PepsiCo Earnings, Revenue Rise on Bottlers Acquisition

PepsiCo (PEP) reported Thursday that its third-quarter net income grew by 12% to $1.22 per share, in line with analyst estimates, as revenue jumped 40%, driven by broad-based gains across its snack and beverage portfolio and the acquisition of its two …

Panasonic to Re-Enter Portable Gaming Market

Panasonic (PC) will re-enter the portable gaming market after more than a decade with a hand-held device called “The Jungle.”

The device will be a clamshell, with a screen on one side and a keyboard on the other, TechCrunch reported.

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The Jungle will be a product of a new Panasonic division named Panasonic Cloud Entertainment, which will focus on online gaming.

The move will pit…

Continue reading Panasonic to Re-Enter Portable Gaming Market

Panasonic to Re-Enter Portable Gaming Market originally appeared on DailyFinance on Thu, 07 Oct 2010 07:22:00.

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UPS to Hire 50,000 Workers for the Holiday Rush

UPS is taking on temporary staff to work in positions including package sorters and driver helpers. They will work through the company’s busy season, which covers the holiday period from Thanksgiving to Christmas.
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Sinochem Finds Little Govt. Support for Potash Bid

Sinochem Group may be unable to bid for Potash Corp. (POT), as the Chinese company is struggling to get state backing for the move.

The Chinese government has said it would prefer that the bid not be financed by credit from state banks, Bloomberg New…