Archives for July 24, 2012

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PepsiCo reports snacks stable amid Q2 profit drop

By Kacey Culliney

As PepsiCo reported a 21% drop in overall profits for Q2 earnings today, snacks are holding steady thanks to global NPD investments and strong growth in Mexico and India, according to the CEO.

Silgan’s net income battered in Q2

By Joe Whitworth

Silgan Holding’s net income plummeted year-on-year in Q2 by $40.6m (€33.5m) and warned planned customer shutdowns could further impact results.