Molson Coors Beverage Co
These oversold stocks are due for a bounce after a tough start to 2025
Several stocks are primed for a bounce after recent weakness at the turn of the new year. Although the market had a strong run in 2024 that saw the S & P 500 notch its second consecutive annual gain exceeding 20%, the major U.S. indexes closed lower in the final trading days of 2024 and […]
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Stocks making the biggest moves midday: Rivian Automotive, Anheuser-Busch Inbev, Ford and more
Check out the companies making headlines in midday trading. Rivian Automotive – Shares popped 19% after the electric vehicle maker’s vehicle production and deliveries for 2024 met the company’s previously announced guidance. This comes after the company had lowered its production target for the full year in October. U.S. Steel – Shares fell 6% following […]
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U.S. surgeon general calls for cancer risk warnings on alcohol labels
A customer drinks a glass of beer at the Saxton Pub in Austin, Texas, April 5, 2023. Brandon Bell | Getty Images The U.S. surgeon general issued a new advisory warning Friday about the link between alcohol consumption and increased cancer risk, and pushed for policy changes to help reduce the number of alcohol-related cancers. […]
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Retailers brace for DEI blowback in lead-up to election, holiday shopping season
A sign disparaging Bud Light beer is seen along a country road on April 21, 2023 in Arco, Idaho. Anheuser-Busch, the brewer of Bud Light has faced backlash after the company sponsored two Instagram posts from a transgender woman. Natalie Behring | Getty Images Retailers are facing a tough equation as they head into the […]
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Election next week holds big implications for stock market, especially the control of Congress
A split or united government coming out of a consequential U.S. presidential election next week could hold the key to how stocks perform going forward. The Nov. 5th election is set to remove a critical overhang for markets, which have had trouble pricing in a victory for either former President Donald Trump or Vice President […]
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Civil rights groups call on Fortune 1000 companies to stop ‘abandoning DEI’
Twenty civil rights organizations sent a letter Thursday to Fortune 1000 companies calling for them to recommit to diversity, equity and inclusion, after several major companies scaled back their efforts. The call to action comes after businesses including Ford, Tractor Supply, Brown-Forman announced plans to change or entirely end internal DEI initiatives. “Abandoning DEI will […]
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The Cowboys are worth $11 billion. Here’s how Dallas went from losing $1 million a month to topping the NFL in value
DaRon Bland, #26 of the Dallas Cowboys, celebrates after an interception returned for a touchdown in the game against the Washington Commanders during the fourth quarter at AT&T Stadium in Arlington, Texas, on Nov. 23, 2023. Ron Jenkins | Getty Images When Jerry Jones plunked down $150 million to buy the Dallas Cowboys in 1989, […]
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Molson Coors pumps the brakes on DEI practices
Coors beer is displayed on a store shelf on February 13, 2024 in San Rafael, California. Justin Sullivan | Getty Images Molson Coors is the latest addition to a growing list of companies reversing their diversity, equity and inclusion policies. In an internal memo sent Wednesday and obtained by CNBC, Molson Coors executives said the […]
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Stocks making the biggest moves midday: Kenvue, Caterpillar, Uber, CrowdStrike and more
Check out the companies making the biggest moves midday: Kenvue — The maker of Band-Aid bandages rallied 14% after beating analysts’ estimates for its second quarter. Kenvue, which spun off from Johnson & Johnson last year, posted adjusted earnings of 32 cents per share, versus the 28 cents expected from analysts polled by FactSet. Revenue […]
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Daily marijuana use surpasses alcohol consumption, new study finds. Here’s what it means for the booze business
In this photo illustration, dried cannabis flowers are displayed on April 30, 2024 in San Anselmo, California. The U.S. Drug Enforcement Administration (DEA) announced plans to reclassify marijuana as a less dangerous drug and designate it a Schedule III controlled substance instead of a Schedule I drug where it is currently listed. Justin Sullivan | […]
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