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3M Appoints Jeffrey R. Laver As New Executive Vice President of Consumer Business Group

As per reports, 3M (MMM) named Jeffrey R. Laver, 57 as its new executive vice president, Consumer Business Group, succeeding Paula Keel effective immediately. Laver joined 3M in 1987 and fulfilled roles both as a functional and business leader. "Jeff is a highly accomplished leader with a demon...

Aug 07, 2020 View Article

The Home Depot To Host Q2 Financial Results Call On August 18

As per reports, The Home Depot, Inc (HD) to host the Q2 2020 earnings conference call on Tuesday, August 18, at 9 a.m. ET. The event will be webcast live by logging onto http://ir.homedepot.com/events-and-presentations. The webcast will be archived and available by noon on August 18. The Hom...

Aug 07, 2020 View Article

Walgreens Backs INFORM Consumers Act Aimed At Organized Retail Crime

As per reports, Walgreens has come out in support of the INFORM Consumers Act launched in the U.S. House of Representatives, this week by Congresswoman Jan Schakowsky. Alex Gourlay, president of Walgreens issued a statement, "The lack of transparency and accountability in today’s digital market...

Aug 06, 2020 View Article

3M Reports Coronavirus Crisis Hit Q2 Demand

3M (MMM) released its quarterly revenue recently, reporting a 12% drop in revenue for the quarter ending June 30 as demand for its products dropped due to the global economic slowdown caused by the coronavirus pandemic. Net sales dropped to $7.2 billion from $8.2 billion. Net income increased to $1....

Aug 04, 2020 View Article

Nike Shuffles Up It Leadership Team & Focuses On Job Cuts

Reportedly, NIKE, Inc. (NIKE) is gearing up for some leadership changes along with job cuts to focus on its digital business and engaging directly with customers as COVID-19 impacts the buying habits of consumers. The company informed that the changes it is making will lead to a “net loss of jobs ...

Aug 01, 2020 View Article

McDonald’s Board Announces Cash Dividend Payable September 15

The Board of McDonald’s Corporation (MCD) declared a cash dividend of $1.25 per common share for the quarter, this week. The dividend is set to be payable on September 15, 2020, to shareholders as on September 1, 2020. For any important updates or information regarding McDonald's, like the timing ...

Jul 23, 2020 View Article

Walmart Makes Face Masks A Mandate For All Its Stores In The US

As per reports, Walmart Stores, Inc. (WMT) has joined many other retail outlets making face masks compulsory for all its customers and employees at all locations starting from July 20. The decision comes in to control the spread of the growing COVID-19 cases in the US. Walmart operates more than 4,7...

Jul 16, 2020 View Article

J&J Receiving Pressure From Nonprofits To Discontinue Sales Of Baby Powder

As per a statement from advocacy group Black Women for Wellness, reportedly more than 170 nonprofit groups which include educational institutions such as Emory University and activist groups such as Greenpeace, among others have urged Johnson & Johnson to stop selling its talc-based Johnson’s ...

Jul 14, 2020 View Article

Hong Kong Disneyland To Re-Close Amid Rising COVID-19 Cases

Reportedly, Disney (DIS) is scheduled to re-close its theme park in Hong Kong due to a rise in COVID-19 cases there. Hong Kong Disneyland reopened on June 18 and will now “temporarily” close again on July 15 after Hong Kong reported 52 new COVID-19 cases this week. Hotels at the Hong Kong theme ...

Jul 14, 2020 View Article

Set Your Schedules as Disney’s Live Action Feature “Mulan” Will Be Released On August 21, 2020

The Walt Disney Studios (DIS) announced the release of "Mulan," a live-action epic directed by renowned filmmaker Niki Caro in theaters on August 21, 2020. The film's earlier release of July 24, 2020, was delayed due to the theatre closures amid the COVID-19 pandemic. Disney’s Mulan depicts an e...

Jun 30, 2020 View Article

Nike’s Reported Fiscal Q4 Losses Driven By Coronavirus Closures

NIKE, Inc. (NIKE) recently reported Q4 losses as they were forced to close global store closures due to the coronavirus pandemic and shutdown. Revenue of $6.31B was reported versus $7.38B expected and loss per share of $.51, versus earnings of 10 cents per share expected. About 90% of Nike’s phys...

Jun 29, 2020 View Article

Johnson & Johnson To Stop Selling Clean & Clear Fairness & Neutrogena Fine Fairness Lines

As per reports, Johnson & Johnson (JNJ) to stop selling skin whitening creams which are very popular in Asia and the Middle East after such products gained social pressure in recent weeks amid debate about racial inequality globally. The company to stop selling its Clean & Clear Fairness lin...

Jun 22, 2020 View Article

McDonald’s Gears Up For Reopening With $200 Million Advertising Boost

McDonald’s Corporation (MCD) reported a 30% decline in its global sales in the first two months for the current quarter even though lock-down restrictions eased amid the pandemic, allowing the reopening of the majority of its restaurants worldwide. The fast-food giant reported improved demand from...

Jun 18, 2020 View Article

Nike Marks Juneteenth As An An Annual Paid Holiday Going Forward

Reportedly, NIKE, Inc. (NIKE) to recognize Juneteenth as an annual paid holiday for U.S. employees, announced CEO John Donahoe, as per an internal staff memo. In addition, the brand has also launched a diversity education program. Donahoe stated, “Education can play an important role in the fi...

Jun 18, 2020 View Article

Walmart & CVS Pledge to Keep Multicultural Beauty Products Out Of Locked Cabinets

Reportedly, CVS Health Corp along with Walmart Stores, Inc. (WMT) announced to discontinue personal and beauty care products fashioned for people of color in locked display cases after the tradition drew criticism following the death of African American George Floyd last month due to police brutalit...

Jun 17, 2020 View Article

Americans Saying “Let’s Run” During Covid-19 Pandemic Driving Nike, etc. Forward on Shoe Demand

The ongoing COVID-19 pandemic has been pushing the fitness and health enthusiasts to embrace solo fitness endeavors like running a major part of the lifestyle, making the running sneaker industry a winner. The trend caused by the pandemic beats the 2010's, group classes which were the world’s hott...

Jun 09, 2020 View Article

Gillette Promises One-Stop-Shop For All Men With Facial Hair With New King C. Gillette Line

Reportedly, Procter & Gamble Company (PG)'s Gillette announced the launch of its new range of products under the name King C. Gillette, offering a complete range of tools and products for men, helping them to perfect their facial hairstyle and grooming at the ease of their home. The launch meets...

