On Tap Today: PepsiCo, Jefferson-Pilot Report Earnings

Earnings season slows to a veritable crawl this week but not before soft-drink stud

PepsiCo

(PEP) - Get Report

announces its numbers for its fourth quarter.

Wall Street is expecting Pepsi to post earnings of 38 cents a share, up from 33 cents a share a year ago. On Thursday, PepsiCo's board announced that it would pay a quarterly dividend of 14 cents per share. The dividend is payable March 30, 2001 to shareholders of record on March 9, 2001.

Shares of Pepsi traded up 3.02% to finish at $44.99 on Friday.

The lone economic release for today is the

Purchasing Managers Non-manufacturing Index, which has very little impact on the market due to its short lifespan. (The earliest data is for July 1997.)

Today also marks the end of the lockup period for recent tech IPOs

Evolve Software

(EVLV)

,

Repeater Technologies

( RPTR) and a few others.

Expected Earnings Reports

This table includes S&P 500 companies only. Dates are as expected according to First Call/Thomson Financial, and may change. The full week's earnings calendar is published separately.

Economic Data

(

Forecasts are from

Reuters

. Times are Eastern. For a longer-term economic calendar and more, see

TSC's

Economic Databank.

)

10 a.m.: Purchasing Managers Non-manufacturing Index for January. Source: National Association of Purchasing Management. Forecast: n.a.. Previous: 53.0.

IPO Lockups Expiring

(TheStreet.com's

Michael Falbo, who writes for

TSC's

ipoPros.com subsidiary, keeps a close eye on lockup expirations every week. For more on lockup expirations and why they matter, check out Holmes' primer on the subject. The full current lockup expiration list is published separately. For information on IPO pricings, filings and aftermarket activity, plus a calendar of upcoming IPOs, check out

TheStreet.com's

IPO data section.

)