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PepsiCo Inc. (PEP)

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  • Apr. 29, 2013, 1:07 PM
    Speculation that PepsiCo (PEP +0.3%) will either snap up Mondelez International (MDLZ +0.2%) and spin off a new snack company or explore combination opportunities with Anheuser-Busch InBev (BUD +1.5%) continues to swirl around to affect the conversation on the stock. Though the company hasn't tipped off anything big in nature, PepsiCo CEO Indra Nooyi did tease about exploring "structural options" for the North American beverage business during the firm's recent earnings call. (transcript)
    | 1 Comment
  • Apr. 26, 2013, 6:51 PM
    Pepsi (PEP) is unlikely to buy Mondelez (MDLZ), according to reports in dealReporter, as PEP appears likely to stick with "healthy" food options, and expressed concern about antitrust issues. Rumors about a deal surfaced last week when investor Nelson Peltz disclosed he had taken a stake in both companies.
    | 5 Comments
  • Apr. 19, 2013, 8:29 AM
    Nelson Peltz discloses stakes in Mondelez (MDLZ) and PepsiCo (PEP), following earlier reports the billionaire could be pushing for a merger of the food giants, and PEP says it has held meetings with Peltz's Trian Fund Management in recent weeks to consider its "ideas and initiatives" for long-term growth. Trian says it owned 3.9M PEP shares and 19.4M shares in MDLZ as of Dec. 31. MDLZ +2.3%, PEP +0.8% premarket.
    | 5 Comments
  • Apr. 18, 2013, 9:47 AM
    Shares of PepsiCo (PEP +4.9%) rally a bit more at the open after a spirited premarket session with comments from execs seeming to be helping to tip sentiment. The company's CFO told CNBC the snack portfolio is doing very well in China and CEO Indra Nooyi tipped off during an earnings call that a structural change for the North American beverage business could be launched in 2014.
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  • Apr. 18, 2013, 8:42 AM
    Heard during PepsiCo's (PEP) earnings call: 1) Execs make it clear they held the line on beverage pricing which contributed to volume declines but improved profitability. 2) Profits took a hit from the devaluation of the Venezuelan currency. 3) CEO Indra Nooyi says the company will explore "structural" options for the N.A. beverage business, but nothing specific will be announced 2014. 4) The company sees emerging markets helping drive profits higher with Russia a particular focus. 5) On juices: Tropicana gaining market share and new innovation on tap for Naked. PEP +1.9% premarket. (webcast)
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  • Apr. 18, 2013, 7:17 AM
    More on PepsiCo's (PEP) Q1: A large focus by the company on its operating system and price realization helps it manage to squeeze out more profits on tepid overall sales growth. A 4% gain in revenue for Frito-Lay North America helped offset a slip with PepsiCo Americas. On an organic basis, international beverage volume grew 6% and international snack volume rose 5%. The company sees growing profits by 7% in 2013 on organic revenue growth in the mid-single digits. PEP -0.1% premarket. (PR)
    | 2 Comments
  • Apr. 18, 2013, 7:02 AM
    PepsiCo (PEP): Q1 EPS of $0.77 beats by $0.07. Revenue of $12.6B (+1% Y/Y) misses by $0.01B. (PR)
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  • Apr. 18, 2013, 12:05 AM
    Notable earnings before Thursday’s open: ADS, AN, APH, BAX, BBT, BPOP, BTU, BX, CY, DHR, FCS, FCX, FITB, KEY, LDK, MMR, MS, NOK, NUE, OMC, PBCT, PENN, PEP, PM, PPG, SHW, SNA, SON, TSM, TZOO, UNH, UNP, VZ
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  • Apr. 17, 2013, 5:30 PM
    Notable earnings before Thursday’s open: ADS, AN, APH, BAX, BBT, BPOP, BTU, BX, CY, DHR, FCS, FCX, FITB, KEY, LDK, MMR, MS, NOK, NUE, OMC, PBCT, PENN, PEP, PM, PPG, SHW, SNA, SON, TSM, TZOO, UNH, UNP, VZ
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  • Apr. 17, 2013, 10:11 AM
    More analysis on the rumored PepsiCo (PEP) - Mondelez International (MDLZ -0.8%) combination (previous): JPMorgan's John Faucher is a major skeptic that PepsiCo will be willing to merge Frito-Lay with Mondelez even with activist investors on the scene. The analyst notes a tax-advantaged Reverse Morris Trust transaction is unlikely due to the size of the potential deal while an outright buy of MDLZ would be too pricey.
    | 10 Comments
  • Apr. 15, 2013, 10:12 AM
    Speculation over a potential marriage between Mondelez International (MDLZ) and PepsiCo's (PEP) snacks food business looks even more intriguing after Pershing Square makes an investment in Mondelez, according to dealReporter. The 13-F which just became public due to a confidentiality clause only covers the purchases Pershing Square made up until December 31. Next month's round of 13-F filing releases will tell a clearer story on which firm might be pushing the board. (Previous: Nelson Pulz invests in MDLZ)
    | 1 Comment
  • Apr. 13, 2013, 8:25 AM
    When looking for dividend stocks, Kelley Wright believes a company isn't necessarily more attractive just because it pays a higher dividend. The key is when a stock's current yield is at the high end of the range of past yields; a strong balance sheet and a consistent pattern of higher earnings and rising dividends help too. Wright's top 10: APD, ADM, KO, COP, CVX, OXY, PEP, RS, TXN, WAG.
    | 19 Comments
  • Mar. 28, 2013, 1:59 PM
    A trend to watch: The sharpest drop in corn prices in nine months on a higher-than-expected tally of domestic corn inventories could bode well for a number of food companies expecting to see high commodity costs. Though the implications can be broad if lower corn prices take hold, a few firms which might see a margin kick include General Mills (GIS +0.6%), PepsiCo (PEP +0.6%), Coca-Cola (KO +0.3%), Post Holdings (POST +1%), and Kellogg (K -0.3%).
    | 5 Comments
  • Mar. 25, 2013, 4:10 PM
    Beverage Digest says Americans' thirst for carbonated soft drinks waned in 2012. Total soda sales fell 1.2% last year and would have fallen 1.7% were it not for the boost (no pun intended) provided by Red Bull, Monster, and other energy drinks. The new figures suggest soft drink consumption is declining at twice the pace witnessed just two years ago. 
    | 5 Comments
  • Mar. 25, 2013, 11:15 AM
    Citigroup calls a potential takeover by Pepsico (PEP -0.8%) of Mondelez (MDLZ +0.9%) very reasonable to all parties. Even if PepsiCo doesn't pull the trigger, Mondelez is seen as a tasty treat for a different large food company. (Previous: PepsiCo pushes back at MDLZ buyout idea)
    | 8 Comments
  • Mar. 22, 2013, 12:30 PM
    PepsiCo (PEP +3.7%) issues a statement indicating it doesn't see a need to make any large acquisitions after a British newspaper suggested Nelson Peltz might push for a merger between the company and Mondelez International (MDLZ +4.8%). An underlying debate with PepsiCo still exists on if more value for shareholders exists by separating the snacks and beverage sides of the business into two separate companies.
    | 4 Comments
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Company Description
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.