Stocks making the biggest moves midday: LW, LEVI, W
Check out the companies making headlines in midday trading. Hertz Global — The car rental company shed about 4% after it was downgraded to sell from neutral at Goldman Sachs.…
Weight loss drug frenzy hits consumer giants in earnings season
A worker organizes cans of PepsiCo Inc. soda on a shelf inside a grocery store in Phoenix, Arizona, U.S., on Thursday, July 6, 2017. PepsiCo Inc. is scheduled to release…
Risks to alcohol and food stocks from Ozempic-like weight loss drugs
The rise of new anti-obesity medications could result in less alcohol consumption, impacting Club name Constellation Brands (STZ). The risk already seems to be playing out in food stocks with…
Morgan Stanley sees tough times ahead for snack stocks like Hostess
J.M. Smucker ‘s plan to buy Twinkies -maker Hostess Brands is a risky move, if Morgan Stanley’s latest research is correct. The firm revisited its August call that a new…
Frozen food grocery sales vs. critical cold storage supply chains
Americans love frozen food. Virtually all American households purchase frozen food at least once a year, but without resilient cold storage supply chain infrastructure, the growth and safety of the…
Silvergate, Bed Bath & Beyond, Walgreens and more
Signage outside a Bed Bath & Beyond retail store in New York, Aug. 25, 2022. Gabby Jones | Bloomberg | Getty Images Check out the companies making headlines in midday…
Compass, General Electric, Shell, Pinterest and more
The sign of a Shell petrol station is seen in front of a burning pilot flame atop a flare stack at the refinery of the Shell Energy and Chemicals Park…
Peloton, Shell, Compass and more
Check out the companies making headlines before the bell: Conagra (CAG) – The food producer’s stock added 2% in the premarket after it reported better-than-expected quarterly profit and sales. Conagra…