|Bid||142.50 x 1000|
|Ask||143.00 x 800|
|Day's Range||142.70 - 143.02|
|52 Week Range||57.60 - 143.20|
|PE Ratio (TTM)||36.42|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
’s popular countertop machines helped lower the cost of sparkling water by allowing users to make their own. In an effort to save more on each pour, these customers are hacking into their SodaStream machines by attaching their own canisters of carbon dioxide, often purchased at welding-supply or paintball stores. Some are filling gas canisters with dry ice to create their own fizz.
As part of its continual expansion strategy, Hilton (HLT) launches hotel in the Middle East after making a mark in China, Latin America and Europe.
Coca-Cola's acquisition of giant coffee chain Costa gives it access to a rapidly growing coffee platform in 31 nations and further opportunities to expand.
Following PepsiCo's announcement of acquiring SodaStream and Coca-Cola eying Moxie, it can be said that major soft beverage manufacturers are aggressively expanding their portfolio.
Moody's Investors Service, ("Moody's") has today taken rating actions on 13 non-financial corporates domiciled in Turkey. The ratings of 11 of the 13 corporates were placed on review for downgrade on 6 June 2018.
PepsiCo (PEP) investors started out Monday feeling bubbly about the company's decision to buy Israeli seltzer-machine company SodaStream International (SODA) for $3.2 billion. Pepsi is paying too much for a fizzy water brand that's fighting for market share against several other major brands—including some owned by Pepsi itself. Pepsi has been on an increasingly frantic quest to fix its North American beverage business, the largest division in the company, in which operating profits dropped 16% in the most recent quarter.
U.S. stocks set a milestone Wednesday in achieving their longest-ever bull run , now going on 3,455 days and counting since the S&P 500 hit its low of 666 on March 9, 2009. Investors also got further guidance that the Federal Reserve would raise interest rates next month as long as the economy performs in line with expectations. Among individual stocks, Intuit Inc. rose 2% Friday after announcing Chief Executive Brad Smith would step down later in the year and posting sizable profit and revenue growth in the most recent quarter.
After bouts of volatility, Wall Street regained momentum in the past few sessions on optimism over trade talks between the United States and China and signs of stabilization in Turkey. The two countries are set to hold talks this week and China is expressing willingness to come to some terms with the United States to resolve the trade issue, as per some analysts.Source: Shutterstock
Pepsi’s SodaStream acquisition moves it further into healthy categories, but Wells Fargo says it won’t solve the problems with the company’s core products.
Beverage companies aren't usually associated with disruption and innovation, but at least two names deserve credit for their recent M&A deals: PepsiCo, Inc. (NASDAQ: PEP ) and Constellation Brands, Inc. ...
Given the bullish economic outlook, robust corporate earnings and interest rates still remaining low in the United States, companies are going for mergers for future growth.
PepsiCo (PEP) agrees to buy SodaStream International for a cash outlay of $3.2 billion. The transaction is likely to strengthen the company's beverage and fast-growing water portfolio.