Pepsico Stock News

PepsiCo (PEP) closed the most recent trading day at $166.49, moving -0.75% from the previous trading session.

This soon-to-be Dividend King offers a safe, market-beating 2.7% dividend yield.

These two stocks have increased dividends annually for decades.

PepsiCo (PEP) closed the most recent trading day at $168.97, moving +0.69% from the previous trading session.

War: Bigger Inflation & Recession Shocks, Rate-Hikes Are Smaller Authored by Patrick Hill via RealInvestmentAdvice.com, (The Ukraine War) “means a bigger inflation shock, a smaller rates shock, and a bigger recession shock.” - Bank of America Corp. chief strategist Michael Hartnett, 3-4-22 The war triggers a huge surge in oil prices, consumer sentiment is already falling, and the Fed is likely to raise rates slowly because of the war. We examine how: economic sanctions can cause inflation during wartime, consumer sentiment declining, real retail sales under pressure, GDP is weakening, and a unique oil price ratio to 10 – 2-year bond spread indicates a coming recession. Severe Economic Sanctions Against Russia Enacted After weeks of planning, as the Russian forces massed on the Ukraine border, it became evident to Western leaders that they must act. During the first few days of the war, the European Union and the U.S. set in motion economic sanctions, including freezing significant oligarch assets in western banks, including Vladimir Putin’s assets, freezing four important Russian bank assets in the west, and cutting off Russian access to the inter-banking SWIFT system.

Withdrawal Symptoms: Employees & The Russia Exodus Following the introduction of sanctions against Russia by a large number of countries, more than 330 companies have announced their withdrawal or suspension of activities in that market, according to the Yale School of Management. With a wide range of measures, from the partial or temporary suspension of their operations to the closing of offices and the permanent exit from the country, this list includes some of the most renowned companies at a global level. In fact, as Statista''s Martin Armstrong details below , some of them,are responsible for several tens of thousands of jobs, such as McDonald''s. The fast-food chain announced on Tuesday the temporary closure of its nearly 850 restaurants in Russia, although it will continue to retain its 62,000 employees. In this infographic Statista compiled ten leading companies that announced the suspension of operations or their withdrawal from Russia . Together, these ten companies alone are responsible for more than 125,000 workers in the country.

Foods services company Jubilant FoodWorks Ltd (JFL)’s outgoing chief executive Pratik Pota is slated to join consumer durables maker Eureka Forbes Advent International as chief executive officer, two executives directly aware of the development said. Pota stepped down as chief executive and whole-time director of JFL, the company said in an exchange filing on March 11.An email query addressed to Shapoorji Pallonji executive director Jai Mavani seeking comment on the development remained unanswered. Pota was unreachable for comment.Pota, who led JFL, India’s largest foods services company which operates Domino’s Pizza and Dunkin Donuts and repositioned Domino''s, will continue in his current role till June 15, 2022. He had written on his Twitter handle that he “will be moving to pursue a quasi-entrepreneurial opportunity”.Eureka Forbes is one of the largest players in the vacuum cleaner and water purifier segments, with a base of over 20 million customers. Last year in September, Advent International acquired a majority stake in Eureka Forbes, the consumer durables flagship company of Shapoorji Pallonji Group, for Rs 4,400 crore.

Saturna Capital, an investment management firm, published its “Amana Funds” fourth-quarter 2021 investor letter – a copy of which can be downloaded here.

PepsiCo, Inc.