PepsiCo Reportedly Moves To Overhaul North American Supply Chain To Strike Peace With Activist Elliott
As per a report from Bloomberg, the review of the supply chain is among a number of steps the company is taking to reach a settlement with Elliott who built a nearly $4 billion stake in the beverages and snack company in September.
As AI-fueled markets show bubble risks, defensive ETFs like XLP, XLU, and XLV offer investors stability and downside protection.
Zacks·2mo ago
If the AI Bubble Bursts, Here Are Some Defensive ETFs to Consider
As AI-fueled gains spark bubble warnings, investors are eyeing defensive ETFs in consumer staples, utilities and healthcare for safety.
Zacks·2mo ago
Philip Morris Seeks FDA Approval To Keep IQOS Modified Risk Designation For Later Versions Of Device
The modified risk tobacco product designation granted by the FDA initially in 2020 allowed the company to advertise IQOS’ perks.
Stocktwits·2mo ago
Campbell’s Gains Wall Street Confidence With Multiple Price Target Hikes, Retail Chatter Surges
Bernstein raised its price target on Campbell's to $39 from $38 and noted that the company appears to be taking the right steps to revitalize the portfolio, investing in brand support and innovation.
Stocktwits·3mo ago
Kraft Heinz Nears Deal To Separate Grocery And Sauces Businesses: Report
The Wall Street Journal reported on Friday that a transaction could be announced as early as next week.