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Pepsico


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PepsiCo Inc <PEP.OQ> expected to post earnings of $1.72 a share - Earnings Preview

PepsiCo Inc expected to post earnings of $1.72 a share - Earnings Preview PepsiCo Inc PEP.OQ PEP.O is expected to show a rise in quarterly revenue when it reports results for the period ending September 30 2023 The Purchase New York-based company is expected to report a 1.6% increase in revenue to $28.454 billion from $28 billion a year ago, according to the mean estimate from 12 analysts, based on LSEG data.
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Mondelez International gains on RBC's upgrade to 'outperform'

BUZZ-Mondelez International gains on RBC's upgrade to 'outperform' ** Shares of Toblerone-maker Mondelez International MDLZ.O gain 1.2% to $72.50 premarket after RBC Capital Markets upgrades to "outperform" from "sector perform" ** RBC says co has "consistently delivered" on earnings and volume growth in FY23, since brokerage's downgrade in early F
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Reusable packaging could cut emissions from plastics by up to 69% -study

Reusable packaging could cut emissions from plastics by up to 69% -study Nov 22 (Reuters) - The widespread adoption of returning and reusing plastic packaging could help to cut greenhouse gas emissions by up to 69%, a study by the Ellen MacArthur Foundation showed on Wednesday. Such schemes not only lower companies' emissions but can also drive down costs for some items, according to the study covering over 60 organisations including national governments and consumer goods companies such as Dano
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Wegovy craze was all the rage on Q3 earnings calls

Wegovy craze was all the rage on Q3 earnings calls By Bhanvi Satija and Savyata Mishra Nov 20 (Reuters) - Weight loss was the talk of this earnings season, making names such as Wegovy, Ozempic and Mounjaro the water-cooler discussion that companies across the globe could not ignore. Analysts attended earnings calls in the third quarter armed with questions for healthcare and consumer companies about the potential effect on their sales from the growing popularity of these drugs, known as GLP-1 ag
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Pepsico Declares Quarterly Dividend

BRIEF-Pepsico Declares Quarterly Dividend Nov 16 (Reuters) - PepsiCo Inc PEP.O : PEPSICO DECLARES QUARTERLY DIVIDEND PEPSICO INC - DECLARED A QUARTERLY DIVIDEND OF $1.265 PER SHARE OF PEPSICO COMMON STOCK Source text for Eikon: ID:nPn4l0PQla Further company coverage: PEP.O
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At APEC, Biden touts workers' rights, stable Chinese relations

UPDATE 4-At APEC, Biden touts workers' rights, stable Chinese relations Adds comments by Freeport CEO in final paragraphs By Trevor Hunnicutt and David Brunnstrom SAN FRANCISCO, Nov 16 (Reuters) - U.S. President Joe Biden on Thursday said he would keep working to advance a Pacific trade pact, even as his vision for a regional deal to counter China's influence stumbled over his bid to strengthen workers' rights.
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Harris to announce $900 mln in pledges to boost women in green sectors

Harris to announce $900 mln in pledges to boost women in green sectors SAN FRANCISCO, Nov 16 (Reuters) - U.S. Vice President Kamala Harris will announce an initiative on Thursday to help women advance in important sectors such as clean energy, fisheries and environmental conservation in countries around the world, the White House said. Harris will announce some $900 million in pledges from governments, companies and civil society organizations as part of the Women in the Sustainable Economy Init
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New York Times business news - Nov 16

PRESS DIGEST- New York Times business news - Nov 16 Nov 16 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. - The New York attorney general sued PepsiCo PEP.O on Wednesday, accusing the food and beverage giant of endangering the environment and misleading the public about its goals to eliminate single-use plastic in its packaging.
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Financial Times - Nov 16

PRESS DIGEST-Financial Times - Nov 16 Nov 16 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines New York sues PepsiCo over plastic pollution EY picks Janet Truncale as the first woman to lead a Big Four firm Fed official warns against calling time on rate-rising cycle too soon Meta challenges EU's landmark digital rules Overview New York state is suing food and drinks giant PepsiCo PEP.O fo
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New York sues PepsiCo over plastics it says pollute, hurt health

UPDATE 5-New York sues PepsiCo over plastics it says pollute, hurt health Adds PepsiCo response, closing stock price By Clark Mindock and Jonathan Stempel NEW YORK, Nov 15 (Reuters) - New York state sued PepsiCo PEP.O on Wednesday, accusing the beverage and snack food giant of polluting the environment and endangering public health through its single-use plastic bottles, caps and wrappers.
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Pepsico Sets Goals To Further Reduce Sodium And Deliver More Diverse Ingredients

BRIEF-Pepsico Sets Goals To Further Reduce Sodium And Deliver More Diverse Ingredients Nov 14 (Reuters) - PepsiCo Inc PEP.O : PEPSICO SETS GOALS TO FURTHER REDUCE SODIUM AND DELIVER MORE DIVERSE INGREDIENTS IN CONVENIENT FOODS PORTFOLIO PEPSICO INC: AIMS FOR AT LEAST 75% OF ITS GLOBAL CONVENIENT FOODS PORTFOLIO VOLUME TO MEET OR BE BELOW CATEGORY S
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Corporate America weighs business impact of new weight-loss drugs

