PepsiCo (NYSE:PEP) has launched the PepsiCo 10 incubator program in Brazil.

PepsiCo Launches Brazil Program

The drinks and snacks maker PepsiCo (NYSE:PEP) has expanded its digital incubator program PepsiCo 10 into Brazil.

The program is aimed at attracting Brazilian startups and forward-thinking university students to make promising emerging technologies that can be applied to brands.

The company first launched the program in 2010 in US and then expanded to Europe in 2011.

Nora Mirazon, PepsiCo (NYSE:PEP)’s consumer engagement officer, said, “Brazil is a great market to run the PepsiCo10 program. Our brands are recognized for their imaginative and surprising programs that reach consumers in unexpected ways, like crowd-sourcing the next product flavor or involving them in a community activity. PepsiCo10 offers an amazing opportunity to accelerate our innovation process while boosting engagement with consumers in this key market”.

PepsiCo (NYSE:PEP) stocks are currently standing at 70.70.

Price History
Last Price: 70.70
52 Week Low / High: 58.5 / 73.66
50 Day Moving Average: 71.75
6 Month Price Change %: 7.5%
12 Month Price Change %: 17.2%

PepsiCo (NYSE:PEP) has been testing a new Diet Pepsi formula in the US.

PepsiCo To Change Diet Pepsi Recipe?

PepsiCo (NYSE:PEP) is considering changing its US Diet Pepsi formula to maintain its taste better and longer.

The company intends to replace the US Diet Pepsi formula with one similar to those used in some international markets to make the taste similar to how the drink tastes as soon as it is made.

The company, however, will change only the composition of its sweetener blend. It is testing different formulas with customers and hopes to bring the new formula in 2013.

PepsiCo (NYSE:PEP) spokeswoman Andrea Foote said, “While we are always looking at ways to provide the best consumer experience, we have no intention of changing the Diet Pepsi formula or the great taste that our consumers know and love”.

PepsiCo (NYSE:PEP) shares were at 72.18 at the end of the last day’s trading. There’s been a 7.3% change in the stock price over the past 3 months.

PepsiCo (NYSE:PEP) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: Error
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: Error
Zack’s Rank: 4 out of 15 in the industry

PepsiCo (NYSE:PEP) has received the 2012 Stockholm Industry Water Award.

PepsiCo Wins Water Award

The snacks and drinks maker PepsiCo (NYSE:PEP) has announced that it has received 2012 Stockholm Industry Water Award for its efforts to reduce water in their operations.

The company saved 16 billion gallons of water in 2011 compared with 2006 and deployed water management system throughout its manufacturing facilities in the world.

PepsiCo (NYSE:PEP) CEO Indra Nooyi said, “Reducing our water usage drives cost reductions and reduces our overall environmental footprint. We’re innovating to make the most of every drop of water used”.

PepsiCo (NYSE:PEP) stocks are currently standing at 73.12.

Price History
Last Price: 73.12
52 Week Low / High: 58.5 / 73.66
50 Day Moving Average: 71.08
6 Month Price Change %: 15.6%
12 Month Price Change %: 15.9%

PepsiCo (NYSE:PEP) has named Jon Banner as the SVP of global strategy and planning.

PepsiCo Makes SVP Change

Jon Banner, the former ABC News executive, has been named as the senior vice president of global strategy and planning at PepsiCo (NYSE:PEP).

Banner, who won 15 Emmy awards, will assume the new role after Labor Day. Most recently, he was the producer of “This Week” morning show.

PepsiCo (NYSE:PEP)’s executive vice president for communications Jim Wilkinson said, “Jon understands today’s media landscape as well as anyone and knows how to create smart communications strategies across all forms of media”.

PepsiCo (NYSE:PEP) stocks were at 73.01 at the end of the last day’s trading. There’s been a 7.9% change in the stock price over the past 3 months.

