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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Pepsi Bottling Group Inc  forecast 2008 earnings on Thursday that fell short of most Wall Street estimates, due in part to its expectation raw material prices such as corn and aluminum will keep rising.
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PURCHASE, NY -- PepsiCo Inc.&#39;s net income rose 35 percent in its latest quarter from a year ago, helped by growth in beverage and snack volume, as well as a tax benefit.
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Foods made by the Frito-Lay unit of PepsiCo will now carry claims that products with unsaturated fat can curb heart disease risk.
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Don't have a cow over the company's 2004 performance, since 2005 promises to be a lot better.
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Sprint Corp., FON.N  the No. 3  U.S. wireless telephone service company, on Monday said its  2004 results would meet its prior estimates, and the company  released its outlook for earnings and revenues in 2005.
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PepsiAmericas Inc. PAS.N on Monday   cut its earnings outlook for the full year 2006 due to   lower-than-expected net pricing and a higher cost of goods sold   in its U.S. business.
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NEW YORK (CBS.MW) -- Coca-Cola Co. said Thursday it anticipates weakness in several key markets in 2005 and lowered long-term targets for both volume and operating income growth.
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PepsiCo International Chairman and CEO Steve Reinemund will begin his first visit to India from October 24 to take stock of the company&#39;s operations in the country.
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The advertising market will be stronger in 2005 than previously thought, ad industry experts say.
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Sprint Corp.,   the No. 3 U.S. wireless telephone service company, on Monday said its 2004 results would meet its prior estimates, and the company released its outlook for earnings and revenues in 2005.
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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.  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.  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. PEP.N, 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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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 units.
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In trimming its projections, Coca-Cola now looks like a couple other companies that have rebounded.