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PepsiCo Inc Add to portfolio

INX:PEP, Oct 16, 08:37 UTC

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Sunday, October 14


News

Better Buy: PepsiCo, Inc. vs. Anheuser-Busch InBev

PEP ABI

With the beer king and soda giant currently yielding 4.8% and 3.5%, respectively, that remains true today. But which of these dividend stalwarts is the best buy now? Their vast global distribution networks provide both Anheuser-Busch InBev and Pepsi with powerful competitive advantages. Combined with its broad beverage lineup, this gives Pepsi greater revenue diversification than AB In-Bev. For this reason, I'd argue that Pepsi has the stronger competitive position. Wall Street forecasts that AB InBev will increase its earnings per share at 9.3% annually over the next five years, fueled by its margin-expanding "premiumization" initiatives -- which are boosting sales of its higher-priced brands -- and additional cost savings related to its merger with SABMiller.

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Deutsche Bank Cuts PepsiCo (PEP) Price Target to $116.00 – XNewsPress

PEP

Deutsche Bank’s price objective would suggest a potential upside of 10.18% from the stock’s previous close. BMO Capital Markets cut their target price on PepsiCo from $110.00 to $109.00 and set a “market perform” rating on the stock in a report on Wednesday, October 3rd. The company has a market capitalization of $158.12 billion, a P/E ratio of 20.13, a price-to-earnings-growth ratio of 2.63 and a beta of 0.67. CCM Investment Advisers LLC now owns 73,683 shares of the company’s stock worth $8,836,000 after acquiring an additional 2,261 shares during the last quarter.

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Friday, October 12


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Marathon Asset Management LLP Boosts Position in PepsiCo, Inc. (NASDAQ:PEP) – XNewsPress

PEP

Marathon Asset Management LLP grew its stake in PepsiCo, Inc. (NASDAQ:PEP) by 0.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). Finally, Susquehanna Bancshares reduced their price objective on shares of PepsiCo from $136.00 to $135.00 and set a “positive” rating on the stock in a research note on Friday, September 28th. In other news, CEO Laxman Narasimhan sold 5,500 shares of the firm’s stock in a transaction that occurred on Thursday, October 4th. Following the sale, the chief executive officer now directly owns 130,135 shares in the company, valued at approximately $13,897,116.65.

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WPP shops lose AmEx, PepsiCo as clients, compounding on Ford blow

WPP PEP +2 more WPP PEP F AXP

WPP shops lose AmEx, PepsiCo as clients, compounding on Ford blow. American Express has selected IPG's Universal McCann as its new media agency of record after finalizing a global media review launched in May, according to Adweek. Publicis' Digitas, a partner of AmEx for more than 25 years, lost the company's digital planning and buying business following the review, though it will maintain digital creative responsibilities, which are reportedly more significant in terms of revenue. Along with the change in creative partners, the automaker claimed it would launch a new agency model with more than 100 in-house marketers. For years, Ford had worked with a dedicated WPP agency, GTB, on these duties, but that unit will now handle activation and media buying and planning, among other things.

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Thursday, October 11


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PepsiCo to End Its Relationship With WPP’s VMLY&R After More Than 8 Years – Adweek

PEP

The WPP-owned agency has counted Gatorade and Tropicana digital as two of the larger accounts run out of its Kansas City, Kan. headquarters. “Gatorade and digital agency of record VML have enjoyed a successful relationship over the past eight and a half years (Tropicana for four and a half years),” the Pepsi representative wrote. She also said the company is “proud of our work together and the business results it has achieved” but has “agreed to part ways,” adding: “As we look ahead to 2019, we will be evaluating a differentiated model within the digital space. The news comes approximately two weeks after WPP announced that VML would merge with the more traditional creative network Y&R to form VMLY&R in the first major move made by incoming holding company CEO Mark Read.

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JPMorgan Chase & Co. Analysts Give AXA (CS) a €28.20 Price Target – PressOracle

JPM PEP +1 more JPM PEP CS

Several other research firms have also recently commented on CS. Kepler Capital Markets set a €28.70 ($33.37) target price on AXA and gave the company a buy rating in a research note on Friday, August 3rd. Societe Generale set a €30.00 ($34.88) price objective on AXA and gave the stock a buy rating in a research note on Friday, August 3rd. Shares of AXA stock traded up €0.23 ($0.27) during trading on Monday, hitting €22.80 ($26.51). AXA has a 1-year low of €22.13 ($25.73) and a 1-year high of €27.69 ($32.20).

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PepsiCo and Loop Industries Sign Multi-Year Supply Agreement for Loop Branded 100% Sustainable Plastic

PEP

PepsiCo and Loop Industries Sign Multi-Year Supply Agreement for Loop Branded 100% Sustainable Plastic. Loop Industries, Inc. (Nasdaq:LOOP), a leading technology innovator in sustainable plastic and PepsiCo, Inc. (NASDAQ:PEP) today announced that they have entered into a multi-year supply agreement that will enable PepsiCo to purchase production capacity from Loop’s joint venture facility in the United States and incorporate Loop™ PET plastic, which is 100% recycled material, into its product packaging by early 2020. As the demand for sustainable packaging solutions continues to grow, Loop Industries has emerged with truly transformational technology that allows no and low value plastics to be diverted, recovered and recycled endlessly into new, virgin-quality Loop™ PET plastic. This innovation allows plastic bottles and packaging of any color, transparency or condition, carpet, clothing and other polyester textiles that may contain colors, dyes or additives, and even ocean plastics that have been degraded by sun and salt to meet FDA requirements for use in food-grade packaging. As one of the largest purchasers of recycled PET plastic in the consumer goods space, PepsiCo has identified Loop™ PET as a commercially viable technology to expand the amount of recycled content in its product packaging and help meet its sustainability ambitions and consumer needs. “Loop’s technology enables PepsiCo to be a leading force in ensuring plastic packaging need never become waste,” said Dr. Mehmood Khan, Vice Chairman and Chief Scientific Officer, PepsiCo.

