Consumer Products

Why Altria’s New Partner Could Be a Game Changer

Posted: January 17, 2019 at 9:55 am

Altria Group Inc. (NYSE: MO) is entering a new partnership with Lexaria Nicotine to fund the research and development of Lexaria’s patented DehydraTECH technology. The partnership will explore innovation in ...
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Global Warming Could Kill Much of the World’s Coffee

Posted: January 17, 2019 at 8:25 am

For the 2015–2016 coffee marketing year (October through September), global coffee farmers harvested nearly 72 million 132-pound bags of Arabica coffee worth an estimated $13.8 billion. And while Arabica coffee ...
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Routine Event Brings Irregular Selling in Top Marijuana Stock

Posted: January 15, 2019 at 12:35 pm

Tilray Inc. (NASDAQ: TLRY) was one of the major winners of both legal cannabis and in the realm of initial public offerings (IPOs) in 2018. After the company priced its ...
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Lululemon Makes a Case for Itself Ahead of Earnings

Posted: January 14, 2019 at 10:15 am

Lululemon Athletica Inc. (NASDAQ: LULU) released an update regarding its fiscal fourth-quarter financial results before the markets opened on Monday. Note that Lululemon’s quarter ends on February 3, 2019. The ...
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Bud Light Will Display Nutritional Information on Packages

Posted: January 12, 2019 at 8:26 am

Bud Light, one of the best-selling products from beer giant Anheuser Busch Inbev N.V. (NYSE: BUD), will start to show nutritional information on the packages that contain its cans. The ...
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What Analysts Are Saying About Constellation Brands After Earnings

Posted: January 10, 2019 at 11:30 am

Constellation Brands Inc. (NYSE: STZ) reported its most recent quarterly results on Wednesday and while things immediately took a turn for the worse, the outlook doesn’t appear as bad as ...
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Does Herbalife’s CEO Resignation Signal a Bigger Problem?

Posted: January 9, 2019 at 9:40 am

Herbalife Nutrition Ltd. (NYSE: HLF) has announced that CEO Richard Goudis will be resigning. Those close to the matter say that Goudis is resigning as a result of comments he ...
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What to Expect When Constellation Brands Reports Wednesday

Posted: January 8, 2019 at 1:10 pm

Constellation Brands Inc. (NYSE: STZ) is scheduled to release its fiscal third-quarter financial results before the markets open on Wednesday. The consensus estimates are calling for $2.06 in earnings per ...
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Analyst Names Top Legalized Marijuana Stocks for 2019

Posted: January 8, 2019 at 1:05 pm

The world of legalized marijuana and cannabis sales is expected to keep growing. A 2019 forecast report from Cowen now projects even stronger growth from this industry in the decade ...
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Cannabis Industry Raised $13.8 Billion in New Capital in 2018

Posted: January 4, 2019 at 10:30 am

Companies doing business in the marijuana industry raised $13.8 billion in merger and acquisition (M&A)  and other investment deals in 2018. The total is nearly four times higher than the ...
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10 Largest Marijuana Companies

Posted: January 2, 2019 at 8:25 am

The pack of companies at the top of the marijuana sector changed dramatically in 2018, largely the result of significant investments from large consumer products firms buying their way into ...
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Americans Throw Out 30 Million Christmas Trees

Posted: December 27, 2018 at 6:35 am

Just shy of 30 million Christmas trees are sold each year in the United States. Now that the holiday is over and many of those trees have become dry, Americans ...
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Canadian Pot Grower Hexo Files for US IPO

Posted: December 21, 2018 at 12:55 pm

Québec-based Hexo, a licensed producer of marijuana products in Canada, has filed a Form F-10 with the U.S. Securities and Exchange Commission (SEC) for an initial public offering (IPO). The ...
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Why Nike Is Friday’s Big Earnings Winner

Posted: December 21, 2018 at 8:30 am

When Nike Inc. (NYSE: NKE) released its fiscal second-quarter financial results after the markets closed on Thursday, the company said that it had $0.52 in earnings per share (EPS) and ...
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Apple Ordered to Cease iPhone Sales in Germany

Posted: December 20, 2018 at 1:45 pm

A district court judge in Munich, Germany, this morning ordered Apple Inc. (NASDAQ: AAPL) to stop selling iPhones in Germany that infringe on patents claimed by Qualcomm Inc. (NASDAQ: QCOM). ...
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