Beverage News Archives

In a year highlighted by turmoil in the credit and housing markets, Crocs Inc. and Hansen Natural Corp. via BusinessWeek

Police on Sunday arrested one of their own and another man in connection with the Christmas morning double homicide in the JFK housing community. via Virgin Islands Daily News

“It is not known at this time how big a stake Coke is taking or if there will be any change in Honest's distribution”

Coca-Cola may be close to snagging interest in a boutique tea company. Trade journal Beverage Digest , citing sources familiar with the matter, said Coke is close to "making an investment" in Honest Beverages, ... via CSP

BUSINESS NEWS MONDAY 31 DECEMBER 2007 As we look back on the past year and look forward to the next, there are clearly huge challenges for our economy Fifty thousand long-suffering Equitable Life policyholders ... via UTV

Evelyn M. Rusli , Wall Street extended its Santa Claus rally in an abbreviated session, even though its morning catalyst ended up with a lump of coal in its stocking. via Forbes

One of the biggest problems I encounter in regards to cooking has nothing to do with my cooking. via Journal Gazette

“Finally, some of this stuff is becoming profitable”

After the hippies, the tree-huggers, the politicians and the entrepreneurs, corporate executives also are starting to figure out that the environment really is important. via Palm Beach Post

Cheers to the New Year with a full-flavored craft beer. A recent survey conducted by GfK Roper Public Affairs and Media found that men prefer craft beer as their drink of choice when the ball drops on New Year ... via Business Wire

“The question was how to make fernet a friendlier drink”

BUENOS AIRES - A century ago Italian immigrants poured into Argentina looking for a new start, their heads full of dreams and their arms full of a medicine-smelling Italian liqueur. via Chicago Tribune

“Consistency is the number one rule in building a brand”

The jolly old elf 's disappearing act in marketing suggests he's losing his magic Hollie Shaw, Financial Post Published:A 4 hours ago Santa Claus, like the mythical Easter Bunny and Tooth Fairy, is not ... via Montreal Gazette

A Goshen company once again will offer free cabs rides to bar patrons who've had too much to drink on New Year's Eve. via The Journal News

“The opportunity to create original content appealed to us and we think consumers will enjoy the results of these efforts.”

December 28, 2007 Coca-Cola North America said today it has signed a two-year deal to promote its waters, juices and juice drinks, teas, energy and sports drinks and other products on ExerciseTV. via Brandweek

Coca-Cola Co., the world's No. 1 soft drink company, said Friday it has a two-year sponsorship agreement with Exercise TV, an on-demand fitness network. via CNN

Air guitar champ William Ocean will never be mistaken for Bob Uecker. But the relationship both men have with Miller Brewing Co. via Reading Eagle/Reading Times

Leada Gore, Editor I've never been very big on New Year's resolutions. I think this is because my birthday is in January, so my "holiday season" didn't really end until the middle of the month or so. via Madison County Record

“With Chinese medicine, it is all about balance”

Colleen Cheng and Angel Chen, Chinese marketing executives in their 30s, should be the ideal customers for U.S. and European drug makers. via Globeinvestor.com

“Linking up would be a positive for Coke.”

Coca-Cola Co. is close to making an investment in up-and-coming soft drink maker Honest Tea for an undisclosed amount, according to a published report. via CNN

EXECUTIVE

James Harris, MedCath Corp.'s chief financial officer, is jumping over to Coca-Cola Bottling Co. Consolidated next year to hold the same position at the larger Charlotte company. Harris has served on the bottler's board since 2003. He succeeds Steven Westphal, who is being promoted to executive vice president of operations and systems, Coca-Cola Bottling announced.Also based in Charlotte, MedCath operates in 15 states with 4,500 employees and about $706 million in annual revenue.

Coca-Cola is the nation's second largest bottler, operating primarily in the Southeast in 11 states with 6,000 employees and about $1.43 billion in annual revenue. -- Christopher D. Kirkpatrick Read more

“The major accounting firms really heavily promoted these (Son of Boss shelters)”

The Internal Revenue Service and members of the family that runs Perinton-based Constellation Brands Inc., the world's largest wine producer, could be heading toward settlement over allegations that the family ... via Democrat & Chronicle

“The tree is an attraction to the Nigerian skyline and will fascinate national and international observers this festive season and after”

COLA recently introduced three novel initiatives in Nigeria, one of which was designed for the entire African continent. via Guardian Newspapers

“We look at that as being an opportunity both in terms of advancing projects faster than Alberta and I think there's a resource base that we can exploit using our technology.”

