After 10 years in business, the Garza family sold their company Siete Foods to PepsiCo (NASDAQ: PEP) for a cool $1.2 billion. The deal for Siete was announced back in October but closed this January.
PepsiCo, Inc. (NASDAQ:PEP), a global leader in the food and beverage industry with a market capitalization of $208.7 billion, is navigating a challenging market environment as it seeks to maintain its competitive edge and drive growth.
In fact, the contrarian move of buying when other investors are selling can lead you to strong long-term results, particularly if you focus on owning historically well-run companies. Which is why you won't want to wait until some tomorrow to start buying PepsiCo ( PEP 0.34%) stock. Here are three reasons today is the day to buy.
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.
The FTC is suing PepsiCo for allegedly rigging the market by offering “unfair pricing advantages” that can contribute to inflation.
In a report released today, Nik Modi from RBC Capital maintained a Hold rating on PepsiCo (PEP – Research Report), with a price target of
The Federal Trade Commission sued PepsiCo on Friday for offering preferential pricing to a large retailer, whom a source familiar with the matter confirmed was Walmart. The practices fed high ...
Pepsi denied the allegations and said the FTC’s lawsuit is wrong, both factually and legally. “PepsiCo strongly disputes the FTC’s allegations, and the partisan manner in which the suit was filed. We will vigorously present our case in court,” the ...
A lawsuit filed by the Federal Trade Commission alleges that food and beverage maker PepsiCo engaged in illegal price discrimination by giving unfair price advantages to one big-box retailer.
The Pepsi lawsuit brings new scrutiny to Walmart's power to use its scale to extract cheaper prices. It also shines a spotlight on PepsiCo's own power as the owner of numerous soft-drink brands, including Gatorade, Mountain Dew, Lipton and Bubly.
Piper Sandler analyst Michael Lavery maintained a Buy rating on PepsiCo (PEP – Research Report) today and set a price target of $171.00. The
Costco will begin stocking Coca-Cola products in the food courts of its warehouse stores beginning this summer, replacing the PepsiCo drinks it’s sold since 2013.