Pepsi's net rises, led by Gatorade; outlook is raised

Article Abstract:

Led by the strength of brands like Gatorade, PepsiCo Inc.'s second-quarter profits rose 14%. Full-year earnings increases are forecast at $2.95 per share minimum. Sales of Gatorade grew by 29% during the second quarter, with all noncarbonated drinks rising 23%.

Sales, profits & dividends, Forecasts, trends, outlooks, Company sales and earnings, Company earnings/profit, Company business forecast/projection, Company forecasts

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Coca-Cola Enterprises names former InBev Chief as its CEO

Article Abstract:

John Brock has been appointed chief executive officer at Coca-Cola Enterprises Inc. of the United States. Mr. Brock was formally of InBev S.A. of Belgium. The soft drink company is planning to restore market share in Western Europe and North America.

Appointments, resignations and dismissals, Biography, Coca-Cola Enterprises Inc., CCE, Brock, John

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PepsiCo buys General Mills' stake in Europe venture for $750 million

Article Abstract:

PepsiCo Inc. buys out General Mills Inc. stake in European snack foods venture for $750 million.

Europe, Acquisitions & mergers, Potato chips and similar snacks, Mergers, acquisitions and divestments, Company acquisition/merger, Snack foods industry, General Mills Inc., GIS

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