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PepsiCo rides new flavors and more ads



PepsiCo Inc. posted higher quarterly profits and sales that the food and drink business rolled out new products such as Pepsi Mango and ramped up marketing for some of its more established brands.

Under CEO Ramon Laguarta, who took over as CEO of Indra Nooyi in October, the company has increased this year's advertising and distribution network, expanding product lines and changing packaging.

"We are …


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