Coca-Cola’s FIRST Dairy Product and 4 Bubbling Stocks
Coca-Cola‘s (NYSE:KO) move to enter global dairy products could receive a setback in Mexico if Jugos del Valle SAPI, a juice-maker it partly owns, is not allowed by regulators to acquire a dairy property. Core Power, a protein shake, is Coke’s first dairy product and will hit U.S. store shelves next month.
Don’t Miss: Here’s A Mobile Leg-Up For Facebook and Google.
According to the WSJ, the NYSE (NYSE:NYX), facing competition from banks and electronic-trading firms, will offer stock quotes to retail investors in less-than-a-penny increments.
ABC-MART, INC. , a Japanese retailer of athletic, business and casual footwear, is acquiring Portland-based LaCrosse Footwear (NASDAQ:BOOT) in a cash deal that pays $20 per share, or approximately $138 million. The purchase price represents a premium of 82% over LaCrosse Footwear’s average closing stock price over the past 30 days ended July 5.
Shares of Netflix (NASDAQ:NFLX) were on a roll after CEO Reed Hastings indicated on a Facebook (NASDAQ:FB) post that the company’s online streaming service was seeing continued growth – shares were higher by 13.4 percent, closing at a two-month high of $81.72 Thursday.