Soft Drinks
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NEW YORK-- SodaStream's first-quarter net income climbed 20 percent as usage of its carbonated beverage machines continued to grow in the U.S. SodaStream earned $12.1 million, or 57 cents per share, for the three months ended March 31. Revenue increased 34 percent to $117.6 million from $87.9 million, benefiting from strength in the Americas and Western Europe.
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LONDON, May 2- JP Morgan and Greenhill. have been appointed to advise GlaxoSmithKline on the sale of its soft drinks brands Lucozade and Ribena, which analysts believe will fetch more than 1 billion pounds.
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*Announces U.K. reporting segment's planned acquisition of calypso soft drinks.
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*Gold prices rebound after selloff. NEW YORK, April 16- U.S. stocks rose on Tuesday after the worst decline since November in the prior session as gold's price made a modest recovery and government data on inflation and housing signaled an improving economy.
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*Gold prices rebound after selloff. *Goldman Sachs, Coca-Cola higher after earnings. NEW YORK, April 16- U.S. stocks were poised for a strong open on Tuesday, indicating the S&P 500 will rebound from its worst decline since November, after gold made a modest recovery and data on U.S. inflation and new-home construction pointed to an improving economy.
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*Gold prices rebound after selloff. *Goldman Sachs, Coca-Cola higher after earnings. NEW YORK, April 16- U.S. stock index futures rose on Tuesday, indicating the S&P 500 may rebound from its worst decline since November, as gold prices bounced and healthcare company Johnson& Johnson was among companies reporting stronger-than-expected earnings.
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NEW YORK, March 11- New York City's ban on large sugary drinks from restaurants, movie theaters and other establishments was invalidated on Monday by a state judge as "arbitrary and capricious," a day before it was to take effect. The 11- hour decision was a blow to New York City Mayor Michael Bloomberg, whose top lawyer quickly vowed to appeal.
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The day after PepsiCo bottling deal in Thailand expired, its partner of 59 years launched its own soft drink.
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*Expects 2013 earnings/share between $3.04 and $3.12. Feb 13- Dr Pepper Snapple Group Inc forecast profit for the current year below analysts' estimates as the soft drink maker expects raw material costs to continue to constrain earnings.
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Feb 12- Coca-Cola Co reported higher quarterly earnings on Tuesday as sales rose in North America and abroad. The world's largest soft drink maker, with brands such as Sprite, Fanta and Minute Maid, said net income was $1.87 billion, or 41 cents per share, in the fourth quarter, up from $1.66 billion, or 36 cents per share, a year earlier.
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A teaser for Mercedes-Benz showcasing a supermodel's body has already drawn the ire of some media watchdogs.
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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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Jan 14- Coca-Cola Co will air a two-minute commercial on U.S. cable television on Monday that highlights its efforts in fighting obesity, as the soft drink industry faces increasing pressure from local governments and critics.
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Jan 14- Coca-Cola Co will air a two-minute commercial on a U.S. cable television news show on Monday that highlights its efforts in fighting obesity, as the soft drink industry faces increasing pressure from local governments and critics.
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TOKYO, Dec 12- Suntory Holdings Ltd plans to raise up to $6 billion in an initial public offering of its food and non-alcoholic beverage unit, sources with knowledge of the matter said, as the Japanese group aims to expand overseas.