U.S. stocks closed narrowly mixed as the Fed minutes mostly confirmed market expectations for a rate hike in the second half of the year.» Read More
April 23- PepsiCo Inc reported a better-than-expected quarterly profit, helped by higher demand for its Frito-Lay snacks in North America and beverages in the Americas. PepsiCo's net revenue fell 3.2 to $12.22 billion in the first quarter, for the first time in four quarters. The dollar which has surged about 8.5 percent against a basket of major currencies...
PepsiCo delivered quarterly earnings that topped analysts' expectations on Thursday.
“Mad Money” host Jim Cramer declares the search is over for the best online stock.
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LOS ANGELES, April 22- As McDonald's Corp prepares yet another plan to revive its business, company watchers have the following advice: reconnect with lower income consumers who remain faithful to the brand, improve wages and ease the financial burden on operators. Steve Easterbrook, the company's new chief executive, on May 4 will announce his plan to reinvent...
U.S. stocks closed about higher, ending a day of choppy trade, as investors weighed mixed earnings and signs of strength in the housing market.
April 22- Coca-Cola Co on Wednesday reported better than expected profit and revenue, helped by price increases in North America, as the beverage maker struggles to grow amid sluggish demand for soda. It kept its 2015 forecast unchanged Wednesday and said it will spend up to $3 billion this year buying back stock. The company has said it is targeting $3 billion in...
Coca-Cola reported a rise in revenue for the first time in nine quarters, helped by a 6 percent rise in revenue from North America.
April 22- Coca-Cola Co reported a rise in revenue for the first time in nine quarters, helped by a 6 percent rise in North America, its biggest market. Net operating revenue from North America rose to $5.10 billion in the first quarter ended April 3, and accounted for 47.6 percent of total revenue. Sales in North America increased in the fourth quarter for the first...
Some of the names on the move ahead of the open.
We think Coke is a good twelve month opportunity, says Nik Modi, RBC Capital Markets, breaking down Coke's quarterly results and weighing in on its overseas business.
April 22- Coca-Cola Co reported a rise in revenue for the first time in nine quarters, helped by a 6 percent rise in revenue from North America, its biggest market. The world's largest beverage maker's shares rose 2.3 percent to $41.70 in premarket trade on Wednesday. Net income attributable to shareholders fell to $1.56 billion, or 35 cents per share, in the first...
Coca-Cola shares are in a precarious position ahead of earnings, says one market technician.
NEW YORK, April 21- The founders of the privately held producer of AriZona iced tea have reached a settlement resolving a long-running legal feud that had prompted a New York state judge to order the company to pay $1 billion to buy out a co-owner. Domenick Vultaggio, Beverage Marketing USA Inc's managing founder, and estranged partner John Ferolito have reached...
U.S. stocks closed mixed on Tuesday as investors digested the first of the major earnings reports and moderate economic data.
PepsiCo is taking over league sponsorship rights of the National Basketball Association from rival Coca-Cola, the company confirmed Monday.
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U.S. stocks closed higher, rebounding from initial losses on the disappointing jobs report as weak data renewed hopes of a rate hike delay.
The number of Cuban-Americans who support the decision to normalize relations with Cuba now stands at 51 percent, up from 44 percent in December.