Microsoft has partnered with Unilever, Starbucks, Nike, and a handful of other global companies that seem to have little in common with established plans to reduce carbon pollution, and what its executives say is a willingness to teach others how to achieve emissions. net zero. 2050. The companies, which also …
Read More »Tesla’s stock options are priced for an unusually large move after earnings, but odds are against bettors
Tesla Inc.’s stock options imply a one-day post-earnings movement that is more than 60% higher than the historical average, but the odds are currently against investors willing to bet on such unusual volatility. The electric vehicle maker plans to report second-quarter results after Wednesday’s closing bell. The average estimates for …
Read More »Coca-Cola plans to remove ‘zombie brands’ from its portfolio
Coca-Cola Co. says it will streamline its portfolio, cutting what it calls “zombie brands” to focus on more successful brands and smaller names with potential. According to James Quincey, CEO of Coca-Cola KO, + 2.34% Many of the company’s 400 “master brands” are located in one country and represent only …
Read More »Analyst says IBM stock earnings after earnings exceed, but “really important things” could be better
Shares of International Business Machines Corp. rose on Tuesday after the company beat expectations for the June quarter, but analysts did not give the company too much credit for clearing a low level. Mused Moffett, Nathanson analyst, Lisa Ellis: “We are still working to achieve the correct semantics: when companies …
Read More »AstraZeneca Covid-19 data looks positive, but falls short of last week’s hype
Text size Jason Alden / Bloomberg Data on the Covid-19 vaccine in development by AstraZeneca and the University of Oxford published in The Lancet on Monday looked positive, but the stock fell after rising last week due to high expectations for the data. Shares of the US deposit receipt for …
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