
Beyond Meat earnings drop 30% with falling demand
Troubled plant-based meat company Beyond Meat posted a 30% revenue decline in the second quarter due to falling demand for its products, the company announced Monday.
2023-08-08 06:21

Marketmind: Awaiting another China exports slump
By Jamie McGeever A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.
2023-08-08 05:54

Palantir Raises Profit Forecast, Sets $1 Billion Buyback
Palantir Technologies Inc. raised its forecast for adjusted profit in 2023 and authorized a $1 billion share buyback
2023-08-08 05:51

Electric Vehicle Tech Manufacturer Proterra Files for Bankruptcy
Proterra Inc., which makes heavy-duty electric vehicle components like chargers and batteries, filed for bankruptcy on Monday. The
2023-08-08 05:47

Starwood Weighs Sale Option for $230 Million American Dream Debt
Starwood Property Trust Inc. says a debt sale at a discount is a possible option for money tied
2023-08-08 05:29

Campbell Soup Company buys Sovos Brands, maker of Rao's for $2.7 billion
Iconic canned soup company Campbell is expanding its reach in the Italian food market.
2023-08-08 05:17

AI mania, financials and energy stocks boost hedge fund gains
NEW YORK Equity hedge funds ended July with gains of 7.83% so far this year, helped by technology,
2023-08-08 05:15

Advent Nears $1 Billion Deal for Retail Brand Zimmermann
Private equity firm Advent International is nearing a deal to acquire Zimmermann in a transaction valuing the Australian
2023-08-08 05:15

After trying for three years, Paramount finally unloads Simon & Schuster for $1.6 billion
Paramount has agreed to sell Simon & Schuster to private equity firm KKR for $1.6 billion in cash, after more than three years of trying to offload the book publishing powerhouse.
2023-08-08 04:57

Beyond Meat Falls After Backing Away From Cash-Flow Target
Beyond Meat Inc. fell in late trading after the plant-based burger company said it’s unlikely to hit its
2023-08-08 04:46

KKR to buy Simon & Schuster for $1.62 billion from Paramount Global
Paramount Global said on Monday it was selling Simon & Schuster to KKR & Co for $1.62 billion
2023-08-08 04:23

Beyond Meat cuts annual revenue forecast on slowing demand for faux meat
Beyond Meat trimmed its full-year revenue forecast on Monday, warning that demand for its plant-based meat products was
2023-08-08 04:22