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PepsiCo raises profit forecast

PepsiCo Inc reported a higher-than-expected quarterly profit and raised its full-year adjusted earnings forecast, helped by strong sales of snacks such as Lays and Doritos chips in North America, Reuters reports. Shares of the maker of Pepsi-Cola, Frito-Lay snacks and Tropicana juice rose 2.3 per cent to $91.25 before the bell. The company said organic... 
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Added July 23, 2014
from The Punch News