PepsiCo Inc.
Jim Cramer’s week ahead: CPI data and earnings from Delta, Domino’s and major banks
CNBC’s Jim Cramer reviewed next week’s top market-moving action, highlighting new consumer price index data and a slew of earnings reports as the season begins, including ones from Delta, Domino’s and several major banks. He also noted the stocks rally on Friday as Wall Street celebrated better-than-expected job creation last month. “A market that appreciates […]
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Stock market next week: Investors wonder what’s to come after tumultuous October start
The rocky start to October trading has left Wall Street wondering what can boost stocks in the near-term. The three major averages eked out modest gains after a wobbly week. The Dow Jones Industrial Average and Nasdaq Composite each added 0.1% on the week, while the S & P 500 rose 0.2%. Stocks struggled this […]
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PepsiCo to buy tortilla chip maker Siete Foods for $1.2 billion
Siete Foods Tortilla Chips Courtesy: Siete Foods PepsiCo said Tuesday that it’s buying Mexican-American food company Siete Foods for $1.2 billion, marking the company’s first food acquisition in roughly five years. Like many food companies, Pepsi has been trying to shift its portfolio to include healthier options in recent years, usually through acquisitions. Recent additions […]
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Kamala Harris wants to take on price gouging. It’s hard to find agreement on what it even is
Democratic presidential candidate Vice President Kamala Harris and her husband, Doug Emhoff, stop at a Sheetz gas station in Coraopolis, Pennsylvania, on Aug. 18, 2024. Angela Weiss | AFP | Getty Images As she unveiled her most detailed economic plan yet this week, Democratic presidential nominee Kamala Harris pledged to fight price gouging in order […]
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10 things to watch in the stock market Friday including a bullish call on Best Buy
10 things to watch Friday, Sept. 27 1. The S & P 500 was looking at a slightly higher open Friday after another record high close. The 10-year Treasury yield was finally lower following a tame August reading on the Fed’s favorite inflation gauge, the PCE price index. With just a couple trading days left […]
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Stocks making the biggest moves premarket: FedEx, Chewy, Trump Media and more
Check out the companies making headlines before the bell. Nike — Shares rose 6% after the athletic apparel company announced CEO John Donahue would be retiring from the position . Company veteran Elliott Hill will be coming out of retirement to take the position. FedEx — Shares of the shipping giant shed more than 13% […]
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Nelson Peltz steps down as chair of Wendy’s board, starting a new era for burger chain
Nelson Peltz speaking at the 2019 Delivering Alpha conference in New York on Sept. 19, 2019. Adam Jeffery | CNBC Nelson Peltz is stepping down as chair of Wendy’s, ending a 17-year reign at the fast-food chain. Wendy’s said Friday that the change is effective immediately. Peltz’s exit comes as low-income consumers eat out less, […]
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88 corporate leaders endorse Harris in new letter, including CEOs of Yelp, Box
U.S. Vice President and Democratic presidential candidate Kamala Harris speaks at a campaign event at the Throwback Brewery, in North Hampton, New Hampshire, on September 4, 2024. Joseph Prezioso | AFP | Getty Images WASHINGTON — Eighty-eight current and former top executives from across corporate America have endorsed Vice President Kamala Harris for president in […]
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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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Beyond Meat to launch new steak alternative as it focuses on health
Beyond Meat in El Segundo, California, on May 30, 2024. Christina House | Los Angeles Times | Getty Images Beyond Meat will introduce a whole-muscle steak alternative as part of its pivot to win over health-conscious consumers. CEO Ethan Brown said on Wednesday that the rollout will likely include a partnership with a restaurant chain […]
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