Keurig Dr Pepper, Nestle USA announce long-term partnership for Starbucks K-Cups » 06:5202/2702/27/20
KDP, NSRGY, SBUX
Keurig Dr Pepper (KDP)…
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Fly Intel: Wall Street's top stories for Wednesday » 17:0502/2602/26/20
DIS, CRM, LOW, NOK, GOOG, GOOGL, AAPL, BYND, SBUX, BGS, TJX, SABR, SDC, DY
Stocks seemed in the…
Fly Intel: Wall Street's top stories at midday » 12:2402/2602/26/20
DIS, CRM, LOW, BYND, SBUX, BGS, TJX, SABR, SDC, DY
Stocks were bouncing back…
Fly Intel: Pre-market Movers » 09:0902/2602/26/20
DIS, APT, BYND, SBUX, TJX, CARS, ENDP, ODP, MRNA, WEN, WB, FOSL, TSLA
HIGHER: Alpha Pro Tech…
HIGHER: Alpha Pro Tech (APT), up 2% after reporting Q4 earnings and announcing as a result of a surge in customer demand resulting from the outbreak of Covid-19, overall gross margin is expected to be higher than normal in the Q1 and potentially for the rest of the year... Beyond Meat (BYND), up 5% after Starbucks (SBUX) announced that beginning March 3, the company will introduce a new Beyond Meat cheddar and egg Sandwich to its Canadian stores. UP AFTER EARNINGS: TJX (TJX), up 7%... Cars.com (CARS), up 4%... Endo (ENDP), up 4%... Office Depot (ODP), up 5%... Moderna (MRNA), up 13%. DOWN AFTER EARNINGS: Wendy's (WEN), down 2%... Fossil (FOSL), down 20%... Weibo (WB), down 7%. ALSO LOWER: Tesla (TSLA), down 2% after CNBC reported NTSB chairman Robert Sumwalt criticized Tesla at a hearing on a crash involving a Tesla Model X in autopilot mode. The Nikkei also has reported that Tesla and Panasonic (PCRFY) have decided to end their partnership in producing solar cells after years of struggling to ramp up output at the Gigafactory 2 in upstate New York... Disney (DIS), down 1% after announcing CEO Bob Iger will transition to executive chairman and Bob Chapek will be named new CEO.
Starbucks, PepsiCo launch RTD Nitro Cold Brew » 09:0702/2602/26/20
Starbucks (SBUX) and…
Starbucks (SBUX) and PepsiCo (PEP) announced the launch of new ready-to-drink, or RTD, Starbucks Nitro Cold Brew. This is the latest product to join the ranks of products developed since Starbucks and PepsiCo formed the North American Coffee Partnership, or NACP, in 1994. Over the past 25+ years, the NACP has grown to more than $2B in retail sales.
Beyond Meat to be used in Golden Krust Jamaican-style patties » 08:1902/2602/26/20
Golden Krust, a 125-unit…
Golden Krust, a 125-unit Jamaican restaurant chain and manufacturer of Jamaican-style patties is now offering new plant-based patties made with Beyond Meat. In select locations in Boston, Toronto, Hartford and New York City, Golden Krust is testing the new Jamaican-style patties made with Beyond Beef in both Spicy and Mild flavors.
Beyond Meat shares jump after Starbucks announces Canada sandwich launch » 07:0802/2602/26/20
Shares of Beyond Meat…
Shares of Beyond Meat (BYND) are jumping after Starbucks (SBUX) announced that beginning March 3, the company will introduce a new Beyond Meat (BYND), Cheddar and Egg Sandwich to its Canadian stores. "This meatless breakfast sandwich will be part of Starbucks Canada's core menu," the coffee giant said in a statement. Shares of Beyond Meat are up 7%, or $7.58, to $117.50 in premarket trading.
Starbucks selects Beyond Meat for meatless breakfast sandwich in Canada » 04:5102/2602/26/20
Starbucks (SBUX) announced that beginning March 3, the company will introduce a new Beyond Meat (BYND), Cheddar and Egg Sandwich to its Canadian stores, alongside the launch of the new spring menu. "This meatless breakfast sandwich will be part of Starbucks Canada's core menu," the coffee giant said in a statement. It added, "Starbucks worked together with Beyond Meat to develop a delicious recipe uniquely designed with the Starbucks customer in mind. The sandwich features a plant-based patty topped with cheddar cheese and egg on an artisanal bun." Reference Link
Disney adds Beyond Meat competitor Impossible Foods to parks, cruise menus » 10:4902/2502/25/20
Impossible Foods earlier…
Impossible Foods earlier today announced a new strategic alliance with Disney (DIS). As part of the alliance, the Impossible Burger will be designated as the "Preferred Plant-Based Burger" of Walt Disney World Resort, Disneyland Resort and Disney Cruise Line, Impossible Foods said in a statement. On February 28, Disney will debut Impossible Foods menu items at the Disney California Adventure Food & Wine Festival. The alliance follows Disney's September 2019 announcement of plans to add plant-based options at all major quick and table service dining locations in its U.S. theme parks. More than 400 plant-based dishes are now available at Walt Disney World Resort in Florida, and more will be available at Disneyland Resort in California in spring 2020, Impossible noted. Impossible Foods competes with Beyond Meat (BYND) in the plant-based meat space. Shares of Beyond Meat are down 51c to $113.45 in morning trading.
McDonald's U.S. comp growth appears strong to start Q1, says Cleveland Research » 09:4402/2502/25/20
Cleveland Research analyst Steven Gojak said his industry checks suggest traction on breakfast initiatives, value offerings, and favorable weather are supporting strong U.S. comparable store sales growth for McDonald's in the first two months of the quarter. Following his checks, he raised his Q1 US comp growth estimate to 5.5% from 4.5% and keeps a Neutral rating on McDonald's shares.