PepsiCo (PEP -1%) issues a weak outlook for the year, indicating that "extraordinary levels of...

|About: PepsiCo Inc. (PEP)|By:, SA News Editor

PepsiCo (PEP -1%) issues a weak outlook for the year, indicating that "extraordinary levels of inflation" in commodities will be tough to pass along to consumers. Goodyear (GT +3.5%) expects its Q1 raw material costs to increase 25%-30% Y/Y. Just two of the latest examples of the commodities surge that's starting to weigh on corporate margins.