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PepsiCo Inc. (PEP)

  • Oct. 1, 2014, 2:37 PM
    • PepsiCo (PEP -0.4%) announces it will roll out Pepsi True in the middle of this month.
    • The company is limiting distribution initially to sales off the website.
    • Pepsi True is an attempt by the company to carve out a niche mid-calorie segment. The drink contains stevia - instead of artificial sweeteners and high-fructose corn syrup.
    | Oct. 1, 2014, 2:37 PM | 2 Comments
  • Sep. 24, 2014, 12:51 PM
    • A majority of respondents in a poll conducted by Reuters think NFL sponsors should sever ties with the league due to the handling of star players accused of domestic abuse.
    • It's not a simple call for the consumer-facing companies with ratings for NFL games seemingly unaffected by the issue.
    • Though major sponsors such as PepsiCo (NYSE:PEP), Verizon (NYSE:VZ), Anheuser-Busch InBev (NYSE:BUD) have maintained advertising campaigns, Procter & Gamble (NYSE:PG) canceled a Crest promotion and other advertisers have reportedly asked for shifts away from airing ads during times in the coverage when the controversy is being analyzed.
    • NBC (NASDAQ:CMCSA) has the TV rights to the Super Bowl this season and will hope that demand and pricing for the highly-priced spots before, during, and after the game aren't impacted.
    | Sep. 24, 2014, 12:51 PM | 3 Comments
  • Sep. 24, 2014, 10:08 AM
    • India Prime Minister Narenda Modi says he has asked Coca-Cola (KO +0.5%) and PepsiCo (PEP +0.8%) to add more natural fruit juices to their drinks in an effort to support domestic farming.
    • Food wastage is a major issue in India, prompting Modi's call to the U.S. beverage giants for help.
    | Sep. 24, 2014, 10:08 AM | 5 Comments
  • Sep. 23, 2014, 2:57 PM
    • Soda sellers Coca-Cola (KO -0.6%), Dr. Pepper Snapple (DPS -2.1%), and PepsiCo (PEP -0.7%) sign a pact to work toward a goal of reducing calorie intake in the U.S.
    • The voluntary agreement will see the companies market zero-calorie and low-calorie drinks and provide more calorie counts on products.
    • The terms of the deal were negotiated by the American Beverage Association and the Alliance for a Healthier Generation.
    | Sep. 23, 2014, 2:57 PM | 1 Comment
  • Sep. 22, 2014, 9:27 AM
    • PepsiCo (NYSE:PEP) adds David Page to its board of directors.
    • Page is the director of a biomedical research group affiliated with MIT and a well-known biology professor at the university.
    • He is well-versed in genetics research.
    | Sep. 22, 2014, 9:27 AM | Comment!
  • Sep. 19, 2014, 9:45 AM
    • PepsiCo (PEP +0.6%) says it will phase out using equipment with hydroflourcarbons next year.
    • The company says the move, along with other energy-efficient initiatives, will reduce its greenhouse gas emission tally by 18%.
    • The financial impact of the green push wasn't disclosed.
    | Sep. 19, 2014, 9:45 AM | Comment!
  • Sep. 18, 2014, 11:28 AM
    • PepsiCo (PEP +0.4%) CEO Indra Nooyi publicly criticizes the NFL for its handling of recent scandals.
    • The company paid a huge sum to displace Coca-Cola as the official soft drink of the league a few years ago and has prominent product placement with Gatorade distributed on sidelines at NFL stadiums.
    • An earlier statement from PepsiCo on the developments didn't lay direct blame on the league.
    | Sep. 18, 2014, 11:28 AM | 13 Comments
  • Sep. 16, 2014, 4:01 PM
    • Anheuser-Busch InBev (NYSE:BUD) comes out with the sternest words to date of any of the major NFL sponsors.
    • The global brewer says it's not satisfied with the manner the league has handled the recent incidents involving star players.
    • Earlier statements from big sponsors FedEx (NYSE:FDX), Verizon (NYSE:VZ), and PepsiCo (NYSE:PEP) were more on the supportive side.
    • Procter & Gamble (NYSE:PG) has been relatively quiet, although its CoverGirl Get Your Game Face On campaign was used by protesters to make a strong point.
