Showing posts from June, 2016

Rocky Mountain High Brands Enters Greater Los Angeles Market

Rocky Mountain High Brands Enters Greater Los Angeles Market Dallas, June 28, 2016 (Globe Newswire)
Rocky Mountain High Brands, Inc. (OTC PINK:RMHB) announced today that the Company has entered into an agreement with ENM Sales & Services (ENM) to represent its product line and to introduce and actively market its hemp-infused beverages in the Los Angeles metropolitan area and the Southern Nevada region.

ENM Sales and Service boasts an impressive list of large independent and high profile major chain stores such as Walgreens, CVS, Food4Less, Los Altos Ranch Market and many more. ENM has become the sales and marketing choice for powerhouse brands such as Hostess, McCormick, Dolores Chili Brick, and Mojave due to the company’s emphasis in merchandising traditional and multi-cultural markets such as the region’s large Hispanic population.
Joey Duran of ENM Sales and Services, stated, "ENM has a solid reputation of effectively marketing product lines through our fully…

Pepsi Sales Have Gone Flat

New Pepsi, Old Problem: U.S. Soda Sales Have Lost Their Fizz Jennifer Kaplan/Bloomberg
PepsiCo Inc.’s ($PEP) moves this week mask a harder truth for the soft-drink industry:Soda sales are down no matter how you sweeten it.
Pepsi said Monday it’s bringing back Diet Pepsi with aspartame. That came after the company replaced the drink with a sucralose version last August. In all, the company will be selling three Pepsi-branded diet drinks -- one sweetened with sucralose, two with aspartame.
The U.S. Food and Drug Administration and the European Food Safety Authority say aspartame is safe, and the  American Cancer Society says worries about an increased cancer risk are unfounded. Nonetheless, rumors persist, and the consumer push for natural ingredients doesn’t help. 
More from U.S. Stocks Fall With Global Shares, Pound on Brexit; Gold Gains At the same time, sucralose simply didn’t taste good to many Diet Pepsi drinkers.
The churn was unavoidably reminiscent of …

Should Coke and Pepsi Be Worried About The New Soda Tax

New Philadelphia Soda Tax: Should Pepsi, Coca-Cola Worry? Zacks Equity Research/June 17, 2016
Beverage biggies, The Coca-Cola Company KO and PepsiCo, Inc. PEP, will now have to bear an extra tax on its sodas in Philadelphia, one of the biggest cities in the U.S. to have approved a soda tax.
The Tax
The Philadelphia city council, on Thursday, finally approved a 1.5 cent-per-ounce tax on sugary drinks by a vote of 13-4. Sugary drinks include regular and diet soda and energy drinks. The tax is set to take effect next year.
The Purpose of the Tax
Mayor Jim Kenney’s proposed tax is not exactly an attempt to limit sugar consumption in the city. The estimated $90 million in new tax revenue next year is proposed to be used to fund expansion of prekindergarten and community schools and an overhaul of recreation centers.

Only Berkeley, CA, imposes a similar tax on sugary drinks. Soda tax proposals have failed in many cities and states in recent years. The success tasted in Philadelphia…

Death Of The Local Shopping Mall

America's Shopping Malls Are Dying A Slow, Ugly DeathHayley Peterson

The Canton Centre Mall in Canton, Ohio is boarded up and vacant.Nicholas Eckhart
All across America, once-vibrant shopping malls are boarded up and decaying.

Traffic-driving anchors like Sears and JCPenney are shutting down stores, and mall owners are having a hard time finding retailers large enough to replace them. With a fresh wave of closures on the horizon, the problem is set to accelerate, according to retail and real estate analysts.
About 15% of U.S. malls will fail or be converted into non-retail space within the next 10 years, according to Green Street Advisors, a real estate and REIT analytics firm. That's an increase from less than two years ago, when the firm predicted 10% of malls would fail or be converted.

