PepsiCo plans to cut prices and eliminate some of its products under a deal with an activist investor announced Monday. The Purchase, New York-based company, which makes Cheetos, Tostitos and other Frito-Lay products as well as beverages, said it will cut nearly 20% of its product offerings by early next year. PepsiCo said it will … Read more
(RTTNews) – British miner Anglo American PLC (AAL.L, AAUKY.PK) announced that its planned merger with Teck Resources Limited (TECK, TECK_A.TO, TECK_B.TO) has received the approval from both companies’ shareholders. The completion of the proposed merger of equals to form Anglo Teck Group remains subject to customary conditions including approval under the Investment Canada Act and … Read more
Sales at the videogame retailer drop more than 4%. #GameStops #bitcoin #holdings #sales #slide
HSBC downgrades Biogen stock rating to Reduce on royalty concerns #HSBC #downgrades #Biogen #stock #rating #Reduce #royalty #concerns
Client Challenge JavaScript is disabled in your browser. Please enable JavaScript to proceed. A required part of this site couldn’t load. This may be due to a browser extension, network issues, or browser settings. Please check your connection, disable any ad blockers, or try using a different browser. #Client #Challenge
The stock market pulled back once again on Monday after the S&P 500 neared its highest close on record. The S&P 500 fell 0.4%. The Dow Jones Industrial Average dropped 216 points, or 0.5%. The Nasdaq Composite dropped 0.1%. For the second trading day in a row, the S&P 500 moved within striking distance of … Read more
Key Points The Magnificent Seven technology stocks have powered the S&P 500 through this bull market so far — that’s because investors like their solid, well-established businesses and their promise in the high-potential artificial intelligence (AI) market. Some are bigger AI players than others, but they all are participating to some degree in this technology. … Read more
As bitcoin climbed on Tuesday, Standard Chartered said it now expects the crypto to end the year higher at $100,000. However, that marks a sharp revision down from its previous year-end target of $200,000. #bank #halved #bitcoin #price #target #Heres
Morning Bid: Dazed yen hogs limelight before Fed #Morning #Bid #Dazed #yen #hogs #limelight #Fed
Client Challenge JavaScript is disabled in your browser. Please enable JavaScript to proceed. A required part of this site couldn’t load. This may be due to a browser extension, network issues, or browser settings. Please check your connection, disable any ad blockers, or try using a different browser. #Client #Challenge