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Soda Wars: Coke vs Pepsi
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FBN breaks down the good, the bad and the ugly in today's markets.
- Duration 5:00
- Date Feb 9, 2012
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FBN breaks down the good, the bad and the ugly in today's markets.
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That you see right there but firsts.
Time for the good about it yeah -- -- don't partner.
Is back with me onset right now got built one of the trading at the CME -- -- steady buy up but aren't as from today.
Talk about a good today everybody Coca-Cola and PepsiCo both out with earnings.
-- beat the street this morning but -- you are strictly -- I understand as well look look at this -- if you compare the two stocks over the your Pepsi is outperforming -- in the last six months three months or -- to continue.
It's amazing and really as the let me say something -- human being -- sixteen drinks per day.
All of that to our Coca-Cola products in this is worldwide.
PepsiCo just announced today that they're laying off 3000 -- 3% of their payroll 83% of their payroll and they're gonna spend five to 600 million dollars of marketing in North America what's out all about the race like Coca-Cola so greatest because there are emerging markets presents are seeing volumes increase.
In Thailand and China everywhere else I don't hear about about -- What all the headlines the talk about splitting up PepsiCo the why do you have the stock up 10% -- -- I -- no I don't look at that number one sent out -- Coca-Cola number two is diet Coca-Cola let's not even Pepsi -- not even in the top two.
They should just spin off three years it's a burritos company -- its audience hello the street want them to split the company which LC -- you got the bad today higher energy prices are hurting.
The Pentagon's effort to trim their budget -- play.
Absolutely and I'll tell you what -- that the Pentagon has been trying to cut back costs.
They're under a mandate of course by congress of rein in spending but higher oil prices is not making it any easier just consider -- The -- Department of Energy is really the biggest -- consumer in the world.
As an entity you know -- -- our country they're consuming more than anybody and last year they spent seventeen point three billion dollars.
-- petroleum in 2011.
And there's a concern of course with the -- oil prices have been going lately but if prices continue to rise.
You know then they're not gonna be able to make their budget cuts now right now of course people the Pentagon -- -- and energy is the least of our concerns right now we're gonna do what we need to do to defend the contrary.
But at the same time it means that you're not content.
Money on energy you're gonna have to cut somewhere else and probably a very -- -- going forward.
But what if oil prices actually -- -- how fast today I realize the gains from that or the loss -- the -- -- well and suspended well that was the only way 3% jump -- last year are running well you have to you have.
They'll look at you know they have to buy for the long term it's not -- they can pull up shell station with fifty tanks and -- -- -- -- that they get into long term contracts with this type I think tonight at.
So they're gonna be more sensitive to these price spikes in a lot of these prices that there -- buying today.
Are locked in not only for this year.
In the years in the future that's one of the reasons why the military's been looking at alternative fields.
Contestant jets -- at the -- and everything else they're trying to find a way to lower those costs.
At the dog owners that word again alright -- -- got the really ugly -- -- we know California is in deep financial trouble we all know that but this is going too far -- fining people if they play frisbee on the beat.
Swelled frisbee and even throwing different kinds -- footballs and other balls around but -- here's what's going on they have an ordinance in in Los Angeles in the county's board of supervisors only -- surprises.
Says that this.
Will no longer be allowed it's not allowed right now actually because they'll allow volleyball.
And beach balls.
In designated areas you can have a football but if you throw a football you throw a frisbee.
During this -- the beach season you can be find out to a thousand dollars volleyball some beach balls are okay.
Freeze -- footballs and other kinds of balls not okay.
Water polo balls in the water are okay when -- are you exempt from having to pay that thousand dollar fine between Labor Day and Memorial Day.
-- -- -- -- -- This seems ridiculous I'm not spend a -- -- are they going too -- look we -- that they've got a budget issues but it isn't -- a way to get revenue they -- I sit and -- in our corporate surprise no charge people to go oil into the -- and has yet that's an -- -- this is ridiculous -- of -- that's part of the whole experience of going to the -- -- they wouldn't -- charged me to throw frisbee that's a Lake Michigan went back to back.
No not at all about if you -- think about -- it's not such a bad thing you see these guys played frisbee on the beach having come up.
We have little bit undesirable you know some of the looked like there and then all troops stayed -- I haven't gotten all excited get the dogs are tough enough and now they're gonna hurt some but not a lot of government.
Come on yeah.
-- -- -- -- coordinates and it's all it's been on the since the 1980s.
They had.
-- at the 1980 they just increase the five from 500 to a thousand -- in the argument for it is.
You don't wanna have these pick up football games that interview here we are people who just wanna suntan hundred ten and that's the argument for.
I believe that yes I have in the guys on the beach in California -- that.