AMSTERDAM— Heineken NV says it has returned to growth in its crucial Western Europe market in the first quarter, after a long period of stagnation. Net profit was 143 million euros, against 227 million euros a year ago. Heineken said that like-for-like sales in Western Europe, where it is the largest brewer, were up 1.8 percent to 1.51 billion euros.» Read More
NEW YORK— Dr Pepper Snapple on Wednesday reported a higher first-quarter profit that beat Wall Street expectations, as reduced costs offset weak sales growth. The company, which sells Sunkist, 7 Up, Hawaiian Punch and other drinks in North America and the Caribbean, said lower costs for ingredients and productivity improvements helped boost operating profit.
WASHINGTON— Count Supreme Court Justice Anthony Kennedy among consumers who feel misled by a beverage called "Pomegranate Blueberry Flavored Blend of 5 Juices."
OAK BROOK, Ill.— TreeHouse Foods is buying private label food and beverage company Protenergy Natural Foods for 170 million Canadian dollars. TreeHouse Foods Inc. is buying Protenergy from Whitecastle Investments Ltd., Whitecap Venture Partners and others.
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.
Coffee for July delivery jumped 15.25 cents, or 8.1 percent, to $2.04 per pound. Brazil is the world's largest coffee producer, accounting for about a third of global production, according to the International Coffee Organization. Coffee in Brazil isn't harvested until June.
WASHINGTON— National Association of Realtors releases existing home sales for March, 10 a.m.. WASHINGTON— Commerce Department releases new home sales for March, 10 a.m..
April 17- Cereal maker Post Holdings Inc said it will buy egg and dairy producer and distributor Michael Foods Inc for $2.45 billion in its largest-ever deal.
*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.