Coca-cola unveils substantial shake-up

Article Abstract:

Coca-Cola Co. introduced a major operations restructuring. The plan involves a 20% downsizing of its work force and the assumption of a $1.6 billion (1.6 billion euros) one-time charge.

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PepsiCo Juices Up Its Profits

Article Abstract:

Purchase, NY-based PepsiCo Inc. is earning big profits by selling noncarbonated drinks. PepsiCo, which owns the Tropicana orange juice brand, is marketing to consumers who desire drinks with vitamins and nutrients.

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PepsiCo earnings beat forecasts in third quarter

Article Abstract:

PepsiCo Inc. posted modestly-higher-than-expected earnings for the third-quarter of 1999. PepsiCo posted a 6.7% increase in its pro-forma earnings for the period ending on September 4, 1999. The company's earnings for the quarter reached $507 million (471.8 million euros). During the same period in 1998, PepsiCo posted $475 million in earnings. Earnings per diluted share increased from 32 cents to 34 cents per share.

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