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INX:PEP, Jan 21, 04:51 UTC

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Friday, January 18


News

Pepsi offered third contract as Huskers' beverage

PEP

LinPepCo Partnership, the Lincoln distributor for Pepsi, has held the beverage licensing rights for the university since July 1997. LinPepCo submitted a proposal expected to generate about $1.765 million per year, an increase of about 9 percent from its previous contract, which generated about $1.625 million per year. The Pepsi bid was chosen after review by an advisory group with representation from Business and Finance, Athletics, the Faculty Senate, Academic Affairs, University Housing, Student Affairs and student government. “It is our belief at Pepsi that the entire state of Nebraska benefits greatly from strong universities, and we’re committed to helping make sure that continues in the future.”. If approved by the regents, the contract would provide exclusive pouring rights covering retail, fountain-dispensed and vending machine products for City and East campuses, and university-owned and operated facilities at Nebraska Innovation Campus.

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Wednesday, January 16


News

Q4 2019 Earnings Forecast for Zumiez Inc. Issued By Jefferies Financial Group (ZUMZ) – Fairfield Current

PEP JEF

Zumiez Inc. (NASDAQ:ZUMZ) – Jefferies Financial Group upped their Q4 2019 earnings per share estimates for shares of Zumiez in a report issued on Wednesday, January 9th. Jefferies Financial Group analyst J. Stichter now anticipates that the apparel and footwear maker will earn $1.10 per share for the quarter, up from their prior forecast of $1.08. Finally, Pivotal Research reissued a “buy” rating and set a $28.00 target price on shares of Zumiez in a research note on Thursday, January 10th. TIAA CREF Investment Management LLC now owns 233,080 shares of the apparel and footwear maker’s stock worth $6,142,000 after purchasing an additional 1,196 shares during the last quarter.

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Monday, January 14


News

3 Dividend Stocks That Pay You More Than Pepsi Does

PEP HBI

The company consistently converts about 10% of its revenue into free cash flow. But despite PepsiCo being a good dividend stock, there are even better options. Three of our Motley Fool contributors have singled out MPLX LP(NYSE: MPLX), Hanesbrands(NYSE: HBI), and Sun Life Financial(NYSE: SLF) as dividend stocks that sport more attractive dividends than PepsiCo. Just stick a bunch of ticker symbols on a wall, put on a blindfold, and throw a dart. If you want to find a higher yield in the energy sector that you can reliably count on for years with considerable growth ahead, then you might want to take the blindfold off and aim for MPLX. Sean Williams (Sun Life Financial): Pepsi is a great brand-name company with a yield that handily surpasses the average payout for the broader market. But if you want a company with even better income prospects, consider insurance and wealth-management company Sun Life Financial. Sometimes boring is beautiful, and when it comes to simplicity, pricing power, and profitability, there's nothing quite like the insurance business. While no insurer is immune to occasional dips in profitability from unpredictable claiming patterns, insurers by nature possess the pricing power to increase premiums following a period of higher claims or to steadily increase premiums with the assumption that a higher-claims period is imminent at some point in the future. Since Sun Life covers such a broad swath of insurance products (i.e., health, life, long- and short-term disability, dental, absence management, and medical stop-loss), it not only possesses this pricing power but offers the benefits of product diversity, further minimizing any of these surprise hits from an uptick in claims.

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Friday, January 11


News

PepsiCo (PEP) Gains As Market Dips: What You Should Know

PEP

PepsiCo (PEP) closed the most recent trading day at $108.16, moving +0.01% from the previous trading session. In that same time, the Consumer Staples sector lost 3.68%, while the S&P 500 lost 1.4%. PEP will be looking to display strength as it nears its next earnings release, which is expected to be February 15, 2019. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.

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News

PepsiCo, Inc. (PEP) Shares Sold by Community Bank N.A. – Fairfield Current

PEP

The firm owned 54,026 shares of the company’s stock after selling 3,750 shares during the period. Community Bank N.A.’s holdings in PepsiCo were worth $6,040,000 at the end of the most recent quarter. Regal Investment Advisors LLC now owns 10,596 shares of the company’s stock valued at $1,185,000 after acquiring an additional 1,811 shares in the last quarter. Finally, Deutsche Bank cut their price objective on shares of PepsiCo from $118.00 to $116.00 and set a “hold” rating on the stock in a research report on Wednesday, October 3rd.

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Thursday, January 10


News

Pepsi board elects CEO Laguarta its next chairman

PEP

Pepsi Co. said late Thursday its board of directors has elected Chief Executive Ramon Laguarta its chairman upon former CEO Indra Nooyi's retirement. Laguarta will succeed Nooyi, who said in August she'd step down from the CEO role in October. Laguarta's appointment is effective Feb. 1, when Nooyi retires. Shares of Pepsi were flat in the extended session and ended the regular trading day up 0.6%.

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News

Pepsi board elects CEO Laguarta its next chairman

PEP

Pepsi Co. said late Thursday its board of directors has elected Chief Executive Ramon Laguarta its chairman upon former CEO Indra Nooyi's retirement. Laguarta will succeed Nooyi, who said in August she'd step down from the CEO role in October. Laguarta's appointment is effective Feb. 1, when Nooyi retires. Shares of Pepsi were flat in the extended session and ended the regular trading day up 0.6%.

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Friday, January 04


News

PepsiCo is using robots to deliver snacks to college students

PEP

PepsiCo is using robots to deliver snacks to college students. University of the Pacific students can get chips, iced tea and more at 50 locations. PepsiCo is doing just that at the University of Pacific campus in Stockton, California with robots called "snackbots." Using a smartphone app, students can order quasi-healthy snacks like Baked Lays, Sunchips or a Starbucks Cold Brew (from PepsiCo's "Hello Goodness" vending platform), and have it delivered between 9 AM and 5 PM to one of 50 locations around the 175 acre campus.

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Thursday, January 03


News

Snacks on wheels: PepsiCo tests self-driving robot delivery

PEP

Snacks on wheels: PepsiCo tests self-driving robot delivery. Associated Press3 January 2019, 12:05 GMT. Students will be able to order Baked Lay's, SunChips or Bubly sparkling water on an app, and then meet the six-wheeled robot at more than 50 locations on campus. The robots used at the University of the Pacific will move at speeds of up to 6 miles per hour, according to Robby Technologies, which makes the robots. PepsiCo says it's testing this way to deliver its snacks because more of its customers want a convenient way to buy them on their phones.

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Saturday, December 29


News

Is PepsiCo a Buy for 2019?

PEP

It's one of the biggest, most profitable businesses on the market, having booked over $10 billion of operating profit in its last complete fiscal year. And PepsiCo (NASDAQ: PEP) brings many other attractive qualities to the investment table, including a diverse revenue stream powered by a portfolio of hit global consumer brands. With that bigger picture in mind, let's take a closer look at whether Pepsi might make a good buy as the company looks to update its strategy in 2019. Sales have improved slightly in 2018, but not by enough to change the wider operating picture that pairs modest growth with flat profits. Organic sales are on pace to rise by about 3% this year, while operating profit has been flat over the past nine months. Such changes could change the investing thesis for Pepsi away from its current focus on steady but modest growth paired with rising cash returns. Yet investors won't have a good idea about management's updated thinking -- let alone whether Laguarta and his team can implement the new strategy -- until the next few quarterly earnings have been reported.

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