beverages

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. (NYSE: STZ), according to CNBC's Jim Cramer. PepsiCo PepsiCo's acquisition of...

Rumors of a merger between PepsiCo, Inc. (NASDAQ: PEP) and Sodastream International Ltd (NASDAQ: SODA) date back to at least 2014 and were finally confirmed Monday. What Happened PepsiCo said it reached an agreement to buy Israel-based Sodastream for $144 per share, which represents a 32-...

PepsiCo, Inc. (NASDAQ: PEP) shares gained more than 1 percent Monday morning after the company confirmed CEO Indra Nooyi will step down Oct. 3. The 62-year-old executive has been with PepsiCo for 24 years and will remain in her position until early 2019. She will be replaced by Ramon...

The Coca-Cola Company (NYSE: KO) reported Wednesday its second-quarter results in which the top-and-bottom-line beat estimates on international strength, but the North American business saw a 1 percent dip in organic sales. What Happened As a whole, Coca-Cola's earnings showed strong top-line...

Dr Pepper Snapple Group Inc. and Keurig Green Mountain in January announced a merger agreement to create Keurig Dr Pepper (NYSE: KDP). What Happened The combined beverage company began trading Tuesday on the New York Stock Exchange. Why It's Important The new company has a portfolio of consumer...

Since February, aluminum prices have risen 8 percent, contributing to an 18-percent year-over-year rise related to U.S. sanctions against a Russian producer. Costs are expected to grow to an extent that could dent canned beverage distributors. The Rating Stifel Nicolaus analysts Mark Astrachan...

National Beverage Corp. (NASDAQ: FIZZ)'s fiscal third quarter earnings report sent the stock notably lower, a move that's unjustified and reinforces the bullish case over the longer term, according to Susquehanna. The Analyst Susquehanna Financial Group's Pablo Zuanic maintains a...

Monster Beverage Corporation (NASDAQ: MNST)'s weak fourth quarter sent the stock tumbling lower to a level that makes it attractive to buy, according to Deutsche Bank.  The Analyst Deutsche Bank's Steve Powers upgraded Monster Beverage from Hold to Buy with an unchanged $63...

Dr Pepper Snapple Group Inc. (NYSE: DPS) and privately owned Keurig Green Mountain Inc announced an $18.7-billion deal Jan. 29 to merge the two brands, with Dr Pepper Snapple shareholders receiving $103.75 per share in a special cash dividend and retaining 13 percent of the combined company. The...

Dr Pepper Snapple Group Inc. (NYSE: DPS)'s decision to sell itself to Keurig Green Mountain was an "unexpected" move, according to one of Wall Street's top beverage analysts. The Analyst Deutsche Bank's Steve Powers discussed the M&A deal during CNBC's "Squawk...

JPMorgan handed Anheuser Busch Inbev NV (ADR) (NYSE: BUD) a downgrade, concluding that the era of above-average growth for AB Inbev is fading.  The Analyst JPMorgan analyst Komal Dhillon downgraded her ratings on the shares of AB Inbev from Neutral to Underweight, with the price target for...

The Coca-Cola Co (NYSE: KO) introduced a new strategy to better position its business to capitalize on shifting consumer demands, including low-calorie drinks. But some investors still have legitimate concerns with the company as evidenced by declining revenue in the company's third-quarter...

Analysts at Jefferies parted ways with their bullish stance on PepsiCo, Inc. (NYSE: PEP) ahead of the company's fiscal third-quarter earnings report Wednesday. The firm's Kevin Grundy downgrades PepsiCo's stock rating from Buy to Hold with a price target slashed from $133 to $108. The overall non-...

Despite a more than 100 percent return over the past year, analysts at Susquehanna Financial Group believe there is plenty of upside ahead for Sodastream International Ltd (NASDAQ: SODA)'s stream. The firm's Pablo Zuanic maintains a Positive rating on SodaStream's stock with a price target boosted...

Analysts at Credit Suisse turned cautious on the entire U.S. beverage industry which prompted a downgrade of PepsiCo, Inc. (NYSE: PEP). The firm's Laurent Grandet downgraded PepsiCo's stock rating from Outperform to Neutral with a price target lowered from $126 to $124. PepsiCo's success over the...