Mon, Jun. 6, 9:42 AM
- Coca-Cola (KO +0.4%) is expected to work out a change in strategy in the U.K. over a threatened sugar tax in the region.
- A top Coca-Cola bottler exec in Europe said the company will offer to make more low-sugar alternatives, instead of jumping into a protracted legal battle. A higher mix of waters, juices, and teas could significantly lower the tax burden.
- The sugar tax would impact half of Coca-Cola's current beverage portfolio in the U.K.
Fri, Jun. 3, 9:56 AM
- Susquehanna sizes up the Ready-to-Drink tea market after Starbucks (NASDAQ:SBUX) partners up with Anheuser-Busch InBev (NYSE:BUD) to grow the Teavana and Tazo brands.
- On a broad scale, the U.S. RTD market was $5.1B last year and showed 3% growth.
- The main players are Unilever (UN, UL) via Lipton, Arizona Beverage (private), Coca-Cola (NYSE:KO) via Gold Peak, and Dr. Pepper Snapple (NYSE:DPS) via Snapple which as a group account for 70% of sales. Teavana and Tazo have almost no market share with most sales currently coming from Starbucks stores.
- The SBUX-BUD partnership will see Anheuser-Busch InBev produce the tea products at its U.S. breweries and distribute them to about 300K convenience stores and grocery chains in the U.S.
- Analyst Pablo Zuanic provided Seeking Alpha the data.
- Previously: Starbucks finds a tea partner in Anheuser-Busch InBev (June 2)
Thu, Jun. 2, 9:24 AM
- May monthly performance was: +0.27%
- 52-week performance vs. the S&P 500 is: +5%
- No dividends were paid in May
- Top 10 Holdings as of 3/31/2016: General Mills Inc (GIS): 3.42%, AT&T Inc (T): 3.01%, Coca-Cola Co (KO): 2.95%, Campbell Soup Co (CPB): 2.79%, Exelon Corp (EXC): 2.29%, The Hartford Financial Services Group Inc (HIG): 2.25%, Heineken NV (OTCQX:HINKF): 2.16%, The Kraft Heinz Co (KHC): 1.98%, Suncor Energy Inc (SU): 1.87%, PPL Corp (PPL): 1.87%
Tue, May 24, 10:10 AM
- Coca-Cola (KO +0.3%) announces that it will create a Europe/Middle East/Africa group and reconfigure the business units in those regions to increase efficiency.
- The company also appoints Alfredo Rivera to lead the Latin America Group and John Murphy to be the chief of the Asia Pacific Group.
- The organizational moves are seen helping to support the company's bottler footprint.
Tue, May 24, 2:48 AM
- Things are continuing to deteriorate in Venezuela, where a deep recession is causing daily blackouts, bare supermarket shelves and shortages of vital medicines.
- The latest news is that Coca-Cola (NYSE:KO) consumers are no longer able to "Taste the Feeling."
- A sugar shortage has forced the company to suspend soft drink production after suppliers informed them they had run out of raw materials.
Mon, May 23, 9:39 AM
- Athlos Research forecasts food input costs will rise 1.9% over the next six months which will increase the pressure on companies to use pricing to offset the inflation.
- Strong price gains are expected in the fruits/vegetables, softs/sweetners, and oils categories - while proteins, dairy, and grainscosts are expected to fall back.
- The impact on profit varies across the sector. A negative EBIT impact from cost inflation is forecast for Coca-Cola (NYSE:KO), PepsiCo (NYSE:PEP), Cott (NYSE:COT), Dr. Pepper Snapple (NYSE:DPS), Campbell Soup (NYSE:CPB), Pinnacle Foods (NYSE:PF), and Hormel (NYSE:HRL). Foods cost inflation will have a positive impact on EBIT for Post Holdings (NYSE:POST), Dean Foods (NYSE:DF), Hershey (NYSE:HSY), and Fresh Del Monte Products (NYSE:FDP), according to the Athlos estimate.
Sat, May 21, 12:49 PM
- Laslzo Birinyi still sees underlying strength in the stock market, despite the myriad of economic, technical, and political fears holding back investor enthusiasm.
- In particular, the well-known investor has his eyes on AutoZone (NYSE:AZO) and builder NVR (NYSE:NVR) as "special situations" stocks.
- Kraft Heinz (NASDAQ:KHC) also makes the list due to its lack of volatility amid a volatile market which could indicate upside down the road. On that point, a quick screen of other consumer goods stocks like Kraft that have weathered the uneven read on U.S. consumer spending and global demand over the last month may tip off some other value picks.
- Here's ten consumer good stocks with a low recent volatility measurement, below average forward P/E ratio, and +2% dividend yield: DEO, UN, UL, CAJ, RMCF, KO, PEP, BUD, PM, PG, TM.
- Related ETFs: IYK, UGE, SZK.
Fri, May 20, 7:31 AM
- Philadelphia has the soda industry in its sights with a sugary drink tax on the agenda for the city council to vote on in June.
- Mayor Jim Kenney is in favor of the tax and is using the angle that it could be used to help fund prekindergarten programs, libraries, and public parks.
- The proposed tax is on the hefty side ($0.03/oz) and could increase prices by over 50% on some products. An alternative container tax has also been bandied around. although it wouldn't bring in the same amount of tax dollars.
- It's unclear which direction the city council will go with lobbying efforts on both sides picking up.
- Related: KO, PEP, DPS, MNST, COT.
Fri, May 20, 2:21 AM
- The U.S. soda industry faces its next threat in Philadelphia, which is weighing a tax that could raise soft drink prices by 55% to 60% on average.
- Mayor Jim Kenney is pitching the measure to pay for prekindergarten and other popular services.
