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AmEx Global Business Travel Announces $5.3B SPAC Deal With Apollo Global -$ASGC $GBTG

Reportedly, American Express Global Business Travel has announced to merge into with Apollo Global Management Inc. backed blank-check firm or SPAC to go public in a deal valued at around $5.3 billion. The deal with Apollo Strategic Growth Capital (ASGC) is expected to deliver gross proceeds of up to...

Dec 06, 2021 View Article

U.S. District Judge Rejects Byron Allen’s $10B Discrimination Lawsuit Against McDonald’s

Reportedly, a U.S. judge has dismissed a $10 billion lawsuit against McDonald’s Corporation (MCD) by the media entrepreneur Byron Allen, who claimed the burger giant of racial discrimination for not advertising with Black-owned media outlets. U.S. District Judge Fernando Olguin in Los Angeles info...

Dec 05, 2021 View Article

Wall Street, Goldman Sachs, BofA Finance Epidermolysis Bullosa (EB) Research – $KRYS $INM

What is epidermolysis bullosa (EB)? Epidermolysis bullosa, or EB, is a rare genetic skin disease characterized by fragile skin that can lead to extensive blistering and wounding. It is a painful and often debilitating disease that affects skin and mucous membranes, particularly of the gas...

Dec 03, 2021 View Article

Portland’s Susan Arnold Named As The New Chairman Of The Board – Walt Disney Co.

Reportedly, Portland-based Susan Arnold, has been appointed as the new chairman of the board, the Walt Disney Company (DIS) succeeding Bob Iger, becoming the first woman to be named to the role in its 98-year-long history. Arnold was serving on the board for 14 years and will succeed on Dec. 31. ...

Dec 02, 2021 View Article

P&G Voluntarily Recalls Specific Old Spice & Secret Aerosol Spray Antiperspirant Products After Detection Of Benzene

As per reports, the Procter & Gamble Company (PG) has voluntarily recalled all lots of specific Secret aerosol spray antiperspirant products and Old Spice sold in Canada, due to the presence of cancer-causing benzene. Exposure to benzene can occur orally, by inhalation, and through the skin that...

Dec 01, 2021 View Article

The U.S Federal Communications Commission Approves +$6B Verizon & TracFone Wireless Deal

Reportedly, the U.S. Federal Communications Commission has approved Verizon Communications, Inc. (VZ) more than $6 billion acquisition of pre-paid mobile phones provider TracFone Wireless, following the California Public Utilities Commission's approval of the deal last week. FCC informed the requ...

Nov 30, 2021 View Article

Disney’s Thanksgiving Release “Encanto” Brings A Relief To Box Office Sales

Reportedly, Walt Disney Company (DIS) has regained its rightful place at the top of Thanksgiving box office charts with "Encanto," its new animated musical fable, with $40 million in sales. Disney releases a family-friendly movie around Turkey Day, and "Encanto," an animated movie with critical accl...

Nov 30, 2021 View Article

Mandatory Covid-19 Vaccination Policy Currently Under Review At Disney World

Reportedly, Disney World near Florida, Orlando operated by Walt Disney Co. (DIS) has put its COVID-19 vaccination mandate on hold for review, amid the Biden administration's workplace COVID-19 vaccine rule, which requires businesses with at least 100 employees to require staff to get Covid-19 vaccin...

Nov 30, 2021 View Article

Nike Schedules Q2 Earnings Release On Dec 20

As per reports, NIKE, Inc. (NKE) is to release its second quarter, 2022 financial earnings at approximately 1:15 p.m. PT, on Monday, December 20, 2021, after trading closes. The Nike management will host a conference call at 2:00 p.m. PT to review the results. The live call can be reached at the c...

Nov 21, 2021 View Article

Home Depot Will Pay A Q3 Cash Dividend On Dec 16

As per reports, Home Depot, Inc. (HD) will pay a third-quarter cash dividend of $1.65 per share, on December 16, 2021. The dividend is payable to shareholders of record on the close of business on December 2, 2021, and marks the 139th consecutive quarter the world's largest home improvement retail...

Nov 19, 2021 View Article

Walgreens To Extend Operating Hours During Thanksgiving Day Holiday

As per reports, on Thanksgiving Day, the majority of Walgreen Boots Alliance (WBA) stores will remain open from 9 a.m. to 6 p.m., for last-minute healthcare and essential needs. 24-hour Walgreen's locations and 24-hour pharmacies will also continue to remain open. Walgreen Boots Alliance ...

Nov 19, 2021 View Article

Amex Mandating Its U.S Employees Returning To Office To Be Fully Vaccinated

Reportedly, American Express Company (AXP) is requiring that its U.S employees working in the office need to be fully vaccinated against COVID-19 beginning Nov. 18, as per an internal memo sent by Chief Executive Officer Stephen Squeri. However, wearing masks or other facial coverings will be option...

Nov 18, 2021 View Article

Verizon Advances Samantha Hammock To The Position of Executive VP & Chief Human Resources Officer

Reportedly, Verizon Communications, Inc. (VZ) announced the appointment of Samantha Hammock to Executive Vice President and Chief Human Resources Officer of Verizon, effective December 1, 2021. Samantha Hammock will report to Hans Vestberg, Verizon Chairman and CEO. “When you think about the in...

Nov 17, 2021 View Article

Visa States Latest SMI Supports View That Consumer Spending Set To Bounce Back In Q4

Reportedly, the U.S. Spending Momentum Index has increased to110.6 in October up 2.1 points from September, as per the Visa (V) SMI index, an economic indicator of the health of consumer spending. The Visa SMI above 100, indicates strong consumer spending momentum and when it falls below 100, it d...

Nov 15, 2021 View Article

J&J Dividing To Create 2 Public Co’s In Consumer & Healthcare

As per reports, Johnson & Johnson (JNJ) is to split its consumer products business from its pharmaceutical and medical device operations, creating two publicly traded companies. The move will separate its household/consumer products unit, maker of Band-Aid bandages, Aveeno and Neutrogena skincar...

Nov 14, 2021 View Article

Disney’s Quarter Reports Disappointing Disney+ Subscriber Growth – Misses Estimates

As per reports, Walt Disney Company (DIS) streaming service Disney+ witnessed the slowest growth since its launch missing market estimates and pushing stocks down. Also, profits from the theme park division performed below expectations in the fourth quarter, even though the quarter was the first t...

Nov 14, 2021 View Article

Walmart & Silicon Valley Start-Up Gatik Initiate Driverless Truck Deliveries To Boost Efficiencies

As per reports, Walmart Stores, Inc. (WMT) has started using fully driverless trucking to boost its online grocery business, increasing capacity and minimizing inefficiencies. In August, Walmart along with Silicon Valley start-up Gatik operated two autonomous box trucks without a safety driver on a ...

Nov 11, 2021 View Article

Walmart Schedules Q3 Earnings Release For Nov 16 Prior To The Open

Reportedly, Walmart Stores, Inc. (WMT) has scheduled to release its third-quarter earnings at 6 a.m. CST on Tuesday, Nov. 16, 2021. The release will be followed by a live conference call with the Investment Community at 7 a.m. CST to discuss the results, hosted by President & CEO Doug McMillon, ...

Nov 11, 2021 View Article

PepsiCo Expects First Delivery Of Tesla Semi Trucks Q4/2021

As per reports, PepsiCo (PEP) is reportedly set to receive its first delivery of Tesla (TSLA) Semi trucks in the fourth quarter informed the beverage giant’s CEO Ramon Laguarta at the 26th United Nations Climate Change Conference, or COP26. However, the number of trucks to be delivered was not dis...

Nov 11, 2021 View Article

Limited Time Offer For Disney+ Being At $1.99/Mo. Now Available

As per reports, Walt Disney Company (DIS) is offering a month of its streaming service Disney+ for $1.99 for the first month. The offer began on Nov. 8 and will run through Nov. 14 for new and eligible returning subscribers. Disney, which charges $7.99 per month for its streaming service in the Unit...

Nov 10, 2021 View Article

Nike’s Vietnam Contracted Factories Resume Full Production

Reportedly, 200 contracted factories across Vietnam that make sportswear for NIKE, Inc. (NKE) have resumed operations after months of COVID-19 suspension, racing back to get its key manufacturing sector back on track. In mid-July, nearly 80% of Nike's footwear makers and half of its apparel provider...

Nov 09, 2021 View Article

Apple To Drop Customer Mask Mandate At More Than 100 Stores

Reportedly, Apple (AAPL) will withdraw its mask mandate for customers at many U.S. retail stores starting this week as COVID-19 cases decline. More than 100 of Apple’s 270 stores across the country will remove the requirement, with more stores adopting the same gradually. However, the mask mandate...

Nov 09, 2021 View Article

AT&T Inc. & Verizon’s 5G Service Delayed On Some Airwaves After U.S. Aviation Regulators Raise Concerns

Reportedly, AT&T Inc. (T) and Verizon Communications, Inc. (VZ) delay the rollout of the fast 5G service on some airwaves after U.S. aviation regulators raised concerns it might interfere with aircraft electronics. The agencies confirmed a 30-day delay to Jan. 5. “Today Verizon and AT&T a...

Nov 09, 2021 View Article

World’s Largest Home Improvement Retailer Home Depot To Release Q3 Earnings On Nov 16

Reportedly, Home Depot, Inc. (HD) is scheduled to host its third-quarter earnings conference Call on Tuesday, November 16, at 9 a.m. ET. The webcast will be archived and will be available at approximately noon on November 16. The webcast can be reached at http://ir.homedepot.com/events-and-presentat...

Nov 03, 2021 View Article

Apple Reported Revenue of $83.36B Versus $84.68B Expectations

Reportedly, Apple (AAPL) misses fourth-quarter earnings estimates with its iPhone, Mac, and Wearables businesses coming up short amid the ongoing chip shortage. Some key figures from the release: Revenue of $83.36 billion was reported versus $84.68 billion expected. Earnings per share of $1.2...

Nov 02, 2021 View Article

Beverage Giant Coca-Cola To Acquire Remaining Stake In BodyArmor Now Valued At $6.59B

Reportedly, Coca-Cola Co. (KO) is now buying a remaining stake in BodyArmor that it did not already own for $5.6 billion, valuing BodyArmor at about $6.59 billion. The beverage giant is gearing up its sports drink portfolio to take on market leader, PepsiCo Inc.'s Gatorade. The deal signifies a shif...

Nov 01, 2021 View Article

Beverage Giant Coca-Cola Hikes Annual Outlook – Net sales jumped 16%

Beverage giant, the Coca-Cola Company (KO) reported fiscal third-quarter earnings that exceeded analysts’ estimates allowing it to hike its annual outlook again. Some key highlights from the earnings: Adjusted EPS of 65 cents was reported exceeding 58 cents expected. Revenue stood at $10.04...

Nov 01, 2021 View Article

McDonald’s Q4 Earnings Exceed – Higher Prices, New Menu Items – Orders Increase

McDonald’s Corporation (MCD) reported strong earnings, ahead of market estimates helped by higher prices, larger order sizes, and entry of new menu items. As pandemic-related restrictions eased and restaurants opened at full capacity, McDonald's has been gaining market share from competitors by in...

Oct 28, 2021 View Article

Johnson & Johnson & Moderna Booster Shots Now Available At US Walmart & Walgreens

Reportedly, Walmart Inc. (WMT) and Walgreens Boots Alliance Inc. (WBA) have started to administer COVID-19 booster shots from Johnson & Johnson and Moderna Inc., in addition to the previously authorized Pfizer-BioNTech booster. The Centers for Disease Control and Prevention said citizens can cho...

Oct 26, 2021 View Article

John Deaton Appointed As EVP Supply Chain & Product Development at Home Depot Replacing Mark Holifield

As per reports, Home Depot, Inc. (HD) announced John Deaton as executive vice president of Supply Chain and Product Development, effective November 1, 2021, replacing Mark Holifield. Holifield, who served the company for 15 years, to join as CEO of a U.S.-based last-mile delivery firm. Deaton, a 14-...

Oct 26, 2021 View Article

Coca-Cola Announces Quarterly Dividend Of 42 Cents

As per reports, the board of Coca-Cola Company (KO) announced a dividend of 42 cents per common share payable on Dec. 15, 2021. The dividend is payable to shareholders as of Dec. 1, 2021. Dow 30 Component, The Coca-Cola Company (KO), is the largest total beverage company in the world. It offers 5...

