Here are the companies the Yahoo Finance team is watching for you today.
A strong quarter at at Keurig Dr Pepper (KDP). The drink maker posted a beat on earnings, though revenue was slightly below estimates. The CEO says they've made big steps integrating all parts of the business, a year after Keurig and The Doctor Pepper Snapple Group merged.
A huge quarter at Cronos (CRON). The Canadian marijuana company is soaring after posting an earnings beat — and much higher income than the street was expecting. Net revenue was three-times higher than a year ago. The CEO calls it a year of "tremendous growth" and pledged to keep capitalizing on the momentum.
Apple (AAPL) is facing an investigation in Russia — over allegations of unfair competition. Cybersecurity company Kaspersky Lab filed a formal complaint with Russia's anti-monopoly watchdog. They allege Apple is abusing its position in the market by not putting Kaspersky's "safe kids" app in the app store. Apple said the app was one of several that put "users' privacy" at risk.
Honda (HMC) is making recalls. The car manufacturers Guangzhou-based venture will recall about 223,000 Accord Sedans in China. The decision comes after social media erupted with complaints over the car’s engine quality. The recall is linked to a problem with the car’s turbocharged engine, which causes the vehicles to lose speed.
Nestle (NSRGY) is selling Starbucks (SBUX) brand coffee in China, after buying the exclusive rights to distribute the chain's coffee and tea globally last year to the tune of $7.5 billion dollars. Nestle is distributing Starbucks products across major Asian platforms like Alibaba (BABA) and TMall, as well as to offices and hotels. Starbucks is trying to tap into the Chinese coffee market in a country where tea rules.