- Philadelphia's city council plans to vote on the proposed tax next month, which would cover regular soda and other sugar-added beverages including energy drinks and ice tea.
- Related stocks: KO, PEP, DPS, MNST, FIZZ
Wed, May 18, 2:54 AM
- San Francisco is set to become the first U.S. city to require health warnings on advertisements for soda and other sugar-added drinks after the beverage industry failed to get a court order to stop it.
- The law goes into effect July 25 and will require that billboards and other public advertisements include the language, "WARNING: Drinking beverages with added sugar(s) contributes to obesity, diabetes, and tooth decay."
- Related stocks: KO, PEP, DPS, MNST, FIZZ
Mon, May 2, 8:12 AM
- Following the Berkshire Hathaway (BRK.A, BRK.B) annual meeting on Saturday, Warren Buffett is spending the morning with CNBC.
- On IBM: He's still a buyer of the stock, though not aggressively so. His cost basis is a little less than $170 per share vs. the current $146. He's comfortable with the company, he says, or else he wouldn't own the stock. Yes, IBM has tough competition, but it's always been so and always will be so.
- Again defending Coca-Cola (NYSE:KO): It's "illogical" to tax sugar in soft drinks and not all sugar. He says he drinks five cans of Coke a day ... "I can't imagine anyone feels better than I do."
- On American Express (NYSE:AXP): There's no question that "payments" are being attacked on all fronts by some very smart people. Losing Costco was a big deal, but CEO Ken Chenault decided the economics didn't make sense. The company is buying back about 6% of the float each year, raising Berkshire's stake in AmEx without it having to lay out a dime. It's a wonderful business, but it's not a business that's competition-free, nor will it ever be.
- Turning to Yahoo (NASDAQ:YHOO): Obviously, they deteriorated significantly, and something has to change. On Marissa Mayer's $55M golden parachute ... Severance numbers throughout corporate America are a little bit crazy.
Mon, May 2, 7:56 AM
- April monthly performance was: -0.42%
- $0.06 in dividends were paid in April
- Top 10 Holdings as of 3/31/2016: Coca-Cola Co (KO): 4.27%, Microsoft Corp (MSFT): 3.51%, Altria Group Inc (MO): 3.33%, Apple Inc (AAPL): 3.31%, AbbVie Inc (ABBV): 2.67%, International Business Machines Corp (IBM): 2.38%, McDonald's Corp (MCD): 2.09%, Cisco Systems Inc (CSCO): 1.95%, 3M Co (MMM): 1.84%, Home Depot Inc (HD): 1.81%
Mon, May 2, 7:30 AM
- April monthly performance was: +1.25%
- 52-week performance vs. the S&P 500 is: +7%
- No dividends were paid in April
- Top 10 Holdings as of 12/31/2015: General Mills Inc (GIS): 3.41%, Coca-Cola Co (KO): 2.73%, Campbell Soup Co (CPB): 2.68%, AT&T Inc (T): 2.57%, Heineken NV (OTCQX:HINKF): 2.37%, The Kraft Heinz Co (KHC): 1.98%, Eli Lilly and Co (LLY): 1.9%, Exelon Corp (EXC): 1.88%, Walgreens Boots Alliance Inc (WBA): 1.87%, PPL Corp (PPL): 1.82%
Sat, Apr. 30, 11:37 AM
- Capitalist Woodstock is being livestreamed for the first time ever. Watch here.
- Pressed (again) about how he squares his investment with Coca-Cola (NYSE:KO) with the health issues caused by too much sugar intake, Warren Buffett (BRK.A, BRK.B) says happiness is also important to health and longevity, and he chooses to get his calories "from things that make me feel good when I eat them." Munger is more direct: Questions like that are "immature and stupid."
- Unveiling preliminary Q1 numbers, Buffett takes note of a big drop in operating earnings for insurance - in part due to hailstorms in Texas - and railroads. While investment income about doubled Y/Y to $1.85B, Buffett says ignore it - it was due to the completion of the Duracell deal.
- Operating earnings of $3.737B in Q1 dipped from $4.24B a year ago. Net earnings of $5.59B rose from $5.16B thanks to that investment income.
- Asked why Berkshire has shifted to buying companies that are far more capital intensive than in the past, Buffett calls it a problem of prosperity. Small companies not needing capital can't move the needle for a company of Berkshire's size.
- Live blog at Marketwatch
Fri, Apr. 29, 3:03 PM
- Low volatility stocks are besting the broader averages this year, with the SPLV up 3% and the USMV up 4% vs. the 0.7% advance for the S&P 500.
- While the consumer staples that make up much of the low vol names are expected to do well in the rocky times seen in 2016, at 21x earnings, they're getting pricey.
- Picking through individual names though, Barclays' Jonathan Glionna has come up with a list of low volatility names which can still be deemed not expensive.
- In consumer staples: AutoZone (NYSE:AZO), Darden (NYSE:DRI), Time Warner Cable (NYSE:TWC), Clorox (NYSE:CLX), Coca-Cola (NYSE:KO), CVS, Hormel (NYSE:HRL), J.M. Smucker (NYSE:SJM).
- In utilities: Entergy (NYSE:ETR), PG&E (NYSE:PCG), PPL.
Thu, Apr. 28, 3:51 PM
The Coca-Cola Co. operates as a beverage company. It owns and markets nonalcoholic beverage brands, primarily sparkling beverages but also a variety of still beverages such as waters, enhanced waters, juices and juice drinks, ready-to-drink teas and coffees, and energy and sports drinks. It... More
Sector: Consumer Goods
Industry: Beverages - Soft Drinks
Country: United States