- PetroBank Energy and Resources Ltd. (TSX:PBG), which plans to expand its foothold in Alberta's oilsands next year, will be able to do so at half the cost of other operators thanks to its patented technology, the company's vice president for heavy oil said Monday.

"We're using an in-situ combustion project that eliminated the use of water. We don't use natural gas. And by not having to generate steam to inject in the ground to produce oil, we really cut the capital costs tremendously," Chris Bloomer said in an interview. Read more

Oregonians hoping for a White Christmas got their wish. A Christmas Day storm brought snow flurries to the Portland area. via KXLY-TV Spokane

Leading personalities who died in 2007: POLITICS -- Bo Yibo, veteran of China's communist revolution, at 98 in Beijing . via Pretoria News

“This is far less about the science than it is about the politics. We have been the target of unfair criticism by people who are using us to push a political agenda”

The gate of the Coca-Cola bottling plant in this remote village is locked. Weeds grow around warehouses that have been idle since 2004, when the local government ordered Coke to halt operations. via Austin American Statesman

“This is when we have the chance to vary because we eat stuff we never eat all year. So why not benefit from it? Just be selective.”

- The holiday imperative to eat, drink and be merry has often appeared as anathema to the health-conscious, but dietitians say it can actually provide a good guide to making the most of the season.

Alas, health professionals also stress moderation when navigating those holiday buffets and turkey dinners.

"Don't restrict yourself in terms of what you like," said Melanie Maurus, a dietitian based in Rigaud, Que., west of Montreal. "Go for your favourite little entree and savour that platter." Read more

Coca-Cola Bottling Co. Consolidated said Thursday that James Harris will be joining the company as chief financial officer effective Jan. via Market Watch

“Most activist shareholders openly disclose what they're concerned about and what they're happy about”

Cheesecake Factory shares jumped over 10% on Wednesday after the Federal Trade Commission said it has given antitrust approval to Nelson Peltz's Trian Star Trust for a transaction with the restaurant chain. via Forbes

PURCHASE, NY - December 17, 2007 - PepsiCo has released its Performance with Purpose Corporate Sustainability Report for 2006-2007. The online report charts the company's progress in Human, Environment and ... via CSRwire.com

Research and Markets has announced the addition of Euromonitor International's new report: Bottled Water in Norway to their offering. via Business Wire

Pammal, Dec 23: Indra Nooyi, the chairman and chief executive officer of the food and beverages major, PepsiCo, has said that the company's products are the safest in the entire range of products in the food ... via Daily India

Quilmes Industrial Societe Anonyme announced today that it received notice that the board of directors of Companhia de Bebidas das Americas - AmBev has approved a plan to make a voluntary tender offer to ... via The South Mississippi Sun Herald

Holiday celebrations have many important ingredients - family, friends and good times. via ZanesvilleTimesRecorder.com

“I think I know a little something about winning elections”

Posted on 12/21/2007 11:51:11 PM PST by 2ndDivisionVet About the nicest adjective some analysts have applied to Republican presidential candidate Fred Thompson is he's laid back. via Free Republic

“There are huge opportunities in the beverages segment. We are looking at expanding our portfolio of drinks that will cater to people of all ages.”

Agencies Posted online: Saturday , December 22, 2007 at 1717 hrs IST Chennai, December 22: Food and beverages major PepsiCo's high profile Chairman and CEO Indra Nooyi while being bullish on the beverages ... via Express India

“PepsiCo subsidiaries in the Middle East, India and western Europe are taking various initiatives in this regard. The entire company has bought the concept of performance with purpose”

Beverage and snack major PepsiCo plans to introduce new products in 2008 while battling a global rise in commodity prices, its Indian American CEO Indra Nooyi said here Saturday. via Earth Times

Companhia de Bebidas das Americas - AmBev announced today that its board of directors has approved a plan to make a voluntary offer to purchase any and all Class A shares and Class B shares ) of its subsidiary ... via Earth Times

Mr. Morera succeeds Graham Hetherington, who resigned effective December 31, 2007 to pursue other opportunities. via PR-inside.com

