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- CherriepuffCherriepuff
  ·2021-07-14
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  PepsiCo CFO: Taking share away from Coca-Cola
  Hugh Johnston, vice chairman and CFO at PepsiCo(NASDAQ:PEP), said Tuesday that the company's better-
  PepsiCo CFO: Taking share away from Coca-Cola
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- CherriepuffCherriepuff
  ·2021-07-14
  Cool
  Musk says didn't set deal terms for Tesla acquisition of SolarCity
  WILMINGTON, Del., July 13 (Reuters) - Elon Musk on Tuesday defended his handling of Tesla Inc's $2.6
  Musk says didn't set deal terms for Tesla acquisition of SolarCity
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The beverage and snack makerbeat Q2 expectations and raised its forecast for the full year.</li>\n <li>\"We feel awfully good about the way the business is performing right now,\" Johnston said.</li>\n <li>On its market share gains, the PepsiCo CFO cited improvements in most of its categories. This included gains against smaller players and against Coke, which Johnston didn't name specifically, but referred to as \"the biggest competitor down in Atlanta.\"</li>\n <li>Looking ahead, Johnston attributed the firm's increased guidance to its strong recent results and to good prospects for the rest of the year.</li>\n <li>\"We have historically as a company guided pretty conservatively, so I won't predict any beats going forward, but we're usually pretty good at being around the market or a little bit better,\" he said.</li>\n <li>PEP climbed more than 2% in early intraday trading on Tuesday, rising to $153.07. Thanks to the earnings beat, the stock reached an intraday 52-week high of $153.37.</li>\n <li>PEP has been gaining over the previous few weeks headed into the earnings release, moving out of a recent trading range.</li>\n <li>Still, the stock was virtually flat for 2021 as a whole headed into the quarterly report,after an early slide took shares to a level below $130.</li>\n</ul>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PepsiCo CFO: Taking share away from Coca-Cola</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPepsiCo CFO: Taking share away from Coca-Cola\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-13 22:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3714760-pepsico-cfo-taking-share-away-from-coca-cola><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hugh Johnston, vice chairman and CFO at PepsiCo(NASDAQ:PEP), said Tuesday that the company's better-than-expected earnings came from adding market share, including taking away customers from its ...</p>\n\n<a href=\"https://seekingalpha.com/news/3714760-pepsico-cfo-taking-share-away-from-coca-cola\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"KO":"可口可乐","PEP":"百事可乐"},"source_url":"https://seekingalpha.com/news/3714760-pepsico-cfo-taking-share-away-from-coca-cola","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1128855782","content_text":"Hugh Johnston, vice chairman and CFO at PepsiCo(NASDAQ:PEP), said Tuesday that the company's better-than-expected earnings came from adding market share, including taking away customers from its biggest competitor, Coca-Cola(NYSE:KO).\nSpeaking to CNBC, Johnston reported that the company benefited from the post-COVID reopening and a strong performance from new products, like Mountain Dew Rise.\nJohnston's remarks followed the release of the company's quarterly results before the opening bell. The beverage and snack makerbeat Q2 expectations and raised its forecast for the full year.\n\"We feel awfully good about the way the business is performing right now,\" Johnston said.\nOn its market share gains, the PepsiCo CFO cited improvements in most of its categories. This included gains against smaller players and against Coke, which Johnston didn't name specifically, but referred to as \"the biggest competitor down in Atlanta.\"\nLooking ahead, Johnston attributed the firm's increased guidance to its strong recent results and to good prospects for the rest of the year.\n\"We have historically as a company guided pretty conservatively, so I won't predict any beats going forward, but we're usually pretty good at being around the market or a little bit better,\" he said.\nPEP climbed more than 2% in early intraday trading on Tuesday, rising to $153.07. Thanks to the earnings beat, the stock reached an intraday 52-week high of $153.37.\nPEP has been gaining over the previous few weeks headed into the earnings release, moving out of a recent trading range.\nStill, the stock was virtually flat for 2021 as a whole headed into the quarterly report,after an early slide took shares to a level below $130.","news_type":1},"isVote":1,"tweetType":1,"viewCount":101,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":145130387,"gmtCreate":1626194344349,"gmtModify":1703755376138,"author":{"id":"4088774084342240","authorId":"4088774084342240","name":"Cherriepuff","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088774084342240","authorIdStr":"4088774084342240"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/145130387","repostId":"2151256458","repostType":4,"repost":{"id":"2151256458","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1626188839,"share":"https://ttm.financial/m/news/2151256458?lang=&edition=fundamental","pubTime":"2021-07-13 23:07","market":"us","language":"en","title":"Musk says didn't set deal terms for Tesla acquisition of SolarCity","url":"https://stock-news.laohu8.com/highlight/detail?id=2151256458","media":"Reuters","summary":"WILMINGTON, Del., July 13 (Reuters) - Elon Musk on Tuesday defended his handling of Tesla Inc's $2.6","content":"<p>WILMINGTON, Del., July 13 (Reuters) - Elon Musk on Tuesday defended his handling of Tesla Inc's $2.6 billion merger negotiations with SolarCity, denying claims that he dictated a price the electric vehicle maker would pay for the ailing solar panel maker.</p>\n<p>The lawsuit by union pension funds and asset managers alleges Musk strong-armed Tesla directors in 2016 into using the company to rescue SolarCity from the brink of bankruptcy, benefiting Musk.</p>\n<p>Musk at the time owned a 22% stake in both Tesla and SolarCity, which was founded by his cousins. The Tesla shareholders want Musk to be ordered to return the value of the deal to Tesla.</p>\n<p>The two-week trial in the Court of Chancery in Wilmington, Delaware, kicked off Monday and is being overseen by Vice Chancellor Joseph Slights.