SABMiller likely to outbid Heineken for Femsa Oct 5, 2009
If the firm were sold whole, "the only two bidders who could afford it are SABMiller and The Coca-Cola Company, not Heineken," Bucalo added. Any Femsa deal could also "put pressure" on Corona maker Grupo Modelo, the country's largest brewer, in which Anheuser-Busch InBev owns a 50. (Business Report, South Africa)
Femsa Weighs Future of Its Beer Unit as SABMiller, Heineken Consider Deals Oct 3, 2009
Growth of Femsas beer business hasnt kept pace with the companys Coca-Cola and convenience-store units ... The company may end up selling all its businesses, including its Coca-Cola bottler and retail chain ... Coca-Cola Femsa SAB, which became Latin Americas largest Coke bottler with 2003s $3. (Bloomberg -- Latin America)
ASK DR. H: Mercury contamination and high fructose corn syrup Oct 2, 2009
They found mercury in the following 17 samples: Quaker Oatmeal to Go; Jack Daniels Barbeque Sauce; Hersheys Chocolate Syrup; Kraft Original Barbeque Sauce; Nutri-Grain Strawberry Cereal Bars; Manwich Bold Sloppy Joe; Market Pantry Grape Jelly; Smuckers Strawberry Jelly; Pop-Tarts Frosted Blueberry; Hunts Tomato Ketchup; Wishbone Western Sweet and Smooth; Coca Cola Classic; Yoplait Strawberry Yogurt; Minute Maid Berry Punch; Yoo-Hoo Chocolate Drink; Nesquik Chocolate Milk; and Kemps... (Atlanta Journal-Constitution -- Health)
Coke plans to make calorie information larger Oct 1, 2009
ATLANTA - Coca-Cola Co. will change the packaging on almost all its products to more prominently display certain nutritional facts amid increasing pressure on lawmakers to consider taxes on sugary sodas, which some health experts blame for rising obesity rates ... Coca-Cola shares climbed 35 cents to $53. (MSNBC -- Health)
Coke, Bottler Launching Campaign Against Soda Tax Sep 30, 2009
NEW YORK (Reuters) - Coca-Cola Co and its largest independent bottler, Coca-Cola Enterprises Inc, are mounting a campaign against a possible U.S. tax on soft drinks ... "The Coca-Cola Company and our bottlers believe the solution to obesity does not lie in attacking one product or by taxing middle-income Americans," Garza said. (ABC News -- Wire)
Suntory Pays $3.8 Billion for Orangina Schweppes Sep 23, 2009
TO), (BX), Kirin Brewery Co. Ltd. (KNBWY), Coca-Cola Co. (KO), (JP325800), (US191216), (US497350)) at SmartMoney. com. (SmartMoney)
PepsiCo Vice Chairman Michael White to Retire Sep 20, 2009
PepsiCo, second only to Coca-Cola Co. in soft drinks, credited White for developing its staff and spearheading "numerous" acquisitions, including the pending $7. 8 billion deals to buy its two largest bottlers, Pepsi Bottling Group and PepsiAmericas. (ABC News -- Business)
Sweet And Sour Sep 19, 2009
Taxes: With the federal government claiming the right to buy, manage or regulate virtually everything in the private sector, it's refreshing (excuse the pun) to see Coca-Cola's CEO fight back ... Kent, whose rise through the ranks at Coca-Cola Co. began 30 years ago, also quipped that "if it worked, the Soviet Union would still be around.". (Investors Business Daily)
Tech.view: Waste not, want not Sep 19, 2009
Drinks firms such as Coca-Cola, as well as big breweries, currently pay large sums of money to have their waste and date-expired products hauled away and processed for disposal. So far, Chris Ursitti, GreenHouse s founder, has signed contracts for 29,000 tons of liquid waste and spent beer. (The Economist)
Soda tax: It’s the real thing Sep 19, 2009
AS CALLS mount for soda to be taxed because of its link to the nation s obesity epidemic, Coca-Cola CEO Muhtar Kent tried this week to tar the tax as socialist, taking a page from the Republicans single-word playbook against health care reform, bailouts, and even President Obama s back-to-school speeches ... Lobbying by Coca-Cola, about $1 million a year from 1998 to 2006, zoomed to $1. (Boston Globe)
Click to read:Experts Push 1 Cent per Ounce Soda Tax Sep 17, 2009
