Coca-Cola

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Reuters - 5 days ago

U.S. Coca-Cola, Estée Lauder, Quanta Services

U.S. RESEARCH ROUNDUP-Coca-Cola, Estée Lauder, Quanta Services Sept 30 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Coca-Cola, Estée Lauder and Quanta Services on Monday. HIGHLIGHTS * Coca-Cola Co KO.N : JP Morgan raises target price to $78 from $72 * Estée Lauder EL.N : Piper Sandler raises target price to $122 from $114 * Inspire Medical Systems Inc INSP.N : Truist Securities raises PT to $240 from $217 * Low

Reuters - 1 week ago

California says Exxon's recycling claims created a 'public nuisance.' What does that mean?

EXPLAINER-California says Exxon's recycling claims created a 'public nuisance.' What does that mean? By Brendan Pierson Sept 25 (Reuters) - California's lawsuit on Monday accusing Exxon XOM.N of fueling global plastic waste pollution by misleading the public about the limitations of recycling is the latest in a line of recent cases based on a centuries-old legal theory known as public nuisance.

Reuters - 1 week ago

Indian shares drop as consumer goods stocks drag

BUZZ-Indian shares drop as consumer goods stocks drag ** India's Nifty 50 .NSEI and Sensex .BSESN drop about 0.2% each on profit-booking near record highs, and led by losses in consumer goods stocks ** Traders are booking profits after the recent record rally, and markets will remain rangebound due to lack of domestic triggers, analysts said ** Nif

Reuters - 1 week ago

Dabur India falls on report Burmans pull out of race to buy stake in Coca-Cola bottler

BUZZ-Dabur India falls on report Burmans pull out of race to buy stake in Coca-Cola bottler ** Shares of consumer goods maker Dabur India DABU.NS fall 4.5% to 626 rupees ** DABU's large shareholders, the Burmans, withdraw from race to buy 40% stake in Coca-Cola KO.N India's bottling arm, daily Financial Express reports ** Hindustan Coca-Cola Bevera

Reuters - 2 weeks ago

African Markets - Factors to watch on Sept 20

African Markets - Factors to watch on Sept 20 NAIROBI, Sept 20 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Friday. - - - - - EVENTS: *Mauritius' central bank to announce its latest benchmark lending rate decision. GLOBAL MARKETS Asian shares extended their rally on Friday, bathing in the afterglow of an outsized interest rate cut in the United States, while the yen edged higher a

Reuters - 2 weeks ago

Coca-Cola plans to invest $1 billion in Nigeria operations, presidency says

Coca-Cola plans to invest $1 billion in Nigeria operations, presidency says ABUJA, Sept 19 (Reuters) - Coca-Cola plans to invest $1 billion in its Nigeria operations over the next five years, the country's presidency said after a meeting between President Bola Tinubu and senior executives of the soft drinks maker on Thursday. Tinubu met John Murphy, president and chief financial officer of Coca‑Cola KO.N , Zoran Bogdanovic, CEO of Coca-Cola HBC CCH.L - one of Coca-Cola's many bottlers worldwid

Reuters - 3 weeks ago

U.S. Avalonbay Communities, Elf Beauty, Evercore

U.S. RESEARCH ROUNDUP-Avalonbay Communities, Elf Beauty, Evercore Sept 16 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Avalonbay Communities, Elf Beauty and Evercore on Monday. HIGHLIGHTS * Avalonbay Communities Inc AVB.N : JP Morgan raises target price to $247 from $212 * Colgate-Palmolive Co CL.N : Wells Fargo cuts to underweight from equal-weight * Elf Beauty Inc ELF.N : Piper Sandler cuts target price to $162

Reuters - 3 weeks ago

Evan Spiegel is the skunk at the founder’s party

BREAKINGVIEWS-Evan Spiegel is the skunk at the founder’s party The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Jennifer Saba NEW YORK, Sept 13 (Reuters Breakingviews) - Snap SNAP.N architect and boss Evan Spiegel gets points for frankness. In a blog post published last week, he bluntly lays out the reason for the investor chill that has dogged his $16 billion social media company’s stock price: slower advertising growth than its peers.

Reuters - 3 weeks ago

Insight Partners explores $4 bln-plus sale of Tricentis, sources say

Insight Partners explores $4 bln-plus sale of Tricentis, sources say By Milana Vinn Sept 13 (Reuters) - Private equity firm Insight Partners is exploring a sale of Tricentis, in a deal that it is hoping could value the software provider for developer applications at more than $4 billion, according to four people familiar with the matter. Insight is working with investment bank Evercore EVR.N to solicit interest from potential buyers, which include other private equity firms, the sources said.

Reuters - 4 weeks ago

European beverages: DB cuts Pernod and Remy after dismal summer for booze stocks

BUZZ-European beverages: DB cuts Pernod and Remy after dismal summer for booze stocks ** Deutsche Bank says soft drinks are the clear winner in the European beverages sector, while spirits and beer have suffered from a combination of negative estimate revisions and multiple contraction post a dismal summer ** "Brewers have not performed as well as we expected due to a combination of adverse weather in June and a lack of COGS (cost of goods sold) tailwinds," says DB ** It still sees the beer sect

Reuters - 4 weeks ago

U.S. Coca-Cola, KB Home, Newmark Group

U.S. RESEARCH ROUNDUP-Coca-Cola, KB Home, Newmark Group Sept 5 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Coca-Cola, KB Home and Newmark Group on Thursday. HIGHLIGHTS * Capital Clean Energy Carriers CCEC.O : Evercore ISI initiates coverage with outperform rating * Coca-Cola Co KO.N : CFRA cuts to hold from buy * KB Home KBH.N : RBC cuts to underperform from sector perform * Newmark Group Inc NMRK.O : KBW raises