Jun 05, 2020 View Article

Nike Will Release Fiscal Q4 2020 Earnings on Thursday, June 25, 2020

Reportedly, NIKE, Inc. (NIKE) will release its fiscal Q4 2020 earnings on Thursday, June 25, 2020, after the market closes. The company to host a business call at 2:00 p.m. PT to discuss the results, which can be reached live at http://investors.nike.com. An archived version of the call will be avai...

Jun 03, 2020 View Article

Walmart To Expand The Number Of COVID-19 Testing Facilities At Its Parking Lots

Reportedly, Walmart Stores, Inc. (WMT) to continue to expand COVID-19 testing facilities in its store parking lots. “We have got about 180 sites that are doing coronavirus testing today. We just launched a site last week where we can do coronavirus testing at the drive-thru at a neighborhood ma...

May 28, 2020 View Article

The Board of McDonald’s Announces Dates For Quarterly Dividend Payable June 15, 2020

The Board of McDonald’s Corporation (MCD) announced a quarterly dividend of $1.25 per common share payable on June 15, 2020, to shareholders as on June 1, 2020. For more information and updates interested parties can visit the Company's Internet home page at www.investor.mcdonalds.com. McDonald�...

May 28, 2020 View Article

3M & Wrapmate Broaden Relationship

Reportedly, 3M (MMM) and Wrapmate are entering a three-year global collaboration agreement in addition to the initial six-month collaboration that they had announced in September of 2019. The relationship is set to assist businesses to improve their marketability within the signage, print, and vehic...

May 27, 2020 View Article

Home Depot Quarter Earnings Hit By Expanded Worker Benefits And Social Distancing Norms At Stores

As per reports, The Home Depot, Inc. (HD) suspended its 2020 earnings guidance while reporting worse than expected earnings recently, due to high expenses incurred for the well-being of its workers. Home Depot spent $850 million on its expanded worker benefits during the quarter including paid time ...

May 26, 2020 View Article

Walmart Emerges With Strong Quarter Earnings Amid The Coronavirus Pandemic

Walmart Inc (WMT) released quarter earnings this week, beating Wall Street’s estimates. The retailer witnessed sales surge as consumers stocked up on food and essential supplies amid COVID-19 imposed lockdown. The company experienced a surge in demand late in March and early in April like many oth...

May 26, 2020 View Article

Johnson & Johnson’s Baby Powder Will Continue To Be Sold in U.K

Reportedly, healthcare giant Johnson & Johnson (JNJ) to continue selling its talc-based Johnson's Baby Powder in the UK and the rest of the world, after facing ban in the US and Canada. The component talc which is mined from the earth and is found close to that of asbestos, known to cause cance...

May 20, 2020 View Article

Nike Turns The Lights Back On In China & South Korea

As per reports, NIKE, Inc. (NIKE) is stated that they reopening 100% of its company-owned stores and over 95% of its partner stores in China and South Korea. The company stores have remained closed since mid-march to control the spread of COVID-19 and have been relying on the digital space to pull...

May 18, 2020 View Article

Disney Suspends Quarterly Dividend

The Walt Disney Company (DIS) reported quarterly earnings and suspends its dividend payment as coronavirus lockdowns drain businesses of earnings. Updates from the Senior Leadership Team: CFO, Christine McCarthy stated that the company will forgo a July dividend payment to preserve $1.6 billion o...

May 07, 2020 View Article

Procter & Gamble Realizes Quarterly Growth Amid COVID-19 Pandemic But Uncertain On Fiscal 2020 Outlook

The Procter & Gamble Company (PG) reported quarterly earnings last month, riding high on staples like Charmin toilet paper and Bounty paper towels pushing U.S sales up by 10% amid the pandemic, as consumers stock on necessities. The company reported an EPS of $1.17 versus $1.13 expected. Revenue...

May 06, 2020 View Article

McDonald’s Reports Double-Digit Earnings Dip Amid Pandemic -Withdraws Fiscal 2020 Outlook

McDonald’s Corporation (MCD) reported its fiscal first-quarter earnings ending March 31 this week. The company witnessed a 17% decline in earnings caused by the COVID-19 pandemic. Highlights from the release: Adjusted EPS of $1.47 per share and revenue of $4.71 was reported. Net income of...

May 06, 2020 View Article

Verizon Reports Q1 2020 Earnings & Removes Full Year Revenue Outlook

Telecom Giant, Verizon Communications, Inc. (VZ) released first-quarter 2020 earnings recently reporting earnings per share of $1.26, beating analysts’ estimate of $1.22. Total operating revenue of $31.6 billion was recorded, a 1.6% drop from a year earlier. Verizon lost 68,000 phone subscribers ...

May 06, 2020 View Article

3M Records Higher Profits Amid Growing Demand For N95 Masks

Reportedly, global science company 3M (MMM) has been riding high on additional profits due to the huge current demand of its N95 respirator masks during the ongoing Coronavirus pandemic, pushing its stocks up as much as 6%. 3M is the largest maker of masks witnessed a surge as the COVID-19 outbreak ...

Apr 28, 2020 View Article

Travelers Canada Expanding COVID-19 Relief Efforts With Stay-at-Home Auto Premium Credit Program

Reportedly, Travelers Canada, the Canadian division of The Travelers Companies, Inc. (TRV), has announced its new Stay-at-Home Auto Premium Credit Program offering its Canadian personal auto insurance customers a credit of 25% on one month’s premium. For the majority of customers' processing of t...

Apr 24, 2020 View Article

McDonald’s To Offer Meals To First-line Workers

Reportedly, McDonald’s Corporation (MCD) has volunteered to give away free meals to healthcare and first-line workers for the next two weeks starting from April 22 until May 5. "We have been inspired by the way our franchisees have been going above and beyond to support their local communities ...

Apr 22, 2020 View Article

Nike Is Now Making Protective Gear For Hospitals

As per reports, NIKE, Inc. (NIKE) has walked into making protective gear for hospitals including face shields and air-purifying respirator lenses. Nike has further decided to expand the number of protective gear in the coming days, to help protect front-line personnel from COVID-19. The equipment is...

