Here’s a look at some of the companies the Yahoo Finance team will be watching for you today.
Keurig is buying Dr. Pepper Snapple Group (DPS) creating a beverage giant worth about $11B in annual sales. The deal brings together global brands like Dr Pepper, 7UP, Snapple, A&W, Mott’s, Sunkist and Keurig’s single-serve coffee makers under one roof. Keurig’s CEO Bob Gamgort will lead the new company, called Keurig Dr. Pepper.
Ford’s (F) chief executive in China has resigned after just 5 months on the job. Ford says Jason Luo is stepping down for personal reasons. Ford’s sales in China fell 6% last year, compared with a 3% rise for the overall industry. No word on Luo’s replacement.
Google (GOOGL) is making it’s first move into the Asian ride-sharing market. The tech giant will fund the Indonesian start up Go-Jek. There’s no word on the size of the investment. Google Go-Jek will also deliver everything from groceries to dry cleaning in Indonesia’s capital Jakarta. Southeast Asia is the world’s third largest market for ride sharing apps.
The New York Attorney General is investigating a company that sells Twitter (TWTR) users’ likes and retweets to their number of followers. State officials are concerned that the bot accounts Devumi uses are stolen identities. A New York Times investigation recently found that 55,000 bots used biographical information of people across the country including their names and hometowns.