Text size Joe Raedle/Getty Images PepsiCo , the soft drinks and snacks giant, reported fourth-quarter adjusted earnings of $1.53 a share on revenue of $25.3 billion, both higher than analysts’ estimat...
Tag: Consumer
Consumer debt totals $15.6 trillion after a record-breaking increase in 2021
A customer counts his cash at the register while purchasing an item at a Best Buy store in Flushing, New York. Jessica Rinaldi | Reuters Consumers ended 2021 with record levels of debt, leading into a...
Clorox Stock Falls Sharply as Rising Costs Hit Margins
Text size A bottle of Clorox bleach in Culver City, California Chris Delmas/AFP via Getty Images Shares of Clorox were falling sharply Friday after the maker of disinfectant wipes and other cleaning p...
Here’s Why PayPal Stock Fell Down So Much Today
Text size PayPal stock is on pace for its worst percentage decline on record. Getty Images PayPal stock was in free-fall as investors—and Wall Street—reassessed the payments company after it issued a ...
PayPal Is Plunging. Wall Street Is Reassessing the Stock.
Text size PayPal stock pointed 19% lower in premarket trading Wednesday. Getty Images PayPal ‘s fourth-quarter earnings, and particularly its disappointing outlook, are spooking investors. Wall Street...
Crypto E-commerce, Directly to Consumer » NullTX
This week marks a new IEO by CRAT. CRAT is a utility token by the US-based project CratD2C that runs a blockchain marketplace for digital products and services, e.g., copyright, freelance, and softwar...
How The Cleveland Inventors Behind Nottingham Spirk Went From Consumer Products To Medical Devices
Nottingham Spirk cofounders John Nottingham (left) and John Spirk have worked together for 50 years: “We’re on the Warren Buffett business track of retirement,” Nottingham says. NICK...
Giant Bank Bought Up Apple, Comcast Stock. It Dropped AT&T and Visa.
Text size German banking giant Commerzbank bought up Apple stock in the fourth quarter. Dreamstime A German banking giant made some abrupt changes in its U.S.-traded investments. Commerzbank initiated...
Five Retail & Consumer Stocks To Watch
The wall Street street sign is seen on March 23, 2020 in New York City. – Wall Street fell early … [+] March 23, 2020 as Congress wrangled over a massive stimulus package while the Federal...
Netflix Co-CEO Reed Hastings Bought $20 Million of Stock
Text size Netflix co-founder and co-CEO Reed Hastings just made his first purchase of the company’s shares on the open market. Henrik Jonsson/Dreamstime.com Netflix ‘s stock has slumped in 2022,...
When Is the Next Recession Coming? Here’s How to Time It
Fake it ‘til you make it might work in Silicon Valley. It’s a less practical strategy for the Federal Reserve, which looks ready to compound one mistake with another. The central bank’s statement on W...
Chinese companies boost overseas investment in consumer products, EV supply chain
Chinese battery giant Contemporary Amperex Technology (CATL), pictured here on April 2, 2020, broke ground on its first overseas factory in Germany in late 2019 and plans to add up to 2,000 jobs there...
Canadian Consumer Group Warns of ‘Exploding’ Crypto Scam Industry
The Better Business Bureau Serving Southern Alberta and East Kootenay (BBB), a Canadian consumer advocacy group, has warned against the “exploding” crypto scam industry, per Global News. “It’s kind o...
Netflix Stock Might Be a Buy After Earnings Selloff
Text size Netflix added 8.3 million subscribers in the fourth quarter, but the company’s first- quarter forecast came up well short of Wall Street’s estimate. Dreamstime And just like that, Netflix pr...
Consumer Reports Cites Only Ford, GM As Offering Effective Driver Monitoring Tech
Only Ford’s Blue Cruise and GM’s Super Cruise, pictured here, will earn those extra points in … [+] Consumer Reports’ annual Top Auto Picks for their driver monitoring features. General Mo...
Analysts, Markets Think Unilever’s GSK Consumer Bid Is a Bad Idea
LONDON — Bad idea. Analysts covering Unilever didn’t hold back their feelings about the group’s 50-billion-pound bid for the consumer health care division of GlaxoSmithKline, which emerged over the we...
Unilever is not giving up on GSK’s consumer business
Shares of Unilever plc (LON: ULVR) slid 4.0% on Monday after the British multinational said it was still interested in buying GlaxoSmithKline plc’s (LON: GSK) consumer business. GSK continues to rejec...
Best Retail And Consumer Stocks To Buy In 2022
MIAMI – MAY 17: Glazed Krispy Kreme doughnuts are seen May 17, 2004 in Miami, Florida. Krispy Kreme … [+] Doughnuts Inc. last week said that the low-carb diet trend has hurt sales and they...
Apple, Not Amazon, Should Buy Peloton. One Analyst Explains Why.
Text size (Photo by Michael Loccisano/Getty Images) It’s been reported that Amazon.com and Nike are weighing bids for Peloton Interactive . One analyst said he’s be surprised if Apple also wasn’t in t...