FTSE 100 closes higher as hopes grow for US, China trade talks
FTSE 100 closed ahead as the new trading week began, but off the 7,600 level, adding over 32 points to 7,591
Company
PepsiCo Inc
NASDAQ:PEP
PepsiCo Inc products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. The company generated more than $86 billion in net revenue in 2022, driven by a complementary beverage and convenient foods portfolio that includes Lay's, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker and SodaStream. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including many iconic brands that generate more than $1 billion each in estimated annual retail sales.
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PRE-MARKET MOVERS: eBay getting crushed in pre-market but PepsiCo nudges higher
American Express and Cisco Systems were also stocks in focus in pre-market in New York
PRE-MARKET MOVERS: Pfizer shares pick up in pre-market deals while PepsiCo peps up too
Also in the frame in pre-market was Lowe's Companies Inc and J M Smucker Co
Investments and investor services
Merger Mania: PepsiCo acquires healthy snack company, Tronc scoops up another daily paper
British sandwich chain Pret a Manger is to be taken over by Luxembourg-based JAB Holdings
PepsiCo 1Q earnings top estimates; will up investment in classic Pepsi
CEO addressed the competitive need to invest in carbonated soft drinks like classic Pepsi
Coca Cola fizzes higher as price hikes help drive fourth-quarter earnings beat
Consumer tastes may be shifting away from Coke’s traditional beverages, but the drinks giant can still pull on levers such as pricing to boost its results
PepsiCo tops expectations with Q4 earnings but North American struggles persist
Sales jumped in Europe, Africa and Latin America in the final few months of 2017, but PepsiCo is still struggling in its core North American market
Investments and investor services
US stocks close higher, buoyed by some heavyweights but market remains cautious ahead of key CPI data
The Dow Jones closed up 0.16% or 39.18 points to 24,640.45 - for a third straight session