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  • *Qatar Islamic Bank falls despite strong results. DUBAI, Jan 19- Most Gulf equity markets pulled back on Monday as oil prices slipped again and negative fourth-quarter earnings weighed on Saudi Arabia's bourse. Saudi Arabia's main index slid 0.6 percent as petrochemicals giant Saudi Basic Industries fell 1.9 percent and Savola Group, the kingdom's biggest...

  • Jan 16- PepsiCo Inc said it had elected an adviser at Nelson Peltz's Trian Fund Management to its board, signaling a truce between the company and the activist investor following his two- year push to split the snack and beverage maker. Heinz Co, will join the board effective March 23, and he will also be included in the slate of nominees for election to the board at the...

  • Jan 16- PepsiCo Inc said it had elected William Johnson, an advisory partner at Trian Fund Management, to its board, following a recent push by Trian to split the company. Heinz Co, will join the board effective March 23, and he will also be included in the slate of nominees for election to the board at the company's 2015 annual shareholders' meeting, PepsiCo said.

  • PepsiCo elects Trian Fund's nominee to board Friday, 16 Jan 2015 | 4:40 PM ET

    Jan 16- PepsiCo Inc said it had elected William Johnson, an advisory partner at Nelson Peltz-led Trian Fund Management to its board. Nelson Peltz-led Trian Fund held 1.19 percent stake in PepsiCo as of Dec. 31, according to Thomson Reuters data. The activist investor has urged PepsiCo, known for beverages like Pepsi, Tropicana and Gatorade, to split its more...

  • Craft beer CEO sues, then says sorry  Thursday, 15 Jan 2015 | 12:00 PM ET

    Lagunitas Brewing Co. founder and CEO Tony Magee sued rival Sierra Nevada over its new IPA logo. However, backlash from customers on social media convinced him to drop the case.

  • Italy's law to reward loyal investors irks funds Thursday, 15 Jan 2015 | 8:36 AM ET

    MILAN, Jan 15- Italian companies are beginning to shed their reluctance to open their shareholder base to outsiders, coaxed by new legislation that strengthens the voting power of long-term investors. Similar multiple-vote schemes exist in France, Britain and Northern Europe. The aim is to convince family-owned firms that make up the core of Italy Inc to list...

  • Trian's Peltz escalates campaign to break up DuPont Friday, 9 Jan 2015 | 8:12 AM ET

    Activist investor Nelson Peltz stepped up his fight to break up the company, as his Trian Fund nominated himself and three other members to the board.

  • Jan 8- Activist investor Nelson Peltz, one of DuPont's largest shareholders, stepped up his fight to break up the industrial conglomerate, as his Trian Fund nominated himself and three other members to the board. Trian Fund Management L.P., which Peltz heads, said on Thursday that investment funds it manages own 24.3 million DuPont shares worth about $1.8 billion.

  • Constellation Brands lifts profit forecast Thursday, 8 Jan 2015 | 12:40 PM ET

    Constellation Brands raised its full-year earnings forecast after reporting higher-than-expected quarterly sales and profit.

  • Coca-Cola to cut up to 1,800 jobs globally Thursday, 8 Jan 2015 | 11:52 AM ET
    An attendant checks bottles on a production line at the Coca-Cola bottling plant in Nilai on the outskirts of Kuala Lumpur on November 3, 2014.

    Coca-Cola says the cuts will help "streamline and simplify our structure."

  • Constellation, whose brands include Robert Mondavi and Rex Goliath wines and Svedka vodka, said in October it was expanding capacity at its Nava brewery in Mexico. Victor, New York- based Constellation raised its adjusted profit forecast for the year ending Feb. 28 to $4.25- $4.35 per share from $4.10- $4.25 per share. Constellation's net income rose to $222...

  • Jan 8- Alcoholic beverage maker Constellation Brands Inc reported a 7 percent rise in quarterly revenue, helped by higher sales of its beer brands such as Corona and Modelo. The company's net income rose to $222 million, or $1.10 per share, in the third quarter ended Nov. 30 from $211 million, or $1.07 per share, a year earlier. Net sales rose to $1.54 billion from $1.44...

  • SYDNEY, Jan 8- Wildfires sweeping through southeast Australia are carrying with them the spectre of a silent killer for grapes growing in the nearby Adelaide Hills wine region. As fears grow that climate change is lengthening the time and severity of Australia's bushfire season, government funding to find a solution to the phenomenon is drying up.

  • Jan 7- Keurig Green Mountain Inc will sell Dr Pepper Snapple Group Inc's soda pods for its at-home cold beverage system, Keurig Cold, expected to be launched this year. The Wall Street Journal reported earlier on Wednesday that the two companies had signed a deal. Keurig signed a deal with Coca-Cola Co in September to sell the carbonated drink maker's Honest Tea...

  • Jan 7- Keurig Green Mountain Inc, maker of the K-Cup single-serve coffee pod, signed a deal with Dr Pepper Snapple Group Inc to sell capsules that make its sodas in Keurig's planned cold-drink machine, the Wall Street Journal reported. Keurig and Dr Pepper didn't disclose the financial terms for their multiyear deal, which Dr Pepper said prevents it from sharing...

  • Investment firm 3G Capital scouts new targets - WSJ Wednesday, 7 Jan 2015 | 1:53 AM ET

    Executives at the New York- based Brazilian investment firm are discussing the possibility of buying a food or beverage company such as Campbell Soup Co or even PepsiCo Inc, the newspaper reported. 3 G could collaborate with brewing company Anheuser-Busch InBev or end up taking only pieces of PepsiCo, which has a market capitalization of about $140 billion, the...

  • Bud’s Super Bowl playbook: Puppies and Pac-Man Wednesday, 7 Jan 2015 | 12:00 AM ET

    Will a lost puppy, Clydesdales and Pac-Man be the winning combination this Super Bowl? Anheuser-Busch hopes so.

  • Imported beer, sparkling wine & brown liquor hot  Wednesday, 31 Dec 2014 | 2:57 PM ET

    Constellation Brands CEO Rob Sands discusses the most popular alcoholic beverages among consumers now.

  • Can champagne sales forecast Q1?  Wednesday, 31 Dec 2014 | 2:54 PM ET

    CNBC's Courtney Reagan provides insight to data showing champagne sales are closely correlated with incomes and consumer sentiment.

  • Want the best bubbly? Check the year, not the price Tuesday, 23 Dec 2014 | 11:27 AM ET

    There's no need to spend $100 or more for a bottle of Champagne. Even a $9 bargain pick can offer value—if you don't make common serving mistakes.