Text size Justin Sullivan / Getty Images Coca-Cola shares are rising early Wednesday morning, a day after launching better-than-expected earnings. The reason: An update from Morgan Stanley, which argues that stocks have become too cheap. Analyst Dara Mohsenian raised its rating on Coca-Cola (ticker: KO) shares to Equal Weight’s Overweight, …
Read More »The outbreak at the Iowa pork plant was larger than the reported state
One of the first coronavirus outbreaks at an Iowa meatpacking plant was more serious than previously known, with more than twice as many workers infected than the Iowa Department of Public Health publicly confirmed. By RYAN J. FOLEY Associated Press July 22, 2020 8:47 PM 5 min read Share on …
Read More »We never authorize bars to reopen
EAST AURORA, NY (WKBW) – Governor Andrew Cuomo is targeting bars across the state that he says are breaking the rules and causing a lot of frustration for local business owners. “We are a brewery first and it has been a challenge for all of our employees and all of …
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 »Tesla’s prayer for profit, profit tests for Intel and Microsoft highlight first big week of profit contaminated with coronavirus
To date, this earnings reporting season has lived up to expectations that it will be the worst since the depths of the 2008 financial crisis, but a number of big names could offer better news in the coming week. Tesla Inc. TSLA, + 0.01%, Microsoft Corp. MSFT, -0.51%, and Intel …
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