Consumer Packaged Goods
Leucadia National to Be Renamed – Shares Rise
Leucadia National Corporation (NYSE:LUK), released an announcement on the strategic transactions and notices that the company will be taking within the next year, which resulted in its shares rising. One important notice is that Leucadia ... [Read]
Consumer Packaged Goods
L’Oreal to Acquire Toronto-Based ModiFace
A French cosmetics company is acquiring a Canadian beauty technology company. Specifically, L’Oreal (EPA:OR) announced on Friday that it is purchasing Toronto-based ModiFace for an undisclosed amount. What Do We Know? It appears the acquisition ... [Read]
Consumer Packaged Goods
Campbell Soup Is Buying Snack Company Snyder’s-Lance
Campbell Soup (NYSE:CPB) will be buying the snacks company Snyder’s-Lance (NASDAQ:LNCE) for $4.87 billion. This is the largest deal that Campbell has ever made. The reason behind this deal is likely Campbell attempting to regain ... [Read]
Consumer Packaged Goods
Latest Online Advertising Campaign From Dove Caused Major Controversy
Have you heard about the latest scandal that has taken the consumer sector by storm? Dove – which is owned by Unilever (NYSE:$UN) – published an advert on its Facebook page which showed a black ... [Read]
Consumer Packaged Goods
M&M’s Go Green With Wind Power
These aren’t the green M&M’s you’re used to. M&M’s, Mars Inc.’s (privately traded) notable candy brand, has decided to weigh in on climate change. M&M’s mascot Red and Yellow, popularized through a number of television ... [Read]
Consumer Packaged Goods
New Survey Indicates Nike’s Woes are Far From Over as Adidas Continues to Dominate
Nike (NYSE:$NKE) has recently experienced a few hits that have left the company reeling. Competition from its main rival, Adidas (OTCMKTS:$ADDYY), has challenged Nike’s former domination of the athletic shoe market. Adding to Nike’s woes, ... [Read]
Consumer Packaged Goods
Whirlpool Calls on U.S. International Trade Commission For Global Safeguard Against Samsung and LG
Whirlpool Corp (NASDAQ:$WHR) is an appliance giant within the American industry. On Thursday, the company called on the U.S. International Trade Commission to impose a “global safeguard” restriction on imported machines from South Korean competitors ... [Read]
Consumer Packaged Goods
Procter & Gamble At Odds With Nelson Peltz’s New Strategic Plan
Investor Nelson Peltz concerned many at Procter & Gamble (NASDAQ:$PG) when he announced his strategic plan to boost shareholder value. Specifically, his plan could lead to higher costs, lower profits, and the potential breakup of ... [Read]
Consumer Packaged Goods
Can Mondelez Rebound From a 6.1% Plummet Since its Earnings Report?
Since its last earnings report a month ago, Mondelez International Inc (NASDAQ:$MDLZ) shares have plummeted about 6.1%. This greatly underperforms the market. Here, we examine whether Mondelez is capable of rebounding before the stock’s next ... [Read]
Consumer Packaged Goods
Billionaire Investor William Ackman Exits Large Stake in Nomad Foods
Waging a proxy fight to push for change at another portfolio company, billionaire investor William Ackman, CEO of Pershing Square Capital Management, has decided to exit his large stake in Nomad Foods (NASDAQ:$NOMD) What does ... [Read]