Earnings Scheduled For October 27, 2021
Companies Reporting Before The Bell
• McDonald's (NYSE:MCD) is expected to report quarterly earnings at $2.46 per share on revenue of $6.03 billion.
Not-So-Transitory Inflation: In Recent Months, We’ve Posted Winning Inflation Trades. Here Are Two More Inflation Trade Ideas.
A typical couple enjoying their (presumably) debt-financed breakfast in bed (image via Affirm).
Economy-Wide Inflation
As Washington Post economics correspondent Heather Long pointed out on Twitter recently, inflation is now hitting Americans everywhere from rental cars to rent.
A Peek Into The Markets: US Stock Futures Down; Crude Oil Jumps 2%
Pre-open movers
U.S. stock futures traded lower in early pre-market trade after the Nasdaq dropped around 75 points in the previous session.
Kraft Heinz CEO Sees Inflation ‘Across The Board,’ Says Higher Food Prices Are Here To Stay
Kraft Heinz (NASDAQ: KHC) CEO Miguel Patricio has said that the recent trend of higher food prices is here to stay.
Industry Leaders Chart Future of Supply Chain Visibility
Shopping has never been easier for the consumer. They can have products delivered within a few hours, the same day, the next day, or in two days. They can shop in person, online, and through marketplaces. They can pick up products in-store or have them delivered to their doorsteps.
This Day In Market History: Philip Morris Acquires General Foods
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date.
What Happened: On this day in 1985, Philip Morris announced a $5.75-billion buyout of General Foods.
Kraft Heinz To Acquire Brazilian Food Company Hemmer For Undisclosed Sum
Kraft Heinz Co (NASDAQ:KHC) has agreed to acquire Companhia Hemmer Indústria e Comércio, a Brazilian company focused on condiments and sauces,…
Morgan Stanley Maintains Equal-Weight on Kraft Heinz, Lowers Price Target to $37
Morgan Stanley maintains Kraft Heinz (NASDAQ:KHC) with a Equal-Weight and lowers the price target from $38 to $37.
Notable Kraft Heinz Insider Makes $1.53 Million Sale
Eloi Marcos Lima, Chief Procurement Officer at Kraft Heinz (NASDAQ:KHC), made a large insider sell on September 10, according to a new SEC filing.
4 Stocks Insiders Are Selling
When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.