Chilean beverage company and Coca-Cola bottler Embotelladora Andina SA's (AKOA, AKOB, ANDINA-B.SN) second-quarter net profit fell 23% year-on-year to 11.36 billion Chilean pesos ($23.6 million) on higher sales costs, the company said late Tuesday.
"Because the Federal Reserve and the European Central Bank have meetings over the next two days, Wall Street simply had a buyers' strike," claimed Schaeffer's Senior Technical Strategist Ryan Detrick.
Back in 2003, PepsiCo Inc. (PEP) made headlines announcing its Pepsi Billion Dollar Sweepstakes. Undoubtedly the goal of the competition was to drive sales and to create marketing buzz.
Four years ago, when the Summer Olympics were held in Beijing, traditional yogurt dominated supermarket shelves. Greek yogurt was a niche product, with little awareness among consumers; annual sales totaled a paltry $60 million.
NEW YORK (Reuters) - Stocks edged lower on Tuesday as investors awaited the outcome of the Federal Reserve Board's two-day meeting when it is widely expected to unveil new stimulus to help revive the faltering economic recovery.
By REN�E SCHULTES · Anheuser-Busch InBev still is pulling the pints despite tough conditions in developed beer markets. The Belgian-Brazilian beer company said Tuesday that sales rose 4.7% in the second quarter to $9.87 billion.
The table below ranks indicated dividend yields of companies in the Standard & Poor's 500 Index by industry as of today. The yield is calculated by taking the latest declared dividend, annualized and divided by the stock price.
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