PepsiCo, Inc. (PEP) has announced the launch of its new reduced calorie beverage called Pepsi True, which will start selling by mid-October, initially through the e-commerce channel Amazon.com, Inc. (AMZN), before being rolled out on a massive scale.
Coca-Cola Enterprises Inc. (CCE), the world's largest marketer, producer, and distributor of Coca-Cola products and the anchor bottler for North America and Western Europe, has upgraded its earnings per share ((EPS)) guidance.
NEW DELHI: Beverages maker Coca-Cola has let go of 65 employees at bottling unit Hindustan Coca-Cola Beverages (HCCB) through a voluntary retirement scheme (VRS), even as it suspended operations at five plants citing flagging demand. The company is also exploring options to sell the company-owned bottling business. An HCCB spokesperson confirmed the development. These five factories employed 390 people and half of them are still on the rolls of the company and have yet to make a decision.
By Selerity Research: By: Brendan GilmartinCoca Cola (KO) is slated to report 3Q 2012 earnings before the opening bell on Tuesday, October 16. The results are typically released between 7:30 a.m. and 8:00 a.m. EST and will follow with a conference call at 9:30 a.m.