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U.S. markets recover from steep losses
LONDON, April 25 (UPI) -- Britain's Cadbury Schweppes PLC, the world's third-largest soft drinks group, has bought control of the Dr Pepper/Seven Up Bottling Group, for $353 million.
Buying a 55 percent stake in the largest independent U.S. bottler, from the Carlyle Group, gives Cadbury greater control over distribution of its U.S. soft drink brands, which include Dr Pepper and Snapple, the Financial Times reported Tuesday.
Some analysts say that combining its manufacturing and distribution operations may also make it easier for Cadbury to spin off its U.S. beverages and use the cash to fund candy acquisitions.
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WASHINGTON, May 23 (UPI) --
The planned Keystone XL oil pipeline would move oil away from refineries that produce gasoline, increasing prices, the National Resource Defense Council says.
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MELBOURNE, Fla., May 23 (UPI) --
Northrop Grumman says its Military Airworthiness Certification is closer for its re-engined EC-8 Joint Surveillance Target Attack Radar System aircraft.
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The housing inventory rose slightly in April, which is unusual in the middle of the spring sales season. The uptick may be the result of rising seller confidence and it should ease concerns that the super tight inventory levels of the last six months...
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What if Europe turned out to be the new Japan?
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