Reuters - 4 weeks ago

Coke and Pepsi boycott over Gaza lifts Muslim countries' local sodas

INSIGHT-Coke and Pepsi boycott over Gaza lifts Muslim countries' local sodas Local brands like Cola Next and V7 see surge in demand Boycotts driven by politics, history and U.S. support for Israel Coke and Pepsi invest in local markets despite setbacks Adds link to factbox in paragraph 9 By Ariba Shahid, Jessica DiNapoli and Farah Saafan KARACHI/CAIRO/NEW YORK, Sept 4 (Reuters) - Coca-Cola KO.N and rival PepsiCo PEP.O spent hundreds of millions of dollars over decades building demand for their s

Reuters - 4 weeks ago

From apartheid to Gaza, consumer boycotts have hit major companies over the years

REFILE-FACTBOX-From apartheid to Gaza, consumer boycotts have hit major companies over the years Corrects to remove extraneous letter in paragraph 1, changes story identification tag LONDON, Sept 4 (Reuters) - Global companies including Anheuser-Busch InBev ABI.BR , Coca-Cola KO.N and Target TGT.N have suffered hits to sales and, in some cases, reputations, after shoppers boycotted their products or services over the years.

Reuters - 4 weeks ago

Coke and Pepsi boycott over Gaza lifts Muslim countries' local sodas

INSIGHT-Coke and Pepsi boycott over Gaza lifts Muslim countries' local sodas Local brands like Cola Next and V7 see surge in demand Boycotts driven by politics, history and U.S. support for Israel Coke and Pepsi invest in local markets despite setbacks By Ariba Shahid, Jessica DiNapoli and Farah Saafan KARACHI/CAIRO/NEW YORK, Sept 4 (Reuters) - Coca-Cola KO.N and rival PepsiCo PEP.O spent hundreds of millions of dollars over decades building demand for their soft drinks in Muslim-majority countr

Reuters - 1 month ago

7-Eleven Unveils Bold New Slurpee Drink Experience With Coca-Cola And Oreo

BRIEF-7-Eleven Unveils Bold New Slurpee Drink Experience With Coca-Cola And Oreo Sept 3 (Reuters) - Coca-Cola Co KO.N : 7-ELEVEN UNVEILS BOLD NEW SLURPEE® DRINK EXPERIENCE WITH COCA-COLA® AND OREO® Source text for Eikon: ID:nPn1gv6Zja Further company coverage: KO.N

Reuters - 1 month ago

Dabur, Jubilant owners bid for stake in Coca-Cola's India bottling arm - ET

MEDIA-Dabur, Jubilant owners bid for stake in Coca-Cola's India bottling arm - ET - Source link: ( https://bityl.co/RpRh ) - Note: Reuters has not verified this story and does not vouch for its accuracy (Bengaluru newsroom)

Reuters - 1 month ago

U.S. Autodesk, Elastic NV, GMS

U.S. RESEARCH ROUNDUP-Autodesk, Elastic NV, GMS Aug 30 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies including Autodesk, Elastic NV and GMS, on Friday. HIGHLIGHTS * Autodesk Inc ADSK.O : RBC raises target price to $313 from $290 * Elastic NV ESTC.N : Piper Sandler cuts target price to $100 from $131 * GMS Inc GMS.N : Truist Securities cuts target price to $90 from $95 * Nvidia Corp NVDA.O : Baird raises target price to $150 f

Reuters - 2 months ago

Turn/River Capital explores $2.5 billion sale of Redwood Software, sources say

Turn/River Capital explores $2.5 billion sale of Redwood Software, sources say By Milana Vinn Aug 20 (Reuters) - Investment firm Turn/River Capital is exploring a potential sale of Redwood Software that could value the maker of automation software at about $2.5 billion including debt, according to people familiar with the matter. San Francisco-based Turn/River has tapped Goldman Sachs GS.N to launch a sale process for Redwood that is expected to attract interest from other private equity firms,

Reuters - 2 months ago

Brewers tap growth of zero-alcohol beers in Middle East

FOCUS-Brewers tap growth of zero-alcohol beers in Middle East By Mohamed Ezz and Emma Rumney CAIRO/LONDON, Aug 15 (Reuters) - Egyptian Mohannad Abdelazeem, 35, doesn't drink alcohol. But he does consume three or four cans per day of Moussy and Fayrouz - alcohol-free beers. Brewers including Carlsberg CALRb.CO and Anheuser-Busch InBev ABI.BR say interest is growing in such booze-free brews across the Middle East and North Africa, presenting opportunities in a region with some of the lowest alcoho

Reuters - 2 months ago

Mars to buy Pringles maker Kellanova for $36 billion in 2024's biggest deal

UPDATE 8-Mars to buy Pringles maker Kellanova for $36 billion in 2024's biggest deal All-cash deal for $83.50 per Kellanova share Acquisition expands Mars' snacking platform Shares up nearly 8% in early trade Adds more background on Mars and Kellanova from paragraphs 17-25 By Anirban Sen, Savyata Mishra, Jessica DiNapoli and Abigail Summerville NEW YORK, Aug 14 (Reuters) - Family-owned candy giant Mars is buying Cheez-It maker Kellanova K.N in a nearly $36 billion deal, bringing together brands

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