Soft Drinks

Tomorrow is Cinco De Mayo, and Mexican-Americans, Mexicans, and Americans will all be celebrating the unlikely victory of the Mexican army over the French at the Battle of Puebla on May 5, 1862, under the leadership of General Ignacio Zaragoza Seguín. While the holiday is not celebrated as much in...

The Board of Directors of PepsiCo, Inc. (NYSE: PEP) declared a seven percent increase in the company's annual dividend, from the current annual rate of $1.92 to $2.06 per share on PepsiCo common stock. The quarterly dividend of $0.515 is payable June 30, 2011, to shareholders of record on June 3...

Cott Corp (NYSE: COT) Reports EPS of $0.09 vs. $0.15 Estimate; Revenues $534M vs. $532.5M Estimate.

Most Americans have gone through a bit of an emotional roller coaster the last two days, as the news cycle around the Osama Bin Laden death wound itself down. First, there was elation and/or relief, as the news broke that American special forces troops had hunted down and killed Osama. Then came a...

ARCA biopharma Inc (NASDAQ: ABIO) jumped 62.23% to $3.05 at 9:50 am. ABIO signed a global patent rights agreement with Novartis for one of ARCA's early stage assets. Leading Brands Inc (NASDAQ: LBIX) climbed 22.55% to $3.75. LBIX's Board of Directors authorized an increase of $1,000,000 US in its...

Gabelli & Company is out with its "Focus Five" in a research report published today. For this quarter, Gabelli & Company highlighted Ascent Media (NASDAQ: ASCMA), Coca-Cola Enterprises (NYSE: KO), CVS Caremark (NYSE: CVS), Navistar International (NYSE: NAV), and Yahoo! (NASDAQ: YHOO)....

J.P. Morgan is out with its report today on Coca-Cola Enterprises (NYSE: CCE), raising its PT from $28 to $30. In a note to clients, J.P. Morgan writes, "We rate CCE Neutral. The stock is trading at 13x our 2011 EPS estimate. While other European bottlers are trading at slightly higher multiples...

JP Morgan has raised the price target on Coca-Cola Enterprises (NYSE: CCE) from $28 to $30 and maintains its Neutral rating.

Leading Brands, Inc. (Nasdaq: LBIX), North America's only fully integrated healthy branded beverage company announces that its Board of Directors has authorized an increase in its share repurchase program of an additional $1,000,000 US for the purpose of acquiring the Company's outstanding common...

In today's UBS research summary, UBS lowered the price target of Flextronics International (NASDAQ: FLEX) from $10 to $9.50. UBS increased the price targets of Arrow Electronics (NYSE: ARW) from $47 to $52, Baker Hughes (NYSE: BHI) from $87 to $95, Buckeye Technologies (NYSE: BKI) from $28 to $29...

Pre-open movers US stock futures are slightly lower this morning, as investors are awaiting key gross domestic product data and earnings reports from several companies. Futures on the Dow Jones Industrial Average dropped 6 points to 12,635.00 and S&P 500 index futures fell 1.20 points to 1,349....

Coca-Cola Enterprises (NYSE: CCE) Reports EPS of $0.33 vs. $0.33 Estimate; Revenues $1.84B vs. $1.82B Estimate

PepsiCo Inc (NYSE: PEP) reported a 20% decline in its Q1 net income. The company reported its Q1 net income at $1.14 billion, or $0.71 per share, down from $1.43 billion, or $0.89 per share, in the year-earlier period. The company's core earnings came in at $0.74 per share. The company's revenue...

Pepsico (NYSE: PEP) Reports EPS of $0.74 vs. $0.73 Estimate; Revenues $11.94B vs. $11.71B Estimate

US stock futures are mixed this morning, as investors are awaiting key gross domestic product data and earnings reports from several companies. Futures on the Dow Jones Industrial Average gained 2 points to 12,643.00 and S&P 500 index futures rose 0.10 point to 1,351.10. Futures on the Nasdaq...