Pepsi is acquiring food companies because it has a big food business and profits are good. The business isn't growing by leaps and bounds, but PepsiCo stock can be a safe option for investors ...

After 10 years in business, the Garza family sold their company Siete Foods to PepsiCo (NASDAQ: PEP) for a cool $1.2 billion. The deal for Siete was announced back in October but closed this January.

We have some good news for those who’ve yearned for the day they could enjoy a Coke again at the Costco food court, but bad news for those who prefer to wash down their hot dog with a Pepsi.

In a report released today, Dara Mohsenian from Morgan Stanley maintained a Hold rating on PepsiCo (PEP – Research Report), with a price target of $185.00. The company’s shares closed ...

JPMorgan lowered the firm’s price target on PepsiCo (PEP) to $165 from $183 and keeps a Neutral rating on the shares ahead of the Q4 report on February 4. For 2025, the firm thinks expectations ...

In a reversal of the cliché, Costco announced that soon it will no longer serve Pepsi products at its food court, so hopefully Coke is okay. Ron Vachris, CEO of the warehouse retail giant ...

New York (CNN) — Coca-Cola lovers for more than a decade were forced to wash down their $1.50 hot dogs at Costco’s food courts with Pepsi. But Costco plans to bring back Coca-Coca at its food ...