-
Could PepsiCo Buy Out Celsius Holdings Or Monster Beverage? Why M&A In Energy Drinks Market Is Heating Up
Friday, June 24, 2022 - 1:58pm | 973As beverage companies compete to grow their non-carbonated drinks divisions, energy drink companies have often been subject to buyout rumors. A terminated distribution agreement between an energy drink company and a leading beverage company is leading to more merger and acquisition speculation in...
-
Will Coca-Cola Jump In With A Bid For Monster Ahead Of Constellation Brands?
Tuesday, November 23, 2021 - 6:58pm | 642Could an alcoholic beverage company and energy drink company team up to create a more diversified beverage play for investors? That’s exactly what could be happening according to a report. What Happened: Energy drink company Monster Beverage Corp (NASDAQ: MNST) is in talks for a deal with...
-
Watch Out Truly, Pepsi Could Be Launching A Hard Seltzer Soon
Friday, June 18, 2021 - 6:05pm | 425One of the largest beverage companies in the world could be launching products to take part in one of the fastest-growing beverage categories, hard seltzers. What Happened: A filing by PepsiCo, Inc. (NYSE: PEP) on June 14 is seeking to use the Rockstar name for beer and hard seltzer, Bloomberg...
-
PepsiCo Acquires Rockstar Energy For $3.85B
Wednesday, March 11, 2020 - 8:51am | 458PepsiCo, Inc. (NASDAQ: PEP) announced Wednesday it reached an agreement to acquire energy drink maker Rockstar Energy Beverages for $3.85 billion. What Happened PepsiCo's relationship with Rockstar dates back to 2009 when it started distributing energy drinks in North America. Under PepsiCo...
-
Coconut Water Brand Takes On The Energy Drink Industry
Wednesday, August 3, 2016 - 9:54am | 451The coconut water craze is no secret. The industry as a whole has seen a meteoric rise with nearly $800 million in U.S. sales in 2015. Coconut water is expected to be a $2 billion industry by 2019. While this pales in comparison to the $10 billion and growing energy drink industry that has seen...
-
Evan Wilson Offers Video Game Update, Offers Takeaways From GameStop Expo
Thursday, September 3, 2015 - 10:50am | 395Evan Wilson of Pacific Crest attended GameStop Corp. (NYSE: GME) exposition on Wednesday in which he observed "plenty of buzz and excitement" around the upcoming video game release slate. Wilson said that the exposition reinforced his prior thesis that 2015 will be the year when...
-
Brean Lifts Targets On Activision Blizzard, Electronic Arts And Take-Two
Tuesday, July 28, 2015 - 11:58am | 871In separate reports published Tuesday, Brean Capital analyst Todd Mitchell discussed why he is incrementally bullish on Electronic Arts Inc. (NASDAQ: EA), Activision Blizzard, Inc. (NASDAQ: ATVI) and Take-Two Interactive Software, Inc. (NASDAQ: TTWO) Electronic Arts: ‘Cleanest' Path...
-
How's The Street Reacting To Take-Two Earnings?
Tuesday, May 19, 2015 - 10:48am | 465Take-Two Interactive Software, Inc. (NASDAQ: TTWO) reported mixed fourth quarter results on Monday as the company reported a better-than-expected earnings while revenue fell short of expectations. Here is a summary of what some of Wall Street's top analysts have to say. Credit Suisse:...
-
Top Gaming Analyst Previews Electronic Arts, Take-Two & Activision Before Earnings
Monday, April 27, 2015 - 12:13pm | 660Leading gaming publishers, Activision Blizzard, Inc. (NASDAQ: ATVI), Electronic Arts Inc. (NASDAQ: EA) and Take-Two Interactive Software, Inc. (NASDAQ: TTWO) are set to report quarterly results. Here is what one of Wall Street's top gaming analysts, Todd Mitchell of Brean Capital, is...
-
BlackBerry Up On Patent Settlement, Obama Mention
Friday, November 21, 2014 - 1:49pm | 215Shares of BlackBerry Ltd (NASDAQ: BBRY) are moving higher following news of that Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) has agreed to settle its litigation with Rockstar over Nortel's patent portfolio. Google and Rockstar agreed to settle "all matters in controversy between the...
-
Grand Theft Auto V: Crazy, Violent and Gruesome Desires for Rockstar's Next Masterpiece
Monday, October 31, 2011 - 3:10pm | 942With less than two days away from the worldwide unveiling of Grand Theft Auto V, it's time to dig into the rumors, dismember the lies, and share our desires/predictions for what the next Grand Theft Auto will bring. Time For a New Setting… The most common rumors surrounding Grand Theft Auto V...
-
Goldman Sachs Maintains Buy on Hansen Natural (HANS)
Friday, September 24, 2010 - 12:20pm | 139Goldman Sachs maintains a Buy rating for Hansen Natural Corp (NASDAQ: HANS) in a research report with a $50 price target. This came after receiving the convenience store sales for energy drinks for the four weeks ending September 4. According to the report, Hansen saw overall sales growth of 16%;...