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PepsiCo Inc (PEP.N)

PEP.N on New York Stock Exchange

117.80USD
13 Dec 2017
Change (% chg)

$0.40 (+0.34%)
Prev Close
$117.40
Open
$117.51
Day's High
$118.18
Day's Low
$117.50
Volume
1,188,042
Avg. Vol
1,138,349
52-wk High
$119.39
52-wk Low
$101.15

Latest Key Developments (Source: Significant Developments)

PepsiCo To Move Stock Exchange Listing To Nasdaq
Friday, 8 Dec 2017 04:26pm EST 

Dec 8 (Reuters) - Pepsico Inc ::PEPSICO, INC. TO MOVE STOCK EXCHANGE LISTING TO NASDAQ.PEPSICO INC - WILL BE TRANSFERRING ITS STOCK EXCHANGE LISTING FROM NYSE TO NASDAQ GLOBAL SELECT MARKET EFFECTIVE DECEMBER 19, 2017 AFTER MARKET CLOSE.PEPSICO - PEPSICO SHARES ARE EXPECTED TO BEGIN TRADING AS NASDAQ-LISTED SECURITY ON DEC 20, WITH COMMON STOCK CONTINUING TO TRADE UNDER SYMBOL "PEP.".PEPSICO - BELIEVE STOCK EXCHANGE LISTING MOVE TO NASDAQ WILL PROVIDE CO WITH "GREATER COST-EFFECTIVENESS".  Full Article

Pepsico Names Mike Spanos, Chief Executive Officer, Asia, Middle East And North Africa
Thursday, 7 Dec 2017 08:00am EST 

Dec 7 (Reuters) - Pepsico Inc ::PEPSICO NAMES MIKE SPANOS, CHIEF EXECUTIVE OFFICER, ASIA, MIDDLE EAST AND NORTH AFRICA.PEPSICO INC - SANJEEV CHADHA, CURRENTLY CHIEF EXECUTIVE OFFICER OF AMENA, WILL BECOME CHAIRMAN OF AMENA THROUGH END OF Q1 2018.  Full Article

Microsoft Says Re-Elected 10 Directors And Elected Four New Directors At Shareholders Meeting
Wednesday, 29 Nov 2017 05:08pm EST 

Nov 29 (Reuters) - Microsoft Corp ::MICROSOFT SAYS RE-ELECTED 10 DIRECTORS AND ELECTED FOUR NEW DIRECTORS AT SHAREHOLDERS MEETING.MICROSOFT - APPROVED MICROSOFT CORPORATION 2017 STOCK PLAN AT SHAREHOLDERS MEETING.MICROSOFT - FOUR NEW DIRECTORS INCLUDE REID HOFFMAN, PARTNER AT GREYLOCK PARTNERS; HUGH JOHNSTON, VICE CHAIRMAN AND CFO OF PEPSICO.MICROSOFT - NEW DIRECTORS INCLUDE PENNY PRITZKER, CHAIRMAN OF PSP CAPITAL AND EX-U.S. SECRETARY OF COMMERCE; ARNE SORENSON, CEO OF MARRIOTT.  Full Article

Pepsico says ‍declared a quarterly dividend of $0.805/share of co's common stock
Friday, 17 Nov 2017 04:15pm EST 

Nov 17 (Reuters) - Pepsico Inc :Pepsico Inc - ‍declared a quarterly dividend of $0.805/share of co's common stock, a 7.0 percent increase versus comparable year-earlier period​.  Full Article

Pepsico unit intends to redeem all 500 outstanding shares of 5.90% cumulative preferred stock, Series A at $100,721.11‍​
Tuesday, 14 Nov 2017 05:06pm EST 

Nov 14 (Reuters) - Pepsico Inc :PepsiCo says on Nov 14, co's unit intends to redeem all 500 outstanding shares of 5.90% cumulative preferred stock, Series A at price of $100,721.11‍​.PepsiCo says redemption date for preferred stock will be Dec 29 - SEC filing.  Full Article

