Martinne Geller – Page 3

Herbalife hires PwC as new auditor, shares up

August 24, 2021 at 10:12 a.m.

(Reuters) - Herbalife Ltd said on Tuesday it has engaged PricewaterhouseCoopers LLP as its auditor, replacing KPMG in the wake of alleged insider trading. Shares of the nutritional products company...

Green Mountain ups outlook, expands Starbucks deal

August 24, 2021 at 11:03 a.m.

(Reuters) - Green Mountain Coffee Roasters Inc , maker of Keurig single-serve brewers and K-Cups, raised its full-year earnings outlook on Wednesday after a better-than-expected second quarter and said it...

Constellation Brands sees no change in beer pricing plan

August 24, 2021 at 9:03 a.m.

NEW YORK (Reuters) - Constellation Brands Inc has not yet decided whether to raise prices on beers like Corona Extra and Modelo Especial later this year, but its chief financial...

Maker’s Mark’s big mistake fuels big profit

August 24, 2021 at 9:00 a.m.

A public relations disaster pumped up Beam Inc's first-quarter profit. Sales of Maker's Mark soared 44 percent after the company announced it would lower the alcohol content in its bourbon...

FDA looks at caffeine impact on kids after Wrigley gum

August 24, 2021 at 8:50 a.m.

(Reuters) - Wrigley's new Alert Energy Caffeine Gum has prompted the U.S. Food and Drug Administration to look into the potential impact that added caffeine may have on children and...

FDA looks at caffeine impact on kids after Wrigley gum

May 13, 2019 at 11:40 p.m.

(Reuters) - Wrigley's new Alert Energy Caffeine Gum has prompted the U.S. Food and Drug Administration to look into the potential impact that added caffeine may have on children and...

Starbucks raises outlook but shares fall

August 24, 2021 at 8:34 a.m.

(Reuters) - Starbucks Corp reported higher quarterly profit on Thursday that matched Wall Street estimates and it raised its full-year earnings forecast. The world's biggest coffee chain cited increased sales...

Coca-Cola to return some distribution to U.S. franchisers

August 24, 2021 at 2:41 a.m.

(Reuters) - Less than three years after spending billions of dollars to acquire most of its U.S. distribution operations, Coca-Cola Co is starting to sell it off again. Getting out...

J.C. Penney borrows $850 million to boost inventory

August 24, 2021 at 2:35 a.m.

(Reuters) - J.C. Penney Co Inc has borrowed $850 million from its $1.85 billion revolving credit facility to help buy inventory as the department store operator revamps its business strategy...

JC Penney hires Blackstone, Ackman willing to put up capital

August 24, 2021 at 2:25 a.m.

NEW YORK (Reuters) - Troubled J.C. Penney Co Inc has hired Blackstone Group LP's financial advisory arm to explore how best to position the firm financially, three sources said on...

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