July 23, 2008 at 14:00 PM EDT
Earnings Around the Markets Boost Energy, Food ETFs
Glug, glug, glug. That’s the sound of Pepsi’s second-quarter profit rising, which has bubbled up the food and beverage exchange traded fund (ETF). PepsiCo (PEP) reported a 9% jump in profits in the most recent quarter, thanks to strong international sales and a weak U.S. dollar, reports Vinnee Tong for the Associated Press. The company is [...]
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