James Schiro left the boards of two major corporations Thursday to tend to his health.» Read More
*CFO says Danone 2020 plan is "not a strategic review". PARIS, July 25- Food group Danone is confident of hitting full-year targets despite a weak first-half as it looks to a stabilization of European dairy revenues this year and the launch of new baby food products in China.
July 25- U.S. companies are reporting sluggish financial results in Latin America, showing the risks they face in relying on Brazil and other emerging markets in the region for growth. Several companies reported tepid performance in Brazil, the biggest economy in Latin America, where some economists fear the country is on the verge of a recession.
Coca-Cola Co. rose$. 16 or. 4 percent, to $40.97. Dr Pepper Snapple rose $2.54 or 4.3 percent, to $60.98. Molson Coors Brewing Co. rose$. 44 or. 6 percent, to $73.01.
Coca-Cola Co. rose$. 11 or. 3 percent, to $40.92. Dr Pepper Snapple rose $2.74 or 4.7 percent, to $61.18. Molson Coors Brewing Co. rose$. 24 or. 3 percent, to $72.81.
**SodaStream in talks to be taken private in a deal valuing the company at $828 million, Bloomberg reported, citing people familiar with the matter. **In talks with an investment firm for a deal that would value the company at about $40 per share, Bloomberg said. **SodaStream was not immediately available for comment.
July 24- Israel- based SodaStream International, which makes home soda machines, is in talks to be taken private in a deal valuing the company at $828 million, Bloomberg said, citing people familiar with the matter.
Coca-Cola Co. fell$. 06 or. 1 percent, to $40.75. Dr Pepper Snapple rose $2.12 or 3.6 percent, to $60.56. Molson Coors Brewing Co. rose$. 15 or. 2 percent, to $72.72.
*Apple rallies after results, boosting tech names. NEW YORK, July 23- U.S. stocks ended mostly higher on Wednesday, with the S&P 500 closing at a record on Apple's bullish results, though Boeing weighed on the Dow and conflicts in Ukraine and the Gaza Strip kept the broader market's gains in check.
*Apple rallies after results, boosting tech names. NEW YORK, July 23- U.S. stocks were largely higher on Wednesday, with the S&P 500 hitting another record high after bullish results from tech giants Apple and Microsoft, though technical resistance and conflicts in Ukraine and the Gaza Strip kept gains in check.
July 23- PepsiCo Inc's higher-than-expected quarterly profit could give the company more ammunition against an activist investor who wants it to separate its snack and beverage businesses. The sales increases were partly a result of price hikes that PepsiCo implemented as it launched new products which usually command higher prices.
*Microsoft sees end to Nokia losses, shares rise. NEW YORK, July 23- The S&P 500 hit a record high on Wednesday, lifted by bullish earnings from companies like Apple and Microsoft, though technical resistance and conflicts in Ukraine and the Gaza Strip kept gains in check.
Shaking off geopolitical flare-ups for now, analysts say the S&P 500 is taking aim at the 2,000 level, and the next round of earnings news could help.
*Microsoft sees end to Nokia losses, shares rise. NEW YORK, July 23- U.S. stocks were set to rise slightly at the open on Wednesday, boosted by bullish earnings from companies like Boeing, Pepsi and Microsoft, though conflicts in Ukraine and the Gaza Strip weighed on investor confidence.
July 23- PepsiCo Inc reported a higher-than-expected quarterly profit and raised its full-year adjusted earnings forecast, helped by strong sales of snacks such as Lays and Doritos chips in North America. PepsiCo raised its full-year earnings per share growth forecast to 8 percent from 7 percent.
Some of the names on the move ahead of the open.
PepsiCo reported quarterly earnings that beat analysts' expectations on Wednesday.
PURCHASE, N.Y.— PepsiCo raised its forecast for the year on Wednesday and said its new Lay's potato chips— including a cappuccino variety— should help boost its profit in the months ahead. The gains were relatively modest, but PepsiCo has been driving its financial performance with a cost-cutting plan expected to generate $1 billion in savings this year.
July 23- PepsiCo Inc reported a 2 percent fall in second-quarter profit as carbonated soft drink volumes declined 2 percent in North America. The company's net income fell to $1.98 billion, or $1.29 per share, in the 12 weeks ended June 14 from $2.01 billion, or $1.28 per share, a year earlier. Excluding items, PepsiCo earned $1.32 per share.
Coca-Cola Co. fell $1.21 or 2.9 percent, to $41.19. Dr Pepper Snapple fell$. 19 or. 3 percent, to $58.67. Molson Coors Brewing Co. rose$. 25 or. 3 percent, to $72.44.
Campbell Soup Co. is hoping it can spark a turnaround for the struggling beverage brand by hitching it to the growing popularity of new brands that mix more exotic ingredients like coconut water, kale and ginger and tout their freshness.