The finer details of Wednesday's indictment against FIFA officials appears to implicate one U.S. household name in particular.» Read More
NEW YORK, May 28- Visa Inc's public warning to FIFA that it may end its sponsorship if world soccer's governing body does not quickly clean up its act will likely prompt other sponsors to take a tough stance as a major corruption scandal involving FIFA unfolds, brand experts said. After U.S. prosecutors indicted nine FIFA officials and five sports media and...
*Forecasts Q2 rev $270 mln- $274 mln vs est $272.4 mln. May 26 (Reuters)- Human resource software company Workday Inc forecast current-quarter billings below market expectations and reported a bigger quarterly net loss due to higher spending on marketing and product development. That number fell below market research firm FactSet StreetAccount's estimate of...
May 26- Workday Inc's quarterly net loss widened by 3.6 percent as the human resource software company spent more on marketing and product development. The company, whose rivals include SAP SE and Oracle Corp, said net loss widened to $61.6 million, or 33 cents per share in the first quarter ended April 30, from $59.4 million, or 32 cents per share, a year earlier.
May 26- Data storage products maker EMC Corp said it would buy privately held Virtustream for about $1.2 billion in cash to expand its cloud offerings. EMC has been looking to strengthen its cloud services offerings as it struggles with slowing sales growth in its main data storage products business. "With the addition of Virtustream, EMC will enable customers...
DHAKA, May 25- An IT manager at a subsidiary of Coca-Cola Co was one of two men arrested in Bangladesh on suspicion of planning to fight for Islamic State in Syria, police and company sources said on Monday. The pair were detained during a raid in the capital Dhaka on Sunday night, said Sheik Nazmul Alam, a senior official of the police detective branch.
DHAKA, May 25- One of two men arrested in Bangladesh as a suspected member of Islamic State was an IT manager at a subsidiary of Coca-Cola Co, police and company sources told Reuters on Monday.
CONCORD, N.C.— Speedway Motorsports Inc. and The Coca-Cola Co. have extended their partnership for five more years through 2020.. The announcement came Sunday, hours before the Coca-Cola 600 at Charlotte Motor Speedway. The agreement also includes retaining title sponsorship of Charlotte's Memorial Day weekend event.
SAO PAULO, May 19- Whirlpool Corp and Anheuser-Busch InBev on Tuesday started selling a countertop appliance that makes soda, juice and coffee with single-serve capsules, marking the start of a joint venture worth more than $70 million. Last year, the Coca-Cola Co invested an initial $1.25 billion in Keurig Green Mountain Inc as part of a plan to sell its soft...
Discussing the "Mad Men" series finale, Greg Smith, VIA Agency, and Phil Johnson, PJA Advertising, focus on Coca Cola's campaign strategy.
Exclusive data to CNBC from Brandwatch shows which food, restaurant, and beverage brands have the best and worst presence on social media.
May 15- Warren Buffett's Berkshire Hathaway Inc on Friday said it has boosted its holdings in some of the billionaire's favorite companies, including Wells Fargo& Co and International Business Machines Corp.. Buffett has long praised his "Big Four" stock holdings Wells Fargo, IBM, Coca-Cola Co and American Express Co, which comprise roughly 58 percent of...
Household goods are quickly stealing a march on popular brands like Coca-Cola, with Colgate being used in more than half the world’s houses - report.
Dairy Queen has announced it will remove sodas from its kids menu effective September 1 of this year.
LOS ANGELES, May 8- Starbucks Corp on Friday said it would stop sourcing water for its Ethos Water brand in California, which is in the fourth year of a serious drought that has prompted the governor to order the state's first-ever mandatory cuts in water use by 25 percent. Starbucks bought privately held Ethos Brands LLC for $8 million in April 2005.
*Profit $0.06 per share vs est. May 6- Wendy's Co, the No.3 U.S. burger chain, reported better-than-expected quarterly same-restaurant sales, helped by increased traffic to its revamped outlets, and the company said it planned to sell its bakery operations this month. Wendy's launched a program in 2012 to revamp its image, creating a new logo, renovating...
The Oracle Of Omaha had a ripple effect on Wall Street and “Mad Money” host Jim Cramer tracks it down.
Jim Cramer talks to Ali Partovi on the growing trend of organic farming and three major trends flipping the table on how the world eats.
Jim Cramer takes a look at the big four stocks from Warren Buffett's portfolio. Are they right for your portfolio?
In three hours Monday on CNBC's "Squawk Box," Warren Buffett shared his insights on a range of market and financial topics.
The CEOs of IBM, American Express, Coca-Cola, and Wells Fargo sat down together for a CNBC interview on what Warren Buffett's investment means to their companies.