PEPSICO

Futures on major U.S. stock indices point to higher opening on Thursday but pared earlier gains after the Department of Labor reported that weekly jobless claims climbed last week.

Wall Street rose on Thursday, led by banks and home builders after European lenders decided to continue a liquidity safety net for vulnerable banks and pending home sales data showed an unexpected jump in October.

PepsiCo Inc. announced an agreement to acquire 66 percent of Russia's dairy and fruit juice company Wimm-Bill-Dann Foods for $3.8 billion to boost its base in key markets in Eastern Europe and Central Asia. Upon completion of the deal, PepsiCo will be around twice the size of its nearest food and beverage competitor in Russia.

U.S. President Barack Obama announced 20 new trade deals with India worth about $10 billion, which are likely to create around 53,000 jobs in the United States. Deals ranging from sale of heavy transport and commercial aircraft, to gas and steam turbines have been inked. Obama, who is on a 10-day trip through Asia, presided over a meeting of U.S. and Indian executives in India's financial capital of Mumbai.

PepsiCo Inc reported a quarterly profit just above analysts' expectations, helped by strength in international snack and beverage markets and the recent acquisition of its North American bottlers.

PepsiCo Inc reported higher quarterly profit from operations, helped by strength in international snacks and beverage markets and the recent acquisition of its North American bottlers.

Coca-Cola Co will pay $715 million to distribute drinks from Dr Pepper Snapple Group , which had earlier reached a similar, but pricier arrangement with PepsiCo .

PepsiCo Inc plans to invest $2.5 billion in China over the next three years to expand its presence in a major, growing market where its drinks lag behind rival Coca-Cola Co .

PepsiCo Inc said it is planning to up its investment in China by $2.5 billion over the next three years, as it sees more growth in the market.

(Reuters) - First lady Michelle Obama on Tuesday unveiled a 70-point plan for reducing childhood obesity within a generation, including a call for marketing healthier food, but stopping short of recommending regulatory action or a federal tax on sugary sodas.

PepsiCo Inc posted disappointing results in its first quarterly report since buying its largest bottlers, as promotions by rival Coca-Cola Co hurt its sales and the deal's benefits have yet to kick in fully.

PepsiCo Inc posted a better-than-expected quarterly profit, but its revenue fell short of Wall Street expectations, hurt by ongoing weakness in its Americas beverage business.

Corrects last paragraph to show volume increase is in food business, not overall company

PepsiCo Inc reported higher quarterly earnings on Thursday, helped by the recent purchase of its largest bottlers and sales gains in its snack and international beverage businesses.

Coca-Cola Co expects an improving economy to help North American results this year, but it may have less freedom to raise prices as it catches up to an overhaul by rival PepsiCo Inc .

Coca-Cola Co reported higher quarterly earnings on Tuesday, helped by cost controls and strength in emerging markets.

Wal-Mart Stores Inc CEO Michael Duke received a compensation package worth a bit more than $19 million in the fiscal year ended in January, down sharply from $28.2 million a year earlier when he received a big stock award related to his promotion to CEO.

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.

PepsiCo Inc forecast earnings growth at a low-double-digit rate in 2011 and 2012 and said its shift away from independent bottlers in the United States.

PepsiCo Inc backed its outlook for 2010 and said it expects earnings per share to rise at a low-double-digit rate on an constant-currency basis in 2011 and 2012.

PepsiCo (PEP.N) backed its outlook for 2010 and said it saw earnings per share rising at a low double-digit rate on an constant currency basis in 2011 and 2012.