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PepsiCo Makes UK Juice Recall

PepsiCo Makes UK Juice Recall

PepsiCo (NYSE:PEP) has decided to recall certain batches of children’s orange juice in the UK.

PepsiCo Makes UK Juice Recall

The US based PepsiCo (NYSE:PEP) has initiated a recall for its multi-packs of Tropicana Kids Orange Juice, which contain microbiologically contaminated water instead of orange juice blend.

The Food Standards Agency (FSA) said that the drinks were contaminated following a ‘test procedure’ and is easily identifiable because they have no branding on the cartons.

A PepsiCo (NYSE:PEP) spokeswoman confirmed the products had been distributed to 40 stores and affected 277 four-packs in total.

PepsiCo (NYSE:PEP) company shares are currently standing at 66.91.

PepsiCo Makes UK Juice Recall
Price History
Last Price: 66.91
52 Week Low / High: 58.5 / 71.89
50 Day Moving Average: 65.06
6 Month Price Change %: 6.5%
12 Month Price Change %: -4.2%

Posted in Food, Headlines.

Ford Motor Company To Say Goodbye To Brazil Head

Ford Motor Company To Say Goodbye To Brazil Head

Ford Motor Company (NYSE:F) Brazil chief has decided to step down in June.

Ford Motor Company To Say Goodbye To Brazil Head

After 28 years at the company, Marcos de Oliveira, president of Ford Motor Company (NYSE:F) in Brazil has announced his plan to step down in next month.

Ford Motor Company (NYSE:F) said that Oliveira will be replaced by Steven Armstrong, current chief operating officer of Getrag Ford Transmissions in Germany.

He will assume the post June 1 and work alongside Oliveira during a transitional period until Oliveira steps down June 30.

Ford Motor Company (NYSE:F) shares were at 11.10 at the end of the last day’s trading. There’s been a -10.0% movement in the stock price over the past 3 months.

Ford Motor Company To Say Goodbye To Brazil Head
Ford Motor Company (NYSE:F) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: Error
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: Error
Zack’s Rank: 4 out of 6 in the industry

Posted in Auto, Headlines.

Hewlett-Packard Hires India Executive

Hewlett-Packard Hires India Executive

Hewlett-Packard (NYSE:HPQ) has appointed a new head to lead its Printing and Personal Systems unit in India.

Hewlett-Packard Hires India Executive

Rajiv Srivastava, Vice President and General Manager of Personal Systems Group of Hewlett-Packard (NYSE:HPQ) has been named as the new head of the combined Printing and Personal Systems Group (PPSG) in India.

A spokesperson from Hewlett-Packard (NYSE:HPQ) who did not want to be named has stated, “Srivastava has spent many years with Hewlett-Packard (NYSE:HPQ) and hence he is the most probable candidate for the post. Apart from heading PSG he is also the COO.”

Hewlett-Packard Co. (NYSE:HPQ) stocks were at 25.17 at the end of the last day’s trading. There’s been a -10.0% movement in the stock price over the past 3 months.

Hewlett-Packard Hires India Executive
Hewlett-Packard Co. (NYSE:HPQ) Analyst Advice
Consensus Opinion: Hold
Mean recommendation: Error
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: Error
Zack’s Rank: 2 out of 2 in the industry

Posted in Headlines, Technology.

Wal-Mart Stores Inc. Launching Online Cash Pay Offer

Wal-Mart Stores Inc. Launching Online Cash Pay Offer

Wal-Mart Stores Inc. (NYSE:WMT) has announced a new ‘Pay with Cash’ offering online in the U.S.

Wal-Mart Stores Inc. Launching Online Cash Pay Offer

This new service will allow Wal-Mart Stores Inc. (NYSE:WMT) customers to purchase items at Walmart.com and pay for them in stores within a 48-hour period.

Joel Anderson, president and CEO of Walmart.com, the online shopping unit of Wal-Mart Stores Inc. (NYSE:WMT) said, “This new service makes it easier for our customers to shop the way they want, where they have access to a broader product selection at Walmart.com coupled with the convenience of payment and shipping as they want.”

Wal-Mart Stores Inc. (NYSE:WMT) shares are currently standing at 58.91.

Wal-Mart Stores Inc. Launching Online Cash Pay Offer
Price History
Last Price: 58.91
52 Week Low / High: 48.31 / 62.63
50 Day Moving Average: 60.15
6 Month Price Change %: 3.9%
12 Month Price Change %: 7.2%

Posted in Headlines, Shopping.

PepsiCo Sees Big Growth

PepsiCo Sees Big Growth

PepsiCo (NYSE:PEP) has said that its snacks and beverage businesses have doubled its growth in India.