Apr 20, 2020 View Article

Consumer Goods Giant P&G Announcing Q3 Results April 17, Boosting Quarterly Dividend

As per reports, The Procter & Gamble Company (PG) raised its quarterly dividend by 6% and announced that it is releasing its third-quarter results on April 17, earlier than its previously announced schedule of April 21. The consumer goods giant declared a quarterly dividend of 7.907 cents per sh...

Apr 16, 2020 View Article

Nike Names Ohio University Graduate Ann Hebert As VP, GM Of North America Geography

Reportedly, NIKE, Inc. (NIKE) veteran Ann Hebert, Vice President of Global Sales, to become Vice President, General Manager of North America Geography effective June 1 succeeding Tom Peddie, a long time executive retiring from the company. Hebert, graduated from Ohio University before starting her ...

Apr 16, 2020 View Article

Free Laundry Service Offered By P&G To Cincinnati’s First Line COVID-19 Responders

The Procter & Gamble Company (PG), a Dow 30 component, supplies branded consumer packaged goods to consumers across the globe. As per reports, four locations of Procter & Gamble Company's (PG) Tide Cleaners in Greater Cincinnati are offering free laundry services to medical personnel and ...

Apr 14, 2020 View Article

McDonald’s Varied Declining Global Sales Across Markets During The COVID-19 Epidemic

Reportedly, 25 percent of McDonald’s Corporation (MCD) restaurants around the world remain closed due to the ongoing coronavirus crisis as Restaurants are closed in the countries of France, Italy, Spain, and the United Kingdom. However, un the U.S 99 percent of McDonald's restaurants remain open...

Apr 09, 2020 View Article

Walmart To Narrow Number Of Buyers In Stores As Coronavirus Cases Jump

As per reports, Walmart is restricting the number of buyers in stores to encourage social distancing among customers amid the COVID-19 pandemic. The retailer to allow not more than five customers per 1,000 square feet at a given time. The customers to be admitted one by one and monitored by store ...

Apr 07, 2020 View Article

P&G’s Manufacturing Plant In Oxnard, CA Bounces Back After Fire Outbreak

As per reports, Procter & Gamble Company's (PG) 51-year-old manufacturing plant in the production of Charmin toilet paper and Bounty paper towels suffered fire damage on Monday impacting 10% of the huge P&G complex in Oxnard, Calif, but reportedly the workers are getting equipment back to se...

Apr 02, 2020 View Article

Walmart Introduces To Test Store Workers For COVID-19 Before Shifts

Reportedly, Walmart Stores, Inc. (WMT) is set to start taking the temperature of its employees before the start of their shift along with basic health-related screening questions as to safety measures amid the rapidly growing Coronavirus. The company plans to send infrared thermometers to all locati...

Apr 01, 2020 View Article

Walgreens Increases On-Demand Delivery Services Across Stores With Postmates Amid COVID-19 Pandemic

As per reports, Walgreen Boots Alliance (WBA) has partnered with Postmates to address the rising need for home delivery nationwide amid the coronavirus outbreak. Consumers can now get health and wellness items including some OTC products medications, household essentials from more than 7,000 Walg...

Mar 31, 2020 View Article

McDonald’s Drops Stock Buybacks Amid Coronavirus Outbreak

As per reports, McDonald’s Corporation (MCD) has suspended share buybacks to sail through the coronavirus crisis but its dividend policy has remained unchanged, stated Chief Executive Officer Chris Kempczinski to CNBC. This year in January, McDonald's declared a quarterly cash dividend of $1.25 p...

Mar 24, 2020 View Article

Procter & Gamble’s Vicks Contributes $1M Funding To Assist Front Line Health Workers of COVID-19

The Procter & Gamble Company (PG)'s Vicks® family of cold and flu brands – NyQuil™, DayQuil™ and VapoRub™ are donating $1 million to Direct Relief, a humanitarian aid organization aiming to improve the health and lives of people affected by poverty or emergencies, including COVID-19. T...

Mar 24, 2020 View Article

Disney Delays Launch Of Its Streaming Service Disney+ Launch In Europe

Dow 30 Component, The Walt Disney Company (DIS), and its subsidiaries is a diversified worldwide entertainment company that operates in four business segments: Studio Entertainment, Media Networks, Parks and Resorts, and Consumer Products & Interactive Media. Reportedly, The Walt Disney Com...

Mar 24, 2020 View Article

McDonald’s In Talks To Add Measures To Support Franchisees Amid The Coronavirus

As per reports, fast-food giant McDonald’s is considering rent deferral and other steps to secure liquidity at its franchisees around the world amid the limitations imposed on dine-in restaurants to promote social distancing to control the spread of COVID-19. "At this time, neither the duration...

Mar 18, 2020 View Article

Walmart & The Walmart Foundation Allocates $25M To Support Global Coronavirus Efforts

As per reports, Walmart and the Walmart Foundation have come forward with $25M in aid to support organizations working towards the coronavirus outbreak. "In times of need, we see communities come together to do extraordinary things. This pandemic is no different. We are humbled by the efforts o...

Mar 18, 2020 View Article

Nike Announces Closure Of All U.S. Stores In Coordination With Social Distancing COVID-19 Efforts

As per reports, NIKE, Inc. (NIKE) is set to close all its Nike-owned stores in multiple countries around the world from March 16 through March 27, including in the United States, Western Europe, Canada, Australia, and New Zealand to control the spread of COVID-19. The customers can continue shoppin...

Mar 16, 2020 View Article

Disney Announces Release Of “Frozen 2” On Disney+ Today!

Dow 30 Component, The Walt Disney Company (DIS), and its subsidiaries is a diversified worldwide entertainment company that operates in four business segments: Studio Entertainment, Media Networks, Parks and Resorts, and Consumer Products & Interactive Media. Reportedly, Disney is set to rele...

Mar 14, 2020 View Article

Walmart To Enforce Emergency Leave Policy After Cynthiana, Kentucky Associate Tests Positive For Coronavirus

Walmart Stores, Inc. (WMT) is a worldwide retailer that operates in various formats. The three segments of the company include Walmart U.S., Walmart International, and Sam’s Club. The company is comprised of discount stores, supermarkets, supercenters, hypermarkets, warehouse clubs, cash and carry...

Mar 12, 2020 View Article

Walgreens Issues Statement In Fight Against Organized Retail Crime (ORC)

Walgreen Boots Alliance (WBA) is a pharmacy-led, health and well-being enterprise with a long history of trusted healthcare services, community pharmacy care, and pharmaceutical wholesaling dates. Alex Gourlay, co-chief operating officer, Walgreens Boots Alliance, Inc issued a statement in support ...

