Yesterday morning, Alkaline Water (WTER) announced approval by the board of directors for a 15-for-1 reverse stock split. This is effective under Nevada law as of today (April 5). The implications of this move include a dramatic reduction of common stock shares on the market. Before the reverse stock split, 200,000,000 shares of common [...]
Coca-Cola (KO) reported solid 4th quarter earnings yesterday along with an updated 2023 outlook that should have investors (or potential investors) excited. The company saw a 7% increase in revenue during the 4th quarter - up to $10.13 billion. This beat analyst estimates of $10 billion. This was largely driven by an increase in [...]
PepsiCo, Inc. reported its fourth quarter and full-year earnings on Thursday, causing shares to increase over 1% to $176.20 a share because of stronger-than-expected performance. Although investors seem pleased with the higher prices of PepsiCo's snacks and beverages, this might not be a sign of good times to come. Despite the impressive top-line results, [...]
Yesterday, a South Florida jury determined that Flo Rida won his lawsuit against Celsius over breach of contract. The damage for Celsius came out to $82 million after they didn’t hold up their end of the deal in an endorsement deal that took place from 2014-2018. Flo Rida was promised a 1% stake in [...]
Oatly (OTLY) - the plant-based food brand - was upgraded to a buy rating by analysts at Mizuho Thursday morning. This Japanese bank claims the bear run is over for Oatly, and they’re poised to make a run. And a serious run at that - with a price target set at $6. This is [...]
This morning, Albertsons Companies (ACI) released a statement letting shareholders (and potential investors) know that a common stock dividend has been approved by the board of directors. This dividend is for the 5th quarter of fiscal 2022 and shareholders will receive $0.12/share of common stock. This comes after impressive Q3 earnings where the company [...]
Anytime insiders within a company start selling off their shares it will raise eyebrows. But when a group of insiders does it - including the president and CFO, it’s worth paying attention to. And that’s exactly what’s happening right now within the Coca-Cola Company (KO). Over the past year, KO has performed very well [...]
Everyone’s favorite canned soup brand got a nice bump Wednesday morning after reporting impressive earnings that beat analyst expectations. Furthermore, the company rose its outlook for the full fiscal year of 2023. Investors are flocking to this stock as the timing is right. But - with upside potential and safety leaving much to be [...]
Early this morning news of Wells Fargo downgrading Costco hit the digital world. Investors responded by selling off company shares, resulting in a 2% loss as of 11 am EST. What exactly did Wells Fargo see that resulted in this downgrade, and what should you do next as an investor? We’ll cover all this and [...]
