PepsiCo, Inc.'s (PEP) shares, first written about here on March 13, 2009, at a price of $48.62, have exhibited sideways action in the past three months, but I still like the shares at this stage.

Also, as noted earlier, if you're in near $48, feel free to consider taking some profits off the table with PEP.

Those investors can who tolerate the risk can maintain their full position and go for a larger gain, but keep in mind the journey to $80 probably will not be completed in 2011.

Continue reading PepsiCo: A Global Growth Play

PepsiCo: A Global Growth Play originally appeared on BloggingStocks on Fri, 28 Jan 2011 16:30:00 EST. Please see our terms for use of feeds.

Soft drink giant The Coca-Cola Company (KO) announced today that it had recalled 22,000 sets of themed glasses that were painted to look like cans of the company's soft drinks.

The 16-ounce glasses have been sold since March both online and in retail stores, but have been detected to contain low levels of cadmium on the outside of the glass which has been painted to look like a can of Coke.

Continue reading Coca-Cola Recalls 88,000 Drinking Glasses

Coca-Cola Recalls 88,000 Drinking Glasses originally appeared on BloggingStocks on Mon, 22 Nov 2010 16:30:00 EST. Please see our terms for use of feeds.

Shares of the world's largest soft drink maker, Coca-Cola Company (KO), are trading lower this morning, despite better-than-expected earnings for the company's first quarter.

Analysts had forecast earnings of 74 cents per share, and the company outpaced estimates with reported earnings of 80 cents per share, excluding special items. The company reported earnings of 64 cents per share during the same period last year.

Continue reading Coca-Cola Beats Earnings Estimates but Revenues Fall Short

Coca-Cola Beats Earnings Estimates but Revenues Fall Short originally appeared on BloggingStocks on Tue, 20 Apr 2010 11:30:00 EST. Please see our terms for use of feeds.

Soft drink giant Coca-Cola Co. (NYSE: KO) reported its third quarter numbers this morning, and managed to beat out analyst estimates, but shares are still selling off in early morning trading.

The reason why the market is punishing the stock is because its revenues were softer than analysts had been expecting to see. For the quarter, revenues came in at $8.04 billion, which was shy of the $8.11 billion that Wall Street was expecting to see from the company.

Continue reading Coca-Cola (KO) beats earnings estimates, but revenues fall short

Coca-Cola (KO) beats earnings estimates, but revenues fall short originally appeared on BloggingStocks on Tue, 20 Oct 2009 10:20:00 EST. Please see our terms for use of feeds.

Continue reading Coca-Cola third quarter earnings preview

Coca-Cola third quarter earnings preview originally appeared on BloggingStocks on Mon, 19 Oct 2009 18:00:00 EST. Please see our terms for use of feeds.

Continue reading PepsiCo earnings preview

PepsiCo earnings preview originally appeared on BloggingStocks on Tue, 21 Jul 2009 18:00:00 EST. Please see our terms for use of feeds.

Coca-Cola Co. (NYSE: KO), the beverage giant with the world's most valuable brand according to BusinessWeek, reported earnings before the market opened today. Earnings per share for the second quarter of 2009 were $0.92 after items on $8.27 billion in revenue, compared to the $0.89 average EPS expected from analysts. The consensus revenue target was $8.66 billion, meaning that Coke missed on the top line even though global unit case volume increased 4%, driven by a 33% increase in India and a 14% increase in China. The company said they increased market share for the eighth consecutive quarter.

Shares fell slightly more than 1% in early trading, after rising yesterday.

Continue reading Coca-Cola earnings down, but developing markets a bright spot

Coca-Cola earnings down, but developing markets a bright spot originally appeared on BloggingStocks on Tue, 21 Jul 2009 13:20:00 EST. Please see our terms for use of feeds.

Continue reading Coca-Cola is still the real thing

Coca-Cola is still the real thing originally appeared on BloggingStocks on Fri, 20 Feb 2009 16:20:00 EST. Please see our terms for use of feeds.

Continue reading Coca-Cola (KO) has better than expected fourth quarter

Coca-Cola (KO) has better than expected fourth quarter originally appeared on BloggingStocks on Thu, 12 Feb 2009 10:40:00 EST. Please see our terms for use of feeds.

Continue reading Coke (KO) moving up nicely following Q3 earnings

Coke (KO) moving up nicely following Q3 earnings originally appeared on BloggingStocks on Wed, 15 Oct 2008 13:00:00 EST. Please see our terms for use of feeds.

Continue reading No one ever went broke holding Coke (KO)

No one ever went broke holding Coke (KO) originally appeared on BloggingStocks on Fri, 26 Oct 2007 09:30:00 EST. Please see our terms for use of feeds.

The company has not given us any guidance as to what we can expect, but Wall Street analysts are expecting to see the company come through with earnings of 96 cents per share, and revenues of $9.9 billion. The last time the company reported earnings was back on July 24 when it surprised to the upside by reporting 94 cents per share, five cents higher than analysts were predicting.

If the company is able to beat estimates tomorrow morning, it will be the sixth straight quarter in a row of above-estimate earnings. In fact, PepsiCo has only reported earnings underestimates one time in the past 15 earnings announcements -- in Q1 2006 the company failed to hit its estimates of 58 cents a share by only reporting 56 cents for the quarter.

Continue reading PepsiCo (PEP) third quarter earnings preview

PepsiCo (PEP) third quarter earnings preview originally appeared on BloggingStocks on Wed, 10 Oct 2007 13:01:00 EST. Please see our terms for use of feeds.

