As Americans contend with rising prices and bearish markets, they are undoubtedly thinking about ways to put a few extra dollars in their pockets. Well, here’s one that just netted Read more
Tag: PepsiCo Inc.
Ford exits Russia with joint-venture sale, but Moral Rating Agency slams ‘escape clause’
Ford Motor Co. is exiting its operations in Russia — which it had previously suspended — with the sale of its minority stake in a joint venture to manufacture commercial Read more
Coca-Cola’s third-quarter profit and revenue bode well for beverage stocks, says analyst
Coca-Cola reported better-than-expected profit and revenue before the opening bell on Tuesday, the latest set of positive numbers from the beverage industry. The company’s stock rose 1.26% after the third-quarter Read more
Why hopes for a Fed ‘pivot’ could be off-base, once again, based on a long history of inflation
Five times in the past year, investors and traders hoped the Federal Reserve would shift to an easier policy stance at some point and were wrong. While it remains to Read more
Why risk of lower 2023 earnings spells bad news for stock market as inflation crushes Fed-pivot hopes
Unrelenting inflation has dashed hopes for a quick pivot away from aggressive interest rate hikes by the Federal Reserve, which in turn is undermining the U.S. corporate earnings outlook for Read more
PepsiCo stock jumps after profit and revenue beats, raised outlook
Shares of PepsiCo Inc. rallied Wednesday, after the beverage and snack giant reported third-quarter profit and revenue that rose above expectations and raised its full-year outlook, as higher prices helped Read more
S&P 500 would be in an ‘earnings recession’ if not for this one booming sector — but that may not last long
Fears of an actual recession are weighing on investors near the end of 2022, but there is another type of recession also in sight: an earnings recession. The S&P 500 Read more
Tesla to deliver first Semi Trucks to PepsiCo. in December, Elon Musk says
Tesla Inc. has started production of its long-awaited all-electric Semi Truck and will make its first deliveries to PepsiCo Inc. in December, Chief Executive Elon Musk said late Thursday. “Excited Read more
U.S. companies, including PepsiCo, accused of ‘moralwashing’ in statements about Russia
A host of companies has been accused of making statements about Russia that “look better than their actions,” according to the Moral Rating Agency. The Moral Rating Agency has published Read more
Kremlin could seize Russian assets of U.S. companies, warns Moral Rating Agency
The Russian assets of major global corporations could be seized by the Kremlin amid the ongoing fallout from Russia’s invasion of Ukraine, according to new research. With the war now Read more
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