PepsiCo

PepsiCo to cut prices, eliminate products as part of deal with activist investor

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PepsiCo to cut prices, eliminate products as part of deal with activist investor

PepsiCo plans to cut prices and eliminate some of its products under a deal with an activist investor announced Monday. New York-based Purchase, which makes Cheetos, Tostitos and other Frito-Lay products as well as beverages, said it will cut nearly 20% of its product offerings by early next year. PepsiCo said it will use the … Read more

3 Dividend Stocks to Double Right Now

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3 Dividend Stocks to Double Right Now

If you are a long-term income investor looking for dividend stocks to add to your portfolio, now is a good time to consider Enterprise Products Partners (NYSE: EPD), Bank of Nova Scotia (NYSE: BNS)and/or PepsiCo (NASDAQ: PEP). And if you already own them, you may even want to double your investment. Here’s a look at … Read more