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

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)
Comments (4)
  • Honestly. Does anyone besides Pepsi employees and shareholders want this company to grow? Same for KO.
    14 Feb 2013, 09:05 AM Reply Like
  • Hell yes I want it to grow, otherwise my investment in Novo-Nordisk (NVO) is rather pointless.

     

    Disc: Long PEP, MCD, NVO
    14 Feb 2013, 09:44 AM Reply Like
  • A diversified approach. I should buy HCA and SWHC.
    14 Feb 2013, 10:44 AM Reply Like
  • Oh yes, I am long OHI incase some slip through. SWHC pays no dividends so it is off my radar, however, YMMV.
    14 Feb 2013, 11:00 AM Reply Like
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