PepsiCo Net Rises 35%; Frito-Lay Job Cuts Planned
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PepsiCo Inc., the world&#39;s No. 2 soft- drink maker, said third-quarter earnings increased 35 percent, spurred by surging demand overseas.
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Pepsico Inc.  posted a 26 percent jump in sales in China, its third-largest market worldwide, to &#36;1 billion in 2004 and aims to sustain double-digit growth in 2005, a senior executive said on Tuesday.
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CHICAGO (CBS.MW) - Shares of Sears Roebuck &amp; Co. rallied as much as 35 percent Friday and provided a boost to the sector&#39;s main measure.
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U.S. producer prices rose a  steeper-than-expected 0.5 percent last month as food prices  jumped, the government said on Tuesday, leading markets to  boost bets for another interest rate hike from the Federal  Reserve.
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The world's second largest drinks firm, Pepsico, thanks strong overseas sales for a 38% jump in proifts.
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Wall Street's quarterly earnings  frenzy is starting to taper off, but U.S. stock investors will  still have plenty of numbers to watch next week. Several media  giants as well as beverage and snack foods company PepsiCo Inc.   and forest products company Weyerhaeuser Co.  are  among those planning to announce results in the week ahead.
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Pepsi Bottling Group Inc., the world&#39;s largest distributor of PepsiCo Inc. beverages, said third- quarter earnings rose 4.4 percent on new Tropicana juice drinks and sales in Europe.
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PepsiCo Inc. will close four Frito-Lay factories by the end of the year, as it moves to streamline production, the company said Thursday.
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PepsiCo Inc.  posted a 60 percent rise in quarterly profit on Thursday, boosted by strength in its Frito Lay snacks business in the United States and growth abroad.
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PepsiCo Inc.  posted a 61 percent rise in quarterly profit on Thursday, boosted by strength in its Frito Lay snacks business in the United States and growth abroad.
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PepsiCo Inc. PEP.N, the world's No.  2 soft drink company, on Thursday said quarterly profit rose  due to tax benefits and strong performances from its key  Frito-Lay snack and North American beverage businesses and  raised its full-year profit forecast.
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PepsiCo Inc. PEP.N, the world's No.  2 soft drink company, said on Thursday quarterly profit rose  due to tax benefits.
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Shares in takeover target National Foods have pushed further ahead on the Australian Stock Exchange. Yesterday, they surged more than 5 per cent higher to $6.25, after Philippine food and drink giant San Miguel
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PepsiCo Inc., the world&#39;s No. 2 soft- drink maker, said third-quarter earnings increased 35 percent, boosted by sales in Asia and lower taxes.
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PepsiCo Inc. PEP.N, the world's No.  2 soft drink company, on Thursday said quarterly profit rose  due to tax benefits and strong earnings at its key Frito-Lay  snack and North American beverage units.
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DUBLIN, Ohio - Wendy&#39;s International Inc. on Thursday said earnings for the third quarter were up more than 4 percent, partly because of increased sales at its Wendy&#39;s and Tim Hortons restaurants.
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Merck & Co. Inc. MRK.N will increase  the number of jobs cut to 5,100 by year end, up from an  original target of 4,400 because its earnings have been hurt by  the withdrawal of its arthritis drug Vioxx.