PEPSICO

Obama meets with top CEOs, investors

U.S. President Barack Obama walks out of the White House to cross Pennsylvania Avenue to meet with business leaders at Blair House in Washington, December 15, 2010.
With American businesses holding nearly $2 trillion on their books, President Barack Obama said on Wednesday that a meeting with corporate executives of 20 of the largest U.S. companies will help elicit a variety of ideas to grow the economy and boost jobs amid an anemic recovery.
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Wall St gains as banks, home builders rally

Wall Street rose on Thursday, led by banks and home builders after European lenders decided to continue a liquidity safety net for vulnerable banks and pending home sales data showed an unexpected jump in October.
Bottles of Pepsi cola are seen in a display at PepsiCo's 2010 Investor Meeting event in New York

PepsiCo Becomes Russia's Biggest Food, Beverage Co. With Wimm-Bill-Dann Buy

PepsiCo Inc. announced an agreement to acquire 66 percent of Russia's dairy and fruit juice company Wimm-Bill-Dann Foods for $3.8 billion to boost its base in key markets in Eastern Europe and Central Asia. Upon completion of the deal, PepsiCo will be around twice the size of its nearest food and beverage competitor in Russia.
U.S. President Barack Obama

Obama announces $10-bln worth trade deals with India; 54,000 jobs eyed

U.S. President Barack Obama announced 20 new trade deals with India worth about $10 billion, which are likely to create around 53,000 jobs in the United States. Deals ranging from sale of heavy transport and commercial aircraft, to gas and steam turbines have been inked. Obama, who is on a 10-day trip through Asia, presided over a meeting of U.S. and Indian executives in India's financial capital of Mumbai.
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PepsiCo profit, revenue top estimates

PepsiCo Inc reported a quarterly profit just above analysts' expectations, helped by strength in international snack and beverage markets and the recent acquisition of its North American bottlers.
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PepsiCo profit up ex-items

PepsiCo Inc reported higher quarterly profit from operations, helped by strength in international snacks and beverage markets and the recent acquisition of its North American bottlers.
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PepsiCo to invest $2.5 billion more in China

PepsiCo Inc plans to invest $2.5 billion in China over the next three years to expand its presence in a major, growing market where its drinks lag behind rival Coca-Cola Co .
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Obesity task force urges action

(Reuters) - First lady Michelle Obama on Tuesday unveiled a 70-point plan for reducing childhood obesity within a generation, including a call for marketing healthier food, but stopping short of recommending regulatory action or a federal tax on sugary sodas.
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Results from new PepsiCo disappoint; shares slip

PepsiCo Inc posted disappointing results in its first quarterly report since buying its largest bottlers, as promotions by rival Coca-Cola Co hurt its sales and the deal's benefits have yet to kick in fully.
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PepsiCo revenue misses Street view

PepsiCo Inc posted a better-than-expected quarterly profit, but its revenue fell short of Wall Street expectations, hurt by ongoing weakness in its Americas beverage business.
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PepsiCo reports higher quarterly profit

PepsiCo Inc reported higher quarterly earnings on Thursday, helped by the recent purchase of its largest bottlers and sales gains in its snack and international beverage businesses.
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Wal-Mart CEO pay pack down a year after stock award

Wal-Mart Stores Inc CEO Michael Duke received a compensation package worth a bit more than $19 million in the fiscal year ended in January, down sharply from $28.2 million a year earlier when he received a big stock award related to his promotion to CEO.
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Pepsi to cut salt, sugar and saturated fats

PepsiCo Inc said on Sunday it would cut the levels of salt, sugar and saturated fats in its top-selling products.It will increase whole grains, fruits and vegetables, nuts, seeds and low-fat dairy in its product portfolio.
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U.S. approves PepsiCo bottler buy, with conditions

PepsiCo Inc has won U.S. antitrust approval to buy two of its largest bottlers on condition that it take steps to safeguard a rival's business information, the Federal Trade Commission said on Friday.

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