Heard on PepsiCo's (PEP) earnings call: CEO Indra Nooyi says the company is waiting for the FDA...

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

Heard on PepsiCo's (PEP) earnings call: CEO Indra Nooyi says the company is waiting for the FDA to approve its new beverage sweetener. The development could be important as the company looks to market a new sweetener as a healthier variety with the anti-soda debate still active. On commodity costs, execs note that half of the company's exposure for this year is already covered by contracts and it will continue to hedge appropriately. (webcast)