PEPSICO

'Flashes' under the gun, Opel Talks Advance, Bigger Spenders

U.S. stocks edged lower on Tuesday as economic data showing contracts for home sales rose more than expected in June was offset by investors booking profits after the recent rally.

Stocks edged higher on Tuesday as better-than-expected data on home sales underpinned signs of an economic recovery, but the gains were capped as investors took profits in shares that propelled the recent rally.

PepsiCo Inc won over its two largest bottlers by raising its takeover offers more than 20 percent to $7.8 billion, giving investors a welcomed but not unexpected windfall.

PepsiCo Inc agreed to buy Pepsi Bottling Group Inc and PepsiAmericas Inc in a sweetened cash-and-stock deal worth $7.8 billion, the second-largest soft drink maker said on Tuesday.

Bigger spenders, Pepsi's Grab, Climate Politics

U.S. stocks headed for a lower open on Tuesday as a mixed data on June personal consumption and expenditures sparked caution, and investors set out to book profits a day after Wall Street rallied to a fresh nine-month closing high.

PepsiCo Inc posted a bigger-than-expected quarterly profit, helped by growth in its international business, but revenue fell short of expectations as North American beverage sales fell, putting pressure on the company to close deals to buy its two big U.S. bottlers.

Coca-Cola Co's better-than-expected quarterly profit was not enough to please investors who looked for stocks with stronger growth potential on Tuesday, as weaker foreign currencies reduced Coke's gains in emerging markets.

Coca-Cola Co reported a better-than-expected quarterly profit on Tuesday, aided by growth in emerging markets, but its shares fell as revenue was lighter than anticipated and investors looked for stocks with stronger growth potential.

Coca-Cola Co reported a better-than-expected quarterly profit on Tuesday, as growth in markets such as India and China helped offset the impact of the stronger U.S. dollar.

U.S. President Barack Obama's visit to Russia has generated over $1.5 billion worth of deals, but a longer term step-change in business between the nations will depend on Moscow boosting the rule of law.

Essentially two kinds of people existed in the '80s: Coke drinkers and Pepsi drinkers. And if you loved Michael Jackson, you had good reason to fall into the latter group.

PepsiCo Inc plan an alliance with Japan's Calbee Foods Co to make and sell food items such as potato chips and prawn crackers in Japan, Pepsi said on Wednesday.

At New York's Del Posto, diners can share a $130 entree of wild branzino fish with roasted fennel and peperonata concentrato and a $3,600 bottle of Dom Perignon. They cannot share a bottle of Perrier or San Pellegrino water.

Pepsi Bottling Group Inc said on Monday its board has rejected a proposal by PepsiCo to buy the remaining stake in the bottler, citing the offer as grossly inadequate.

PepsiCo not just into Pepsi Bottling interest, shares fell Pepsi Bottling Group Inc on Monday said shares fell after it rejected a PepsiCo offer to acquire outstanding shares in common stock on inadequate value and not in the best interest of the company and its stockholders.

Intel Corp. is the U.S. largest single purchaser of green power with more than 1 billion kilowatt-hours of green power annually, the Environmental and Protection Agency said on Tuesday.

Pepsi Bottling Group Inc reported a higher-than-expected quarterly profit and raised its full-year earnings forecast on Wednesday, helped by price increases and cost cuts.

PepsiCo Inc said Monday it will buy the two largest bottlers Pepsi Bottling Group and Pepsi Americas for $6 billion, in a move to control its unit about 80 percent in North American.

PepsiCo Inc offered $6 billion to buy the remaining stakes in its two largest bottlers, Pepsi Bottling Group and PepsiAmericas, as it seeks to secure more control of its distribution and cut costs.