NEW YORK-- Shares of Coca-Cola Enterprises Inc. fell Tuesday after the independent bottler warned that economic factors that have "dampened" its fiscal second-quarter expectations.
*Mondelez looking to tap premium coffee market. *Mondelez forecasts $1 bln of sales for Tassimo machine. ZURICH, June 11- Mondelez International, the world's second-biggest coffee maker, is going head to head with larger rival Nestle by launching capsules compatible with its Nespresso system to steal a share of the premium coffee market.
The maker of Remy Martin cognac and Cointreau liqueur, however, remained confident over its longer-term prospects in China and the United States, where solid demand drove an expected 12 percent rise in annual underlying profit.
BEIJING, June 9- Bruno Paumard, the cellar master at a vineyard in China, can't stop laughing while describing a bottle of supposedly French wine a friend gave him two years ago. "It's the most magnificent example of a hijacked brand of wine I've ever seen," says Paumard, who works with Chateau Hansen in China's Inner Mongolia. "
BEIJING, June 9- Bruno Paumard, the cellar master at a vineyard in China, can't stop laughing while describing a bottle of supposedly French wine a friend gave him two years ago. Liquor stores, restaurants and supermarkets in China, the world's most populous nation and fifth-largest wine consumer, wage a constant battle against fake wines.
Anheuser-Busch InBev said Friday that it completed its $4.75 billion sale of Grupo Modelo's U.S. beer business to Constellation Brands Inc.. The deal was struck to satisfy the Department of Justice's anti-competitive concerns about Anheuser-Busch InBev's larger purchase of Mexican brewer Grupo Modelo.
COLUMBIA, S.C.-- Visitors can now quaff a hefty brew while touring a brewery in South Carolina, and the people who make beer are celebrating. "It changes everything about the way we operate," said Jaime Tenny, co-owner of COAST Brewing Co. in Charleston. " That wasn't profitable, said Tenny, also president of the state Brewers Association.
HANOI, June 7- Vietnam's Intimex Group plans to expand its overseas business and hopes to list abroad, after wresting control of the country's coffee market in the past two years from foreign-invested firms.
NEW YORK-- PepsiCo is shooting down a report that the company is in talks to buy SodaStream, an Israeli company that makes at-home carbonation machines. PepsiCo Inc. spokesman Jeff Dahncke said the report in an Israeli newspaper is "completely and totally untrue."
In a step targeting southern European states such as France and Italy that back duties but largely sparing northern countries such as Germany that oppose them, Beijing launched an anti-dumping and anti-subsidy inquiry into sales of European wine.
HONG KONG, June 5- Hong Kong shares were poised to start lower on Wednesday, with Chinese food and beverage giant Tingyi Holdings, the top Hang Seng Index component, shedding 2 percent. The Hang Seng Index was set to open down 0.7 percent at 22,141.7 points.
Small bi-coastal chains Intelligentsia, Blue Bottle Coffee and Stumptown Coffee Roasters lead the so-called "third wave" or "slow coffee" movement, while industry behemoth Starbucks Corp shows off its craft roots selling limited-supply "reserve" coffees for up to $50 for a half-pound bag.
WASHINGTON, May 31- The United States on Friday blacklisted companies in Iran's petrochemical industry, sending a warning signal to its global customers and representing the latest effort by Washington to cut funds to the Islamic Republic's nuclear program.
CHENGDU, China, May 29- Chinese baijiu, a flammable, pungent white liquor averaging a 110- proof wallop, is the world's most consumed form of liquor thanks to its popularity in China, but for the first time distillers are looking to develop export markets.
*Suntory unit approved to list on Tokyo exchange on July 3. May 29- Suntory Holdings Ltd received approval to list its core food and non-alcoholic beverage unit in Tokyo, paving the way for Asia's largest initial public offering this year worth $4.4 billion.
May 29- Suntory Holdings Ltd will get the green light to list its food and non-alcoholic beverage unit in Tokyo as it prepares to raise about $5 billion in Asia's largest initial public offering this year.
The Fast Money traders share their final trades of the day.
Tuesday, 18 Jun 2013 | 5:00 PM ETAhead of the Fed meeting, the S&P 500 appears headed toward 1,687, StockMonster's Guy Adami says.
Tuesday, 18 Jun 2013 | 6:40 PM ETYou say the name of a stock, and Mad Money's Jim Cramer tells you whether to buy or sell.