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PepsiCo's CFO Talks Earnings And Product Innovation
Tuesday, July 11, 2017 - 12:49pm | 359Shares of PepsiCo, Inc. (NYSE: PEP) were trading lower by around 0.8 percent Tuesday despite the company reporting a top-and-bottom line earnings beat. Investors had much to cheer, including 3 percent revenue growth, 13 percent boost in earnings per share and continued improvements in productivity...
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Snack Attack: UBS Highlights PepsiCo's Strong Snacks Performance
Tuesday, July 11, 2017 - 10:54am | 424Shares of PepsiCo, Inc. (NYSE: PEP) were trading lower by around 0.50 percent early Tuesday morning even though the company reported a top- and bottom-line beats in its earnings report. PepsiCo earned $1.50 per share in the second quarter on revenue of $15.71 billion while analysts were expecting...
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The Oath's On You: Smirnoff Vodka Trolls Trump With Russian Ties
Tuesday, June 13, 2017 - 3:00pm | 602Ah, a blast of Smirnoff Vodka. It’s on the house. The joke, that is. It’s on the White House. In a rare shot of political satire by Madison Avenue, the makers of Smirnoff are mocking President Donald Trump’s alleged ties to Russian interests who purportedly hacked the American...
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People Are Angry Over Pepsi Ad Featuring Kendall Jenner Calming Protest
Wednesday, April 5, 2017 - 11:04am | 659A PepsiCo, Inc. (NYSE: PEP) commercial featuring Kendall Jenner quelling a police protest by giving a cop some pop has exploded like a furiously shaken can. The 30-second spot shows the reality television star, part of the Kardashian clan, sauntering from a fashion shoot to a protest monitored by...
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Kraft Heinz Might Have Its Eyes On PepsiCo
Thursday, March 2, 2017 - 11:30am | 404It may seem like an unusual business combination but Kraft Heinz Co (NASDAQ: KHC), most notably known for ketchup and macaroni and cheese, could be eyeing an acquisition of the beverage and snack maker, PepsiCo, Inc. (NYSE: PEP) — at least according to Bernstein's Ali Dibadj. In a research...
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Zima Is Coming Back: Here Are 7 Other Retro Foods We Want To Try Again
Saturday, February 25, 2017 - 10:15am | 802MillerCoors is bringing back the iconic Zima clear malt beverage, although for a limited time. Here's a look at seven other retro foods we want to come back, even if for just a taste. Our apologies if this makes you hungry (and here's a list of seven of the best fast foods not available in...
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PepsiCo Jumps Onboard The Natural-Ingredient Train With Organic Gatorade
Tuesday, August 30, 2016 - 4:03pm | 359PepsiCo, Inc. (NYSE: PEP) is set to introduce a new version of its sports drink, Gatorade, which will be certified organic by the U.S. Department of Agriculture (USDA). According to Bloomberg, Pepsi's new product will come in strawberry, lemon and mixed berry flavors and be available in several...
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Pepsi CFO: We're Operating From A 'Position Of Strength'
Thursday, July 7, 2016 - 1:16pm | 419Shares of PepsiCo, Inc. (NYSE: PEP) hit a new 52-week high of $109.00 on Thursday after the company reported its second quarter results. Pepsi said it earned $1.35 per share in the third quarter on revenue of $15.4 billion. Wall Street analysts were expecting the company to earn $1.30 per share...
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Celebrity-Endorsed Junk Food: What's The Cost?
Wednesday, June 8, 2016 - 4:42pm | 928Celebrity endorsements aren’t cheap. For instance, back in 2003, McDonald's Corporation (NYSE: MCD) paid Justin Timberlake $6 million for a song titled "I'm Lovin' It." In 2012, superstar Beyoncé got roughly $50 million from PepsiCo, Inc. (NYSE: PEP) to...
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Vernors Celebrates 150th Anniversary In Detroit Style
Wednesday, June 8, 2016 - 9:50am | 313Vernors, the carbonated ginger ale from Detroit, Michigan, is celebrating its 150th anniversary this year. Originally started by James Vernon in a Detroit pharmacy just before the Civil War, the soda pop made its way onto store shelves by 1866. Vernors has seen its fair share of management...
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PepsiCo Lower Following Earnings Release
Thursday, February 11, 2016 - 12:55pm | 349Shares of PepsiCo, Inc. (NYSE: PEP) continued to drift trade lower during Thursday's session after the company reported its fourth quarter results. After two hours of trading, shares were at $96.30, down nearly 1.5 percent. The Dow Jones index was lower by around 2.25 percent at the same...
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Earnings Preview: Coke Vs. Pepsi
Sunday, February 7, 2016 - 12:24pm | 557Rival soft drink giants are due to step into the earnings spotlight this week. Analysts are looking for top and bottom line declines from both of them. However, both have exceeded earnings estimates in the past few quarters. Among the most anticipated reports this week are those from long-time...
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Wal-Mart, Coke And Pepsi Will Supply Flint With Water For The Rest Of The Year
Tuesday, January 26, 2016 - 8:39am | 460Wal-Mart Stores, Inc. (NYSE: WMT) announced on Tuesday it will team up with The Coca-Cola Co (NYSE: KO), PepsiCo, Inc. (NYSE: PEP) and Nestle to provide up to 6.5 million bottles of water for approximately 10,000 Flint, Michigan public school students. Wal-Mart is also encouraging other members...
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PepsiCo Shares Have Potential For Short-Term Upside
Monday, April 6, 2015 - 7:48am | 406PepsiCo, Inc. (NYSE: PEP) shares have basically been in consolidation mode since the price peak at $100.80 on November 28, 2014. The company has strong operations across multiple product categories and all over the world. The problem for such global organizations is how to achieve further...
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Why First Solar, SunPower YieldCo Is Like Coke And Pepsi Coming Together
Tuesday, February 24, 2015 - 3:35pm | 714Long-time rivals SunPower Corporation (NASDAQ: SPWR) and First Solar, Inc. (NASDAQ: FSLR) surged after the two rivals announced that they had formed a YieldCo. Raymond James analyst Pavel Molchanov compared this YieldCo to Duke working with North Carolina or The Coca-Cola Co (NYSE: KO) working...