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Stock Market & Financial Investment News

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May 15, 2014
06:08 EDTPEPTrian says PepsiCo CEO Nooyi made 'major mistake,' Fortune reports
Ed Garden, the CIOI of Nelson Peltz's Trian Fund management, says PepsiCo CEO Indra Nooyi has made a "major mistake" by mismanaging the company and building a "culture of sycophants," Fortune reports, citing comments made at the SALT hedge fund conference. Peltz owns just under 1% of PepsiCo, and earlier this year proposed splitting up the company. Reference Link
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August 24, 2014
18:19 EDTPEPPepsiCo holders would benefit more from split up, Barron's says
PepsiCo shareholders would benefit more if Pepsi and Frito-Lay were split, Barron's contends in its cover article. Cost cutting at both companies would offset synergies, the paper adds. Reference Link

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