I use Coca-Cola to remove the rust from my golf clubs, imagine what it does to your insides. by timdgrim September 16, 2009 6:03 PM EDT. (CBS News)
Coke CEO calls soft-drink tax ‘outrageous’ Sep 15, 2009
Coca-Cola Chairman and CEO Muhtar Kent left no doubt where he stood on proposals to put a government tax on soft drinks ... A quarter of Coca-Cola s global portfolio is made of no- or low-calorie beverages, Kent said ... None of Coca-Cola s drinks are unhealthy, he said. (Atlanta Journal-Constitution -- Business)
Britain to allow TV product placement Sep 14, 2009
The most watched show in the US, American Idol, is notable for its product placements, including Coca-Cola and Ford, although the logos are blacked out when the show is broadcast in Britain. As recently as March, the then-culture secretary, Andy Burnham, said the ban would remain, and lifting it would raise ''very serious concerns. (Sydney Morning Herald -- World)
'Coke, Pepsi asked to import sugar' Sep 14, 2009
NEW DELHI: Concerned over high prices of sugar, low supplies and fall in output because of drought, the government has asked soft drinks manufacturers and 00004000 bulk users like Coca-Cola, Pepsi and Nestle to buy sugar overseas. "We have told manufactures like Coca-Cola that you should findsome other mechanism," said Minister of State for Agriculture, Consumer Affairs, Food and Public Distribution K V Thomas ... Apart from Coca-Cola and Pepsi, other large industrial consumers of sugar include... (India Times)
• Hatfields and McCoys got nothing on Cokes and Pepsis Sep 9, 2009
Hatfields and McCoys got nothing on Cokes and Pepsis Among all the earth-shaking events that took place last week, few received more attention in south-central Idaho cyberspace than the announcement that the Twin Falls County Fair had signed a sponsorship deal with Coca-Cola, giving the soft drink company exclusive rights to sell its products at the fair next year ... For years, PepsiCo and the Coca-Cola Co. have been trying to convert the other brand's loyalists - but not with their nameplate... (Burley South Idaho Press, ID)
Mexican Soda Tax May Drag Down Sales, Profits Growth at Coca-Cola Femsa Sep 7, 2009
Mexican Soda Tax May Damp Profit at Coca-Cola Femsa: Week Ahead - Bloomberg ... Mexican Soda Tax May Damp Profit at Coca-Cola Femsa: Week Ahead ... Alanis said he had been forecasting earnings before interest, taxes, depreciation and amortization at Mexico City- based Coca-Cola Femsa would rise next year in line with an estimated 3 percent to 4 percent increase in sales volume. (Bloomberg)
Dollar stores might not save you the most Sep 4, 2009
Customers with more to spend than dollar stores' mainstay low-income shoppers are flocking to them to buy products from Coca-Cola Co., H.J. Heinz Co. and other major manufacturers such as Bugle Boy. Bridges said even shoppers who still buy shoes at luxury department store Neiman Marcus will head to a dollar store for generic items like sponges. (MSNBC -- Business)
Bold NY ad campaign targets soft drinks Sep 2, 2009
1:29 pm September 1, 2009, by Henry Unger. I don t think the Coke people like this type of New York ad campaign. (Atlanta Journal-Constitution -- Business)
Coke Gulps Down Stake of Coconut Water Co. Sep 2, 2009
Coca-Cola declined to say how much its investment was worth, other than to say it was a stake of less than 20 percent in the company ... -based ZICO (pronounced ZEE-ko) said in a statement that it has received a $15 million investment from partners including Coca-Cola, beverage entrepreneurs, distributors, celebrities and others ... So Coca-Cola's stake was worth less than that. (CBS News)
What is High Fructose Corn Syrup? H... Aug 27, 2009
In 1980, Coca-Cola started using high fructose corn syrup as a substitute for sugar, and by 1984, both Coca-Cola and Pepsi phased out sugar entirely and used nothing but HFCS in their soft drinks. Now, according to Pollan, "about 530 bushels of annual corn harvest [is turned] into 17.5 billion pounds of high-fructose corn syrup" every year. (Suite101.com)
