Some of the names on the move ahead of the open.» Read More
BRUSSELS/ LONDON, Sept 17- A tie-up of brewing giants Anheuser-Busch InBev and SABMiller would reset the global brewing industry, allowing a fierce competitor to extend its lead and ringing last call for smaller rivals to snap up meaningful assets. World leader AB InBev said on Wednesday it had approached SABMiller's board regarding a friendly combination...
The beer sector's potential "Megabrew" deal has industry players trying hard to work out what exactly the ramifications are for the entire sector.
Sept 11- PepsiCo Inc said it would offer caps filled with Pepsi and Sierra Mist drink mixes for at-home soda machines made by SodaStream International Ltd on more platforms as it tests the homemade beverages market for its products. PepsiCo said the caps would be made available on SodaStream's website and in about 50 Bed Bath& Beyond Inc stores in the United...
Sept 11- PepsiCo Inc said it will expand its partnership with at-home soda machine maker SodaStream International Ltd to offer caps filled with Pepsi and Sierra Mist to flavor water carbonated by SodaStream machines. SodaStream's shares jumped as much as 8.8 percent to $16.13 in morning trading on Friday after the Wall Street Journal reported the...
Coca-Cola's citrus-flavored soda Surge is making a comeback and it's not the only nostalgic product hitting the market.
CHICAGO, Sept 9- Oscar Munoz, the new chief executive at United Continental Holdings Inc, will be expected to persuade investors and employees that he can fix a complex business in an industry in which he has no experience. Munoz had held finance jobs at consumer products companies including Coca-Cola Enterprises, AT&T Corp and Pepsico Inc before joining CSX.
Sept 9- Pharmacy benefit manager Express Scripts Holding Co said Chief Executive George Paz will retire in May and President Tim Wentworth will succeed him. Under Paz's leadership, Express Scripts acquired Medco Health Solutions Inc for about $29 billion in 2012, its biggest acquisition that also made it the largest manager of pharmacy benefit plans in the...
Sept 8- Pump and valve maker Pentair Plc on Tuesday said it would appoint a founding partner of Trian to its board, giving the activist hedge fund a seat inside the company following its recent purchase of a 7.2 percent stake. Trian, which under the leadership of founder Nelson Peltz has taken on companies such as PepsiCo and DuPont, disclosed a 7 percent stake in...
Paper profits on repurchased stocks has fooled the market. Corporate investment in fixed assets is at its lowest in 60 years.
Sept 8- Pump and valve maker Pentair Plc said it would appoint Ed Garden, founding partner of hedge fund Trian Fund Management LP, to its board. The appointment of Garden, who is also on the board of Wendys Co and Bank of New York Mellon Corp, will increase the size of Pentair's board to 12.. Over the past couple of years, Peltz has targeted DuPont and PepsiCo Inc among...
Tensions are rising between food companies and India's food safety regulator, seeking to assert its authority, the FT reports.
Bottled water sales keep growing and are now on track to surpass soda sales by 2017; that might not be bad news for Coke and Pepsi.
Jim Cramer explains what caused the huge rebound, and reversal, of the market on Tuesday and why investors should buckle up for more.
Subway took a hit losing its spokesman Jared to scandal. So, is it better to use a pitch dog like Snoopy?
Aug 19- Suja Life LLC said on Wednesday that Coca-Cola Co has bought a minority stake in the organic juice maker and will distribute its products. San Diego- based Suja, founded in 2012 by entrepreneurs Annie Lawless, Eric Ethans, Jeff Church and James Brennan, makes juices and smoothies under cold pressure to kill harmful bacteria and preserve nutrients and taste.
China worries could be yet another reason to stay away from energy stocks.
In a completely unscientific taste test, CNBC finds out if passersby in Time Square can tell the different between Diet Pepsi with and without artificial sweetener aspartame.
A lawsuit filed by NBA great Michael Jordan against a defunct grocery store chain is revealing some dollar signs behind Brand Jordan.
Coke's relationship with a group advocating exercise for keeping weight off stirred debate. Now the scientist is firing back.
Dr Pepper Snapple invests in energy drink company BodyArmor.