Stocks and Finance

PepsiCo

PepsiCo 5/16/2012

07:30 : Behind the Relational Investors PepsiCo (PEP) investment: The firm thinks - Behind the Relational Investors PepsiCo (PEP) investment: The firm thinks that PepsiCo has underperformed and should consider spinning off its U.S. beverage business in the next year - a move that CEO Indra Nooyi|Indra ...
Source : seekingalpha-com

PepsiCo 5/15/2012

17:19 : Activist firm takes $600 million stake in PepsiCo - NEW YORK (AP) -- Activist investor Ralph Whitworth said Tuesday that his firm has taken a $600 million stake in PepsiCo Inc., a move that could ramp up pressure on the company to make changes....
Source : usnews-com
17:18 : News Summary: Investor discloses stake in PepsiCo - NEW YORK (AP) -- NEW ACTIVITY: Activist investor Ralph Whitworth said his firm took a $600 million stake in PepsiCo Inc., a move that could put pressure on the company to make changes....
Source : usnews-com
16:24 : Activist Has Stake in PepsiCo - Relational Investors, an activist shareholder firm, disclosed it has a $600 million stake in PepsiCo, a move that could step up pressure on the beverage and snack giant
Source : wsj-com

PepsiCo 5/10/2012

13:30 : A restless PepsiCo ([[PEP]] +1.5%) reshuffles its lineup of global marketin - A restless PepsiCo (PEP +1.5%) reshuffles its lineup of global marketing managers again as it seeks to find a winning formula to deliver a unified forward-thinking global message. While the company's Snacks division will draw much of the ...
Source : seekingalpha-com

PepsiCo 5/4/2012

11:52 : PepsiCo Bets On Pop Stars To Lift Flagging Soft Drink Sales - PepsiCo, which has long been criticized for neglecting its soft drinks business and focusing excessively on building a healthy snacks portfolio, may finally see a turnaround in 2012 as recent good news and a string of pop star promotions ...
Source : forbes-com

PepsiCo 5/2/2012

07:48 : PepsiCo increases annual dividend by 4% - NEW YORK (MarketWatch) -- PepsiCo Inc. said Wednesday it'll increase its annual dividend by 4% to $2.15 a share, from $2.06 a share. Shareholders of record as of June 1 will be issued a quarterly payment of 53.8 cents as share on June 29. ...
Source : marketwatch-com
07:26 : PepsiCo (PEP) hikes its annual dividend payout rate to $2.15/share from ... - PepsiCo (PEP) hikes its annual dividend payout rate to $2.15/share from $2.06/share. Shares now trade with a 3.23% yield, moving north of a yield on a 30-year Treasury bond. Post your comment!
Source : seekingalpha-com

PepsiCo 4/26/2012

08:07 : PepsiCo, Coke Enterprises beat Wall Street views - PepsiCo Inc and Coca-Cola Enterprises reported higher-than-expected quarterly profits and stood by their full-year forecasts, helped by price increases on sodas.
Source : ibtimes-com
06:22 : PepsiCo profit flat versus year ago - NEW YORK (MarketWatch) -- PepsiCo Inc. said on Thursday that its first-quarter profit was $1.13 billion, or 71 cents a share, versus $1.14 billion, or 71 cents a share a year ago. The company reported adjusted earnings of 69 cents a share. ...
Source : marketwatch-com

PepsiCo 4/10/2012

16:25 : Coca-Cola Pours Into Brazil And China, Pushes PepsiCo Aside In The U.S. - Coca-Cola Co. continues to place big bets on emerging markets as it announced plans to invest heavily in China and Brazil. The company will pour in $4 billion into China over the next three years. ...
Source : forbes-com

PepsiCo 4/2/2012

12:59 : PepsiCo Inc. Betting On Emerging Markets For Continued Growth - PepsiCo Inc. (NYSE:PEP), the world's second-largest food and beverage company, claimed the No.784 spot on the IBTimes 1000 list by expanding aggressively in emerging markets and catering to consumers' demand for healthier food and beverages.
Source : ibtimes-com
12:01 : Coke snatches Dunkin' Brands account from PepsiCo - CHICAGO (MarketWatch) -- Coca-Cola said Monday that it had snatched a major account from rival PepsiCo, inking a multiyear agreement to gets it products into more than 9,400 Dunkin' Brands outlets by the end of this summer. ...
Source : marketwatch-com

PepsiCo 3/30/2012

17:17 : PepsiCo, KFC, McDonald's, Nestle get junk rating for misleading consumers - PepsiCo, KFC, McDonald's, Nestle get junk rating for misleading consumersThe CSE accused PepsiCo, Nestle, McDonald's, Haldiram and KFC of misleading the public through wrong claims and insufficient ...

