Headlines

Monster 4Q Net Income Up 5 Percent

Monster Beverage Corp. said Wednesday its net income rose 5 percent in the fourth quarter as it expanded energy drink sales into new markets. The company said it is selling its drinks in new international markets. While growth in energy drink sales in the U.S. has slowed down, sales of Monster Energy drinks are growing at a faster pace than those of competing drinks. (AP via Bloomberg BusinessWeek)