Investors likely won’t get their fix for newly public companies for a long time thanks to the financial turmoil caused by the spreading coronavirus. Logistics issues aside for investment bankers unable to travel, market volatility like this scares off companies who want to raise capital. The initial public offering calendar is looking sparse this year, […]
Tag: Beyond Meat Inc
How Wendy’s used its past mistakes to craft a better breakfast menu
DUBLIN, OHIO — As Wendy’s readies itself to launch breakfast nationwide March 2, the chain is preparing to go head-to-head against rivals like McDonald’s with a menu touting its quality. Three prior attempts to serve breakfast nationally over the last three decades failed to take hold. This time around, Wendy’s worked with franchisees to construct […]
Dow record, Charlie Munger on Tesla, Apple jumps
This is a live blog. Check back for updates. 4:01 pm: Dow rallies 270 points to a record The Dow jumped about 276 points to hit a record close on Wednesday, lifted by solid gains from UnitedHealth and Nike. Apple also rallied 2.4%. The gains brought the blue-chip index’s month-to-date rise to 4.5% as investors […]
Cramer breaks down the rallies behind Tesla, Beyond Meat and Lululemon
CNBC’s Jim Cramer has been hammering home the difference between meaningless and meaningful gains on the stock market and on Monday laid out a basket of companies that are rising for good reason. “We don’t want to be in a situation where stocks keep roaring on the same old, same old information, so it’s a […]
Tesla, Lululemon, GE & more
Traders work on the floor of the New York Stock Exchange (NYSE) on November 04, 2019 in New York City. Spencer Platt | Getty Images Check out the companies making headlines midday Monday: Tesla — Tesla rose more than 9.5% after Oppenheimer hiked its price target for the electric car maker to $612 per share […]
Zhenmeat, China plant based meat firm, seeks funding
A slider made of Zhenmeat’s plant-based meat alternative pictured in Shanghai, China on January 13, 2020. Arjun Kharpal | CNBC Chinese plant-based meat substitute start-up Zhenmeat is looking to raise around $2 million of funding this year as it expands across the world’s second-largest economy and fends off a potential challenge from U.S. rivals. Zhenmeat […]