Daily Stocks News » PEP

PepsiCo Posts Strong Q1 Earnings, Maintains Outlook (PEP)

Warren Paige — Thu, 18 Apr 2013 15:51:31 +0000

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.

Lately, the Company has been persistently trying [...]

PepsiCo Reports Q3 Results (PEP)

Warren Paige — Wed, 17 Oct 2012 17:19:00 +0000

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.

For the third quarter, PEP’s revenues decreased by 5% to $16,652 million. Operating Income fell 4% to $2,800 million. Net income dropped 5% to $1,902 million. Net cash from operations [...]

Major Gainers and Losers in Early Trading on October 17; INTC, RLGY, IBM, PEP

Warren Paige — Wed, 17 Oct 2012 14:48:20 +0000

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 [...]

PepsiCo Reports Q2 Results (PEP)

Warren Paige — Wed, 25 Jul 2012 18:10:41 +0000

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.

The fact that PepsiCo is confident of maintaining sales growth is a sign of its strength as many consumer products companies have been struggling [...]

Campbell Soup to Acquire Bolthouse Farms for $1.55 Billion (CPB)

Warren Paige — Mon, 09 Jul 2012 20:41:51 +0000

It seems that beverage companies and processed food makers are turning towards healthier food segments in order to boost their revenues.

While PepsiCo (NYSE: PEP) announced on Monday that it plans to enter the yoghurt market in the U.S. by this summer, Campbell Soup Company (NYSE: CPB) unveiled that it would buy Bolthouse Farms [...]