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PepsiCo Inc (PEP.OQ)

PEP.OQ on NASDAQ Stock Exchange Global Select Market

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11:17am EST
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Latest Key Developments (Source: Significant Developments)

Pepsico Announces Definitive Agreement To Acquire Bare Snacks
Friday, 25 May 2018 12:30pm EDT 

May 25 (Reuters) - PepsiCo Inc ::PEPSICO ANNOUNCES DEFINITIVE AGREEMENT TO ACQUIRE BARE SNACKS, EXPANDING BETTER-FOR-YOU PORTFOLIO INTO BAKED FRUIT AND VEGETABLE SNACKS.PEPSICO INC - BARE SNACKS WILL CONTINUE TO OPERATE INDEPENDENTLY FROM ITS HEADQUARTERS IN SAN FRANCISCO.PEPSICO INC - UPON CLOSING, BARE SNACKS WILL CONTINUE TO OPERATE INDEPENDENTLY FROM ITS HEADQUARTERS IN SAN FRANCISCO.PEPSICO INC - ENTERED INTO A DEFINITIVE AGREEMENT TO ACQUIRE BARE FOODS CO.PEPSICO INC - BARE SNACKS LEADERSHIP WILL REPORT INTO FRITO-LAY NORTH AMERICA.  Full Article

PepsiCo To Withdraw Chicago Stock Exchange Listing Retains Nasdaq Listing
Friday, 18 May 2018 04:26pm EDT 

May 18 (Reuters) - PepsiCo Inc ::PEPSICO, INC. TO WITHDRAW CHICAGO STOCK EXCHANGE LISTING; RETAINS NASDAQ LISTING.PEPSICO INC - COMMON STOCK WITHDRAWAL FROM CHICAGO STOCK EXCHANGE IS EXPECTED TO BE EFFECTIVE WITHIN NEXT MONTH.PEPSICO INC - HAS DECIDED TO WITHDRAW ITS LISTING FROM CHICAGO STOCK EXCHANGE TO ELIMINATE COSTS INHERENT WITH DUAL LISTINGS.  Full Article

Bundaberg Brewed Drinks And Pepsi Announce Distribution Partnership
Monday, 5 Mar 2018 01:47pm EST 

March 5 (Reuters) - Bundaberg Brewed Drinks::BUNDABERG BREWED DRINKS AND PEPSICO ANNOUNCE DISTRIBUTION PARTNERSHIP AS NON-ALCOHOLIC CRAFT BEVERAGE MARKET CONTINUES EXPLOSIVE GROWTH.BUNDABERG BREWED DRINKS - BUNDABERG TO REMAIN SEPARATE BUSINESS ENTITY BUT TO BE DISTRIBUTED IN U.S. THROUGH PEPSI'S NETWORK.  Full Article

Pepsico Says North American Beverage Segment Has Tremendous Room To Improve Overall
Tuesday, 13 Feb 2018 09:29am EST 

Feb 13 (Reuters) - Pepsico Inc ::PEPSICO INC SAYS GAINED MARKET SHARE IN SALTY SNACK AND MACRO SNACKS CATEGORY- CONF. CALL.PEPSICO INC SAYS NAB SEGMENT HAS TREMENDOUS ROOM TO IMPROVE OVERALL.PEPSICO INC SAYS E-COMMERCE BUSINESS IS NOW APPROXIMATELY $1 BILLION IN ANNUALIZED RETAIL SALES.PEPSICO SAYS WILL GIVE BONUS OF UP TO $1,000 TO FULL-TIME FRONT-LINE U.S.-BASED ASSOCIATES DUE TO FINANCIAL BENEFITS PROVIDED BY RECENT U.S. TAX REFORM.PEPSICO SAYS PROVISIONAL $4 BILLION LIABILITY ASSOCIATED WITH INTERNATIONAL ACCUMULATED EARNINGS IS EXPECTED TO BE PAID OUT OVER 8 YEARS STARTING 2019.PEPSICO SAYS EXPECT 2018 ORGANIC REVENUE GROWTH AT LEAST IN LINE WITH OUR 2017 GROWTH RATE OR 2.3 PERCENT.PEPSICO SAYS EXPECT TO MAKE A $1.4 BILLION DISCRETIONARY PENSION CONTRIBUTION IN THE FIRST QUARTER OF 2018 TO MAXIMIZE ITS TAX DEDUCTIBILITY.PEPSICO SAYS IT EXPECTS TO RETURN APPROXIMATELY $7 BILLION TO SHAREHOLDERS IN 2018.PEPSICO SAYS VOLUME TRENDS ARE IMPROVING IN PEPSI, MOUNTAIN DEW, GATORADE AND LIPTON.PEPSICO SAYS PRICING LOWER IS NOT PART OF STRATEGY TO GAIN MARKET SHARE.PEPSICO SAYS GATORADE TRENDS IMPROVING, "FEEL GOOD ABOUT WHAT WE'RE SEEING THE BUSINESS DELIVERING RIGHT NOW".PEPSICO ON DR PEPPER SNAPPLE AND KEURIG GREEN MOUNTAIN DEAL SAYS "SURE THERE IS SOME TOWERING STRATEGIC LOGIC, BUT WE ARE STILL SEARCHING FOR IT".PEPSICO SAYS "CERTAINLY EXPECT SOME LABOR INFLATION PRESSURE IN CERTAIN MARKETS OVER TIME".PEPSICO SAYS "WE WERE LATE TO THE FLAVORED SPARKLING WATER CATEGORY".  Full Article

