beverages

Alcohol beverages maker Diageo plc (NYSE: DEO) CEO Ivan Menezes said in a Thursday Bloomberg interview the U.S. premium alcohol segment is performing "very well." Diageo's premium segment is seeing notable strength, including double-digit growth in single malts while $50 bottles...

Unilever N.V. (NYSE: UL) no longers wants to "be mother" and is looking to sell its tea business after 10 years of unsuccesfully "trying to ignite growth" What Happened Unilever CEO Alan Jope told Bloomberg the company made it clear to investors late last year it will take a...

Coca-Cola Co (NYSE: KO) started off selling just one product in one size to one market more than 100 years ago, and today it is clear consumers will never drink the same product forever, Coca-Cola CEO James Quincey said during a CNBC interview. Global Brand Consumers want variety in all aspects of...

Coca-Cola Co (NYSE: KO) said Monday it now owns 100% of high-protein milk shake maker fairlife. What Happened Coca-Cola held a 42.5% stake in fairlife but is now the full owner of the maker of Core Power. The acquisition gives Coca-Cola better exposure to the fast-growing value-added dairy category...

Coffee lovers will be treated to a PepsiCo, Inc. (NYSE: PEP) beverage next year which promises to offer twice as much caffeine compared to a traditional Pepsi, the company said in a Thursday press release. What Happened Pepsi Cafe will be offered to two consumers in two flavors, including original...

Cruise giant Carnival Corp (NYSE: CCL) announced in a press release Thursday that beverage PepsiCo, Inc. (NASDAQ: PEP) is its new preferred beverage partner. Carnival Goes With Pepsi Carnival's North American cruise ships will soon serve multiple beverages from PepsiCo's lineup,...

PepsiCo, Inc. (NASDAQ: PEP) and Keurig Dr Pepper Inc (NYSE: KDP) trade at similar valuations, which implies one of the two stocks is notably undervalued, according to Morgan Stanley. The Analyst Morgan Stanley analyst Dara Mohsenian maintains a Buy rating and $154 price target on PepsiCo's...

Morgan Stanley analysts met with The Coca-Cola Co (NYSE: KO) CFO John Murphy and the executive reinforced the case for being bullish on the stock. The Analyst Morgan Stanley analyst Dara Mohsenian maintains an Overweight rating on Coca-Cola Co with a $60 price target. The Thesis Coca-Cola showed a...

The Coca-Cola Co (NYSE: KO) and PepsiCo, Inc. (NASDAQ: PEP) both enjoy an attractive market share across attractive categories so there is "merit" to owning either stock, according to Atlantic Equities. The Analyst Atlantic Equities' Edward Lewis initiated coverage of Coca-Cola's...

Coca-Cola Co (NYSE: KO) saw its shares hit a new 52-week high Tuesday in reaction to its second-quarter results but the stock still has "a lot more room to run," says CNBC's Jim Cramer. Cramer: Throwback To The 1980s Coca-Cola's era of growth started in the 1980s when the U.S....

PepsiCo, Inc. (NASDAQ:PEP) reported Tuesday second-quarter results highlighted by every segment showing positive growth for the first time in recent memory. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts RBC Capital Markets' Nik Modi maintains...

Among consumer packaged goods companies, The Coca-Cola Co (NYSE:KO) "clearly" offers investors a superior growth profile, according to Morgan Stanley. The Analyst Morgan Stanley's Dara Mohsenian maintains an Overweight rating on Coca-Cola with a price target lifted from $55 to $57....

Monster Beverage Corp (NASDAQ: MNST) shares haven't lost their fizz despite a decision Monday that opens the door to more competition for the brand.  What Happened The Coca-Cola Co (NYSE: KO) and Monster announced Monday that an arbitration tribunal of the American Arbitration...

Shares of Keurig Dr Pepper Inc (NYSE: KDP) are trading at a valuation gap versus its peers that's not only "too large to ignore" but should narrow, according to BMO Capital Markets. The Analyst BMO's Amit Sharma upgraded Keurig Dr Pepper from Market Perform to Outperform with a...

Beverage companies The Coca-Cola Co (NYSE: KO) and Keurig Dr Pepper Inc (NYSE: KDP) trade at similar valuations, but one of the names boasts a higher growth rate and one comes with much higher risk, according to Morgan Stanley. The Analyst Dara Mohsenian maintained an Overweight rating on Coca...