Investors have been infatuated with AI. But companies with strong earnings and healthy balance sheets should shine too.
3 minute read
TD Cowen analyst Robert Moskow likes Celsius’ latest purchase, but not Keurig Dr Pepper’s coffee deal.
Long Read
Government shutdown hits day 10, U.S. begins Argentine rescue, Amazon Prime shoppers snapped up necessities, and more news to start your day.
Long Read
The company named Steve Schmitt as its new chief financial officer effective Nov. 10.
3 minute read
Constructive bottoming patterns are forming for consumer staples stocks.
3 minute read
Walmart said artificial sweeteners and preservatives would be removed from its store brands sold online and at more than 4,500 stores.
2 minute read
Amid declining sales of alcoholic beverages, beer giant Anheuser-Busch InBev is partnering with the streaming service to sell more drinks.
3 minute read
As the Fed eases up, it could pay to own a mix of defensive and cyclical stocks, and non-U. S. bonds.
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Hershey recently raised prices across its confection portfolio, and consumers didn’t balk as much as expected.
3 minute read
Wingstop is adding new stores and McDonald’s and Wendy’s are upping their game when it comes to chicken.
Long Read
Sales growth was led by Kroger’s pharmacy and fresh produce segments, as well as its e-commerce channel.
2 minute read
Investors are skeptical about activist investor Elliott’s proposals for Pepsi, says TD Cowen.
3 minute read
AppLovin and Robinhood trade sharply higher after it was announced the stocks would be joining the S&P 500 later this month.
3 minute read
Consumer staples are one of a few defensive sectors that look set to outperform. They’re also cheap.
4 minute read
A recovery in Pepsi’s valuation could lift shares by more than 50%, one activist investor says.
4 minute read
Senate takes up Miran nomination, ConocoPhillips is slashing jobs, Figma earnings disappointed, and more news to start your day.
Long Read
Global bond rout deepens, Trump tariffs are back in limbo, food giants are struggling, and more news to start your day.
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It remains to be seen whether any of the efforts by packaged-food companies will rekindle growth.
4 minute read
Kraft Heinz will divide into one company focusing on the global market for sauces, spreads and seasonings while the second will target selling grocery staples in North America.
3 minute read
Laurent Freixe was dismissed for a secret romance with a direct subordinate that breached the company’s code of conduct.
1 minute read
Pistachios are popping up in pastries, brownies and milkshakes, thanks to the frenzy over Dubai chocolate and viral social media videos. Growers are trying to keep up.
Long Read
Stifel’s Barry Bannister says stocks are due for a big drop and thinks investors should play defense with staples and healthcare.
3 minute read
McDonald’s is trying to lure back budget-constrained consumers after hiking prices.
3 minute read
As sales of doughnuts, cookies, and brownies slip, healthy snacks with protein, collagen, and fiber are muscling into the market.
Long Read