On Wednesday, Shares of PepsiCo, Inc. (NYSE:PEP), gained 1.48% to $98.51.
The rumor mill has been churning in Montana and, it turns out, the rumors are true! Chester Cheetah, the official spokes-cheetah of the Cheetos brand, one of the flagship brands from PepsiCo’s Frito-Lay division, is trying his paw at politics by campaigning for mayor of the town.
But why is Chester Cheetah jumping paws first into the political pool? The fun-loving feline is giving Americans hungry for something new to chew on this election cycle - a bipartisan, if not cheesy way, to have some fun with politics. That’s why he’s rallying voters to be “through with the red vs. blue” and instead go orange with the Orange Party. Led by Chester, the Orange Party is seeking to put the party back into party politics through a little bit of mischief and a whole lot of cheese.
Cheetos is one of the many brands that makes up Frito-Lay North America, the $14 billion convenient foods business unit of PepsiCo (NYSE:PEP), which is headquartered in Purchase, N.Y.
PepsiCo, Inc. operates as a food and beverage company worldwide. Its Frito-Lay North America segment offers Lay’s potato chips, Doritos tortilla chips, Cheetos cheese-flavored snacks, Tostitos tortilla chips, branded dips, Ruffles potato chips, Fritos corn chips, and Santitas tortilla chips.
Shares of LyondellBasell Industries NV (NYSE:LYB), inclined 2.09% to $95.59, during its last trading session.
LyondellBasell, declared the acquisition of SJS Plastiblends Pvt. Ltd. (SJS), thereby advancing the Company’s position in India’s expanding automotive market. In August, LyondellBasell declared a definitive agreement to acquire SJS, a polypropylene (PP) compounds manufacturer located in Aurangabad, Maharashtra, India.
India represents the fourth largest growth market for automobiles globally with 3 million new vehicles produced each year. According to IHS Inc., India’s automotive market is predictable to continue growing by 6 to 8 percent annually through 2021. Additionally, the World Bank has predicted India’s GDP to grow at a rate of 8 percent by 2017.
LyondellBasell Industries N.V. operates as a manufacturer of chemicals and polymers, refiner of crude oil, producer of gasoline blending components, and developer and licensor of technologies for production of polymers.
Finally, Shares of Lowe’s Companies, Inc. (NYSE:LOW), ended its last trade with 0.83% gain, and closed at $71.78.
The total volume traded on Wednesday accounted for 4,679,400. The high and low price for the day was $71.93 and $71.09 respectively. The stock, as of recent close, has shown weekly upbeat performance of 4.47% which was maintained at 4.73% in this year.
Lowe’s Companies, Inc. operates as a home improvement retailer. The company offers products for maintenance, repair, remodeling, and home decorating. It provides home improvement products under the categories of kitchens and appliances; lumber and building materials; tools and hardware; fashion fixtures; rough plumbing and electrical; lawn and garden; seasonal living; paint; home fashions; storage and cleaning; flooring; millwork; and outdoor power equipment.
