BROOMFIELD, Colo.-- The WhiteWave Foods Co. said Friday that it filed plans for a secondary offering of 29.9 million shares of its stock currently held by one-time parent company Dean Foods Co. The company has granted the option to underwriters to buy an additional 4.5 million shares of stock.» Read More
CNBC reports on China's recognition of Champagne as a brand, thus limiting the use of the name by copycats.
Pat McGauley, Budweiser VP of Innovation, offers insight on the buzz around his company's home draft beer device.
STOCKHOLM, May 23- Norway's Orkla, Danish brewer Royal Unibrew and private equity firm Nordic Capital have proceeded to the second round of bidding for Heineken's Finnish division Hartwall, three people familiar with the matter said.
EPS 238.7 U.S. cents vs 239 Thomson Reuters forecast. *Main growth in Latin America, Africa. BRUSSELS, May 23- SABMiller, the world's second-biggest brewer, forecast margin expansion in the year ahead after profit grew in line with expectations thanks to a surge in earnings in Latin America and Africa.
Alan Clarke, CEO of SABMiller, comments on full-year earnings and says that most markets are growing except the U.S. core market which remains under pressure.
LONDON, May 22- Arabica coffee futures on ICE set contract lows on Wednesday as the market extended recent losses linked to ample supplies and a favourable outlook for the crop in top producer Brazil. July arabica coffee on ICE stood 0.55 cent or 0.4 percent weaker at $1.3215 per lb at 1111 GMT after setting a contract low of $1.3205.
May 20- Campbell Soup Co reported higher-than-expected quarterly earnings and raised its full-year forecast on Monday on improved sales, sending its shares up 2.5 percent in premarket trading.
Forget the dotcom bubble; Krispy Kreme created a donut bubble a decade ago, reports CNBC's Jane Wells.
"You want to be in sectors that sell to the people who benefit from wage inflation: consumers," said John Lomax, head of emerging equity strategy at HSBC. Russian supermarket chain Magnit saw profits jump 28 percent in the first quarter and its shares have returned 190 percent since April 2010, according to Morgan Stanley.
Burger King unveils its new summer menu and takes aim at one of McDonald's most improbable but popular offerings, reports CNBC's Jane Wells.
Tito's Handmade Vodka just became the exclusive supplier to United Airlines. Bert "Tito" Beveridge, Tito's Handmade Vodka founder, weighs in.
Sales of hard cider are up 100 percent year-over-year. Joe Heron, Crispin Cider CEO & founder, weighs in.
May 9- A small-batch vodka made in Austin, Texas, has found its way onto one of the world's biggest airlines. Tito's Handmade Vodka, created by geologist and geophysicist Bert "Tito" Beveridge, is now the exclusive vodka supplier to United Airlines, the companies are set to announce on Friday.
CNBC's Herb Greenberg sheds light on Green Mountain Coffee and Monster Energy drinks.
Jim Cramer explains why he believes Monster Beverage is on "decline."
LONDON/ HANOI, May 9- Some local dealers are using a tax dodge to buy up much of the coffee in Vietnam, the world's top producer of the robusta variety used for instant coffee, slashing the market share of international traders.
*First-quarter profit $0.37/ share vs $0.41 year ago. May 8- Energy drinks maker Monster Beverage Corp's sales missed analysts' estimates as the industry took a hit from concerns over the health risks of such drinks, sending its shares down 16 percent after the bell. FDA is investigating reports of five deaths that may be associated with Monster's energy drink.
*First-quarter profit $0.37/ share vs $0.41 year ago. May 8- Monster Beverage Corp reported a 17 percent fall in quarterly profit due to higher operating expenses and costs related to distributor terminations and foreign currency transactions.
May 8- Energy drink maker Monster Beverage Corp reported a 17 percent fall in quarterly profit as it was hurt by costs related to distributor terminations and foreign currency transactions. The company, formerly known as Hansen Natural, earned $63.5 million, or 37 cents per share, in the first-quarter, down from $76.1 million, or 41 cents per share, a year earlier.
Starbucks CEO Howard Schultz and Green Mountain CEO Brian Kelley discuss their newly expanded partnership, and how it might boost shareholder value. "This is going to be a significantly lucrative financial deal for both companies," says Schultz.