Progressive (NYSE:PGR) was trading lower as Wells Fargo Securities downgraded the property and casualty insurer over a slowing growth in its policies in force. Shares were -0.39% Thursday pre-market to $242.65. "We lower our rating on our view that PIF ...

Company Overview - Performance Food Group (PFGC) shares increased by 3.8% to $108.72 in the last trading session, with a higher-than-average trading volume [1] - The stock has gained 5.5% over the past four weeks, indicating positive momentum [1] Strategic Developments - There is growing optimism regarding a potential strategic collaboration between Performance Food and US Foods, as both companies have begun an information-sharing process to explore regulatory considerations and synergies [2] Financial Performance Expectations - Performance Food is expected to report quarterly earnings of $1.16 per share, unchanged from the same quarter last year, with revenues projected at $16.86 billion, reflecting a 9.4% increase year-over-year [3] - The consensus EPS estimate for the quarter has been revised 1.6% higher in the last 30 days, suggesting a positive trend that may lead to price appreciation [4] Industry Context - Performance Food is part of the Zacks Food - Natural Foods Products industry, where another company, Sprouts Farmers (SFM), experienced a 1.7% decline in its last trading session and has returned -14.8% over the past month [4] - Sprouts Farmers' consensus EPS estimate has increased by 0.4% to $1.16, representing a 27.5% change compared to the previous year [5]

Group 1 - GOJO Industries, the maker of Purell hand sanitizer, is exploring options for a full sale or minority stake, with a potential valuation close to $2 billion [1][2] - The company is in discussions with private equity firms and is working with investment bank Harris Williams, although these talks are at an early stage and no deal is guaranteed [2][3] - GOJO's spokesperson highlighted the company's strong performance and opportunities to expand the Purell brand and market solutions [2] Group 2 - The Lippman-Kanfer family, which owns GOJO, attempted to sell the company in 2023 but did not receive bids that met their price expectations, with Georgia-Pacific being the closest suitor [3] - Instead of pursuing a sale, GOJO took on $500 million in new debt from Silver Point Finance to repay existing debt and fund operations [4] - Sales of hand sanitizer surged during the COVID-19 pandemic, but the company's financials have since normalized [4] Group 3 - GOJO was founded in 1946 and is known for inventing the first one-step, rinse-off hand cleaner, as well as Purell, which was launched in the consumer market in 1997 [5] - The company sells a range of products, including soaps, wipes, and surface disinfecting sprays, primarily through business-to-business channels, serving schools, hospitals, and stadiums globally [6]

Core Insights - PLANTERS brand has launched two new trail mix blends: White Chocolate Macadamia Nut and Chocolate Caramel Pecan Crunch, aimed at enhancing the snacking experience with unique flavors and high-quality ingredients [1][3]. Product Details - The new trail mixes contain over 50% nuts, featuring premium macadamias and pecans, designed to provide bold flavors and all-day snackability [3]. - The White Chocolate Macadamia Nut Trail Mix combines salty snack nuts with sweet white chocolate and cookie squares, while the Chocolate Caramel Pecan Crunch Trail Mix blends salty nuts with chocolatey bites and caramel-flavored pieces [6]. Market Positioning - The PLANTERS brand aims to attract younger snackers and expand the trail mix category with these new flavors, which are positioned as indulgent yet nutritious options [3]. - The new products are available in 5-ounce stand-up bags, priced between $3.49 and $3.99, and are now on shelves nationwide [3]. Company Background - PLANTERS, founded in 1906, is a well-established brand under Hormel Foods Corporation, which has a diverse portfolio of snack products and is recognized for its commitment to quality and innovation [4][5].

Core Insights - Jim Wyckoff has over 25 years of experience in stock, financial, and commodity markets, including roles as a financial journalist and market analyst [1][2] - He has covered all futures markets traded in the U.S. and has worked with various financial news and advisory services [1][2] Company and Industry Summary - Jim Wyckoff operates the "Jim Wyckoff on the Markets" analytical, educational, and trading advisory service, providing insights into market trends [2] - He has held positions as a technical analyst for Dow Jones Newswires and as a senior market analyst with TraderPlanet.com, showcasing his expertise in market analysis [2] - Wyckoff is also a consultant for the "Pro Farmer" agricultural advisory service, indicating his involvement in agricultural market analysis [2] - He provides daily market roundups and technical specials on Kitco.com, making his insights accessible to a broader audience [3]

Houston, Texas-based Coterra Energy Inc. (CTRA) is an independent oil and gas company that develops, explores, and produces oil, natural gas, and natural gas liquids. Valued at $18.7 billion by market cap, the company develops oil and natural gas with a focus on protecting and preserving air quality, water resources, and the land on which it operates. Companies worth $10 billion or more are generally described as “large-cap stocks,” and CTRA perfectly fits that description, with its market cap exceeding t ...

Good morning. Writing effective prompts for generative AI models is becoming a fundamental skill in finance that employers increasingly value.In the past, finance and accounting resumes focused on CPA credentials, analytics, and technical experience, said Sundeep Reddy, EVP and chief accounting officer at Salesforce, during a panel session at Workday Rising in San Francisco on Wednesday. “Now, it’s shifting to: ‘How have you used AI? What are your prompting skills? Have you written prompt scripts for agenti ...

Group 1 - Nvidia plans to invest $5 billion in Intel to co-develop data center and PC chips, following the U.S. government's acquisition of a 9.9% stake in Intel through an $8.9 billion investment [1] - Intel shares surged 29% in pre-market trading, while Nvidia shares increased by 3% after the announcement [1] - Nvidia will purchase Intel shares at $23.28, which is above the government's purchase price of $20.47, making Nvidia a 4% owner of Intel [3] Group 2 - The collaboration aims to integrate Nvidia's AI and accelerated computing stack with Intel's CPUs, creating a fusion of two leading platforms [2] - Nvidia will design custom processors for data centers, which will be sold alongside its AI GPUs, ensuring high-speed communication between Nvidia and Intel chips [4] - Intel will develop chips that incorporate Nvidia's RTX GPU, targeting gamers and individuals interested in Bitcoin mining [5] Group 3 - Intel's stock has risen 28% since Donald Trump's demand for CEO Lip-Bu Tan's resignation, with a total increase of 65% including pre-market gains [6]

The Wall Street adage — "Sell Rosh Hashana; buy Yom Kippur†— focuses on the market's performance between these two Jewish holidays. ...

Now you can get access to the latest and highest-quality analysis of recent Wall Street buying and selling ideas with just one subscription to Beyond the Wall Investing ! There is a free trial and a special discount of 10% for you. Join us today!My coverage history of Rivian Automotive (NASDAQ: RIVN ) stock has seen both bearish and bullish ratings, with the most recent article, which came out in March 2025, suggesting a likely reversalDaniel Sereda is chief investment analyst at a family office whose inves ...