PepsiCo 3% Price Rise `Right Strategy,' CFO Says

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Oct. 16 (Bloomberg) -- Hugh Johnston, chief financial officer of PepsiCo Inc., talks about third-quarter earnings and the outlook for the food and beverage company. Net income rose 0.6 percent to $1.91 billion, or $1.23 a share, Purchase, New York-based PepsiCo said today. Johnston speaks with Betty Liu and Scarlet Fu on Bloomberg Television's "Surveillance." (Source: Bloomberg)

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