New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 17, 2014
08:27 EDTPEPPepsiCo says sees low single digit commodity inflation in 2014
Says the world continues to be a "volatile and uncertain place," saw signs of this in Q1. Says well-positioned to deliver top-tier returns in the current violent environment. Says on track to achieve three-year $3B productivity program in 2014. Sees FY core tax rate of about 25%. Says foreign exchange picture in Venezuela "very dynamic." Says foreign exchange is expected to negatively impact net revenue and core EPS for FY14 by approximately 3% and 4%, respectively, based on current market consensus rates. Sees EMEA division facing "very difficult" operating profit comparisons. Says foreign exchange translation should have an approximate four-point unfavorable impact on Q2 revenue and an approximate five-point unfavorable impact on Q2 EPS based on current market consensus rates. Sees FY free cash flow over $7B, net CapEx $3B. Says share repurchase activity will occur throughout the year, but is expected to have a more pronounced impact in 2H14 and into 2015. Comments made on the Q1 earnings conference call.
News For PEP From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
May 15, 2015
17:07 EDTPEPTrian Fund gives quarterly update on stakes
NEW STAKES: None. INCREASED STAKES: PepsiCo (PEP), Mondelez (MDLZ), Bank of New York Mellon Group (BK), and Du Pont (DD). DECREASED STAKES: Family Dollar (FDO), and Ingersoll-Rand (IR). LIQUIDATED STAKES: Lazard (LAZ).
May 12, 2015
08:27 EDTPEPU.S. Chamber of Commerce to hold a summit
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use