Pepsi’s Operating Profits Pressured By Turnaround Efforts, Cola Battle With Coke

PepsiCo.’s net income dropped in the third quarter amid efforts to revitalize core brands and regain lost market share. The company’s profit did, however, exceed Wall Street expectations, and it confirmed full-year guidance.

http://www.forbes.com/sites/abrambrown/2012/10/17/pepsis-operating-profits-pressured-by-turnaround-efforts-cola-battle-with-coke/

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