SodaStream Eyed By Beverage Majors and 2 Morning Hot Stocks Seeing Action Today
SodaStream (NASDAQ:SODA), the fast-growing Israeli maker of home-based soda and seltzer machines, currently sells more than 10,000 of these machines a day, each of which, in the days to come, could lead their owners to buy less and less of Pepsi (NYSE:PEP) and Coke (NYSE:KO). SodaStream has already announced its intentions to launch its advertising for the first time on the 2013 Super Bowl. The company’s growth is said to have attracted the attention of the beverage majors and SodaStream CEO Daniel Birnbaum says confidently, “Coke and PepsiCo will follow us.”
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Brown-Forman (NYSE:BFA) reports second quarter EPS of $0.80 which beats estimates by $0.02 on revenue of 1.01 billion. For the first half, net sales were up 8%, with the Jack Daniels brands up 9%. Super and ultra premium whiskey brands grew 21%, Herradura grew 22% while the Finlandias group of brands was up 9%. First-half operating income improved 12%. Geographically, emerging markets contributed 40% of incremental growth during the year to date. In the US, an improving environment for spirits helped contribute 40% of underlying growth year to date. In Europe, Germany, Belgium, the Netherlands and Australia were strong markets, while Spain and Italy were weak due to their economic conditions.
Ford Motor Company (NYSE:F), together with its joint ventures, had a bumper sales month in China during November, selling a record 67,505 vehicles. The Ford Focus was in strong demand and led the improvement of 56% over the same period last year. The company’s joint venture with Chongqing Changan Automobile Co. saw its sales surge 71% while sales at Jiangling Motors Corp, where Ford is a 30% stakeholder, climbed 16% from last year.