Emerson to buy Avocent for $1.2 billion in all cash dealOctober 6th, 2009 Emerson to buy Avocent for $1.2 billionST. LOUIS — Emerson Electric Co.
Pepsi Bottling Group signs distribution deal, invests in natural beverages brand maker O.N.E.September 22nd, 2009 Pepsi Bottling inks natural beverages dealSOMERS, N.Y. — Soft drink bottler Pepsi Bottling Group Inc.
Pepsi bottler to build Europe's largest bottling factory, worth $150 million, in RomaniaAugust 24th, 2009 Pepsi bottler to build bottling factory in RomaniaBUCHAREST, Romania — Pepsi bottling company PepsiAmericas is investing $150 million (euro105 million) to build Europe's largest bottling factory in Romania, officials said Monday. The factory will be located west of Bucharest, the capital, and will cover 30,000 square meters.
PepsiCo to build Europe's largest bottling factory, worth $150 million, in RomaniaAugust 24th, 2009 PepsiCo to build bottling factory in RomaniaBUCHAREST, Romania — PepsiCo's bottling company PepsiAmericas is investing $150 million (euro105 million) to build Europe's largest bottling factory in Romania, officials said Monday. The factory will be located west of Bucharest, the capital, and will cover 30,000 square meters.
PepsiCo and Pepsi Bottling to boost Russia stake by $1 billion over several yearsJuly 6th, 2009 PepsiCo, Pepsi Bottling invest $1B more in RussiaMILWAUKEE — Soft drink and snack maker PepsiCo Inc. announced plans Monday to boost its investment in Russia, continuing a trend of consumer companies seeking growth in emerging markets as their U.S.
PepsiCo and Pepsi Bottling to invest $1 billion in Russia over several yearsJuly 6th, 2009 PepsiCo, Pepsi Bottling to invest $1B in RussiaNEW YORK — Soft drink and snack maker PepsiCo Inc. said Monday it will team up with its largest bottler, Pepsi Bottling Group, to invest $1 billion in Russia over three years.
Pepsi Bottling Group will distribute Rockstar Energy Drink in MexicoJune 24th, 2009 Pepsi Bottling Group to distribute drink in MexicoSOMERS, N.Y. — Pepsi bottling company The Pepsi Bottling Group Inc.
Boeing, Boston Scientific, Huntsman, Kroger are among big market movers TuesdayJune 23rd, 2009 Boeing, Boston Scientific, Huntsman are big moversNEW YORK — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
Boeing Co., down $3.03 at $43.87
The aerospace giant said technical issues would again delay the first test flight of its next-generation, long-anticipated 787 plane. Kroger Co., down 2 cents at $21.76
The grocery chain's first quarter profit jumped 12.7 percent as sales of its store brands grew to 35 percent of grocery items sold.
Walgreen, GlaxoSmithKline, Barclays, Pepsi Bottling Group among big market movers TuesdayJune 2nd, 2009 Walgreen, GlaxoSmithKline, Barclays are big moversNEW YORK — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
Walgreen Co., up 48 cents at $31.62
The drugstore operator said its same-store sales rose 1 percent in May, helped by a jump in pharmacy sales. Pepsi Bottling Group Inc., up 96 cents at $34.17
The bottler lifted its full-year earnings outlook for the second time in less than two months, citing the decline of commodity costs.
PepsiCo sues Pepsi Bottling Group over approval of "poison pill"May 11th, 2009 PepsiCo sues Pepsi Bottling Group over meetingMILWAUKEE — Soft drink maker PepsiCo Inc. said Monday it is suing its largest bottler, marking the company's first move since Pepsi Bottling Group and another bottler rejected takeover bids last week.
2nd-biggest US Pepsi bottler PepsiAmericas rejects buyout offer, says it is 'not acceptable'May 8th, 2009 2nd Pepsi bottler rejects PepsiCo buyout offerMINNEAPOLIS — PepsiAmericas is joining the larger Pepsi Bottling Group in rejecting a buyout offer from PepsiCo for its two biggest bottlers in North America. PepsiAmericas Inc.
PepsiCo CEO says she still wants to buy bottlersMay 6th, 2009 PepsiCo CEO reiterates interest in bottlersMILWAUKEE — PepsiCo Inc.'s chief executive told shareholders Wednesday that the time is right to buy the soft drink and snack maker's two biggest bottlers in North America — even after one of them rejected a deal. Indra Nooyi said at the annual shareholder meeting that buying Pepsi Bottling Group and PepsiAmericas will save the company money in the long run and help it respond quicker to a changing marketplace.
Legg Mason, MGM Mirage, AK Steel, Texas Roadhouse among big market movers TuesdayMay 5th, 2009 Legg Mason, MGM Mirage, AK Steel big moversNEW YORK — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
Legg Mason Inc., down $3.90 at $18.63
Lower-than-expected revenue forced the asset manager to report a wider fourth-quarter loss, and it slashed its dividend by 88 percent. MGM Mirage, up $3.36 at $12.80
The sale of a hotel and casino helped the company report a first-quarter profit, and its CEO said demand looks to be firming.
Pepsi Bottling Group turns down PepsiCo acquisition offer, says it is 'grossly inadequate'May 4th, 2009 Pepsi Bottling rejects PepsiCo acquisition offerMILWAUKEE — Pepsi Bottling Group Inc. said Monday that it has rejected what it called a "grossly inadequate" acquisition offer from PepsiCo Inc., but analysts said that doesn't mean the deal is over, just that Pepsi needs to offer more money.
Kellogg, Kodak, MGM Mirage, Exxon Mobil, Dow Chemical are big market movers ThursdayApril 30th, 2009 Kellogg, Kodak, MGM Mirage, Exxon Mobil big moversNEW YORK — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
Kellogg Co., up $2.61 at $42.11
The world's largest cereal maker said its first-quarter profit increased on cost cutting measures and beat analyst estimates. Eastman Kodak Co., down 59 cents at $3.05
The photography pioneer said its loss tripled to $353 million in the first quarter as the economic downturn diluted demand.
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