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The Latest Breaking News from PepsiCo

Compelling deal for Carlsberg but lacking in fizz for Britvic investors

Soft drinks maker puts on a display of verbal gymnastic as takeover helps Danish brewer to enlarge its UK business

The Guardian - UK

Carlsberg is pouring $4.2 billion into a deal with Pepsi and Lipton distributor Britvic as Gen Z shies away from alcohol

“It's very much a kind of growth-oriented acquisition, wanting to expand and invest," a Carlsberg spokesperson told Fortune.

Fortune

Carlsberg Quaffs British Soft Drinks Maker Britvic For GBP3.3 Bn

Danish brewer Carlsberg on Monday said that it had reached a deal to buy British soft drinks manufacturer Britvic for GBP3.3 billion ($4.2 billion).

International Business Times

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UK drinks maker Britvic agrees £3.3bn takeover by Carlsberg

Danish brewer acquires owner of Robinsons, Tango and R White’s as it buys Marston’s stake in joint venture

The Guardian - UK

Cup Noodles introduces s'mores flavor to break free from cheap-eats reputation and win over Gen Z

The packaged noodle brand is the latest to appeal to Gen Z’s eccentric taste for strange flavor combinations.

Fortune

PepsiCo’s Q2 2024 Earnings: What to Expect

As PepsiCo gears up to release its second-quarter earnings results next week, analysts project a modest single-digit profit surge on the horizon.

Barchart

Plastics companies blocked mitigation efforts and may have broken US laws – study

Paper outlines different legal theories that could help governments pursue accountability for harms

The Guardian - US

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Pepsi lost the cola wars to Coke. Why is it struggling to hold on to second place?

Dr Pepper took the No 2 spot behind Coca-Cola last year. But the latest US sales figures don’t tell the whole story

The Guardian - US

How Is PepsiCo’s Stock Performance Compared to Other Mega-Caps?

PepsiCo has been recently outperforming other mega-cap stocks. However, Wall Street analysts are moderately optimistic about the stock’s prospects.

Barchart

Is Coca-Cola Stock Outperforming the Dow?

Despite persistent inflationary pressures, Coca-Cola outshines the Dow Jones Industrial Average Index, with Wall Street bullish about the stock’s prospects due to Coca-Cola's focused marketing efforts, innovation strategy, and optimized brand portfolio.

Barchart

Tesla Semi Impressions, Production Timeline Announced At ACT Expo

At the 2024 ACT Expo, attendees took test rides and got hands-on impressions of the Tesla Semi. The automaker also announced goals for volume Semi production.

InsideEVs

Ralph Lauren’s long-time CFO on preparing her successor—and what’s next after her COO tenure

Justin Picicci will succeed Jane Nielsen in the CFO role, effective May 23.

Fortune

6 Standout Stocks to Survive a 'Triple Whammy' of Consumer Headwinds

Investment bank Morgan Stanley believes these 6 underappreciated stocks with heavy consumer exposure have the strength to ride out stiff headwinds.

Barchart

LIV Golf Appoints Pepsi Senior Executive As Chief Marketing Officer

Former PepsiCo senior executive Adam Harter has been appointed LIV Golf’s new Chief Marketing Officer

Golf Monthly

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Pepsico Faces Shortage Of Tesla Semi Trucks Amid Competition

PepsiCo faces Tesla Semi shortage as competitors offer alternative EV big rigs in response to rising demand for electric vehicles in the trucking industry.

Barchart

3 Safe Haven Stocks to Own in an Unpredictable Market

Even though 2024 kicked off strong, recent macroeconomic uncertainties highlight the need for resilient investments. These three “safe haven” stocks are worth considering for hedging against the market downswings.

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