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Pepsico News

Peltz blasts PepsiCo again, seeks details on operations, strategy

Activist investor Nelson Peltz, who has been pushing PepsiCo Inc <PEP.N> to separate its beverage and snacks businesses, blasted the company yet again on Thursday and demanded answers on operational is...
In the Media by Siddharth Cavale (Reuters)

Most investors in survey back Pepsi split; Buffett opposes

Investor Warren Buffett and some Wall Street fund managers are divided on activist Nelson Peltz's renewed proposal to split PepsiCo Inc's <PEP.N> robust snacks division from its beverage busi...
In the Media by Lisa Baertlein (Reuters)

PepsiCo says won't spin off North America beverages

PepsiCo Inc <PEP.N>, rejecting a proposal by activist investor Nelson Peltz, said it had decided not to spin off its North-American beverage business, which posted another drop in sales in the fourth q...
In the Media by Siddharth Cavale (Reuters)

Pepsi still contains high levels of carcinogen, group finds

A group, Center for Environmental Health (CEH), announced Wednesday that the caramel coloring used in Pepsi sold outside California still contains high levels of a carcinogen, 4-methylimidazole, even after PepsiCo said it would change its formula.
In the Media by JohnThomas Didymus - 2 comments

Pepsi drops Grammy-winner Lil Wayne over Emmett Till lyric outcry

Pepsi-Cola of North America severed ties with rapper Lil Wayne Friday after the rapper made a crude reference to 14-year-old slain civil rights martyr Emmett Till in a song.
In the Media by Yukio Strachan - 1 comment

Op-Ed: Pepsico's 'Naked Juice' to feel the pain after boycotting Prop 37

Naked Juice is the next company to feel the hurt, after their parent company, Pepsico, contributed $2.5 million against Proposition 37, the ballot initiative for mandatory GMO labeling in the recent elections.
In the Media by Anne Sewell - 2 comments

PepsiCo 'quietly' alters Diet Pepsi sweetener, plans new campaign

PepsiCo is "quietly" changing the formula in its Diet Pepsi product. The company has been slowly rolling out the new Diet Pepsi for weeks now and will continue to do so for the near future. The company plans to launch a new ad campaign next month.
In the Media by Leigh Goessl - 9 comments

New caffeinated Cracker Jacks variety sparks controversy

Frito-Lay is introducing a new caffeinated version of Cracker Jacks, and this variety has sparked controversy. A consumer health advocacy group has voiced concern over including caffeine in snacks.
In the Media by Leigh Goessl - 9 comments

PepsiCo launches 'Pepsi Special' in Japan, a 'fat blocking' soda

Earlier this week PepsiCo launched a new soda in Japan called "Pepsi Special". The claims are this soda contains fat blocking ingredients.
In the Media by Leigh Goessl - 4 comments

'Mouse in Mountain Dew' lawsuit is settled out of court

Madison - A lawsuit against PepsiCo over an alleged mouse in a can of Mountain Dew has been settled for an undisclosed sum of money.
In the Media by Leigh Goessl - 3 comments

Pepsi gets ready to launch lower calorie soda 'Pepsi Next'

Purchase - PepsiCo is looking to make a dent in the soft drink market once again with a new product. What's being described as trying to "fill a void" between diet and regular Pepsi, the new item, Pepsi Next, will be a lower calorie soda.
In the Media by Leigh Goessl - 6 comments

Pepsi plans to cut 8,700 jobs, estimates savings of $1.8 billion

New York - PepsiCo Inc. officially announced that it plans to cut 8,700 jobs, or approximately three percent of its workforce. It will also increase marketing spending by about $600 million. This restructuring is estimated to save the company $1.5 billion by 2014.
In the Media by Andrew Moran - 9 comments

Pepsi gets extension and new attorney in Mountain Dew lawsuit

Madison - This past week PepsiCo hired a new attorney to represent the company in a lawsuit filed in 2009 by a man who claims he found a mouse in a can of Mountain Dew.
In the Media by Leigh Goessl - 2 comments

Report: Pepsi eyes 4,000 layoffs, end to 401(k) to boost profits

New York - In order to boost the company's earnings, Pepsi is looking at cutting about 4,000 jobs from its workforce. It is also eyeing the possibility of ending or reducing pension contributions. A "final decision" is expected in a few days.
In the Media by Andrew Moran

Pepsi defends lawsuit, says Mountain Dew turns a mouse to jelly

Madison - A man named Ronald Ball is suing Pepsi after he allegedly found a mouse in his can of Mountain Dew. The incident happened in November 2008 when the man says he opened a can of the soda product and discovered a dead mouse inside.
In the Media by Leigh Goessl - 14 comments

PepsiCo reveals a bottle made completely of plant materials

PepsiCo announced it's new bottle on Tuesday, made of a 100 percent of plant-based material, reducing the company's carbon footprint and putting them ahead of their competitors.
In the Media by Renee Wilson - 7 comments

Pepsi gets Complete Waiver in Divesting

In a dramatic development in Indian government today exempted PepsiCo from divesting almost half of its stock in India. The move, according to many market observers, will assist in acquiring more FDI.
In the Media by Bodhisattva Banerji

PepsiCo Opens Second Snack Plant in Russia

Five years ago PepsiCo built its first site in Kashira which is located near Moscow and invested $160 million to do so. The Kashira plant is now one of the largest and most modern snack manufacturing sites both in Russia and continental Europe.
In the Media by Bob Ewing - 8 comments
 

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Lil Wayne shown in his Mountain Dew spot
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