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Danone expects Olympics sales boost after revamping brands ahead of Games

Danone expects Olympics sales boost after revamping brands ahead of Games By Richa Naidu LONDON, July 15 (Reuters) - Olympics sponsor Danone DANO.PA is expecting both a short and longer-term sales boost from the Games, having made changes to its products, invested in branding, and positioned itself in physical kiosks across Paris, its CEO said. Danone, which makes Activia yoghurt, Evian water and Silk plant-based drinks, first reached out to the International Olympic Committee in mid-2022 to get
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US firms bet on Paris Olympics with new stores, marketing push

FACTBOX-US firms bet on Paris Olympics with new stores, marketing push July 12 (Reuters) - U.S. companies from Nike to Warner Bros are opening new stores and holding big marketing events in Paris before and during the Olympics, betting that excitement for the summer games can help boost their sales. Comcast's CMCSA.O NBCUniversal said that International Olympic Committee (IOC) sponsors spent 18% for the latest Olympics compared to the 2021 summer Olympics in Tokyo.
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PepsiCo quarterly revenue disappoints on slowing sales of snacks, beverages

UPDATE 6-PepsiCo quarterly revenue disappoints on slowing sales of snacks, beverages Consumers across income groups looking for more value, CEO says PepsiCo says adding new flavors to snacks Q2 revenue of $22.50 bln vs estimates of $22.57 bln Shares down more than 3% Updates shares in paragraph 10 and adds graphic By Ananya Mariam Rajesh and Jessica DiNapoli July 11 (Reuters) - PepsiCo PEP.O missed expectations for second-quarter revenue on Thursday as a series of price hikes and competition fro
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PREVIEW: PepsiCo revs look nearly flat to analysts

RPT-BUZZ-PREVIEW: PepsiCo revs look nearly flat to analysts Repeats Buzz published on Wednesday with no changes ** PepsiCo PEP.O shares up 0.7% to $163.06 on Weds ahead of Q2 results due before the bell on Thurs as investors focus on lukewarm consumer demand ** Soda and snacks maker expected to report rev of $22.57 bln, up ~1% yr/yr, and adj EPS of $2.16 vs $2.09 a yr-ago, LSEG data shows ** Co in last qtrly report said international demand drove growth, while U.S.
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Booze-free beverages are no small beer: podcast

BREAKINGVIEWS-Booze-free beverages are no small beer: podcast The host is a Reuters Breakingviews columnist. The opinions expressed are his own. By Jonathan Guilford NEW YORK, July 11 (Reuters Breakingviews) - Carlsberg’s $4 bln deal to buy soft-drinks maker Britvic is just the latest foray by a big brewer into serving the alcohol-averse. In this Viewsroom podcast, Breakingviews columnists discuss whether it’s a seismic tobacco-like shift or a frothy attempt to fizz up profit margins.
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PREVIEW: PepsiCo revs look nearly flat to analysts

BUZZ-PREVIEW: PepsiCo revs look nearly flat to analysts ** PepsiCo PEP.O shares up 0.7% to $163.06 on Weds ahead of Q2 results due before the bell on Thurs as investors focus on lukewarm consumer demand ** Soda and snacks maker expected to report rev of $22.57 bln, up ~1% yr/yr, and adj EPS of $2.16 vs $2.09 a yr-ago, LSEG data shows ** Co in last qtrly report said international demand drove growth, while U.S.
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U.S. Nvidia, Qualcomm, Tesla

U.S. RESEARCH ROUNDUP-Nvidia, Qualcomm, Tesla July 10 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Nvidia, Qualcomm and Tesla, on Wednesday. HIGHLIGHTS * Brighthouse Financial Inc BHF.O : Jefferies raises to buy from hold * Legalzoom.Com Inc LZ.O : JP Morgan cuts to neutral from overweight * Nvidia Corp NVDA.O : KeyBanc raises target price to $180 * Qualcomm Inc QCOM.O : KeyBanc raises target price to $225 * Tesla
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Big Beer’s low-alcohol Plan B has too much froth

RPT-BREAKINGVIEWS-Big Beer’s low-alcohol Plan B has too much froth The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Aimee Donnellan LONDON, July 9 (Reuters Breakingviews) - Big brewers are talking a good game on zero-alcohol beer. Carlsberg CARLb.CO , Heineken HEIN.AS , Anheuser-Busch InBev ABI.BR , Molson Coors TAP.N and Japan’s Asahi 2502.T are expanding into low and no alcohol products, targeting an increasingly health-conscious consumer and the Gen
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Big Beer’s low-alcohol Plan B has too much froth

BREAKINGVIEWS-Big Beer’s low-alcohol Plan B has too much froth The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Aimee Donnellan LONDON, July 9 (Reuters Breakingviews) - Big brewers are talking a good game on zero-alcohol beer. Carlsberg CARLb.CO , Heineken HEIN.AS , Anheuser-Busch InBev ABI.BR , Molson Coors TAP.N and Japan’s Asahi 2502.T are expanding into low and no alcohol products, targeting an increasingly health-conscious consumer and the Gen Z ge
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Why AI may fail to unlock the productivity puzzle

