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PepsiCo Inc. is an American multinational corporation headquartered in Purchase, Harrison, New York, United States, with interests in the manufacturing, marketing and distribution of grain-based snack foods, beverages, and other products.
Nelson Peltz's Trian Fund Management LP reported no position in MeadWestvaco Corp. (MWV) after last quarter disclosing it had accumulated nearly 1.6 million shares of the packaging company.The most recent filing also shows that Trian cut its stake in custody bank State Street Corp. (STT) by nearly a quarter, to 2.4 million shares.The update to Trian's holdings were reported in a securities filing late Wednesday, showing a snapshot of the firm's portfolio as of March 31.Trian's previous 13F filing, a form that disclosed the holdings of investors that manage over $100 million at the end of each quarter, showed that it had taken a new position in MeadWestvaco, which makes packaging for health-care, beauty and tobacco industries, among others, toward the end of 2012.The most recent filing also showed Trian with significantly higher stakes in two food companies, Mondelez International Inc. (MDLZ) and PepsiCo Inc. (PEP), than in the prior quarter. The firm reported owning 40.3 million shares...
Treasury Secretary Jack Lew will meet with Wall Street and business executives in New York on Thursday evening to discuss issues, including how to strengthen the U.S...
A new study highlights a slew of major corporate brands, politicians and celebrities which may have bought thousands of fake Twitter followers, according to a New Yo...
Dr Pepper Snapple Group Inc.'s (DPS) first-quarter earnings rose 3.9% due to ongoing cost cuts and a slight improvement in the company's sales, which were helped by ...
Endorse ThisCelebrities, like the rest of us, love stuff. But the amazing thing for them is they often get paid to use said stuff. And they don't just get paid a lit...
A hallmark of many of the most popular dividend ETFs focused on U.S. equities is that these funds are usually tilted heavily toward large-cap stocks.Venerable divide...
Billionaire Nelson Peltz's Trian Fund Management disclosed on Friday its stakes in food industry giants PepsiCo (NYSE:PEP) and Mondelez International (NASDAQ:MDLZ), ...
Dividend stocks and ETFs have been all the rage this year, underscoring the risk off nature of the broader market's rally .Low volatility, high dividend sectors such...
U.S. stocks fell for a second consecutive session Thursday as the busiest day yet for first-quarter earnings yielded disappointments from online auctioneer eBay Inc....
The stock market recorded losses for the third day this week as a couple of economic reports showed that the economy may be slowing.The Conference Board's Index of L...
PepsiCo Inc. (PEP) shares hit a new all-time high after first-quarter sales rose on strong results from its snacks business and in emerging markets, offsetting weak ...
PepsiCo Inc.'s (PEP) first-quarter earnings fell 4.6% as restructuring and other charges masked the food and beverage company's stronger-than-expected revenue growth...
U.S. stocks quickly cleared opening gains on Thursday as investors reacted to a wave of earnings and data that had jobless claims little changed last week.The Dow Jo...
PepsiCo Inc. (PEP) is starting a small test next week of a touch-screen fountain dispensing equipment as it seeks to close the gap with rival Coca-Cola Co. (KO) in t...
PepsiCo Inc. (PEP) next week in Denver, Colo., will begin testing prototype fountain dispensing equipment, industry publication Beverage-Digest reported Friday.The p...
Bank of America Corp. (BAC) shareholders on Wednesday approved a nonbinding proxy proposal on the bank's executive compensation and backed the entire slate of direct...
Mondelez International Inc. (MDLZ) is trying to stay ahead of competitors, eyeing emerging markets' growing appetite for snacks.The maker of Oreos cookies, Cadbury c...
Mondelez International Inc.'s (MDLZ) first-quarter revenue growth missed long-term targets for the third straight period since spinning off its North American grocer...
Retail giant Wal-Mart Stores (NYSE:WMT) has reportedly picked a pair of top internal execs as possible contenders to succeed current CEO Mike Duke. According to Bloo...
Coca-Cola Co.'s (KO) distributor in Australia said first-half earnings may slip for the first time in seven years after the company found itself dragged into a costl...
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