-
American Beverage Association Calls Philly 'Sugar Tax' Regressive
Friday, June 17, 2016 - 8:16am | 278In a lopsided 13–4 vote Thursday, Philadelphia passed a 1.5-cents-per-ounce tax on sodas. The tax applies both to sugar-added soft drinks and artificially sweetened diet sodas. That would add $1.02 to the cost of a two-liter bottle of soda pop. There’s already an 8 percent sales tax in...
-
Associated Press Reports Philly Will Approve Sugar Tax On Sodas
Thursday, June 16, 2016 - 8:45am | 190In a Thursday morning article, the Associated Press reported that the Philadelphia City Council is expected to approve a 1.5 cent-per-ounce tax on sugary and diet beverages. The only other city with a sugar tax on sodas at this point is Berkeley, California. Similar proposals have been defeated in...
-
11 Things We Learned From Warren Buffett's Annual Shareholder Letter
Sunday, February 28, 2016 - 8:46pm | 1013Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B)'s 51st annual shareholder letter was released Saturday. Here are 11 things (in quote form) the public learned from Buffett this year. 1. "Berkshire's gain in net worth during 2015 was $15.4 billion, which increased the per-share book value of both...
-
Have A Smile? Ackman Calls Out Buffett And Munger For Coca Cola Stake, Says Sugar Is Poison
Thursday, November 12, 2015 - 10:05am | 388Bill Ackman, hedge fund manager of Pershing Square, lashed out at Warren Buffett and Charles Munger over their large stake in The Coca-Cola Co (NYSE: KO). Ackman said Coca-Cola has "caused enormous damage to society." Last week, Munger lashed out at Valeant Pharmaceuticals Intl...
-
Is Warren Buffett 'Out Of Touch' On Coca-Cola?
Friday, May 1, 2015 - 10:50am | 284Brian Sozzi of Belus Capital Advisers wrote on TheStreet, suggesting billionaire investor Warren Buffett is "completely out of touch" when it comes to his multi-billion stake in The Coca-Cola Co (NYSE: KO). According to Sozzi's research into the topic, consumer preferences around the world are "...
-
Here's Warren Buffett Singing The Coca-Cola Song
Wednesday, April 29, 2015 - 3:14pm | 335Have you ever wanted to hear Warren Buffett sing? Or perhaps play the ukulele? Now you can do both. As first posted by Fortune, a video of Warren Buffett showing off his musical skills was shown at The Coca-Cola Co (NYSE: KO)'s annual shareholder meeting. Buffett's Berkshire Hathaway...
-
Coca-Cola CEO Talks Strategy
Monday, April 27, 2015 - 7:59am | 354The Coca-Cola Co (NYSE: KO) recently declared its quarterly results which were better than Street’s estimates. However, growth for the company in the past few quarters has been a continuous challenge. Muhtar Kent, Coca-Cola chairman and CEO, was on CNBC to talk about what strategy he is...
-
Cramer: Coca-Cola Is The Conservative Way To Play 2 Huge Trends
Wednesday, April 22, 2015 - 4:52pm | 323The Coca-Cola Co (NYSE: KO) came out with better than expected first-quarter earnings on back of the price hike it did on its products. CNBC’s Jim Cramer recently weighed in on the results and discussed the impact of Coke’s deal with Monster Beverage Corp (NASDAQ: MNST). High ROI...
-
Morgan Stanley, Facebook, Coke... Some Huge Names Report Earnings This Week
Sunday, April 19, 2015 - 3:00pm | 1006Lots of blue chips will be taking their turns in the earnings spotlight this week. Wall Street analysts have high hopes for the likes of American Airlines Group Inc (NASDAQ: AAL), Facebook Inc (NASDAQ: FB), General Motors Company (NYSE: GM), Google Inc (NASDAQ: GOOGL), Morgan Stanley (NYSE: MS)...
-
Coca-Cola Has 'Accelerated Growth Potential,' Wells Fargo Says
Thursday, March 12, 2015 - 11:02am | 181In a report published Thursday, Wells Fargo analyst Bonnie Herzog commented on a recent investor meeting with The Coca-Cola Co's (NYSE: KO) management team and came away "incrementally more positive" in its ability to drive accelerated top-line growth. The analyst detailed four key takeaways from...
-
Why First Solar, SunPower YieldCo Is Like Coke And Pepsi Coming Together
Tuesday, February 24, 2015 - 3:35pm | 714Long-time rivals SunPower Corporation (NASDAQ: SPWR) and First Solar, Inc. (NASDAQ: FSLR) surged after the two rivals announced that they had formed a YieldCo. Raymond James analyst Pavel Molchanov compared this YieldCo to Duke working with North Carolina or The Coca-Cola Co (NYSE: KO) working...
-
Coca-Cola And Three Other Major Companies That Are Helping Entrepreneurs
Tuesday, October 21, 2014 - 11:00am | 827Last week, The Coca-Cola Company (NYSE: KO) announced a new program, Coca-Cola Founders, designed to help entrepreneurs take advantage of the global company’s massive reach and resources. The announcement came at Fast Company's Innovation By Design Conference. As David Butler, Coke...
-
The Coca-Cola Company's 'Surge' Comeback Causes Social Media Stir
Monday, September 22, 2014 - 12:57pm | 824Fans of the 1990s got a pleasant surprise last week when The Coca-Cola Company (NASDAQ: KO) brought back a citrus-flavored soda named Surge. It didn’t go unnoticed: The entirety of the limited supply sold out on Amazon within hours and was selling later on eBay for much higher prices....
-
Coke, Microsoft And 3 Other Big Companies That Have Used Crowdfunding
Monday, August 25, 2014 - 5:18pm | 1218Artists, musicians and entrepreneurs started the crowdfunding concept to pay for projects that could not have been made without the help of others. Having witnessed the success of some Kickstarter campaigns, one man decided to make potato salad. That campaign may have sounded like a farce, but...
-
Consider Buying Coca-Cola On The Dip For Long-Term Gains
Friday, July 25, 2014 - 3:49pm | 422Due to disappointing earnings, Coca-Cola (NYSE: KO) has had a rough couple of days. That is costing short term traders who drove the stock up earlier this month, expecting better results. For long term investors, however, the temporary dip should be looked at as an opportunity to build up a...