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The Coca-Cola Co sees red with Coke, Diet/Light, Zero and Life pack redesigns
2016-04-19 14:25:00| Daily beverage news and comment - from just-drinks.com
The Coca-Cola Co has unveiled new packaging for its trademark brands, in an effort to use "one visual identity system" across its portfolio.
Netflix posts strong customer growth in Q1, sees slow Q2
2016-04-19 08:32:00| Telecompaper Headlines
(Telecompaper) Netflix announced first-quarter results better than expected but gave a cautious outlook for the second quarter. The company added 2.30 million new streaming customers in the US and 4.51 million at its international activities, beating its own guidance of respectively 1.75 million and 4.35 million. The total number of streaming subscribers reached 47.0 million in the US and 34.5 million elsewhere, while the company also still had 4.7 million DVD rental customers. Revenues increased 24 percent to USD 1.96 billion in Q1, with growth of 17 percent in the US and 57 percent at the international business. EBITDA fell by 23 percent, and operating profit nearly halved to USD 49 million due to the costs of international expansion. Net profit was still slightly higher due to a gain. After negative cash flow of USD 261 million, Netflix ended the period with USD 1.6 billion in cash.
Tags: customer
posts
strong
growth
PepsiCo's North America Beverages sees Q1 sales lift
2016-04-18 14:28:00| Daily beverage news and comment - from just-drinks.com
PepsiCo has reported a lift in sales and operating profits for its North America Beverages (NAB) division, though group sales and profits were down.
Tags: north
sales
america
north america
Blount International Inc (BLT) Sees Large Growth in Short Interest
2016-04-18 09:12:58| Industrial Machines - Topix.net
Blount International Inc was the target of a significant increase in short interest in March. As of March 31st, there was short interest totalling 3,328,955 shares, an increase of 249.7% from the March 15th total of 952,007 shares, MarketBeat Ratings reports.
Tags: international
large
short
interest
FCA Chief sees Ford, Toyota, VW as potential merger partners
2016-04-18 04:22:55| Automakers - Topix.net
During his long, abortive quest to forge a linkage between General Motors and Fiat Chrysler Automobiles , Sergio Marchionne , chief executive, made it widely known that he is a proponent of consolidation. Indeed, more than once during that process, he said it would be the only way independent automakers could hope to survive in the highly competitive auto arena of the future.
Tags: potential
partners
chief
ford
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