|Bid||0.00 x 2900|
|Ask||0.00 x 800|
|Day's Range||143.56 - 143.71|
|52 Week Range||72.91 - 143.85|
|Beta (3Y Monthly)||1.57|
|PE Ratio (TTM)||36.60|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Israel-based SodaStream, a carbonated drink-machine maker bought this year by Pepsico for $3.2 billion, is establishing a manufacturing plant in the Gaza Strip, its chief executive said on Thursday. The economy there is stifled by an Israeli-Egyptian blockade on the territory and disputes with the Western-backed Palestinian Authority based in the West Bank. SodaStream CEO Daniel Birnbaum told the Globes business conference that the company's factory in Israel has succeeded with a mixed workforce of Jews and Arabs, and they are looking to expand that.
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PepsiCo (PEP) informed the market Wednesday that the acquisition of SodaStream International Ltd. (SODA) has been completed following the purchase of all outstanding common stock of the company at a price of $144 per share. SodaStream International is an Israel-based company engaged in the production, distribution and sale of home beverage carbonation systems. SodaStream's home beverage carbonation systems transform tap water into sparkling water, which can also be flavored.
Coffee-and-soda company Keurig Dr Pepper and energy drink giant Monster Beverage reported better-than-expected third-quarter earnings late Wednesday.
SodaStream (SODA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
There are numerous instances when it is smart to cash in on a gain of 20% to 25% in your growth stocks. Also, stay disciplined in keeping a 3-to-1 win-loss ratio.
The 16 percent surge in profits was a victory for Indra Nooyi on her last day as CEO, after years of facing pressure to sell or spin the company's beverage business as its growth has lagged behind that of its Frito Lay, Tostitos, Lays chips and other packaged snacks.
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.
Ivan Feinseth of Tigress Financial Partners says PepsiCo has to continue developing or acquire "alternative" brands in the sparkling water, flavored teas or sport drinks space.