Oct 26, 2021 View Article

Some US Walmart’s Allowing Customers To Buy Bitcoin At Coinstar Kiosks

Reportedly, Walmart Stores, Inc. (WMT) offers customers at some of its U.S. stores to purchase bitcoin using ATM-like machines installed by Coinstar. Coinstar, which has machines that can exchange physical coins for cash, has partnered with CoinMe, digital currency exchange to let customers buy bitc...

Oct 25, 2021 View Article

Verizon Reports Q3 Earnings Beat – Raises Guidance – $VZ

Reportedly, Verizon Communications, Inc. (VZ) quarter earnings beat analyst estimates reporting an adjusted profit of 1.41 a share, beating forecasts for $1.36 a share, on sales of $$32.9 billion, below expectations for $33.2 billion. The telecom giant raised its guidance to a range of $5.35 to $5.4...

Oct 21, 2021 View Article

3M Settles Claims Over Tennessee River Contamination

Reportedly, 3M (MMM) has agreed to pay about $98.4 million to settle claims that it contaminated the Tennessee River with toxic chemicals. The company agreed to resolve the lawsuit by environmental group Tennessee Riverkeeper, a separate class action by residents of Alabama's Morgan County. , and al...

Oct 20, 2021 View Article

Walt Disney Receives Rare Wall Street Downgrade

Reportedly, Walt Disney Company (DIS, $170.57) stock received a rare Wall Street downgrade as Barclays put forward bold changes from the entertainment giant to reverse slowing growth at its streaming service, Disney+. Last month, Disney Chief Executive Officer Bob Chapek informed that the fourth-qua...

Oct 19, 2021 View Article

McDonalds Introducing The Plant-Based ‘McPlant Burger” In 8 U.S Outlets Starting Next Month – $MCD

Reportedly, McDonald’s Corporation (MCD) is set to start testing its plant-based McPlant burger in eight U.S. outlets from Nov. 3 for a limited time. The plant-based burger is developed in partnership with vegan meat maker Beyond Meat to develop meatless alternatives. The burger is already availab...

Oct 19, 2021 View Article

Walgreens Q4 Earnings Exceeded Expectations – Informs Rise In Covid-19 Vaccinations

As per reports, Walgreen Boots Alliance (WBA) exceeded Wall Street’s expectations for fiscal fourth-quarter earnings, as the demand for Covid-19 vaccines increases. During the quarter, Walgreens administered 13.5 million vaccines, nearly double the approximately 7 million it had expected in the t...

Oct 18, 2021 View Article

Coca-Cola Eyes 2022 IPO For Majority Owned Coca-Cola Beverages Africa

As per reports, Coca-Cola Co. (KO) is seeking a value of 7 billion euros ($8.1 billion) for its Coca-Cola Beverages Africa, expected to list next year. Bank of America Corp., Morgan Stanley, and Standard Bank Group Ltd. are being enlisted to run the initial public offering. As per sources, the final...

Oct 18, 2021 View Article

Walgreens Announces Investment Of An Additional $5.2B In VillageMD

As per reports, Walgreen Boots Alliance (WBA) is to invest an additional $5.2B in VillageMD care providers as the pharmacy chain aims to expand primary healthcare services at its stores. The investment increases Walgreens' stake in VillageMD to 63% from 30%, while the latter plans to go public next ...

Oct 18, 2021 View Article

Walgreens Appoints Holly May, EVP & Global Chief Human Resources Officer & Anita Allemand, Chief Transformation and Integration Officer

As per reports, Walgreen Boots Alliance (WBA) announced two major executive leadership positions, where Holly May was appointed Executive Vice President and Global Chief Human Resources Officer, and Anita Allemand was appointed Chief Transformation and Integration Officer. May and Allemand will repo...

Oct 13, 2021 View Article

Beverage Giant Coca-Cola Schedules ESG Presentation On Nov 3 Led By Bea Perez, SVP & Chief Communications & Sustainability and Strategic Partnerships Officer

As per reports, the Coca-Cola Company (KO) has scheduled to discuss the company’s environmental, social, and governance (ESG) priorities during a webcast with investors on Nov. 3 at 11 a.m. ET. The event will be hosted by Bea Perez, Senior Vice President, and Chief Communications & Sustainabil...

Oct 13, 2021 View Article

Honeywell Expects 7400 New Business Jet Deliveries As Travel Rebounds

Reportedly, Honeywell International Inc (HON) raised its outlook for business jet deliveries, as the travel sector rebounds after Covid-19 restrictions begin to ease globally. The company now forecast up to 7,400 new business jet deliveries worth $238 billion from 2022 to 2031, an increase of 1% fro...

Oct 12, 2021 View Article

Home Depot Say ‘Yes’ To Walmart’s GoLocal Fast Delivery Service

As per reports, Walmart (WMT) has gained Home Depot (HD), as its first client for its new GoLocal fast delivery service. The service includes same-day and next-day delivery at select stores in New Mexico, Arkansas, and Texas initially, before expanding to other markets by year-end. The items Walma...

Oct 11, 2021 View Article

Coca Cola Turns To 3 So-called Bulk Carriers As Container Rates Rise

Reportedly, Coca-Cola Company (KO) is switching its cargoes to vessels that are normally only used by industrial commodity traders. The company usually transports materials around the world in the same 20-foot steel boxes that haul everything from toys to bicycles, but due to constrained capacity, t...

Oct 08, 2021 View Article

Procter & Gamble Schedules Its Annual Shareholder Meet For Oct 12

As per reports, David S. Taylor, Chairman of the Board, President, and Chief Executive Officer of The Procter & Gamble Company (PG) to lead the Procter & Gamble 2021 Virtual Annual Meeting of Shareholders on Tuesday, October 12, 2021, beginning at 12:00 p.m.ET. Interested parties can view t...

Oct 07, 2021 View Article

Nike Continues To Rule As Top Choice Among Teens

Reportedly, NIKE, Inc. (NKE) has gained the number 1 apparel brand spot among teens for the eleventh straight year, also a top choice for teens when it comes to footwear, as surveyed by Piper Sandler’s latest "Taking Stock with Teens" survey. The list is followed by Vans at spot 2, and Nike’s-ow...

Oct 06, 2021 View Article

McDonald’s Preparing For Zero Emissions By 2050

Reportedly, McDonald’s Corporation (MCD) has set a new target to cut global greenhouse gas emissions to net-zero by 2050, the burger giant informed that it was working with the nonprofit Science Based Targets initiative (SBTi) to change its existing climate change targets. The burger giant now aim...

Oct 06, 2021 View Article

Nike Announces Re-Opening Of Its Nike Sport Research Lab (NSRL) In Beaverton, OR

As per reports, NIKE, Inc. (NKE) announced the re-opening of its Nike Sport Research Lab (NSRL) in the new LeBron James Innovation Center, placed at the center of Nike’s campus in Beaverton, Oregon. The new NSRL is five times larger than the original, created 40 years ago in Exeter, New Hampshi...

Oct 06, 2021 View Article

Coca-Cola Announces Q3 2021 Earnings Release On October 27

As per reports, the Coca-Cola Company is to release its third-quarter 2021 financial results on Oct. 27 before the market opens, followed by an investor conference call at 8:30 a.m. ET to review and discuss the results. Interested parties can join the event on the company's website. Dow 30 Compon...

Oct 06, 2021 View Article

McDonald’s Returns With Its Iconic McRib!

Reportedly, McDonald’s Corporation (MCD) is bringing back its cult classic menu item, the McRib, which is a BBQ favorite, and is made of seasoned boneless pork, barbecue sauce, onions, and pickles on a bun, will be available on menus beginning November 1. The McRib has had a substantial following ...

Oct 04, 2021 View Article

Disney & Scarlett Johansson Settle Dispute Over ‘Black Widow’ Movie

As per reports, The Walt Disney Company (DIS) and actress, Scarlett Johansson jointly announced the settlement of their legal dispute arising from the release of the Marvel superhero movie "Black Widow.” The terms of the settlement between the parties remained undisclosed. In July, Johansson accu...

Oct 04, 2021 View Article

Nike Teams Up With Award-Winning Singer Billie Eilish To Launch “100% Vegan” Air Jordans

Reportedly, Nike, Inc. (NKE) is set to launch two pairs of "100% vegan" Air Jordan sneakers on Sep 27, in collaboration with award-winning singer Billie Eilish, 19. Eilish announced the sneakers on her social media handle, showcasing two options a green pair of Air Jordan 1KO, and a tan pair of Air ...

Sep 28, 2021 View Article

Walmart Closes $2B Green Bond Offering The First Under Green Financing Framework

As per reports, Walmart Stores, Inc. has announced that it has closed its previously announced $2 billion inaugural green bond offering. Net proceeds will be allocated to fund current and prospective projects to advance Walmart’s sustainability goals. The green bond is Walmart’s first offering...

Sep 26, 2021 View Article

McDonalds To Reduce Use Of Plastic In Happy Meal Children Toys

Reportedly, Fast food giant McDonald’s Corporation (MCD) is planning to reduce the use of plastic in more than 1 billion Happy Meal children's toys, it sells globally each year by the end of 2025. Toys will be made from plant-based or recycled plastics, allowing the company to reduce its use of vi...

Sep 23, 2021 View Article

Disney Informs Content Production Delays As Contagious Delta Variant Surges

As per reports, Walt Disney (DIS) Co-Chief Executive Officer Bob Chapek raised concern over delay in the production of some of its titles, caused by the resurgence of the Delta variant of the coronavirus. Shares of the company dropped after the statement, which was already hit hard by the coronavi...

Sep 23, 2021 View Article

Walgreens Raising Bonuses & Rewards For Pharmacists To Retain During Acute Labor Shortage

Reportedly, Walgreen Boots Alliance (WBA) to give a one-time bonus of $1,250 to its full-time pharmacists and a $1,000 payment to part-time pharmacists, as major retailers try to retain people amid an acute labor shortage, resulting in companies raising wages and providing incentives to employees ah...

Sep 22, 2021 View Article

Walmart To Begin Testing Autonomous Vehicle Delivery Service In 3 Cities

Reportedly, Walmart Stores, Inc. (WMT) will begin testing autonomous vehicle delivery services in three cities with Ford and self-driving car company Argo. The retail giant will use hybrid Ford Escape SUVs augmented along with Argo's AI technology. In 2017, Ford invested $1 billion in Argo and Vo...

Sep 17, 2021 View Article

Caterpillar CEO Reveals Shortage of Suppliers’ Workers Increasing Supply-Chain Delays

As per reports, Caterpillar, Inc. (CAT) is having a tough time getting the materials it needs from suppliers facing labor crunch, adding another hurdle for the machinery maker that is already amid a global chip shortfall. The delays may keep it from fully meeting demand this year. Chief Executive Of...

Sep 16, 2021 View Article

YIKES! – Walgreens COVID-19 Test Registration System Reportedly Exposed Data

Reportedly, Walgreen Boots Alliance COVID-19 test registration system has exposed millions of data of people, including their phone numbers and email addresses. The data potentially also exposed names, dates of birth, and gender identities on the open web for anyone to see and for the multiple ad tr...

Sep 16, 2021 View Article

BTIG Downgrades Nike From Buy To Neutral – Supply Chain Disruptions Continue

Reportedly, BTIG has downgraded NIKE, Inc. (NKE) rating from Buy to Neutral amid supply chain disruptions. The rising COVID-19 cases in Vietnam with its fully vaccinated rate of only between 4% and 5% has forced Vietnamese government officials to close down manufacturing facilities throughout the ...

Sep 15, 2021 View Article

Disney To Release Remaining 2021 Films Exclusively First In Theaters

Reportedly, Walt Disney Co (DIS), announced to release of the rest of its 2021 films exclusively in theaters before streaming them on Disney+, strengthening hope for theatres to rebound. Earlier during the pandemic, the entertainment giant had released some movies on its streaming service and theate...

Sep 15, 2021 View Article

BayMedica Acquisition Propels InMed (NASDAQ: INM) Into Leadership Role In Manufacturing & Commercialization of Rare Cannabinoids

Beyond the well-known cannabinoids of THC and CBD, there’s a whole world of rare cannabinoids. Indeed, there are more than 100 rare cannabinoids that have been found in the Cannabis plant, including CBG, CBN, CBC and THCV with unique properties that are believed to have a wide range of health ben...

