PepsiCo profit beats estimates; $12 billion buyback planned

Last Updated: Wednesday, February 11, 2015, 22:11

PepsiCo Inc on Wednesday reported a higher-than-expected quarterly profit, helped by increased sales at its Frito-Lay snack business, and said it would buy back up to $12 billion in stock by 2018.

Coca-Cola cutting up to 1,800 jobs

Last Updated: Thursday, January 8, 2015, 22:52

Coca-Cola says it will cut between 1,600 and 1,800 jobs in coming months to trim costs.

PepsiCo posts double digit volume growth in India

Last Updated: Thursday, April 26, 2012, 21:12

PepsiCo Inc Thursday said its snacks and beverage businesses in India have grown by double digits in volume terms for the three months ended March 31, 2012.

PepsiCo says finds trace fungicide in orange juice

Last Updated: Sunday, January 15, 2012, 09:21

PepsiCo Inc said company tests of its Tropicana orange juice showed low levels of a potentially dangerous fungicide, but levels were below federal safety concerns and did not pose a health risk.

PepsiCo Q3 net up 4% to $2 bn; double-digit growth in India

Last Updated: Wednesday, October 12, 2011, 21:14

Driven by strong volume growth in markets like India and China, soft drinks and snacks major PepsiCo today posted 4 percent increase in net income to USD 2 billion for the quarter ended September 3, 2011, as against the same period last year.

PepsiCo sees less forex boost but keeps outlook

Last Updated: Wednesday, October 12, 2011, 19:45

PepsiCo Inc posted a slightly better-than-expected quarterly profit and affirmed its full-year goal despite a smaller boost from foreign exchange.

PepsiCo names Enderson Guimaraes as global operations chief

Last Updated: Wednesday, September 28, 2011, 19:33

PepsiCo Inc said on Wednesday former Electrolux executive Enderson Guimaraes will join the beverage and snack maker as president, global operations next month.