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BUSINESS BRIEFS.(TO THE POINT)
FOOD/BEVERAGE
Pepsi Bottling cuts '03 profit view
The world's No. 1 Pepsi bottler expects Q3 profit at the low end of its 66-70 cent range due to weak volume. Pepsi Bottling cut its '03 forecast to $1.55-$1.57 a share vs. views for $1.60. Shares fell 10%. No. 2 bottler PepsiAmericas backed its view for 9%-11% profit growth in '03. PepsiCo backed its '03 profit outlook.
Food service spices up Heinz Q2
The food products firm met views for a 9% gain to 51 cents a share ex-items. Revenue rose 3.1% to $1.9 bil, aided by a 7.6% boost in food service and a 4.1% rise in consumer sales driven by ketchup and Classico pasta sauce. Those, along with strong growth in Asia, offset weakness in frozen foods. It backed full-year sales views of 3%-4% growth.
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...WIRE)--May 2, 2002 The Pepsi Bottling Group, Inc. (NYSE: PBG...PBG Chairman will speak at the Goldman Sachs Global Consumer Products Conference...www.pbg.com. The Pepsi Bottling Group, Inc. is the world...
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...complimentary subscription. Pepsi Bottling Group Inc. shares...the market opened, Pepsi Bottling Group said its profit...Thomson Financial. Pepsi Bottling Group also raised its...1.98 per share. Goldman Sachs analyst Judy E. Hong...
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- Press release article from: PR Newswire May 15, 2000 700+ words
...May 15 /PRNewswire/ -- The Pepsi Bottling Group, Inc. (NYSE: PBG...basis points Speaking at the Goldman Sachs Global Beverage, Food and Tobacco...and in the long term." The Pepsi Bottling Group, Inc. (http://www...
- The Pepsi Bottling Group Confirms 2nd Quarter and Full Year 2002 Guidance.
- Press release article from: Business Wire May 9, 2002 700+ words
...WIRE)--May 9, 2002 The Pepsi Bottling Group, Inc. (NYSE: PBG...2002. In a presentation at the Goldman Sachs Global Consumer Products Conference...beginning at 8 a.m. (EDT). The Pepsi Bottling Group, Inc. (www.pbg...