Sep 14, 2021 View Article

Walmart To Ditch Quarterly Bonuses For Store Workers

Walmart Stores, Inc. (WMT) to end its decades-old quarterly bonuses for store workers as it implements hourly wage raises for employees, as per a Wall Street Journal report. It was further informed that Walmart would scrap the benefit, dubbed MyShare, at the end of its fiscal year on Jan. 31, and ro...

Sep 10, 2021 View Article

McDonald’s In Talks To Close Indoor Seating As Delta Variant Cases Surge

Reportedly, McDonald’s Corporation (MCD) and some U.S. fast-food restaurants are closing indoor seating areas or limiting hours of operation because of the rapidly spreading Delta variant of COVID-19. Early 2020, McDonald's Corp had temporarily closed indoor dining at nearly all U.S. locations but...

Sep 06, 2021 View Article

Disney ($DIS) Consolidating Streaming Services To Disney Bundle

Reportedly, The Walt Disney Company (DIS) is moving content from its streaming services Hotstar to its ESPN+ and Hulu streaming platforms in the United States. Disney, with 174 million paying customers across its four streaming services, is slowly consolidating its content into a Disney Bundle, whi...

Sep 06, 2021 View Article

Coca-Cola UK Bottler Facing Aluminum Can Shortages

Reportedly, the Coca-Cola (KO) bottling business for the UK and Europe is facing supply chain issues from a “shortage of aluminum cans.” The social uproar of the scarcity of Diet Coke and Coke Zero products in recent weeks has been raised by customers. Coca-Cola Europacific Partners (CCEP) told...

Sep 03, 2021 View Article

Walmart Looking To Hire 20k Supply Chain Workers & Raise Wages As Holiday Season Approaches

Reportedly, Walmart Stores, Inc. (WMT) plans to hire 20,000 workers at its supply chain division and raise wages as the busy holiday season approach anticipating higher demand. The hiring will come across part-time and full-time jobs, across more than 250 Walmart and Sam's Club distribution centers,...

Sep 02, 2021 View Article

Walgreens To Increase Pay Recognizing Critical Role Of Team Members In Service

Reportedly, Walgreen Boots Alliance (WBA) announced to increase the hourly wage for all team members to $15.00 an hour. The implementation will come in phases starting this year in October and is expected to be fully in place by November 1, 2022. During the pandemic, Walgreens has made additional i...

Aug 31, 2021 View Article

Walgreens 3 Significant Executive Leadership Positions

Walgreens Announces 3 Significant Executive Leadership Positions

As per reports, Walgreen Boots Alliance (WBA) announced the appointment of three significant executive leadership positions, Jeff Gruener has been Appointed as SVP and Chief Financial Officer, Walgreens. Danielle Gray to lead as EVP and Global Chief Legal Officer, Walgreens Boots Alliance. T...

Aug 30, 2021 View Article

Disney’s Cruise Line Issues Mandatory Vaccination Proof For Florida To Bahamas Trips

As per reports, Walt Disney Co's (DIS) cruise line has announced mandatory Covid-19 vaccination proof of all passengers above 12 years of age, traveling from Florida to the Bahamas as COVID-19 Delta variant cases across the United States surge. Travelers below the age of 12 will need a negative CO...

Aug 25, 2021 View Article

Coca-Cola Teams Up With Leading Provider Of Shared Electric Vehicles (Lime) Rewarding Consumers For Recycling

Reportedly, the Coca-Cola Company (KO) announced a partnership with the world’s leading provider of shared electric vehicles, Lime, rewarding people for their commitment to recycling. The companies are offering more than 40,000 free bike or e-scooter rides to people who purchase and pledge to recy...

Aug 25, 2021 View Article

Coca-Cola Announces Retirement Of Herbert A. Allen

Coca-Cola Announces Retirement Of Longest-Serving Current Member Of Board Herbert A. Allen

As per reports, the Coca-Cola Company (KO) today announced that Herbert A. Allen, 80 has retired as a director effective Aug. 18, stepping down after 39 years of service. Allen was the longest-serving current member of the company’s board of directors. Allen’s retirement brings down the Coca-Col...

Aug 25, 2021 View Article

Walmart’s Launches Walmart GoLocal A ‘New Delivery As A Service’ Business Diversifying Its Revenue Streams

Reportedly, Walmart Stores, Inc. (WMT) announced the launch of its new line of business, Walmart GoLocal, extending its expertise in delivering goods to customers from businesses of all sizes. The service will help businesses to grow using Walmart’s delivery capabilities and nationwide coverage at...

Aug 24, 2021 View Article

Yikes!..Supply Chain Issues Yank Milkshakes From British McDonald’s Menu

As per reports, McDonald’s Corporation (MCD) has taken milkshakes and bottled drinks off the menu at all of its British restaurants as the burger giant is battling with the supply chain issues hitting businesses across the retail and hospitality sector. "Like most retailers, we are curr...

Aug 24, 2021 View Article

Nike Schedules Q1 Fiscal 2022 Earnings Conference Call For Sep 23rd

Reportedly, NIKE, Inc. (NKE) to release its first-quarter fiscal 2022 financial results on Thursday, September 23, 2021, following the close of regular trading hours at approximately 1:15 p.m. PT. The management team to hold a conference call beginning at 2:00 p.m. PT to review results. The event w...

Aug 24, 2021 View Article

Disney Wants Scarlett Johansson’s ‘Black Widow’ Lawsuit To Be Settled Through NY Arbitration

[vc_row][vc_column][vc_column_text] Reportedly, as per the court filing by Disney (DIS) its Marvel blockbuster "Black Widow" brought in $125 million in online revenue. The filing came three weeks after the film's lead, Scarlett Johansson, sued Disney for lost residuals on July 29. Johannson claimed...

Aug 23, 2021 View Article

McDonald’s Closer To The Goal Of Achieving All Paper Packaging From Sustainable Fiber

Reportedly, McDonald’s Corporation (MCD) informed that it has nearly achieved its goal of sourcing all of its paper food packaging in restaurants from the recycled or sustainable fiber. In its annual sustainability report, the fast-food giant informed that in 2020, 99.6% of the paper bags, food wr...

Aug 22, 2021 View Article

Walmart Q2 Earnings Exceed Expectations As Market Share Grew In U.S. Grocery

Reportedly, the world’s largest retailer Walmart Stores, Inc. (WMT) exceeded Wall Street's Q2 revenue and sales estimates driven by store traffic and high grocery sales. The retailer reported an adjusted EPS of $1.78 versus $1.57 expected. Revenue stood at $141 billion versus $136.88 billion exp...

Aug 18, 2021 View Article

Walmart On Hunt For Digital Currency/Cryptocurrency Lead?

Reportedly, Walmart Stores, Inc. (WMT) is looking for a digital currency/cryptocurrency lead as more retailers start accepting cryptocurrency transactions. As mentioned in the job description, the retailer is looking for someone who will "provide the leadership to identify technology and customer...

Aug 17, 2021 View Article

Walgreens Announces Launch Of New Credit Card Program – Encouraging Health & Wellness Purchases

Reportedly, Walgreen Boots Alliance (WBA) is launching a new credit card program, with two cards focused on rewards for pharmacy purchases as well as used for other health and wellness purchases. One is a Walgreens branded card, and the other one is a MasterCard. The latter has lower rewards thresho...

Aug 17, 2021 View Article

Walmart To Announce Q2 Earnings On August 17, 2021

As per reports, Walmart Stores, Inc. (WMT) is to announce its Q2 earnings results for the fiscal year 2021 at 6 a.m. CDT on Tuesday, Aug. 17, 2021, followed by a live conference call with the investors at 7 a.m. CDT to discuss and review the results. The event can be reached at https://corporate.wal...

Aug 16, 2021 View Article

Walmart Announced The Selection of Publicis Groupe To Lead Media Planning & Buying In U.S.

As per reports, Walmart Stores, Inc. (WMT) announced the selection of Publicis Groupe to lead media planning and buying for Walmart U.S., following an extensive agency evaluation for a media AOR to support future growth and brand-building initiatives. "First and foremost, we appreciate all of the e...

Aug 14, 2021 View Article

Home Depot’s New Distribution Center Expected To Produce ~500 New Jobs To Baltimore

As per reports, The Home Depot, Inc. has opened three new distribution centers in Sparrows Point's revitalized Tradepoint Atlantic development. The 1.5 million-square-foot campus will provide nearly 500 new full- and part-time jobs to Baltimore and also enable faster delivery options to customers in...

Aug 11, 2021 View Article

Nike Schedules Quarterly Dividend Payable Oct 1

As per reports, NIKE, Inc. (NKE) declared its quarterly cash dividend of $0.275 per share to stockholders of record at the close of business on August 30, 2021. The dividend is applicable to the company’s outstanding Class A & Class B Common Share, payable on October 1, 2021. NIKE, ...

Aug 09, 2021 View Article

Walmart Adds Educational Benefits For Its Full & Part-Time ~1.5M Employees

Reportedly, Walmart Inc (WMT) announced it plans to bear the complete cost of college tuition and books for its full and part-time employees (roughly 1.5 million), starting August 16. Walmart has been criticized for years as thousands of its workers are below the poverty line, and it has also been c...

Aug 02, 2021 View Article

P&G Reports Q4 Earnings Estimates – Cautions About Rising Commodity & Transport Costs

The Procter & Gamble Company (PG) beat quarterly earnings estimates boosted by higher demand for its skin and health care products but raised concerns over rising commodity and freight costs that would dig a $2 billion loss out of its earnings this year. David Taylor's replacement, Chief Operati...

Aug 02, 2021 View Article

Jon R. Moeller Announced As P&G’s Chief Executive Officer & President Succeeding David Taylor

As per reports, the Procter & Gamble Company (PG) announced that Jon R. Moeller, Vice Chairman, and Chief Operating Officer, will succeed David Taylor as the company’s President and Chief Executive Officer, effective November 1, 2021. He has been appointed to the Company’s Board of Directors...

Aug 01, 2021 View Article

Scarlett Johansson a.k.a. ‘Black Widow’ Wages Legal Battle Against Disney

Reportedly, Disney’s (DIS) decision to release “Black Widow” on Disney Plus and theatres at the same time as via its streaming service Disney+ has led to a legal battle with Scarlett Johansson, the actress playing the Marvel superhero. Attorneys for Johansson filed the lawsuit in Los Angeles S...

Jul 30, 2021 View Article

McDonald’s Q2 Earnings Beat Market Estimates

Reportedly, McDonald’s Corporation (MCD) released second-quarter earnings, beating market estimates as the fast-food giant’s February launched chicken sandwich and its “famous orders” promotion with K-pop group BTS, which includes an order of McNuggets and special sauces boosted U.S. same-st...

Jul 29, 2021 View Article

McDonald Introduces New Unit Focusing On Driving Growth Through Global App & New MyMcDonald’s Rewards Program

Reportedly, McDonald’s Corporation (MCD) is bringing its digital, data analytics, marketing, restaurant development, and operations segments into one unit, the fast-food giant is focusing on driving growth through its global app and new MyMcDonald's Rewards program. McDonald's Rewards was launche...

Jul 27, 2021 View Article

Disney To Resume Cruise Line Sailing From U.S. Ports Starting August

Reportedly, Walt Disney Co's (DIS) cruise unit to start operations from U.S. ports again next month in August, after a months-long pause due to the pandemic. The cruise, Disney Dream is scheduled to depart from Port Canaveral, Florida on Aug. 9 to the Bahamas. Passengers over 12 years of age will r...

Jul 27, 2021 View Article

Coca-Cola Beats Estimates As Demand Bounces For Beverages At Theaters, Restaurants, Stadiums

The Coca-Cola Company (KO) reported strong Q2 figures as demand bounces back for its beverages as theaters, restaurants, and stadiums reopen. Revenue in Coca-Cola's North America business increased 28% in the second quarter as public venues reopened and restrictions eased out across the United State...

Jul 21, 2021 View Article

Walmart Partners With Tween Brand ‘Justice’ (Owned By Bluestar Alliance)

As per reports, Walmart Stores, Inc. (WMT) announced a new collaboration with the Justice brand, bringing its popular tween assortment to even more girls just in time for back to school, with Justice’s signature line of fresh, trend-inspired designs across tween apparel, accessories, and home on W...

