Former General Motors CEO Frederick "Fritz " Henderson has found a new job, but not within the auto industry. Energy giant Sunoco has tapped Henderson to lead SunCoke Energy, a spin-off it is forming early next year, the company said Thursday.
In a move to gain a larger share of the beverage market outside of North America, Coca-Cola (KO) has bought Russian juice maker Nidan Juices, The Wall Street Journal reported Wednesday
They have some of the best-known brands in the world, growth opportunities in emerging markets and do a solid job returning cash to shareholders though dividends and buybacks -- but not all big beverage company stocks are created equal.
PepsiCo will announce its second-quarter numbers on Tuesday, and analysts expect earnings per share of $1.07 to $1.10, up from $1.02 a year earlier. If they're right, it will mark a continuation of the company's stable period of success. But PepsiCo's management is thinking bigger.
After the Dow's 261-point belly flop to end last week on what were, after all, better-than-expected bank earnings, investors may be forgiven for feeling rather queasy after checking out this week's earnings calendar, which includes 120 of the S&P 500.
Every company promises a better product -- a better burger, a better search engine, a better hotel room. For these companies, their secret for a superior product is worth millions -- or even billions.
Bottlers declared guidelines to cut sugary drinks in kids' diets a success, claiming a 95% drop in full-calorie sodas shipped to schools and a 72% cut in all drink types. Yet sales haven't suffered and childhood obesity and diabetes rates climb unabated. So what's happening to all that soda?