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PepsiCo (PEP), the maker of popular brands like Doritos, Lays and Cheetos, is slashing the price of its snacks by 15%. Jenny Horne breaks down the company’s fourth-quarter results, as well as its plans to lower prices. PepsiCo Foods U.S. CEO Rachel Ferdinando said that she's "spent the past year listening closely to consumers, and they’ve told us they’re feeling the strain" and that "lowering the suggested retail price reflects our commitment to help reduce the pressure where we can." For more m
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