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JPMorgan Upgrades Coca-Cola, Says Tax Dispute Ruling Could Be Next Catalyst
Monday, December 13, 2021 - 1:12pm | 423Read More...Coca-Cola Co (NYSE: KO) shares gained 2.2% during a weak market session on Monday after the company landed a major Wall Street upgrade. The Analyst: JPMorgan analyst Andrea Teixeira upgraded Coca-Cola from Neutral to Overweight and raised her price target from $59 to $63. Related Link: Is Coca...
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PepsiCo Stock Gets Upgrade, 'Successful Innovation And Expansion'
Wednesday, April 21, 2021 - 11:21am | 235Read More...PepsiCo, Inc. (NASDAQ: PEP) has reached only the mid-point of an investment cycle that is expected to result in sustainable top- and bottom-line growth, according to UBS. The PepsiCo Analyst: Sean King upgraded the rating for PepsiCo from Neutral to Buy, while raising the price target from $145 to...
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Pepsi Launches A Sleep Beverage: What You Need To Know About Driftwell
Tuesday, September 15, 2020 - 4:30pm | 359Read More...Individuals troubled with insomnia or stress might have found an unusual solution in beverage maker PepsiCo, Inc. (NASDAQ: PEP) with their new beverage launch. What Happened: PepsiCo CEO Ramon Laguarta held an internal competition for employees last year to create a new and exciting product. The...
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Sugar And Spite: Big Cities Taxes On Beverages Irking Big Soda
Thursday, August 24, 2017 - 1:17pm | 726Read More...How sweet it isn’t to be hated by you. Chicago, Philadelphia and, soon, Seattle and San Francisco are just a few of the cities taxing soda pop as both a health threat and source of revenue, and the beverage industry says the cash municipalities are making on non-carbonated quaffs is costing...
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Detroit Entrepreneur Launches Superinfused Beverages As A Healthy Soft Drink Alternative
Tuesday, May 9, 2017 - 2:57pm | 1139Read More...Cason Thorsby is taking the sugar shame out of pop. The drinks that bear his name, Cason Superinfused Beverages, were designed by the 31-year-old Detroiter to have the sweetness, bubbles and fizz of pop, but without any sugar, calories or artificial additives. The beverage line, sweetened with...
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Panera's CEO Discusses Company's Decision To Label Calories In Soft Drinks, Says It Isn't 'The Food Police'
Friday, March 31, 2017 - 1:51pm | 453Read More...Panera Bread Co (NASDAQ: PNRA) took a bold step Friday when it announced that it will begin labeling the sugar and calories in its soda and soft drinks. Speaking as a guest on CNBC's "Squawk on the Street," Panera's CEO Ronald Shaich explained the reasoning behind the decision, which also happens...
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National Beverage Could Be A Major Beneficiary Of The Sugar Tax
Tuesday, March 21, 2017 - 10:20am | 596Read More...Soda companies have been violently shaken by recently put into effect sugar taxes, and the mounting pressure is priming an industry-wide explosion. At the beginning of March, PepsiCo, Inc. (NYSE: PEP) announced the dismissal of at least 80 employees from its Philadelphia sites, where the city...
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'Sugar Wars' Escalating: Beverage Companies Look To Bolster Non-Soda Portfolios
Tuesday, November 15, 2016 - 1:46pm | 456Read More...The battle between lawmakers and Big Soda is heating up again after voters in five municipalities approved special taxes on sugary drinks last week. San Francisco and Cook County, Indiana, are key areas where voters agreed on a special tax to be levied on soda. Former New York Mayor Michael...
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American Beverage Association Calls Philly 'Sugar Tax' Regressive
Friday, June 17, 2016 - 8:16am | 278Read More...In a lopsided 13–4 vote Thursday, Philadelphia passed a 1.5-cents-per-ounce tax on sodas. The tax applies both to sugar-added soft drinks and artificially sweetened diet sodas. That would add $1.02 to the cost of a two-liter bottle of soda pop. There’s already an 8 percent sales tax in...
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Associated Press Reports Philly Will Approve Sugar Tax On Sodas
Thursday, June 16, 2016 - 8:45am | 190Read More...In a Thursday morning article, the Associated Press reported that the Philadelphia City Council is expected to approve a 1.5 cent-per-ounce tax on sugary and diet beverages. The only other city with a sugar tax on sodas at this point is Berkeley, California. Similar proposals have been defeated in...
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Consider Buying Coca-Cola On The Dip For Long-Term Gains
Friday, July 25, 2014 - 3:49pm | 422Read More...Due to disappointing earnings, Coca-Cola (NYSE: KO) has had a rough couple of days. That is costing short term traders who drove the stock up earlier this month, expecting better results. For long term investors, however, the temporary dip should be looked at as an opportunity to build up a...
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5 Smaller Beverage Companies Gunning For The Big Boys
Wednesday, March 5, 2014 - 3:14pm | 713Read More...In the past decade or so the alternative beverage industry has caught fire. Major beverage companies such as Coca-Cola and Pepsi have suddenly found themselves fighting for market share against formerly unknown competitors. Part of the reason for the situation has to do with changing customer...













