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Jarden Corp

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  • The chief executive of Jarden told CNBC that second-quarter results were strong and came in above expectations, though the company's stock tumbled on a more guarded outlook.

  • Small appliances and consumer goods company Jarden said on Wednesday it would buy sports equipment maker K2 for $15.50 per K2 share in cash and stock.

  • Many of you know that I labored for a couple years to write the book, "First in Thirst: How Gatorade Turned the Science of Sweat into a Cultural Phenomenon," so I'm quite informed about the beverage industry.Yesterday, trade publication "Beverage Digest" reported that Coke was in serious talks to buy Glaceau, maker of Vitaminwater. The report isn't surprising. Coke finally knows, after being arrogant for too many years, that no matter how many Diet Cokes with vitamins they make (OK, maybe Coke Zero is a small exception), it's really all about the non-carbonated business if they care at all about growth.

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