</p>\n<p>On Tuesday, shareholder attorney Randall Baron pressed Musk to explain meeting notes taken by a financial advisor showing Musk suggested the board offer a $28.50 share price for SolarCity. Baron asked whether that conflicted with Musk's statement that he had fully recused himself from negotiations.</p>\n<p>\"I was making the obvious point that any offer, if not publicly defensible, will be rejected by SolarCity shareholders,” Musk said.</p>\n<p>Central to the case are claims that despite owning only 22% of Tesla, Musk was a controlling shareholder due to his ties to board members and domineering style. If plaintiffs can prove this, it increases the likelihood that the court will conclude the deal was unfair to shareholders.</p>\n<p>The celebrity chief executive spent about six hours on the stand on Monday, mostly under cross-examination by Baron, insisting the Tesla board handled the SolarCity deal and said that he was not part of the committee that negotiated the terms.</p>\n<p>Legal experts said the judge will be looking for evidence that Musk threatened board members or that directors felt they could not stand up to him. Board members and others involved in the 2016 deal, including Musk's younger brother Kimbal, will testify beginning as soon as Tuesday.</p>\n<p>The company's directors settled allegations from the same lawsuit last year for $60 million, paid by insurance, without admitting fault.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Musk says didn't set deal terms for Tesla acquisition of SolarCity</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMusk says didn't set deal terms for Tesla acquisition of SolarCity\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-13 23:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>WILMINGTON, Del., July 13 (Reuters) - Elon Musk on Tuesday defended his handling of Tesla Inc's $2.6 billion merger negotiations with SolarCity, denying claims that he dictated a price the electric vehicle maker would pay for the ailing solar panel maker.</p>\n<p>The lawsuit by union pension funds and asset managers alleges Musk strong-armed Tesla directors in 2016 into using the company to rescue SolarCity from the brink of bankruptcy, benefiting Musk.</p>\n<p>Musk at the time owned a 22% stake in both Tesla and SolarCity, which was founded by his cousins. The Tesla shareholders want Musk to be ordered to return the value of the deal to Tesla.</p>\n<p>The two-week trial in the Court of Chancery in Wilmington, Delaware, kicked off Monday and is being overseen by Vice Chancellor Joseph Slights.</p>\n<p>On Tuesday, shareholder attorney Randall Baron pressed Musk to explain meeting notes taken by a financial advisor showing Musk suggested the board offer a $28.50 share price for SolarCity. Baron asked whether that conflicted with Musk's statement that he had fully recused himself from negotiations.</p>\n<p>\"I was making the obvious point that any offer, if not publicly defensible, will be rejected by SolarCity shareholders,” Musk said.</p>\n<p>Central to the case are claims that despite owning only 22% of Tesla, Musk was a controlling shareholder due to his ties to board members and domineering style. If plaintiffs can prove this, it increases the likelihood that the court will conclude the deal was unfair to shareholders.</p>\n<p>The celebrity chief executive spent about six hours on the stand on Monday, mostly under cross-examination by Baron, insisting the Tesla board handled the SolarCity deal and said that he was not part of the committee that negotiated the terms.</p>\n<p>Legal experts said the judge will be looking for evidence that Musk threatened board members or that directors felt they could not stand up to him. Board members and others involved in the 2016 deal, including Musk's younger brother Kimbal, will testify beginning as soon as Tuesday.</p>\n<p>The company's directors settled allegations from the same lawsuit last year for $60 million, paid by insurance, without admitting fault.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2151256458","content_text":"WILMINGTON, Del., July 13 (Reuters) - Elon Musk on Tuesday defended his handling of Tesla Inc's $2.6 billion merger negotiations with SolarCity, denying claims that he dictated a price the electric vehicle maker would pay for the ailing solar panel maker.\nThe lawsuit by union pension funds and asset managers alleges Musk strong-armed Tesla directors in 2016 into using the company to rescue SolarCity from the brink of bankruptcy, benefiting Musk.\nMusk at the time owned a 22% stake in both Tesla and SolarCity, which was founded by his cousins. The Tesla shareholders want Musk to be ordered to return the value of the deal to Tesla.\nThe two-week trial in the Court of Chancery in Wilmington, Delaware, kicked off Monday and is being overseen by Vice Chancellor Joseph Slights.\nOn Tuesday, shareholder attorney Randall Baron pressed Musk to explain meeting notes taken by a financial advisor showing Musk suggested the board offer a $28.50 share price for SolarCity. Baron asked whether that conflicted with Musk's statement that he had fully recused himself from negotiations.\n\"I was making the obvious point that any offer, if not publicly defensible, will be rejected by SolarCity shareholders,” Musk said.\nCentral to the case are claims that despite owning only 22% of Tesla, Musk was a controlling shareholder due to his ties to board members and domineering style. If plaintiffs can prove this, it increases the likelihood that the court will conclude the deal was unfair to shareholders.\nThe celebrity chief executive spent about six hours on the stand on Monday, mostly under cross-examination by Baron, insisting the Tesla board handled the SolarCity deal and said that he was not part of the committee that negotiated the terms.\nLegal experts said the judge will be looking for evidence that Musk threatened board members or that directors felt they could not stand up to him. Board members and others involved in the 2016 deal, including Musk's younger brother Kimbal, will testify beginning as soon as Tuesday.\nThe company's directors settled allegations from the same lawsuit last year for $60 million, paid by insurance, without admitting fault.","news_type":1},"isVote":1,"tweetType":1,"viewCount":129,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}