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.» Read More
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.
April 23- Shares in SodaStream International Ltd rose as much as 17 percent on Wednesday after the Israeli business newspaper Globes said Starbucks Corp was in advanced talks to buy 10 percent of the home soft drink maker, citing sources. Representatives for both SodaStream and Starbucks declined to comment.
Shares of Sodastream rose as much as 12 percent after Calcalist identified PepsiCo, Dr Pepper or Starbucks as the potential investors in the firm.
SACRAMENTO, Calif., April 9- A California bill to require sugary soft drinks to carry labels warning of obesity, diabetes and tooth decay passed its first legislative hurdle on Wednesday, the latest move by lawmakers nationwide aimed at persuading people to drink less soda pop.
NEW YORK, March 31- Americans cut back on drinking carbonated soft drinks again last year with soda sales reaching their lowest levels in nearly two decades, according to a leading beverage industry newsletter. Soda sales in the United States grew throughout most of the 1990 s, before beginning to slow in 1999. Sales have been in decline since 2005..
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.
Boston Beer (the Sam Adams brand) is up over 270% over the past three months, with Caroline Levy, CLSA U.S. Beverage & Household Products analyst.
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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.