Mar 12, 2020 View Article

P&G Seeks to Offer Relief To Victims Affected Recent Tennessee Tornadoes

The Procter & Gamble Company (PG), a Dow 30 component, supplies branded consumer packaged goods to consumers across the globe. Reportedly, P&G will be distributing free personal care kits with everyday essentials, home care needs, as well as, cleaning supplies to the tornado affected area...

Mar 10, 2020 View Article

3M Relies On Regional Suppliers To Meet The Growing Demand For Masks Amid Coronavirus Outbreak

Coronavirus has taken the lives of more than 3,200 people and has reached more than 80 nations & increasing the demand for medical supplies like face masks and sanitizers due to huge demand from citizens all over. As per the Reuters report, 3M (MMM) has ramped up testing and production of its ...

Mar 09, 2020 View Article

Walmart Intends To Hire 700 In Phoenix Area

Walmart Stores, Inc. (WMT) is a worldwide retailer that operates in various formats. The three segments of the company include Walmart U.S., Walmart International, and Sam’s Club. The company is comprised of discount stores, supermarkets, supercenters, hypermarkets, warehouse clubs, cash and carry...

Mar 04, 2020 View Article

Tokyo Disneyland Announces Two Week Closure Over Coronavirus Concerns

Dow 30 Component, The Walt Disney Company (DIS), and its subsidiaries is a diversified worldwide entertainment company that operates in four business segments: Studio Entertainment, Media Networks, Parks and Resorts, and Consumer Products & Interactive Media. Reportedly, Tokyo Disneyland is s...

Mar 01, 2020 View Article

Disney’s Robert Iger Steps Down – Bob Chapek Takes Control As Seventh CEO

Dow 30 Component, The Walt Disney Company (DIS), and its subsidiaries is a diversified worldwide entertainment company that operates in four business segments: Studio Entertainment, Media Networks, Parks and Resorts, and Consumer Products & Interactive Media. As per reports, Robert Iger to st...

Feb 28, 2020 View Article

P&G Honors Six Brand-Building External Partners

The Procter & Gamble Company (PG), a Dow 30 component, supplies branded consumer packaged goods to consumers across the globe. Procter & Gamble recognized six brand-building external partners with Agency Excellence Awards for exceptional partnership and work over past years. The evaluat...

Feb 28, 2020 View Article

Procter & Gamble Raises Earnings Concern Over Coronavirus Outbreak

The Procter & Gamble Company (PG), a Dow 30 component, supplies branded consumer packaged goods to consumers across the globe. Reportedly, Procter & Gamble stated that its current-quarter revenue and profit are expected to be affected due to coronavirus outbreak in China causing disru...

Feb 21, 2020 View Article

Home Depot To Hire 80k Part-Time Associates For 1,988 U.S. Stores Ahead Of Spring Season

The Home Depot, Inc. (HD) is the world’s largest home improvement retailer with retail stores all across North America. The Home Depot sells building materials and home improvement products, as well as lawn and garden supplies, and provides installation, home maintenance, and professional service ...

Feb 20, 2020 View Article

Walmart Falls Short Of Earnings For The Holiday Quarter

Walmart Stores, Inc. (WMT) is a worldwide retailer that operates in various formats. The three segments of the company include Walmart U.S., Walmart International, and Sam’s Club. The company is comprised of discount stores, supermarkets, supercenters, hypermarkets, warehouse clubs, cash and carry...

Feb 20, 2020 View Article

McDonald’s, Starbucks, Etc. Gearing Up For ‘Contactless’ Pickup In China

McDonald’s Corporation (MCD) is the leading global foodservice retailer with nearly 37,000 locations in over 100 countries. The Corporation operates and franchises McDonald’s restaurants in the US and across the globe with over 90% of its restaurants owned and operated by local, independent busi...

Feb 20, 2020 View Article

Nike Announces $.245 Quarterly Dividend Payable on April 1, 2020

NIKE, Inc. (NIKE) is the world’s top designer, marketer, and distributor of athletic footwear, equipment, apparel, and accessories. The Beaverton, Oregon based company offers products for a wide variety of sports and fitness activities. As per reports, Nike announced a quarterly cash dividend of ...

Feb 15, 2020 View Article

The Home Depot’s Exec. VP Of Merchandising Ted Decker Presenting At Raymond James Institutional Investors Conference In March

The Home Depot, Inc. (HD) is the world’s largest home improvement retailer with retail stores all across North America. The Home Depot sells building materials and home improvement products, as well as lawn and garden supplies, and provides installation, home maintenance, and professional service ...

Feb 10, 2020 View Article

Verizon Reports Mixed Q4 Results

Telecom Giant, Verizon Communications, Inc. (VZ) released its Q4 earnings on Thursday declaring mixed results. It reported adjusted earnings of $1.13 a share, while revenue rose by 1.4% to $34.8 billion in comparison to analysts’ estimates of earnings of $1.14 a share and revenue of $34.52 billion...

Feb 05, 2020 View Article

Travelers Discusses The Future Of Insurance & Autonomous Vehicles

Dow 30 component, The Travelers Companies, Inc. (TRV) is an insurance provider of property-casualty insurance for home, auto, and business. As per reports, Travelers hosted an event at its Hartford, Connecticut office to discuss the emergence of autonomous vehicles and their effects on the insuranc...

Feb 02, 2020 View Article

McDonald’s Releases Earnings, Beats Wall Street Estimates

McDonald’s Corporation (MCD) is the leading global foodservice retailer with nearly 37,000 locations in over 100 countries. The Corporation operates and franchises McDonald’s restaurants in the US and across the globe with over 90% of its restaurants owned and operated by local, independent busi...

Feb 01, 2020 View Article

Walgreens Lends Support To Puerto Rico After The Region Wrestles With Earthquake Aftermath

Walgreen Boots Alliance (WBA) is a pharmacy-led, health and wellbeing enterprise with a long history of trusted healthcare services, community pharmacy care, and pharmaceutical wholesaling dates. Reportedly, Walgreens is providing aid and supporting community efforts in Puerto Rico after the region...

Feb 01, 2020 View Article

CROC Defers Launching Of Strike Against Home Depot

The Home Depot, Inc. (HD) is the world’s largest home improvement retailer with retail stores all across North America. The Home Depot sells building materials and home improvement products, as well as lawn and garden supplies, and provides installation, home maintenance, and professional service ...

