The Super Bowl is Twitter's biggest annual event. But this year Twitter is facing more competition from Facebook.» Read More
Dec 15- Wintergreen Advisers, a minority shareholder in Coca-Cola Co, said Chief Executive Muhtar Kent was "incapable of leading Coke's turnaround and should be replaced." "The strategic investments made by CEO Muhtar Kent have destroyed shareholder value. This year alone, Coca-Cola spent $3.5 billion in buying minority stakes in beverage companies Monster...
Coca-Cola Co on Monday said earnings-per-share growth this quarter would be flat to slightly positive on a constant currency basis.
Wintergreen Advisers on Monday said Coca-Cola shares were "deeply discounted because of poor management and governance."
Dec 15- Wintergreen Advisers, a minority shareholder in Coca-Cola Co, said Chief Executive Muhtar Kent was "incapable of leading Coke's turnaround and should be replaced." "The strategic investments made by CEO Muhtar Kent have destroyed shareholder value. Following criticism from Warren Buffett and other investors for its outsized employee share rewards,...
Dec 15- Wintergreen Advisers, a minority shareholder in Coca-Cola Co, said Chief Executive Muhtar Kent was "incapable of leading Coke's turnaround and should be replaced". "The strategic investments made by CEO Muhtar Kent have destroyed shareholder value. His blunders on failed acquisitions alone have cost shareholders $16.3 billion, "Wintergreen said in a...
Vermont-based Keurig Green Mountain will move most of its U.S. coffee buying operation to Switzerland, following rivals who have already moved.
Some of Thursday's midday movers:
U.S. stocks rallied into the close, with the Dow ending the day at a record amid encouraging economic reports on Wednesday.
LONDON/ JOHANNESBURG, Nov 27- SABMiller Plc, The Coca-Cola Company and Gutsche Family Investments are combining their soft drinks bottling operations in South and East Africa to create a group with $2.9 billion in revenue across 12 fast-growing markets. The new company, which will be headquartered in South Africa, will be 57 percent owned by the brewer, 31.7...
Earnings season lets consumers see just how much they're paying up for certain brands, and how investors fare. USA Today reports.
District Judge Naomi Reice Buchwald in Manhattan, however, said nearly all claims in the 322- page complaint should be dismissed because they were brought too late. Among the defendants are production and distribution company FremantleMedia NA, which is part of Bertelsmann's RTL Group; producer Nigel Lythgoe; Fox parent Twenty-First Century Fox Inc,...
WASHINGTON, Nov 19- A two-year Senate investigation into Wall Street's physical commodities business found that U.S. banks had manipulated prices and gained unfair trading advantages at the expense of consumers. Goldman Sachs Group Inc, Morgan Stanley and J.P. Morgan built huge inventories of aluminum, oil, jet fuel and other commodities, the report said, and...
A new free trade agreement may give companies from South Korea a serious leg up—in China.
Andrew Lumby irons out the details of net neutrality, why it matters and what the FCC is doing about it, the Fiscal Times reports.
Some of America's biggest and most influential hedge funds are investing heavily in Chinese tech giant Alibaba.
These stocks are the leaders of the current Nasdaq 100, helping drive the index's value, reports USA Today.
Imagine you're at a poker table, surrounded by some of the world's greatest professional players. Investing in the stock market is not entirely different.
Bowing to shareholder pressure, Coca-Cola has revised its equity compensation plan. But activist investor David Winters tells CNBC it's potentially more risky now.
The way this plan is set up the only one who's winning is top management, says David Winters, Wintergreen Advisers CEO, explaining why he thinks Coca-Cola's revised compensation plan does not offer enough changes.
The cash is still coming out of shareholders' pockets and that potentially puts the dividend and earnings at risk, says David Winters, Wintergreen Advisers CEO, explaining why he thinks Coke's revised compensation plan should be replaced.