Herbalife Hit by New York Probe Today, but Who Else Tomorrow?
Herbalife is caught between a rock and a hard place. News hit in the past 24 hours that New York State also is investigating whether the company is a pyramid scheme. Shares fell in…
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Newest first · Page 178Coca-Cola Outlook Remains Cautious
Coca-Cola reported first-quarter results before markets opened Tuesday morning. The company said that structural changes provided the boost to revenues. Shares were up in premarket trading.
Herbalife Probes Have Been Going on for Months
Courtesy Herbalife Ltd.Shares of Herbalife Ltd. (NYSE: HLF) plunged about 14% on Friday following a Financial Times report that the U.S. Department of Justice and the FBI have each launched criminal% investigations into the…
Sharp Rise in Gas Prices, Some Areas at $4
ThinkstockThe dreaded $4-a-gallon price for an average gallon of gasoline has not been reached nationwide, but as that national average spiked to $3.635 yesterday, some parts of the country are already across the higher…
Is Coke Worth More Than Pepsi?
courtesy of The Coca-Cola CompanyIs the Coca-Cola Co. (NYSE:KO) worth more than PepsiCo Inc. (NYSE: PEP)? It would appear so, at least based on brand value. The subject is, however, more complicated than just…
Federal Probes of Herbalife Started
Courtesy Herbalife Ltd.The Financial Times reported late Friday afternoon that Herbalife Ltd. (NYSE: HLF) is being investigated by both the U.S. Department of Justice and the FBI. Neither federal agency would comment on the…
Walmart to Offer Discount on Organic Foods
Walmart announced that it would sell groceries from organic food firm Wild Oats that are 25% or more below the supplier's previous levels. Wild Oats claims to be one of the organic food industry…
Why Pet Food Sale Is a Win-Win for P&G and Mars
Procter & Gamble's sale of its most of pet food business to candy and pet food maker Mars for $2.9 billion should be a win for both companies. P&G shares were up fractionally in…
Beer Sales Drive Constellation Brands Earnings
Constellation Brands reported better-than-expected fourth-quarter and full-year fiscal 2014 earnings before markets opened Wednesday morning, though sales in the wine and spirits segment were flat.
Why a Dividend Hike Merits Some Caution in P&G and Consumer Products
The Procter & Gamble Co. (NYSE: PG), the world’s top consumer products giant and a Dow Jones Industrial Average component, made important news on Monday by announcing that it was raising its dividend by…
Sam’s Club Hit by Chicken Nugget Recall
ThinkstockTyson Foods Inc. (NYSE: TSN) has recalled more than 75,000 pounds of chicken nuggets after some customers complained of finding bits of plastic in their food. The recall includes 5-pound bags of frozen nuggets…
Starbucks Slashes Prices on Coffee
For some reason, Starbucks has slashed prices on some coffee and coffee products between April 1 to April 7. The coffee shop chain did not give any reason for the decision.
What Is Wrong at Care.Com After the IPO?
Care.com was supposed to be a great IPO. But on a day that the stock market hit a new high, this stock is trading at a post-IPO low. This is now trading as a…
What Health Risk in Soda? Coca-Cola Credit Ratings Looking Positive
Coca-Cola is a Dow Jones industrial Average component with shares that have been pressured compared to the broad market. Now we have a positive ratings action from Standard & Poor's.
Diet Pepsi Sales Plunge
courtesy of PepsiCoSoda sales in general have been under siege, mostly because of high sugar and calories levels. Among the brands within the industry, Diet Pepsi has taken a particularly bad beating. The news…