PepsiCo Inc (PEP.N) said it will expand its partnership with at-home soda machine maker SodaStream International Ltd (SODA.O) to offer caps filled with Pepsi and Sierra Mist to flavor water carbonated by SodaStream machines.
SodaStream's shares jumped as much as 8.8 percent to $16.13 in morning trading on Friday after the Wall Street Journal reported the partnership. PepsiCo's shares were up 0.5 percent.
01:48 Trump to propose large increase in deductions Americans can claim on their taxes16
14:40 Downside to holding Obamacare hostage to pay for Trump’s wall? Obamacare is more popular19
09:00 Here’s how congressional Democrats plan to mark Trump’s first 100 days18
20:47 Visa's adjusted profit jumps 27 percent29