|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||69.17 - 69.17|
|52-week range||69.17 - 69.17|
|Beta (5Y monthly)||0.59|
|PE ratio (TTM)||24.18|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
U.S. stocks gained for a fourth straight session on Thursday and Wall Street's main indexes hit record highs amid growing confidence in China's efforts to contain the economic fallout from the coronavirus outbreak. China said it would halve additional tariffs levied against some U.S. goods, seen by analysts as a move to boost confidence after the fast-spreading coronavirus disrupted businesses and hit investor sentiment. "Maybe cooler heads have prevailed regarding the long-term impact of coronavirus," said James Ragan, director of wealth management research at D.A. Davidson in Seattle.
In a packed Wednesday with a handful of earnings announcements, investors will pay close attention to results from social media company Twitter and ride-sharing giant Uber.
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The company has been stepping up efforts to attract health-conscious consumers with plant-based and probiotic products as they shun sugary cereals that used to be a staple in American breakfast tables. It has been also spending more on promotions, packaging to make products easier for on-the-go consumption, and adding items under its MorningStar Farms brand that makes plant-based meat alternatives, which have seen booming demand recently. The efforts boosted organic net sales for snacks in North America, its largest market, to rise 5.2% in the third quarter.
Boeing CEO Dennis Muilenburg will take the spotlight Tuesday when he faces Congress on the one-year anniversary of the Lion Air crash.
It is gearing up to be a busy week with plenty of events with market-moving potential including the October jobs report, Q3 GDP, Federal Open Market Committee (FOMC) meeting and a deluge of earnings reports.
Bruderman Asset Management Chief Market Strategist Oliver Pursche tells Yahoo Finance’s On the Move why an economic downturn could be good for McDonald's.
The pizza chain is partnering with food giant Kellogg (K) to test a plant-based pizza topping at a Phoenix location for a limited time starting Wednesday, October 23.
(Bloomberg) -- In the world of artificial meats, you can’t get more alien than growing your beef in space.That’s what the Israeli startup Aleph Farms showed might be possible in an experiment on the International Space Station last week, where it grew small-scale muscle tissue from bovine cells using equipment made by the Russian company 3D Bioprinting Solutions.“We are working on a new method to produce the same meat, but in a way that uses less than half of the greenhouse gasses,” said Didier Toubia, co-founder and chief executive officer of Aleph Farms, noting that the experiment was preliminary and just a proof of concept. “The experiment in space shows that meat can be cultivated in the harshest conditions, meaning anywhere, anytime and for anyone.”Consumers, cutting down on meat intake for dietary reasons or concern for environment, have already been introduced to plant-based burgers, sausage and other meat-like products.Beyond Meat Inc., a company that touts its production process as more humane and sustainable than livestock production, has seen its stock soar since its early May debut price. The market for such plant-based products is expected to reach $27.9 billion by 2025 according to research firm Markets and Markets, and Beyond Meat already competes with Impossible Foods Inc. Kellogg Co., Nestle and Tyson Foods Inc., among others.While partly a publicity stunt, the experiment’s goal was to help the Aleph Farms advance its research into meat production in harsh conditions without depending on natural resources, the company said. The U.S.-based Meal Source Technologies and Finless Food also participated in the experiment. While Aleph Farms’ proof of concept in space was successful, even on Earth it will take at least three years before consumers will be able to buy its steaks or burgers, according to company estimates.“The mission of providing access to high-quality nutrition anytime, anywhere in a sustainable way is an increasing challenge for all humans,” said Jonathan Berger, CEO of The Kitchen accelerator that co-founded Aleph.Aleph Farms, which has raised about $13 million, has investors including Israel’s Strauss Group, Cargill Inc., New Crop Capital, and Vis Vires New Protein.(Updates with names of other companies involved in the experiment)To contact the reporter on this story: Gwen Ackerman in Jerusalem at email@example.comTo contact the editors responsible for this story: Riad Hamade at firstname.lastname@example.org, Giles TurnerFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.