Nestle SA is supersizing its Nespresso machine to appeal to Americans who prefer a big mug of Joe to a dainty shot to try and win more customers in a market where it’s dwarfed by Green Mountain Coffee Roasters Inc.
Warren Buffett, speaking last April at Coca-Cola Co.’s annual meeting, warned that the beverage giant shouldn’t get complacent about its success. Ten months later, those words could come back to haunt the company.
I've had so much fun talking about convertible-financed share repurchases the last few days that I'm going to move on to talk about share-financed share repurchases, which are my even more favorite trades.
Coca-Cola Co., the world’s largest beverage company, dropped the most in more than two years after North American soft-drink demand shrank and its once- effervescent growth in emerging markets showed signs of slowing.
Money manager David Einhorn’s wager against Green Mountain Coffee Roasters Inc. was undermined after Coca-Cola Co. agreed to buy a 10 percent stake in the maker of Keurig coffee brewers, sending the shares surging.
Coca-Cola Co. agreed to buy a 10 percent stake in Green Mountain Coffee Roasters Inc. for about $1.25 billion and work with the maker of Keurig coffee brewers to introduce a system for producing single-serve cold drinks.