PepsiCo is teaming up with a Chinese partner to build a Quaker oats production facility in the Asian country. The US-headquartered food and drinks giant has inked what it called a “strategic cooperation” agreement with Jiangsu Rilong Food Co. to invest around 500 million yuan ($68.9m) in the new plant.
There are times on Wall Street when you just have to throw caution to the wind. Sure, Mr. Market may be downbeat on a stock, but that doesn't mean it is a bad investment. In fact, the contrarian move of buying when other investors are selling can lead you to strong long-term results,
Let’s dig into the relative performance of PepsiCo (NASDAQ:PEP) and its peers as we unravel the now-completed Q3 beverages, alcohol, and tobacco earnings season.
PepsiCo Inc (PEP) stock saw a modest uptick, ending the day at $149.12 which represents a slight increase of $0.50 or 0.34% from the prior close of $148.62. The stock opened at $148.82 and touched a low of $148.
PepsiCo CEO Ramon Laguarta states his case to those in the new Trump administration possibly eyeing the health of the food industry.
That said, PepsiCo's financial performance is a bit weak today and there are some big-picture concerns around the consumer staples space that are holding the stock down. If history is any guide, this too shall pass. Thus, the historically high yield on offer right now is likely to be very appealing to a long-term income investor.
PepsiCo recently issued a policy on its site declaring viewpoint neutrality in its media-buying and content policies "with respect to political or religious status or views."
PepsiCo, an American multinational food, snack, and beverage corporation, is now a $196 billion (by market cap) snack and beverage beast. Read more here.
My long-term financial goal is to eventually collect enough passive income each year to cover my basic living expenses. One aspect of my strategy is to invest in companies that pay an above-average dividend that steadily rises.
The Federal Trade Commission on Friday filed a lawsuit against PepsiCo, Inc., alleging the company engaged in illegal price discrimination by giving an unnamed "large, big box" retailer unfair pricing advantages, while raising prices for others.
Siete, which produces Mexican-American food products such as chips, tortillas, salsas, sauces and seasonings, was acquired by PepsiCo earlier this month for $1.2 billion. The brand began working with the club’s 4ATX Foundation in 2023 and became an official team sponsor in 2024.
A substantial portion of the FTC’s allegations were redacted in the complaint due to the legal protections afforded to both PepsiCo and the retailer, according to the FTC.