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New York-based coconut water beverage company Vita Coco recently spurned multimillion-dollar investment proposals from PepsiCo Inc. (NYSE:PEP) and Coca-Cola Co. (NYSE:KO). While Coke hooked up with competitor Zico Beverages LLC, we naturally suggested Pepsi could look at competitor One Natural Experience, or O.N.E. A day later, Pepsi Bottling Group Inc....
Posted on September 23, 2009 12:46 PM
In March, citing a possible deterioration of competition, China's Ministry of Commerce blocked Coca-Cola Co.'s (NYSE:KO) $2.4 billion bid for China Huiyuan Juice Group Ltd., the country's No. 1 juice maker. That left Huiyuan looking for partners and Coke might just be that partner. The Wall Street Journal, citing unnamed...
Posted on April 23, 2009 4:30 PM
With so many companies scaling back, it's nice to hear about one charging ahead, even if it is in China -- which is where Coca-Cola Co. (NYSE:KO), plans to invest $2 billion over three years. The Wall Street Journal China blog put the number in context, noting that from 1979...
Posted on March 6, 2009 3:04 PM
On Thursday, Coca-Cola Co. and Illycaffè SpA finalized a global joint venture, Ilko Coffee International, and will introduce three ready-to-drink, or RTD, coffee products in several European countries in April. The products are Caffè, the first RTD coffee to offer black (no milk) espresso-based coffee, Cappuccino and Latte Macchiato. Caffeine fans...
Posted on March 27, 2008 4:01 PM
We've been keeping up with beverage giant Coca-Cola Co., telling you about its deals (Honest Tea, Glaceau, etc.) and corporate strategy. But make no mistake: The company thinks it can meet its long-term growth goals (revenue growth of 5% to 6% is one) organically. In this report, chief financial officer...
Posted on February 22, 2008 5:33 PM
Coca-Cola Co. beat analyst expectations, reporting a fourth-quarter net income increase to $1.21 billion from $678 million in the previous quarter. The boost: soda sales in the emerging markets, a weak dollar and the noncarb drinks it has...
Posted on February 13, 2008 1:12 PM
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