Consumer Goods & Trends
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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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$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
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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
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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
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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
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