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Stock Market & Financial Investment News

News Breaks
April 9, 2014
05:26 EDTSNMX, PEPSenomyx enters into research agreement with PepsiCo, terms not disclosed
Senomyx (SNMX) announced that it has entered into a new collaborative agreement with PepsiCo (PEP) related to Senomyx's Salt Taste Program. The new collaboration will support Senomyx's continued work to identify flavors with modifying properties intended to restore the desired salty taste in products with reduced salt. Under the new agreement, PepsiCo will provide research funding for the Salt Taste Program for 2014 and has options to extend the research funding period. PepsiCo will have non-exclusive rights to salt flavor modifiers discovered during the research funding period. In addition, Senomyx will have the right to supply these flavor ingredients directly to PepsiCo. Financial terms of the agreement have not been disclosed.
News For SNMX;PEP From The Last 14 Days
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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
August 15, 2014
12:16 EDTPEPMonster surges as Coca-Cola takes 16.7% stake in company
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August 14, 2014
17:20 EDTPEPTrian Fund gives quarterly update on stakes
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13:39 EDTPEPPepsiCo price target raised to $104 from $98 at Argus
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