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Pepsi profits go to brands

PepsiCo Inc.'s net income dipped five per cent in the third quarter as the snack food and beverage maker poured more money into bolstering its flagship brands and developing new products that position it for the future.

PepsiCo Inc.'s net income dipped five per cent in the third quarter as the snack food and beverage maker poured more money into bolstering its flagship brands and developing new products that position it for the future.