PepsiCo posts higher quarterly earnings on Wednesday
date:Oct 17, 2013
ly good business, and why break them up?

I believe in running the company for shareholders that are going to stay, rather than the ones that are going to leave and if you are going to stay as a shareholder I think you like the idea of them having two good businesses, Buffet said.

Overall sales volume rose 3 percent for the food business and 1 percent on the beverage side. Volume tracks the amount of product sold.

Volume in the American food business grew 3 percent. In Latin America and Europe
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