Kellogg & AB InBev: Will These Two Stocks Rise On Consumer Comeback?
- May 06, 2021 06:11 PM PDT
- Team Kalkine Media
Upbeat Forecast Boosts Under Armour, Caesars Shares; Peloton Dips After Treadmill Recall
- May 05, 2021 01:56 PM PDT
- Team Kalkine Media
Coursera, Chegg, & Houghton: 3 Education Stocks To Explore
- May 05, 2021 11:18 AM PDT
- Team Kalkine Media
3 Alcohol Stocks To Explore On Wall Street
- April 30, 2021 09:07 PM PDT
- Team Kalkine Media
McDonald’s, Yum! Brands Q1 Sales Exceed Pre-Pandemic Level
- April 29, 2021 01:39 PM PDT
- Team Kalkine Media
Summary McDonald’s CEO Chris Kempczinski said the company’s first-quarter global comparable sales and revenue surpassed the numbers in the first quarter of 2019. Yum! Brands’ worldwide same-store sales grew 9 percent in the qu...
P&G to Hike Prices Over Rising Commodity Cost; Posts Robust Q3’21 Results
- April 20, 2021 06:27 PM PDT
- Team Kalkine Media
Summary Prices will increase for P&G’s products in its baby care, feminine care and adult incontinence categories. The consumer products company attributed the price hike to the impact for increasing commodity costs. P&G’s ...
Altria, British American Tobacco Stocks Tumble as FDA Reportedly Looks to Cut Nicotine
- April 20, 2021 02:53 PM PDT
- Team Kalkine Media
Summary The U.S. Food and Drug Administration is reportedly considering to cut nicotine level in cigarettes. Altria’s share dropped around 10 percent this week while British American Tobacco declined close to 7 percent on NYSE. Share of ...
PepsiCo’s Q1’21 Revenue Up 6.8%, Reiterates 2021 Guidance
- April 16, 2021 05:24 AM PDT
- Team Kalkine Media
Source: Kowit Lanchu, Shutterstock Summary Organic revenue during the first quarter grew 2.4 percent year over year. Net income rose to US$1.71 billion from US$1.34 billion. PepsiCo anticipates 2021 organic revenue to grow in mid-single digit...
Amazon Wins Key Vote Against Drive For Alabama Warehouse Union
- April 09, 2021 01:32 PM PDT
- Team Kalkine Media
Source:Tada Images, Shutterstock Summary Of the total votes, 1,798 were against unionizing while 738 were in favor. This verdict successfully thwarts an attempt to unionize warehouse workers in America. However, the retail, wholesale, and depa...
Taking Cue From Uber, Lyft, Grab Eyes US Listing Via SPAC Deal
- April 08, 2021 03:52 PM PDT
- Team Kalkine Media
Source:ANDRANIK HAKOBYAN, Shutterstock Summary Singaporean ride-hailing company to announce a SPAC merger for US listing. The deal could value Grab at US$35 billion. Lyft and Uber saw their stocks recover in 2020 despite reporting losses. ...
Prosus To Reduce Stake In Tencent To 28.9%
- April 08, 2021 10:59 AM PDT
- Team Kalkine Media
Source:Pla2na, Shutterstock Summary Prosus plans to cut its stake in Tencent to 28.9 percent from 30.9 percent by selling 191.9 million shares. South Africa-based Nasper, which owns Prosus, is the largest shareholder in Tencent. Tencent&rsquo...
Why NIO Stocks (NYSE:NIO) Are The Target of Wall Street Investors
- March 01, 2021 01:34 PM PST
- Team Kalkine Media
Source: soul_studio, Shutterstock Summary NIO Inc. stocks (NYSE: NIO) rose more than 1100 percent in the past year. It plans to foray into the European market in the latter half of 2021. The stock has been riding on robust volumes in rec...
Ford Not Ready To Give Up Its EV Dream Without A Fight
- February 13, 2021 10:35 AM PST
- Team Kalkine Media
ook to leverage existing markets to push sales and reinforce the franchisee business. Ford Motor is not ready yet to cede any ground to its competitors in the electric vehicle (EV) market. This has been made amply clear when the company CEO Jim ...
General Motors delivers stellar annual results amid pandemic gloom
- February 12, 2021 11:27 PM PST
- Team Kalkine Media
Source:NuPenDekDee, Shutterstock Summary General Motors delivered a robust performance in 2020 despite the coronavirus pandemic challenges. The company is expecting global semiconductor chip shortage to impact its 2021 earnings. General Motor...
