When it needed money to fund its big 1980s expansion, Coke spun off its bottling business. Now, it's re-acquiring its largest bottler, Coca Cola Enterprises, in a transaction worth roughly $12.17 billion.
Continue reading Coke Strikes a $12 Billion Deal to Re-Acquire Bottling Business
Coke Strikes a $12 Billion Deal to Re-Acquire Bottling Business originally appeared on DailyFinance on Thu, 25 Feb 2010 11:56:00.
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Coca-Cola Enterprises,
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PepsiCo reported solid earnings Thursday of $3.77 per share in 2009, and said it sees double-digit earnings growth in 2010, which suggests a strengthening global economy in the year ahead.
Continue reading PepsiCo Sees Strong Earnings Growth in 2010
PepsiCo Sees Strong Earnings Growth in 2010 originally appeared on DailyFinance on Thu, 11 Feb 2010 11:00:00.
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The following is a round-up of news likely to affect stock prices today:
Barnes & Noble Inc. (
BKS) shares jumped more than 22% in premarket trading after billionaire Ron Burkle said Monday that his Yucaipa investment funds bought 19% of Barnes & Noble shares because they are undervalued and suggested he wants to own more than a third of the book retailer and criticized investment restrictions set up by the company.
Continue reading Stocks in the News: Barnes & Noble, Dow Chemical, Hershey
Stocks in the News: Barnes & Noble, Dow Chemical, Hershey originally appeared on DailyFinance on Tue, 02 Feb 2010 07:45:00.
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Investing
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