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PepsiCo says its fourth-quarter net income rose 17 percent on higher prices and strength in Latin America. The drink and snack maker’s earnings and revenue beat analysts’ estimates. The results mark the end of what CEO Indra Nooyi said would be a “transitional year,” with the company embarking on a cost-cutting program and stepping up investment in its flagship brands. PepsiCo’s brands include Frito-Lay, Gatorade and Quaker.