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Latest News:
Canned Foods Market Size Expected to Grow at 4.2% CAGR by 2034 - FMIBlog somewhat bullish
CPB NSRGY
Summary: The global canned foods market is predicted to reach USD 25.6 Billion by 2033, driven by changes in lifestyles, improved distribution networks, and rising demand for ready-to-eat food items. Major distribution channels are supermarkets/hypermarkets and online retail channels. Key players such as Campbell Soup Company, Del Monte Foods, and Nestlé are implementing innovative tactics to retain consumers and penetrate new markets.
Full articleThe Law Offices of Frank R. Cruz Announces Investigation of Seritage Growth Properties ... somewhat bearish
SRG
Summary: The Law Offices of Frank R. Cruz is investigating Seritage Growth Properties for possible violations of federal securities laws. Seritage released its first quarter 2024 financial results, reporting a significant decrease in net operating income and downward revision of asset valuations, leading to a 27.3% drop in stock price.
Full articleLaw Offices of Howard G. Smith Announces Investigation of Seritage Growth Properties ... very bearish
SRG
Summary: Seritage Growth Properties (SRG) is under investigation for possible violations of federal securities laws due to a significant decrease in total net operating income and asset valuations for future sales projections as revealed in its first quarter 2024 financial results, resulting in a 27.3% drop in stock price.
Full articleForget Nvidia: Billionaires Are Selling It and Piling Into 2 Rapidly Growing Artificial ... somewhat bearish
NVDA ISRG PINS
Summary: Several billionaire money managers reduced their stakes in Nvidia during the December-ended quarter and invested in two high-octane artificial intelligence (AI) companies, Intuitive Surgical and Pinterest. They believe that AI's ability to infiltrate various sectors of the global economy will lead to significant benefits.
Full articleInvestor Optimism Improves, But Dow Snaps 8-Session Winning Streak - Benzinga neutral
GME SRG
Summary: The overall market sentiment showed some improvement with U.S. major indices recording gains last week and most sectors on the S&P 500 closing lower on Monday. GameStop Corporation (GME) shares surged over 74% while Seritage Growth Properties (SRG) shares dipped more than 27%. The Fear & Greed Index remained in the 'Neutral' zone.
Full articleVanguard Health Care Fund's Strategic Moves in Q1 2024: A Focus on Pfizer Inc somewhat bullish
ISRG NVO GSK KRTX ROIV PFE ABT
Summary: Vanguard Health Care Fund made strategic moves in Q1 2024 by adding new stocks like Intuitive Surgical Inc, increasing positions in Novo Nordisk A/S and GSK PLC, exiting holdings like Karuna Therapeutics Inc and Roivant Sciences Ltd, and reducing positions in Pfizer Inc and Abbott Laboratories.
Full articleWashington GMO Initiative Draws Opposition from Coca Cola, PepsiCo, Nestlé neutral
PEP NSRGY KO
Summary: Several major food and beverage companies, including PepsiCo, Nestlé USA, and The Coca-Cola Company, have donated over $1 million each to defeat a ballot initiative that would require labeling of genetically modified foods in Washington. The Grocery Manufacturer's Association (GMA) disclosed that businesses affiliated with them have contributed a total of $7.2 million towards defeating Initiative 522. GMA decided to reveal the funding sources after being sued by Washington Attorney General for violating campaign disclosure laws.
Full articleNescafé and Starbucks RTD key performers in Nestlé's challenging first quarter somewhat bearish
NSRGY
Summary: Nestlé reports low single-digit first quarter sales growth for its coffee segment, with Nespresso sales falling by 4%. Coffee sales underperformed in North and Latin America but showed momentum in Europe, China, and the Asia, Oceania, and Africa (AOA) region. Nestlé plans to launch Nespresso in India to tap into the growing demand for premium coffee beverages.
Full articleCoca-Cola, PepsiCo among top plastic polluters in world: Study somewhat bearish
KO PEP NSRGF DANOY
Summary: Major food and drinks companies, including Nestlé, PepsiCo, Danone, and The Coca-Cola Co., are among the top contributors to global plastic pollution, with Coca-Cola being the largest polluter followed by PepsiCo, Nestlé, and Danone. Several multinational food and beverage groups were highlighted in a study for their significant plastic waste footprint, prompting calls for improved reporting and recycling efforts.
Full articleCoca-Cola, PepsiCo, Nestlé among top plastic polluters: Study - New Age somewhat bearish
KO PEP NSRGY
Summary: Coca-Cola, PepsiCo, and Nestlé identified as top three contributors to global plastic pollution in a new study published in the journal Science Advances. The study found over 50 per cent of branded plastic waste worldwide can be attributed to 56 companies with Coca-Cola being the largest contributor.
Full articleCoca-Cola, PepsiCo, Nestlé among top plastic polluters: Study - New Age somewhat bearish
KO PEP NSRGY
Summary: Coca-Cola, PepsiCo, and Nestlé identified as top three contributors to global plastic pollution in a new study by scientists involving over 100,000 volunteers and cataloguing 1.8 million pieces of plastic waste from 84 countries. The study highlighted the need for major corporations to reduce single-use and short-lived plastic products to combat global plastic pollution.
Full articleCoca-Cola, PepsiCo among top plastic polluters in the world, study claims somewhat bearish
NSRGF PEP DANOY KO
Summary: Food and drinks majors like Nestlé, PepsiCo, Danone, and Coca-Cola are among top companies contributing to global plastic pollution according to a recent report. The study reveals a strong correlation between high production levels and pollution.
Full article