Pepsico (PEP) stock prices updated...
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Pepsico stock price, PEP
Pepsico stock chart:
Pepsico close price: 109.36
Stock price forecast:
DOWN TO -7.69%
Total forecasts: 90
Reached: 76 (84.44%)
Total Win: 136.04 (132.24%)
Showing 1-10 of 421 items.
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Pepsico latest news:
PepsiCo will change Naked Juice labeling as part of settlement with healthy foods watchdog
PepsiCo Inc. will change the labeling of its Naked Juice smoothie products as part of a settlement agreement with the watchdog Center for Science in the Public Interest. The changes, which PepsiCo plans to implement over the next eight months, include changes to the naming system to explicitly state the nature of the product -- such as "fruit juice" or "fruit and veggie juice" -- and what's inside of it, for example, "kale flavored blend of 8 juices with other natural flavors," according to the agreement. Any imagery on the labels and descriptive statements will also reflect the product's most significant ingredients, and the claim "no sugar added" will be displayed less prominently, along with the disclaimer that the product is not a low-calorie food. The company also said it will not use "unsubstantiated health-content or health-based claims" in marketing or advertising of Naked juices. The settlement does not count as an admission of wrongdoing, PepsiCo and Naked Juice said. CSPI, which advocates for a healthier food system, commended PepsiCo on its cooperation and "commitment to transparency." "Consumers deserve to know at a glance what they're buying, and Naked's labeling and marketing enhancements accomplish that," litigation director Maia Kats said. According to the agreement, the various labeling and marketing commitments expire in five years maximum, and could expire earlier depending on changes in the products or relevant regulations that would affect the entire agreement. PepsiCo agreed to remove the "all natural" claim from its Naked line in 2013 as part of a $9 million lawsuit settlement. PepsiCo shares were up a scant 1.0% in morning trade Tuesday. Shares have surged 6.9% over the last three months, compared with a 7.0% rise in the S&P 500 . Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
PepsiCo sees growth from "guilt-free" items like Baked Lay's
PepsiCo says "guilt-free" products such as baked potato chips and diet sodas are accounting for nearly half its revenue
Healthier fayre helps lift PepsiCo sales
Drinks-to-snacks conglomerate targets cautious 3% sales growth for year ahead
Are Baked Lay's potato chips "guilt-free"? PepsiCo says so
As it tries to transform its image, PepsiCo says "guilt free" products such as baked potato chips and diet sodas account for nearly half its revenue
Pepsi blames global macro concerns for weak outlook; shares fall
(Reuters) - PepsiCo Inc forecast 2017 adjusted earnings below analysts' estimates, citing weakness in its international markets, particularly in developing regions such as Asia, Middle East and North Africa.
Pepsi beats profit expectations, boosted by beverage sales
PepsiCo Inc. reported Wednesday fourth-quarter earnings that slipped to $1.40 billion, or 97 cents a share, from $1.72 billion, or $1.17 a share, in the same period a year ago. Excluding non-recurring items, the beverage and snack giant's adjusted earnings per share came to $1.20, beating the FactSet consensus of $1.16. Revenue rose 5% to $19.52 billion from $18.59 billion, above the FactSet consensus of $19.50 billion. Sales of Frito-Lay North America rose 10% to $4.89 billion, below the FactSet consensus of $4.70 billion, while North America beverage sales jumped 8% to $6.29 billion beat expectations of $4.50 billion. For 2017, Pepsi expects core EPS of $5.09, below the FactSet consensus of $5.16. The stock, which tacked on 0.2% in premarket trade, has gained 5% over the past three months, while the S&P 500 climbed 7.2%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Activist investor Trian takes $3 billion stake in P&G
Procter& Gamble shares jump in late trading. One of the biggest activist investors has built up a more than $3 billion stake in Procter& Gamble Co., adding urgency to the consumer-product giant's efforts to turn around its business and boost its stock price. Trian Fund Management LP, which in previous years has targeted companies like PepsiCo Inc. and DuPont Co., disclosed Tuesday it had bought shares in P&G, which has a market value of $225 billion.
Trade Pepsi's Ugly Selloff
PepsiCo(PEP) is off by more than 1.5% today, as its steep pullback from the December high gains steam. For patient investors, the current set-up should indicate caution, with more downside ahead. After bottoming on Dec. 1, Pepsi quickly returned to rally mode. PepsiCo (PEP) s a holding in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio.
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