Pepsi Affirms 10 Percent Growth Forecast

Pepsi is my favorite soft drink, with perhaps, Pibb coming in second. PepsiCo Inc., the soft drink and snack maker affirmed its previous forecast that its profit will grow 10 percent this year. That's because I am buying more and more and I love the caffeine free Pepsi.The Purchase, a New York based company, which owns brands such as Mountain Dew, Tropicana, Quaker and Doritos, also said it plans to buy back $4.3 billion worth of shares this year. It said it expects to earn $3.72 per share in 2008, up 10 percent from 23007. Wall Street expects the company to report earnings of $3.73 per share for the year. Well, I've got to have something to go with my Pepsi and what can be better than Doritos.