Jul 19, 2021 View Article

Walgreens Increases Quarterly Dividend, Payable Sep 10

As per reports, the board of Walgreens Boots Alliance, Inc. (WBA) has increased the quarterly dividend by 2.1 percent, to 47.75 cents per share. The dividend is payable on September 10, 2021, to shareholders of record as of August 20, 2021. The increase raises the company's annual rate to $1.91 a sh...

Jul 19, 2021 View Article

P&G Announces Quarterly Dividend

Reportedly, the Board of the Procter & Gamble Company (PG) declared a quarterly dividend of $.8698 per share on the Series A and Series B ESOP Convertible Class A Preferred Stock and the Common Stock of the Company payable on or after August 16, 2021. The dividend is payable to shareholders of ...

Jul 16, 2021 View Article

A Trend Continues -Disney Increases Monthly, Annual Fees For ESPN+

Reportedly, Walt Disney Co (DIS) announced an increase in its monthly and annual subscription fees for sports streaming platform ESPN+ in the United States. The monthly price will increase by $1 to $6.99, and the annual plan will cost $10 more at $69.99. ESPN+ has about 14 million subscribers. These...

Jul 15, 2021 View Article

J&J Suspends/Recalls Aerosol Sunscreens Over Presence Of Carcinogen In Some Sprays

Reportedly, Johnson & Johnson (JNJ) is voluntarily suspending all lots of five Aveeno and Neutrogena brand aerosol sunscreen products from the market after internal testing identified low levels of a cancer-causing chemical, benzene in some samples. Benzene is known as a human carcinogen, a subs...

Jul 15, 2021 View Article

Disney’s ‘Black Widow’ Debuts With Impressive $158 Million In Theaters Globally

Reportedly, The Walt Disney Company (DIS) and Marvel's superhero adventure "Black Widow" recorded a massive $80 million in its first weekend, beating records for the biggest opening weekend since the pandemic. The film opened simultaneously in theaters and on Disney Plus on July 7 with Premier Acces...

Jul 13, 2021 View Article

Disney Hopes High For Its Worldwide “Black Widow” Theatrical Release

The Walt Disney Company's (DIS) "Black Widow" is set for its theatrical release worldwide on July 9 as the entertainment giant is gearing up for a big weekend at the box office. The Marvel movie is premiering 15 months later than the initial plans. Estimates show "Black Widow" could bring in betwee...

Jul 09, 2021 View Article

Walmart Continues Unveils Project To Promote Climate Change

Reportedly, Walmart Stores, Inc. (WMT) unveiled a project aimed at cutting emissions in a tie-up with the U.N. group COP26 High-Level Climate Action Champions, and the business organization the World Business Council for Sustainable Development along with other retailers H&M, Ikea, and Kingfishe...

Jul 09, 2021 View Article

Is Nike Losing Out To Chinese Rivals Amid The Xinjiang Cotton Boycott?

As per reports, Chinese sportswear makers are performing better than their global peers fueled by the Xinjiang cotton controversy amid Chinese consumer support in response to the alleged human-rights issues in the Xinjiang region. The incident has boosted at least one local sneaker maker by some 250...

Jul 08, 2021 View Article

P&G To Release Q4 2020/21 Earnings Results On July 30

Reportedly, The Procter & Gamble Company (PG) to host a webcast of its fourth-quarter earnings results beginning at 8:30 a.m. ET on July 30, 2021. Interested parties can access the live audio webcast at www.pginvestor.com, beginning at 8:30 a.m. ET. The Procter & Gamble Company (P...

Jul 08, 2021 View Article

Nike Announces ‘Rawdacious Tokyo Collection’ In Honor Summer Olympics

As per reports, NIKE, Inc. (NKE) has launched its Rawdacious Tokyo Collection in honor of the 2020 Summer Olympics. The collection includes a range of running silhouettes, including the Air Zoom MaxFly ($180), ZoomX Vaporfly Next% 2 ($250), Air Zoom Victory ($180), ZoomX Dragonfly ($150), Air Zoom L...

Jul 06, 2021 View Article

Is Disney+ Subscriber Growth Sinking?

Reportedly, Disney's (DIS) streaming video subscriber growth has slowed down recently as per the internal data that The Information reviewed. The reports informed that Disney+ had little more than 110 million total subscribers late in the third fiscal quarter versus 103.6 million in the second quart...

Jul 05, 2021 View Article

Walmart Introduces New Digital Offers With A Leading U.S Cash Back Rewards Platform, Ibotta

Reportedly, Walmart (WMT) has entered a strategic agreement with a leading cashback rewards platform in the United States, Ibotta to create and launch a new digital offers program on Walmart.com and the Walmart app. With the new program, Walmart customers will have access to hundreds of cash rebate...

Jul 01, 2021 View Article

Walt Disney To Release Of Q3 2021 Financial Results Via Webcast August 12, 2021

Reportedly, The Walt Disney Company (DIS) to release fiscal third-quarter 2021 financial results beginning at 4:30 p.m. ET / 1:30 p.m. PT on Thursday, August 12, 2021, via a live audio webcast. Interested parties can listen to the webcast, at www.disney.com/investors. Dow 30 Component, Th...

Jul 01, 2021 View Article

Walmart Extends Relationship With Inovalon & The Inovalon ONE® Platform To 2028

Reportedly, Walmart Stores, Inc. (WMT) has expanded and extended its partnership with Inovalon, a noted provider of cloud-based platforms empowering data-driven healthcare. The partnership will assist Walmart with cloud-based capabilities through the Inovalon ONE® Platform in its extensive network ...

Jun 29, 2021 View Article

The Home Depot Offers Online Rental Reservations – Opens 8 New Rental Locations

Reportedly, The Home Depot, Inc. (HD) is upgrading the customer experience at its 1,300 rental locations with the launch of new "Rent Online, Pick-up In Store" technology, saving Pro and DIY customers time and trips to the store. Ranging from demolition tools like breakers and concrete saws to lands...

Jun 28, 2021 View Article

McDonald’s To Introduce Loyalty Program Across The United States Beginning In July

Reportedly, McDonald’s Corporation (MCD) will introduce its U.S. loyalty program across the country at participating restaurants starting on July 8. Late last year in a few markets, McDonald's' started testing its MyMcDonald's Rewards program, allowing subscribers on its app to earn points that t...

Jun 23, 2021 View Article

Walmart Invests In DroneUp Further Positioning For Delivery

Reportedly, Walmart Stores, Inc. (WMT) has invested in drone delivery company, DroneUp following a pilot last year with automated deliveries of COVID-19 nasal swab test kits as the company aims for drone deliveries in large numbers. "The trial demonstrated we could offer customers delivery in min...

Jun 23, 2021 View Article

Cristiano Ronaldo Chooses Water Over Coca Cola ‘Shaving Value’ From The Beverage Giant’s Shares

Reportedly, Coca-Cola’s share price dipped by $4bn (£2.8bn) after Cristiano Ronaldo, captain of Portugal national football team removed two bottles of the carbonated drink in front of him as he sat down to speak to the media at Euro 2020 press conference ahead of Group F opener against Hungary,...

Jun 20, 2021 View Article

Ronaldo, Pogba Ditch Coke & Beer At Euro 2020 Conference

Reportedly, France midfielder Paul Pogba, a practicing Muslim removed a bottle of Heineken beer in front of him at a Euro 2020 news conference. A day after, Portugal captain Cristiano Ronaldo also removed two Coca-Cola (KO) bottles as he sat down to speak to media ahead of the Group F opener agains...

Jun 18, 2021 View Article

P&G Informs Of Rise In Commodity & Freight Costs For This Fiscal Year

Reportedly, Procter & Gamble Co's (PG), Chief Financial Officer, informed that freight and commodity costs have amounted to around $600 million after-tax so far, this fiscal year exceeding prior expectations of more than $200 million in freight costs and about $125 million in commodity costs. T...

Jun 17, 2021 View Article

Walgreens Collaborates With Uber Eats Now Offering Same-Day Delivery From +7,800 Stores In US

As per reports, Walgreen Boots Alliance (WBA) has collaborated with Uber Technologies (UBER) to offer products directly on the Uber Eats platform to customers across the United States. Customers can get health and wellness, beauty and personal care, household essentials, over-the-counter medications...

Jun 15, 2021 View Article

Verizon Business Launches Commercial Private 5G In U.S

Reportedly, Verizon Business (VZ) has launched its first commercially available private 5G network in the U.S. to offer businesses and government departments high-speed indoor or outdoor connectivity. 5G network removes the need for businesses to jostle for speed with others on a public network and ...

Jun 15, 2021 View Article

Tesla Launches Ridiculously Fast Model S Plaid With 390-Mile Range

Reportedly, Tesla (TSLA) launched its Model S Plaid last week, the car is equipped with a 390-mile range and has the power to accelerate from zero to 60 miles per hour in less than two seconds. The interior features a steering yoke instead of a wheel and an 8-inch display in the back. It also has ...

Jun 14, 2021 View Article

Walmart Announces Community Academy Program Offering Free Educational Opportunities

Walmart Stores, Inc. (WMT) is offering free classes to the public for personal and career investment as an initiative to give back to the community. Andy Trainor, Vice President of Learning, released a statement stating details about the Community Academy initiative. The program aims to help commun...

Jun 10, 2021 View Article

Nike Launches “Be True” Collection Celebrating Pride 2021

NIKE, Inc. (NKE) & its subsidiary, Converse continue to celebrate the LGBTQIA+ community with their colorful new footwear. Nike has celebrated its Pride Month with its “Be True” collection since 2012. Nike’s “Be True” footwear and apparel collection, offers each sneaker a velcro patch ...

Jun 09, 2021 View Article

Walgreens Schedules Third-Quarter Earnings Release On July 1, 2021

Reportedly, Walgreen Boots Alliance (WBA) is now scheduled to release its fiscal third-quarter, 2021 earnings results on Thursday, July 1, 2021, at 7 a.m. ET, followed by a one-hour conference call with WBA management beginning at 8:30 a.m. ET. The live call can be reached at http://investor.walgre...

Jun 09, 2021 View Article

Walmart Set To Give Nearly Half Of Its U.S Store Employees Free Samsung Galaxy XCover Pro Smartphones

Walmart Stores, Inc. (WMT) is set to give more than 740,000 of its U.S employees, Samsung Galaxy XCover Pro smartphones, cases, and protection plans by the end of the year allowing them to use an app the company has developed to manage shifts, clock in, and stay in "constant communication." The app ...

Jun 07, 2021 View Article

Verizon Announces Quarterly Dividend

Reportedly, the Board of Verizon Communications Inc. (VZ) declared a quarterly dividend of 62.75 cents per outstanding share payable on August 2, 2021. The dividend is payable to shareholders of record at the close of business on July 9, 2021. “We remain committed to delivering value to our sha...

Jun 06, 2021 View Article

Bob Iger, Disney Chairman, Sells Nearly $100M In Shares

Reportedly, the Walt Disney Company (DIS) Chairman Bob Iger, 70, sold $98.7 million worth of shares in the company as an effort to diversify his portfolio. Iger disposed of 550,570 shares at an average price of $179.21 on June 1, which cut the shares he owns directly by 50% to 555,865. “The v...

Jun 05, 2021 View Article

Verizon Offering Offering free Apple & Android Phones To Sign Up For Unlimited 5G Plans

As per reports, Verizon Communications, Inc. is offering free Apple and Android phones to customers who sign up for its unlimited plans on its faster 5G network. The largest U.S. wireless carrier is now matching similar trade-in offers from AT&T Inc. and T-Mobile US Inc. in an effort to reverse...

Jun 02, 2021 View Article

Russia Issues Warning To Disney Against Distribution Of Its Short Film “Out” Featuring Gay Character

As per reports, Russia's communications regulator Roskomnadzor warned Walt Disney Co (DIS) against distributing content of its short film, "Out", which features a gay main character, stating it portrays harmful content to the children in Russia. Disney+ released “Out" in the United States last yea...

Jun 01, 2021 View Article

GAP To Launch Home Products Line On Walmart.com

Reportedly, Gap Inc. is launching its new brand of home products that will be available exclusively on Walmart's (WMT) website in June, making it the first fashion retailer to get into a multi-year partnership with Walmart in home furnishing. The home goods market has witnessed increasing demand ove...

