Financial Results, Partnerships, Approval for Stake Acquisitions and Dividends - Research Report on PepsiCo, Monster,Diageo, DPS, and Beam
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NEW YORK, August 28, 2013 /PRNewswire/ --
Today, Analysts Corner announced new research reports highlighting PepsiCo, Inc. (NYSE: PEP), Monster Beverage Corporation (NASDAQ: MNST), Diageo plc (NYSE: DEO), Dr Pepper Snapple Group, Inc. (NYSE: DPS), and Beam, Inc. (NYSE: BEAM). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
PepsiCo, Inc. Research Report
On July 31, 2013, PepsiCo, Inc. (PepsiCo) announced its partnership with Manchester United Football Club for a multi-year regional sponsorship in seven countries in the Asia-Pacific region. PepsiCo stated that as per the terms of the agreement, the Company will be the Official Soft Drinks Partner of Manchester United in Thailand, Malaysia, Singapore, Myanmar, Cambodia, Laos, and Brunei, while holding exclusive rights to use Manchester United branding on its products and point of sale materials in these markets. Mustafa Moussa, Senior Director for Carbonated Soft Drinks and Energy at PepsiCo Asia-Pacific, said, "The combination of Manchester United's stature as one of the world's most iconic sports franchises and PepsiCo's portfolio of beloved brands will create exciting new opportunities for consumers throughout the region. The partnership brings to life Pepsi's "Live for Now" positioning, which was launched in Asia Pacific in January this year. Working with the biggest names in sports and entertainment, we look forward to enabling consumers to celebrate their passion for Pepsi and Manchester United." The Full Research Report on PepsiCo, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/d047_PEP]
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Monster Beverage Corporation Research Report
On August 8, 2013, Monster Beverage Corporation (Monster) announced its Q2 2013 and H1 2013 financial results. The Company's Q2 2013 net sales increased by 6.5% YoY to $630.9 million while gross profit margin reached 53.3% compared to 51.8% in Q2 2012. Net Income stood $106.9 million or $0.62 per diluted share, in Q2 2013, compared to $109.8 million or $0.59 per diluted share, in Q2 2012. For H1 2013, the Company's net sales increased by 6.5% YoY to $1.1 billion while gross profit margin reached 52.8% compared to 52.3% in H1 2012. Net Income stood at $170.4 million or $0.98 per diluted share, in H1 2013, compared to $185.9 million or $1.00, in H1 2012. Rodney C. Sacks, Chairman and CEO, said, "We are pleased to report another quarter of solid sales growth, in both our domestic and international markets, but note that there were certain exceptional costs that affected profitability during the quarter. Monster Energy® Zero Ultra, launched in the third quarter of 2012, has become one of our best-selling products. Following on this success, we launched Monster Energy® Ultra Blue in March 2013." The Full Research Report on Monster Beverage Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/1618_MNST]
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Diageo plc Research Report
On July 23, 2013, Diageo plc (Diageo) announced that it has received approval from the Chinese authorities for the acquisition of the remaining 47% stake in Sichuan Chengdu Shuijingfang Group Company Ltd. (SJF Holdco) (formerly Sichuan Chengdu Quanxing Group Company Ltd) for a total consideration of c.£233 million. Diageo reported that, post the stake acquisition, SJF HoldCo will be converted from a joint venture into a wholly foreign-owned enterprise of the Company. Gilbert Ghostine, President of Diageo Asia Pacific, commented, "This is a milestone in the journey we began with our partners six years ago. As the controlling shareholder in Shuijingfang, Diageo will continue to work with the senior Chinese management to build Shuijingfang into the leading international Bai Jiu brand. I have every confidence in the long-term future of the Bai Jiu category in China." Full Research Report on Diageo plc - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/9b25_DEO]
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Dr Pepper Snapple Group, Inc. Research Report
On July 22, 2013, Dr Pepper Snapple Group, Inc. (DPS) announced its seven-year agreement with Wendy's to expand the availability of Dr Pepper and Diet Dr Pepper in Wendy's US restaurants. Craig Bahner, Chief Marketing Officer of Wendy's, commented, "Dr Pepper is a valued partner that not only brings a great-tasting choice our guests crave, but they've also supported a cause we hold near and dear -- the Dave Thomas Foundation for Adoption." Bahner added, "As we continue to innovate our menu with an emphasis on higher quality and great tasting choices, it makes sense that Dr Pepper and Diet Dr Pepper - two of the 10 best-selling soft drinks in the U.S. - can be available to our guests nationwide." The Full Research Report on Dr Pepper Snapple Group, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/7847_DPS]
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Beam, Inc. Research Report
On July 31, 2013, Beam, Inc. (Beam) announced that its Board of Directors has approved a regular dividend of $0.23 per common share. Beam informed that the dividend is payable on September 3, 2013 to shareholders of record at the close of the business on August 14, 2013. The Full Research Report on Beam, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/e5e0_BEAM]
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