Dr. Pepper Snapple Group (DPS) announced after the bell Tuesday that it agreed to license certain brands to PepsiCo Inc. (PEP) on completion of PepsiCo's proposed acquisitions of The Pepsi Bottling Group Inc. (PBG) and PepsiAmericas Inc. (PAS). Dr. Pepper Snapple will receive a one-time upfront payment of $900 million. The stock is now up 1.45 on 9K shares.
Dr. Pepper Snapple fell early Tuesday, but recovered some ground during the second half of the morning. Shares finished down by 0.19 at $26.75.
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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.