Economic profit is still flat, says Ivan Feinseth, Tigress Financial Partners chief investment officer, sharing his thoughts on PepsiCo's quarterly results and why he thinks the snack business should be separated from beverages.» Read More
NEW YORK— Coca-Cola says people are shelling out more money for its drinks, thanks to a mix of reinvigorated marketing and mini-cans and glass bottles that tend to cost more. The Atlanta- based company, known for more than a century's worth of ads such as "I'd Like To Buy The World A Coke," says the stepped-up quality and quantity of its advertising is helping it command...
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NEW YORK-- PepsiCo Inc.' s net income dipped 5 percent in the third quarter, as the food and beverage maker poured more money into bolstering its flagship brands and developing new products that position it for the future.