Nik Modi, RBC Capital Markets managing director, and Bill Schmitz, Deutsche Bank Securities senior research analyst, break down the fundamentals for Pepsi and Coke, and tell which soft drink company is the better play.» Read More
Prosecutors say a former Coca-Cola secretary took confidential documents from the beverage giant and samples of products that hadn't been launched with the aim of selling them to rival Pepsi. Her lawyer says she was duped by two ex-cons and didn't commit a crime.
Maria Sharapova has endorsement deals with Nike, Land Rover, Tag Heuer, Canon, Motorola and Colgate. But I always thought she was missing the drink category. That will change likely tomorrow when PepsiCo is expected to announce a deal with the 19-year-old tennis beauty. Also, Michael Jordan and his wife have called it quits after a 17-year marriage. The timing of the announcement, just a couple days before the end of the year, was best for Jordan...
The beverage sector is fairing well of late with news of acquisitions and executive promotions within the major players. The Dow Jones beverage index has gained 3% this week and more than 12% year to date. And Coca-Cola and Pepsi are up 5% and 2% respectively. So--will this "long drink" of market success continue to last?
Freeman tells CNBC's Carl Quintanilla why consumer confidence will soften and housing inventories will improve in 2007 in an interview only on cnbc.com’s home page.
NASCAR ain’t just whistling Dixie: It’s alive and kicking all over America. CNBC’s Darren Rovell proved it in Times Square, where he spoke to some of the racing association’s biggest names. Top drivers toured New York City streets for the fourth straight year, garnering applause while reconfirming the auto sport’s rising popularity beyond its Southern roots.