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Pepsi Reveals New Tall/Skinny Pepsi Can, to Launch In March


PepsiCo has unveiled a new taller and skinnier soda can for its Pepsi soft drink, expected to debut some time in March.

The company says the new can was developed to celebrate “beautiful, confident women [everywhere],”

Pepsi is going to unveil the new can at an upcoming fashion show to be held in New York City days from now on February 11.

PepsiCo also owns a number of other well-known soft drinks, including Mtn Dew, among others, but the company will only offer its Pepsi beverage in the new can.

The retail giant will also continue to offer Pepsi in the traditional regular seize cans already available.

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PepsiCo reports strong quarterly earnings, expects up to 13% growth


PepsiCo sees net income up, projects 13% profit growth this fiscal

The now world’s largest food and beverage company in the America’s has published [PDF] strong Q1 2010 earnings, while increasing growth projections in the coming years.

The company reported total gross sales of $9.37-billion in the quarter, up from the same period in 2009 from $8.26-billion.

Net income was $1.43-billion ($0.89 per share), up 13-percent (or up 11-percent with currency adjustments) to $1.14-billion in Q1 2009.

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Pepsi announces $1B Russian investment


PepsiCo has just announced a massive $1 billion dollar Russian investment over a three-year time frame.

The new $1 billion investment brings Pepsi’s total investment in Russia to $4 billion, according to a statement released by Pepsi today.

Pepsi CEO Indra Nooyi said today, “This investment reflects very clearly our great confidence in Russia and our long-term commitment to this very important market,”

The Pepsi investment marks the first significant foreign investment in Russia post the Georgia conflict in August 2008.

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