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Started in 1870 as a small branch of its UK parent, Swire Pacific is a major player in property, beverages, aviation, marine services and trading and industries
90 U.S. Exchange stocks displayed 10%+ forward yield, $3-$33 prices, and $100M+ market caps as of November 28. Yields above 13.1% narrowed the list to 30 for comparison. (30-1)
Chinese consumers are increasingly opting for healthier drink options, including premium packaged waters and energy drinks, forgoing classic soft drinks such as Coca-Cola and Fanta, according to Patrick Healy, managing director of Swire Beverages.
Oct 17 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Tuesday: (34-0)
HONG KONG (Reuters) - China Foods Ltd (0506.HK) said it would sell its wine and other non-beverage businesses to a unit of its state-owned parent COFCO Corp in a deal valued at HK$5.07 billion ($649 million) as it aims to focus on its beverage business.
Chicago, IL – November 28, 2016 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include NIKE, Inc. (NYSE:(NKE - Free Report) –Free Report),Boeing Company (NYSE:(BA - Free Report) –Free Report),Textron Inc. (NYSE:(TXT - Free Report) –Free Report),Coca-Cola Company (NYSE:(KO - Free Report) –Free Report) and IBM Corporation (NYSE:(IBM - Free Report) – Free Report).
The Dow enjoyed another week of substantial gains following optimism about Donald Trump’s policy proposals. Meanwhile, economic data released over most of the week was encouraging. Oil prices moved higher following speculation that OPEC’s member countries and Russia were close to reaching an agreement on curtailing crude output. Additionally, prospects of the Fed hiking rates in December continued to improve.
The Coca-Cola Company (KO - Free Report) entered into an agreement to divest its bottling assets in China for 5.87 billion yuan ($852 million), as part of its refranchising strategy to focus more on its core strengths of building great brands and leading a strong, global franchise system. The agreement has been signed between Coca-Cola and its three main bottling groups in China: Coca-Cola Bottling Investments Group China (“BIG”), COFCO Coca-Cola Beverages Limited (a subsidiary of COFCO Corporation, “COFCO”) and Swire Beverages Holdings Limited (“Swire”).
Coca-Cola (NYSE:KO) says it reached a definitive agreement to sell its bottling assets in China for ~$1B, part of a global divestment drive in a bid to cut costs amid slowing soda sales.
HONG KONG Hong Kong conglomerate Swire Pacific Ltd (0019.HK) said on Friday it will acquire Coca-Cola bottling assets in China for 5.87 billion yuan ($852 million), betting on growing consumption in the mainland of non-alcoholic ready-to-drink beverages.
HONG KONG: Hong Kong conglomerate Swire Pacific Ltd is nearing the acquisition of Coca-Cola bottling assets in China from a unit of state-owned food giant Cofco Corp, people with knowledge of the matter said.
HONG KONG (Nov 17): Hong Kong conglomerate Swire Pacific Ltd is nearing the acquisition of Coca-Cola bottling assets in China from a unit of state-owned food giant Cofco Corp, people with knowledge of the matter said.
BRUSSELS The European Commission has pushed back its deadline for a decision on ChemChina's plan to acquire Swiss pesticides and seeds group Syngenta (SYNN.S) by 10 working days to March 29.
BEIJING China's Great Wall Asset Management is planning to seek five to eight foreign or domestic strategic investors in a pre-IPO funding round, Zhang Shixue, the company's general manager of strategic development said on Thursday.
LONDON Battered bonds and emerging market currencies enjoyed some respite on Thursday as the dollar took a breather from a post-U.S. election charge that has taken it to a 13-1/2 year high.