|Day Low/High||57.13 / 57.38|
|52 Wk Low/High||51.56 / 58.72|
Strategic and financial bidders alike are snapping up companies ranging from direct-to-consumer makeup services to pet food retail.
Starbucks posted disappointing fourth-quarter earnings on Thursday, Nov. 2, to the surprise of few. It also disclosed the sale of the Tazo tea brand to Unilever for $348 million.
Unilever today announced an agreement to acquire the TAZO® brand from Starbucks.
Earnings exceeded expectations, but revenue came just shy of consensus estimates.
Doug Kass shares his thoughts on Amgen and Procter & Gamble.
Doug Kass shares his thoughts on the inevitable and also discusses FANG.
In highlights from this week's trading diary and posts, Kass discusses risk and how it differs from risk awareness.
Nutella maker Ferrero will add brands including Trolli, Lemonheads and Red Hots as it targets the U.S. confectionery market.
Breaking below $54 could open the way to further price weakness.
Unless it's the stock of a retailer, you have to take advantage of this pattern.
Today that catch was McDonald's, tomorrow it will probably be something different.
Owning more of a great stock would be the best way for Buffett to spend his money. So, he should just buy more Apple.
Owning more of a great stock would be the best way for Buffett to spend his money.
Be careful, the next correction, whenever it comes, may not be shallow.
The organic food company should probably sell part or all of itself in pieces, according to company followers. Potential bidders for all or part of the company could include PepsiCo, Campbell Soup, Hormel Foods, General Mills, Kraft Heinz among others.
Four are already close while others need to step up to the plate.
The natural and organic food company is nearing a deal that would bring on six new directors and install the insurgent fund's manager, Glenn Welling, onto a newly formed strategic review committee set up to consider strategic options such as a sale.
More deals are likely as strategics invest in the rapidly growing space. So keep an out for Chef'd, Sun Basket and other meal kits that have attracted venture funding.
Doug Kass shares his thoughts on some consumer staples and also discusses some trades.
The Oracle of Omaha realizes packaged-goods moats have been permanently damaged.
The Oracle realizes packaged-goods moats have been permanently damaged.
IBM wants to know if blockchain tech can be used to track food supply chains and improve safety.
After hurting Blue Apron's IPO with its $13.7 billion acquisition of Whole Foods, Amazon is now getting directly into meal kits.
A deal could happen.
Whole Foods and Amazon was just one of the major food stories in June.
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