Some of the names on the move ahead of the open.» Read More
July 23- Starbucks Corp and Danone SA said on Tuesday they will sell a co-branded yogurt through Starbucks cafes and in grocery stores as yogurt makers and food companies battle for market share in the $7 billion U.S. market.
Brian Bittner, Oppenheimer & Co., and Bryan Elliott, Raymond James, look at McDonald's earnings miss this morning and discuss the pressure the restaurant business is under from a strained economy.
Huge earnings are coming in the week ahead. Companies including Apple, McDonald’s and Boeing all report. Are you ready?
After a two-week hiatus for summer break, Talking Squawk, the official "Squawk Box" blog, is back (lucky you) with all the tidbits, insights and sarcasm you expect.
NEW YORK, July 18- BlackRock Inc said on Thursday it opposes Nelson Peltz's proposal that PepsiCo Inc buy Mondelez International and shed its beverage business, signaling that the activist investor's proposal could fall flat with fellow investors.
At "Delivering Alpha" Nelson Peltz publicly pushed for Pepsi to acquire Mondelez. Why could this merger be good for Peltz but bad for Pepsi? Jeffrey Sonnenfeld, Yale School of Management, weighs in.
Some of the names on the move ahead of the open.
Evan Staples, Nuveen Asset Management, discusses the likelihood of Pepsi making a run for Mondelez.
Jim Cramer closely monitored CNBC Delivering Alpha conference on Wednesday. Although he liked a lot of what he heard, he didn’t like it all.
NEW YORK, July 17- Trian Fund Management, headed by Nelson Peltz, has amassed a "big stake" in chemicals maker DuPont, CNBC said on Wednesday. Shares of DuPont rose 4.8 percent on the news of Trian's stake.
NEW YORK, July 17- Activist shareholder Nelson Peltz said on Wednesday he wants PepsiCo Inc to buy Mondelez International Inc for around $35 a share in a deal that would be worth $62.46 billion and create a snack food powerhouse selling everything from chocolate to chips.
NEW YORK, July 17- Activist shareholder Trian Fund Management said on Wednesday it wants PepsiCo Inc to buy Oreo cookie maker Mondelez International Inc for $35 to $38 a share, or separate its snacks and beverage business. Trian estimates the merger could lead to an implied value of $175 per share for PepsiCo and $72 per share for Mondelez by the end of 2015..
NEW YORK, July 17- Trian Fund Management's Nelson Peltz wants PepsiCo Inc to buy Oreo cookie maker Mondelez International Inc for $35 to $38 a share, he told CNBC on Wednesday. The news sent Mondelez shares up 3 percent on Nasdaq. Peltz said he also wants PepsiCo to spin off the beverage business after buying Mondelez.
The era of soft drinks is over, according to Peltz. He wants the company to focus on snacks.
Trian's Nelson Peltz tells Delivering Alpha conference he's buying a lot of DuPont shares, but won't say much more than that.
Take a look at some of Tuesday's midday movers from CNBC's Delivering Alpha conference:
Most companies do not have a water management plan, but as water shortages spread around the globe, corporations will be courting disaster.
A time frame agreed upon between PepsiCo and Trian Fund Management's Nelson Peltz to privately address suggestions for improving shareholder returns may be closing.
Some investors think Mondelez should consider suitors. If anybody buys, Cramer thinks it should be this company – and no it’s not PepsiCo.
It cited economic slowdowns in Europe and Asia, a consumer credit crunch in Brazil and inflation in Mexico. It also said a historically wet and cold spring in the United States, very early monsoons in India, and flooding in central Europe curbed sales and overall consumer spending.