Stephen Powers, UBS analyst, breaks down Coca-Cola's quarterly numbers and shares his thoughts on growing the brand abroad.» Read More
*Best Buy's shares were down 8 percent to $28.82 in premarket trading, while J M Smucker was untraded after both reported results. *Dow component UnitedHealth's shares were down 3.8 percent to $112.80 in premarket trading after the health insurer cut its full-year profit forecast. Peers Humana fell 1.2 percent, while Cigna was down half a percent.
Check out the companies making headlines after the bell Wednesday: Keurig, Allergan, Salesforce & more.
Nov 18- Keurig Green Mountain Inc, the maker of K-Cup single-serve coffee pods, posted a drop in net income for the fiscal fourth quarter, but topped earnings per share and revenue estimates, sending shares up 20 percent as the company has sought to cut costs and rebound from recent sales declines of its pods and brewers. Net income attributable to Keurig fell to...
The brand known for its coffee makers posted EPS of 85 cents per share, versus 70 cent estimates.
Nov 18- Keurig Green Mountain Inc, the maker of K-Cup single-serve coffee pods, reported a 13 percent fall in quarterly sales as a strong dollar weighed on sales of its brewing machines. Net income attributable to Keurig fell to $94.6 million, or 61 cents a share, in the fourth quarter ended Sept. 26 from $141.1 million, or 86 cents a share, a year earlier.
U.S. stock index futures pointed to a higher open ahead of the release of the minutes from the Fed's last meeting.
U.S. stock futures were higher this morning, despite European equities being under pressure on security concerns after Friday's attacks in Paris.
Oil once more has the stock market over a barrel, and it will likely be a major focus for markets in the week ahead.
The "Halftime Report" traders give their trades for the second half.
Some of the names on the move ahead of the open.
With a week to go in October, Wall Street has, thus far, had its best month in four years. This week's big drivers include the Fed's two-day meeting and the continued flood of profit reports.
NEW YORK, Oct 26- Keurig Green Mountain Inc plans to import coffee beans into the United States through duty-free sites, an unprecedented move in the coffee industry as the single-serve company aims to cut costs amid falling sales of its pods and brewers. The plan is the latest move by the company to overhaul its coffee-buying strategy after it moved its coffee...
Coke reported quarterly earnings that beat Wall Street estimates but revenue was down due to a stronger dollar.
PepsiCo and Coca-Cola are in talks to invest in Chobani, in a deal that the Greek yogurt maker hopes could value it at as much $3 billion.
The single-serve coffee business shows at-home carbonated device sales could boom as competition ramps up, Sodastream CEO Daniel Birnbaum said.
Will cold drinks save a once-hot stock?
U.S. stock futures were higher this morning, despite a 4 percent decline in Japanese stocks and a 2 percent drop for China shares. The Dow lost 312 points Monday.
NEW YORK, Sept 28- A new countertop device by Keurig Green Mountain Inc will drive long-term growth for the company following recent sales declines in its core business of single-serve coffee pods and brewers, the company's chief executive officer said in an interview on Monday. Analysts have cited a high price of $299 to $369 per unit, a slower than anticipated...
Sept 11- PepsiCo Inc said it would offer caps filled with Pepsi and Sierra Mist drink mixes for at-home soda machines made by SodaStream International Ltd on more platforms as it tests the homemade beverages market for its products. PepsiCo said the caps would be made available on SodaStream's website and in about 50 Bed Bath& Beyond Inc stores in the United...
Sept 11- PepsiCo Inc said it will expand its partnership with at-home soda machine maker SodaStream International Ltd to offer caps filled with Pepsi and Sierra Mist to flavor water carbonated by SodaStream machines. SodaStream's shares jumped as much as 8.8 percent to $16.13 in morning trading on Friday after the Wall Street Journal reported the...