PepsiCo Sees Big Growth

According to the figure in volume terms for the three months ended March 31, 2012, the soft drink maker giant PepsiCo (NYSE:PEP) has reported double digit growth for its snacks and beverage businesses in India.

“Snacks delivered its 9th consecutive quarter of double-digit volume growth in Asia, Middle East & Africa (AMEA), with first quarter snacks volume growing double digits in India, Australia, Thailand and the Middle East,” PepsiCo (NYSE:PEP) said in a statement.

PepsiCo (NYSE:PEP) stocks are currently standing at 66.10.

PepsiCo Sees Big Growth
Price History
Last Price: 66.10
52 Week Low / High: 58.5 / 71.89
50 Day Moving Average: 64.77
6 Month Price Change %: 4.6%
12 Month Price Change %: -5.2%

Posted in Food, Headlines.

Google Inc. Launches Anti-Extremism Initiative

Google Inc. Launches Anti-Extremism Initiative

Google Inc. (NASDAQ:GOOG) has unveiled a new initiative to counter violent extremism.

Google Inc. Launches Anti-Extremism Initiative

Google Inc. (NASDAQ:GOOG) has announced that it is launching “Against Violent Extremism” (AVE), a new online initiative to combat violent extremism around the world.

Google Inc. (NASDAQ:GOOG) Ideas and other partners are working together for the new online network.

Google Inc. (NASDAQ:GOOG) welcomed former terrorists, survivors, academics and other groups and people for the project.

Jared Cohen, Director of Google Inc. (NASDAQ:GOOG) Ideas, said that, “With AVE, Google Inc. (NASDAQ:GOOG) Ideas hopes to bring together former rebels, victims and other groups and individuals from around the world to use online tools to find out a way to prevent people from becoming radicalized. AVE members will exchange ideas on fundraising, policy-making and research. The move will enable others to know what diverse groups outside the public sector could offer as so far there has only been an over-reliance on governments to tackle these problems”.

Google Inc. (NASDAQ:GOOG) company shares are currently standing at 615.47.

Google Inc. Launches Anti-Extremism Initiative
Price History
Last Price: 615.47
52 Week Low / High: 473.02 / 670.25
50 Day Moving Average: 621.39
6 Month Price Change %: 2.8%
12 Month Price Change %: 14.5%

Posted in Headlines, Technology.

Citigroup Inc. Signs Hedge Fund Deal

Citigroup Inc. Signs Hedge Fund Deal

Citigroup Inc. (NYSE:C) has entered into a new deal with hedge fund firm Spartus Capital Management.

Citigroup Inc. Signs Hedge Fund Deal

Under this new deal, Citigroup Inc. (NYSE:C) will deliver hedge fund middle office services to Spartus Capital Management.

Bob Wallace, North America Head of Securities and Fund Services, Citigroup Inc. (NYSE:C) said, “We are pleased that Spartus selected Citi to deliver the solutions it needs to support the fund’s success. This mandate is further evidence that Citigroup Inc. (NYSE:C) is well positioned in the marketplace to provide a comprehensive solution across a diverse range of client categories, investment strategies, and asset classes.”

Citigroup Inc. (NYSE:C) shares were at 33.68 at the end of the last day’s trading. There’s been a 11.8% movement in the stock price over the past 3 months.

Citigroup Inc. Signs Hedge Fund Deal
Citigroup Inc. (NYSE:C) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: 1.86
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 1.91
Zack’s Rank: 6 out of 16 in the industry

Posted in Finance, Headlines.

Delta Air Lines To Buy More Jets

Delta Air Lines To Buy More Jets

Delta Air Lines (NYSE: DAL) has decided to buy seven more MD-90 jets from Japan Airlines.

Delta Air Lines To Buy More Jets

The Atlanta, Georgia based airline, Delta Air Lines (NYSE:DAL), has reportedly decided to procure seven MD-90 jets from Japan Airlines in order to replace older planes.

Delta Air Lines (NYSE: DAL) has announced that the new planes will start their service by the end of 2013.

Delta Air Lines (NYSE: DAL) currently has 58 MD-90 of which 45 were purchased in the past 3 years.

Delta Air Lines (NYSE:DAL) stocks are currently standing at 10.48.

Delta Air Lines To Buy More Jets
Price History
Last Price: 10.48
52 Week Low / High: 6.41 / 11.6
50 Day Moving Average: 9.99
6 Month Price Change %: 16.7%
12 Month Price Change %: 14.8%

Posted in Headlines, Stocks.

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