May 26, 2021 View Article

Nike Schedules Fiscal Q4 2021 Earnings Release On June 24

As per reports, Nike Inc (NKE) to release its fourth-quarter fiscal 2021 financial results at approximately 1:15 p.m. PT on Thursday, June 24, 2021, followed by a conference call at 2:00 p.m. PT to review the results by the management team. The live call can be reached at http://investors.nike.com....

May 25, 2021 View Article

McDonald’s Announces Quarterly Cash Dividend Payable On June 15

Reportedly, the board of McDonald’s Corporation (MCD) declared a quarterly cash dividend of $1.29 per share to common stockholders of record at the close of business on June 1, 2021. The dividend is payable on June 15, 2021. McDonald’s Corporation (MCD) is the leading global foodservice retaile...

May 25, 2021 View Article

McDonald’s U.K. Supplies ‘Derailed’ Due To Protest By Vegan Activists

Reportedly, animal rights activists have blocked supplies of an approx of 1,300 U.K. restaurants operated by McDonald’s Corporation (MCD) in an attempt to convince the fast-food giant to include an entirely plant-based menu. Around 50 Animal Rebellion protesters have blocked all four of the compan...

May 24, 2021 View Article

Walmart Exceeds Q1 Estimates – Raises Outlook

Dow 30 component, Walmart Stores, Inc. (WMT) reported strong first-quarter earnings, witnessing a strong push from e-commerce and grocery sales. Key Highlights: Walmart reported an adjusted EPS of $1.69 versus $1.21 expected. Revenue stood at $138.31 billion versus $131.97 billion expected fo...

May 19, 2021 View Article

Verizon Opens Recruitment Nationwide For 1,000 Roles, Amid Surge In Customer Demand

Reportedly, Verizon Communications, Inc. (VZ) is launching its largest recruitment effort in more than five years to handle the demand around 5G, new devices, and gaming, along with increasing customer visits to its nationwide stores. The company is adding more than 1,000 retail positions to ensure ...

May 18, 2021 View Article

Disney World Revises Mask Rules As Per Latest CDC Guidelines

Reportedly, Disney World, and other amusement parks have updated their mask policy following the latest guidance from the Centers for Disease Control and Prevention Masks have been made optional in outdoor areas and pool decks at Walt Disney Inc's Disney World in Orlando, Florida, from May 15. Howe...

May 17, 2021 View Article

Coca-Cola Announces The Discontinuation Of Coca-Cola Energy In North America

As per reports, the Coca-Cola Company (KO) is discontinuing its energy drink, Coca-Cola Energy, in North America just over a year after it was rolled out. The beverage giant will focus on its fast-moving beverages as consumers pick up more of its traditional sodas and flavored sparkling waters as ...

May 17, 2021 View Article

Nike Looks Forward To Phased Return Of Employees To Office

Reportedly, NIKE, Inc. (NKE) is preparing for a phased return of its employees to its offices subject to the employee's geographical location. As COVID-19 vaccinations are in full swing, the sportswear giant is one of a growing number of companies planning for life after the pandemic. A phased retu...

May 17, 2021 View Article

Walmart Schedules First Quarter Earnings Release On May 18, 2021

As per reports, Walmart Stores, Inc. (WMT) will release its first-quarter earnings results at 6 a.m. CDT on Tuesday, May 18, 2021, followed by a live conference call with the Investment Community at 7 a.m. CDT to discuss the results. The call will be hosted by Doug McMillon, President & CEO, an...

May 17, 2021 View Article

Walmart Allowing Fully Vaccinated Employees To Ditch Their Mask

Reportedly, Walmart Stores, Inc. (WMT) to allow fully vaccinated workers without masks at work following the latest guidelines issued from the U.S. Centers for Disease Control and Prevention. As per an internal memo issued by the retailer to U.S. stores, Sam’s Clubs, and supply chain facilities, u...

May 16, 2021 View Article

Disney Reports Mixed Second-Quarter Earnings – Disney+ Miss Expectations

The Walt Disney Company (DIS) reported mixed fiscal second-quarter earnings, as the entertainment giant added fewer new subscribers than expected for its streaming service, Disney+. The company closed its second quarter with 103.6 million subscribers, missing estimates for 110.3 million. Disney's di...

May 13, 2021 View Article

McDonald’s Announce Increase In Hourly Wages By 10% For +660 U.S. Owned Restaurants

As per reports, McDonald’s Corporation (MCD) is looking to increase the hourly wages by an average of 10%, for more than 36,500 employees at more than 660 of its U.S. restaurants. The move comes as McDonald's employees are planning to strike across 15 cities on May 19 to demand higher wages. The ...

May 13, 2021 View Article

Nike To Pay Quarterly Dividend On July 1

As per reports, the board of Nike, Inc. (NKE) has announced a quarterly cash dividend of $0.275 per share on the outstanding Class A and Class B Common stock to shareholders of record on June 1, 2021, payable on July 1, 2021. NIKE, Inc. (NKE) is the world’s top designer, marketer, and distributo...

May 11, 2021 View Article

Walgreens Collaborates Uber Technologies Inc (UBER), DoorDash Inc, Etc. To Launch Same-Day Delivery

Reportedly, Walgreen Boots Alliance (WBA) has partnered with Uber Technologies Inc (UBER), DoorDash Inc, and others to launch same-day delivery under two hours for its retail products in the United States. The same-day purchases placed via its app or online will be packed by store workers and delive...

May 06, 2021 View Article

Saadia Madsbjerg Named President of The Coca-Cola Foundation & VP of Global Community Affairs for The Coca-Cola Company (KO)

As per reports, Saadia Madsbjerg has been named as the President of The Coca-Cola Foundation and VP of Global Community Affairs for The Coca-Cola Company (KO), effective June 1. Madsbjerg, 44 succeeds Helen Price and will report to Bea Perez, Chief Communications, Sustainability & Strategic Part...

May 06, 2021 View Article

Verizon Selling Media Unit (Yahoo & AOL) To Apollo For $5B

Reportedly, Verizon Communications, Inc. (VZ) to sell its media unit, which includes Yahoo and AOL, to Apollo Global Management Inc for $5 billion, in a move to offload its digital media business. Verizon declared the unit nearly worthless with a $4.6 billion write-down in 2018, as major market gia...

May 03, 2021 View Article

Peter Mitchell Appointed As General Manager For Verizon Connect

Reportedly, Peter Mitchell has been appointed as the general manager of Verizon Connect, an important part of Verizon Business’ product portfolio and also one of the world’s largest SaaS-based fleet management providers. Mitchell expands his role as the company’s chief technology officer. Mit...

May 03, 2021 View Article

Highlights From McDonald’s Q1 Earnings

Fast-Food giant, McDonald’s Corporation (MCD) first-quarter net sales topped pre-pandemic levels, beating Wall Street estimates. The company reported adjusted earnings per share of $1.92 versus $1.81 expected. Fiscal first-quarter net income stood at $1.54 billion, or $2.05 per share, up from $1.1...

Apr 29, 2021 View Article

Disney – Sony Pictures Deal Bringing “Spider-Man” & Other Movies To Disney+ After Netflix 18-Month Exclusive Period

As per reports, The Walt Disney Company (DIS) has entered a deal with Sony Pictures to play new "Spider-Man" movies and other films to Disney's streaming services and TV networks in the United States after they play on Netflix. The company has also secured rights to offer hundreds of older Sony fil...

Apr 22, 2021 View Article

Coca-Cola Reports Strong Quarterly Earnings- Remains Positive On Growth Amid Economic Recovery

Reportedly, the Coca-Cola Company (KO) released quarter earnings this week, reporting a revenue of $9.02 billion versus $8.6 billion expected. Adjusted earnings per share stood at 55 cents versus 50 cents expected. The beverage giant reported a fiscal first-quarter net income of $2.25 billion, or 5...

Apr 21, 2021 View Article

Verizon Reports Strong Q1 2021 Earnings

Verizon Communications, Inc. (VZ) reported first-quarter adjusted earnings that topped estimates. For the quarter ending March, Verizon's adjusted earnings were $1.31 per share, excluding items. Revenues increased 4% to $32.9 billion. A year earlier, Verizon earned $1.26 a share on revenue of $31.6 ...

Apr 21, 2021 View Article

McDonald’s Introduces Mandatory Anti-Harassment Training To Combat Harassment & Discrimination At Its Restaurants

Reportedly, McDonald’s Corporation (MCD) is planning to make it's 2 million workers take anti-harassment training after the fast-food giant has been accused of series of workplace abuse claims. The new training comes in the light as the company tries to address allegations that it has ignored hara...

Apr 19, 2021 View Article

Home Depot Sets-Up 3 New Distribution Centers In The West Palm Beach, Miami, & Fort Myers Area

Reportedly, Home Depot, Inc. (HD) has opened three new distribution centers across Florida, from West Palm Beach and Miami to Fort Myers, offering faster delivery options to customers in the South Florida region. The home improvement giant also plans to open two additional Miami distribution center...

Apr 16, 2021 View Article

Nike Launches Nike Refurbished As A Part Of Its Sustainability Initiative

As per reports, Nike Inc (NKE) will begin refurbishing sneakers including Vapormaxes, Air Max, and Reacts, returned by shoppers and resell them at lower prices, in order to reduce consumer waste as a part of its Move-to-Zero initiative under a business model called Nike Refurbished. In order to qual...

Apr 13, 2021 View Article

Disney Announces June Opening For Its Disneyland’s Avengers Area

Reportedly, a new avenger themed area to open at Walt Disney Co's (DIS) Disneyland Resort in California on June 4. The area will feature a Spider-Man ride, roaming superheroes, and a shawarma food cart. The addition will come weeks after the resort in Anaheim, about 35 miles southeast of Los Angeles...

Apr 12, 2021 View Article

McDonald’s Announces Hiring Of 25k Staff In Texas This April

Reportedly, McDonald's Corp (MCD) plans to hire 25,000 people in its restaurants across Texas in April. The burger giant announced it will hire for crew and management positions in a three-day event starting April 13-15. The company runs about 14,000 restaurants in the United States and hires thousa...

Apr 12, 2021 View Article

McDonald’s Appoints Desiree Ralls-Morrison As General Counsel & Corporate Secretary

As per reports, McDonald’s Corporation (MCD) has appointed Desiree Ralls-Morrison as the company’s global legal operations and corporate governance. Starting office on April 26, 2021, Desiree will be based at the company's Chicago headquarters in the West Loop. Most recently, Ralls-Morrison serv...

Apr 07, 2021 View Article

Walmart Schedules Virtual Annual Shareholders’ Meet On June 2

Walmart Stores, Inc. (WMT) is scheduled to hold its virtual Annual Shareholders’ Meeting on Wednesday, June 2, 2021, beginning at 10:30 a.m. CDT. The meeting will not be held in a physical location following the Covid-19 norms but will be available online through a live audio webcast, as per repor...

Apr 05, 2021 View Article

P&G To Release Q3 2020/21 Earnings On April 20

Reportedly, The Procter & Gamble Company (PG) is scheduled to release its third-quarter earnings at 8:30 a.m. ET on Tuesday, April 20, 2021. Interested parties can access the live audio webcast at www.pginvestor.com, starting at 8:30 a.m. ET. The Procter & Gamble Company (PG), a Dow 30 comp...

Mar 25, 2021 View Article

Disney Announces To Release ‘Black Widow’ & “Cruella,” In Cinemas & Disney+ The Same Day

Reportedly, The Walt Disney Company (DIS) has announced the release of “Black Widow” and “Cruella,” in theatres on the same day as it will be available on its streaming service. “Black Widow,” featuring Scarlett Johansson will debut on Disney+ and in theaters on July 9, and “Cruella”...

Mar 25, 2021 View Article

Disney To Increase Disney+ Subscription Prices In U.S

Reportedly, The Walt Disney Company's (DIS) is increasing Disney+ subscriptions to $7.99 per month, or $79.99 per year, for U.S. subscribers starting this week. Earlier the subscriptions were priced at $6.99 per month or $69.99 per year. The price hike is the first increase in rates for U.S. consum...

Mar 24, 2021 View Article

The Coca-Cola Company Schedules Release Of Q1 2021 Earnings For April 19

Reportedly, the Coca-Cola Company (KO) to release its first-quarter 2021 financial results on April 19 before the market opens, followed by an investor conference call at 8:30 a.m. ET to discuss and review the results. Interested parties can join a webcast for this event at www.coca-colacompany.com/...

