Business, Logistics

PepsiCo Shares Climb to Highest on Record

pepsi TT File Photo

Call it the nostalgia factor: PepsiCo Inc. is getting a boost from some of its classic brands. The snack and beverage giant posted quarterly results that beat estimates, sending shares to the highest since at least 1980.

Craig Giammona | Bloomberg News
April 17, 2019
Business, Logistics, Top 100

PepsiCo Buys Wellness-Focused Muscle Milk in New CEO’s First Move

pepsi Luke Sharrett/Bloomberg News

New PepsiCo Inc. CEO Ramon Laguarta has made his first acquisition, purchasing the maker of sports and wellness products Muscle Milk from Hormel Foods Corp. for an undisclosed amount.

Jonathan Roeder | Bloomberg News
February 20, 2019
Business, Logistics, Top 100

Pepsi Soothes Investors With Sales Growth, Plans for Payouts

pepsi Luke Sharrett/Bloomberg News

PepsiCo Inc. rose in early trading as investors brushed off a lower profit forecast, instead focusing on sales growth in snacks and North American beverages and the company’s plans to return about $8 billion to shareholders this year.

Craig Giammona | Bloomberg News
February 15, 2019

Coke Shares Drop Most Since 2008

Coca-Cola Vincent Mundy/Bloomberg News

Coca-Cola Co. plunged the most intraday in more than 10 years on Feb. 14 after the company released a lackluster forecast for 2019 and highlighted upcoming obstacles such as currency pressures, geopolitical tensions and weakening consumer sentiment.

Craig Giammona | Bloomberg News
February 14, 2019

PepsiCo’s Beverage Business Bounces Back as New CEO Takes Over

Pepsi Truck Luke Sharrett\Bloomberg News

Indra Nooyi is stepping aside amid signs of a turnaround in PepsiCo Inc.’s drinks business. The company’s struggling North American beverage unit returned to growth in the third quarter, helping the company beat earnings estimates as the longtime CEO hands the reins to deputy Ramon Laguarta on Oct. 3.

Bloomberg News
October 2, 2018
Business, Fuel

Pepsi Heads Seven Fleets Competing in Run on Less Event

Seven fleets are participating in national Run On Less event hosted by the North American Council for Freight Efficiency and Carbon War Room, led by PepsiCo Inc., which ranks No. 1 on the Transport Topics Top 100 rankings of private carriers in North America.

Marissa Gamache | Online Reporter
June 21, 2017