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  • Guinness fans may be surprised by its new offering Wednesday, 22 Oct 2014 | 5:19 PM ET
    Guinness 1759 Limited Edition Amber Ale

    Guinness plans to offer a series of limited-edition, luxury beers. Would you pay $35 for a bottle?

  • Societe Generale downgrades Coke     Wednesday, 22 Oct 2014 | 12:33 PM ET

    Soc Gen has downgraded Coca-Cola to a sell rating. FMHR traders Pete Najarian and Mike Murphy, take their positions.

  • BUSINESS-NEWS-SCHEDULE AT 1230 GMT / 8.30 AM ET Wednesday, 22 Oct 2014 | 9:05 AM ET

    LONDON- European shares slip and the euro hit a one-week low as reports that at least 11 banks could fail a region-wide financial health check this weekend offset hopes of corporate bond buying by the ECB. MADRID/ VIENNA- The European Central Bank cautions against speculation over the outcome of its stress tests after a media report says at least 11 banks have...

  • *ABB, Husqvarna rally after positive results. The STOXX Europe 600 euro zone bank index recovered to trade just 0.2 percent lower, however, with Spain's economy minister saying he was confident Spanish lenders would do well in the European Central Bank's checks, and Austria's Erste Bank denying it was among those that had failed the test. Erste Bank was down 1.6...

  • Coca-Cola and Apple are big market movers Tuesday, 21 Oct 2014 | 4:50 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:. The Coca-Cola Co., down $2.61 to $40.68. Chipotle Mexican Grill Inc., down $45.48 to $607.55.

  • Oct 21- Coca-Cola Co on Tuesday announced new cost-cutting measures and a timeline for selling its bottling operations after its quarterly profit slumped 14 percent and the world's largest beverage maker struggles to find growth amid a soft market for soda. Coke also said that it was targeting $3 billion in cost savings by 2019, up from its announcement in...

  • Coke's long road to profits     Tuesday, 21 Oct 2014 | 10:31 AM ET

    Discussing Coca-Cola's disappointing earnings and revenue miss, with Caroline Levy, CLSA beverage analyst.

  • Kentucky bourbon makes its mark on state's economy Tuesday, 21 Oct 2014 | 10:01 AM ET

    LOUISVILLE, Ky.— Kentucky's bourbon industry is making a bigger splash in the state's economy, nearly doubling its workforce in two years and leading a $3 billion distilling sector, a study said Tuesday. By 2014, the number of licensed distilling companies tripled in two years from 10 to 31— the most distilleries in Kentucky since Prohibition ended, according to...

  • Cramer: Coke not well run company     Tuesday, 21 Oct 2014 | 9:01 AM ET

    CNBC's Jim Cramer breaks down Coca-Cola's Q3 earnings. Cramer says he's tired of Coke's excuses and it is a poorly run company.

  • 'Drought' beer: California breweries hit dry times Tuesday, 21 Oct 2014 | 8:40 AM ET

    "Beer has to have water," says the manager of one brewery, who noted that a typical can of beer is 92 percent water.

  • 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...

  • Coke to slash costs as soda sales remain flat Tuesday, 21 Oct 2014 | 7:51 AM ET

    As sales of their drinks have slowed, Coca-Cola and rival PepsiCo have both sought to improve their financial performance by trimming costs. Earlier this month, PepsiCo said soda volume for the region fell 1.5 percent for the quarter, while non-carbonated drinks rose slightly. Although Coca-Cola and PepsiCo sell a variety of other drinks, both are trying to...

  • Artisanal ciders give growers a new revenue stream Thursday, 16 Oct 2014 | 2:01 AM ET

    "We're planting a lot of new trees so we can meet the demand for cider," said Dan Wilson, owner of Hicks Orchard and Slyboro Ciderhouse on the Vermont border in Granville. Slyboro is among 10 craft producers who banded together to form the Hudson Valley Cider Alliance to establish hard cider and apple spirits as signature products of the region.

  • Business events scheduled for Thursday Wednesday, 15 Oct 2014 | 1:49 PM ET

    WASHINGTON— Labor Department releases weekly jobless claims, 8:30 a.m.. WASHINGTON— Freddie Mac, the mortgage company, releases weekly mortgage rates, 10 a.m.. WASHINGTON— National Association of Home Builders releases housing market index for October, 10 a.m..

  • NEW YORK, Oct 14- A New York state judge ruled on Tuesday that 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. Driscoll's ruling followed a nonjury trial and six years of litigation between Ferolito and Vultaggio, onetime friends from Brooklyn who launched...

  • 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...