Sugar guidelines could hurt soft drink firms Aug 26, 2009
Edward Jones analyst Jack Russo said the new guidelines could give some consumers sticker shock in the short term but also might encourage PepsiCo Inc and Coca-Cola Co to focus even more on developing healthier options. "In some crazy way, even if this gains some groundswell, these two companies are pretty quick to have a Plan B ready and they could actually develop some new products, even on the soft drink side, that could be touted as healthier and could improve their businesses," Russo said. (India Times)
Tap water satisfies in a recession Aug 23, 2009
The shift in the market has hit home at Atlanta-based Coca-Cola Co., which sells the Dasani, Smartwater and Aquarius Spring ... The dramatic increases may be over as the segment matures, but bottled water sales can grow again, said Brandon Leck, director of water brands for Coca-Cola North ... Coca-Cola and other major beverage firms continue to be targeted by advocacy groups, who say bottled water is a poor use of natural resources and creates unneeded plastic waste. (Atlanta Journal-Constitution -- Business)
Cal Hosts Contra Costa Times Fan Appreciation Day Saturday, August 29 Aug 22, 2009
Free burritos will be available to the first 1,000 fans courtesy of Rubio's and soft drinks and other samplings will be served, compliments of Rubio's, Coca-Cola and Odwalla. In addition, Sports Gallery will be on hand to showcase classic Cal memorabilia. (Calbears.com)
Report: Coke to invest $5B in Mexico Aug 21, 2009
The new agency said Atlanta-based Coca-Cola Chairman and CEO Muhtar Kent gave a speech at a juice-making facility near Mexico City and revealed the investment ... Coca-Cola (NYSE: KO) has already invested $5 billion in Mexico since 2004, Reuters noted ... Coca-Cola s second-quarter profit spiked 43 percent to $2. (Dayton Business Journal, OH)
Sugar tax is sweet deal for health of children Aug 19, 2009
Case in point, as the price of Coca Cola increases by 12 percent, sales drop by 14. 6 percent. (Boston Globe)
Ban high-caffeine drinks, says NSW govt Aug 18, 2009
Coca-Cola, which makes Mother, said it doesn't market its beverages to children aged under 12. "We voluntarily withdrew all our soft drinks (including energy drinks) from all primary schools in Australia in 2004," the company said in a statement. (Sydney Morning Herald -- Australia)
Picture Day On Tap Sunday At Husky Stadium Aug 15, 2009
Gates open at 9:30 a.m. and Picture Day starts at 10:00 a.m. As always, admission and parking are free as are coffee, doughnuts from Top Pot Doughnuts and soft drinks from Coca-Cola. Also, there will be free kids' face painting from John Robert Powers and both the Dubs Club (for kids) and the Women's Basketball Fast Break board will have information available. (Gohuskies.com)
Businesses can promote better health for American workers Aug 12, 2009
Today, the Coca-Cola Company provides employer-sponsored health care in the United States for more than 28,000 Americans annually ... The Coca-Cola Company is on a journey to modernize our benefits, drive out unnecessary costs and empower our people through effective programs that allow them to take ownership of their individual and family health ... The Coca-Cola Company has a long history of being actively engaged in the communities where our employees and consumers work and live. (Atlanta Journal-Constitution -- Opinion)
Coke Consolidated opens Va. center Aug 6, 2009
Charlotte-based Coke Consolidated (NASDAQ:COKE) is the second-largest Coca-Cola bottler in the United States. The company manufactures, markets and distributes soft drinks. (Charlotte Business Journal, NC)
F&N buys stakes in two companies Aug 5, 2009
F-Cola is a unit of The Coca-Cola Co.. Last month, Fed a transition agreement with The Coca-Cola Co to sell Coca-Cola and Sprite soft drinks in Malaysia for another 20 months after the expiry of its existing bottling and distribution agreement on Jan 26, 2010 ... Revenue from Coca-Cola Co products, mainly Coca-Cola and Sprite, amounted to RM421mil, which was 35% of sales from Fft drinks division for the year ended Sept 30, 2008. (The Star Online, Malaysia -- Business)
