News Now: Beverage Company Merger & Feral Cat ControversyWe're taking a look at the merger of Dr Pepper Snapple and Keurig Green Mountain. Also, some residents in North Richland Hills have been overrun with feral cats. See how it's dividing neighbors.
Dr Pepper Snapple & Keurig Green Mountain Announce Plan To MergeDr Pepper Snapple Group and Keurig Green Mountain announced Monday morning that they will become a single company with annual sales of about $11 billion.
Dr Pepper Snapple Lays Out $1.7 Billion For BaiDr Pepper Snapple Group will pay $1.7 billion for Bai Brands, a fruity drink maker that counts pop star Justin Timberlake as an investor. Bai will help the company expand into the low-calorie beverage market.
Dr Pepper Snapple's Q1 Earnings Rise 16 PercentDr Pepper Snapple Group's first-quarter profit rose 16 percent on a mix of slightly higher prices and an uptick in demand for some of its soft drinks and other beverages. The results were announced Wednesday.
Dr Pepper Snapple's Q2 Net Income DeclinesSecond quarter net income for Dr Pepper Snapple Group Inc. has declined 13 percent amid higher commodity costs, bad weather and cautious consumer spending.
Dr Pepper Snapple's Q4 Profit Up 2 PercentDr Pepper Snapple said that its net income edged up 2 percent, bolstered by higher prices. But the Plano company said that its 2013 earnings forecast fell short of estimates.