Guinness plans to offer a series of limited-edition, luxury beers. Would you pay $35 for a bottle?» Read More
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,...
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.
If you bought a Red Bull in the last 12 years, you could be owed $10, reports CNBC's Joe Kernen.
Discussing the best bets in the beverage sector, with William Schmitz, Deutsche Bank equity analyst.
CNBC's Dominic Chu reports the beverage industry group within the S&P 500 is the single best industry group this past month.
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.
NEW YORK, Oct 7- U.S. stocks ended sharply lower on Tuesday, with major indexes falling 1 percent in heavy trading, as weak data out of Germany raised concerns about the strength of global growth ahead of the start of earnings season. Joy Global Inc fell 4.2 percent to $51.69 while Caterpillar Inc lost 3.4 percent to $94.70 as the biggest decliner on the Dow.
NEW YORK, Oct 7- Shares of Coca-Cola Co rose to their highest level since 1998 on Tuesday, bucking the downward trend of the broader market. The beverage giant rose 0.7 percent to $43.90, moving within a dollar of its all-time intraday high of $44.44, hit on July 15, 1998. In a sign of the market's recent weakness, there has not been a day when the number of highs on the NYSE...
Beyond bartenders, we need to build a culture of responsible drinking, says Anheuser-Busch InBev CEO Carlos Brito.
Oct 2- Constellation Brands Inc on Thursday said that it was expanding capacity at its brewery in Mexico to increase its share of the market for import beers in the United States. The company will acquire from Anheuser-Busch InBev. a glass production plant in Nava, Mexico for $300 million, pending approval from regulators. Last year, as part of ABInBev's...
The company, which sells Corona and Modelo beer in the United States, said net income fell to $196 million, or 98 cents per share, in the second quarter ended Aug. 31 from $1.5 billion, or $7.74 per share, a year earlier. The year-earlier quarter included a $1.6 billion non-cash gain from the acquisition of Grupo Modelo's U.S. beer business from Anheuser-Busch InBev.
Net income was $196 million, or 98 cents per share, for the second quarter ended Aug. 31, down from $1.5 billion, or $7.74 per share, a year earlier. The year-earlier quarter included a $1.6 billion non-cash gain from the acquisition of Grupo Modelo's U.S. beer business from Anheuser-Busch InBev. It said it would acquire a glass plant and associated warehouse, land and...
NEW YORK, Oct 1- PepsiCo Inc for the first time is introducing a product exclusively through Amazon.com Inc as the snack and soft drink maker aims to expand its footprint in e-commerce. The product, a naturally sweetened soda called Pepsi True, will be available on Amazon in mid-October in 24- packs of 7.5- ounce cans, the company said.
PepsiCo is launching a new cola under its brand. CNBC's Sara Eisen reports the drink has stevia and real sugar.
Coca-Cola adopted new guidelines for its 2014 equity plan, the beverage giant announced on Wednesday, in an effort to incentivize performance.
Club Coffee is seeking $600 million in damages and said Keurig was spreading "baseless and disparaging lies" about competitors' coffee pods to mislead consumers and coerce third parties into exclusive agreements. Club Coffee said it made coffee pods for Keurig brewers and sold them at lower prices than Keurig's own K-Cup packs.
NEW YORK, Oct 1- For the first time in three years, Daniel Streetman is buying coffee beans in bulk from Colombia, exploiting low comparative prices and reflecting new flexibility by U.S. roasters who had become over reliant on a single country for premium arabica. Instead he bought more from El Salvador, Guatemala and Honduras.
Dunkin' Brands chairman and CEO Nigel Travis, explains why the Tim Horton's - Burger King merger is an opportunity for Dunkin', and shares his view of minimum wage.