Sunday, February 15, 2009
6444: Have A Coke And A Smiley Face.
A profitable MultiCultClassics Monologue…
• PepsiCo reported 4Q profits were down. Perhaps the company should turn its new smiley logo into a frown.
• Marriott reported a 4Q loss of $10 million. The hotel corporation will probably recoup the loss via sales of $10 bottles of Pepsi in suite mini-bars.
• Abercrombie & Fitch reported 4Q profits fell 68 percent. Media company Viacom reported 4Q profits dropped 69 percent. Can we get a 70 percent slide?