ARCHIVES
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.
Overnight global snapshot - Nov 20
20 November 2017
US soybeans did not suffer yield losses after signs of weed killer damage
A weed killer blamed for damaging millions of acres of US crops this summer did not reduce yields for most of the soybeans checked by BASF, which makes a version of the herbicide, the company said on Friday, according to Reuters.
Overnight global snapshot - Nov 17
17 November 2017
Wal-Mart shares rally to record on quarterly earnings, outlook
Shares of Wal-Mart Stores jumped to a record high after the world’s largest retailer reported better-than-expected quarterly sales growth and upgraded its full-year earnings forecast, bolstering optimism about its outlook in an increasingly competitive industry pressured by Amazon.
Overnight global snapshot - Nov 16
16 November 2017
Kroger, Sprouts shares fall as Amazon flags more Whole Foods price cuts
Shares of Kroger and Sprouts Farmers Market slid after Amazon said it was lowering prices of additional grocery items and holiday staples at Whole Foods Market stores, including organic and no-antibiotic turkeys.
Overnight global snapshot - Nov 15
15 November 2017
Shares of Tesco, Booker rally after UK regulator nod for takeover deal
Shares of Tesco jumped after Britain’s biggest retailer earned provisional approval for its 3.7 billion pound (US$4.9 billion) takeover of Booker, the country’s top grocery wholesaler, from the UK competition regulator.
Overnight global snapshot - Nov 14
14 November 2017
Tyson Foods tops earnings estimates on strong beef, pork appetite
Shares of Tyson Foods advanced after the US meat company reported quarterly earnings that exceeded expectations, bolstered by its beef, pork and chicken businesses.
Overnight global snapshot - Nov 13
13 November 2017
Thailand’s rubber farmers plan protest over low prices: Reuters
Rubber farmers in Thailand, one of the world’s biggest exporters of natural rubber, threatened on Friday to protest in the capital Bangkok if the military government does not help to prop up falling prices of the commodity, Reuters reported.
Overnight global snapshot - Nov 2
2 November 2017
UK pubs operator JD Wetherspoon calls on May to 'stop messing about'
British pubs operator JD Wetherspoon said it has placed 500,000 coasters with a “hard-hitting message on Brexit” in its 895 pubs in England, Scotland, Wales and Northern Ireland.
Overnight global snapshot - Nov 1
1 November 2017
Kellogg shares rally as earnings exceed estimates, surprise gain in sales
Shares of Kellogg climbed after the cereal maker posted better-than-expected earnings amid cost-cutting efforts, reporting its first gain in sales in at least two years.
