Traders might want to watch stocks like Facebook or Staples that historically have big pops and drops following their earnings reports.» Read More
Oct 21- Coca-Cola Co on Tuesday announced new cost-cutting measures and a timeline for selling its bottling operations after its quarterly profit slumped 14 percent and the world's largest beverage maker struggles to find growth amid a soft market for soda. Coke also said that it was targeting $3 billion in cost savings by 2019, up from its announcement in...
As sales of their drinks have slowed, Coca-Cola and rival PepsiCo have both sought to improve their financial performance by trimming costs. Earlier this month, PepsiCo said soda volume for the region fell 1.5 percent for the quarter, while non-carbonated drinks rose slightly. Although Coca-Cola and PepsiCo sell a variety of other drinks, both are trying to...
*IBM slumps after quarterly results. NEW YORK, Oct 20- U.S. stocks were mixed on Monday, as the S&P 500 and Nasdaq advanced, but the Dow fell as quarterly results from IBM disappointed. IBM shares slumped 6.7 percent to $169.84 as the biggest drag on both the Dow and S&P 500 after the company's third-quarter earnings fell well short of Wall Street expectations.
NEW YORK/ JAYAQUE, El Salvador, Oct 10- Deer now roam and weeds flourish on deserted farmland in El Salvador where Julio Portillo used to grow arabica coffee beans until a devastating leaf rust fungus forced him to abandon coffee this year for the first time in more than two decades. Even when he struggled through low prices or bad weather in the past, the farmer who...
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.
Oct 1- Canada's Club Coffee said it was suing K-cup coffee pod maker Keurig Green Mountain Inc for engaging in anti-competitive measures to maintain a near monopoly and keep single-serve coffee prices artificially high.
Sometimes when you buy a gadget, you didn’t know how much you needed it, until after you started using it.
Analysts have high expectations for 32 companies in the S&P 500 that they say will trade at least 20 percent above their current levels.
It’s tempting to think when stocks are in rally mode, it’s a win-win for everyone. But there are some runaway winners. USA Today reports.
Take a look at some of Wednesday's midday movers:
Sept 3- Keurig Green Mountain Inc expanded its deal with Coca-Cola Co to sell the beverage company's Honest Tea pods in its Keurig hot brewing machines in North America. It will be the first Coca-Cola product to be made available in Keurig's hot brewing system, and follows the purchase by Coca-Cola of a stake in the company in February.
You can’t turn around without hearing the S&P 500 printed 2,000, again, making another record. Can stocks possibly go higher?
The stock market has been able to bounce back from every negative headline and set fresh record highs. But, some stocks have fared better than others.
NEW YORK, Aug 22- Stocks ended mostly lower on Friday as Ukraine- Russia tensions reignited and remarks from Federal Reserve Chair Janet Yellen failed to give investors any clues on interest rate hikes. He called on Russia to "stop destabilizing Ukraine.
Some of Friday's midday movers:
Aug 22- K-cup coffee pod maker Keurig Green Mountain Inc said it signed a deal to make and sell Kraft Foods Group Inc's coffee in packs compatible with its brewing machines. Shares of Keurig, in which Coca-Cola Co has a stake, rose nearly 10 percent at a record high of $128.82.
NEW YORK, Aug 15- Coca-Cola Co's $2.15 billion wager on a stake in Monster Beverage Corp highlights the growth-starved soft drink company's embrace of deals that fall short of a full-blown merger and acquisition but allow it to test-drive potentially risky targets.
The company said that its green coffee prices have jumped about 55 percent in the past year.
NEW YORK, Aug 14- Keurig Green Mountain Inc said on Thursday it will hike coffee prices by up to 9 percent in November, becoming the latest major drinks maker trying to cover soaring coffee costs.
Some of the names on the move ahead of the open.