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Sep. 10, 2015, 10:33 AM
- PepsiCo (PEP -0.2%) CEO Indra Nooyi was ranked by Fortune Magazine as the second-most powerful woman in business behind only Mary Barra at GM.
- It's another feather in the cap of Nooyi who has outlived criticism over some of her strategies and the determination she has shown to keep PepsiCo united as a beverage and snacks company. Nooyi has managed to keep organic growth percolating at PepsiCo, while it adapts to modern consumer preferences.
- The scorecard is working in Nooyi's favor with PepsiCo outperforming both the S&P 500 and Coca-Cola over the last year.
- Fortune Magazine's Most Powerful Women ranking
Sep. 2, 2015, 1:11 PM
- New legislation in New York aims to ban the sale of soda drinks in servings of over 16 ounces to children under the age of 18.
- The bill from New York City assemblyman Matthew Titone is narrower in scope than ex-NYC Mayor Michael Bloomberg's efforts to ban large-sized soda drinks.
- Related stocks: MNST, KO, PEP, DPS.
Aug. 28, 2015, 2:27 AM
- According to forecasts from Beverage Marketing, bottled water sales volume grew at a rate of 7% in the U.S. last year to put it on pace to outsell soda by 2017.
- That's not necessarily all bad news for Coca-Cola (NYSE:KO), Pepsi (NYSE:PEP) and Nestle (OTCPK:NSRGY), which offer several bottled water brands, though it's not an ideal trend.
- The wholesale gallon price of water fell 25% over the past decade compared to a 33% rise in soda prices, and more companies continue to pour into the market.
- Previously: Beverage companies shift focus to water (Jan. 15 2014)
Aug. 19, 2015, 11:38 AM
- Large food companies need to focus on bold M&A and innovation actions over recharging iconic brands, concludes Rabobank in a new report on the sector.
- A shift in consumer preferences has sparked a need to introduce new brands which are on trend - instead of focusing on "innovation-lite" and product reformulation strategies. Buying promising brands at an earlier stage than normal is seen as a forward-thinking strategy.
- Related stocks: KHC, MDLZ, PEP, KO, OTCPK:NSRGY, OTCPK:NSRGF, WWAV, HAIN, K, GIS, POST, CPB, PF, THS.
Aug. 14, 2015, 1:44 PM
- Nestle (OTCPK:NSRGY, OTCPK:NSRGF) or General Mills (GIS +0.5%) could make a run at Mondelez International (MDLZ +0.9%) with Berkshire Hathaway and 3G effectively taking themselves out of the bidding process for a few years due to the Kraft-Heinz merger, speculates The Deal.
- A buyer of Mondelez will have to be heavy hitter due to the company's estimated enterprise value of +$90B. PepsiCo (PEP +0.3%) fits the bill and has Nelson Peltz backing the play, but has a board and CEO seemingly uninterested.
Aug. 12, 2015, 12:47 PM
- Corn prices have swung sharply lower after the USDA raised a forecast for corn production off of improved yields.
- The corn crop is seen coming in at 13.686B bushels vs. 13.53B prior forecast and 13.332B consensus estimate.
- Food sellers could see some back-half cost and feed relief if the trend holds.
- Related stocks: GIS, K, POST, KO, PEP, PPC, CPB, TSN, SEB, SJM.
- Related ETF: CORN
- USDA Crop Production report.
Aug. 7, 2015, 9:33 AM| Aug. 7, 2015, 9:33 AM | 13 Comments
Aug. 6, 2015, 11:18 AM
- Shares of PepsiCo (NYSE:PEP) are up 1% to reclaim the $100 level for the first time since February.
- The food and beverage giant is now less than a dollar from reaching a 52-week high.
- The investment by Pershing Square in Mondelez International could be a contributing factor as the tantalizing prospect of a snack tie-up with Mondelez stays in the conversation.
- PepsiCo is up 6% since reporting Q2 numbers.