PepsiCo 3/25/2012

18:14 : PepsiCo takes 'Snack Smart' logo off Lays, takes steps to cut costs - PepsiCo takes 'Snack Smart' logo off Lays, takes steps to cut costsStarting March this year, the company has been using cheaper palm oil to cook its snack brands as a cost-saving measure.

PepsiCo 3/22/2012

08:56 : PepsiCo India appoints new CEOs for beverages, foods businesses - PepsiCo India appoints new CEOs for beverages, foods businessesPepsiCo announced the appointments of Praveen Someshwar and Gautham Mukkavilli as chief executives for its foods and beverages verticals, respectively.

PepsiCo 3/14/2012

16:46 : Nooyi to remain as PepsiCo CEO despite speculations - Indra Nooyi remains firmly at the helm, PepsiCo Inc told ET, as it sought to quash speculation that she was under pressure to step down this year as the chairman and CEO of the $65-billion beverages and snacks maker.

PepsiCo 3/12/2012

15:20 : PepsiCo strengthens line-up of potential successors to Indra Nooyi - PepsiCo strengthens line-up of potential successors to Indra NooyiPepsiCo Inc revamped its management structure Monday in a move intended to strengthen its lineup of potential successors to CEO Indra Nooyi and leverage ...
08:38 : PepsiCo deepens management bench - PepsiCo Inc revamped its global structure on Monday in a move that deepens its management bench and paves the way for an eventual successor to Chief Executive Indra Nooyi.
Source : ibtimes-com
07:58 : PepsiCo Shake-Up: Ex-Exec To Run Food Unit - The hiring of Wal-Mart's Brian Cornell to run the Americas food unit and promotion of longtime executive John Compton to the new post of president might be seen as attempts to find a successor to Chairman and CEO Indra Nooyi, who has ...
Source : ibtimes-com
07:55 : PepsiCo Shuffles Executive Line-Up, Taps Wal-Mart Vet To Run U.S. Food - PepsiCo is changing how its top management team functions, amid widespread investor discomfort with CEO Indra Nooyi and concerns whether the company should split its snacks and soda businesses.
Source : forbes-com
07:36 : PepsiCo shakes up global structure - (Reuters) - PepsiCo Inc said it was taking the "essential" step of changing its global structure by creating the new job of president to integrate its sprawling operations worldwide, and was bringing back a former executive to head its ...
Source : reuters-com
07:30 : PepsiCo lining up potential successors to Nooyi - PURCHASE, N.Y. (AP) -- PepsiCo may be lining up a potential successor to CEO Indra Nooyi, bringing back a former executive to head its biggest moneymaking unit and also naming an insider as its president....
Source : usnews-com
05:27 : PepsiCo may line up 3 potential successors to Indra Nooyi: Report - PepsiCo may line up 3 potential successors to Indra Nooyi: ReportThe report said that Brian Cornell and John Compton, along with Zein Abdalla, may be the top three internal candidates to succeed Nooyi.

PepsiCo 3/5/2012

12:51 : PepsiCo And Germans Try Milking The U.S. Dairy Market - PepsiCo and Germany's biggest dairy, Theo Müller Gmbh, are investing $206 million in the New York town of Batavia to build a state-of-the-art yogurt manufacturing plant.
Source : forbes-com

PepsiCo 2/10/2012

12:23 : PepsiCo to Restructure With Job Cuts - PepsiCo has always been in direct competition with Coca-Cola Co., but now it seems that the company's main problem is higher costs for materials. A restructuring plan was announced Thursday that includes cutting 8,700 jobs ...
Source : ibtimes-com

PepsiCo 2/9/2012

10:17 : To Compete With Coke, PepsiCo Cutting 8,700 Jobs, Boosting Ad Spending - To regain slipping market share, PepsiCo will cut 8,700 jobs worldwide and spend between $500 and $600 million more on advertising and marketing, the company announced Thursday.
Source : forbes-com
10:07 : PepsiCo to Cut 8,700 Jobs; Q4 Profit Rises - PepsiCo Inc. (NYSE:PEP), the world's largest snack-food maker plans to cut 8,700 jobs in a restructuring effort to offset high commodity costs and boost investment in advertising and marketing in North America.
Source : ibtimes-com
08:54 : Pepsico to cut 8,700 jobs; 4Q net rises - PURCHASE, N.Y. (AP) -- PepsiCo plans to cut 8,700 jobs, or about 3 percent of its workforce, as it seeks to offset high commodity costs and increases investment in advertising and marketing in North America....
Source : usnews-com
07:59 : PepsiCo to invest over $500 mn in brands, cut about 8,700 jobs globally - PepsiCo to invest over $500 mn in brands, cut about 8,700 jobs globallyExcluding items, PepsiCo earned $1.15 per share. Revenue rose 11% to $20.2 bn. The company said it expects to generate $1.5 bn of cost savings.
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