsi launches naturally-sweetened Pepsi True in three states, WSJ says|
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|January 26, 2015|
|08:55 EDT||SODA||Sodastream volatility at low end of range as shares near historic lows|
Sodastream overall option implied volatility of 50 compares to its 26-week average of 54 according to Track Data, suggesting decreasing price movement.
|January 25, 2015|
|20:45 EDT||PEP||PepsiCo 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 EDT||PEP||Senomyx, 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 22, 2015|
|10:03 EDT||SODA||On the Fly: Analyst Upgrade Summary|
Today's noteworthy upgrades include: AMC Networks (AMCX) upgraded to Buy from Neutral at Nomura... Alcatel-Lucent (ALU) upgraded to Conviction Buy from Neutral at Goldman... Chuy's (CHUY) upgraded at Wells Fargo... Coty (COTY) upgraded to Buy from Neutral at Citigroup... Era Group (ERA) upgraded to Buy from Hold at Evercore ISI... Exterran (EXH) upgraded to Buy from Hold at Evercore ISI... F5 Networks (FFIV) upgraded to Buy from Neutral at Buckingham... Joy Global (JOY) upgraded to Outperform from Market Perform at BMO Capital... Lennox (LII) upgraded to Buy from Neutral at UBS... RSA Insurance (RSNAY) upgraded to Outperform from Neutral at Credit Suisse... Rockwell Automation (ROK) upgraded to Buy from Neutral at UBS... SodaStream (SODA) upgraded to Hold from Sell at Stifel... eBay (EBAY) upgraded to Equal Weight from Underweight at Morgan Stanley.
|07:08 EDT||SODA||SodaStream upgraded to Hold from Sell at Stifel|
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