The Chief Information Officer at Keurig Dr Pepper (KDP) is aware of the need to build a future-ready beverage organization. The company will participate in the Morgan Stanley Global Consumer and Retail Conference. Unsurprisingly, Advisors Asset Management Inc. reduced its stock holdings in KDP, while BNP PARIBAS ASSET MANAGEMENT increases its holdings. Drew Panayiotou was appointed as Chief Marketing Officer, to hasten the adoption of digital-first marketing. KDP made a significant investment by buying a 60% stake in Ghost Energy for $990 Million.
The company has also made headlines with the announcement of a secondary offering of common stock. Still, some experts are advising investors to consider possible risks with KDP and consider other options. Nonetheless, the company has received an average rating of 'Moderate Buy' from brokerages. Ghost Beverages, a disruptive energy drink business, has been slated for acquisition by KDP, signaling its foray into the energy drinks market.
Despite some stock price fluctuations, with considerable increases in some stock positions, there have been allegations of KDP providing misleading claims about K-Cup recyclability, which led to an SEC charge. The company continues to progress towards its ambitious commitments as outlined in their Corporate Responsibility report.
Keurig Dr Pepper KDP News Analytics from Thu, 25 Apr 2024 07:00:00 GMT to Sat, 23 Nov 2024 10:13:33 GMT - Rating 4 - Innovation 1 - Information 4 - Rumor -2
