1.30k followers • 8 symbols Watchlist by LikeFolio
Among companies that advertised during the big game, these generated the highest positive social media activity as measured by LikeFolio.
Yahoo Finance’s Alexis Christoforous and Scott Gamm break down the latest earnings results from Nvidia, Pepsi, Deere & Applied Materials.
On the surface, Coca-Cola and PepsiCo reported similar sets of earnings back-to-back, but the market reaction was entirely different. Coca-Cola said Thursday that its organic sales, which strip out merger and currency impacts, grew 5% from a year earlier in the fourth quarter. After accounting for the weakness of various global currencies against the dollar, though, sales were in fact flat.
PepsiCo Inc.’s new Chief Executive Ramon Laguarta said he has no plans to break up the snacks and drinks giant, nor divest the company’s bottling operations, after completing a four-month review of the global business. Last year, PepsiCo agreed to buy seltzer-machine maker SodaStream International Ltd. while rival Coca-Cola Co. bought the Costa Coffee chain. PepsiCo has also faced questions from Wall Street about whether it would keep its food business, which sells Doritos, Sabra hummus and Quaker Oats, together with its drinks business, which includes Gatorade, Aquafina and Mountain Dew.
Peltz, a P&G director, is selling stock for the first time since being elected to the board in late 2017. Trian continues to own a large stake in the company.
Stocks that moved substantially or traded heavily on Friday: Arista Networks Inc., up $23.17 to $263.95 The cloud-computing company beat fourth-quarter forecasts on a surge in revenue and issued a strong ...
Rivian Automotive announced a funding round of $700 million led by Amazon, as interest in the electric truck startup and potential Tesla challenger grows.
fourth-quarter earnings largely were in line with analysts' forecasts, but the soda and snacks maker said 2019 earnings would fall as the company boosts investments in some of its key consumer products. rose 1.82% after the chip company posted stronger-than-expected fourth-quarter earnings and said sales for its current financial year would top forecasts as key markets in China recover from their current slump.
PepsiCo was rising despite the soda and snacks maker posting in-line results for earnings and revenue. Should PepsiCo stock fall below the 200-day we'll have to see if buyers step back up and purchase the stock in the $105 to $106 area. This mark has buoyed PepsiCo on the support end over the past few years.
Happy Fri-yay. Is PepsiCo Okay? In 1893, Caleb Bradham first introduced Pepsi as "Brad's Drink" in North Carolina. The soda was renamed in 1898 and--similarly to its rival, Coca-Cola --earned part of its name from the coca leaf, which was a main ingredient in Pepsi.