PepsiCo (PEP) bets on G2, a low-calorie Gatorade originally appeared on BloggingStocks on Fri, 07 Sep 2007 11:30:00 EST. Please see our terms for use of feeds.

Coca-Cola (KO), L'Oreal (LRLCY) team up to produce beauty drink originally appeared on BloggingStocks on Tue, 28 Aug 2007 13:42:00 EST. Please see our terms for use of feeds.

Continue reading High school vending machines getting more eclectic

High school vending machines getting more eclectic originally appeared on BloggingStocks on Tue, 21 Aug 2007 18:00:00 EST. Please see our terms for use of feeds.

The Coca-Cola Co.

Earnings preview: Will Coca-Cola's earnings fizzle? originally appeared on BloggingStocks on Mon, 16 Jul 2007 15:50:00 EST. Please see our terms for use of feeds.

A Kansas federal court has ruled that a lawsuit accusing soft drink makers of selling drinks made with ingredients that can form cancer-causing benzen can go forward. The lawsuit asks that makers remove the drinks from stores, change the recipe, and offer refunds to customers who bought them.

Coca Cola Company (NYSE: KO) had been a defendant, but settled earlier this month, offering refunds and reformulating the soda. PepsiCo Inc. (NYSE: PEP) said the suit is without merit, and other defendants include Sunny Delight and Rockstar.

Here's what I don't understand: If the drinks really can cause cancer, shouldn't customers be entitled to a little bit more than a refund? It seems bizarre that all that the plaintiffs want is a refund. The soda companies involved have not conceded that their products can cause cancer.

The relatively minor requests (refunds and new formula) make this suit a pretty insignificant risk for shareholders in the companies.

Lawsuit against cancer-causing cola allowed to go forward originally appeared on BloggingStocks on Wed, 30 May 2007 20:00:00 EST. Please see our terms for use of feeds.

Coca-Cola Co. (NYSE:KO) has been running a television ad recently that features a senior citizen who has somehow gone his whole life without ever tasting a Coke. Just one sip of Coke sends him off on a frantic quest to experience everything he's overlooked during his lifetime. But the most incredible part of that ad may be the notion that someone could have never heard of Coke, let alone not had one. Coke surely ranks right up there with such American icons as baseball and apple pie.

It's not only hard to imagine someone never trying a Coke, but also that there are any unconquered markets left for the world's largest soft-drink company, at least as far as its traditional beverage offerings. That's no doubt why, like Pepsico Inc. (NYSE:PEP) and its other rivals, Coke is focusing so much of its energy these days on alternative beverages: teas, juices, energy drinks, and coffee.

Continue reading Coca-Cola earnings -- still the real thing?

Coca-Cola earnings -- still the real thing? originally appeared on BloggingStocks on Thu, 08 Feb 2007 09:43:00 EST. Please see our terms for use of feeds.

Remember the 90s? Ahh, the 90s, when I was in high school and college and we all believed that (a) bagels and cereal were diet foods and (b) drinking a Diet Coke with your pizza was a good way of cancelling out the calories.

The Coca-Cola Company (NYSE:KO) has announced that it will be releasing a new calorie-burning soft drink called "Enviga" in November, just in time to balance out your Thanksgiving dinner I suppose. That's right, I said "calorie-burning." It could be that my pizza/diet soda strategy from 1992 could finally actually work!

Enviga uses green tea extract (EGCG, which has nothing to do with an EKG, much though my mind immediately leaps there), caffeine and calcium, and the company says it is actually proven to burn calories. Investors seem cautiously optimistic and have sent the stock up a bit, about 20 cents, since the announcement.

I don't know. First of all: the packaging looks to me like those alcoholic drinks -- totally the wrong association for Coke's target market. Second, I connect calorie-burning with the fen-phen troubles of the late 90s (yep, those darned 90s again). Third, as Sarah Gim from Slashfood points out, Enviga is only "proven" to burn calories in "healthy people with a lean to normal body type" -- those that don't really need to burn any more calories. Sarah, Sarah! Don't you know that customers don't read the small print??

It remains to be seen whether Enviga will crash and burn due to confusing packaging, or it will soon be on the desks of millions of lean-to-normal female high school and college students, who are certain that they're in need of losing just five more pounds. If I know anything about their collective psychology, I'd be betting on option #2.

Coke taking 'diet soda' to a whole new meaning originally appeared on BloggingStocks on Mon, 16 Oct 2006 15:13:00 EST. Please see our terms for use of feeds.

Coca Cola (KO) and Pepsi Co (PEP), beleaguered lately with a ban on some sales in the northern Indian states of Rajasthan and Punjab due to pesticide levels, have an ally in the U.S. federal government. U.S. Under-Secretary for International Trade, Franklin Lavin, asked India recently to ensure that the two companies are treated no differently than local cola makers on environmental issues. The Centre for Science and Environment (CSE) in India has said drinks from these manufacturers contain pesticides in amounts higher than allowed by law.

Arjun Swarup at the Indian Economy Blog [via India Uncut] has a well-documented and detailed overview of the issues involved, and argues that many products that Indians consume in greater quantities than colas -- such as eggs, milk, and fruit -- are much higher in trace amounts of pesticides. Arjun maintains the CSE could spend it time better in those areas.

Continue reading Uncle Sam asks India for a level cola playing-field

Uncle Sam asks India for a level cola playing-field originally appeared on BloggingStocks on Thu, 14 Sep 2006 07:34:00 EST. Please see our terms for use of feeds.