Week Ahead: Alcoa and others kick of a new earnings season
Alcoa, Marriott and Yum! Brands to kick off the third-quarter earnings season with modest earnings growth, while jobs numbers could be mixed.
Alcoa, Marriott and Yum! Brands to kick off the third-quarter earnings season with modest earnings growth, while jobs numbers could be mixed.
One year after sitting on the Super Bowl advertising sidelines, Pepsi is returning to the gridiron this year with its "Crash the Super Bowl" campaign. And it's bringing in the some serious star power to encourage consumers to create their own Super Bowl ads: screen legend Betty White.
In a move to gain a larger share of the beverage market outside of North America, Coca-Cola (KO) has bought Russian juice maker Nidan Juices, The Wall Street Journal reported Wednesday
PepsiCo will announce its second-quarter numbers on Tuesday, and analysts expect earnings per share of $1.07 to $1.10, up from $1.02 a year earlier. If they're right, it will mark a continuation of the company's stable period of success. But PepsiCo's management is thinking bigger.
Sonic fell short of earnings expectations for the third quarter, a victim of recession and as its drive-in restaurant model starts to fray around the edges. However, it could taste new success if the new marketing chief, Danielle Vona, lives up to her record at PepsiCo.
Although the OJ industry has said the January cold wave didn't do as much harm as everyone feared, Tropicana is shrinking some OJ packages and raising prices on others. What are the odds it'll reverse those moves when the next crop comes at typical levels?
Bottlers declared guidelines to cut sugary drinks in kids' diets a success, claiming a 95% drop in full-calorie sodas shipped to schools and a 72% cut in all drink types. Yet sales haven't suffered and childhood obesity and diabetes rates climb unabated. So what's happening to all that soda?
PepsiCo reported solid earnings Thursday of $3.77 per share in 2009, and said it sees double-digit earnings growth in 2010, which suggests a strengthening global economy in the year ahead.
Investors hope to see "more of the same" when PepsiCo reports fourth-quarter earnings on Thursday morning: sports/health drink and snack sales holding their own in developed markets, and increased carbonated beverage sales in key emerging markets in Latin America and Asia.
Last April, Stanley A. Nabi, chief investment officer at Silvercrest Asset Management Group said he "absolutely felt like a kid in a candy store with so many values to pick at great bargains." While there may be fewer bargains around these days, one company Nabi says has lots of potential is PepsiCo.








