James Schiro left the boards of two major corporations Thursday to tend to his health.» Read More
Coca-Cola Co. fell $1.25 or 2.9 percent, to $41.16. Dr Pepper Snapple fell$. 06 or. 1 percent, to $58.80. Molson Coors Brewing Co. rose$. 21 or. 3 percent, to $72.40.
WASHINGTON— Senate Environment and Public Works Committee hearing on the Environmental Protection Agency's proposed carbon pollution standards for power plants. WASHINGTON— Senate Commerce, Science and Transportation subcommittee hearing on legislation focusing on consumer protections and safety for cruise ship passengers.
July 22- Coca-Cola Co is still grappling with a problem even as sales of traditional Coke rise in North America: U.S. consumers are drinking less diet soda. But Coke reported lower-than-expected quarterly revenue as sales volume in North America, its biggest market, was flat partly because of a decline in diet Coke sales.
Coca-Cola Co. fell $1.26 or 3.0 percent, to $41.14. Dr Pepper Snapple fell$. 04 or. 1 percent, to $58.82. Molson Coors Brewing Co. rose$. 16 or. 2 percent, to $72.35.
ATLANTA— Coca-Cola Co. reported quarterly sales that fell short of Wall Street estimates on Tuesday as demand weakened for Diet Coke in North America. Globally, the world's biggest beverage maker, said sales volume rose 3 percent, boosted by gains in places including China, India, the Middle East and South Africa.
July 22- Omnicom Group Inc, the largest U.S. advertising company, reported a 6.4 percent rise in quarterly revenue, led by increased spending on advertising by clients in North America.
Many investors, including Jim Cramer, found the relative strength in stocks somewhat curious, given the widespread geopolitical unrest.
NEW YORK, July 21- Coca-Cola Co may have annual profits of about $9.3 billion, but that princely sum could fall short of what the world's largest soda maker needs to tempt would-be franchisees into taking over more of its regional bottling operations.
Even as traders monitor the world's hot spots, corporate earnings news could be a positive for stocks in the week ahead.
Talking Squawk, the official "Squawk Box" blog, provides tidbits, insights, and some sarcastic reflections on the WEEK THAT WAS and the WEEK TO COME.
A testy moment at the Delivery Alpha conference when Nelson Peltz, the founding partner and chief executive officer of Trian Fund Management and a major holder of Pepsi, took issue with CNBC's interviews with legendary investor Warren Buffett, a long-time investor of rival Coca Cola.
Nelson Peltz hinted at a potential for a proxy contest at Pepsi, one of his hedge fund's holdings.
Nelson Peltz of Trian Fund Management hinted at the potential for a proxy contest at Pepsi during an interview at the Delivering Alpha conference presented by CNBC and Institutional Investor Wednesday.
Coca-Cola Co. rose$. 02 or percent, to $42.12. Dr Pepper Snapple fell$. 15 or. 3 percent, to $59.23. Molson Coors Brewing Co. fell$. 33 or. 5 percent, to $72.20.
Coca-Cola Co. rose$. 12 or. 3 percent, to $42.22. Dr Pepper Snapple fell$. 20 or. 3 percent, to $59.18. Molson Coors Brewing Co. rose$. 19 or. 3 percent, to $72.71.
NEW YORK, July 16- Even fund managers' best ideas are not working out this year.
American palates have changed considerably over the years, but are snackers ready for cappuccino-flavored Lay's?
NEW YORK— American palates have changed considerably over the years, but is the country ready for cappuccino-flavored Lay's?
Cramer rarely likes to play piggyback and follow another investor into a stock. But this is an exception.
Coca-Cola Co. rose$. 26 or. 6 percent, to $42.23. Dr Pepper Snapple rose$. 35 or. 6 percent, to $59.38. Molson Coors Brewing Co. fell$. 34 or. 5 percent, to $73.25.