November 28, 2023
“Seven companies, including health care play Merck (MRK), industrial Stanley Black & Decker (SWK) and Estee Lauder (EL), are poised to post 2024 adjusted earnings per share that’s 100% or more higher than this year’s, says an Investor’s Business Daily analysis of data from S&P Global… Continue Reading…
November 7, 2023
“Food-delivery company Wonder Group has gotten a cash infusion from Nestle, as the startup looks to sell high-tech kitchen equipment and prepared ingredients to businesses such as hotels, hospitals and sports arenas. The deal includes a $100 million investment from Nestle,… Continue Reading…
September 27, 2023
“…Guyana, a country in South America with a population of about 800,000 people, is projected to grow 38% by the end of the year — an “extremely fast” pace, according to recent GDP forecasts by the International Monetary Fund… BMI, a… Continue Reading…
September 19, 2023
“Olive oil prices spiked to fresh records as severe droughts in major producing countries crimp supplies — and drive up thefts in cooking oil. Global prices for olive oil surged to $8,900 per ton in September, driven by “extremely dry weather”… Continue Reading…
March 31, 2023
“Electric heavy-truck maker Nikola said that its planned $100 million secondary stock offering, announced on Thursday after U.S. markets closed, has priced at $1.12 per share – 20% below the stock’s closing price of $1.40. Shares fell more than 15%… Continue Reading…
January 2, 2023
“ExxonMobil and Chevron are expected to rake in almost $100bn in combined profits from 2022 as the US corporate oil titans capitalise on surging fossil fuel prices following Russia’s invasion of Ukraine. The profit bonanza is seen by the oil majors… Continue Reading…
November 29, 2022
“U.S. life insurers paid a record $100 billion in 2021 in death benefits, fueled by another year of Covid-19 deaths, an industry trade group said. Payouts rose 11% in 2021 to $100.19 billion, most likely due to the pandemic, according to… Continue Reading…
November 17, 2022
“Starbucks workers at more than 100 U.S. stores are on strike Thursday in their largest labor action since a campaign to unionize the company’s stores began late last year. The walkouts coincide with Starbucks’ annual Red Cup Day, when the… Continue Reading…
October 17, 2022
“The latest recession probability models by Bloomberg economists Anna Wong and Eliza Winger forecast a higher recession probability across all timeframes, with the 12-month estimate of a downturn by October 2023 hitting 100%, up from 65% for the comparable period… Continue Reading…
Recent Comments