PepsiCo Inc (PEP) denied a published report that it was in talks to buy SodaStream International (SODA) Thursday morning.
SodaStream International gapped open higher Thursday and climbed in early trade. Profit taking set in during late trade, but the stock finished up by 1.89 at $71.24, with volume at a 10-month high. The stock closed challenging the highs of the year.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.