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Molson Coors Expects To Launch Cannabis Beverage In 2019
Wednesday, October 31, 2018 - 3:04pm | 417Molson Coors Brewing Co (NYSE: TAP) shares are surging after the beverage maker reported a third-quarter earnings beat Wednesday. What Happened Molson Coors CEO Mark Hunter said he sees the Canadian cannabis drink market as a tremendous opportunity as the company looks to pioneer the category...
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Coca-Cola CEO Talks Q2 Earnings, Downplays North American Concerns
Wednesday, July 25, 2018 - 1:43pm | 358The 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...
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Top Picks For The Rest Of 2017, Courtesy Of UBS
Friday, May 12, 2017 - 3:25pm | 802For many, it is hard to believe, but the halfway point of 2017 is inching closer, and quickly. Analysts at UBS released a mid-year report card with its top six picks for the bottom half of 2017 from six different sectors. Here is a summary of six stocks, one from each sector. As a note, the...
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Deutsche Makes A Resolution To Hold Coca-Cola, Procter & Gamble In The New Year
Tuesday, December 13, 2016 - 12:17pm | 360Deutsche Bank’s Bill Schmitz believes, despite recent underperformance, group valuation suggests the beverage segment is nearing fair intrinsic value. Approaching Fair Value The analyst expects rate hikes in 2017, a strong dollar and an improving U.S. macro environment, all of which are...
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Coke CEO Steps Down, Here's What To Expect From The Stock
Friday, December 9, 2016 - 4:34pm | 458The Coca-Cola Co (NYSE: KO) made an announcement on Friday regarding the relinquishing of office by its CEO Ahmet Muhtar Kent, effective May 1. The company also stated that chief operations officer James Quincey will take over the role of CEO in his place. Kent will continue to be the chairman of...
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Coca-Cola's Management Shakeup: Bringing 'A Knife To A Gun Fight?'
Sunday, August 16, 2015 - 1:17pm | 384Beverage giant The Coca-Cola Co (NYSE: KO) announced last Thursday that James Quincey will be the new president and chief operating officer of the company. Coca-Cola also announced Ahmet Bozer, who was earlier considered by the Street as the successor to CEO Muhtar Kent, will be retiring,...