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Jack Daniels Parent Company, EA, Cognizant Among 6 Stocks That Shine When Nvidia Slips: Analysis
Friday, April 19, 2024 - 5:31am | 769Six S&P 500 stocks often experience a surge when shares of Nvidia Corporation (NASDAQ:NVDA) take a dip, an analysis by CNBC revealed. What Happened: The six U.S.-listed stocks that typically see a rise when Nvidia’s shares falter include Jack Daniel's distiller Brown-Forman Corporation (...
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Parody Sticker Sparks Legal Battle Between Small Maryland Cannabis Company And Spice Giant
Saturday, October 14, 2023 - 3:28pm | 740Crabcakes & Cannabis, an Annapolis-based business known for its Maryland-themed cannabis merchandise, has found itself entangled in a legal battle with seasoning giant McCormick & Co Inc (NYSE: MKC), the creators of the iconic Old Bay seasoning. At the center of this dispute is a popular...
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Brown-Forman 'Fully Valued,' And Craft Alcohols Continue To Threaten The Whiskey Space
Friday, June 9, 2017 - 8:59am | 412Brown-Forman Corporation (NYSE: BF-B) shares are lower following weak fourth-quarter results that came in below expectations. Credit Suisse believes the company is fully valued and is struggling to find upside in the current business model. Additionally, the risk-reward scenario appears balanced....
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Should The Alcohol Industry Be Worried About The Legalizing Of Pot?
Wednesday, September 14, 2016 - 3:40pm | 422Boston Beer Co Inc (NYSE: SAM), the parent company behind Sam Adams and other craft brands, cautioned investors in a 10k filing that the legalization of marijuana could "adversely impact the demand for the Company's products." Brown-Forman Corporation (NYSE: BF-B) (NYSE: BF-A), the parent company...
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Should The Liquor Industry Be Worried About Legal Cannabis?
Friday, June 20, 2014 - 3:37pm | 478Marijuana legalization may already be putting pressure on alcohol companies. The maker of Jack Daniels, Brown-Forman (NYSE: BF-A) (NYSE: BF-B), released its annual report on Thursday, which included a laundry list of risks -- among them, recreational marijuana. “Consumer preferences and...
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Market Wrap For June 4: Markets Slightly Higher On Light Volume, Beige Book
Wednesday, June 4, 2014 - 4:38pm | 2314U.S. stocks were moderately higher as the S&P 500 continues to reach new highs. Investors found plenty of positives after the Federal Reserve released its summary of commentary on current economic conditions, also known as the “Beige Book.” “All twelve Federal Reserve...
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Feds Rethink And Reverse Decision Regarding Powdered Alcohol Products
Tuesday, April 22, 2014 - 3:58pm | 636Is powdered alcohol a product for our times or a concept that still needs some tinkering with? The blogosphere has been chock ablock with references to the story about Lipsmark LLC, a Tempe, Arizona-based company and its “Palcohol” powered cocktails. Palcohol's products were reportedly approved...
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Jack Daniels Shows off New Bottle (BF.B)
Tuesday, May 17, 2011 - 6:34am | 91Tennesse-based whiskey distiller Jack Daniels showed off its new streamlined bottle Monday. According to a news release, the new design is meant to simplify the whiskey's labels while accentuating the bottle's square design. Jack Daniel's is a brand of sour mash whiskey that is among the world's...