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Coke Enterprises shares slide after warning

Thomson ReutersJune 11, 2013 12:34

(Reuters) - Coca-Cola Enterprises Inc <CCE.N> shares fell after the company warned that persistent economic weakness in Europe, bad weather, a sharp excise tax increase in France and fierce competition in Britain have dampened its outlook for the second quarter. Shares of the European bottler of Coca-Cola <KO.N> drinks fell 3 percent in morning trade to $36.06 on the New York Stock Exchange after it said those factors have been "unexpectedly persistent".

Pepsi to march in, as foreign troops leave Afghanistan

Thomson ReutersMay 20, 2013 12:15

KABUL (Reuters) - PepsiCo will open its first plant in Afghanistan in 2014, its Afghan partner said on Monday, the same year foreign troops complete their withdrawal from the country after 13 years of war. "It will go on stream in 2014," Hamed Kakar, head of marketing for Dubai-based Alokozay, which has an exclusive bottling agreement with PepsiCo in Afghanistan, told Reuters.

Coca-Cola 'recipe' finds teen buyer -- at $15 million

Agence France-PresseMay 16, 2013 15:15

What could be a World War II era recipe for Coca-Cola's secret formula found a buyer Wednesday on eBay -- a 15-year-old who now has three days to come up with $15 million to pay for it. Georgia antiques dealer Cliff Kluge listed the yellowing typewritten document -- found among papers at a Tennessee estate sale -- with an opening bid of $5 million and a buy-it-now price of $15 million as a publicity stunt.

Coca-Cola 'recipe' finds teen buyer -- at $15 million

Agence France-PresseMay 16, 2013 15:00

Coca-Cola 'recipe' finds teen buyer -- at $15 million

Agence France-PresseMay 15, 2013 20:45

PepsiCo testing new fountain equipment following Coca-Cola's Freestyle

The Canadian PressMay 10, 2013 11:31

NEW YORK, N.Y. - PepsiCo says it plans to start testing new fountain equipment at restaurants that offers nearly 100 different flavour combinations. The test follows Coca-Cola's introduction in 2009 of its Freestyle machine, which also lets customers touch a screen to pick from a wide array of flavour combinations. PepsiCo's test, set to begin at five restaurants in Denver, was first reported by the industry tracker Beverage Digest.

Push to promote coca-based food by Bolivia's president fails to win over palates

The Canadian PressMay 10, 2013 06:16

VILLA TUNARI, Bolivia - Since taking office seven years ago, President Evo Morales has tried to persuade the world that he has no tolerance for cocaine and that Bolivia's thousands of acres of coca plants can be dedicated to such traditional uses as fighting fatigue as well as whipping up wholesome treats like sweet breads and coca puffed snacks.

Coca-Cola promises to make diet drinks more widely available around the world

The Canadian PressMay 8, 2013 09:35

NEW YORK, N.Y. - Coca-Cola says it will make lower-calorie options and clear calorie labeling more widely available around the world, intensifying a push against critics who say its drinks pack on the pounds. The Atlanta-based company, which makes Sprite, Fanta and Minute Maid, already offers diet drinks in most markets. But there's no consistency in their availability, particularly in emerging markets such as China and India.

PepsiCo cuts ties with Lil Wayne after crude Emmett Till lyrics

The Canadian PressMay 3, 2013 17:45

NEW YORK, N.Y. - PepsiCo is bowing to public pressure for the second time in a week and cutting ties to Lil Wayne over the rapper's crude reference to civil rights martyr Emmett Till in a song. Lil Wayne, one of the biggest stars in pop music, had a deal to promote the company's Mountain Dew soda. Earlier this week, PepsiCo also pulled an online ad for the neon-colored soda that was criticized for portraying racial stereotypes and making light of violence toward women. That ad was developed by rapper Tyler, the Creator.

PepsiCo pulls Mountain Dew ad following criticism over racial, violent content

The Canadian PressMay 1, 2013 12:31

NEW YORK, N.Y. - PepsiCo is once again learning the risks of celebrity partnerships after an ad for Mountain Dew was criticized for portraying racial stereotypes and making light of violence toward women. The soda and snack food company said it immediately pulled the 60-second spot after learning that people found it offensive. The ad was part of a series developed by African-American rapper Tyler, The Creator, and depicted a battered white woman on crutches being urged to identify a suspect out of a lineup of black men.