PEPSICO

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Pepsi Bottling profit tops view, sales miss

Pepsi Bottling Group Inc reported slightly-better-than-expected quarterly profit on Tuesday, but revenue fell short of Wall Street estimates, hurt by lower volume in the United States, Canada and Europe.

Pepsi Bottling profit tops view, shares up

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Pepsi Bottling Group Inc reported a slightly higher-than-expected quarterly profit on Tuesday, as price increases and easing commodity costs helped offset falling sales volume.

Pepsi Bottling profit beats estimates

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Pepsi Bottling Group Inc reported a slightly higher-than-expected quarterly profit on Tuesday, as price increases and easing commodity costs helped offset falling sales volume.
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PepsiCo to form new bottling unit; shares edge up

PepsiCo Inc said on Monday it will combine the North American operations of Pepsi Bottling Group Inc and PepsiAmericas Inc in a new bottling unit to be run by Pepsi Bottling's chief executive, Eric Foss.
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Starbucks exec Gass to head Seattle's Best

Starbucks Corp named Michelle Gass on Thursday to the new role of president of its Seattle's Best Coffee chain, responsible for building out the brand and managing 550 U.S. Seattle's Best cafes.
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Tax junk food, drinks to fight child obesity: report

A strongly worded report on child obesity released on Tuesday recommends that state and local governments tax junk food and soft drinks, give tax breaks to grocery stores that open in blighted neighborhoods and build bike trails.
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Sugar guidelines could hurt soft drink firms

The American Heart Association's recommendation on Monday to cut back dramatically on sugar may be a blow or opportunity for soft drink makers, who have been accused of helping fuel the U.S. obesity epidemic.
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Heart group draws hard line on sugar intake

Americans need to cut back dramatically on sugar consumption, the American Heart Association said on Monday in a recommendation that is likely to rile food and beverage companies.
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PepsiCo to buy bottlers for $7.8 billion; shares up

PepsiCo Inc agreed to buy bottlers Pepsi Bottling Group Inc and PepsiAmericas Inc in a sweetened $7.8 billion deal, after a decade of operating as separate companies, as it seeks to cut costs and boost profits in North America.
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Wall Street edges up on home sales data

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.
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PepsiCo to buy bottlers for $7.8 billion

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.
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Lower open eyed as mixed data spark caution

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.
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PepsiCo posts stronger-than-expected profit

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.
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Coke tops view despite currency hit, shares off

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.
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Coke tops view despite strong dollar

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.
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Water risks ripple through the beverage industry

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.
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Pepsi Bottling rejects PepsiCo's offer

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.
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PepsiCo not just into Pepsi Bottling interest, shares fell

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.

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