Jan 31, 2020 View Article

Walmart Invites Changes In Its Executive Team After 2019 Holiday Season

As per reports, Walmart (WMT) is shuffling its executive team after the 2019 holiday season. According to an internal memo of the company the company’s chief merchant Steve Bratspies is set to depart and will be replaced by Scott McCall. All of the changes are effective Feb 1, as per the memo. ...

Jan 30, 2020 View Article

Walmart India Fires More Than 50 Executives

Walmart Stores, Inc. (WMT) is a worldwide retailer that operates in various formats. The three segments of the company include Walmart U.S., Walmart International, and Sam’s Club. The company is comprised of discount stores, supermarkets, supercenters, hypermarkets, warehouse clubs, cash and carry...

Jan 30, 2020 View Article

Citic Looking For Buyers To Sell Its Stake In McDonald’s China For $300M

McDonald’s Corporation (MCD) is the leading global foodservice retailer with nearly 37,000 locations in over 100 countries. The Corporation operates and franchises McDonald’s restaurants in the US and across the globe with over 90% of its restaurants owned and operated by local, independent busi...

Jan 30, 2020 View Article

Travelers Beats Flying High On Premiums & Strong Underwriting

Dow 30 component, The Travelers Companies, Inc. (TRV) is an insurance provider of property-casualty insurance for home, auto, and business. Travelers released quarterly earnings reports last Thursday which moved higher on the shoulders of the increased premiums and strong underwriting. The Company�...

Jan 29, 2020 View Article

P&G Reports Mixed Results But Raised Fiscal 2020 forecast

The Procter & Gamble Company (PG), a Dow 30 component, supplies branded consumer packaged goods to consumers across the globe. Procter & Gamble is making a return to CES 2020 scheduled to showcase cutting-edge technologies promising to transform the consumer experience with innovative pro...

Jan 26, 2020 View Article

Nike’s So-called Super-Shoe Gains Limelight At Japan’s Road Races

NIKE, Inc. (NIKE) is the world’s top designer, marketer, and distributor of athletic footwear, equipment, apparel, and accessories. The Beaverton, Oregon based company offers products for a wide variety of sports and fitness activities. Reportedly, Nike's Vaporfly Next% sneakers or so-called supe...

Jan 09, 2020 View Article

P&G Exhibiting Promising New Technology Aimed At Elevating Consumer Experiences At CES2020

The Procter & Gamble Company (PG), a Dow 30 component, supplies branded consumer packaged goods to consumers across the globe. Procter & Gamble is making a return to CES 2020 scheduled to showcase cutting-edge technologies promising to transform the consumer experience with innovative pro...

Jan 07, 2020 View Article

Walmart To Exclusively Launch New Atvio Roku TV Lineup in Its Mexican Stores

Walmart Stores, Inc. (WMT) is a worldwide retailer that operates in various formats. The three segments of the company include Walmart U.S., Walmart International, and Sam’s Club. The company is comprised of discount stores, supermarkets, supercenters, hypermarkets, warehouse clubs, cash and carry...

Dec 29, 2019 View Article

Did Faulty Drinks Machine Cause The Deaths At A McDonald’s In Peru?

McDonald’s Corporation (MCD) is the leading global foodservice retailer with nearly 37,000 locations in over 100 countries. The Corporation operates and franchises McDonald’s restaurants in the US and across the globe with over 90% of its restaurants owned and operated by local, independent busi...

Dec 24, 2019 View Article

New York Life Set To Acquire A Cigna Subsidiary For $6.3B

Reportedly, New York Life is set to acquire Cigna's life and disability business in a definitive agreement for $6.3B. The deal is expected to be completed in Q3 2020 and is subject to regulatory approvals and conditions. Cigna expects to realize $5.3N approximately of net after-tax proceeds from t...

Dec 21, 2019 View Article

Disney+ To Debut On Vivendi SA’s Canal+ Pay-TV Platform March 2020

Dow 30 Component, The Walt Disney Company (DIS), and its subsidiaries is a diversified worldwide entertainment company that operates in four business segments: Studio Entertainment, Media Networks, Parks and Resorts, and Consumer Products & Interactive Media. As per reports, Walt Disney is se...

Dec 17, 2019 View Article

Walgreens Boots Alliance Enters Joint Venture With McKesson

Walgreen Boots Alliance (WBA) is a pharmacy-led, health and wellbeing enterprise with a long history of trusted healthcare services, community pharmacy care, and pharmaceutical wholesaling dates. Reportedly, Walgreens Boots Alliance and McKesson Corporation are entering into a joint venture to merg...

Dec 16, 2019 View Article

Walmart De Mexico Reports Biggest Monthly Sales Gain In November

Walmart Stores, Inc. (WMT) is a worldwide retailer that operates in various formats. The three segments of the company include Walmart U.S., Walmart International, and Sam’s Club. The company is comprised of discount stores, supermarkets, supercenters, hypermarkets, warehouse clubs, cash and carry...

Dec 10, 2019 View Article

Nike Increasing Its Adaptive Clothing Offering

NIKE, Inc. (NIKE) is the world’s top designer, marketer, and distributor of athletic footwear, equipment, apparel, and accessories. The Beaverton, Oregon based company offers products for a wide variety of sports and fitness activities. Reportedly, Nike is increasing its offering of adaptive clot...

Dec 10, 2019 View Article

Home Depot On The Hunt For Warehouse Space In Rotterdam, NY

The Home Depot, Inc. (HD) is the world’s largest home improvement retailer with retail stores all across North America. The Home Depot sells building materials and home improvement products, as well as lawn and garden supplies, and provides installation, home maintenance, and professional service ...

Dec 05, 2019 View Article

Walmart’s CEO Doug McMillon To Present At Barclays in NYC on Dec. 4th

Walmart Stores, Inc. (WMT) is a worldwide retailer that operates in various formats. The three segments of the company include Walmart U.S., Walmart International, and Sam’s Club. The company is comprised of discount stores, supermarkets, supercenters, hypermarkets, warehouse clubs, cash and carry...

Dec 03, 2019 View Article

Home Depot To Host 2019 Investor & Analyst Conference Dec. 11

The Home Depot, Inc. (HD) is the world’s largest home improvement retailer with retail stores all across North America. The Home Depot sells building materials and home improvement products, as well as lawn and garden supplies, and provides installation, home maintenance, and professional service ...