FACTBOX-Corporate America weighs business impact of new weight-loss drugs Adds details on Wegovy's cardiovascular data in paragraph 3 Nov 8 (Reuters) - U.S. companies across sectors such as food and beverage makers and manufacturers of glucose monitors are facing investor questions over the risk to future sales from the growing popularity of promising weight-loss treatments.
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FDA Says Frito-Lay Issued Voluntary Recall Of 16,100 Bags Of 6 ¼ Oz. Off Eaten Path Chickpea Veggie Crisps That May Contain Undeclared Milk Ingredients

BRIEF-FDA Says Frito-Lay Issued Voluntary Recall Of 16,100 Bags Of 6 ¼ Oz. Off Eaten Path Chickpea Veggie Crisps That May Contain Undeclared Milk Ingredients Nov 9 (Reuters) - FDA: FDA: FRITO-LAY ISSUED VOLUNTARY RECALL OF 16,100 BAGS OF 6 ¼ OZ. OFF EATEN PATH CHICKPEA VEGGIE CRISPS THAT MAY CONTAIN UNDECLARED MILK INGREDIENTS FDA: NO ALLERGIC REACTIONS RELATED TO RECALLED FRITO-LAY PRODUCTS HAVE BEEN REPORTED TO DATE FDA: RECALL ISSUED DUE TO UNINTENDED PRESENCE OF CARAMEL SEASONED CRISPS IN
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Disney tops earnings forecasts as Iger sets 'building' phase

UPDATE 3-Disney tops earnings forecasts as Iger sets 'building' phase Adds link to BREAKINGVIEWS column. By Dawn Chmielewski and Lisa Richwine LOS ANGELES, Nov 8 (Reuters) - Walt Disney DIS.N exceeded Wall Street's earnings expectations on Wednesday as higher attendance at its Shanghai and Hong Kong theme parks offset a decline in advertising revenue at television network ABC.
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Disney theme parks strength fuels profit beat, offsets ad weakness

Disney theme parks strength fuels profit beat, offsets ad weakness By Dawn Chmielewski and Lisa Richwine LOS ANGELES, Nov 8 (Reuters) - Walt Disney DIS.N exceeded Wall Street's earnings expectations on Wednesday as higher attendance at its Shanghai and Hong Kong theme parks offset a decline in advertising revenue at television network ABC. The company reported per-share earnings, excluding certain items, of 82 cents in its fiscal fourth quarter ended Sept.
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PREVIEW: Disney quarterly earnings seen more than doubling, year-on-year

BUZZ-PREVIEW: Disney quarterly earnings seen more than doubling, year-on-year ** Shares of Walt Disney CO DIS.N off by 0.3% at $84.36 amid broader market weakness ahead of its earnings report due after market close on Wednesday ** Co seen reporting adj EPS of $0.70 vs $0.30 in year-ago qtr on rev of $21.33 bln, or a 5.8% y/y gain, according to LSEG
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Corporate America weighs business impact of new weight-loss drugs

FACTBOX-Corporate America weighs business impact of new weight-loss drugs Adds details on Lilly's Zepbound in paragraph 3, comments from Resmed and Dexcom Nov 8 (Reuters) - U.S. companies across sectors such as food and beverage makers and manufacturers of glucose monitors are facing investor questions over the risk to future sales from the growing popularity of promising weight-loss treatments.
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PepsiCo Inc Files Prospectus Supplement For Senior Notes - Filing

BRIEF-PepsiCo Inc Files Prospectus Supplement For Senior Notes - Filing Nov 8 (Reuters) - PepsiCo Inc PEP.O : PEPSICO INC FILES PROSPECTUS SUPPLEMENT FOR SENIOR NOTES; SIZE NOT DISCLOSED - FILING Source text for Eikon: [ID:] Further company coverage: PEP.O
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Top of the Street: Maersk, Britvic, Heidelberg Materials, Hargreaves Lansdown

BUZZ-Top of the Street: Maersk, Britvic, Heidelberg Materials, Hargreaves Lansdown A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** J.P.Morgan raises Maersk MAERSKb.CO to "overweight" from "neutral," on a combination of having a less pessimistic view on earnings than guidance, and valuation ** Morgan Stanley raises Heidelberg Materials HEIG.DE to "overweight" from "equal-weight" and says recent underperformance presents an "attractive entry point" INITIAT
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Walt Disney CFO Hugh Johnston's Base Salary Is $2 Mln

BRIEF-Walt Disney CFO Hugh Johnston's Base Salary Is $2 Mln Nov 6 (Reuters) - Walt Disney Co DIS.N : WALT DISNEY CO - CFO HUGH F. JOHNSTON'S BASE SALARY IS $2 MILLION WALT DISNEY CO: JOHNSTON ALSO WILL RECEIVE A SPECIAL ONE-TIME SIGNING BONUS OF $3 MILLION - SEC FILING WALT DISNEY: TO RECOMMEND TO COMPENSATION COMMITTEE JOHNSTON GET ONE-TIME AWARD
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