Jim Cramer is seeing some good signs in the economy right now. Could they be the perfect ingredients for a Santa Claus rally?» Read More
Jell-O has lost its jiggle and nobody knows how to fix it.
Some of Tuesday's midday movers:
Joining rivals, McDonald's plans to start selling its packaged coffee at supermarkets nationally by early next year.
NEW YORK, Aug 14- Keurig Green Mountain Inc said on Thursday it will hike coffee prices by up to 9 percent in November, becoming the latest major drinks maker trying to cover soaring coffee costs.
Once these stocks were considered reliable and consistent. But Jim Cramer says business has changed and changed for the worse.
Cramer thinks many of the nation’s largest companies are grappling with slow growth and the challenges it presents. What now?
Sentiment on the ground isn't meshing with the official data when it comes to inflation.
Aug 6- Mondelez International Inc, the maker of Cadbury chocolate and Oreo cookies, cut its 2014 sales target on Wednesday after price hikes to cover commodity costs sparked a backlash by consumers and retailers in some European markets. Mondelez also reported higher net income in the second quarter, topping Wall Street estimates.
Companies across industry groups—from food to technology to health care—are raising costs for the consumer.
*Investors fret over Argentina default fallout, Russia tensions. Problems in overseas economies added to the bearish tone, with Argentina defaulting on its debt for the second time in 12 years.
Stocks declined Thursday, with sentiment hit by a larger-than-expected drop in European inflation.
Some of the names on the move ahead of the open.
NEW YORK, July 30- Kraft Foods Group Inc said on Wednesday that its second-quarter revenue barely rose as price increases it implemented to cover rising commodity costs hurt consumer demand.
Check out which companies are making headlines after the bell Wednesday: Whole Foods, Yelp, Weight Watchers & more.
NEW YORK, July 30- Kraft Foods Group Inc said on Wednesday that its second quarter net income fell 42 percent from a year ago when the company benefited from a gain tied to employee pensions, and its sales barely increased as the company faced challenging consumer and economic trends.
NEW YORK, July 30- Kraft Foods Group Inc said on Wednesday that its second quarter net income fell to $482 million, or 80 cents per share, from $829 million, or $1.38 per share, a year ago, when the company benefited from a significant gain tied to its post-employment benefit plans.
A crush of big cap earnings and arguably the most important economic reports until September make next week the busiest of the summer for markets.
Investors are honed in on consumer companies that use cocoa as a raw ingredient to see how they manage costs to protect the bottom line.
July 22- Omnicom Group Inc, the No.1 U.S. advertising company, said it was sticking with its annual organic revenue growth target, showing little effect from its aborted $35 billion merger with France's Publicis Groupe. Omnicom shares, which have gained 9 percent since the deal fell apart in May, rose as much as 1.4 percent on Tuesday.
Earnings/shr $1.20 vs est $1.17. July 22- Omnicom Group Inc, the largest U.S. advertising company, reported better-than-expected quarterly revenue and profit as ad spending rose, particularly in the United States.