Dec 02, 2019 View Article

PayPal Acquiring LA’s Honey Science For ~$4 Billion

This week, PayPal Holdings, Inc. (PYPL) announced that it is acquiring Honey Science Corporation for approximately $4 billion, as per reports. Honey Science is a fast-growing technology platform for shopping and rewards, and along with PayPal’s two-sided network both the companies aim to transform...

Nov 23, 2019 View Article

Coca-Cola To Promote Plastic-Free Environment With Fully Recyclable Paperboard KeelClip Across Europe

Dow 30 Component, The Coca-Cola Company (KO), is the largest total beverage company in the world. It offers 500 plus brands in over 200 countries and is committed to reducing sugar in its drinks and providing new and diverse drinks to people everywhere. As per reports, Coca-Cola along with its stra...

Nov 22, 2019 View Article

The Home Depot Cuts 2019 Sales Forecast

The Home Depot, Inc. (HD) is the world’s largest home improvement retailer with retail stores all across North America. The Home Depot sells building materials and home improvement products, as well as lawn and garden supplies, and provides installation, home maintenance, and professional service ...

Nov 20, 2019 View Article

McDonald’s Sued Over “Prevalent Sexual Misconduct” In Michigan

McDonald’s Corporation (MCD) is the leading global foodservice retailer with nearly 37,000 locations in over 100 countries. The Corporation operates and franchises McDonald’s restaurants in the US and across the globe with over 90% of its restaurants owned and operated by local, independent busi...

Nov 19, 2019 View Article

Walmart Welcomes Greater E-Commerce Growth In Q3

Walmart Stores, Inc. (WMT) is a worldwide retailer that operates in various formats. The three segments of the company include Walmart U.S., Walmart International, and Sam’s Club. The company is comprised of discount stores, supermarkets, supercenters, hypermarkets, warehouse clubs, cash and carry...

Nov 17, 2019 View Article

Disney Confirms Initial Strong Demand For Its New Streaming Service Disney+

Dow 30 Component, The Walt Disney Company (DIS), and its subsidiaries is a diversified worldwide entertainment company that operates in four business segments: Studio Entertainment, Media Networks, Parks and Resorts, and Consumer Products & Interactive Media. Reportedly, Walt Disney’s strea...

Nov 15, 2019 View Article

Anheuser-Busch Purchases Remaining Shares of Portland’s Craft Brew Alliance

The Portland-based brewing company, Craft Brew Alliance (“CBA”), creator of world-class craft beers, and Anheuser-Busch (“A-B”) have entered into an agreement that carries on from their successful 25-year old partnership. Anheuser-Busch will also purchase the remaining Craft Brew Alliance sh...

Nov 14, 2019 View Article

Walmart’s CFO, Brett Biggs Presenting At Stephens 2019 Nashville Investment Conference Nov. 15th

Walmart Stores, Inc. (WMT) is a worldwide retailer that operates in various formats. The three segments of the company include Walmart U.S., Walmart International, and Sam’s Club. The company is comprised of discount stores, supermarkets, supercenters, hypermarkets, warehouse clubs, cash and carry...

Nov 11, 2019 View Article

P&G Pledges To Involve Only Female Music Artists For Its Secret Dry Sprays Product Ads

The Procter & Gamble Company (PG), a Dow 30 component, supplies branded consumer packaged goods to consumers across the globe. Procter & Gamble recently announced that all the future advertising campaigns for the secret deodorant brand to feature and include only females including singers...

Nov 06, 2019 View Article

Disney Unveils New Attractions At Its Magic Kingdom Park

Dow 30 Component, The Walt Disney Company (DIS), and its subsidiaries is a diversified worldwide entertainment company that operates in four business segments: Studio Entertainment, Media Networks, Parks and Resorts, and Consumer Products & Interactive Media. Reportedly, Walt Disney World is ...

Nov 05, 2019 View Article

P&G Pushing Environment Friendly Refills

The Procter & Gamble Company (PG), a Dow 30 component, supplies branded consumer packaged goods to consumers across the globe. As an initiative to reduce environmental waste from the use of single-use containers retail giants, Procter & Gamble Co, Unilever, and The Body Shop are offerin...

Nov 05, 2019 View Article

Chris Kempczinski Takes The Reins at McDonald’s

Reportedly, Chris Kempczinski has taken the reins at McDonald’s replacing Steve Easterbrook as the company’s new CEO. On Sunday reportedly Easterbrook was ousted after a recent "consensual relationship" with an employee was disclosed. Kempczinski, an MBA graduate from Harvard Business School co...

Nov 04, 2019 View Article

Verizon Rides Highly In Third Quarter on Back Of Postpaid Wireless Customer Additions

On Friday, Verizon Wireless announced its third-quarter earnings beating analysts’ estimates. The telecom giant reported revenue of $32.9 billion versus $32.7 billion expected with adjusted EPS of $1.25 versus $1.24 expected. 601,00 postpaid wireless customer additions were recorded, almost double...

Oct 28, 2019 View Article

Former Ebay Chief John Donahoe Set To Take Over As CEO of Nike

NIKE, Inc. (NIKE) is the world’s top designer, marketer, and distributor of athletic footwear, equipment, apparel, and accessories. The Beaverton, Oregon based company offers products for a wide variety of sports and fitness activities. Reportedly, John Donahoe, a member of Nike’s board since 2...

Oct 28, 2019 View Article

Consumer Goods Giant P&G Report Exceeds Wall Street Q1 Expectations

The Procter & Gamble Company (PG), a Dow 30 component, supplies branded consumer packaged goods to consumers across the globe. Consumer goods giant P&G reported its Q1 earnings ending Sep 30 on Tuesday, exceeding expectations. The quarter saw revenue of $17.80 billion versus $17.42 bill...

Oct 24, 2019 View Article

McDonalds Reports Q3 Missing Wall Street Expectations

McDonald’s Corporation (MCD) is the leading global foodservice retailer with nearly 37,000 locations in over 100 countries. The Corporation operates and franchises McDonald’s restaurants in the US and across the globe with over 90% of its restaurants owned and operated by local, independent busi...

Oct 24, 2019 View Article

Walmart Offloading British Subsidiary’s Retirement Plan For $2.2B Pretax Charge

Walmart Stores, Inc. (WMT) is a worldwide retailer that operates in various formats. The three segments of the company include Walmart U.S., Walmart International, and Sam’s Club. The company is comprised of discount stores, supermarkets, supercenters, hypermarkets, warehouse clubs, cash and carry...

