Coca-Cola Co (NYSE:KO) Will Sell Stake In Bottling Unit In South Africa For $669 Million

As part of the agreement reached with local regulators, Coca-Cola Co (NYSE:KO) will offload its stake in the South African bottling plant for $669 million. The local investors get a stake in the bottling plant at a discounted rate. The sale of a stake in the bottling plant helps the American drinks giant to comply […]

Coca-Cola (NYSE:KO) CEO Says They Need To Adapt To Uncertainties Due To The Pandemic

Coca-Cola Co. (NYSE:KO) CEO and Chairman James Quincey indicated that the beverage company should be flexible in the wake of uncertainties due to COVID-19. Quincey said that the company is seeing some great growth opportunities and that almost all Costa stores have reopened. COVID-19 causing uncertainties In an interview with Bloomberg’s Guy Johnson and Alix […]

Coca-Cola Co (NYSE:KO) Inks A Pact With Molson Coors Beverage Co (NYSE:TAP) To Introduce Topo Chico Hard Seltzer In Four Flavors In The US

Coca-Cola Co (NYSE:KO) entered a pact with Molson Coors Beverage Co (NYSE:TAP) to unveil Topo Chico Hard Seltzer in four flavors: Strawberry Guava, Exotic Pineapple, Tangy Lemon Lime, and Tropical Mango in the US. Topo Chico joins the hard seltzer portfolio in the US. The demand for hard seltzer and sparkling water is robust, and […]

Coca-Cola Co (NYSE:KO) Expects To Prune Its Business Units To 9 From 17 In 4 Geographies And Offer A Buyout To 4,000 Employees: Focus On Sports Drinks, Teas And Coffees

Coca-Cola Co (NYSE:KO) is reorganizing its business units. It plans to focus on popular segments such as products that include Teas, Coffees, Sports Drinks, and the Coca-Cola line. However, it will expand the growing products that include plant-based drinks and sparkling water. The company intends to cut 4,000 jobs across the world. Those who joined […]

Coca-Cola Company (NYSE:KO) Announce Release Date For Q2 Results And Halts Advertising On Social Media

Coca-Cola Company (NYSE:KO) has announced that it plans to releases Q2 2020 financial and earning results on July 21 before the NYSE opens. The company has indicated that after the earnings release and investor’s conference call will follow at 0830hrs to discuss the financial results. Investors can join the webcast for the event at […]

Starbucks Corporation (NASDAQ:SBUX) Relocates Ethos Water Bottling To Pennsylvania

Starbucks Corporation (NASDAQ:SBUX) staged a decision to relocate Ethos Water Brand operations from California to Pennsylvania. California is facing acute water shortage following the severe draught. The relocation will begin starting May. According to a statement released by Starbucks, it is considering relocation of bottling operations to other location as part of water conservation. The […]

Coca-Cola Co (NYSE:KO) Appoints New Officers; declares Dividend

The Board of The Coca-Cola Co (NYSE:KO) promoted J. Alexander ‘Sandy’ Douglas Jr., who currently serves as the Senior VP and President Coca-Cola North America to Executive VP. The board also promoted Dr. Ed Hays who is currently the VP and Chief Technical Officer to Senior VP. In addition, the board also appointed two new […]

The Coca-Cola Co (NYSE:KO) In Talks to Acquire Line of Protein Drinks In China to Boost Sales

The Coca-Cola Co (NYSE:KO) is planning to add protein drinks to its beverage portfolio. The company is reported to be in talks with a Chinese counterpart, to acquire a new line of protein drinks for $400 million. This would be the company’s second attempt to push into the Asian market after the previous one was […]

The Coca-Cola Co (NYSE:KO) Fails To Get Permission From Tamil Nadu For Perundurai plant

The talks between Tamil Nadu government and The Coca-Cola Co (NYSE:KO) over Perundurai have failed as the global beverage leader has decided to withdraw its application for investment worth Rs. 500 crore. As per the reports, the company has asked the state to refund the money it has already pumped into this project. The Road […]

Health Conscious Population in the U.S. Raises Sales Of PepsiCo, Inc. (NYSE:PEP) Pure Leaf PepsiCo Vs Coca Cola Company

The battle between the two businesses PepsiCo and the Coca Cola Company are heating up again in the thriving Market for Bottled Tea. PepsiCo, Inc. (NYSE:PEP) is competing with its Pure Leaf Tea Product against The Coca-Cola Co (NYSE:KO)’s Honest Tea and Golden Peak Brands. Coke’s Honest Tea is directly competing with Pure Leaf where […]

The Coca-Cola Company (NYSE:KO) Battle with Shareholders over Stock Compensation Plan

Boston, MA 10/06/2014 (wallstreetpr) – The Coca-Cola Company (NYSE:KO) has yielded to sharp criticism from shareholders and moved with speed to address concerns about its compensation plan. Shareholders have consistently argued that the company’s stock compensation plan only goes to dilute stock’s value in the market instead of guaranteeing shareholders value.  Shareholders discontent Focus now shifts […]

PepsiCo, Inc. (NYSE:PEP) To Tap Consumers Preferring Soda Drink Without Artificial Sweetener

Boston, MA 10/03/2014 (wallstreetpr) – PepsiCo, Inc. (NYSE:PEP) is gearing itself to go natural as it readies itself to unveil soda. The move assumes significance in the wake of its rival The Coca-Cola Company (NYSE:KO) launching its Surge brand soda during the middle of September. Soda Debut For PepsiCo, Inc. (NYSE:PEP), launching a new soda […]

The Coca-Cola Company (NYSE:KO): Taylor Swift Joins Diet Coke Campaign Of “Get A Taste”

Boston, MA 09/29/2014 (wallstreetpr) – Beverage company, The Coca-Cola Company (NYSE:KO) disclosed that Taylor Swift, winner of a seven GRAMMY awards, would join the company’s Diet Coke campaign of “Get A Taste”. She would be starring in a new commercial of Diet Coke from the next month onwards. The company hopes to get the popularity […]

The Coca-Cola Company (NYSE:KO) Signs a Definitive Agreement With Coca-Cola Bottling Company of Central Florida

Boston, MA 09/25/2014 (wallstreetpr) – According to reports, The Coca-Cola Company (NYSE:KO) signed a definitive agreement with Coca-Cola Bottling Company of Central Florida, which was an independent Coca-Cola bottling company, formed recently. Initially, Coca-Cola Bottling Co. announced about the transition of different territories to be added in its list on February 21, 2014. It considered […]