PepsiCo Reaffirms Its 2005 Outlook
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PepsiCo Inc., the world&#39;s second-largest carbonated soft-drink maker, reaffirmed its outlook for 2005 Thursday after rival Coca-Cola Co.
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Merck &amp; Co. Inc.(MRK.N: Quote, Profile, Research) , reeling from the recent withdrawal of its Vioxx arthritis drug, on Wednesday reaffirmed its 2004 earnings outlook but said earnings in 2005 will be lower than analysts had expected.
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PepsiCo Inc.  on Thursday  posted a rise in second-quarter profit, helped by its non-soda  portfolio including Gatorade sports drinks and Aquafina water.
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PepsiCo Inc. , the No. 2 soft-drink maker, on Thursday reported higher fourth-quarter profit on volume growth, a strong pricing environment and a favorable foreign exchange rate.
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The Pepsi Bottling Group posted a profit on Tuesday that beat Wall Street estimates by a penny, despite flat volume.
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PepsiCo Inc.&#39;s net income increased 35 percent in the third quarter as the company benefited from higher international sales and a tax benefit, the Purchase-based beverage and snack food company reported yesterday.
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Merck & Co. Inc.MRK.N, reeling from  the recent withdrawal of its Vioxx arthritis drug, on Wednesday  reaffirmed its 2004 earnings outlook but said earnings in 2005  will be lower than analysts had expected.
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Pepsi Bottling Group Inc., the world&#39;s largest maker and distributor of PepsiCo&#39;s beverages, edged past analysts&#39; estimates by a penny in its third-quarter results released Tuesday.
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Fast-food company Yum Brands Inc.  YUM.N on Tuesday reported a better-than-expected rise in  quarterly earnings, helped by a lower tax rate, and raised its  2005 outlook due in part to its booming KFC business in China.
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The specialty chip maker predicts a lean transition quarter, but it plans a rebound in 2005.
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Kraft Foods Inc. Thursday stood by its previously lowered earnings forecast for the calendar year and said new products including its 100-calorie snack packs would help drive growth in the second half.
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PepsiCo Inc., the No. 2 soft-drink  maker, on Thursday reported an 8 percent rise in fourth-quarter  profit on volume growth, higher prices and a favorable foreign  exchange rate.
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The Pepsi Bottling Group reported higher-than-expected profit yesterday, helped by cost controls and price increases, and raised its full-year forecast, sending its shares up.
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Stocks to watch Thursday: PEPSICO INC. :
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PepsiCo Inc. PEP.N, the world's  No. 2 soft drink company, on Wednesday reaffirmed its 2004  profit forecast and named former Kraft Foods Inc. KFT.N  executive Irene Rosenfeld, 50, to run its Frito-Lay division.
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NEW YORK - PepsiCo (PEP), the world&#39;s No. 2 soft drink company, said Thursday that quarterly profit rose because of tax benefits and strong performances from its key Frito-Lay snack and North American beverage
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ATLANTA - PepsiCo Inc. , the world's second-largest soft-drink maker, will add lower-calorie Gatorade sports drinks and a caffeinated version of Propel water in a bid to overcome a slump in North American soda sales.