Oct 23, 2019 View Article

Coca-Cola Reports Strong Q3 Results

Dow 30 Component, The Coca-Cola Company (KO), is the largest total beverage company in the world. It offers 500 plus brands in over 200 countries and is committed to reducing sugar in its drinks and providing new and diverse drinks to people everywhere. Coca-Cola released its Q3 revenue report last...

Oct 21, 2019 View Article

Netflix Due To Report Earnings After Wednesday’s Closing Bell

Wall Street analysts are expecting that streaming giant Netflix (NFLX) will report Q3 adjusted earnings of $1.23/share on $5.25B in revenues when they report post the closing bell on Wednesday. The competitive landscape or minefield has weighed heavily on many invested in Netflix. Disney (DIS), App...

Oct 15, 2019 View Article

Johnson & Johnson Comes to $10M Settlement In Ohio

Reportedly, JJohnson & Johnson (JNJ) along with its Janssen Pharmaceutical Companies have entered a settlement agreement with the Ohio counties of Cuyahoga and Summit settling all the claims for a combined payment of $10 million with no further admission of liability. The settlement has also rem...

Oct 03, 2019 View Article

World’s Largest Consumer Goods Companies To Miss Deforestation Goals For 2020

Reportedly, the world's two largest consumer goods companies Procter & Gamble Co and Nestle SA have confirmed that they are falling short of targets to achieve zero deforestation goals by 2020, an initiative where products which contribute to deforestation are discouraged by the companies. P&...

Oct 02, 2019 View Article

McDonald’s To Test Its New Plant-Based Burger “The PLT” In Canada

McDonald’s Corporation (MCD) to conduct a 12-week test for its new plant-based burger consisting of Plant, Lettuce, and Tomato (PLT) with no artificial colors, flavors, or preservatives in 28 restaurants in Southwestern Ontario from September 30. The P.L.T. to be priced at $6.49 CAD plus tax and w...

Sep 30, 2019 View Article

Nike Beats Earnings Estimates Q1 Fiscal 2020

NIKE, Inc. (NIKE) is the world’s top designer, marketer, and distributor of athletic footwear, equipment, apparel, and accessories. The Beaverton, Oregon based company offers products for a wide variety of sports and fitness activities. Nike reported its quarterly earnings for the first quarter...

Sep 25, 2019 View Article

Travelers Gains Approval From High Court of England and Wales for Insurance Business Transfer

Dow 30 component, The Travelers Companies, Inc. (TRV) is an insurance provider of property-casualty insurance for home, auto, and business. Reportedly, Travelers has recently received approval from the High Court of England and Wales for insurance business transfer under Part VII of the Financial S...

Sep 24, 2019 View Article

Walmart To Drop E-Cigarettes From Its Shelves

Walmart Stores, Inc. (WMT) to stop selling e-cigarettes and electronic nicotine delivery products at its U.S. stores, according to Reuters report and as mentioned in an internal memo of the company. Growing and Unmonitored usage of vaping products among teenagers has been a major cause of health co...

Sep 24, 2019 View Article

Walmart & Capital One To Introduce Combined Retail Credit Card Program

Capital One & Walmart Stores, Inc. (WMT) are now launching the Capital One Walmart Rewards Credit Card Program with two new credit cards rewarding customers for shopping at Walmart and other places where the card is accepted. The program's signature card, the Capital One Walmart Rewards Maste...

Sep 20, 2019 View Article

Walmart Adding New Jobs At Johnstown Distribution Center

Walmart is reportedly adding 80 jobs at its Johnstown distribution center this fall, as the grocery business soars throughout New York state. Currently, the 1 million-square-foot distribution center employs 750 forklift operators, order fillers and support staff supplying food and non-perishable goo...

Sep 20, 2019 View Article

P&G Launches “Smart Lab” At University of Illinois Research Park

Reportedly, The Procter & Gamble Company (PG) has come up with its first "Smart Lab" in association with the University of Illinois Research Park to speed up research and development. The initiative is proposed to bring together students and P&G employees and speed up the execution of rese...

Sep 11, 2019 View Article

NYC Big Mac Lovers Can Now Get Them Delivered

Big Mac lovers in New York City can now place orders via Grubhub as food giant Mc Donald’s has partnered with Grubhub offering services across restaurants in NYC and Tri-State Area. Grubhub, a Chicago-based online food delivery company promises diners food hot and fresh as possible. Earlier, Mc ...

Sep 09, 2019 View Article

J&J Charged With Penalty Of $572 Million By Oklahoma Court Over Opioid Crisis

Reportedly, Johnson & Johnson (JNJ) along with its subsidiaries have been charged with a penalty of $572 million for fueling the opioid crisis in the state of Oklahoma by Thad Balkman, Cleveland County District Judge on Monday. "The opioid crisis has ravaged the state of Oklahoma,". "It mus...

Aug 28, 2019 View Article

The Simply Good Foods & Quest Nutrition Combining For Healthy Offering

Reportedly, the Simply Good Foods Company and Quest Nutrition, LLC have entered in a definitive agreement where Simply Good Foods is set to acquire Quest on a cash-free and a debt-free basis for $1.0 billion in cash, or $870 million net of tax benefits. The transaction which is expected to close t...

Aug 26, 2019 View Article

Walmart Earnings Beat Q2 Estimates

Recently, Wal-mart Stores, Inc. (WMT) reported their Q2 earnings ending 31st July, beating analysts’ expectations. Here are some highlights: 1. Adjusted Earnings per share of $1.27 reported vs $1.22 expected. 2. An increase of 1.8% at $130.38 billion in revenue was reported vs. $130.11 billio...

Aug 22, 2019 View Article

Global Private Equity Firm Advent Dropping Walmart Name From Brazilian Markets

Founded in 1984, Advent International is one of the largest and most experienced global private equity firms. With offices on four continents, we have established a globally integrated team of more than 195 investment professionals, focused on buyouts and growth equity investments in five core sec...

Aug 12, 2019 View Article

Coca-Cola Set To Introduce Energy Drink Globally

Dow 30 Component, The Coca-Cola Company (KO), is the largest total beverage company in the world. It offers 500 plus brands in over 200 countries and is committed to reducing sugar in its drinks and providing new and diverse drinks to people everywhere. Reportedly, Coca-Cola has been granted ...

