Fortune's No. 1 Most Powerful Woman, PepsiCo (PEP) Chairman and CEO Indra Nooyi, delivered disappointing quarterly earnings this morning and said that the company will close up to six plants and cut 3,300 jobs. PepsiCo stock is down 9% to $56 in midday trading.
Meanwhile, another Most Powerful Woman--a newcomer to the 2008 rankings released two weeks ago--is on a roll. Johnson & Johnson's (JNJ) Sheri McCoy, No. 44 on our MOREPatricia Sellers - Oct 14, 2008 1:11 PM ET
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