08:45 AM EDT, 03/17/2025 (MT Newswires) -- Consumer stocks were flat to lower pre-bell Monday with the Consumer Discretionary Select Sector SPDR Fund (XLY) inactive and the Consumer Staples Select Sector SPDR Fund (XLP) recently down 0.5%. Tyson Foods ( TSN ) and other US meat producers are in danger of losing billions of dollars in Chinese revenue after Beijing...

(Reuters) - PepsiCo ( PEP ) said on Monday it would buy prebiotic soda brand Poppi for $1.95 billion, expanding in the healthier soda category. Demand for healthier sodas and energy drink has surged among the younger population in the U.S. as more people turn to fitness and lifestyle products. Poppi, based in Austin, Texas, was founded by Allison Ellsworth...

08:46 AM EDT, 03/17/2025 (MT Newswires) -- PepsiCo ( PEP ) said Monday it agreed to acquire the poppi prebiotic soda brand for $1.95 billion, which includes expected cash tax benefits of $300 million for a net purchase price of $1.65 billion. The company also said the deal includes a potential earnout based on reaching certain performance milestones within a...

08:49 AM EDT, 03/17/2025 (MT Newswires) -- K92 Mining ( KNTNF ) reported Monday record net income in the fourth quarter of 2024 that exceeded analysts' estimates, buoyed by record quarterly production. The company posted a net income of US$55.5 million, or US$0.23 per share, beating the analyst consensus earnings forecast of US$0.21 per share compiled by FactSet. The result...