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  • NEW YORK, Oct 14- A New York state judge ruled on Tuesday the privately held producer of AriZona iced tea should pay about $1 billion to buy out the half of the beverage maker owned by the co-founder and his son. Nassau County Supreme Court Justice Timothy Driscoll arrived at the amount the company must pay John Ferolito and a trust set up for his son after...

  • *Company cites poor summer weather in China. LONDON, Oct 14- Poor summer weather in China hit SABMiller's lager sales in the second quarter, though higher prices and a jump in soft drink sales helped boost revenues at the world's second biggest beer maker. Soft drinks account for 20 percent of SABMiller's sales volumes, but are far less profitable than beer.

  • CORRECTION: Dogfish Head CEO story Monday, 13 Oct 2014 | 11:44 AM ET

    MILTON, Del.— In a story Oct. 9 about Dogfish Head Craft Brewery naming a chief executive officer, The Associated Press, relying on a member story, reported erroneously that founder Sam Calagione had stepped down as CEO of the brewery. MILTON, Del.— Delaware's Dogfish Head Craft Brewery has named a chief executive officer for the first time. Nick Benz was promoted to CEO...

  • DUBAI, Oct 13- Most major stock markets in the Middle East rebounded on Monday, led by bourses in Dubai and Saudi Arabia, as global equities stabilised and several companies in the region reported strong quarterly earnings. The main indexes in Dubai and Saudi Arabia plunged 6.5 percent. But although Dubai tumbled as much as 2.7 percent early on Monday, it closed 1.9...

  • *Saudi Arabia reopens after week-long holiday. DUBAI, Oct 12- Stock markets across the Middle East tumbled on Sunday, led by Dubai and Saudi Arabia where the main indexes sank 6.5 percent, as declines on global bourses and falling oil prices sparked a broad sell-off in the region. Global markets took a big hit on Friday as investors fled to the safety of government...

  • US STOCKS-Coca-Cola stays bubbly amid market rout Friday, 10 Oct 2014 | 12:08 PM ET

    NEW YORK, Oct 10- U.S. stocks were mostly lower on Friday, but consumer staples rose amid the market uncertainty, with beverage giant Coca-Cola Co again lifting the sector. "Investors are seeking to get more defensive, and that means buying high-quality names like Coca-Cola," said David Carter, chief investment officer at Lenox Wealth Advisors in New York.

  • Business Highlights Thursday, 9 Oct 2014 | 6:11 PM ET

    NEW YORK— The stock market had its worst day of the year Thursday, just 24 hours after recording its best. WASHINGTON— Though braced by a resurgent United States, the global economy is under threat from other regions— from Europe and Latin America to China and Japan— where growth is stalling and prospects remain dim. That's the bleak picture facing global finance...

  • NEW YORK, Oct 9- PepsiCo Inc raised its full-year earnings forecast and said snack sales helped its quarterly profit beat expectations, sending its shares up more than 1 percent in morning trading on Thursday. PepsiCo contended its current strategy was working and that it has exceeded analysts' estimates for earnings per share for 11 quarters in a row.

  • Behind PepsiCo's pop     Thursday, 9 Oct 2014 | 10:35 AM ET

    Discussing PepsiCo's earnings and margin expansion, with John Faucher, JPMorgan senior analyst.

  • Stone Brewing Co. to build Virginia facility Thursday, 9 Oct 2014 | 10:23 AM ET

    RICHMOND, Va.— Stone Brewing Co., one of the nation's top 10 craft breweries, is tapping Virginia for its East Coast operations. The facility southeast of downtown Richmond will include a bistro, gardens and a company store similar to its California facility and its recently announced brewery in Berlin. With a wide variety of beers including Levitation Ale,...

  • Mexico's junk food taxes hitting Pepsi, Coke Thursday, 9 Oct 2014 | 9:17 AM ET

    PepsiCo reported a higher quarterly profit Thursday as global sales rose, but one weak spot was Mexico. Recent declines suffered by Pepsi and Coke in Mexico underscore why the beverage industry is fighting tax proposals on sugary drinks in in San Francisco and nearby Berkeley. Hugh Johnston, chief financial officer for PepsiCo, said in a phone interview that...

  • NEW YORK, Oct 9- PepsiCo Inc raised its full-year earnings forecast and said snack sales helped its quarterly profit beat expectations, sending its shares up more than 1 percent in premarket trading. PepsiCo, which sells Frito-Lay snacks as well as beverage brands like Mountain Dew and Tropicana, said it earned a net income of $2 billion, or $1.32 a share, in the...

  • NEW YORK, Oct 9- Alcoa Inc and PepsiCo Inc were among Thursday's biggest premarket movers, with both rallying on strong results. Aluminum maker Alcoa jumped 1.6 percent to $16.32, a day after its third-quarter earnings beat expectations on higher aluminum prices and lower costs. The results contributed to a positive tone on Wall Street as Alcoa was one of the...

  • NEW YORK, Oct 9- PepsiCo Inc raised its full-year earnings per share guidance and said that its quarterly profit increased as the company's snack sales rose. The company, which sells Frito-Lay snacks as well as beverage brands like Mountain Dew and Tropicana, said that net income was $2 billion, or $1.32 a share, in the third quarter ended Sept. 6, up from $1.9 billion,...

  • NEW YORK, Oct 8- PepsiCo Inc said on Thursday that it was raising its full-year earnings per share guidance as its quarterly profit rose on strong snack sales. The company, which sells Frito-Lay snacks as well as beverage brands like Mountain Dew and Tropicana, said that net income was $2 billion, or $1.32 a share, in the third quarter ended Sept. 6, up from $1.9 billion,...

  • PepsiCo raises full-year forecast     Thursday, 9 Oct 2014 | 7:01 AM ET

    Beverage and snack maker PepsiCo reported quarterly profit of $1.36 per share on a revenue beat of $17.22 billion, with CNBC's Becky Quick.

  • Check this out: Red Bull may owe you money     Thursday, 9 Oct 2014 | 6:34 AM ET

    If you bought a Red Bull in the last 12 years, you could be owed $10, reports CNBC's Joe Kernen.

  • Analyst likes both Coke & PepsiCo     Wednesday, 8 Oct 2014 | 8:35 AM ET

    Discussing the best bets in the beverage sector, with William Schmitz, Deutsche Bank equity analyst.

  • Soda stocks popping     Wednesday, 8 Oct 2014 | 8:33 AM ET

    CNBC's Dominic Chu reports the beverage industry group within the S&P 500 is the single best industry group this past month.

  • The stevia soda wars     Wednesday, 8 Oct 2014 | 6:48 AM ET

    What is stevia, and is it safe as a sweetening ingredient? Paddy Spence, Zevia CEO, discusses the market for zero calorie naturally sweetened drinks versus diet soda.