PepsiCo Profit Up, Cuts Jobs; Shares Rise
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PepsiCo Inc. PEP.N, the world's No.  2 soft drink company, on Thursday said quarterly profit rose  due to tax benefits and strong performances from its key  Frito-Lay snack and North American beverage businesses and  raised its full-year profit forecast.
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PepsiCo has posted a rise in Q3 revenue and operating profit. The drinks and snack company today (30 September) reported earnings for the three months to 4 September of US$1.
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Pepsi Bottling Group Inc.  on  Tuesday posted higher-than-expected second-quarter profit and  raised its 2006 outlook, citing strong volume growth in  noncarbonated drinks such as Tropicana juices and Lipton Iced  Tea.
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Nestle SA, the world's biggest food and drink company, reported an 11 percent rise in first-half net profit Wednesday thanks to cost cutting and internal growth and despite higher raw material prices.
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PepsiCo Inc.  posted a  greater-than-expected quarterly profit on Tuesday on a lower  tax rate and higher sales of Frito-Lay snacks.
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Pepsi Bottling Group Inc. , the largest bottler of Pepsi drinks, on Tuesday said quarterly net profit rose about 1 percent, helped by strong sales in Europe, and raised the bottom end of its full-year earnings forecast.
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Kroger Co.  said on Tuesday that quarterly profit rose 15.8 percent and raised its 2006 earnings view, sending its shares to their highest level in five years, as the grocery chain benefited from lower prices and a better selection of products such as fresh produce.
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Sysco Corp. , the largest U.S.  distributor of food to restaurants and hospitals, on Monday  said quarterly profit rose as an extra week in the period and  acquisitions helped offset the effects of higher food prices.
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Pepsi Bottling Group Inc.  on Tuesday reported higher quarterly profit, helped by price increases it placed on its drinks, and raised its full-year forecast.
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Stocks to watch Thursday: PEPSICO INC. :
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PepsiCo Inc. , the No. 2 soft-drink maker, on Thursday reported higher fourth-quarter profit on volume growth, a strong pricing environment and a favorable foreign exchange rate.
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Ketchup maker H.J. Heinz Co. HNZ.N on   Thursday posted a greater-than-expected 23 percent increase in   quarterly profit, lifted by sales of new products and increased   prices.
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Stocks looked to open slightly higher  on Thursday as oil prices held below $50 a barrel, while  beverage company PepsiCo Inc. PEP.N posted a rise in  quarterly profit.
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Pepsi Bottling Group Inc. PBG.N, the  largest bottler of Pepsi drinks, on Tuesday said quarterly  profit rose on volume growth in the United States and Europe  and raised the lower end of its full-year forecast.
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Pepsi Bottling Group Inc. (PBG.N: Quote, Profile, Research) , the largest bottler of Pepsi drinks, on Tuesday said quarterly profit rose on volume growth in the United States and Europe.
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PepsiCo Inc.&#39;s net income increased 35 percent in the third quarter as the company benefited from higher international sales and a tax benefit, the Purchase-based beverage and snack food company reported yesterday.
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PepsiCo Inc.  posted a 61 percent rise in quarterly profit on Thursday on strong U.S. sales of Frito-Lay snacks, but shares fell because of weak demand for its Gatorade sports drink and a conservative forecast.