Pepsi shares fizz on bottler deal Aug 5, 2009
Analysts said Coca-Cola was looking for similar deals with its bottling firms. PepsiCo spun off the bottlers in 1999. (BBC News -- Americas)
PepsiCoreaches $7.8B deal for bottlers Aug 5, 2009
Market leader Coca-Cola Co., maker of Coke and Sprite, aims to make similar changes, Sicher said, but it is trying to do that by reworking relationships with its bottlers. Consumers will see a difference, too, Sicher said. (MSNBC -- Business)
How sugary drinks have become the target in the fight against obesity Aug 3, 2009
It s counterproductive when you have folks out there trying to single out one particular product as a unique contributor to a problem so complex, said Kevin Keane, senior vice president of the American Beverage Association, which represents the makers of Coca-Cola, Pepsi, and other leading drinks. You could get rid of soft drinks tomorrow, and you would still have overweight and obese people. (Boston Globe)
Coca-Cola 2Q Profit Rises 43% Jul 22, 2009
Coca-Cola 2Q Profit Rises 43 ... (MILWAUKEE) Coca-Cola Co. s second-quarter profit rose 43 percent, and the world s largest beverage maker said Tuesday its rapid overseas growth helped offset weak domestic volumes, even as foreign currency exchange dragged down sales ... For the three months ending July 3, Coca-Cola said it earned $2. (Time.com)
A slice of New York Jul 18, 2009
The outdoor seating at the rear of the pizzeria features a table with a bright red-and-white umbrella with the Coca-Cola trademark emblazoned on it. Tomasulo believes it will be noticed by people doing business at the Beaufort County Courthouse, especially on days when District Court and Superior Court are in session at the same time. (Washington Daily News, NC)
* Kirin shares trade higher on Suntory merger report Jul 14, 2009
CHEERS: A merger of Japanese giant Kirin Holdings with rival Suntory Holdings would create a drinks company with higher global sales than Coca-Cola Co BLOOMBERG Tuesday, Jul 14, 2009, Page 11 ... The combination with Suntory would create a drinks company with higher sales than Coca-Cola Co and consolidate Kirins position as Japans top-selling beer maker. (Taipei Times, Taiwan -- World Business)
Japanese brewer Suntory plans merger with rival Kirin Jul 14, 2009
4% of Japans soft drink market in 2008, narrowly edging out Coca-Cola Cos 29. 4% share, according to the Nikkei. (The Star Online, Malaysia -- Business)
CORRECTED: Japan's Suntory Considering Merge With Kirin Jul 13, 2009
4 percent of Japan's soft drink market in 2008, narrowly edging out Coca-Cola Co's 29. 4 percent share, according to the Nikkei. (ABC News -- Wire)
Looking back at 2006 month by month (3) Jul 12, 2009
Parents are concerned about an exclusive five-year vending machine contract between Boerne ISD and Coca-Cola that is up for renewal. Crime down, accidents up. (Boerne Star, TX)
Specialty drinks a hit at fast-food eateries Jul 10, 2009
Coca-Cola s offerings for food-service customers include a Gold Peak Paradise Mint made with Gold Peak unsweetened tea, Minute Maid Pineapple Juice and mint syrup ... The trend is not lost on Atlanta-based Coca-Cola Co. While standard brands remain the bulk of its business at food-service outlets, Coca-Cola executives said more restaurants are looking at specialty beverages as a way to increase sales and set themselves apart ... Coca-Cola works with restaurants to combine base products, such as... (Atlanta Journal-Constitution)
PepsiCo and Pepsi Bottling Invest $1B in Russia Jul 7, 2009
Purchase, N.Y.-based PepsiCo is the world's second-biggest maker of soft drinks behind Coca-Cola Co.. Copyright 2009 The Associated Press. (ABC News -- Business)
Pepsi investing $1 billion more in Russia Jul 7, 2009
