real-time news and commentary for investors
Tuesday, Oct 15
No sugarcoating soft demand for soda
- Major beverage companies are at risk to a "structural decline" in sugar intake, concludes a Credit Suisse Research Institute report.
- Though the harmful effects of high fructose corn syrup are still being debated by the scientific community, demand for soda products is forecast to stay sluggish.
- Sector watch: Coca-Cola (KO -0.3%) and Dr. Pepper Snapple (DPS -0.8%) have been busy innovating into more health-oriented categories, while PepsiCo (PEP -0.2%) has more limited exposure to the soda backlash due to its diversified business.