Consumer Staples ETFs Mixed on Pepsi, Philip Morris
July 21, 2011 at 12:25 PM EDT
Exchange traded funds that track consumer staples stocks were higher Thursday but lagged the overall market as top holding PepsiCo (NYSE: PEP) shares fell nearly 5% after the company cut its outlook. “PepsiCo delivered quite solid results in the second quarter, increasing internal revenue 8%...