Anheuser-Busch says a program giving free admission to Busch Gardens and Water Country USA to members of U.S. and coalition armed forces and their families has been extended through 2008. via WTOP

SABMiller plc and Molson Coors Brewing Company today announced that they have signed the definitive transaction agreement for the combination of the U.S. and Puerto Rico operations of their respective ... via Business Wire

Last month, Canadian authorities launched a similar probe into price fixing at the Canadian units of major chocolate makers Nestle SA, Cadbury Schweppes PLC, Hershey Co. via Globeinvestor.com

Billionaire Bill Gates has taken a stake worth $392 million in Mexican brewer Femsa, according to a U.S. Securities and Exchange Commission filing on Thursday. via Reuters

“The company does not have a contractual or implicit obligation to take this action or provide additional support to the funds”

SunTrust Banks Inc. said Thursday its fourth-quarter results will be affected by market value declines, among other things, and it is buying $1.4 billion of securities in two of its money market funds to ... via The Macon Telegraph

Consolidated today announced that James E. Harris will be joining the company as Senior Vice President, Chief Financial Officer effective January 25, 2008. via PR-inside.com

Agencies Posted online: Thursday , December 20, 2007 at 1545 hrs IST New York, December 19: Reaffirming the now unmistakable presence of Indians in the World Inc, two multinationals PepsiCo and Vodafone, which ... via Express India

“The one we will get will be our favourite”

A spokesperson for the company told BeverageDaily.com that the group had yet to pick which of the two brands it wanted to acquire, reflecting the age-old problem of spending months discussing a possible ... via Food And Drink Europe

“Michael Domecq will serve his sentence and looks forward to returning to his family.”

Michael Domecq's criminal journey took him from Larchmont to Europe to a federal prison cell in Brooklyn. via Journal News

The Colorado brewer who purchased the Frederick Brewing Company last year now plans to move all of his company's production to Frederick. via WTOP

The business, which is to be de-merged into a separate entity called the Dr Pepper Snapple Group , is expected to post like-for-like sales growth of between four to five per cent for the fiscal 2007, the ... via FoodNavigator

“We've got ample room to bring in more fermenters as we need them.”

Drink up now, Charlottesville, so you can say you drank it when. Crozet-based Starr Hill Brewery announced today that the company has reached a distribution deal with megabrewer Anheuser-Busch to distribute ... via The Hook

Britain's Takeover Panel on Monday set a Jan. 21 deadline for Carlsberg A/S and Heineken NV to make a firm offer for British brewer Scottish & Newcastle PLC. via PR-inside.com

“But that doesn't mean that the pressure isn't there.”

- Sleeman Breweries has replaced four senior executives, including president Rick Knudson, the company's chief executive said Tuesday.

Knudson, appointed president and chief operating officer in January 2003, is being replaced by Kenny Sadai from Japan's Sapporo Breweries Ltd., which bought the Guelph, Ont.-based beer maker last year and took it private.

Sadai has 20 years experience at Sapporo, which purchased and took private Guelph, Ont.-based Sleeman in 2006 in a deal valued at about C$400 million. Read more

“I find that 7Up from a glass bottle is most tasty. Don't you?”

Ammar Yazji stands in front of empty Pepsi and 7-Up bottles in his factory in Gaza. via Time

Nelson Peltz's Trian vehicle threatens to call for management changes at Cadbury unless the bottom line improves next year Marcus Leroux Trian Fund Management, the investment vehicle of the activist investor ... via Times Online

“The brewer who can provide a more refreshing and drinkable craft style can stake out a whole new niche in the market”

Miller Brewing Co. will test market three new versions of Miller Lite as the brewer tries to cash in on a growing consumer preference for craft beers. via The Arizona Daily Star

Sign-up Now for a Free Test Drive of a New Sales Prospecting and Leads subscription services. via The San Francisco Business Times

“A holiday meal can be up to 4,000 calories. And 3500 calories is one pound, so you're gaining a pound from just one meal”

The average American gains between one and seven pounds during the holiday season, according to the American Dietetic Association. via WKYC-TV Cleveland

“There is no doubt that the whisky industry will be directly affected by climate change.”

