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The Latest Breaking News from PepsiCo

Food giants accused of selling less-healthy products to poorer countries

The world’s largest food and beverage companies are selling less healthy products in low-income countries compared to those in wealthier nations – contributing to the global obesity crisis as packaged foods become more prevalent worldwide, a report has warned.

Radio France Internationale

Judge Tosses New York Plastic Pollution Lawsuit Against PepsiCo

A New York Supreme Court justice has thrown out an environmental pollution lawsuit against PepsiCo, in a blow to authorities in the US state who wanted the beverage giant to rein in its use of single-use plastics.

International Business Times

LA County Sues Coke And Pepsi Over Plastic Pollution

Los Angeles County takes legal action against PepsiCo and Coca-Cola for deceptive plastic packaging practices, highlighting environmental and health concerns.

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LA County Sues Coca-Cola, PepsiCo For Misleading Plastic Recycling Claims

Los Angeles County alleges the companies have made false statements regarding plastic recycling. The county is pursuing penalties for both deceit and environmental damage.

International Business Times

LA County sues Pepsi, Coca-Cola over plastic bottles

Los Angeles County is taking on Pepsi and Coke for their role in plastic pollution

The Independent UK

Profiting from Market Highs: 3 High-Potential Bear Call Trades

These three trades all have one thing in common: A high chance of profitability.

Barchart

Dr Pepper makes bold move to claim energy drink crown

Keuring Dr Pepper has inked a major deal to overtake energy drink rivals.

The Street

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UK watchdog formally investigates Carlsberg’s £3.3bn takeover of Britvic

CMA sets 18 December deadline for initial review as it considers whether deal could reduce competition

The Guardian - UK

The crunch, the flavours, the rituals: how crisps became a British snack obsession

From morale boosters in the blitz to comfort food in the pandemic, a short history from ready salted to oyster and vinegar

The Guardian - UK

Nestlé is suffering from a major shift in consumer behavior

The food company just revealed a concerning change in its sales.

The Street

PepsiCo makes desperate move to lure back fleeing customers

PepsiCo is making a major change to a few of its popular snacks.

The Street

Is This Dividend King a Good Stock to Buy Now?

This quintessential blue-chip stock offers a balanced blend of income and growth potential.

Barchart

PepsiCo makes surprising move with irresistible snack food brand

Pepsi is entering a new market with one of its most popular Frito-lay snack brands.

The Street

New Mountain Dew logo is a nostalgia-tinged hit

Another day, another heritage rebrand.

Creative Bloq

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International Business Times

PepsiCo Slashes 2024 Revenue View On Slower Snack Sales In America, Tepid International Markets

Previously, the company had anticipated a 4% growth, but it now expects a low-single-digit increase in organic revenue for 2024. However, PepsiCo has maintained its forecast for core constant currency earnings per share, projecting at least an 8% increase.

The Street

Midday stock movers: Nvidia, PepsiCo, Qualcomm

Here are the stocks making the biggest market moves midday.

The Street

US senator targets shrinkflation in letter to Pepsi, Coke, and General Mills

A high profile senator is taking aim at a major problem facing shoppers.

The Independent UK

Congress Democrats push to stop ‘shrinkflation’ and target major food companies for the practice

Elizabeth Warren and Madeline Dean have written letters demanding that Coca-Cola, General Mills, and PepsiCo stop “profiteering”

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The Guardian - US

Warren and Dean demand Coke, Pepsi and General Mills stop ‘shrinkflation’

Democratic lawmakers accuse companies of shrinking product sizes while charging consumers the same price

Barchart

PEP vs. SBUX: Which Underperforming Dividend Stock is a Better Value?

While both PepsiCo and Starbucks have been underperforming the broader market this year, which dividend-paying stock is a superior buy from a valuation perspective?

Barchart

How To Find Options Trades This Earnings Season

Earnings season is here and we’ve got the first batch of big name companies reporting earnings this week including JP Morgan Chase (JPM), Wells Fargo (WFC), Pepsico (PEP), Delta Airlines (DAL) and Blackrock (BLK).

Fortune

The CEO of consumer giant Reckitt is on a mission to slim down to just ‘power brands’ as the whole industry gets leaner

"What is a power brand? It's when you have a very large brand that enjoys very high levels of trust."

The Street

PepsiCo’s plan to buy a popular brand draws threats from consumers

PepsiCo's latest business move has managed to anger consumers, prompting the company to respond.

Barchart

PepsiCo’s Quarterly Earnings Preview: What You Need to Know

As PepsiCo gears up to unveil its third-quarter earnings next month, analysts are anticipating a lower-single-digit growth in its bottom line.

Fortune

Why Target poached a top PepsiCo exec to be its new CFO

The retail company's new finance chief Jim Lee is leaving PepsiCo after more than 25 years.

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