Oct 21- Coca-Cola Co said on Tuesday that its quarterly profit fell 14 percent as sales of carbonated beverage volumes in North America declined. The world's largest beverage maker said net income for the third quarter ended Sept. 26 declined to $2.1 billion, or 48 cents a share, from $2.4 billion, or 54 cents a share, a year earlier. Excluding charges for...» Read More
MEXICO CITY/ WASHINGTON, Aug 26- The United States is set to slap import duties as high as 17 percent on Mexican sugar in a victory for the powerful U.S. sugar industry but a blow to U.S. candy and soft drink makers who face paying more for the sweetener.
MEXICO CITY/ WASHINGTON, Aug 26- The United States is set to slap import duties on Mexican sugar in a move that could push up candy and soft drink prices for U.S. consumers and incite retaliation from Mexico, which is keen to agree a deal to avoid the new levies.
MEXICO CITY, Aug 26- The United States will slap anti-subsidy import duties on Mexican sugar, sources said on Tuesday, a move that could push up candy and soft drink prices for U.S. consumers and incite retaliation from Mexico on other products. U.S. sugar producers have claimed cheap imports from Mexico are causing nearly $1 billion in damages in the local market.
NEW YORK, July 30- A Connecticut lawmaker on Wednesday launched the first national effort in years to tax soda drinks, the latest bid by regulators and politicians to stem rising obesity and diabetes rates by curbing the consumption of sugary drinks.
July 23- PepsiCo Inc reported a 2 percent fall in second-quarter profit as carbonated soft drink volumes declined 2 percent in North America. The company's net income fell to $1.98 billion, or $1.29 per share, in the 12 weeks ended June 14 from $2.01 billion, or $1.28 per share, a year earlier. Excluding items, PepsiCo earned $1.32 per share.
NEW YORK, July 21- Coca-Cola Co may have annual profits of about $9.3 billion, but that princely sum could fall short of what the world's largest soda maker needs to tempt would-be franchisees into taking over more of its regional bottling operations.
SACRAMENTO, Calif., May 23- A measure to require sugary soft drinks to carry labels warning of obesity, diabetes and tooth decay advanced in the California state legislature on Friday, the latest move by lawmakers nationwide aimed at persuading people to drink less soda.
Shares of Sodastream rose as much as 12 percent after Calcalist identified PepsiCo, Dr Pepper or Starbucks as the potential investors in the firm.
Fans of "Mexican Coke" in the US need not worry about losing the cane sugar that sweetens their favorite drink.
Alan Clarke, CEO of SABMiller, comments on full-year earnings and says that most markets are growing except the U.S. core market which remains under pressure.
Alan Lok, Director at Sabio Global says TCC will do a good job if they succeed in taking over F&N.
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Whether they think the mayor is combating obesity or infringing on their rights, New Yorkers are scheduled to have their say on a proposed ban on large sugary drinks served at restaurants, movie theaters and other eateries.
uFlavor, which sells beverages in unique flavor combinations, is perfecting a web platform that allows users to customize drinks and sell them for a profit. What's your flavor?
While some have called Coke's further investment in Zico the next step to making it the next great beverage, others say coconut water, which has been heavily marketed as nature's sports drink, might be at its peak today.
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Pepsico reports before the open Wednesday. Find out why Cramer has it on his buy list.
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Soft drinks are set to sizzle this summer as temperatures rise, according to David Silver, an equity research analyst covering companies in the beverage sector with Wall Street Strategies, and John Faucher, a senior analyst at JP Morgan covering U.S. beverage stocks.