For Cadbury, candy looks sweeter than soda
Article Abstract:
There are a couple of theories as to what it means that Cadbury Schweppes P.L.C. sold off its international beverage business, keeping Dr. Pepper and 7Up in the U.S., France and South Africa. One theory is that the last two beverages wouldn't sell for a good enough price with sales of 7Up declining; and if the company can turn that around, then why would it want to sell? There is general agreement that the firm will invest more in its confectionery business than soft drinks.
Comment:
Speculation abounds as to what the firm will do with soda and confectioneries
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1999
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Worldwide, things are not going better for Coke
Article Abstract:
Usually Coca-Cola's CFO James Chestnut gives the speeches and presentations to Wall St. analysts, but today the soft-drink giant's CEO M. Douglas Ivester will try to convince them that everything will be alright, even in Latin America. He has told others recently that even in developing countries, consumers can spend what it takes to buy a soda. Analysts aren't so sure.
Comment:
The Brazilian economy is taking its toll
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1999
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