Is This Company Break-Up Next?

On today's MarketFoolery podcast, we kick off earnings season with Alcoa (NYS: AA) , and we look at Liz Claiborne's (NYS: LIZ) decision to sell its namesake brand to JCPenney (NYS: JCP) . PepsicCo's (NYS: PEP) latest quarter in the books -- is it time for the soft-drink company to spin off its Frito-Lay division, or does having a diversified company make it easier to compete with Coca-Cola (NYS: KO) ?

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At the time thisarticle was published Chris Hillowns shares of Coca-Cola. The Motley Fool owns shares of Coca-Cola and PepsiCo.Motley Fool newsletter serviceshave recommended buying shares of PepsiCo and Coca-Cola and creating a diagonal call position in PepsiCo. Try any of our Foolish newsletter servicesfree for 30 days. We Fools don't all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.

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