4 Consumer Stock Stories for a Friday

| + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

PepsiCo (NYSE:PEP): Closing price $72.49

In response to complaints from its customers, PepsiCo is removing a controversial ingredient from its Gatorade sports drink. Spokeswoman for the firm Molly Carter reported Friday that the removal of brominated vegetable oil has been being readied over the past year, subsequent to PepsiCo “hearing rumblings” from consumers about the ingredient. However, she said it was not a reaction to a recent petition on Change.org by a teenager in Mississippi. Brominated vegetable oil is also used in other drinks, such as certain flavors of Powerade, made by competitor Coca-Cola Co., which has not yet said if it would remove the ingredient from Powerade as well.

pep

Markets are at 5-year highs! Discover the best stocks to own. Click here for our fresh Feature Stock Pick now!

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business