Consumer Goods

Money has been flowing into the Consumer Staples Select Sector SPDR Fund (NYSE: XLP). And that may be a bad sign for the market. It could be a classic "flight to safety." This happens when investors sell stocks perceived to be risky and use the money to buy stocks that are...

Aterian Inc (NASDAQ: ATER) shares are trading higher Thursday although there looks to be no company-evident news to explain the jump in share price. The stock is a favorite among Reddit’s Wall Street Bets community and possibly what’s causing the stock to see some movement....

Johnson & Johnson (NYSE: JNJ) announced recently a change in leadership with Alex Gorsky stepping down from his CEO role and handing the reigns to Joaquin Duato, who will take over on Jan. 3, 2022. Here are five things you might not know about Joaquin Duato, the next CEO of Johnson...

Individuals troubled with insomnia or stress might have found an unusual solution in beverage maker PepsiCo, Inc. (NASDAQ: PEP) with their new beverage launch. What Happened: PepsiCo CEO Ramon Laguarta held an internal competition for employees last year to create a new and exciting product. The...

So many of the questions and concerns about the economy that are regularly voiced by the media, and routinely parroted by individuals, are expressions of fear that are not rooted in any fundamental data, or at least not any serious study of the fundamental data. As a result, it is easy to...

Rubbermaid parent Newell Brands Inc (NASDAQ: NWL) said Thursday its CEO Michael Polk will retire from the company. What Happened Polk will retire from the company at the end of the second quarter, a job he has held since 2011. The executive also served on the board of directors since 2009 and his...

Good day, The congestion choking the Port of Los Angeles has prompted calls for more efficient movement of containers, FreightWaves reported earlier this week. Delays are one reason the Los Angeles facility has been losing market share to other California ports including Long Beach and Oakland...

A bullish case can be made for multinational consumer goods company Procter & Gamble Co (NYSE: PG) as the company embarks on a turnaround, according to Bank of America Merrill Lynch. The Analyst Analyst Olivia Tong upgraded Procter & Gamble from Neutral to Buy with a price target...

Clorox Co (NYSE: CLX) earlier this week hosted a sell-side presentation. Here is a summary of how three analysts reacted to the event. The Analysts Wells Fargo's Bonnie Herzog maintains a Market Perform rating on Clorox with a price target lifted from $145 to $160. Raymond James' Joseph...

Apple Inc. (NASDAQ: AAPL) should be valued at $300 per share, but under one condition: the Street needs to stop valuing the company like a "sturdy, cyclical industrial," according to CNBC's Jim Cramer. What Happened Apple's stock was trading at $200 per share Wednesday...

If you’re looking for a financial feast, check Oppenheimer’s choice platter. The firm’s 28 research analysts updated their monthly list of top picks this week, with just more than half of the catalog intact from the start of the summer. Here is what comes highly recommended:...

Kraft Heinz Co (NASDAQ: KHC)'s failed takeover of Unilever plc (ADR) (NYSE: UL) earlier this year has left the British consumer goods company "highly energized." According to a Bloomberg report, Unilever's CEO Paul Polman told reporters the entire company, from members of the board down to...

Constellation Brands, Inc. (NYSE: STZ), the parent company behind iconic alcoholic brands including Corona and other national brands, announced several notable updates to its M&A activity. First, the company reached an agreement to sell its Canadian wine business to the Ontario Teachers'...

Name brand consumer goods continue to outpace private labels. U.S. edibles sales have increased 0.8 percent in the past 12 weeks according to a new report by BMO Capital Markets. Total branded value sales of name brands continue to surpass private label units with an increase of 1.5 percent...