CEO of PepsiCo AMENA division on short term medical leave
Friday, 13 Oct 2017 04:43pm EDT 

Oct 13 (Reuters) - PepsiCo Inc :Sanjeev Chadha, CEO of PepsiCo's Asia, Middle East and North Africa division, is taking a short term medical leave from Pepsico​.Says Mike Spanos, president and CEO of PepsiCo Greater China region, will lead AMENA division on interim basis​ - SEC filing.  Full Article

PepsiCo CEO on conf call- There was a marked slowdown in convenience store channel in Q3
Wednesday, 4 Oct 2017 08:30am EDT 

Oct 4 (Reuters) - Pepsico Inc :CEO on conf call- there was a marked slowdown in the c store channel in Q3.CEO on conf call- Gatorade, which accounts for approximately 1/5 of our Q3 volume , declined.CEO - drove 6% net revenue growth for cheetos brand in q3 with new products, such as Cheetos, Jalapeño Cheetos and our Simply line and Mac And Cheetos.CEO - in Latin America, continue to see very challenging macroeconomic conditions and geopolitical instability, which dampened consumer spending.This year, our e-commerce retail sales are projected to be up 80% in the United States and nearly double in China.CEO - "when you start getting into this competitive battle of more and more promotions, we've been there, done that, i don't think that is a way to create long term strong businesses.".CEO - " ownership of the bottling business is going to make a huge difference".  Full Article

Pepsico reports Q3 core earnings per share of $1.48
Wednesday, 4 Oct 2017 06:02am EDT 

Oct 4 (Reuters) - Pepsico Inc : :Pepsico Q3 earnings per share $1.49 .Q3 core earnings per share $1.48 .Q3 net revenue $16.24 billion, up 1 percent.Pepsico Inc Q3 earnings per share view $1.43, revenue view $16.31 bln -- Thomson Reuters I/B/E/S.Pepsico sees 2017 core earnings per share $5.23.Now expects FY organic revenue growth to approximate co's year-to-date growth rate.Pepsico Inc FY2017 earnings per share view $5.16 -- Thomson Reuters I/B/E/S.Pepsico - Foreign exchange translation now expected to negatively impact reported net revenue growth by about 1 percent point for FY.Pepsico - Foreign exchange now expected to negatively impact FY core EPS by about 1 percent point.Pepsico - Continues to expect 2017 net capital spending of about $3 billion, dividend payments of about $4.5 billion, share buybacks of about $2 billion.Pepsico - Company intends to reinvest the Britvic gain in the balance of the year.  Full Article

Microsoft announces quarterly dividend and changes to its board of directors
Tuesday, 19 Sep 2017 05:02pm EDT 

Sept 20 (Reuters) - Microsoft Corp :Microsoft announces quarterly dividend and changes to its board of directors.Increases quarterly dividend by 7.6 percent to $0.42 per share.Microsoft - ‍announced appointment of Hugh Johnston, vice chairman and chief financial officer of Pepsico, to its board of directors​.Microsoft - ‍announced appointment of Hugh Johnston, vice chairman and chief financial officer of Pepsico, to its board of directors​.Microsoft - ‍G. Mason Morfit, president and chief investment officer of ValueAct Capital, will not seek re-election to board​.Microsoft - ‍adding Johnston increases Microsoft's board to 13 members.​.  Full Article

PepsiCo selects Esker to enhance its order processing
Thursday, 14 Sep 2017 01:06am EDT 

Sept 14 (Reuters) - ESKER SA ::PEPSICO SELECTS ESKER TO ENHANCE ITS ORDER PROCESSING AND BETTER SERVE ITS CUSTOMERS‍​.  Full Article

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PepsiCo makes biggest public pre-order of Tesla Semis: 100 trucks

SEATTLE PepsiCo Inc has reserved 100 of Tesla Inc's new electric Semi trucks, the largest known order of the big rig, as the maker of Mountain Dew soda and Doritos chips seeks to reduce fuel costs and fleet emissions, a company executive said on Tuesday. | Video