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Pepsi Versus Coke: The Cola Wars Are Back
Friday, October 2, 2020 - 10:24am | 874Just like its rivals Coca-Cola Co (NYSE: KO) and Keurig Dr Pepper Inc (NASDAQ: KDP), the snack and beverage giant has taken a hit during the pandemic due to restaurant closures and other pandemic-related disruptions. But, PepsiCo, Inc. (NASDAQ: PEP) had a joker in its deck of cards....
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Pepsi To Acquire One of China's Largest Snack Brands In $705M Deal
Monday, February 24, 2020 - 2:14am | 306PepsiCo, Inc. (NASDAQ: PEP) has announced that it will acquire Be & Cherry, a large Chinese snackmaker from Haoxiangni Health Food Co., Ltd. What Happened PepsiCo said in a statement released Sunday that it would purchase Hangzhou Haomusi Food Co. Ltd., also known as Be & Cherry, for $...
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Tesla Semi Electric Trucks Roll Into Frito-Lay Plant
Friday, October 4, 2019 - 1:29pm | 483PepsiCo (NASDAQ: PEP) is introducing 15 Tesla Inc (NASDAQ: TSLA) Semi electric trucks at its Frito-Lay manufacturing site in Modesto, California, as part of a broader plan to replace diesel-powered freight equipment with zero-emission and near-zero emission trucks. The rollout comes after the...
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Lots Of Earnings In The Mix as Market Digests PepsiCo Results, Awaits Costco
Thursday, October 3, 2019 - 9:08am | 2250After that dramatic two-day drop, things seem to be stabilizing a bit this morning. Don’t forget that this has been a very resilient market, but also keep in mind that with payrolls looming tomorrow, the big down-move we’ve had, and more jitters about geopolitics, it could still be a...
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Pepsico: A Trucker In Shipper's Clothing
Monday, June 24, 2019 - 10:32am | 529If there is one shipper that knows what it's like to be a motor carrier, it's Pepsico, Inc. (NYSE: PEP) chosen by FreightWaves as a "shipper of choice." The $63.5 billion beverage and snack food giant ranks first among U.S. private fleet operators with 11,100 tractors, 17,500 trailers, 3,500...
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Losing Its FAANG: Market Struggles In 2018 As Tech Rally Slows
Sunday, December 23, 2018 - 9:35am | 4961Maybe it was that day in early October when Fed Chair Jerome Powell said interest rates remained “a long way” from neutral even after three rate hikes in the three quarters leading up to his speech. Or it could have been mounting trade and tariff tensions between China and the U.S. as...
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Coca-Cola Enters Hot Beverage Market With $5.1B Purchase Of British Chain Costa Coffee
Friday, August 31, 2018 - 10:23am | 559In an effort to further diversify from the soda industry, The Coca-Cola Co. (NYSE: KO) has announced new plans to keep up ina highly competitive market. Following the news of Starbucks Corp. (NASDAQ: SBUX)’s licensing deal with Nestle, as well as the merged Keurig Dr Pepper Inc. (NYSE:...
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Sugar And Spite: Big Cities Taxes On Beverages Irking Big Soda
Thursday, August 24, 2017 - 12:17pm | 726How 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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From Worm Waste To A Zero-Waste World, The Vision Of Tom Szaky
Friday, June 2, 2017 - 6:54am | 1036Do you know what Tom Szaky thinks of everything you own, eat, wear, poop and drive, from the plastic container that contains your hair product to the pricey phone you tuck into your back pocket to the discount drone you use to wage drunken dogfights with your next-door neighbor? It’s garbage...
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#PreMarket Primer: Friday, November 7: Boehner Reveals Intentions To Modify Obamacare
Friday, November 7, 2014 - 7:50am | 1521With Republicans in full control of the U.S. Congress, the stage is set for a very rocky two years as Democratic President Barack Obama finishes his final term in office. Speaker of the House John Boehner said Thursday that he plans to put Obamacare up to another vote and that although Obama...
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#PreMarket Primer: Thursday, October 2: Hong Kong Protests Threaten To Escalate
Thursday, October 2, 2014 - 6:59am | 1184On Thursday, tens of thousands remained throughout the streets of Hong Kong calling for the region’s Chief Executive Leung Chun-ying to resign. The protesters have been blockading Hong Kong’s roadways for days now, pushing for full democracy and the ability to elect their own...
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#PreMarket Primer: Thursday, September 25: US Airstrikes Do Little To Stem ISIS Advances
Thursday, September 25, 2014 - 6:27am | 1308Despite a second day of airstrikes against Islamic militant groups in Syria on Wednesday, reports from Kurdish villages suggested that the groups were continuing to advance. Overnight, ISIS-held oil refineries in eastern Syria were the targets for bombings as the U.S. and its allies attempted...
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5 Companies That Are Empowering Women
Friday, July 11, 2014 - 2:54pm | 1068During an interview with The Atlantic, last week, PepsiCo (NYSE: PEP) CEO Indra Nooyi told a crowd at the Aspen Ideas Festival that women “can't have it all,” meaning that you can't always succeed at both your home life and work life. “We pretend we can have it all,...
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Beverage Stocks Are A Better Way To Profit From The Restaurant Group
Friday, April 11, 2014 - 9:54am | 618Ken Friedman, the co-owner of five very successful restaurants, stated in an interview in the February 2014 issue of Food & Wine magazine that, “As every restaurateur knows, you make much more money selling a drink than you do selling a plate of food.” For every investor, that should bring...
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Microsoft Bing Is Growing Market Share (MSFT)
Monday, August 19, 2013 - 11:20am | 646Not everybody “Googles” every time they perform an Internet search. According to comScore (NASDAQ: SCOR) in July, almost 18 percent of searches were conducted using Microsoft (NASDAQ: MSFT)’s Bing. While it’s true Google (NASDAQ: GOOG) retained its sizable lead with 67 percent, Bing’s gain over...