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3 Dividend Stocks That Pay You Better Than Pepsi Does

PEP RDSA +3 more PEP RDSA AZN RDSB AZN

A 3.5% dividend yield and a long track record of dividend increases have turned PepsiCo Inc.(NASDAQ: PEP) into a core holding for many income investors, but Pepsi isn't the only big company that's paying a market-beating dividend. This structure ensures that management and investors have visibility into cash flows that can be used to pay a dividend or buy growth assets. What separates yieldcos in today's market is how aggressively they pay dividends and how flexible their finances are in allowing them to grow. TerraForm Power is solid on both fronts with management planning to pay out just 80% to 85% of cash available for distribution as a dividend, keeping 15% to 20% of cash flows to pay down debt or fund growth. They've also said there is a "clear path" to 5% to 8% dividend growth through 2022. For a stock with a dividend yield that's 6.8% today, that's a much better long-term payout than Pepsi can offer investors.

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PepsiCo Inks Deal With Loop for Sustainable Product Packaging

PEP

PEP has taken a step closer to eliminate non-recyclable plastics by signing a multi-year supply agreement with Loop Industries, Inc. LOOP, a leading technology company in sustainable plastic. This deal will allow PepsiCo to buy production capacity from Loop Industries’ joint venture in the United States and use Loop PET plastic for sustainable product packaging by early 2020. Apart from sustainable and healthy packaging, this partnership includes marketing and communication plans to raise awareness among consumers about recycling, sustainability and the plastics’ circular economy.Other important players like The Coca-Cola Company KO and Mondelez International, Inc. MDLZ have also announced initiatives to recycle plastics and eliminate waste. Also, PepsiCo is expected to further strengthen the Loop’s brand value and mission of speeding up the world’s pace to sustainable plastic and packaging. While PepsiCo's shares reacted little to the news, Loop Industries gained 16.4% yesterday.

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PepsiCo Announces Offers to Exchange Certain Outstanding Notes for New Notes

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Terminology such as "aim," "anticipate," "believe," "drive," "estimate," "expect," "expressed confidence," "forecast," "future," "goal," "guidance," "intend," "may," "objective," "outlook," "plan," "position," "potential," "project," "seek," "should," "strategy," "target," "will" or similar statements or variations of such words and other similar expressions are intended to identify forward-looking statements, although not all forward looking statements contain such terms. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from those predicted in such forward looking statements. Such risks and uncertainties include, but are not limited to: changes in demand for PepsiCo's products, as a result of changes in consumer preferences or otherwise; changes in, or failure to comply with, applicable laws and regulations; imposition or proposed imposition of new or increased taxes aimed at PepsiCo's products; imposition of labeling or warning requirements on PepsiCo's products; changes in laws related to packaging and disposal of PepsiCo's products; PepsiCo's ability to compete effectively; political conditions, civil unrest or other developments and risks in the markets where PepsiCo's products are made, manufactured, distributed or sold; PepsiCo's ability to grow its business in developing and emerging markets; uncertain or unfavorable economic conditions in the countries in which PepsiCo operates; the ability to protect information systems against, or effectively respond to, a cybersecurity incident or other disruption; increased costs, disruption of supply or shortages of raw materials and other supplies; business disruptions; product contamination or tampering or issues or concerns with respect to product quality, safety and integrity; damage to PepsiCo's reputation or brand image; failure to successfully complete or integrate acquisitions and joint ventures into PepsiCo's existing operations or to complete or manage divestitures or refranchisings; changes in estimates and underlying assumptions regarding future performance that could result in an impairment charge; increase in income tax rates, changes in income tax laws or disagreements with tax authorities; failure to realize anticipated benefits from PepsiCo's productivity initiatives or global operating model; PepsiCo's ability to recruit, hire or retain key employees or a highly skilled and diverse workforce; loss of any key customer or disruption to the retail landscape, including rapid growth in hard discounters and the ecommerce channel; any downgrade or potential downgrade of PepsiCo's credit ratings; PepsiCo's ability to implement shared services or utilize information technology systems and networks effectively; fluctuations or other changes in exchange rates; climate change or water scarcity, or legal, regulatory or market measures to address climate change or water scarcity; failure to successfully negotiate collective bargaining agreements, or strikes or work stoppages; infringement of intellectual property rights; potential liabilities and costs from litigation, claims, legal or regulatory proceedings, inquiries or investigations; and other factors that may adversely affect the price of PepsiCo's publicly traded securities and financial performance. For additional information on these and other factors that could cause PepsiCo's actual results to materially differ from those set forth herein, please see PepsiCo's filings with the Securities and Exchange Commission, including its most recent annual report on Form 10-K and subsequent reports on Forms 10-Q and 8-K. Investors are cautioned not to place undue reliance on any such forward-looking statements, which speak only as of the date they are made. We undertake no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.

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