Christopher Growe News
-
PepsiCo Inc. and Mondelez International Inc. shareholders are wagering that salty and sweet are better together.
-
Altria Group Inc., the largest seller of tobacco in the U.S., plans to introduce an electronic cigarette this year, chasing smaller rivals as demand for traditional smokes declines.
-
Philip Morris International Inc., the world’s largest publicly traded tobacco company, posted first-quarter earnings that fell more than analysts estimated as tax increases and economic weakness hurt shipments.
-
Barclays Plc, after defeating an $11 billion lawsuit by Lehman Brothers Holdings Inc., seeks to dismiss the defunct firm’s remaining claim for $500 million in allegedly unpaid bonuses.
-
General Mills Inc. showed where U.S. food prices are headed by making some of its breakfast cereals and baking products more expensive, according to Christopher Growe , a Stifel Nicolaus & Co. analyst.
-
Tobacco companies handed investors the best returns in the last decade when adjusted for volatility, and analysts at BNY Mellon Wealth Management and Janney Montgomery Scott LLC say that will continue as profits prove resilient amid economic turmoil.
-
U.S. stocks advanced, sending the Standard & Poor’s 500 Index to the highest level in five years, amid better-than-estimated data on Chinese exports.
-
Altria Group Inc., the largest seller of tobacco in the U.S., reported third-quarter profit that met analysts’ estimates, helped by higher cigarette prices.
-
Warren Buffett’s Berkshire Hathaway Inc. and Jorge Paulo Lemann’s 3G Capital agreed to buy HJ Heinz Co. for about $23 billion, ending the independence of an iconic ketchup maker that traces its roots to the 1860s.
-
General Mills Inc. , the maker of Cheerios and Green Giant frozen vegetables, said first-quarter profit gained 12 percent, helped by sales of a chocolate- flavored cereal and new snack bars.
|
|
Most Popular on Bloomberg
|
| |
Rate this Page