Jul 15, 2019 View Article

P&G Withdraws Gillette Venus Simply3 Razors

The Procter & Gamble Company (PG) recently announced the withdrawal of Gillette Venus Simply3 razors that was reportedly due to a misalignment of the blades leading to the risk of cuts during usage. The withdrawal applies to 87,000 of the disposable razors sold in the United States and 2,700...

Jul 09, 2019 View Article

Women’s World Cup Excitement Scores Record Soccer Jersey Sales for Nike

Reportedly, the U.S. women's national soccer jersey is breaking record sales on Nike’s website with nearly, two-thirds of the teams sported Nike kits at the start of the tournament that has been hosted by France. The soccer jersey is priced at $90 on the Nike website this is no laughing matter...

Jul 04, 2019 View Article

Walmart To Relist Its Japan Based Chain Seiyu

Wal-mart Stores, Inc. (WMT) is a worldwide retailer that operates in various formats. The three segments of the company include Wal-mart U.S., Wal-mart International, and Sam’s Club. The company is comprised of discount stores, supermarkets, supercenters, hypermarkets, warehouse clubs, cash an...

Jul 01, 2019 View Article

Walmart To Relist Its Japan Based Chain Seiyu

Wal-mart Stores, Inc. (WMT) is a worldwide retailer that operates in various formats. The three segments of the company include Wal-mart U.S., Wal-mart International, and Sam’s Club. The company is comprised of discount stores, supermarkets, supercenters, hypermarkets, warehouse clubs, cash an...

Jun 29, 2019 View Article

P&G Forms Alliance Stressing Safe & Responsible Media Content

The Procter & Gamble Company (PG) along with 16 world’s leading advertisers and in collaboration with ad agencies, media companies, and social media platforms formed an alliance raising concerns about responsible media content and brand safety. The movement expects to oppose fake, corrupt,...

Jun 27, 2019 View Article

The New York Jury Awards $325 Million To Couple from J&J For Asbestos Exposure

As per reports, St. Louis-based mesothelioma law firm of Maune Raichle Hartley French & Mudd representing Donna and Robert Olson on their claim of lifetime exposure to asbestos causing terminal mesothelioma due to the usage of Johnson’s Baby Powder and Shower won a $325 million award in New ...

Jun 09, 2019 View Article

Why is Walmart Shuttering E-commerce Operations In Brasil?

It was reported recently that Walmart Brasil will close down its e-commerce operations in Brazil and concentrate more on its wholesale business as the country is slowly moving out from a severe recession. Walmart launched its e-commerce business in Brazil in 2011 and by 2017 direct sales were di...

May 14, 2019 View Article

Walmart Expands Veterinary Care Offering By 100 Clinics

It is good news for pet owners as Walmart is set to launch 100 veterinary clinics in its stores over a span of 12 months adding to the list of 21 existing operational clinics. The clinics to provide vaccines and assist in basic health and care needs of pets. In addition to the above clinics, the m...

May 10, 2019 View Article

Will Amazon Offer FREE One-Day Shipping To Over 100 Million Subscribers?

As it announced a very impressive earnings report for the first quarter, Amazon (AMZN) also revealed that it is working on offering Prime members free one-day shipping on many items instead of the two-day shipping that it currently touts. As of Amazon's last update in the first quarter of 2018, Pr...

May 01, 2019 View Article

Did Johnson & Johnson’s Shampoo Fail A Quality Test By The Indian Organization?

Dow 30 component Johnson & Johnson (JNJ) is a worldwide healthcare focused company that embraces research and science so that it can provide customers with innovative ideas, products, and services. A Reuters story reported that a quality test conducted by The Rajasthan Drugs Control Organisat...

Apr 02, 2019 View Article

Will Walmart & Google Convince Consumers To Order By Voice?

Wal-mart Stores, Inc. (WMT) is a worldwide retailer that operates in various formats. The three segments of the company include Wal-mart U.S., Wal-mart International, and Sam’s Club. The company is comprised of discount stores, supermarkets, supercenters, hypermarkets, warehouse clubs, cash and ...

Apr 02, 2019 View Article

Walgreens Joining CVS Entry In CBD Market

Walgreen Boots Alliance (WBA), a recent addition to the Dow 30, is a pharmacy-led, health and wellbeing enterprise with a long history of trusted healthcare services, community pharmacy care, and pharmaceutical wholesaling dates. Walgreen announced this week that it is launching CBD products in t...

Mar 29, 2019 View Article

Procter & Gamble Moves Forward With “Home made simple” Products

Procter & Gamble (PG) supplies branded consumer packaged goods to consumers across the globe. P&G launches its affordable plant-based products prepared with 95% plant-derived ingredients. It includes hand soap, dish soap, multipurpose cleaner, laundry detergent, and fabric softener. These...

Mar 29, 2019 View Article

$300 Million Tech (“AI-Powered”) Acquisition for McDonald’s

McDonald’s Corporation (MCD) is the leading global foodservice retailer with nearly 37,000 locations in over 100 countries. The Corporation operates and franchises McDonald’s restaurants in the US and across the globe with over 90% of its restaurants owned and operated by local, independent bu...

Mar 29, 2019 View Article

San Francisco Bay Area’s 2019 Tech IPO Market Poised To Produce Riches & Real Estate Buyers

An increase in millionaires by the thousands is expected to come later this year as several big-name tech companies go public. Employees of the companies, including Uber, Lyft, Airbnb, and Pinterest among others, are to set to be major beneficiaries of the currently "open for business" IPO market...

Mar 12, 2019 View Article

Kristen Bell & Dax Shepard Launch Walmart Baby Line of Premium Products at Non-Premium Prices

Wal-mart Stores, Inc. (WMT) is a worldwide retailer that operates in various formats. The three segments of the company include Wal-mart U.S., Wal-mart International, and Sam’s Club. The company is comprised of discount stores, supermarkets, supercenters, hypermarkets, warehouse clubs, cas...

Feb 27, 2019 View Article

Tyler Haney’s “Outdoor Voices” Shaking Up the Athletic Apparel Scene in New Chicago Store

In a retail category full of giants that include the likes of Nike, Under Armour, and Adidas, the growing women's and men's athletics apparel company Outdoor Voices has landed and put roots now in the Windy City. Outdoor Voices, based out of Austin, Texas and founded in 2014 in New York City, uses...

Jan 06, 2019 View Article