Mar 22, 2021 View Article

Walmart Collaborating With American Fashion Designer Brandon Maxwell

As per reports, Walmart Stores, Inc. (WMT) has collaborated with Brandon Maxwell to design its Free Assembly and Scoop apparel brands. Brandon Maxwell is a well-known American designer known for dressing Lady Gaga on numerous occasions, including Met Gala events. Maxwell to act as Creative Director ...

Mar 18, 2021 View Article

Disney Schedules Release Of Fiscal Q2 Results On May 13

Reportedly, the Walt Disney Company (DIS) will release its fiscal second-quarter 2021 financial results on Thursday, May 13, 2021, after the market closes followed by a review of the same beginning at 4:30 p.m. ET (1:30 p.m. PT). To listen to the webcast, interested parties can visit www.disney.com...

Mar 17, 2021 View Article

Disney’s Avatar Returns As The Highest-Grossing Film After Its Re-Release In China

As per reports, the blockbuster movie Avatar re-claims its position as the highest-grossing film of the all-time spot after its re-release in China, pushing it above the $2.8bn marks on the last weekend. China has been the top-performing film market since pandemic lockdowns. Avatar debuted in 2009 a...

Mar 16, 2021 View Article

Disney+ Exceeds 100 Million Subscribers

Reportedly, The Walt Disney Company's (DIS) Disney+ streaming program has surpassed 100 million new subscribers, reaching the 9-digit subscriber mark in only 16 months of operations as its users continued to grow during the pandemic. The news was welcomed by Disney CEO Bob Chapek during the compan...

Mar 10, 2021 View Article

Disneyland California & Other Theme Parks To Reopen April 1, With Restrictions

As per reports, The Walt Disney Company's (DIS) Disneyland and other theme parks in California are expected to reopen from April 1 after nearly a year of closure due to the coronavirus pandemic, subject to their removal from the "purple" tier which is the system's most strict classification for Co...

Mar 10, 2021 View Article

McDonald’s To Not Lift Ban On Dining In Texas & Mississippi, Even After The States Lift Curbs

Reportedly, McDonald's Corp (MCD) will not lift dining bans for its McDonald’s Texas and Mississippi restaurants, even after the two U.S. states lifted coronavirus curbs easing businesses to operate at full capacity. The fast-food giant informed that it has no plans to make any changes to its Covi...

Mar 09, 2021 View Article

Disney Gives Us A Taste Of A Post-Pandemic Economy, Shifts Focus On Streaming & Online Services

Entertainment giant, Disney recently announced that it will close 20% of its 300 retail stores globally with additional store closures and an undisclosed number of layoffs to follow, as per reports. The company continues to shift its focus towards its e-commerce business by offering more products an...

Mar 08, 2021 View Article

Former AT&T Chairman & CEO Randall Stephenson Joins Walmart Board

As per reports, the Board of Directors, Walmart (WMT) has appointed Randall Stephenson, 60, former Chairman and Chief Executive Officer of AT&T Inc., as a new member of the company’s board, effective March 3. Stephenson adds as the 12th member of the board. Stephenson retired in January of ...

Mar 08, 2021 View Article

Verizon Announces Quarterly Dividend Payable May 3, 2021

As per reports, the Board of Directors at Verizon Communications Inc. (VZ) announced a quarterly dividend of 62.75 cents per outstanding share, payable on May 3, 2021, to Verizon shareholders as of April 9, 2021. Verizon Communications, Inc. (VZ) is a worldwide leader in delivering communications a...

Mar 04, 2021 View Article

Nike’s North America Head Steps Down

Reportedly, Nike Inc’s (NKE) Ann Hebert, Vice President and General Manager, North America geography, has departed from the company, effective today, March 1. Ann Hebert leaves the company after 25 years of service. The company plans to announce a new head of its North American geography shortly. ...

Mar 04, 2021 View Article

Disney+ Is A Hit In Households Sans Kids

Walt Disney Co's (DIS) Disney+ streaming service surprisingly has gathered strong interest from adults who do not have kids at home which has substantially increased subscriptions. Disney+ launched in November 2019, has exceeded Wall Street expectations and the company’s forecast. Disney is known...

Mar 03, 2021 View Article

Walmart’s Express Delivery Gets Much Easier

Reportedly, Walmart Stores, Inc. (WMT) customers now no longer need to meet the minimum order requirement to get the items they need in a hurry, as the retailer removes the $35 minimum order requirement for Express delivery beginning March. Express delivery offers customers to order items from Walma...

Mar 03, 2021 View Article

Nike Announces Dates For Q3 Fiscal 2021 Earnings & Conference Call

Sports-wear giant, NIKE, Inc. (NKE) to announce Q3 fiscal 2021 earnings at 1:15 p.m. PT on Thursday, March 18, 2021, after the market closes. NIKE management will host a conference call at 2:00 p.m. PT followed by the release, to review results. The call can be reached live at http://investors.nik...

Mar 01, 2021 View Article

Walgreens Collaborating With Instacart To Offer Same-Day Delivery

As per reports, Walgreen Boots Alliance (WBA) has expanded its on-demand delivery solutions with the leading online grocery platform in North America, Instacart for consumers across Illinois. Customers can now order from a range of Walgreens favorites, including health and wellness, beauty and perso...

Feb 24, 2021 View Article

McDonald’s Moves To Include Diversity In Its Workforce – Set To Tie Executive Bonuses

Reportedly, McDonald’s (MCD) will be tying executive bonuses to new goals for diversifying the company and publicly releasing the demographic details of its workforce, for the first time. Under the new guidelines, McDonald's CEO Chris Kempczinski may lose 15% of his approximately $2.25 million an...

Feb 23, 2021 View Article

Verizon Foundation Donates $250K To Feeding Texas To Support Storm Hit Communities

As per reports, the Verizon Foundation (VZ) is contributing $250K to Feeding Texas to support relief efforts in communities across the state after a recent historic storm. The organization will use the funds to relieve hunger needs, which was further saddened by the storms. Verizon customers can con...

Feb 23, 2021 View Article

Walmart Reports Strong Q4 Revenue Growth But Saw Increased Costs

Walmart Stores, Inc. (WMT) reported improved Q4 revenue driven by strong e-commerce growth that increased during the COVID-19 pandemic. However, there was an increase in costs due to a pay hike for its frontline workers. The retailer reported adjusted EPS of $1.39 versus $1.50 estimate, revenue stoo...

Feb 19, 2021 View Article

Travelers Secures Score of 100 on 2021 Corporate Equality Index

Reportedly, The Travelers Companies, Inc. (TRV) has secured a score of 100 on the 2021 Corporate Equality Index, maintaining its position for the sixth consecutive year as a Best Place to Work for LGBTQ Equality. Corporate Equality Index (CEI) is a national benchmarking tool monitored by the Human R...

Feb 18, 2021 View Article

Boeing’s B. Marc Allen Joins P&G Board Of Directors

Reportedly, the Board of Procter & Gamble Company (PG) has appointed B. Marc Allen, chief strategy officer and senior VP of Strategy & Corporate Development at Boeing Company to its Board of Directors, effective February 10, 2021. Mr. Allen has been with Boeing since 2007 and is responsible ...

Feb 12, 2021 View Article

Nike Announces Quarterly Cash Dividend

As per reports, Nike Inc. (NKE) will pay a quarterly cash dividend of $.275 per share to all outstanding common stock shareholders of Class A & Class B as of March 1, 2021. The dividend is to be paid on April 1, 2021, as announced by the company's Board of Directors. NIKE, Inc. (NKE) is the wor...

Feb 12, 2021 View Article

Coca-Cola Introduces 100% Recycled Plastic Bottles In U.S.

As per reports, The Coca-Cola Company (KO) is introducing sodas in bottles made from 100% recycled plastic material in the United States, reducing its use of new plastic by more than 20% across its North American portfolio compared with 2018. The soda and beverage giant has been criticized for being...

Feb 12, 2021 View Article

Disney Surprises With Massive Rise In Disney+ Subscribers In Q1

The Walt Disney Company (DIS) reported its fiscal first-quarter earnings, riding high on its streaming services. Disney+ subscribers jumped to 94.9 million as of Jan. 2, an increase of 9% from 86.8 million on Dec. 2 and 258% from a year ago. The service is expected to post a bigger revenue boost in...

Feb 12, 2021 View Article

Coca-Cola Announces Q4 Earnings, Cost-Cut Helps The Beverage Giant MoveThrough Pandemic Times

Beverage Giant, Coca Cola (KO) reported Q4 earnings this week, exceeding estimates but realized lower revenues as the business has suffered due to the coronavirus pandemic. The Company worked on its workforce restructuring and slimmed down its portfolio to deal with the crisis. The company recorded ...

Feb 11, 2021 View Article

Home Depot Schedules Q4 & Fiscal 2020 Earnings Conference Call On February 23

The Home Depot (HD) to release its fourth-quarter & fiscal 2020 Earnings Conference Call at 9 a.m ET on Tuesday, February 23. A webcast of the call can be reached at http://ir.homedepot.com/events-and-presentations under the icon Fourth Quarter Earnings Conference Call. The same will be archived...

Feb 11, 2021 View Article

Coca-Cola’s South African Bottler To Revise Black Ownership Stake To 20%

As per reports, Coca-Cola Beverages South Africa (CCBSA) will increase the stake held by black empowerment investors and employees in the company to 20%, in a bid to meet merger conditions specified by competition authorities. The Coca-Cola Company and SABMiller Plc reached an agreement in 2014, un...

Feb 09, 2021 View Article

Walmart Continues To Strenghten Digital Ad Business Via Acquisition of PaperG

Reportedly, Walmart Stores, Inc. (WMT) to acquire the technology and assets of PaperG Inc., which does business as Thunder Industries and uses automation to create digital ads. Terms of the deal were not disclosed. The deal does not include Thunder's existing customer contracts but includes a major ...

Feb 09, 2021 View Article

The Home Depot Opens 1.5 million-square-foot Distribution Center In Dallas Creating 1,500 New Jobs

Reportedly, The Home Depot, Inc. (HD) has opened a new 1.5 million-square-foot distribution center in Dallas to fulfill its online orders and store orders. The store is designed to meet customers' delivery needs through various channels, including delivering items directly to customers' homes or fo...

Feb 04, 2021 View Article

Disney To Makeover Its Jungle Cruise Ride Over Critics Opinion Of Racist Depiction

As per reports, Disney’s (DIS) Jungle Cruise ride in California and Florida to get a makeover after critics accused the Jungle Cruise of displaying "negative depictions" of some cultures. Disney informed that the riverboat attraction would be updated to "reflect and value the diversity of the worl...

Feb 02, 2021 View Article

Walmart To Bolster Its Advertising Business, Eyeing Its Rival Amazon

As per reports, Walmart Inc. (WMT) is planning to expand its advertising business by adding space for its ads at its U.S. stores along with sharing its massive shopper data with brands. The retailer is looking to challenge its rival Amazon.com Inc. as a media powerhouse, with its vision of achieving...

Jan 29, 2021 View Article

McDonald’s Earnings Disappoint, As Extended Lockdown Flattened Sales

McDonald’s Corporation (MCD) reported quarterly profit and revenue this week, much below market estimates as the second round of pandemic lockdowns were announced in parts of Europe, hurting the business and affecting the company’s sales growth in the U.S. market too. The burger giant informed t...

Jan 28, 2021 View Article

Honeywell Selling Performance & Lifestyle Footwear Business to Rocky Brands For ~$230 Million

Reportedly, Honeywell (HON) has entered an agreement with a leading manufacturer of premium footwear and apparel, Rocky Brands to sell its performance and lifestyle footwear business for approximately $230 million, expected to close end of the first quarter of 2021. As per the agreement, Honeywell w...

Jan 27, 2021 View Article

Walmart To Announce Its Fiscal Q4 Earnings On Feb 18

Reportedly, Walmart Stores, Inc. (WMT) to announce its fourth-quarter financial results at 6 a.m. CST on Thursday, Feb. 18, 2021. The retailer's executive management team will conduct a virtual meeting at 7 a.m. CST following the results to discuss and review the results, along with an update on its...

Jan 27, 2021 View Article

McDonald’s Board Declares Quarterly Cash Dividend Payable March 15, 2021

The Board of McDonald’s Corporation has declared a quarterly cash dividend of $1.29 per share of common stock payable to all shareholders at the close of business on March 1, 2021, and payable on March 15, 2021. McDonald’s Corporation (MCD) is the leading global foodservice retailer with nearly...

