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Among companies that advertised during the big game, these generated the highest positive social media activity as measured by LikeFolio.
General Motors announced last year it was getting into the electric bike business. Now, GM has given this new brand a name — ARĪV — as well as names for its two electric bikes, and some information about its go-to-market plan. The name ARĪV was selected as part of a global crowdsourcing campaign announced in November 2018. GM is bringing two new electric "connected" bikes to market this year — one folding and one compact — as it makes a broader push into electrification and experiments with how to diversify its business of making and selling vehicles.
U.S. stocks extinguished gains during pre-market trading as much weaker-than-expected data for retail sales outweighed earlier optimism over trade deal progress.
Coca-Cola shares have their worst day in over a decade, Apple gets ready to launch a video streaming service. And the role of Netflix in modern relationships.
Marijuana stocks and related ETFs caught investors' attention last year, courtesy of its mysterious rally in mid-2018 on Canada's legalization of recreational marijuana in October. Let's take a look at whether the space will be able to maintain its rally in 2019.
Shares of (KO) (KO), which fell into negative territory for the year Thursday after the company reported a 2019 outlook that disappointed investors, held their ground early Friday. Coca-Cola’s shares were recently about flat at $45.72. Indeed, Wall Street’s outlook for Coke’s shares has so far held fast since its latest earnings report.
The backing from Amazon will bolster Michigan-based Rivian’s plans to bring an electric truck to market in late 2020. Rivian remains in talks with General Motors Co. about the largest U.S. automaker making an investment or collaborating another way, people familiar with the matter said. Chief Executive Officer R.J. Scaringe said in his first interview since reports of Rivian’s talks with Amazon and GM surfaced earlier this week that he was seeking companies that could help the electric-vehicle maker grow.
PepsiCo’s Earnings Outlook Is Weak, Stock Up on Dividend HikeFourth-quarter performance On February 15, PepsiCo (PEP) reported its fourth-quarter results, which were in line with analysts’ expectations. The company’s revenues of $19.5 billion
It was the first quarterly report for the company under the leadership of Ramon Laguarta, a company veteran who took over as chief executive officer in October. In the face of global economic uncertainty and signs that U.S. consumers’ confidence is slipping, PepsiCo said core earnings would decline this year. The company attributed this to increased marketing spending, the cost of more delivery drivers for its Frito-Lay unit in North America and charges related to an expanded cost-cutting program that will include potential job cuts and plant closures.
(PEP) (PEP) reported results Friday that matched analysts’ estimates, sending the stock up 2.5%, to $115.45, in morning trading despite lower-than-expected earnings guidance for 2019. Pepsi also announced Friday that it will raise its annual dividend rate by 3%, to $3.82 a share from $3.71 a share. Sugar’s fading popularity is a worrying sign for both companies’ core business, which involves mixing flavored syrup with advertising.