Weekly News Roundup: PepsiCo (NYSE:PEP)

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Here’s this week’s round-up of PepsiCo (NYSE:PEP) stock briefings. PepsiCo (NYSE:PEP) shares ended the week at 65.75 (as of 10/8/2010).

Weekly News Roundup: PepsiCo (NYSE:PEP)

Thursday 7 October

PepsiCo (NYSE:PEP) has teamed up with Feed The Children to offer international hunger relief.

Erika Gongola, associate retail execution manager of PepsiCo Warehouse (NYSE:PEP) said that “PepsiCo’s Atlanta associates are pleased to work side-by-side with Feed The Children’s Americans Feeding Americans Caravan to help make a difference in the lives of nearly 3,000 of our neighbors in need.”

Feed The Children, founded in 1979, is a Christian international nonprofit relief organization. It is consistently ranked as one of the 10 largest international charities in the U.S. Headquarters of Feed The Children is in Oklahoma City.

Friday 8 October

PepsiCo (NYSE:PEP) has announced plans to start a nutrition group. The US soft drinks and food giant PepsiCo (NYSE:PEP) said yesterday that company has plan to set up a “global nutrition group” to “deliver breakthrough innovation” in vegetables and fruit, grains, dairy and functional foods.

PepsiCo (NYSE:PEP) CEO Indra Nooyi said that “The creation of this global nutrition group is part of our long-term strategy to grow our nutrition businesses from about $10bn in revenues today to $30 billion by 2020.”

We will continue checking the PepsiCo (NYSE:PEP) stock price for changes over the next few weeks.


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