What's Your Beverage? By Scott Rothbort About this article: There was another one of those throw-away lines during Kraft's (KFT) earnings call the other day. KFT said that its beverage business was improving, growing 1.5% during the period. Clearly, KFT is not a big player in the beverage business. However, it was a sign. The beverage business is very much economically dependent. Pepsi's (PEP) beverage business was in the doldrums, but began to pick up in the second quarter. That is when I put my money into PEP. Dr. Pepper Snapple (SNP) reported a solid rise in total profits, beating estimates by 5 cents, with revenues pretty much in line. However, the company did guide a little bit lower due to the loss of its distribution agreement with Hansen Natural (HANS). Still, DPS will grow earnings both in 2009 and 2010, and that is what I prefer to focus on. In the beer category, Molson Coors... Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET. Outside the U.S. and in Canada, call 1-212-321-5200. More Stories From RealMoney Durable Goods Up Move Down the Tech Food Chain Jobless Claims Still High Bulls' Tenacity Is the Big Question Mark Should You Buy It? Pharmaceutical Product Development Bad News Trumps All Support for Banks Holds, For Now Bummer, Yields Are on the Rise Money on the Line Makes a Big Difference Structured Products: Unsafe at Any Price MORE STORIES FROM REALMONEY

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