PepsiCo Profit Misses View, to Cut 3,300 Jobs

October 13, 2008

PepsiCo Inc. reported a quarterly profit that missed Wall Street forecasts and cut its full-year outlook as an economic slowdown flattened soft drink demand, sending shares down more than 10 percent.

*For more on this story,

read the full Reuters article.

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PepsiCo Profit Misses View, to Cut 3,300 Jobs

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