Pepsico said it's planning a 10-week test-run with at-home beverage maker SodaStream.» Read More
Oct 24- Soda machine maker SodaStream International Ltd said it would sell some of PepsiCo Inc's brands through its soda machines on a test basis later this year. The company did not specify which of PepsiCo's brands would be part of the test. PepsiCo's soda brands include Mountain Dew, and 7 Up.
NEW YORK— U.S. stocks rose again Friday, putting the market on track for its best week in almost two years, helped by strong quarterly results from companies such as Microsoft and UPS. GOOD NEWS: Investors got encouraging earnings news from two closely watched companies: Microsoft and UPS. Microsoft shares rose 74 cents, or 1.5 percent, to $45.76.
NEW YORK, Oct 7- The Container Store Group and SodaStream International were both losing more than a fifth of their market value on Tuesday, with earnings and a revenue warning to blame for the slide. SodaStream estimated third-quarter revenue below market expectations, citing weak demand in the United States, and its shares fell as much as 21.6 percent.
NEW YORK, Oct 7- U.S. stocks were lower on Tuesday, with cyclical sectors leading the day's decline following weak data out of Germany that adding to growing concerns over the pace of global economic growth. Among specific stocks, Boeing Co lost 1.2 percent to $124.71 and Caterpillar Inc was down 1.4 percent to $96.66. I don't think this is a trend of something that...
NEW YORK, Oct 7- U.S. stocks were down in morning trading on Tuesday, pressured by a second straight day of weak data out of Germany, the euro zone's largest economy, but indexes bounced off of session lows. A vacuum of market catalysts will only be filled when earnings start in earnest next week according to Jack De Gan, chief investment officer at Harbor Advisory Corp...
NEW YORK, Oct 7- U.S. stocks were set to open slightly lower on Tuesday, pressured by a second straight day of weak data out of Germany, the euro zone's largest economy. A vacuum of market catalysts will only be filled when earnings start in earnest next week according to Jack De Gan, chief investment officer at Harbor Advisory Corp in Portsmouth, New Hampshire.
Oct 7- SodaStream International, the Israeli at-home soda machine maker said to be looking for a buyer, estimated third-quarter revenue that fell short of market expectations, citing weak demand in the United States. SodaStream's shares fell as much as 16 percent in heavy premarket trading on Tuesday. SodaStream's sales in the Americas have fallen in the past...
Some of the names on the move ahead of the open.
SodaStream shares plunged in pre-market trading Tuesday morning after the Israeli company warned that its third-quarter revenue forecasts were well-below Wall Street's expectations.
Oct 7- SodaStream International, an Israeli maker of home soda machines, estimated third-quarter revenue that fell short of analysts' expectations, citing lower-than-expected demand in the United States. "We are very disappointed in our recent performance," Chief Executive Daniel Birnbaum said in a statement. The company estimated revenue of about $125...
Some of Tuesday's midday movers:
Some of Wednesday's midday movers:
Stock futures pointed to a higher open on Wall Street after data had the economy growing 4 percent in the second quarter.
Markit's list of most shorted stocks announcing earnings this week includes several familiar consumer names.
A crush of big cap earnings and arguably the most important economic reports until September make next week the busiest of the summer for markets.
Sodastream shares jumped on Thursday following reports that the company would go private, but investors shouldn't bank on a deal.
Some of Thursday's midday movers:
**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.
One trader turned $7,500 into $250,000 in just hours. So was it dumb luck—or something more sinister?
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.