Aug. 5, 2015, 9:55 PM
- Bill Ackman has built a $5.5B stake in Mondelez (NASDAQ:MDLZ), WSJ reports, betting that the snack maker will become the biggest target in a wave of consolidation reshaping the food industry.
- Ackman, who reportedly believes MDLZ must grow revenues faster and cut costs significantly or sell itself to a rival such as Kraft Heinz (NASDAQ:KHC) or PepsiCo (NYSE:PEP), is expected to reveal his firm’s ~7.5% stake as soon as tomorrow.
- Ackman’s arrival in MDLZ squeezes the food company between two of the heaviest hitters in the field, his Pershing Square and Trian Fund, co-founded by Nelson Peltz, who became a MDLZ director in January 2014 as part of a truce following another activist campaign.
Jul. 30, 2015, 2:00 PM
- PepsiCo (PEP +0.2%) faces more headaches in Venezuela after government soldiers seized a food distribution center used by the company.
- The company will be forced to use more government channels to deliver food to sellers.
- PepsiCo recorded a $105M net charge related to the bolivar last year.
Jul. 27, 2015, 6:57 PM
- Some of the biggest and best known U.S. businesses join the Obama administration in trying to build momentum for a deal at the climate change summit in Paris later this year.
- A dozen publicly traded companies - AA, AAPL, MSFT, BAC, BRK.B, KO, GM, GS, GOOG, PEP, UPS and WMT - committed to support a “strong" outcome in Paris, and made new pledges to take a variety of steps to tackle climate change.
- For example, Alcoa says it will reduce absolute greenhouse gas emissions in the U.S. by 50% by 2025, and BRK plans to retire 75% of its coal-fueled generating capacity in Nevada by 2019.
- In addition to company-specific goals, the White House says today's announcements total at least $140B in new low-carbon investment and more than 1,600 MW of new renewable energy.
Jul. 27, 2015, 3:45 PM
- The American Beverage Association filed a lawsuit against the city of San Francisco over soda drink warning label requirements.
- The legal filing alleges San Francisco is violating first amendment rights in carrying on a one-sided dialogue.
- The ABA is also prepping to do battle in Alabama where a proposed soda tax is being considered by lawmakers.
- Advocates of a soda tax point to Mexico where consumption dropped significantly following the passing of legislation.
- Related stocks: KO, PEP, DPS.
Jul. 23, 2015, 4:08 PM
Jul. 16, 2015, 4:23 PM
- PepsiCo (NYSE:PEP) declares $0.7025/share quarterly dividend, in line with previous.
- Forward yield 2.9%
- Payable Sept. 30; for shareholders of record Sept. 4; ex-div Sept. 2.
Jul. 9, 2015, 6:56 AM
- PepsiCo (NYSE:PEP) reports organic revenue rose 5.1% in FQ2.
- Developing and emerging market organic revenue increased 11%.
- Foreign exchange translation negatively impacted revenue by 10%.
- Revenue by segment: Frito-Lay North America: $3.45B (+2%); Quaker Foods North America: $546M (-3%); Latin America Foods: $2B (-6%); PepsiCo Americas: $5.34B (+1%); Europe: $2.79B (-24%); AMEA: $1.8B (-4%).
- Frito-Lay North America operating profit increased 7% to $1.01B.
- Total core gross margin grew 115 bps.
- Total core operating margin +60 bps.
- FY2015 Guidance: Organic revenue: mid-single-digit growth; Core tax rate: ~25%; Core EPS: +8%; Net capital expenditure: ~$3B; Productivity savings: ~$1B.
Jul. 9, 2015, 6:32 AM
- PepsiCo (NYSE:PEP): Q2 EPS of $1.32 beats by $0.08.
- Revenue of $15.92B (-5.7% Y/Y) beats by $90M.
- Shares +2.19% PM.
PepsiCo Inc is a food, snack and beverage company. It manufactures, markets, distributes and sells convenient and enjoyable beverages, foods and snacks, serving customers and consumers in more than 200 countries and territories.
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