Investors Keep Seeing Smoking Dividend Hikes From Big Tobacco
Philip Morris International has just announced that it is increasing its regular quarterly dividend by 2.6%.
Companies and Brands
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Will a New CEO and a Huge Write-Down Save Aurora Cannabis?
Canada-based medical and recreational marijuana company Aurora Cannabis announced Monday that it has a new CEO and will take a substantial write-down on goodwill and other intangible assets.
Why One Analyst Is Racing Ahead With a Street-High Target for Peloton
JPMorgan has reiterated its Overweight rating on Peloton and raised the price target to a street-high $105.
How the Legality of a Popular Hemp-Based Compound Weighs on Cannabis Stocks
A recent final ruling from the U.S. Drug Enforcement Administration has cast doubt on the legality of some non-psychoactive products derived from the hemp.
Nestle Adds Peanut Allergy Treatment to Its Portfolio
Consumer products giant Nestlé has agreed to acquire Aimmune Therapeutics, maker of a peanut-allergy treatment. The deal is valued at $2.6 billion, including Nestlé's existing stake Aimmune.
Coca-Cola to Fire 4,000 in North America, Promises More Cuts Globally
Coca-Cola has announced that it will offer 4,000 North American employees a voluntary layoff, and the company expects to offer a similar program globally as it reorganizes.
Has Coty Done Enough to Turn Around Its Awful Quarterly Results?
Beauty products maker Coty reported disappointing results for its fiscal fourth quarter. A new CEO starts next week, a fresh infusion of cash gives the company some breathing room, and deal for a stake…
Record-Breaking Mike Trout Rookie Card for $3.9 Million: Crazy or Genius Investment?
Are baseball cards a hobby or an investment? If so, are we witnessing the same sort of bubble that was seen back in the 1980s and early 1990s?
Why Coca-Cola Beats PepsiCo in an Investor Taste Test in August
Now that the dust has started to settle in the COVID-19 pandemic, even if this ordeal and the recession that came with it are far from over, it's worth looking at which beverage giant…
What Analysts Are Saying About Tilray After Earnings
Tilray reported disappointing quarterly results after the market closed on Monday, and many analysts took to the sidelines.
Is That a Light at the End of the Tunnel for Canopy Growth?
Marijuana grower Canopy Growth beat both top- and bottom-line expectations in its first fiscal quarter of 2021. Following a punishing 2019, hopes may be rising again for the company and the rest of the…
Which Segment Dragged on Beyond Meat in Q2?
Beyond Meat reported its most recent quarterly results after the markets closed on Tuesday, and shares retreated early Wednesday.
Is It Only Up From Here for Under Armour Stock?
Under Armour stock was crushed on Monday, despite receiving a relatively positive analyst upgrade.
How a New CEO Perked Up Tyson Foods Q3 Results
Tyson Foods beat estimates on earnings, but missed on revenue as COVID-19 caused shipment volume to fall as production facilities were temporarily closed. A new CEO added some luster to an otherwise so-so quarter.
Did Investors Expect Too Much From Clorox Earnings?
Clorox reported better than expected fiscal fourth-quarter financial results before the markets opened on Monday, due largely to stronger consumer demand.