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Nasdaq Food & Beverage ETF (NQ: FTXG )

24.18 -0.04 (-0.17%)
Official Closing Price Updated: 4:15 PM EDT, Nov 1, 2024 Add to My Watchlist
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Headline News about Nasdaq Food & Beverage ETF

JAB Strengthens Hold On Coffee Company JDE Peet's As Mondelez Sells Off 86M Shares
Mondelez International agreed to sell 86 million JDE Peet's shares to JAB for €25.10 per share. JAB also distributed shares to 70 limited partners, increasing free float to 32%. 
Via Benzinga
PepsiCo's Higher Productivity Key To Navigating Slower Sales Growth, BofA Analyst Remains Bullish
PepsiCo reports mixed Q3 performance. BoFA analyst notes that the second half of the year typically accounts for over half of total revenue, and the guidance suggests organic growth of -1% to +3% in... 
Via Benzinga
PepsiCo Eyes Tortilla Maker Siete Foods In $1B Deal: Report
PepsiCo is reportedly close to acquiring Siete Foods, reflecting its strategy to enhance healthier snack options amid a competitive market. 
Via Benzinga
General Mills Offloads US, Canadian Yogurt Divisions In $2.1B Deal Amid Competition And Market Challenges: Details
General Mills entered into definitive agreements to sell its North American Yogurt business to Lactalis and Sodiaal. The company expects to use the net proceeds for share repurchases. 
Via Benzinga
Don't Judge A Candy By Its Cover - Hershey Reportedly Defends Lawsuit Against Reese's Candies
Hershey reportedly faces lawsuit over Reese's packaging, dismissing claims as baseless. 
Via Benzinga
Topics Lawsuit
Exposures Financial Legal
PepsiCo Faces Legal Heat: Gatorade Protein Bars Criticized For Excessive Sugar
A federal judge has reportedly ruled that PepsiCo can be sued for marketing its Gatorade protein bars as healthy despite having more sugar than protein and exceeding the sugar content of typical candy... 
Via Benzinga
Topics Lawsuit
Exposures Financial Legal
Confectionery Giant Mars To Acquire Cheez It Parent Kellanova In $35.9B Deal
Kellanova (NYSE: K) to be acquired by Mars, Inc. for $83.50/share, a 44% premium. Deal values Kellanova at 16.4x its last 12m adjusted EBITDA. Approval expected in first half of 2025. 
Via Benzinga
Economist React To May Retail Sales Data: 'Consumer Spending Is Cooling In A Fairly Orderly Fashion'
US retail sales for May missed expectations, raising concerns about economic growth. Resilient consumer spending has been a key factor in the bull market. 
Via Benzinga
What's Going On With Food Processing Company Archer-Daniels-Midland Shares Today?
ADM shares down as CFO Vikram Luthar resigns effective Sept. 30, 2024. Luthar to receive $743K incentive for 2023 and remain as non-executive until then. 
Via Benzinga
Food and Beverage Stocks Look Appetizing After Ozempic Selloff
Investors should brush off Ozempic selloff fears and dive into tasty food and beverage stocks that have been oversold in 2023. 
Via InvestorPlace
Inflation Steadies In September: ETFs To Gain
Inflation in the United States was steady last month as the Consumer Price Index rose 3.7% year over year, flat compared with the August level. 
Via Talk Markets
Topics ETFs Economy
Exposures Interest Rates
PepsiCo On CNBC's 'Final Trades,' Plus: A Food & Beverage ETF Has 9 Negative Weeks
On CNBC’s "Halftime Report Final Trades," Joshua Brown of Ritholtz Wealth Management named PepsiCo, Inc. 
Via Benzinga
Topics ETFs
ETFs In Focus As Student Debt Curbs Consumer Spending
In the last decade, student debt has become one of the largest forms of consumer borrowing with about 44 million borrowers collectively owing approximately $1.7 trillion. 
Via Talk Markets
Topics ETFs
Snacks In The Ozempic Era: Food, Beverage Stocks Crash With Weight Loss Drugs On The Rise
Food and beverage stocks endure their toughest week since May 2022, driven by concerns over weight-loss drugs and shifting consumer behavior. 
Via Benzinga
3 Beverage Stocks to Buy to Quench Your Thirst for Profits
Here are three long-term winners if you’re looking for profitable beverage stocks other than the two major players. 
Via InvestorPlace
5 ETF Zones To Benefit As Inflation Drops To 4% In May
Easing inflation indicates that the economy is stabilizing and interest rates may be declining. In such an environment, some sectors tend to perform better than others. 
Via Talk Markets
5 Top-Ranked ETF Wins Amid Worst Market In 2022
While there have been losers in many corners of the space, these five ETFs from different industries that easily survived the market rout and outperformed last year. 
Via Talk Markets
ETFs To Benefit As Inflation Drops To One-Year Low
These funds are likely to benefit from easing inflation and the resultant dovish Fed. 
Via Talk Markets
4 Sector ETFs To Tap On Rising Inflation
Here are four sector ETFs that could make excellent plays in a rising inflation environment. 
Via Talk Markets
4 ETFs To Gain From Hotter-Than-Expected Inflation
Inflation also rose 0.1% from July and is still hovering near a 40-year high, dashing investors’ hopes with the possibility that price pressures would weaken, allowing the Fed to slow its pace of... 
Via Talk Markets
Food ETFs Getting Investors' Love Amid Shortage
Worries over the growing global food crisis and rising prices have rekindled investors’ interest in ETFs that focus on the food and beverage space. 
Via Talk Markets
Macroeconomic And Geopolitical Shifts - Strategic Or Tactical?
Between inflation skyrocketing beyond expectations, the drumbeats of war, and global sanctions on Russian Oil, macroeconomic and geopolitical themes have dominated the 2022 stock market. 
Via Talk Markets
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