"The risk of failure for a mall increases dramatically once you see anchor closures," said Cedric Lachance, managing director of Green Street Advisors. "Their health is…

Rite Aid Shares Slip Even With Walgreens' Likely Acquisition

Rite Aid Shares Slip As First-Quarter Earnings Fall Short | @Blovelace_Jr

Pharmacy reimbursement rates challenged Rite Aid earnings in the latest quarter, Chairman and CEO John Standley said, in a statement.

Rite Aid shares slipped more than 1 percent Thursday after releasing its first-quarter results.

The drugstore chain reported adjusted quarterly earnings at 1 cent per share, below a Reuters estimate of 5 cents a share. Revenue rose 23 percent to $8.2 billion on a year-over-year basis, but came in below a forecast of $8.26 billion.

Standley said the chain wasn't able to offset the rate pressure through drug purchasing efficiencies.

"While drug cost reductions will continue to be short of our expectations in the near term, we anticipate improvements over the second half of the fiscal year. As we work to meet this challenge, we remain focused on executing our highly successful sales initiatives like wellness+ with Plenti and the Wellnes…

Soft Drink Industry Faces Continued Weakness

As Coke, Pepsi, Dr Pepper Battle for Beverage Leverage, Other Options Pour InTodd Davis, Staff Writer
 Each of the Big Three soft drink makers — Coke, Pepsi and Dr Pepper — has a significant presence in North Texas.

Plano is home to the Dr Pepper Snapple Group and PepsiCo’s snack division, Frito-Lay. Atlanta-based Coke has six facilities here, including distribution centers and a syrup plant.

The soft drink industry faces continued weakness in the sales of its main product — soda — due to concerns about calories, sugar and artificial sweeteners.

So each company is looking for other items, such as snacks and energy drinks, to bolster total sales.

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BP Share Price Falls With Oil Prices

BP Stock Falls With Oil Prices, Merger Deal (BP) By Richard Saintvilus

The United States rig counts increased for the second straight week, which sent oil prices in the opposite direction, Friday. And this combination, compounded by the strong dollar, weighed on shares of BP p.l.c. (BP), which declined Friday by as much as 2.78% to a session low of $32.12.
Energy Starting to Cool Off

The number of rigs operating in the U.S. fields rose to 328, compared to 325 from the previous week, according to Reuters, citing data compiled by oilfield services firm Baker Hughes Incorporated (BHI). Comparatively, this still marks a drastic decline of almost 50% from the same period a year ago when rig counts reached 635 rigs online. (See also: 3 Reasons Why U.S. Oil Imports Are Rising.)

The U.S. oil prices closed on Friday below $50 per barrel, an important psychological benchmark for the market. Crude oil (West Texas Intermediate) closed Friday at $48.88, down 2.95%, while Brent crude was un…

Rocky Mountain High Brands, Inc. (RMHB) To Be Featured Guest On "Your Monies Worth" Radio Show

Rocky Mountain High Brands to be Featured Guest on"Your Monies Worth" Radio Simulcast Dallas, June 09, 2016 (Globe Newswire)
Rocky Mountain High Brands, Inc. (OTC PINK:RMHB) announced today it will be LIVE in an on-air radio interview Friday, June 10th at 5:00 PM EDT on Radio 1470 AM WWNN and a web streamed simulcast at www.AMP2.TV.  Jerry Grisaffi, Founder of RMHB, will be interviewed by longtime radio host Mick Bazsuly of WWNN AM Miami-Fort Lauderdale.
Cynthia E. Ferguson, the Show’s Co-Host and Assistant Producer, said, "Your Monies Worth has been continuously aired for thirteen years and is centered on unique companies with huge potential. Rocky Mountain High Brands has recently reformulated the Mango Energy and introduced the new Low Calorie Coconut Lime Energydrink.  In addition, the Company has produced the first of several edible hemp-infused products, the new Relaxation Brownie." Mick Bazsuly commented, "We have been closely monitoring the gr…