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 Amazon.com 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.
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, 10:08 AM| 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. 22, 2014, 9:27 AM
Sep. 19, 2014, 9:45 AM| 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. 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, 9:57 AM
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).
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. 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. 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. 13, 2014, 2:02 PM| 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. 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
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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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