Kellogg Co agreed to swallow Pringles potato chips for $2.7 billion in a cash deal that makes the cereal company second only to PepsiCo Inc in the global snack food market.
AmerisourceBergen Corp. said on Monday its Chief Financial Officer Michael DiCandilo had resigned to pursue other interests, effective immediately, sparking at least one broker downgrade and sending its shares down more than 3 percent.
PepsiCo has always been in direct competition with Coca-Cola Co., but now it seems that the company's main problem is higher costs for materials. A restructuring plan was announced Thursday that includes cutting 8,700 jobs internationally.
PepsiCo Inc Chief Executive Indra Nooyi laid out a plan to turn around the company's North American soft drink business that includes ramping up advertising, cutting thousands of jobs and a bigger-than-expected decline in near-term earnings.
Stocks rose modestly for a third straight day on Thursday after Greece reached a deal to secure a financial bailout, but investors were cautious after weeks of gains.
Stocks edged higher on Thursday after Greece reached a deal to secure a financial bailout, but investors took a wait-and-see attitude in a market that has become extended after weeks of gains.
PepsiCo Inc forecast lower-than-expected 2012 earnings in a transition year in which it said it would cut thousands of jobs to save money and increase advertising to reinvigorate sales in North America.
PepsiCo Inc. (NYSE:PEP), the world's largest snack-food maker plans to cut 8,700 jobs in a restructuring effort to offset high commodity costs and boost investment in advertising and marketing in North America.
PepsiCo Inc said it planned to pour $500 million to $600 million into its brands this year to increase sales in North America, where it lags behind archrival Coca-Cola Co .
PepsiCo Inc expects to cut 8,700 jobs as part of a plan to save an extra $1.5 billion over the next three years, as it invests more money in marketing and advertising its brands.
While Madonna is known for her vigorous yoga and workout routines, surely no amount of water, massage and personal fitness can account for how smooth her face appears in the Give Me All Your Luvin video.
PepsiCo Inc. (NYSE:PEP), the world's largest snack-food maker, is projected to report stronger fourth-quarter profit as PepsiCo continue to capitalize on emerging market growth and proper hedging against commodity price swings.
Coca-Cola (NYSE:KO), the giant beverage maker, said on Tuesday that net income fell 71 percent in the fourth quarter on substantial restructuring charges, but increased beverage sales beat Wall Street expectations, and it announced a cost cutting plan to pay for rising commodity costs and bolster its brands.
British singer/rapper M.I.A. gave the finger to an audience of millions during a performance of Gimmie All Your Lovin.
Madonna dazzled football fans and more than 100 million television viewers on Sunday when she performed during a glittery, spectacular Super Bowl halftime show. She had promised that there would not be wardrobe malfunction.
Millions of people who tune in to the Super Bowl will not be watching for the football, but rather for the commercials and the halftime show. For those who are looking to skip to Madonna's halftime performance, make sure to be around the television between 7:30 and 8:30 p.m. EST.
The Super Bowl is still two days away but some advertisers already are looking like winners as their yet-to-be-aired commercials score millions of hits online and rack up pre-game buzz.
PepsiCo Inc. said company tests of its Tropicana orange juice showed low levels of a potentially dangerous fungicide, but that these levels did not pose a health risk.
PepsiCo Inc said company tests of its Tropicana orange juice showed low levels of a potentially dangerous fungicide, but levels were below federal safety concerns and did not pose a health risk.
PepsiCo Inc is considering cutting about 4,000 jobs and reducing pension contributions in order to boost its earnings, the New York Post said, citing sources close to the situation.
PepsiCo Inc is considering cutting about 4,000 jobs and reducing pension contributions in order to boost its earnings, the New York Post said, citing sources close to the situation.
PepsiCo's reported plans to lay off about 4,000 employees, if confirmed, would be only the latest in a round of mass layoffs large American manufacturers have announced or put into effect just 5 days into the new year.
