ARCHIVES

Overnight global snapshot - Dec 4

4 December 2017

Shares of Blue Apron rally after it replaces CEO

Shares of Blue Apron jumped after the meal-kit delivery service company said co-founder Matt Salzberg has stepped down from his role as CEO and President, and is succeeded by Chief Financial Officer Brad Dickerson.

Overnight global snapshot - Dec 1

1 December 2017

Shares of Kroger rally on better-than-expected sales, earnings

Shares of Kroger jumped after the supermarket chain reported quarterly sales and earnings that exceeded analysts expectations, offering optimism it can stave off intensifying industry competition.

Overnight global snapshot - Nov 30

30 November 2017

Chipotle shares climb after founder agrees to step down as CEO

Shares of Chipotle Mexican Grill climbed after the burrito chain said founder Steve Ells will step down from his role as chief executive officer following a series of food safety problems.

Overnight global snapshot - Nov 29

29 November 2017

Brazil’s Minerva sees country resuming US beef exports in first quarter: Reuters

Minerva, one of Brazil's largest meat companies, expects the country will resume fresh beef exports to the United States in the first quarter of 2018, Chief Executive Fernando Galletti said on Tuesday, Reuters reported.

Overnight global snapshot - Nov 28

28 November 2017

Hard Brexit outcome would mean catastrophe for European meat industry

If the UK leaves the European Union without a trade deal, the impact would be catastrophic for the European meat industry, Bloomberg reported, citing a new report.

Overnight global snapshot - Nov 27

27 November 2017

Experts flag prickly pear cactus as miracle plant that could ease hunger

The prickly pear cactus could help alleviate hunger in arid regions due to its ability to thrive in harsh conditions and its multiple uses, Reuters reported, citing experts.

Overnight global snapshot - Nov 24

24 November 2017

Finland’s Fazer offers protein-rich bread made from dried crickets

Finland’s Fazer, a bakery and food service company, launched on Thursday what it said was the world's first insect-based bread to be offered to consumers in stores, Reuters reported.

Overnight global snapshot - Nov 23

23 November 2017

Deere stock climbs as quarterly earnings, outlook top expectations

Shares of Deere rallied after the company posted better-than-expected quarterly earnings and offered a solid outlook amid strong demand for its farm machinery and construction equipment.

Overnight global snapshot - Nov 22

22 November 2017

Campbell Soup shares slide after full-year earnings downgrade

Shares of Campbell Soup dropped after the company posted quarterly revenue and earnings that fell short of expectations and downgraded its full-year earnings outlook.

Overnight global snapshot - Nov 21

21 November 2017

With Canada’s pot stocks near highs, analysts see trouble ahead: Reuters

Canada's marijuana stocks, which reached record highs this month, face a bumpy ride in 2018 that could purge smaller players, as the country moves to allow recreational use of cannabis in July, Reuters reported.