Trian Fund Management L.P., owner of about $1.2 billion of PepsiCo, Inc. common shares, on Feb. 19 said PepsiCo should separate its global snacks and beverage segments into two independent public companies.
Canadian coffee and doughnut chain Tim Hortons Inc (THI.TO) reported higher-than-expected quarterly revenue on Thursday and announced a dividend increase and a share buyback plan.
Activist Investor Nelson Peltz renewed his crusade to convince PepsiCo Inc to spin off its beverage business from its flourishing snacks division, less than a week after the company poured cold water on the idea.
Reed's, maker of the top-selling sodas in natural food stores nationwide, announced today that it has partnered with Stagnaro Distributing of Cincinnati, Ohio
The Alkaline Water Company, a US-based producer of alkaline water, has partnered with Hy-Vee grocery for the distribution of its products in the country's Midwestern region.
Global sales volumes at Coca-Cola grew by less than expected in the fourth quarter, and even fell in North America, according to financial results released by the company.
KonaRed, an American superfruit beverage brand, has stepped up its retail presence in Canada, as its 16oz KonaRed Original is now available at more than 80 Save-On-Foods locations.
Indian fruit juice producer Manpasand Beverages is planning to double its production capacity, by investing around INR1bn ($16.2m) over the next one year.
Swiss-based Coca-Cola HBC , the world's No.2 bottler of Coca-Cola posted a 3 percent rise in 2013 profit on Friday, the first in three years, as cost cutting more than offset soft demand for its beverages.
Commodities trading firm Olam International Ltd posted a 12.5 percent drop in second-quarter profit on weaker sales and commodity prices, but said a rebound in coffee prices would boost the sector's performance for the rest of the year.
PepsiCo Inc, rejecting a proposal by activist investor Nelson Peltz, said it had decided not to spin off its North-American beverage business, which posted another drop in sales in the fourth quarter.
American global coffee company and coffeehouse chain Starbucks, along with Korean firm Shinsegae, has entered into a distribution agreement with Sealand Natural Resources, a functional beverage manufacturer in the country.
Home carbonation system maker SodaStream International, Ltd. today announced a strategic agreement with Skinnygirl, the lifestyle brand created by Bethenny Frankel.
