Shares of Cadbury Schweppes (CSG: sentiment, chart, options) have dropped nearly 3% this afternoon, despite announcing the split for its planned de-merger of Dr Pepper Snapple Group (DSPG). According to the company, each holder of 100 Cadbury Schweppes shares will receive 64 shares in Cadbury plc, to be listed on the London Stock Exchange, and 12 shares in DPSG, which will trade on the New York Stock Exchange. Apparently, Cadbury is tired of being a Pepper.

Technically speaking, CSG is down more than 8% so far this year, extending its decline under resistance from its 10-week and 20-week moving averages. Sentiment is light on the shares; they are not optionable, and only 8 analysts currently offer up opinions on the stock. Of those 8 analysts, Zacks.com reports that 4 rate CSG a "buy," 3 dole out "hold" ratings, while only 1 has issued a "sell."