|Bid||0.00 x 1200|
|Ask||0.00 x 2200|
|Day's Range||114.00 - 115.09|
|52 Week Range||95.94 - 122.51|
|PE Ratio (TTM)||35.80|
|Forward Dividend & Yield||3.71 (3.27%)|
|1y Target Est||N/A|
CNBC's Sara Eisen reports on a statement from outgoing PepsiCo CEO Indra Nooyi clarifying her position on quarterly earnings after President Trump credited her with giving him the idea to get businesses to report every six months.
CNBC's Kayla Tausche reports the highlights of President Trump's comments to reporters while departing the White House on Friday.
Israel-based SodaStream is a leading maker of countertop water-carbonation machines. The company has in recent years focused on promoting itself as a maker of homemade sparkling water instead of a maker of homemade soda. Pepsi has previously test-sold its cola with SodaStream machines in a few dozen stores, at the time describing the experience as a learning opportunity.
(Reuters) - PepsiCo (PEP.O) is buying household drink-machine maker SodaStream (SODA.TA) (SODA.O) in a $3.2 billion (2.51 billion pounds)deal, it said on Monday, seeking an edge in health-conscious beverages ...
PepsiCo is buying household drink-machine maker SodaStream in a $3.2 billion deal, it said on Monday, seeking an edge in health-conscious beverages as it battles chief rival Coca-Cola . PepsiCo will acquire ...
Softdrinks giant PepsiCo Inc. (pep) said it has entered into an agreement to acquire SodaStream International Ltd. (soda) in a deal valued at $3.2 billion, the companies announced on Monday. Under terms of the agreement, PepsiCo will buy all outstanding shares of the Israeli-based home carbonation maker for $144 per share, an 11% premium to Friday's closing price of $129.85. PepsiCo said it will fund the deal with cash on hand.
PepsiCo Inc. said it agreed to buy SodaStream International Ltd. for $3.2 billion to gain the Israeli company’s at-home soft-drink-making technology. PepsiCo will pay $144 a share in cash, the companies said in a statement Monday. The purchase will probably be the last big move by PepsiCo Chief Executive Officer Indra Nooyi, who said this month she’s stepping down as head of the beverage company after 12 years in the job.
Beverage and snack giant PepsiCo announced Monday plans to acquire at-home carbonated drink-maker SodaStream for $3.2 billion. PepsiCo will pay $144.00 per share in cash for SodaStream's outstanding stock, which is a 32 percent premium to its 30-day volume weighted average price. The deal gives Pepsi a new line through which it can reach customers in their homes, rather than through stores.
President Donald Trump is calling on federal regulators to consider scrapping the requirement for public companies to report quarterly results, after business executives told him twice-yearly reports would make better economic sense. In a tweet early Friday, Trump said that after speaking with several top business leaders, he's asking the Securities and Exchange Commission to determine whether shifting to a six-month reporting requirement would help companies grow faster and create more jobs. Trump later told reporters the idea was especially urged on him by Indra Nooyi, CEO of PepsiCo, who is stepping down in October.
NEW YORK/WASHINGTON, Aug 17 (Reuters) - U.S. President Donald Trump asked securities regulators to explore replacing quarterly reporting requirements with half-yearly filings at the urging of executives including PepsiCo Chief Executive Indra Nooyi, reigniting a debate about how often companies should give financial updates to investors. Such a switch would mark a huge change in the U.S. Securities and Exchange Commission's disclosure requirements and put them in line with European Union and United Kingdom rules. Trump said on Twitter that meetings with business leaders had convinced him that the change would give companies more flexibility and reduce costs.
Biannual earnings means less information for shareholders, which is "not a good idea," author and former banker Bill Cohan told CNBC on Friday. Best-selling management author and CNBC contributor Suzy Welch was supportive of somehow mitigating the pressures of quarterly reports, but said it's kind of not worthy of discussion.
issued a statement Friday, August 17, clarifying her position on the frequency at which public companies should have to report their financial results after Donald Trump said that his tweet earlier this morning was prompted by comments from her. "Many market participants, as well as the Business Roundtable which we are a part of, have been discussing how to better orient corporations to have a more long-term view," Nooyi said.
US president Donald Trump has asked the Securities and Exchange Commission to consider scrapping the demand that public companies report their earnings every three months, weighing in on a practice many blame for corporate short-termism. The unexpected intervention in a debate that has exercised executives and large investors came in a Twitter post in which Mr Trump said he had asked “some of the world’s top business leaders” what would improve business and the US job market. Indra Nooyi, PepsiCo’s outgoing chief executive, had suggested shifting from quarterly reporting to a “six-month system”, he said, predicting that such a move would “allow greater flexibility & save money”.