PepsiCo (NYSE:PEP) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: Error
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: Error
Zack’s Rank: 4 out of 15 in the industry

PepsiCo (NYSE:PEP) is set to pull its Gatorade G Series Fit line of products from stores.

PepsiCo Aims To Improve Gatorade G Series

PepsiCo (NYSE:PEP) has said that it will temporarily pull its Gatorade “G Series Fit” line of products from shelves by next year to improve the brand.

The company will sell the product for the rest of the year and will relaunch them in 2014. The company launched this low-calorie product line in April 2011.

PepsiCo (NYSE:PEP)’s Gatorade spokeswoman Molly Carter said, “While we made strides connecting with this athlete, the line did not perform to our high expectations. This is a new target for us, and we want to make sure we’re getting it right”.

PepsiCo (NYSE:PEP) shares are currently standing at 72.13.

Price History
Last Price: 72.13
52 Week Low / High: 58.5 / 72.95
50 Day Moving Average: 70.03
6 Month Price Change %: 12.8%
12 Month Price Change %: 14.7%

PepsiCo (NYSE:PEP) has signed a distribution deal with Diamond Star in Myanmar.

PepsiCo Moving Into Myanmar

The drinks and snacks maker PepsiCo (NYSE:PEP) is entering into the Myanmar drinks market with three of its soda brands Pepsi-Cola, 7-Up and Mirinda.

The company signed a distribution deal with a local distributor Diamond Star Co. to import and distribute its products in Myanmar.

Indra Nooyi, chief executive of PepsiCo (NYSE:PEP) said, “Myanmar is a market with great potential, and our agreements with Diamond Star and UNESCO are important first steps towards expanding our presence in the country. Over time, we believe we can build a strong business in Myanmar and play a positive role in the country’s continued development”.

PepsiCo (NYSE:PEP) shares were at 72.14 at the end of the last day’s trading. There’s been a 8.0% change in the stock price over the past 3 months.

PepsiCo (NYSE:PEP) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: Error
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: Error
Zack’s Rank: 5 out of 15 in the industry

PepsiCo (NYSE:PEP) has decided to launch malt-flavored Mountain Dew in selected cities.

PepsiCo Switching Up Mountain Dew

PepsiCo (NYSE:PEP) has confirmed that it will launch the malt version of its popular Mountain Dew soda in some cities of US from next month.

‘Mountain Dew Johnson City Gold’ will go on sale at Kroger Co and 7-Eleven stores in the Midwest, Denver and Charlotte.

PepsiCo (NYSE:PEP) spokesperson Andrea Foote said, “The new product is more about giving loyal Mountain Dew drinkers something unique rather than any large, corporate move into craft sodas. Mountain Dew Johnson City Gold should sell for about $1.49 for a 16-ounce can whereas regular sodas sell for about 99 cents for the same sized package”.

PepsiCo (NYSE:PEP) shares were at 70.41 at the end of the last day’s trading. There’s been a 8.2% change in the stock price over the past 3 months.

PepsiCo (NYSE:PEP) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: Error
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: Error
Zack’s Rank: 2 out of 15 in the industry

PepsiCo (NYSE:PEP) has opened a new potato-chip plant in China as part of its global expansion.

PepsiCo To Open China Plant

PepsiCo (NYSE:PEP) has opened its sixth snack plant in China as part of its business expansion in the fast growing market.

The company opened a new lay’s potato-chip plant in Wuhan City, and it w ill also soon open a new research and development center in Shanghai.

PepsiCo (NYSE:PEP) CEO Indrya Nooyi said, “China will be the largest consumer market in the next decade, and PepsiCo aims to be the largest food and beverage company in the market”.

PepsiCo (NYSE:PEP) company shares are currently standing at 69.87.

Price History
Last Price: 69.87
52 Week Low / High: 58.5 / 70.89
50 Day Moving Average: 68.32
6 Month Price Change %: 6.4%
12 Month Price Change %: 0.8%