SNACK PRICES: The food and snacks company raised Frito-Lay prices by a mid-single digit rate over last year to offset rising commodity prices for grains and cooking oil.
| PEP | 68.92 |
COLA WOES: Sales volume for U.S. beverages fell by 1 percent as consumers who want to save money and cut waste bought less Aquafina bottled water and trademark Pepsi-Cola.
COST CUTTING: The company will disclose plans for a "meaningful" cost-cutting program at the end of the third quarter or early in the fourth quarter.
MORE BUYBACKS: PepsiCo will buy back an additional $1 billion in shares this year, increasing its total share repurchase plan to $5.3 billion for 2008.

The above adage is well known by precious-metals investors; in fact I used this quote in one of our monthly reports. I recall how many inquiries ...
India pledged Friday not to engage in a new arms race as talks continued in Vienna over whether to let the U.S. sell India nuclear material and t...
IN THE HEADLINES McCain caps GOP convention vowing 'change is coming' to Washing...


Professional Website Design For Corporate - Get a Free Quote Today