Archer Daniels Midland Co. ADM, -1.24% said Thursday its fourth-quarter profit rose to $1.02 billion, or $1.84 a share, from $782 million, or $1.38 a share, in the year-ago quarter. Adjusted earnings ...
Tag: Beverages
Diageo sees 9.4% jump in organic net sales for first half as prices rise
Diageo PLC UK:DGE said Thursday that pretax profit rose in the first half of fiscal 2023, supported by better-than-expected sales volumes due to higher prices, and raised its dividend payout. The Lond...
The 1980s was the blueprint for the upcoming disinflation cycle and these are the stocks for it, strategists say
Stocks logged a third-straight losing session on Thursday as investors continue to deal with a mixed bag of economic data. That followed Wednesday’s session and extremely weak industrial production th...
Albertsons to finally pay out special dividend, which has been delayed by courts
Shares of Albertsons Companies Inc. ACI, -0.24% jumped 2.0% in premarket trading Thursday, to buck the selloff in the broader market, after the grocery chain, which has agreed to be acquired by Kroger...
P&G earnings: Sales are set to fall for the first time in 5 years as higher prices take a toll
Procter & Gamble Co. can be expected to beat expectations, as it usually does, when it reports fiscal second-quarter earnings later this week, but investors can assume that continued price increas...
Take profits on Starbucks after its huge run, and check out these 3 other stocks
In Friday’s “Morning Meeting,” we dug into our inbox and found an excellent question raised by a member of the Investing Club. Starbucks – like Halliburton – has had a nice run latel...
Keurig K-Cup settlement: Today’s the final day to join the $10 million lawsuit
If you have been making your morning cup of coffee using the popular Keurig KDP, -0.63% pods, aka K-Cups, then you may be entitled to some money. The beverage giant recently agreed to settle a class-a...
The Entertainment Industry Invests In Gen Z Veering More Towards Non-Alcoholic Drinks
NEW YORK, NEW YORK – OCTOBER 14: ZOA on display at the Food Network New York City Wine & Food … [+] Festival presented by Capital One – Southern Glazer’s Wine & Spirits...
Constellation Brands (STZ) Q3 earnings
A worker stacks cases of Constellation Brands’ Corona beer for delivery at the Euclid Beverage LLC warehouse in Peru, Illinois. Daniel Acker | Bloomberg | Getty Images Shares of Constellation Br...
2022 Was A Year Of Decreased Valuations, Celebrity Brands, And Beverage. Here’s What It Takes For CPG To Win In 2023
FABID is a food and beverage specific database that tracks investors, brands, and their involved … [+] financing events. FABID 2022 was nothing short of mixed feelings for consumer products. Deb...
5 things not to buy in 2023
It’s been a year of contradictions. The recession drum beats on, interest rates are rising, and the stock market has taken a tumble, and yet retail sales have risen 6.5% in the last 12 months, trailin...
Pernod Ricard Invests In Ready-To-Drink Beverages Via A French Cocktail Brand Cockorico, New American Facility
Late last week, Pernod Ricard acquired a majority stake in French RTD brand Cockorico. This follows … [+] the announcement of a new $22M American canning facility Cockorico Pernod Ricard is bett...
Avocado prices are plunging, sending Mission Produce stock toward its worst day ever
Mission Produce Inc. shares headed for their worst day yet on Friday, following an earnings report that showed the effects of rapidly declining avocado prices. Mission Produce AVO, -15.20% reported a ...
20 big oil companies expected to be cash gushers in 2023 despite uncertainty
The energy sector of the S&P 500 has been the year’s best performer, yet oil stocks still appear to be inexpensive when compared with those in other industries. If you are interested in investing ...
Bill Miller Is Still Bullish on Bitcoin—and a Lot More
Professional athletes like to retire after a good run. Legendary value investor Bill Miller is taking a different route. Miller, 72, is sticking with the plan he announced in January to hang up his in...
BlackBerry’s third quarter tops Wall Street’s earnings expectations
Cybersecurity and Internet-of-Things company BlackBerry Ltd. late Tuesday reported quarterly results that topped Wall Street expectations, although shares did little in after-hours trading. BlackBerry...
Nike, FedEx, Micron, General Mills, and Other Stocks for Investors to Watch This Week
A bevy of economic data and several notable companies reporting will keep investors busy this week, before things slow down for the holidays. On Tuesday, Nike FedEx and General Mills release quarterl...
FedEx and Nike earnings will hold vital hints on holiday-shopping strength
After investors raced for the exits following their last earnings reports, package-deliverer FedEx Corp. and athletic-gear maker Nike Inc. will try it again. And they’ll offer important reads on deman...
Opinion: 6 cheap stocks that famed value-fund manager Bill Nygren says can help you beat the market
These are tricky times in the stock market, so it pays to look to the best stock-fund managers for guidance on how to behave now. Veteran value investor Bill Nygren belongs in this camp, because the O...