DWORP, Belgium— The ruby lettering on the front of the old corner pub "In de Welkom" has peeled almost beyond recognition. Owner Leza Wauters, a tough 87- year-old, is holding on to her business but can't say how much longer.» Read More
*Remy Cointreau, Diageo report weak China demand. LONDON, April 17- European shares edged lower on Thursday, weighed down by weakness in luxury drinks after a crackdown on gift giving in China knocked beverage company earnings, in quiet trade ahead of a public holiday. Weakness in Asia also affected Diageo.
WASHINGTON, April 16- Justice Samuel Alito is no longer recusing himself from two upcoming U.S. Supreme Court business cases, including a challenge by broadcast networks to online TV startup Aereo Inc..
Shares of Sodastream rose as much as 12 percent after Calcalist identified PepsiCo, Dr Pepper or Starbucks as the potential investors in the firm.
April 15- Strong sales volume growth in China helped The Coca-Cola Co beat quarterly revenue estimates as lower-priced, smaller soda bottles and juices attracted more price and health-conscious shoppers in the world's second largest economy.
*Coca-Cola and Johnson& Johnson rally after results. *Tesla and Netflix slide, but Twitter jumps after deal. NEW YORK, April 15- U.S. stocks ended a volatile session higher on Tuesday, lifted by gains in such blue-chip names as Coca-Cola and Johnson& Johnson, though persistent weakness in momentum names limited the Nasdaq's advance.
NEW YORK, April 15- U.S. stocks fell on Tuesday as early gains evaporated when momentum shares once again lost ground, overshadowing a jump in Coca-Cola and Johnson& Johnson after their quarterly earnings. Tesla Motors Inc fell 5.5 percent to $187.25 and NetFlix Inc dropped 4.5 percent to $316.82 to rank among the worst performers in the Nasdaq 100 index.
NEW YORK, April 15- U.S. stocks dipped on Tuesday, as gains in Coca Cola and Johnson& Johnson after their quarterly earnings were offset by mixed economic data and a resumed slide in momentum shares.
NEW YORK, April 15- U.S. stock index futures pointed to a modestly higher open on Tuesday as earnings from Coca Cola and Johnson& Johnson helped overshadow a mixed bag of economic data.
Muhtar Kent, chairman & CEO of Coca-Cola, reaffirms the safety of aspartame and discusses the launch of stevia-sweetened Coca-Cola Life in Argentina and Chile.
*Yahoo, Morgan Stanley rise after research notes. NEW YORK, April 15- U.S. stock index futures edged up on Tuesday after earnings from Coca Cola and Johnson& Johnson and ahead of economic data including inflation and manufacturing.
Muhtar Kent, chairman & CEO of Coca-Cola, discusses his company's quarterly results. We are improving in key markets like China and Brazil, says Kent.
NEW YORK— Coca-Cola, the world's biggest beverage maker, said Tuesday that the amount of soda it sold globally fell for first time in 15 years. Gary Fayard, the company's outgoing chief financial officer, attributed the decline in sodas partly to the timing of Easter, which falls in the second quarter this year instead of the first.
April 15- Coca-Cola Co reported an 8 percent fall in quarterly net earnings after a decline in volumes in Europe and the sale of its bottling operations in Brazil. The company's net income attributable to shareholders fell to $1.62 billion, or 36 cents per share, in the first quarter ended March 28 from $1.75 billion, or 39 cents per share, a year earlier.
Bill Schmitz, Deutsche Bank Securities, dissects Coca Cola's quarterly numbers. All of the growth of the company comes internationally, says Schmitz.
*Problems in Zimbabwe, Mozambique, Zambia. LONDON, April 15- SABMiller, the world's second-largest brewer by sales, posted a modest rise in full-year lager sales volumes following troubles in a number of African markets that have been fueling growth for the past few years.
*WH Group, shareholders seeking $5.3 bln in Hong Kong IPO. HONG KONG, April 14- Two senior executives of China's biggest pork producer WH Group Ltd received a combined $600 million payout for helping the Chinese company seal last year's record $4.9 billion takeover of U.S.-based Smithfield Foods Inc, an unusually high incentive for an acquisition.
This is the ninth year for the Woodford Reserve $1,000 Mint Julep, but each time the concoction features a different Derby-related theme.
WH Group and some of its shareholders launched an up to $5.3 billion initial public offering in Hong Kong last week, the second-biggest ever listing by a food and beverage company. Yang Zhijun, an executive director in charge of investment, merger and acquisitions and financing for WH Group, was issued another 245.6 million ordinary shares.
*France looking to expand business ties to Latin America. HAVANA, April 12- France's foreign minister met with Cuban President Raul Castro on Saturday during the first visit to the island by such a high-ranking French official in 31 years and a sign of the quickening pace of improving ties between the European Union and Havana.
HAVANA, April 12- France's foreign minister arrived in Cuba on Saturday for a brief but historic visit, the first by such a high-ranking French official in 31 years and a sign of the quickening pace of improving ties between the European Union and Havana.