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Coca-Cola (KO)

Coca-Cola to send team Of "Happiness Ambassadors" on a year-long journey to seek out what makes people happy. Countless people have taken a year off to travel, but nobody has ever embarked on a trip quite like this before – 206 countries, covering 150,000 miles in just 365 days. From Aruba to Zimbabwe and nearly every nation in between, a team of three young people will attempt to visit 206 countries where Coca-Cola is sold to seek out what makes people happy and share their happiness and enthusiasm with the rest of the world.

Oct 21 · 10:06:00 AM · Source: Business Wire
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by Larry Etter

Supervalu (SVU)

Supermarket chain Supervalu Inc (SVU.N) gave its full-year profit forecast another trim and cut its quarterly dividend in half on Tuesday.
The operator of about 2,500 Albertsons, Jewel-Osco, Shaw's and Save-A-Lot supermarkets has been underperforming rivals amid intense price competition from the likes of Wal-Mart Stores Inc (WMT.N), Kroger Co (KR.N) and Safeway Inc (SWY.N). Supervalu said it expects consumer spending will remain pressured throughout its fiscal year.

Oct 20 · 11:49:00 AM · Source: Reuters
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by Larry Etter

Great Atlantic & Pacific Tea Company, Inc. (the) (GAP)

The Great Atlantic & Pacific Tea Company, Inc. (A&P, NYSE Symbol:GAP) today announced Eric Claus, President and Chief Executive Officer, will be leaving the Company effective immediately.
The Company has commenced a search for a successor and in the interim, Christian Haub, Executive Chairman of the Board, will reassume the Chief Executive Officer responsibilities, a position he previously held from 1998 until 2005.

Oct 20 · 10:57:00 AM
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by Larry Etter

Coca-Cola (KO)

Coca-Cola Co., the world’s largest soft-drink maker, said third-quarter profit rose less than 1 percent as volume gains in Mexico and China were countered by a decline in North America. The shares fell in New York trading. Net income increased to $1.9 billion from $1.89 billion a year earlier, the Atlanta-based company said today in a statement. Revenue fell 4.2 percent to $8.04 billion, the company said.
Coke CEO said consumer sentiment will recover slowly into 2010.

Oct 20 · 10:48:00 AM · Source: Bloomberg
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by Larry Etter

Spartan Stores Inc. (SPTN)

Spartan Stores, Inc., (Nasdaq:SPTN) today announced that its Board of Directors declared a quarterly cash dividend of $0.05 per common share. The dividend is payable on December 15, 2009 to shareholders of record as of the close of business on December 1, 2009.

Oct 16 · 2:00:00 PM · Source: Business Wire
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by Larry Etter

Avon Products (AVP)

Avon Products Inc. signed Black Eyed Peas frontwoman Fergie to a multiyear deal as they up the ante in the celebrity fragrance space.
Fergie, 34, whose real name is Stacy Ferguson, is the latest high-profile name to join Avon’s growing cast of celebrities. The list includes Reese Witherspoon; Patrick Dempsey and his wife, makeup artist Jillian Dempsey; Courteney Cox; Derek Jeter; Jennifer Hudson, whose contract is due to expire, and in Latin America, Salma Hayek. Avon’s designer alliances have included Cynthia Rowley, Christian Lacroix and Emanuel Ungaro.

Oct 16 · 11:01:00 AM · Source: WWD Beauty
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by Michael Oliveto

Whitman Corporation (PAS)

PepsiAmericas, Inc. (NYSE: PAS) today announced that its Board of Directors declared a fourth quarter 2009 dividend of $0.14 per share. The dividend is payable January 4, 2010 to shareholders of record on December 15, 2009.

Oct 15 · 1:28:00 PM
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by Larry Etter

Walgreen (WAG)

The board of Walgreen Co. (NYSE: WAG) (NASDAQ: WAG) announced it has authorized a new $2 billion share repurchase program. The program, which expires at the end of 2013, replaces the previous $1 billion plan announced in January 2007 which had approximately $655 million remaining. Since 2004, Walgreens has repurchased more than $1.3 billion of common stock.
Walgreen's board also declared a regularly quarterly dividend of 13.75 cents per share, a 22.2 percent increase over the year-ago dividend, and set a long-term dividend payout target of 30 to 35 percent of net earnings.

Oct 15 · 10:12:00 AM · Source: Business Wire
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by Larry Etter

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