PepsiCo is the world's second-biggest maker of soft drinks behind Coca-Cola Co., with sales in about 200 countries. Pepsi Bottling Group, based in Somers, New York, is the world's largest manufacturer, seller and distributor of Pepsi-Cola beverages and has operations in the U.S., Canada, Greece, Mexico, Russia, Spain and Turkey. (MSNBC -- Business)
Coke turns to new packaging in crowded beverage market Jul 5, 2009
Coca-Cola should not be in the same 2-liter bottle as every other brand, he said. When you think about this, it just doesn t make sense, Steckhan said. (Boston Globe)
Coca-Cola hands its fans new bottles to hold onto Jul 3, 2009
For Hendrik Steckhan, head of carbonated soft-drink brands for Coca-Cola North America, the shape is a problem. Coca-Cola should not be in the same 2-liter bottle as every other brand, he said ... Coca-Cola North America. (Atlanta Journal-Constitution -- Business)
Pepsi's Indra Nooyi Focuses on China Jul 3, 2009
"It's going to remain that way and will extend that lead." Last year, Pepsi announced that it plans to invest $1 billion in , part of an effort to keep pace with the expansion of archrival Coca-Cola (), which in 2008 said it will over three years in its Chinese operations. Pepsi has a third of the market for carbonated soft drinks, compared with Coke's half, but it does have the top-ranked cola. (BusinessWeek)
Fourth of July festivities abound Jul 2, 2009
Free Blue Bell ice cream treats and Coca-Cola drinks will be available, and kids can enjoy the H-E-B Buddy Kid Zone a moonwalk, rock wall and other games. Western entertainers will be set up throughout the park, with music, trick roping and real Texas Longhorns. (Brenham Banner, TX)
4-Star Stocks Poised to Pop: Hansen Natural Jul 1, 2009
Coca-Cola (NYSE: KO). PepsiCo (NYSE: PEP). (MSNBC -- Business)
F&N, Coca-Cola extend agreement Jul 1, 2009
PETALING JAYA: Fraser Holdings Bhd (F signed a transition agreement with The Coca-Cola Co to sell Coca-Cola and Sprite soft drinks in Malaysia for a further 20 months ... In a separate statement, Coca-Cola said it would continue to bottle, distribute and sell brands from Fthe markets in Singapore and Brunei over the same period ... The transition agreements, which will run for 20 months, will allow Coca-Cola and Fndependently pursue opportunities in categories other than sparkling... (The Star Online, Malaysia -- Business)
COLUMN: Cavities and the many causes of tooth decay Jun 26, 2009
Soft drinks such as Coca Cola and Pepsi have a very large concentration of sugar. Energy drinks may have even more sugar. (Malden Observer, MA)
Coke eyes "organic" growth for juice business in China Jun 25, 2009
BEIJING, June 25 -- Coca-Cola Co, the world's largest beverage maker, will focus on organic growth for its juice business in the country and focus on its own juice brand, Minute Maid, a top executive said yesterday ... 4-billion bid for Huiyuan Juice recently, said Doug Jackson, Coca-Cola's president for China, during the opening ceremony of a new bottling plant in northwestern China ... Coke and COFCO Coca-Cola Beverages Ltd, a joint venture with China's largest agriculture product enterprise... (Xinhuanet, China)
Home Depot: Which way for international growth? Jun 23, 2009
Contrast that to Georgia s other large companies, such as Coca-Cola and UPS, which operate in some 200 nations. But the home-improvement business is NOT the same as selling carbonated soft drinks or moving packages. (Atlanta Journal-Constitution -- Business)
Plexus wins Coca-Cola work for new drink machine Jun 16, 2009
Neenah-based Plexus (NASDAQ: PLXS) will partner with Atlanta-based Coca-Cola (NYSE: KO) to manufacture a proprietary fountain dispenser called Coca-Cola Freestyle. Coca-Cola will use Plexus' global supply chain, manufacturing service and expertise in engineering services to bring the product to market. (Milwaukee Business Journal, WI)
PacBev remains most likely suitor for pricey Foster's May 29, 2009
3 per cent stake in Foster's Group, but Credit Suisse reckons Pacific Beverages, the alcohol joint venture between Coca-Cola Amatil and SABMiller, remains the most likely acquirer of Foster's ... That could help ease funding pressures, and the potential help of Amatil's largest shareholder, the Coca-Cola Company, could also provide a boost. (Sydney Morning Herald -- Business)