Edinburgh, Dec.17 : The overflow of millions of gallons of seawater, caused by global warming, could wipe out some of the most famous names in the whisky industry, scientists have warned. via Newkerala.com

“The brewer who can provide a more refreshing and drinkable craft style can stake out a whole new niche in the market. That's what we intend to do.”

Miller Brewing Co. announced Friday that it plans to test market the Miller Lite Brewers Collection, a trio of craft style beers that are lower in calories and carbohydrates than other craft beers, beginning in ... via The Birmingham News

“We do not believe our '08 view is because we're starry-eyed about vitamin water, cost-cutting, or new management”

Coca-Cola Enterprises Inc gave its 2007 earnings estimate a healthy boost on Wednesday, partly by adding Glaceau vitaminwater to its system, sending the bottler's shares up nearly 6 percent. via People's Daily Online

“It fills a void for the consumer. It's mixable or great by itself.”

One item may be missing from holiday parties this year: George Dickel Whisky No. via Athens Banner-Herald

“The rating action reflects our view that the proposed demerger of Cadbury's U.S. beverages business is likely to result in a business risk profile and debt credit metrics that will not be materially different to those shown in the past three years”

Standard & Poor's Ratings Service on Thursday affirmed the credit ratings of confectioner Cadbury Schweppes PLC, saying the company's plan to divest its U.S. beverages unit will probably not change its credit ... via International Business Times

“The beer category is having this huge surge of interest in full-flavored beers”

In the days when Bud was king, craft beer brewers saw themselves as artists, not executives. via Knoxville News Sentinel

Redpoint Bio Corporation , a company developing ingredients to improve the taste of pharmaceutical, food and beverage products, today announced that it has signed a research agreement with The Coca-Cola Company ... via Business Wire

“Obviously the world is not yet flat”

One of the most talked-about books of the last two years was "The World is Flat," in which author Thomas Friedman argued that borders between countries were becoming less and less important. via Sympatico Finance

Added to the index are Hologic Inc , Focus Media Holding Ltd , Hansen Natural Corp , Steel Dynamics Inc and Stericycle Inc . via WNED.org

“It's harder to see the borders now”

National Association of Software and Services Companies Chairman and Vice Chairman of Cognizant Technology Solutions Lakshmi Narayanan is seen during a press conference in Bangalore, India in this July 25, 2007 ... via The Ledger

“I think Yum has made a little history in the fight against hunger”

For a week this past year, Yum Brands Inc. orchestrated a global effort to assist the U.N.'s World Food Programme in feeding the hungry. via International Business Times

URBANA – Premium Brands Ltd., the Anheuser-Busch distributor in Champaign, has agreed to be sold to the company that distributes those products in Decatur and Springfield. via News-Gazette Business Stories

WHITE PLAINS - A woman who extorted a former executive of The Pepsi Bottling Group Inc. via Journal News

Job Description: Brown-Forman Corporation is an independent, publicly-traded producer and marketer of premium spirits, wines, and other adult beverages, including Jack Daniel's Tennessee Whiskey, Finlandia ... via Wine Business Online

“It's harder to see the borders now”

The ascension of Indian-born leaders like Vikram Pandit, the new CEO of Citigroup Inc., tracks the economic rise of their home country, once seen by U.S. business as a large market and a source of low-cost ... via Time

The government of Sweden is moving forward with its plan to sell state-owned Vin & Sprit, and prospective buyers such as Bacardi International are vying to close the deal sometime next year. via Virgin Islands Daily News

“The American craft brewer is responsible for full-flavored beer.”

"When this industry started, it was started by a bunch of engineers and home brewers," said Alan Newman, chief executive of Vermont-based Magic Hat Brewing Co. via MSNBC

Pepsi Bottling said Thursday that while commodity costs are pinching, it expects to post a healthy increase in profit this year -- and for the next few, to boot. via MarketWatch

Pepsi-Cola Batavia Bottling Corp. is being bought by the Pepsi Bottling Group , giving the soft-drink maker more territory in six Western New York counties. via Business First of Buffalo

“I know he'll play a key role helping us maintain -- and step up -- our leadership in innovation, developing products that meet the ever-changing needs of today's consumers.”

Mehmood Khan to the newly-created position of chief scientific officer, reporting to Indra Nooyi, chairman and chief executive officer. via Snack Food/Wholesale Bakery