Food and Beverage Beverages

  • *Q2 China bottling operations weak, juice sales hurt. July 27- Coca-Cola Co reported lower-than-expected quarterly revenue as higher sales in North America failed to make up for weakness in many of the company's emerging and developing markets, including China and Argentina. "Strong performance in some of our largest and most developed markets, including the...

  • "Strong performance in some of our largest and most developed markets, including the United States, Mexico and Japan, was offset by difficult external conditions in many of our emerging and developing markets, including China and Argentina," Chief Executive Muhtar Kent said in a statement. However, net income attributable to shareholders rose to $3.45 billion,...

  • Coke reports mixed quarter

    CNBC's Sara Eisen breaks down Coca-Cola's quarterly numbers.

  • Russian River Brewing Company bartender pours a glass of the newly released Pliny the Younger triple IPA beer in Santa Rosa, California.

    While craft remains one of the bright spots in the U.S. beer business, the double-digit momentum from previous years is gone.

  • Adds details, closing prices) Adds details, updates prices). LONDON, July 26 (Reuters)- Gains in major healthcare and consumer goods stocks propped up European equities on Tuesday, partly offsetting persistent concerns over the region's banking system. Berkeley Futures associate director Richard Griffiths said those stocks were benefiting from being...

  • BRUSSELS/ LONDON, July 26- Anheuser-Busch InBev raised its $100 billion- plus bid for rival brewer SABMiller on Tuesday in an attempt to quash investor dissent over an offer made less attractive by a post Brexit vote fall in the pound. The change comes after a number of activist investors, such as Elliott Capital Advisors and TCI Fund Management, bought stakes in...

  • Adds details, closing prices) Adds details, updates prices). MILAN/ LONDON, July 26 (Reuters)- Gains in major healthcare and consumer goods stocks propped up European equities on Tuesday, offsetting persistent concerns over the region's banking system. Berkeley Futures associate director Richard Griffiths said those stocks were benefiting from being...

  • New dress code for Starbucks baristas

    The coffee chain says employees now have more leeway to choose what goes under the green apron.

  • Anheuser-Busch sweetens offer to buy rival SABMiller

    The brewer raised its offer due to the sharp fall in the sterling following the UK's vote to leave the European Union.

  • Stocks to Watch: July 26, 2016

    Verizon, Anheuser-Busch and Gilead Sciences are making headlines this morning before the opening bell.

  • *Share-and-cash alternative up by 88 pence. LONDON/ BRUSSELS, July 26- Anheuser-Busch InBev raised its $100 billion- plus bid for rival brewer SABMiller on Tuesday after a slide in the value of the pound following the Brexit vote made the offer less attractive for many investors, threatening to derail the deal. It also tweaked the terms of an alternative...

  • *Share-and-cash alternative up by 88 pence. LONDON/ BRUSSELS, July 26- Anheuser-Busch InBev raised its $100 billion- plus bid for rival brewer SABMiller on Tuesday after a slide in the value of the pound following the Brexit vote made the offer less attractive for many investors, threatening to derail the deal. It has also tweaked the terms of an alternative...

  • Heineken Light bottles.

    It's been one year since Ronald den Elzen took the top spot at Heineken USA, and the CEO explains why "small exceptions" matter.

  • Stocks to Watch: July 22, 2016

    American Airlines, GE and Starbucks are making headlines this Friday morning to wrap up another busy week of earnings.

  • *SABMiller awaiting China preconditions before scrutinising terms. LONDON, July 21- The chairman of SABMiller said the brewer would consider the attractiveness of a $107 billion offer by Anheuser Busch InBev after the merger had undergone the regulatory process. At the company's annual general meeting on Thursday, Chairman Jan du Plessis said the board...

  • *SABMiller awaiting China preconditions before scrutinizing terms. LONDON, July 21- The chairman of SABMiller said the brewer would consider the attractiveness of a $107 billion offer by Anheuser Busch InBev after the merger had undergone the regulatory process. At the company's annual general meeting on Thursday, Chairman Jan du Plessis said the board...

  • NEW YORK, July 21- Brewers Anheuser-Busch InBev and SABMiller received U.S. antitrust approval for their $107 billion merger on Wednesday, bringing the largest-ever consumer products deal a big step closer to completion. The deal has already been cleared by Australia, Europe and South Africa, and AB InBev said it still expects closure this year.

  • LONDON, July 21- Brewer SABMiller, in the process of being bought by Anheuser-Busch InBev, reported lower quarterly revenue on Thursday, hurt by tough conditions in some African markets. Excluding the impact of acquisitions, disposals and currency fluctuations, revenue rose 2 percent as gains in Europe, South Africa and Latin America offset more challenging...

  • NEW YORK, July 20- Anheuser-Busch InBev and SABMiller received approval for their $107 billion merger from U.S. antitrust regulators on Wednesday after the companies agreed to unload beer assets and preserve competition from independent craft brewers. The Belgian brewer will make concessions beyond its publicly stated offer to sell it stake in...

  • NEW YORK, July 20- U.S. antitrust regulators approved on Wednesday a $107 billion deal to combine the world's top two brewers, Anheuser-Busch InBev and SABMiller, after securing an agreement from the companies to unload U.S. beer assets and preserve competition from independent craft brewers. "The remedy we secured will help preserve and promote competition in...