Trace Amount Of Cocaine Found In Red Bull May 27, 2009
If this is true, then let's have Coca-Cola move to the same plant and go back to the good ol' days of the original Coke formula. Jokes aside (and there are plenty), you'd have to drink so much to get any kind of 'effect' that you'd die from a number of other problems related to drinking that much cola long before you'd get your 'high. (CBS News)
Google world's top employer May 25, 2009
Soft drinks majors Coca-Cola and PepsiCo have been placed at the 19th and 20th spots in the list of 100 top employers for MBAs. Read business stories in. (India Times)
Huckaby: Tell your congressman no on soda tax May 24, 2009
I'm not suggesting we go that far, but I don't think we should stand by quietly and let them put a tax on Coca-Colas. It probably would harm the economy in the long run because if people like me have to spend more money to get their daily Coca-Cola fix they would have less to spend on other necessities, like food, clothing and shelter ... Just say no to the tax on Coca-Cola. (Athens Banner-Herald)
Coke pops the cork on latest growth figures May 23, 2009
THE economic downturn has had little impact on Coca-Cola Amatil, which is predicting high single-digit growth in earnings before interest and tax for the first half ... He said organic growth, rather than acquisitions, remained his company's main focus, but in a few years Amatil might be interested in buying the Coca-Cola bottling licences in Malaysia and Singapore. (Sydney Morning Herald -- Business)
Congress weighs 'sin' tax on sodas May 20, 2009
COCA-COLA NEWS Latest Headlines. Not surprisingly, companies like Atlanta-headquartered Coca-Cola Co. are sour on the potential of a so-called sin tax on their products ... Officials from Coca-Cola declined to comment, instead referring questions to Keane s group. (Atlanta Journal-Constitution)
Britvic fizzes with profit rise May 20, 2009
Coca-Cola Enterprises is the UK's largest soft drinks maker. Bookmark with. (BBC News -- Business)
Saturday Thumbs May 16, 2009
Thumbs down: Oregon corrections officials spent 773,000 last year on a contract with Coca-Cola to provide soda pop for the some 14,000 inmates in the state prison system. We d bet few taxpayers knew about that expenditure. (Longview Daily News, WA)
Drinkers go dry at the tills May 15, 2009
SAB would work closely with Coca Cola South Africa to boost its sales and expand its retail footprint. SAB's parent company, SABMiller, said that group profit dropped 7 percent to $1. (Business Report, South Africa)
Group objects to Oregon inmates being served soda pop May 13, 2009
Oregon Corrections Department spokeswoman Liz Craig said the state has an exclusive contract with Coca-Cola to provide soda pop to the 14,000 inmates in the prison system. At some institutions, she said, inmates can choose from six Coca-Cola products. (Longview Daily News, WA)
Senate Considers Federal Tax On Soda May 13, 2009
Susan Neely of the American Beverage Association, which represents Coca-Cola Co., PepsiCo Inc. and others, that the tax would hit poor Americans hardest and would not lower consumption. "Taxes are not going to teach our children how to have a healthy lifestyle," she said. (CBS News)
PepsiCo sues Pepsi Bottling over meeting May 12, 2009
COCA-COLA NEWS Latest Headlines. Purchase, N.Y.-based PepsiCo said in the suit filed in Delaware against Pepsi Bottling and the bulk of its board of directors the action should be invalid. (Atlanta Journal-Constitution -- Business)
Sitting on the fence is not a bad idea May 9, 2009
Once upon a time it would have been heresy to suggest that Wieland Homes is a better barometer of Atlanta s economy than Coca-Cola. But our community s No. 1 product not to be confused with hometown pride is homes, not soft drinks. (Atlanta Journal-Constitution -- Business)
