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Food and Beverage Beverages

  • Some customers were buying it to help in the bedroom, but FDA spokeswoman Lyndsay Meyer said it is not clear if the product works like Viagra. No injuries have been reported, but the FDA says the undeclared ingredient could interact with prescription medicine and lower blood pressure to dangerous levels. The FDA advised customers not to purchase the coffee last...

  • July 20- The world's largest brewer Anheuser Busch InBev said on Thursday it was acquiring Hiball, a San Francisco- based producer of energy drinks and owner of the Alta Palla brand of organic sparkling juices and sparkling waters. The acquisition marks another step into the non-alcoholic drinks sector for the company, which already produces the...

  • *Strong performance of cognac in China. PARIS, July 20- Remy Cointreau struck a cautious note on its profit outlook due to planned investments on Thursday, although the French drinks company exceeded market forecasts with its first-quarter sales. A strong performance from the maker of Remy Martin cognac and Cointreau liquor, partly driven by a rebound in demand...

  • *CP Railway reports better-than-expected 2nd- qtr results after markets. TORONTO, July 19- Canada's main stock index rose on Wednesday as a jump in the price of oil to a six-week high sent energy stocks rallying across the board. Encana Corp jumped 4.7 percent to C $12.53 while Crescent Point Energy Corp surged 8.6 percent to C $9.83.

  • July 17- Activist investor Nelson Peltz is seeking a seat on Procter& Gamble Co's board, taking public his frustrations with the company's lagging stock price and railing against its "suffocating bureaucracy." Trian Fund Management LP on Monday announced the nomination of its chief executive and co-founder Peltz, launching the largest proxy fight ever...

  • TORONTO— Canada's federal food inspection agency backtracked Thursday from its decision that wines produced in the West Bank and other areas controlled by Israeli forces should not be labeled as products of Israel. The Liquor Control Board of Ontario said the inspection agency notified wine sellers last week that it would be unacceptable to declare Israel...

  • Medellin, July 12- Mexico aims to more than triple its annual coffee production in the next 15 years due to a renovation program, Mexico's vice minister of agriculture said on Wednesday. Mexico will harvest 15 million 60- kg bags of coffee within 15 years, up from 3.8 million bags in 2017/ 18, said Jorge Narvaez, vice minister of Mexican agriculture, speaking at a...

  • Former Anheuser-Busch CEO appeared 'too intoxicated to take off' in helicopter

    Former Anheuser-Busch CEO August Busch IV appeared "too intoxicated to take off" hours after a helicopter landed in an office park near St. Louis, police said Tuesday.

  • JD Wetherspoon Chairman Tim Martin discusses second-quarter earnings and the consumer trend for premium alcohol over beer.

  • LEOGANE, Haiti— Haiti's most famous export is Barbancourt, a delicately flavored, carefully aged rum that's considered among the best in the world. Then there's its rustic cousin clairin, a drink that's much cheaper and relatively rare outside this struggling Caribbean country. It's produced at hundreds of small distilleries scattered across Haiti.

  • ST. LOUIS— Former Anheuser-Busch CEO August Busch IV is under investigation after appearing "too intoxicated to take off" hours after a helicopter landed in an office park near St. Louis, police said Tuesday. St. Clair County State's Attorney Brendan Kelly said his office is awaiting toxicology results before deciding whether to file charges.

  • Soda is the new cigarette: Cowen's Vivien Azer

    Vivien Azer, senior research analyst at Cowen, and Nik Modi, managing director at RBC Capital Markets, discuss how to play soda stocks.

  • *Adj. profit of $1.44/ shr vs. est. July 11- PepsiCo Inc's second-quarter profit topped estimates, as the company sold more higher-margin healthier foods such as baked chips and raised prices on its drinks in North America. Poppables cost more as well: a 5- ounce pack sells for $2.48 on Walmart.com versus a 10- ounce pack of Lay's Classic chips that sells for $2.50.

  • Free Slurpees mark 7-Eleven's 90th birthday on July 11, or 7/11.

  • *Adj. profit of $1.44/ shr vs. est. July 11- PepsiCo Inc's second-quarter profit beat estimates as the company's strategy of increasing prices of sodas and snack foods in North America paid off. Sales in its North America beverage unit, PepsiCo's largest, rose 2 percent in the quarter ended June 17, the company said on Tuesday.

  • Drinking coffee could actually lead to a longer life, studies say

    Drinking coffee could reduce chances of dying from a host of diseases, including heart disease and stroke, according to two studies.

  • PepsiCo CFO: Our innovation is working well and driving growth

    Hugh Johnson, Pepsico CFO and vice chairman, talks about the company's second quarter results which beat on the top and bottom line.

  • Coffee drinking could lead to longer life, studies say

    Drinking coffee could reduce chances of dying from a host of diseases, including heart disease and stroke, according to two studies.

  • July 11- PepsiCo Inc's quarterly profit beat estimates as higher pricing of sodas and snack foods in North America paid off and as the company sold its minority stake in British bottler Britvic Plc.. PepsiCo said on Tuesday that sales in its North America beverage unit, the company's largest, rose 2 percent to $5.24 billion in the second quarter ended June 17.

  • PepsiCo beat driven by snacks: UBS's Stephen Powers

    They are managing snacks and beverages together for the first time, says Stephen Powers, UBS analyst, breaking down PepsiCo's quarterly numbers which beat on the top and bottom line.