PepsiCo Inc. reports on its 3rd qtr Thursday; analysts expect soft drink sales to keep fallingOctober 6th, 2009 Earnings Preview: PepsiCo Inc.MILWAUKEE — Soft drink and snack maker PepsiCo Inc. reports earnings for its fiscal third quarter on Thursday.
Pepsi Bottling Group signs distribution deal, invests in natural beverages brand maker O.N.E.September 22nd, 2009 Pepsi Bottling inks natural beverages dealSOMERS, N.Y. — Soft drink bottler Pepsi Bottling Group Inc.
Analyst says beverage shares to improve, rates PepsiCo Inc. as top in sectorSeptember 17th, 2009 Sector Snap: Beverage shares offer good valuationMILWAUKEE — Shares of the beverage sector, including companies such as PepsiCo Inc. and Dr Pepper Snapple Group Inc., have been underperforming the Standard & Poor's 500 stock index and offer attractive valuations for investors, an analyst said Thursday.
PepsiCo to build Europe's largest bottling factory, worth $150 million, in RomaniaAugust 24th, 2009 PepsiCo to build bottling factory in RomaniaBUCHAREST, Romania — PepsiCo's bottling company PepsiAmericas is investing $150 million (euro105 million) to build Europe's largest bottling factory in Romania, officials said Monday. The factory will be located west of Bucharest, the capital, and will cover 30,000 square meters.
Pepsi bottler to build Europe's largest bottling factory, worth $150 million, in RomaniaAugust 24th, 2009 Pepsi bottler to build bottling factory in RomaniaBUCHAREST, Romania — Pepsi bottling company PepsiAmericas is investing $150 million (euro105 million) to build Europe's largest bottling factory in Romania, officials said Monday. The factory will be located west of Bucharest, the capital, and will cover 30,000 square meters.
PepsiCo to buy its 2 biggest bottlers for $7.8 billion in stock and cashAugust 4th, 2009 PepsiCo to buy bottlers in deals totaling $7.8BMILWAUKEE — PepsiCo Inc. said Tuesday it is buying its two top bottlers for $7.8 billion in a bid to save money and get new products to market more quickly.
Earnings roundup: Viacom 2Q profit, sales slide; acquisition lowers Teva Pharmaceutical netJuly 28th, 2009 Earnings roundup: Viacom, Teva PharmaceuticalAmong the earnings stories for Tuesday, July 28, from AP Financial News:
NEW YORK (AP) — Viacom Inc. said Tuesday its second-quarter profit tumbled 32 percent as revenue fell amid a weak advertising market, slower video game sales and lower box-office results.
Insurer Friends Provident rejects 1.7 billion pound takeover approach from Resolution Ltd.July 13th, 2009 Friends Provident rejects takeover offerLONDON — British insurance and pensions provider Friends Provident PLC said Monday that it had rejected a 1.7 billion pound ($2.7 billion) takeover offer from buyout company Resolution Ltd. Friends Provident said the proposed offer of 0.8 new Resolution shares for every Friends Provident share was "wholly inadequate."
It also said Resolution's governance structure would offer "less transparency" than its shareholders were used to "and a structure significantly different from recognized public company best practice."
Resolution said it was considering making another offer.
Emulex rejects sweetened Broadcom offer, releases preliminary results near top of forecastJuly 9th, 2009 Emulex rejects sweetened Broadcom offerCOSTA MESA, Calif. — Network gear maker Emulex Corp.
PepsiCo and Pepsi Bottling to invest $1 billion in Russia over several yearsJuly 6th, 2009 PepsiCo, Pepsi Bottling to invest $1B in RussiaNEW YORK — Soft drink and snack maker PepsiCo Inc. said Monday it will team up with its largest bottler, Pepsi Bottling Group, to invest $1 billion in Russia over three years.
PepsiCo and Pepsi Bottling to boost Russia stake by $1 billion over several yearsJuly 6th, 2009 PepsiCo, Pepsi Bottling invest $1B more in RussiaMILWAUKEE — Soft drink and snack maker PepsiCo Inc. announced plans Monday to boost its investment in Russia, continuing a trend of consumer companies seeking growth in emerging markets as their U.S.
Pepsi Bottling Group will distribute Rockstar Energy Drink in MexicoJune 24th, 2009 Pepsi Bottling Group to distribute drink in MexicoSOMERS, N.Y. — Pepsi bottling company The Pepsi Bottling Group Inc.
PepsiCo sues Pepsi Bottling Group over approval of "poison pill"May 11th, 2009 PepsiCo sues Pepsi Bottling Group over meetingMILWAUKEE — Soft drink maker PepsiCo Inc. said Monday it is suing its largest bottler, marking the company's first move since Pepsi Bottling Group and another bottler rejected takeover bids last week.
PepsiCo CEO says she still wants to buy bottlersMay 6th, 2009 PepsiCo CEO reiterates interest in bottlersMILWAUKEE — PepsiCo Inc.'s chief executive told shareholders Wednesday that the time is right to buy the soft drink and snack maker's two biggest bottlers in North America — even after one of them rejected a deal. Indra Nooyi said at the annual shareholder meeting that buying Pepsi Bottling Group and PepsiAmericas will save the company money in the long run and help it respond quicker to a changing marketplace.
Pepsi Bottling Group turns down PepsiCo acquisition offer, says it is 'grossly inadequate'May 4th, 2009 Pepsi Bottling rejects PepsiCo acquisition offerMILWAUKEE — Pepsi Bottling Group Inc. said Monday that it has rejected what it called a "grossly inadequate" acquisition offer from PepsiCo Inc., but analysts said that doesn't mean the deal is over, just that Pepsi needs to offer more money.
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