(This story is for CNBC Pro subscribers only.) Oil exploration company EOG Resources is the “AAPL of oil,” according to Mizuho Securities. The Wall Street firm — which has a buy rating and $79 per share price target on the stock — said EOG’s strong cash …
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Clorox (NYSE:CLX) says demand for its branded disinfecting wipes is running so high that despite operating around the clock, reducing choice, and using third-party manufacturers to add additional capacity, it still won’t be able to catch up until the summer.
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(Rewrites throughout) By Karen Brettell NEW YORK, May 8 (Reuters) – Two-year Treasury yields hit record lows on Friday and fed fund futures implied the Federal Reserve could cut rates into negative territory this year, though analysts said the move was …
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To get a sense of how the pandemic can affect companies differently – even competitors in the same vertical, jockeying for position, for mindshare, for wallet share – consider the recent earnings reports from two juggernauts in the ride-hailing space.
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San Francisco-based Smitten Ice Cream is the first food company to use ‘non-animal’ whey protein from Perfect Day in a commercial product, giving the market a glimpse of how foods featuring these ingredients might be marketed. Smitten’s new N’Ice Cream …
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