PEPSICO

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Pepsi to cut salt, sugar and saturated fats

PepsiCo Inc said on Sunday it would cut the levels of salt, sugar and saturated fats in its top-selling products.It will increase whole grains, fruits and vegetables, nuts, seeds and low-fat dairy in its product portfolio.
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PepsiCo profit boosted by strong sales overseas

PepsiCo Inc posted a higher quarterly profit that met Wall Street expectations, helped by brisk sales in international markets such as India, while drinks volumes declined in North America.
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PepsiCo quarterly profit meets view

PepsiCo Inc reported a sharp jump in quarterly profit in line with expectations on Thursday, with sales that came in just ahead of forecasts, and stood by its profit expectations for the full year.
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Pepsi Bottling profit beats Wall Street view

Pepsi Bottling Group Inc , which is due to be acquired this quarter by PepsiCo Inc , reported a higher-than-expected fourth-quarter profit as productivity improvements offset a slight dip in worldwide sales.
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PepsiCo reveals forecast bottler used for merger

PepsiCo Inc (PEP.N) made public on Thursday a financial forecast prepared by PepsiAmericas Inc (PAS.N) when considering PepsiCo's unsolicited $7.8 billion takeover bid for its two largest bottlers.
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Tiger Woods scandal cost shareholders up to $12 billion

The sex scandal that engulfed Tiger Woods may have cost shareholders of companies endorsed by the world's No. 1 golfer up to $12 billion in losses, according to a study by two economics professors from the University of California, Davis.
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Gatorade discontinues Tiger Woods drink

The PepsiCo Inc. Is discontinuing its Getorade drink named Tiger Focus, a decision that has been in the works for months according to the Wall street Journal.
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Daily Wrap Up - Dec 8

The Small Car Glut?: Consumer Agency Gets Cold Shoulder; GM Moves on Executive Search
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PepsiCo lowers top end of 2009 revenue, profit view

PepsiCo Inc lowered the top end of its revenue and earnings outlooks, as it steps up investments in projects aimed at increasing its growth and profitability amid falling North American soft drink sales.
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Kraft aiming to acquire Cadbury more cheaply

Kraft Foods chief executive Irene Rosenfeld is playing hardball with her $16.4 billion hostile offer for Cadbury, triggering a bid battle that could stretch for up to three months.
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U.S. companies holding more cash: report

U.S. companies hurt by the global credit crisis are continuing to hold more cash, even as the economy begins to show signs of improvement, the Wall Street Journal said, citing its analysis of company filings.
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Coke, Pepsi bottlers see sales fall

Coca-Cola Enterprises Inc and PepsiAmericas Inc sold fewer soft drinks in the United States than analysts anticipated, signaling that consumers remain cautious about spending and pushing shares of both bottlers down.
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PepsiCo wins EU approval to buy two bottlers

U.S. soft drinks maker PepsiCo Inc won European Union regulatory approval on Tuesday to buy bottlers Pepsi Bottling Group Inc and PepsiAmericas Inc, deals that will help it cut costs and boost profits.
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Pepsi, Anheuser to jointly buy goods, services

PepsiCo and Anheuser-Busch have agreed to jointly purchase goods and services, from computers to travel, in the United States in a move one expert called a first for large companies.
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PepsiCo shares slip after sales miss view

PepsiCo Inc reported weaker-than-expected quarterly revenue on Thursday, hurt by falling North American soft drink sales, and cautioned it did not expect a major revival of consumer spending next year.
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PepsiCo profit tops expectations

PepsiCo Inc reported a higher-than-expected quarterly profit on Thursday, helped by increased sales volumes of snacks and beverages.

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