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PepsiCo Inc (PEP.N)

PEP.N on New York Stock Exchange

103.57USD
9 Dec 2016
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$1.42 (+1.39%)
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Latest Key Developments (Source: Significant Developments)

Quaker Canada recalls small quantity of specific lots of Quaker Quinoa bars
Monday, 16 May 2016 04:30pm EDT 

Quaker Canada: Quaker Canada says voluntary recall of a small quantity of specific lots of Quaker Quinoa bars . Products were only distributed in Ontario to Longo's stores and a number of other drug stores and pharmacies across province . There have been no reported illnesses to date .Recall after an ingredient supplier was found to have distributed sunflower kernels that may be contaminated with Listeria Monocytogenes.  Full Article

Quaker Oats Co recalls small quantity of Quinoa granola bars
Monday, 16 May 2016 01:10pm EDT 

Quaker Oats Company: Voluntary recall of small quantity of Quaker Quinoa Granola bars . Recall after ingredient supplier found to have distributed sunflower kernels that may be contaminated with listeria monocytogenes .There have been no reported illnesses to date; at this time there are no other Quaker products involved in recall.  Full Article

PepsiCo Inc reaffirms FY 2016 guidance
Monday, 18 Apr 2016 06:00am EDT 

PepsiCo Inc:Expects FY 2016 organic revenue growth of about 4 percent, excluding impact of the 53rd week.Based on current foreign exchange market consensus rates, foreign exchange translation is expected to negatively impact reported net revenue growth by 4 percentage points and the 53rd week in FY 2016 is expected to contribute about 1 pct. point to reported net revenue growth.Expects FY 2016 core earnings per share of $4.66.  Full Article

PepsiCo Inc gives FY 2016 guidance
Thursday, 11 Feb 2016 06:31am EST 

PepsiCo Inc:Expects FY 2016 organic revenue growth of about 4 percent, excluding impact of the 53rd week.Based on current foreign exchange market consensus rates, foreign exchange translation is expected to negatively impact reported net revenue growth by 4 percentage points and the 53rd week in FY 2016 is expected to contribute about 1 pct. point to reported net revenue growth.Expects FY 2016 core earnings per share of $4.66.  Full Article

PepsiCo Inc - Venezuela food producer Polar says local Pepsi workers freed - Reuters
Sunday, 20 Dec 2015 07:48pm EST 

PepsiCo Inc:Employees at a Pepsi-Cola Venezuela plant have been freed by the government, which had detained them for halting operations for lack of raw materials, Empresas Polar, owner of the local Pepsi PEP.N division, said late on Sunday - RTRS."Pepsi-Cola Venezuela managed to obtain full freedom for its Caucagua plant workers, who were arbitrarily detained on Friday," Polar tweeted, without offering further details - RTRS.President Nicolas Maduro routinely accuses Polar, the country's largest food and beverage producer, of slowing production or hoarding goods to spur product shortages in the OPEC nation's struggling economy. Polar denies that. - RTRS.Polar said labor ministry inspectors arrested several workers on Friday and ordered the reactivation of its plant in the town of Caucagua in the central state of Miranda - RTRS.Polar said production lines were halted because of delays due to the country's currency control system that have left it unable to import the necessary raw materials - RTRS.Venezuelan media reported that labor ministry inspectors, along with local police, ordered the arrest of the manager, two human resources workers and a lawyer at the plant. - RTRS.Maduro has described the country's chronic product shortages as the product of an "economic war" led by opposition leaders and private companies. - RTRS.  Full Article

PepsiCo Inc, Theo Muller stop production at Batavia yogurt plant - Reuters
Thursday, 10 Dec 2015 10:37pm EST 

PepsiCo Inc:PepsiCo Inc and German dairy company Theo Muller Group said on Thursday they had stopped production at their Batavia yogurt plant in upstate New York, without providing a reason - RTRS.Dairy Farmers of America have agreed to purchase the facility and have also expressed interest in hiring several of the plant's employees, PepsiCo said in an e-mailed statement - RTRS.The closure of the plant will result in job losses for 66 employees of the plant. - RTRS.PepsiCo said it will be offering transition assistance to all affected employees of the Muller Quaker Dairy plant. - RTRS.Production was halted because the plant did not meet expectations, the Associated Press quoted the company as saying - RTRS.  Full Article

PepsiCo Inc declares quarterly dividend
Thursday, 19 Nov 2015 04:17pm EST 

PepsiCo Inc:Declared a quarterly dividend of $0.7025 per share of PepsiCo common stock.Payable on Jan. 7, 2016 to shareholders of record at the close of business on Dec. 4.  Full Article

PepsiCo declares quarterly dividend
Thursday, 16 Jul 2015 04:20pm EDT 

PepsiCo:Declared a quarterly dividend of $0.7025 per share of PepsiCo common stock, a 7.3 percent increase versus the comparable year-earlier period.The dividend is payable on Sept. 30 to shareholders of record as of Sept. 4.  Full Article

PepsiCo Inc raises FY 2015 EPS guidance; reaffirms revenue guidance
Thursday, 9 Jul 2015 06:30am EDT 

PepsiCo Inc:Expects FY 2015 mid-single-digit organic revenue growth.Expects FY 2015 core constant currency EPS growth target to 8 percent from 7 percent versus its fiscal 2014 core EPS of $4.63.FY 2015 EPS of $4.51, revenue of $63.65 bln - Thomson Reuters I/B/E/S.  Full Article

PepsiCo Inc announces unsecured revolving credit agreement - Form 8-K
Wednesday, 10 Jun 2015 04:17pm EDT 

PepsiCo Inc:Says On June 8, entered into a new $3,722,500,000 five-year unsecured revolving credit agreement by and among PepsiCo, as borrower, the lenders named therein, and Citibank, N.A., as administrative agent.New $3,722,500,000 364-day unsecured revolving credit agreement by and among PepsiCo, as borrower, the lenders named therein, and Citibank, N.A., as administrative agent, together replace the 2014 Five-Year Credit Agreement and the 2014 364-Day Credit Agreement.  Full Article

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Dr Pepper Snapple, Pepsi buy drinks makers in bid to diversify

Dr Pepper Snapple Group Inc and PepsiCo on Tuesday both announced plans to buy alternative drinks makers, the latest examples of beverage companies branching into products perceived as healthier as soda sales decline.