by Dorian Holden | Sep 26, 2019 | Markets
Beyond Meat (BYND) is rocketing on a major catalyst. Just this morning, McDonald’s (MCD) announced plans to test a plant-based burger using Beyond Meat patties in Canada. That’s why shares of BYND were up $22 this morning. A 12-week test is expected to begin on...
by Jamie Johnson | Sep 25, 2019 | Markets
Devin Wenig steps down after serving as CEO of eBay for five years. On Wednesday, shares of eBay were hit after the company announced that CEO Devin Wenig is stepping down. The company’s stock fell nearly 2% after the announcement. Here is an overview of the...
by Dorian Holden | Sep 25, 2019 | Markets
Apparently, dreams of vaping riches just went up in smoke. The fallout from the vaping controversy brought an unexpected end to a Phillip Morris (PMI)-Altria merger. “After much deliberation, the companies have agreed to focus on launching IQOS [a heating...
by Dorian Holden | Sep 24, 2019 | Markets
So much for market upside. Major indices are plunging after House Speaker Nancy Pelosi said she will make an announcement on potential impeachment. “Later today I will make an announcement after I meet with my chairmen, my leadership and my caucus,” she...
by Jamie Johnson | Sep 24, 2019 | Markets
The company has traded above its $27 IPO price since going public. Last Thursday, the cloud software service Datadog went public at $27 per share. The company first filed to go public in late August with an initial price range of $19 to $22. Company leaders later...
by Dorian Holden | Sep 24, 2019 | Markets
The trade war has gotten very odd. Days ago, President Trump said he would be open to an interim trade deal with China. Markets then shot higher on optimism. Over the weekend, President Trump said there’s no need for a trade deal ahead of the 2020...
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