Shares of PepsiCo Inc. fell 1.1% in premarket trading on Friday, retreating from a five-month high, following the company's surprising decline in fourth-quarter revenue. Despite this setback, the beverage and snack giant exceeded profit expectations and announced a 7% increase in its dividend. Strong Profit Performance PepsiCo's net income soared to $1.3 billion, or 94 cents … [Read more...] about PepsiCo Reports Drop in Fourth-Quarter Revenue, Raises Dividend
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