    • In one of the stronger corporate statements on the NFL developments, the Radisson hotel chain broke off its sponsorship deal with the Minnesota Vikings.
    | Sep. 16, 2014, 4:01 PM | 15 Comments
  • Sep. 16, 2014, 9:57 AM
    • Cowen Research initiates coverage on PepsiCo (PEP +0.6%) with an Outperform rating and $106 price target.
    • Earlier, the investment firm slotted PepsiCo rival Coca-Cola at Market Perform.
    | Sep. 16, 2014, 9:57 AM | Comment!
  • Sep. 11, 2014, 3:05 PM
    • The convenience store channel performed well for soda drink and energy drink sellers in August, according to data from Wells Fargo.
    • Packaged beverage sales rose 4% Y/Y during the period, a pace which has extended into Q4 and beats the overall volume growth seen in the U.S. market this year for the beverage industry.
    • Related stocks: PepsiCo (NYSE:PEP), Coca-Cola (NYSE:KO), Monster Beverage (NASDAQ:MNST), Dr. Pepper Snapple (NYSE:DPS).
    | Sep. 11, 2014, 3:05 PM | 2 Comments
  • Aug. 27, 2014, 10:33 AM
    • PepsiCo (PEP -0.5%) CEO Indra Nooyi met with government officials in India to discuss developing new food products for school lunches in the nation on the healthier side.
    • School lunch safety is a major concern in India where some local suppliers have failed to live up to standards.
    • PepsiCo generates over a $1B in sales a year in India and has big plans in place to expand manufacturing and penetration.
    | Aug. 27, 2014, 10:33 AM | 5 Comments
  • Aug. 25, 2014, 9:01 AM
    • Shares of PepsiCo (NYSE:PEP) are higher in early action after Barron's stokes up the snacks-beverages split discussion again with a cover story.
    • Though the reasons for a business separation cover old Nelson Peltz ground, the piece makes the point that PepsiCo has been responding to the investor pressure through deeper cost-cutting and efficiency initiatives.
    • PEP +1.1% premarket
    | Aug. 25, 2014, 9:01 AM | 2 Comments
  • Aug. 19, 2014, 2:01 PM
    • PepsiCo (PEP -0.2%) will be the title sponsor for the Super Bowl halftime show for the third year in a row.
    • The show is typically the most-watched musical event of the year in the U.S. and gave PepsiCo significant brand exposure in both 2012 and 2013.
    • Finalists to perform this year are Rihanna, Katy Perry, and Coldplay.
    • PepsiCo has shifted its Super Bowl and NFL advertising in recent years to a "masterbrand" approach which encompasses several months of buildup as opposed to the product-specific pitches from rival Coca-Cola.
    | Aug. 19, 2014, 2:01 PM | Comment!
  • Aug. 13, 2014, 2:02 PM
    • PepsiCo (PEP +0.6%) has been sued for $2B by the descendents of a woman who was the inspiration for the Aunt Jemima brand.
    • The filing also asks for the judge to ban Aunt Jemima syrup and pancake products in parts of Africa.
    • The company says the federal suit filed in Chicago is without merit.
    | Aug. 13, 2014, 2:02 PM | 7 Comments
  • Aug. 13, 2014, 9:59 AM
    • Shares of Chiquita Brands (CQB +1.1%) are now 4.3% higher than the offer price the company received from Cutrale Group and Safra Group as investors bet on a bigger banana buyer showing up down the road.
    • MKM Partners thinks it will take an offer of $16 per share to get Chiquita to bite.
    • PepsiCo (PEP +0.1%) and Fresh Del Monte Produce (FDP) have been thrown out as potential bidders.
    | Aug. 13, 2014, 9:59 AM | 1 Comment
  • Aug. 11, 2014, 8:32 AM
    • PepsiCo (NYSE:PEP) is upgraded to a Buy rating from Neutral at UBS.
    • The investment firm likes the heightened urgency at the multinational and tips PepsiCo to beat consensus estimates in upcoming quarters.
    • Despite some grumpiness from Nelson Peltz over the lack of a PepsiCo split, UBS says having Trian in the background is still a positive.
    • Trian Partners letter to PepsiCo (.pdf)
    • PEP +0.8% premarket
    | Aug. 11, 2014, 8:32 AM | Comment!
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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.