Coke Takes a Monster Step Beyond Soda

Coke, which is buying 17 percent of Monster, has long been savvy about liquid hedges. The company was an early mover on bottled water, with Dasani, and its Minute Maid is dominant in juice. It bought the Vitaminwater brand in 2007 and Honest Tea in 2011. Since January, Coke has amassed a 16 percent stake in Keurig Green Mountain (GMCR), giving it a healthy dose of coffee and coffee-making technology.

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Tesla Ready to Pump Out 100,000 Cars Per Year by 2015

Tesla’s second quarter results and forecast for the year head were good enough to kick the company’s shares slightly higher in after-hours trading. It reported revenue of $769 million in the second quarter, up from $405 million in the same period last year. The company’s net loss expanded to $62 million from $31 million, as Tesla spends on building its network of charging stations and service centers and on the development of its upcoming Model X SUV.

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