PepsiCo Inc’s  quarterly sales fell 2.9 percent, the sixth straight quarter of decline, hurt by a strong dollar and weak revenue in some markets including Latin America and Europe. The net income attributable to the company declined to $931 million, or 64 cents per share, in the first quarter ended ... Read More »

BlackRock Inc (BLK.N), the world’s largest asset manager, posted a 20 percent drop in first-quarter profit amid a dramatic reversal in financial markets. The New York-based company’s net income fell to $657 million, or $3.92 per share, in the three months ended March 31, from $822 million, or $4.84 per ... Read More »