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Venezuela is causing havoc on U.S. companies
2015-02-11 18:52:26| Beverages - Topix.net
Pepsi said Wednesday that it took a $126 million hit last year because of Venezuela's currency, the bolivar, losing value. Pepsi warned that if the bolivar devalues any more than it already has, it will be a big drag on 2015 profits as well.
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