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Global Markets Update: Pepsi in 'Transition Year'

Global Markets Update: Pepsi in 'Transition Year'

U.S. markets are mixed on the day, after opening higher on the Greek agreement. Cisco shares lower, but up nearly 50 percent since last August. And Pepsico is down nearly 4 percent after it refers to 2012 as a "transition year." And Diamond Foods takes a major hit after announcing it's getting rid of two top executives over improper accounting.

CNBC | February 9, 2012Watch more videos from CNBC

Tags:. .pepsico. .cisco. .rid. .transition. .agreement

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