Jan 26, 2021 View Article

McDonald’s UK Holds Walk-In Takeaways Amid New Lockdown Restrictions

As per reports, McDonald’s (MCD), UK is putting its walk-in takeaway services on temporary hold as the country has imposed new lockdown restrictions following the rising cases of Coronavirus in the country. The burger giant also informed that the dine-in meals will be unavailable temporarily. Driv...

Jan 12, 2021 View Article

P&G Promises To Advance Healthy Oral Care Habits Among People

As per reports, Procter & Gamble (PG) Oral Care is working to incorporate healthy oral care habits while reducing the impact on the planet through its new environmental sustainability commitments. The platform, "Healthy Smiles. Healthy Lives. Healthy Planet." in association with its oral care br...

Jan 12, 2021 View Article

P&G Terminates Merger With Billie Inc. Following FTC Lawsuit

As per reports, Procter & Gamble Co (PG) and Billie Inc. have decided to terminate their planned merger agreement, after the U.S. Federal Trade Commission filed a complaint last month aiming to stop the deal on the grounds that the merger would eliminate competition in the wet shave razor market...

Jan 10, 2021 View Article

Post-it® Brand From 3M Introduces New collection Noted

Reportedly, Post-it® Brand from 3M (MMM) has introduced a new collection of beautifully designed stationery and desktop accessories, Noted. The range offers products like notebooks, planner pads, list notes, acrylic trays, felt tip pens, and more. The new line brings the unmatched technology of Po...

Jan 08, 2021 View Article

Walmart Expands Its eCommerce Applications With Plug Power Driven Hydrogen & Fuel Cell Solutions

Reportedly, Plug Power, architect of modern hydrogen and fuel cell technology is expanding its relationship with Walmart Stores, Inc. (WMT) by supplying the retailer's e-commerce network with sustainable solutions. GenKey hydrogen and fuel cell solutions offer flexibility, scalability, and fast fuel...

Jan 07, 2021 View Article

Verizon & Hearst Television Reach Agreement On Terms

As per reports, Verizon Communications, Inc. has reached an agreement with Hearst Television to avoid a New Year's Day blackout of the broadcasting group's channels on Verizon's fiber-optic networks in the U.S, including Boston and Baltimore. The agreement also covers viewers in Manchester, New Hamp...

Jan 07, 2021 View Article

Discovery+ Streaming Service Launches In U.S On Amazon Fire TV, Roku…

Discovery Inc.’s new streaming service Discovery+ is set to launch in the United States this week on services and platforms like Amazon Fire TV and Roku. The media company has a U.S. distribution deal with Verizon Communications Inc. (VZ) that will make its service available to 50 million customer...

Jan 07, 2021 View Article

P&G Earnings Top Q2 Expectations – Raises Fiscal 2021 Outlook

The Procter & Gamble Company (PG) announced its fiscal second-quarter revenue this week with an 8% increase in revenue driven by the huge demand for its cleaning products and grooming tools, as the pandemic continued to impact consumer behavior. The consumer giant also raised its fiscal 2021 out...

Jan 05, 2021 View Article

Verizon May Stop Broadcasting Channels By Hearst Television

Reportedly, Verizon Communications Inc. (VZ) may stop broadcasting channels owned by Hearst Television next year as the company has been asking for higher rates to broadcast its channels on Verizon's fiber-optic networks. Verizon informed that Hearst TV, the owner of channels like WBAL-NBC in Balti...

Dec 31, 2020 View Article

The Home Depot Closes Previously Announced $8 Billion Acquisition Of HD Supply

As per reports, The Home Depot has completed the acquisition of HD Supply Holdings, Inc., for a total enterprise value (including net cash) of approximately $8 billion. The agreement to acquire HD Supply was announced on November 16, 2020. The deal is expected to position The Home Depot as a leadin...

Dec 28, 2020 View Article

Procter & Gamble To Provide Q2 Earnings On January 20

Reportedly, Procter & Gamble (PG) to release its second-quarter earnings on Wednesday, January 20, 2021, at 8:30 a.m. Eastern Time. Interested parties can reach the live webcast at www.pginvestor.com. The webcast will also be available for replay. The Procter & Gamble Company (PG), a Dow 3...

Dec 27, 2020 View Article

Disney’s Alan Horn Steps Down As Co-Chairman Walt Disney Studios But Continue As Chief Creative Officer

Reportedly, Alan Horn is stepping down as co-chairman of Walt Disney Studios (DIS) leaving Alan Bergman as the sole chairman effective Jan 1. Alan horn will continue as a chief creative officer of the company. The shift has come after the company announced that it was restructuring its media and ent...

Dec 27, 2020 View Article

Walmart Launches Easy Return Option For Its Customers

Walmart Stores, Inc. (WMT) customers can now easily schedule a return for a product bought in-store, online, or from a third-party vendor. The service can be reached either on the retailer's app or website, under its Carrier Pickup by FedEx service. Customers choosing to return a product can select ...

Dec 24, 2020 View Article

Coca-Cola Restructuring Plans Leads To Layoff Of 2,200 Jobs In Its Global Workforce

Reportedly, The Coca-Cola Company (KO) will cut about 2,200 jobs in its global workforce, with the bulk of the layoffs in the US, where it is expected to shed 1,200 jobs. The move is a part of the restructuring plan driven by the coronavirus pandemic. Approximately, half of Coca-Cola's sales typic...

Dec 22, 2020 View Article

Walmart Foundation To Donate $12 Million To Feeding America Ahead Of The Holiday Season

Reportedly, the Walmart Foundation will donate $12 million over two years to Feeding America to support families and individuals to meet their hunger needs during the challenging pandemic times and ahead of the holiday season. As per the nation’s largest hunger-relief organization, Feeding Americ...

Dec 21, 2020 View Article

Nike Reports Strong Q2 Earnings While Increasing Full-Year Sales Forecast

Sportswear giant, NIKE, Inc. (NKE) reported strong fiscal Q2 earnings, as its digital sales witnessed a boost amid the pandemic as people have been logging into Nike’s workout and store apps driving significantly higher online sales all year. Revenue increased about 9% to $11.24 billion in the se...

Dec 20, 2020 View Article

The Walt Disney To Conduct Annual Meeting Of Shareholders On March 9, 2021

As per reports, the Walt Disney Company to conduct its annual meeting of shareholders virtually on March 9, 2021, Tuesday (1:00 p.m. ET / 10:00 a.m. PT ). The meeting can be reached via webcast on the company’s website (www.disney.com/investors) Dow 30 Component, The Walt Disney Company (DIS)...

Dec 16, 2020 View Article

Airbnb Nasdaq IPO Opened At $146 Based On Strength of Q3 Demand

Travel Company, Airbnb (NASDAQ: ABNB) went public this week with its initial public offering (IPO) at $68 with a roughly $47 billion valuation. The trading opened on the Nasdaq at $146 per share this week, higher than its IPO price and valuing the company at more than $100 billion. While the company...

Dec 11, 2020 View Article

Shocker…Disney Increases Disney+ Price & Ups Subscriber Projections For 2024

As per reports and predictably so, the braintrust at The Walt Disney Company (DIS) is now set to raise your monthly subscription price for the Disney+ streaming service to $7.99 per month in March 2021, making it the first price hike since the service launched in November 2019. Basically, Disney is ...

Dec 10, 2020 View Article

Walmart Removing $35 Delivery Minimum On Website Purchases Expanding Benefits For Walmart+ Members

Reportedly, Walmart Stores, Inc. (WMT) is removing the $35 minimum order value for Walmart+ members to qualify for free shipping, as the retailer gears up for its holiday season and shoppers also seek to avoid crowds during the pandemic, pushing a surge in e-commerce sales. This year in mid-Septemb...

Dec 01, 2020 View Article

Nike Makes Double-Digit Boost To Quarterly Dividend Payable Dec. 29

As per reports, NIKE, Inc. (NKE) has increased its quarterly dividend by 12%, or 3 cents per share. The company informed in September that it expects sales in the second half of its fiscal year ending May 2021 to be "up significantly", as it bounces back from a drop earlier this year due to the pand...

Nov 24, 2020 View Article

Verizon & Apple Partner For Corporate 5G “Fleet Swap”

As per reports, Apple Inc (AAPL) and Verizon Communications (VZ) to launch a "Fleet Swap" program in which Verizon will subsidize the replacement of corporate customers' entire fleet of smartphones with any of Apple's iPhone 12 models (first family of phones with 5G networking capabilities) with "ze...

Nov 23, 2020 View Article

Walmart Reports Rising Profits As The Retailer Rides High On Online Sales

Reportedly, Walmart Stores, Inc. (WMT) released their quarterly earnings ending Oct. 31 beating market expectations as the retail giant reported a 79% surge in its online sales as spending on electronics, sporting goods, and groceries increased. Earnings Highlights: Sales at U.S. stores open at...

Nov 19, 2020 View Article

Home Depot Commits To Spend More Than $1B On Employees’ Compensation Annually

As per reports, The Home Depot, Inc. (HD) is committing to spend more than $1 billion on employees' compensation annually, as the company benefits from growth in demand for paints, tools and building materials due to the COVID-19 pandemic as options for travel or leisure activities have reduced. Peo...

Nov 19, 2020 View Article

The Walt Disney Company (DIS) Releases Positive Q4 Earnings Beating Expectations

The Walt Disney Company (DIS) reported strong Q4 earnings recording more than 73M paid subscribers to its Disney+ streaming service by the end of the quarter exceeding expectations. The company reported a loss per share of 20 cents, vs 71 cents expected and $14.71 billion in revenue in comparison to...

Nov 18, 2020 View Article

Home Depot To Acquire Industrial Goods Wholesaler HD Supply Holdings For ~$8B

As per reports, The Home Depot, Inc. (HD) is set to acquire industrial goods wholesaler HD Supply Holdings in a deal valued at about $8 billion. Home Depot will offer $56 per share in cash to HD Supply shareholders. HD Supply is one of the largest wholesale distributors in North America. The company...

Nov 17, 2020 View Article

Nike To Announce Q2 2021 Earnings Results On December 18

As per reports, sportswear giant NIKE, Inc. (NKE) to release Q2 fiscal 2021 financial results at 1:15 p.m. Pacific Time on Friday, December 18, 2020, after which the management team will host a conference call starting at 2:00 p.m. Pacific Time to discuss and review the results. The conference will...

Nov 16, 2020 View Article

Walmart To Host Q3 Earnings Call On Nov. 17, 2020

As per reports, Walmart Stores, Inc. (WMT) to host a live conference call with the Investors on Tuesday, Nov. 17, 2020, at 7 a.m. CST to review and discuss Q3 earnings results, 2021. The call will be hosted by Executive VP & CFO, Brett Biggs, and President & CEO, Doug McMillon. Interested p...

Nov 12, 2020 View Article

Walmart To Test Self-Driving Electric Cars Next Year For Contact-Less Delivery

As per reports, Walmart Stores, Inc. (WMT) to soon start testing contact-free delivery with Cruise, the only self-driving car company with a fleet of all-electric vehicles powered with 100% renewable energy early next year in Scottsdale, Arizona. For the pilot, “Customers can place an order fro...

Nov 11, 2020 View Article

McDonald’s To Launch “McPlant” in 2021

As per reports, McDonald’s Corporation (MCD) to introduce "McPlant" in 2021, a line of plant-based meat alternatives driven primarily by concerns over meat's effects on consumer's health, the environment, and also animal welfare. The fast-food giant to offer chicken substitutes, plant-based burger...

Nov 11, 2020 View Article

Disneyland Furloughs Additional Workers At Disneyland Parks

Reportedly, Walt Disney Co (DIS) announced the furloughing of additional workers from its Disneyland theme park in Southern California due to the continued uncertainty caused by the coronavirus pandemic. The number of furloughs was not disclosed and include executive, salaried, and hourly workers a...

Nov 11, 2020 View Article

Verizon Media & Walmart Come Together For Joint Holiday Campaign

As per reports, Verizon Media (VZ) and Walmart (WMT) have come together again for a Joint Holiday Campaign with their “30 Days of Savings” program offering a first look at hundreds of Walmart products to save time and money for shoppers along with assisted innovative commerce content. The initi...

