Reuters: US Dollar Report: PepsiCo first quarter net income falls on currency hit

Reuters: US Dollar Report Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

PepsiCo first quarter net income falls on currency hit Apr 18th 2013, 11:08 April 18 | Thu Apr 18, 2013 7:08am EDT April 18 (Reuters) - PepsiCo Inc reported lower quarterly earnings on Thursday, citing a hit from the devaluation of the Venezuelan currency. The maker of Pepsi sodas, Tropicana juices, Frito-Lay snacks and Quaker oatmeal said net income was $1.08 billion, or 69 cents per share, in the first quarter, down from $1.13 billion, or 71 cents per share, a year earlier. Revenue rose about 1 percent to $12.58 billion.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions