Although PepsiCo Inc. (NYSE: PEP) reported that its fiscal first-quarter earnings declined 4.6% due to restructuring costs and increased spending on advertising and charge linked to devaluation of Venezuelan currency, shares of the beverage Company climbed on Thursday as adjusted earnings and revenue edged past Street’s estimate. [...]
New York-based, world’s largest snack food and beverage maker, PepsiCo (NYSE: PEP) reported results for the third quarter of 2012 ended Sep 8, 2012. [...]
Shares of Intel Corporation (NASDAQ: INTC), a designer and manufacturer of integrated digital technology platforms, are down sharply in trading today. At last check, INTC shares were trading 3.76% lower at $21.51 on volume of 4.62 million. The stock hit a 52-week low of $21.26 in trading today. INTC shares are falling after the company [...]
Beverage and snacks maker, PepsiCo Inc. (NYSE: PEP) reported fiscal second quarter earnings on Wednesday that topped analysts’ estimations. The company also maintained its outlook on full-year profits and revenues. [...]
It seems that beverage companies and processed food makers are turning towards healthier food segments in order to boost their revenues. [...] |
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