Nov 10, 2020 View Article

Walmart To Sell Its Argentina Business To Grupo de Narvaez

Reportedly, Walmart Stores, Inc. (WMT) is parting away with its Argentina business, which started in 1995, to local investor Grupo de Narvaez, that runs food, clothing, and consumer goods retail businesses in Latin American countries. The value of the transaction was not known, but Walmart to record...

Nov 09, 2020 View Article

McDonald’s Beats Q3 Wall Street’s Estimates

Reportedly, burger giant McDonald’s Corporation (MCD) reported Q3 earnings beating market estimates, as customers continued to order through drive-thru outlets and delivery apps amid the pandemic. The company’s promotional deal with rapper Travis Scott also pushed sales. The company’s total r...

Nov 09, 2020 View Article

Disney Pushes Back Release Date of Agatha Christie Novel Based Film “Death on the Nile”

Reportedly, The Walt Disney Company (DIS) has taken off the release of the Adventure movie “Death on the Nile” from the holiday calendar. It is the latest film to be pushed back as the entertainment industry grapples to get back to business amid the Covid-19 pandemic. The film was due to open in...

Nov 08, 2020 View Article

Walmart Scrapping Robotic Plans

Reportedly, Walmart Stores, Inc. (WMT) has scrapped plans to use robots to keep track of its inventory and scan shelves. The retailer ended its partnership with Bossa Nova Robotics Inc. dropping its long efforts to automate the task and make the job easier for staff. The shelf-scanning robots were ...

Nov 03, 2020 View Article

Procter & Gamble Sees Demand for Cleaning & Laundry Products – Beats Estimates- Increases Guidance

The Procter & Gamble Company (PG) reported a 9% increase in fiscal first-quarter earnings, driven by demand for its cleaning and laundry products during the coronavirus pandemic, as per reports. The company also raised its sales outlook and expectations for fiscal 2021. An EPS of $1.63 was repo...

Oct 28, 2020 View Article

McDonald’s Reports Improved Q3 Global Sales, Announces Increase In Quarterly Dividend

Fast food giant, McDonald’s Corporation (MCD) reported Q3 earnings, this week performing better than the previous quarter as drive-thru orders increased and special promotions recorded sales to the double-digit percentage increase in September. Comparable sales plunged 24% in Q2r as dining option...

Oct 15, 2020 View Article

Walmart Revamps Black Friday Savings & Deals, Offering A Different Shopping Experience

Reportedly, Walmart Stores, Inc. (WMT) is planning to spread out its Black Friday savings this year from one single day to three events bringing customers "Black Friday Deals for Days." The newly introduced promotion will offer Walmart shoppers reduced prices during three separate savings events acr...

Oct 14, 2020 View Article

Walmart Expects To Mark A $2.5B Non-Cash Loss On Asda

As per reports, Retail giant Walmart Stores, Inc. (WMT) is expected to mark a non-cash loss of $2.5 billion this fiscal year, as a result of the sale of Asda, its British supermarket chain. Founders of petrol station operator EG Group, and private equity firm TDR Capital, the billionaire brothers...

Oct 08, 2020 View Article

Disney To Lay-Off 28k Employees At Its U.S Theme Parks

As per reports, The Walt Disney Company (DIS) to cut off nearly 28k employees at its U.S theme parks due to limited visitor capacity, and uncertainty on when the pandemic would end. The layoff will comprise of "domestic employees" out of which 67% are part-time employees. All of the company's parks ...

Oct 08, 2020 View Article

J&J Shelling Out More Than $100M Talc Lawsuits

As per a Bloomberg report, Johnson & Johnson (JNJ) to pay more than $100 million in legal charges in order to settle over 1,000 lawsuits that claim that the company's Baby Powder causes cancer. J&J is under more than 19,000 lawsuits from its talcum powder users claiming its talc products cau...

Oct 08, 2020 View Article

McDonald’s Launches New Nationwide McCafé Bakery Menu Items

As per reports, McDonald’s Corporation (MCD) has launched a new Apple Fritter, Blueberry Muffin, and Cinnamon Roll to its McCafé Bakery lineup, starting October 28. The new menu items will be available all day at participating restaurants nationwide along with the other McCafé cookies and pies. ...

Oct 08, 2020 View Article

Coca-Cola To Enter U.S Alcohol Market With Topo Chico Hard Seltzers

Beverage giant, the Coca-Cola Company (KO) to set its foot in the U.S alcohol market with the alcoholic version of Topo Chico sparkling water in partnership with beer giant Molson Coors Beverage Co, as per reports. The launch will be the company’s first alcoholic drink in the country, expanding it...

Oct 08, 2020 View Article

Coca-Cola To Release Q3 2020 Financial Report On Oct. 22, 2020

Dow 30 component, The Coca-Cola Company (KO) announced the release of its Q3 2020 earnings report will be on Oct. 22, before the market opens. Interested parties can reach the event at www.coca-colacompany.com/investors. Dow 30 Component, The Coca-Cola Company (KO), is the largest total beverage ...

Sep 27, 2020 View Article

The World Is Changing As Walmart & Goldman Sachs Now Offering Online Sellers Business Credit Lines

Walmart Stores, Inc. (WMT) is teaming up with Goldman Sachs (GS) to offer business credit lines to small and medium-sized businesses selling on Walmart. The offer is being made by Marcus, Goldman’s online consumer banking unit, as per reports. Initially, sellers can access lines of credit between ...

Sep 24, 2020 View Article

A Must Read: “Stay Safe: A Physician’s Guide to Survive Coronavirus” – A Resource That Will Help Protect Your Family Against the Coronavirus

Unfortunately, there are currently over 31.5 million confirmed coronavirus cases worldwide and over 967,000 related deaths! Recently, the director of the Centers for Disease Control and Prevention told lawmakers that he doesn't expect a potential COVID-19 vaccine to be available for most Americans...

Sep 23, 2020 View Article

McDonald’s To Expand Restaurants In Far East Russia

As per reports, Global fast-food giant McDonald’s Corporation (MCD) is expanding in far east Russia in December with restaurants in cities like Khabarovsk and Vladivostok. The total number of restaurants to be opened was not confirmed however, the first phase is expected to create around 300 jobs....

Sep 17, 2020 View Article

McDonald’s To Shift Its North American Financial Systems To Oracle’s Cloud

Reportedly, McDonald’s Corporation (MCD) to shift some of their work to Oracle's cloud computing services. McDonald's will move its North American financial systems to Oracle's cloud, as per reports. Oracle is also trying to mobilize mature independent software firms to its cloud business to comp...

Sep 17, 2020 View Article

Walmart Introduces Extended Benefits To Customers With Its Walmart+ Program

Walmart Stores, Inc. (WMT) announced its new membership program Walmart+, offering in-store and online benefits to its customers, including free delivery, fuel discounts, and no checkout lines. The subscription will cost $98 a year or $12.95 a month and will be available to all U.S.-based customers ...

Sep 14, 2020 View Article

Walmart Partners With Zipline For Testing On-Demand Drone Deliveries

Dow 30 component Walmart Stores, Inc. (WMT) is teaming with Zipline to test its drone delivery testing, the future of on-demand delivery. The testing to start early next year near Northwest Arkansas beginning with Walmart’s “select health and wellness products with the potential to expand to ...

Sep 14, 2020 View Article

Nike Bringing Sports Science To Maternity Apparel With Nike (M)

Reportedly, NIKE, Inc. (NIKE) has stepped into the maternity clothing market under Nike (M). The new launch aims to bring in sports science to maternity apparel, emphasizing style and performance. Nike began research on the needs of expecting mothers three years ago reviving data from more than 150,...

Sep 10, 2020 View Article

John Standley Appointed As The President Of Walgreens

As per reports, Walgreen Boots Alliance (WBA) Inc, has appointed John Standley as President of Walgreens leading all Walgreens operations and overseeing the development, growth, and management of the business. Interim President, Alex Gourlay to continue in his role as Co-Chief Operating Officer lead...

Sep 10, 2020 View Article

Walmart To Test A Pilot Project To Gear Up Delivery Business

Reportedly, Walmart Stores, Inc. (WMT) to test a pilot project to gear up its delivery business for the delivery of products with automated drones along with Flytrex, an end-to-end delivery firm. The test is expected to start in the second week of September in Fayetteville, North Carolina with cloud...

Sep 10, 2020 View Article

Coca-Cola To Offer Voluntary Exits Amid Its Restructuring Plans

Reportedly, The Coca-Cola Company (KO) halves its operating units and offers a voluntary exit to 4,000 workers including, the U.S as, the beverage maker battles with declining sales reporting a 28% drop in sales in the last quarter of the year driven by coronavirus-led closures of restaurants, sport...

Aug 31, 2020 View Article

Walmart Eyeing Online Revenue With TikTok Bid In Partnership With Microsoft

Walmart Stores, Inc. (WMT) proposed the purchase of popular short-form video app TikTok in partnership with Microsoft Corp, which could turn the retailer into an online advertising leader, analysts predict. The purchase would equip Walmart to compete with retail giants like Amazon.com Inc, Facebook...

Aug 29, 2020 View Article

Alfredo Rivera Succeeds Dinkins As The New President Of Coca-Cola North America!

As per reports, Alfredo Rivera is succeeding Jim Dinkins as the new president of The Coca-Cola Company (KO) North America, effective immediately. Jim Dinkins, 58 is retiring after more than three decades of service with the company. Dinkins joined Coca-Cola in 1988 and served in a series of success...

Aug 28, 2020 View Article

Walmart To Host Free Online Wellness Event Featuring Patti LaBelle, Dr. Juan Rivera & Dr. Christine Crawford This Weekend

As per reports, Walmart Stores, Inc. (WMT) is conducting a three-day event featuring insight from singer Patti LaBelle, cardiologist Dr. Juan Rivera and psychiatry expert Dr. Christine Crawford helping its customers to live better and healthy from the comfort of their homes. Walmart Wellness Live, a...

Aug 27, 2020 View Article

Walmart To Treat Its Customers To Its First-Ever Drive-In!

Reportedly, Walmart Stores, Inc. (WMT) to open its parking lots for the Walmart Drive-in movie theater experience across its 160 stores starting this month, in partnership with the Tribeca Film Festival. The service will be available for free to its customers starting from August 14 through October ...

Aug 26, 2020 View Article

Procter & Gamble Rides High On Q4 Sales, As Cleaning Products Sees Increased Demand Amid Covid-19 Pandemic

The Procter & Gamble Company (PG) reported strong Fourth-Quarter revenue (ending June 30) as sales for consumer goods like Tide laundry detergent and Mr. Clean products surged amid the COVID-19 lockdown witnessing higher organic sales. “There may be a long term increase focused on home — ...

Aug 20, 2020 View Article

3M Releases July 2020 Sales Report Confirming Broad Based Improvement

3M (MMM) released its sales report for July 2020, reporting broad-based improvement in sales trends across businesses and geographies. Total Sales of $2.8 billion reported(a 6% increase year on year). Organic local-currency sales witnessed a growth of 3 percent year-on-year. Sale Figures: Total...

Aug 20, 2020 View Article

Walmart & Instacart Partner For Grocery Delivery In Los Angeles, San Francisco, San Diego, and Tulsa

As per reports, Walmart (WMT) grocery shopping can now be done via Instacart app in some U.S. cities offering same-day delivery, as Instacart starts its pilot delivery program in Los Angeles, San Francisco, San Diego, and Tulsa with Walmart. In June, the company had raised 225 million in a new fu...

Aug 20, 2020 View Article

Disney Surprised With Quarterly Earnings As Streaming Surges- Disney+ Had 60.5M Subscribers As of Aug. 3

The Walt Disney Company (DIS) reported third-quarter earnings recently and announced the premiere of "Mulan” on Disney+ in some markets. Disney reported earnings of 8 cents a share and revenue of $11.78 billion, witnessing a drop of 42%. Other Earning Highlights: Disney parks revenue dropped ...

Aug 20, 2020 View Article

Walmart Announces Second-Quarter Earnings Release Date

As per reports, Walmart Stores, Inc. (WMT) to host the Q2 2020 earnings conference call on Tuesday, August 18, at 7 a.m. CDT. President and CEO, Doug McMillon along with Brett Biggs, executive vice president, and the chief financial officer will host the event to discuss and review the results. Th...

Aug 10, 2020 View Article

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