RPT-BREAKINGVIEWS-Why AI may fail to unlock the productivity puzzle The author is a Reuters Breakingviews columnist. The opinions expressed are his own By Felix Martin LONDON, July 4 (Reuters Breakingviews) - The world’s advanced economies are in the grip of a prolonged productivity crisis. In the decade following the financial crisis of 2008, the growth of output per hour worked in the Group of Seven rich countries slumped to less than 1% a year – less than half the rate of the decade befor
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Why AI may fail to unlock the productivity puzzle

RPT-BREAKINGVIEWS-Why AI may fail to unlock the productivity puzzle The author is a Reuters Breakingviews columnist. The opinions expressed are his own By Felix Martin LONDON, July 4 (Reuters Breakingviews) - The world’s advanced economies are in the grip of a prolonged productivity crisis. In the decade following the financial crisis of 2008, the growth of output per hour worked in the Group of Seven rich countries slumped to less than 1% a year – less than half the rate of the decade befor
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Why AI may fail to unlock the productivity puzzle

BREAKINGVIEWS-Why AI may fail to unlock the productivity puzzle The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Felix Martin LONDON, July 4 (Reuters Breakingviews) - The world’s advanced economies are in the grip of a prolonged productivity crisis. In the decade following the financial crisis of 2008, the growth of output per hour worked in the Group of Seven rich countries slumped to less than 1% a year – less than half the rate of the decade before.
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US FDA to ban use of brominated vegetable oil in food, soda

UPDATE 5-US FDA to ban use of brominated vegetable oil in food, soda Updates July 2 story with Keurig Dr Pepper's response in paragraph 14 By Granth Vanaik July 2 (Reuters) - The U.S. Food and Drug Administration said on Tuesday it would revoke the regulation that authorized the use of brominated vegetable oil in food items, effective Aug. 2, as it was no longer safe.
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Salesforce challenger Creatio achieves $1.2 bln 'unicorn' status with fundraising

UPDATE 1-Salesforce challenger Creatio achieves $1.2 bln 'unicorn' status with fundraising Adds details on company's financials in paragraph 5 By Krystal Hu June 26 (Reuters) - Creatio, a low-code software platform for customer relationship management that competes with Salesforce CRM.N , said on Wednesday it had secured $200 million in a new funding round, giving it "unicorn" status with a valuation of $1.2 billion.
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Sustainable Finance Newsletter - Many CFOs embrace sustainability

Sustainable Finance Newsletter - Many CFOs embrace sustainability By Ross Kerber June 26 (Reuters) - As regulators in Washington, Brussels and elsewhere push companies for more environmental and social disclosures, a lot of top executives at corporations globally think the new reporting could actually help their businesses. You can read about that finding from a new study in this week's newsletter.
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Coca-Cola Co Special Olympics And Co Extend Global Partnership Through 2031

BRIEF-Coca-Cola Co Special Olympics And Co Extend Global Partnership Through 2031 June 26 (Reuters) - Coca-Cola Co KO.N : COCA-COLA CO: SPECIAL OLYMPICS AND CO EXTEND GLOBAL PARTNERSHIP THROUGH 2031 Source text for Eikon: [ID:] Further company coverage: KO.N
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Salesforce challenger Creatio raises $200 mln, becomes 'unicorn'

Salesforce challenger Creatio raises $200 mln, becomes 'unicorn' By Krystal Hu June 26 (Reuters) - Creatio, a low-code software platform for customer relationship management that competes with tech giant Salesforce CRM.N , has secured $200 million in a new funding round that boosts its valuation to $1.2 billion, the company said on Wednesday. The funding, led by Sapphire Ventures, came after Creatio's revenue increased at 50% annually for a few years.
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Nestle, Coke take cautious approach to catering to Ozempic users

UPDATE 1-FOCUS-Nestle, Coke take cautious approach to catering to Ozempic users Adds Coca-Cola, Herbalife comment, paragraphs 18, 23 By Jessica DiNapoli NEW YORK, June 20 (Reuters) - Nestle's NESN.S new food brand for people taking weight-loss drugs like Wegovy will note that the meals are high in protein, fiber and nutrients, but will not name the blockbuster medications, a company executive told Reuters.
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Nestle, Coke, Danone take cautious approach to catering to Ozempic users

FOCUS-Nestle, Coke, Danone take cautious approach to catering to Ozempic users Updates headline, no changes to text By Jessica DiNapoli NEW YORK, June 20 (Reuters) - Nestle's NESN.S new food brand for people taking weight-loss drugs like Wegovy will note that the meals are high in protein, fiber and nutrients, but will not name the blockbuster medications, a company executive told Reuters.
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Food companies with Ozempic-friendly snacks and meals wade carefully into weight-loss waters

FOCUS-Food companies with Ozempic-friendly snacks and meals wade carefully into weight-loss waters By Jessica DiNapoli NEW YORK, June 20 (Reuters) - Nestle's NESN.S new food brand for people taking weight-loss drugs like Wegovy will note that the meals are high in protein, fiber and nutrients, but will not name the blockbuster medications, a company executive told Reuters.
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