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Stock Market & Financial Investment News

News Breaks
February 20, 2014
06:23 EDTPEPTrian Partners: PepsiCo should separate into two companies
In a letter to the PepsiCo board, Trian Fund Management detailed why separating global snacks and beverages into two independent public companies is "the right long-term decision" Trian said it was highly disappointed by the ersults of the company's strategic review, and that it will immediately begin to engage fellow shareholders in a public dialogue with the goal of creating support for the separation of snacks and beverages.
News For PEP From The Last 14 Days
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November 26, 2014
07:36 EDTPEPPepsiCo price target raised to $108 from $104 at UBS
UBS raised its price target on PepsiCo to $108 from $104 citing the company's recent earnings beats and solid cash returns. The firm reiterates its Buy rating on PepsiCo despite foreign exchange headwinds, Russian market volatility, and what it considers a relatively high valuation.

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