food and beverage

As co-founder of Lobster Boys LLC and a fourth-generation lobsterman, Justin Maderia has seen firsthand how global trade tensions ripple through local economies. With the U.S. seafood market generating over $31 billion annually—and relying on Canada for more than two-thirds of its imports—tariffs...

Kraft Heinz (NASDAQ:KHC) is investing $3 billion to modernize its U.S. factories. According to Reuters, which first broke the news, this is the company’s largest domestic investment in a decade. Kraft Heinz aims to cut costs amid weakening consumer sentiment and lowered financial forecasts....

Retail sales in March grew at the fastest pace in over two years, underscoring how American consumers accelerated their spending ahead of anticipated price distortions stemming from President Donald Trump‘s tariffs. According to advance estimates from the U.S. Census Bureau, retail and food...

Canada announced a temporary six-month relief from its countermeasure tariffs on U.S. goods critical to domestic manufacturing, processing, and food and beverage packaging. The decision signaled a notable de-escalation in North America's trade standoff and aligned with a more conciliatory tone...

Noodles & Co. (NASDAQ: NDLS) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to loss of $0.13 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise...

The food and beverage industry expanded its share of the nation's 100 largest industrial and logistics leases in 2019 as increased demand for grocery delivery led to more investment in warehouses and distribution centers, according to a report issued Thursday by CBRE Group Inc. (NYSE: CBRE), a real...

The energy drink space may have a lesson for the budding cannabis industry, Bank of America Merrill Lynch says. While there was all kinds of buzz around energy drinks when Red Bull came along in 1997, and several companies got in on the trend, a couple decades later the market has streamlined and...

The buzz around single-serve coffee like the kind you make in a Keurig machine is wearing off, according to Morgan Stanley, which downgraded Keurig Dr Pepper Inc (NYSE: KDP) Thursday.  The Analyst Dara Mohsenian downgraded Keurig Dr. Pepper from Equal-weight to Underweight...

With the broad market at all-time highs, it is getting more and more difficult to find value in the market. That rise makes it all the more tempting to examine issues that recently have been on the decline. One such issue that meets this criteria is McDonald's (NYSE: MCD). Since making a...

Due to disappointing earnings, Coca-Cola (NYSE: KO) has had a rough couple of days. That is costing short term traders who drove the stock up earlier this month, expecting better results. For long term investors, however, the temporary dip should be looked at as an opportunity to build up a...

Recent market action has not been kind to McDonald's (NYSE: MCD), the global fast food restaurant giant. Disappointing earnings, a meat scandal and a downgrade have McDonald's down for the last week, month and quarter of market action. For the year, McDonald's is off by nearly one...

Traders and investors playing the “lotto” style of buying out of the money calls ahead of Chipotle Mexican Grill (NYSE: CMG) earnings have been rewarded. On Monday, the company announced much better than expected earnings and revenues, exceeding Wall Street estimates for EPS by $0....

It is rare for a former momentum stock to rebound after its initial run and ensuing decline. Of course, one can cite issues such as Netflix (NASDAQ: NFLX), but NFLX and others that do rebound do so only if the fundamentals improve. One such issue that is attempting to rebound for the second...

Like many millennials, Brian Rudolph cares about nutrition. He loves pasta, but he's also gluten-free. And the gluten-free pastas that are already on the market have little nutritional value, Rudolph said. “There wasn't a single pasta I could eat, and I like pasta,” he...

With the merger and acquisition market really heating up as of late, the Street has been sending mixed signals to the shareholders of the acquirers. In several instances, the market has looked kindly on the move and rallied the share price of the company being acquired, as well as the share...