Beverages Soft Drinks

  • Wells Fargo lowers its Coca-Cola 2017 earnings per share estimate to $1.94 from $2.04.

  • An employee delivers cases of Coca-Cola Co. brand soda in Miami Beach, Florida.

    Goldman's Coca-Cola 2017 earnings-per-share estimate is 3 percent below Wall Street consensus.

  • LONDON, Dec 5- Britain moved forward with its planned sugar tax on Monday, publishing draft legislation confirming a two-band levy for sugar-added soft drinks aimed at fighting obesity. In opting for a sugar tax, Britain joins Belgium, France, Hungary and Mexico, all of which have imposed some form of tax on drinks with added sugar. Britain's tax, announced in March,...

  • *Deal value includes tax benefit of about $400 mln. *Bai to add $132 mln to 2017 net sales. Nov 22- Dr Pepper Snapple Group Inc said on Tuesday it would buy antioxidant beverages maker Bai Brands LLC for $1.7 billion in cash, the latest example of a soft-drinks maker investing in products that are perceived to be healthier.

  • Nov 22- PepsiCo Inc said on Tuesday it would buy health beverage maker KeVita Inc, in an effort to diversify its soft drinks business and tap health conscious consumers. California- based KeVita offers more than two dozen flavors of probiotic drinks, and all its drinks are certified organic, gluten-free and vegan, PepsiCo said in a statement.

  • Nov 22- Dr Pepper Snapple Group Inc said on Tuesday it would buy antioxidant beverages maker Bai Brands LLC for $1.7 billion, in cash, in the latest example of a soft-drinks maker investing in products that are perceived to be healthier. Dr Pepper Snapple, which also makes the 7 UP and Schweppes soft drinks, already has a roughly 3 percent stake in Bai.

  • NEW YORK, Nov 10- Chicagoans and other residents of Cook County will see soft-drink prices rise after a new tax on sugary beverages was narrowly approved by county officials on Thursday, aimed at both addressing health issues linked to sugar consumption and trimming a budget shortfall. Voters in San Francisco and two other northern California cities, Oakland...

  • The votes on so-called soda taxes in San Francisco, Albany and Oakland in California and in Boulder, Colorado, came a month after the World Health Organization recommended governments impose such taxes to battle obesity, diabetes and other diet-related diseases. Larry Tramutola, a California political strategist who organized the pro-tax campaigns in San...

  • Nov 9- Voters in San Francisco, California passed a tax on sugar-sweetened beverages on Tuesday, unofficial results showed, as the push by local governments to target soda to stem obesity and diabetes gathered speed. San Francisco Bay Area neighbor Albany, California passed a similar measure, preliminary figures showed and measures in Oakland, California and...

  • NEW YORK, Nov 4- As Americans vote for a new president on Tuesday, hundreds of thousands of voters in California's Bay Area and Boulder, Colorado, will also decide whether they want levies on sugary drinks, another step toward making soda taxes a norm. Three cities in California- San Francisco, Berkeley and Albany- and Boulder, Colorado, have become the latest...

  • NEW YORK, Nov 4- As Americans vote for a new president on Tuesday, hundreds of thousands of voters in California's Bay Area and Boulder, Colorado, will also decide whether they want levies on sugary drinks, another step toward making soda taxes a norm. Three cities in California- San Francisco, Berkeley and Albany- and Boulder, Colorado, have become the latest...

  • NEW YORK, Nov 4- As Americans vote for a new president on Tuesday, hundreds of thousands of voters in California's Bay Area and Boulder, Colorado, will also decide whether they want levies on sugary drinks, another step toward making soda taxes a norm. Three cities in California- San Francisco, Berkeley and Albany- and Boulder, Colorado, have become the latest...

  • Oct 26- Dr Pepper Snapple Group Inc is in talks to acquire Bai Brands LLC, people familiar with the matter said on Wednesday, a move that would break its track record of only investing small stakes in growth drinks brands. Dr Pepper Snapple may be willing to value Bai at more than $1.5 billion, one of the people said. It was founded in 2009 by entrepreneur Ben Weiss, who...

  • Oct 26- Coca-Cola Co reported better-than-expected quarterly revenue on Wednesday, helped by higher prices for sodas and strong demand for water and sports drinks in North America. Total sales in North America rose 3 percent to $2.66 billion for the third quarter ended Sept. 30. Coca-Cola has been building its non-carbonated drinks portfolio and offloading...

  • Oct 26- Coca-Cola Co reported better-than-expected quarterly revenue, helped by higher prices for sodas and strong demand for water and sports drinks in North America. Sales in North America rose 3 percent for the third quarter ended Sept. 30. However, the company's net income attributable to shareholders fell to $1.05 billion, or 24 cents per share, from $1.45...

  • Pernod's China growth not what they hoped

    Jonny Forsyth, global drinks analyst at Mintel, discusses different environments in Perno Ricard's regional markets.

  • LONDON, Oct 17- PepsiCo Inc has set a target for reducing the amount of sugar in its soft drinks around the world as part of a suite of goals aimed at tackling problems ranging from obesity to climate change. The New York- based company will announce on Monday that by 2025 at least two thirds of its drinks will have 100 calories or fewer from added sugar per 12 oz serving,...

  • GENEVA, Oct 11- Governments should tax sugary drinks to fight the global epidemics of obesity and diabetes, the World Health Organization said on Tuesday, recommendations industry swiftly branded "discriminatory" and "unproven". "Smart policies can help to turn the tides on this deadly epidemic, especially those aimed at reducing consumption of sugary drinks,...

  • NEW YORK, Sept 14- The U.S. soda lobby and small businesses are suing to block Philadelphia's soft drinks tax, marking the latest clash between the industry and public officials seeking to boost revenue and combat health epidemics like obesity and diabetes. The American Beverage Association, which represents Coca-Cola Co and PepsiCo Inc, kicked off a...

  • Pernod Ricard's products fall in the "squeezed middle" of the drinks market - and this has affected sales - says Jonny Forsyth, global drinks analyst at Mintel.