The sex scandal that engulfed Tiger Woods may have cost shareholders of companies endorsed by the world's No. 1 golfer up to $12 billion in losses, according to a study by two economics professors from the University of California, Davis.
The PepsiCo Inc. Is discontinuing its Getorade drink named Tiger Focus, a decision that has been in the works for months according to the Wall street Journal.
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PepsiCo Inc lowered the top end of its revenue and earnings outlooks, as it steps up investments in projects aimed at increasing its growth and profitability amid falling North American soft drink sales.
DirecTV Group Inc said on Wednesday it will appoint PepsiCo Inc executive Michael White as its new chief executive starting on January 1.
Coca-Cola Co unveiled goals on Monday that call for the revenue generated by the company and its bottlers to double to roughly $200 billion by 2020, with profit margins increasing.
Kraft Foods chief executive Irene Rosenfeld is playing hardball with her $16.4 billion hostile offer for Cadbury, triggering a bid battle that could stretch for up to three months.
U.S. companies hurt by the global credit crisis are continuing to hold more cash, even as the economy begins to show signs of improvement, the Wall Street Journal said, citing its analysis of company filings.
It's an expensive lesson on the importance of reading your mail.
Coca-Cola Enterprises Inc and PepsiAmericas Inc sold fewer soft drinks in the United States than analysts anticipated, signaling that consumers remain cautious about spending and pushing shares of both bottlers down.
U.S. soft drinks maker PepsiCo Inc won European Union regulatory approval on Tuesday to buy bottlers Pepsi Bottling Group Inc and PepsiAmericas Inc, deals that will help it cut costs and boost profits.
PepsiCo and Anheuser-Busch have agreed to jointly purchase goods and services, from computers to travel, in the United States in a move one expert called a first for large companies.
PepsiCo Inc reported weaker-than-expected quarterly revenue on Thursday, hurt by falling North American soft drink sales, and cautioned it did not expect a major revival of consumer spending next year.
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PepsiCo Inc reported a higher-than-expected quarterly profit on Thursday, helped by increased sales volumes of snacks and beverages, and its shares rose nearly 2 percent.
PepsiCo Inc reported a higher-than-expected quarterly profit on Thursday, helped by increased sales volumes of snacks and beverages.
Pepsi Bottling Group Inc reported slightly-better-than-expected quarterly profit on Tuesday, but revenue fell short of Wall Street estimates, hurt by lower volume in the United States, Canada and Europe.
Pepsi Bottling Group Inc reported a slightly higher-than-expected quarterly profit on Tuesday, as price increases and easing commodity costs helped offset falling sales volume.
Pepsi Bottling Group Inc reported a slightly higher-than-expected quarterly profit on Tuesday, as price increases and easing commodity costs helped offset falling sales volume.
PepsiCo Inc said on Monday it will combine the North American operations of Pepsi Bottling Group Inc and PepsiAmericas Inc in a new bottling unit to be run by Pepsi Bottling's chief executive, Eric Foss.
Soft drink maker Pepsico Inc said on Saturday that Michael White, vice chairman and PepsiCo International chief executive, would retire later this year after nearly 20 years with the company.
Soft drink maker Pepsico Inc said on Saturday that Michael White, vice chairman and PepsiCo International chief executive, would retire later this year after nearly 20 years with the company.