PepsiCo Reports Quarterly Core EPS of $1.31
Tuesday, 13 Feb 2018 06:17am EST 

Feb 13 (Reuters) - PepsiCo Inc ::PEPSICO REPORTS FOURTH QUARTER AND FULL-YEAR 2017 RESULTS.QUARTERLY REPORTED LOSS PER SHARE WAS $0.50.QUARTERLY CORE EPS WAS $1.31.Q4 EARNINGS PER SHARE VIEW $1.30 -- THOMSON REUTERS I/B/E/S.QUARTERLY RESULTS INCLUDE A $2.5 BILLION PROVISIONAL NET TAX EXPENSE ($1.73 PER SHARE) AS A RESULT OF THE U.S. TCJ ACT.ANNOUNCED NEW SHARE REPURCHASE PROGRAM PROVIDING FOR REPURCHASE OF UP TO $15 BILLION OF PEPSICO COMMON STOCK COMMENCING ON JULY 1, 2018.  Full Article

PepsiCo Reports Quarterly Net Revenue of $19.53 Bln
Tuesday, 13 Feb 2018 06:13am EST 

Feb 13 (Reuters) - PepsiCo Inc ::QUARTERLY NET REVENUE $19,526 MILLION VERSUS $19,515 MILLION.Q4 REVENUE VIEW $19.39 BILLION -- THOMSON REUTERS I/B/E/S.FOR 2018, COMPANY EXPECTS FULL-YEAR ORGANIC REVENUE GROWTH TO BE AT LEAST IN LINE WITH THE 2017 GROWTH RATE.ANNOUNCED 15 PERCENT INCREASE IN ANNUALIZED DIVIDEND PER SHARE BEGINNING WITH JUNE 2018 PAYMENT.FOR 2018, COMPANY EXPECTS CORE EARNINGS PER SHARE OF $5.70.QUARTERLY ORGANIC REVENUE GREW 2.3 PERCENT.FOR 2018, EXPECTS BENEFIT OF TCJ ACT TO BE "SUBSTANTIALLY REINVESTED IN INITIATIVES TO BENEFIT" CO'S U.S.-BASED FRONT LINE WORKFORCE.  Full Article

PepsiCo Extends Global Partnership With UEFA Champions League
Tuesday, 6 Feb 2018 05:00am EST 

Feb 6 (Reuters) - PepsiCo Inc ::PEPSICO EXTENDS GLOBAL UEFA CHAMPIONS LEAGUE PARTNERSHIP.ANNOUNCED EXTENSION OF PARTNERSHIP WITH UEFA CHAMPIONS LEAGUE FOR FURTHER THREE YEARS.  Full Article

Pepsico Sets Quarterly Dividend Of $0.805 Per Share
Monday, 5 Feb 2018 08:00pm EST 

Feb 5 (Reuters) - Pepsico Inc ::SETS QUARTERLY DIVIDEND OF $0.805 PER SHARE.  Full Article

Varun Beverages, Pepsico India Partner For Expanding Tropicana Product Portfolio
Thursday, 4 Jan 2018 07:37am EST 

Jan 4 (Reuters) - Varun Beverages Ltd ::SAYS CO, PEPSICO INDIA PARTNER FOR EXPANDING TROPICANA PRODUCT PORTFOLIO IN TERRITORIES ACROSS NORTH AND EAST INDIA.  Full Article

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

EU mergers and takeovers (Nov 5)

BRUSSELS, Nov 5 The following are mergers under review by the European Commission and a brief guide to the EU merger process: