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PepsiCo beats Street 3Q forecasts

2015-10-06 13:24:14| Beverages - Topix.net

PepsiCo's third-quarter profit dropped due to charges related to economic turmoil in Venezuela, but it beat almost all expectations and shares rose almost 4 percent before the opening bell Tuesday. The company also raised its 2015 earnings growth target, citing its year-to-date results and outlook for the rest of the year.

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