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 »Impossible sausage is coming to Burger King. Which means beyond the meat.
Text size The impossible sausage, served as a croissant sandwich. Courtesy of Burger King. Beyond meat‘s Impossible Foods is launching its fake sausage product in Burger King, a signal to investors that interest in alternative protein remains high and that competition within the burgeoning industry remains strong. Burger King, owned …
Read More »Beyond the meat stock it is cut to sell to buy. Why a bullish changed his mind.
Text size Drew Angerer / Getty Images An old bull in Beyond Meat stock cut its Buy-to-Sell equivalent rating, bypassing Hold and joining most Wall Street analysts who are lukewarm or cold toward the fake meat startup. Analysts do not usually downgrade stocks. Stocks are usually down one notch at …
Read More »Beyond Meat Stock gets a double discount, to sell
Text size Drew Angerer / Getty Images An old bull in Beyond Meat stock cut its Buy-to-Sell equivalent rating, bypassing Hold and joining most Wall Street analysts who are lukewarm or cold toward the fake meat startup. Analysts do not usually downgrade stocks. Stocks are usually down one notch at …
Read More »Here’s the impact on revenue Facebook will take when Diageo and Starbucks join the list of companies pulling ads from the platform.
Facebook shares fell in pre-market trading on Monday, after Diageo and Starbucks became the latest companies to stop advertising on social media platforms for ineffective surveillance of hate speech. Shares of the social networking company FB, -2.48%, which operates Instagram and WhatsApp, in addition to its eponymous platform, fell more …
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