News

Monster Board Approves $250 Million Buy Back in Outstanding Stock Monster Board Approves $250 Million Buy Back in Outstanding Stock

Monster Board Approves $250 Million Buy Back in Outstanding Stock

by Ray Latif,

For the second time in three months, Monster Beverage’s board of directors has authorized a repurchase of up to $250 million of the company’s outstanding common stock. Monster’s board initiated the stock repurchase following weaker than expected third quarter revenues and profits. The company achieved $541.9 million in revenue for the quarter – a 14 percent jump in year over year sales – but fell well short of the $578.4 million that analysts projected.

Next10 Energy Launches a New “Smart Energy” Beverage

by Press Release,

Smart energy beverage products represent a new category in the functional/energy drink market category. Smart energy beverages are different than many of the energy drinks on the market today. Today’s…

DPSG To Pull 7UP Antioxidant Line Off the Market DPSG To Pull 7UP Antioxidant Line Off the Market

DPSG To Pull 7UP Antioxidant Line Off the Market

by Ray Latif,

Dr Pepper Snapple Group (DPSG) is pulling its line of 7UP Antioxidant sodas, the company announced last Thursday, shortly after being hit with a lawsuit alleging that the drinks were misleading to consumers. However, DPSG stated that its decision was based on longstanding plan to reformulate the drinks and is not related to the lawsuit.

Last Call: Apply NOW for New Beverage Showdown 4 at BevNET Live Winter 12 Last Call: Apply NOW for New Beverage Showdown 4 at BevNET Live Winter 12

Last Call: Apply NOW for New Beverage Showdown 4 at BevNET Live Winter 12

by BevNET.com Staff,

BevNET Live Winter 2012 is only three weeks away, and now is the last chance for beverage companies to apply for New Beverage Showdown 4. If you operate a new beverage company (meaning your brand is less than one year old or not yet on the market), New Beverage Showdown 4 is a one of a kind opportunity to showcase your brand in front of over 500 industry professionals, including investors, suppliers, retailers, and distributors, and a chance to win $10,000 in cash/prizes.

Review: Granny Squibb’s Unsweetened Teas Review: Granny Squibb’s Unsweetened Teas

Review: Granny Squibb’s Unsweetened Teas

by BevNET.com Staff,

Granny Squibb's has launched unsweetened varieties of its iced teas, which are made with black tea and real fruit juice. The new unsweetened line contains no added sugar and has 10 calories per 16 oz. bottle. While we have mixed opinions about the two flavors that we sampled, there are few visual differences between the unsweetened and sweetened products, and it might be difficult for consumers to discern between the two lines.

Dr Pepper Snapple Group Named to The Civic 50

by Press Release,

DPS Recognized by Bloomberg, National Conference on Citizenship and Points of Light for Commitment to Community PLANO, Texas–(BUSINESS WIRE)–Dr Pepper Snapple Group (NYSE:DPS) has been named to The Civic 50,…

Coca-Cola Invites the World to Join in Its New Journey

by Press Release,

Company Leads Next-Generation Corporate Storytelling, Replacing Corporate Website with Coca-Cola Journey™, an Interactive Digital Magazine ATLANTA–(BUSINESS WIRE)–Today, The Coca-Cola Company replaces its corporate website with Coca-Cola Journey, a rich, socially…