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Stock market falls after mixed data on the economy
Fastcompany· 2025-12-17 09:17
Market Overview - The U.S. stock market is experiencing a decline, with the S&P 500 down 0.4% and the Dow Jones Industrial Average down 271 points or 0.6% as of 1:53 p.m. Eastern time, while the Nasdaq composite remains mostly unchanged [1] - Treasury yields have eased slightly after an initial drop, with the 10-year Treasury yield falling to 4.16% from 4.18% and the two-year Treasury yield easing to 3.48% from 3.51% [6] Economic Data - Recent mixed economic data has created uncertainty regarding future interest rate movements, with the U.S. unemployment rate reported at its worst level since 2021, but job additions exceeding economists' expectations [2][3] - A report indicated that revenue growth for U.S. retailers in October was stronger than anticipated, suggesting underlying economic strength [2] Inflation and Price Pressures - A report released indicated that average selling prices for businesses are rising sharply, with one of the fastest rates since mid-2022, while overall business activity growth has slowed to its weakest level since June [5] - Higher prices are being attributed to tariffs, affecting both manufacturing and services sectors, leading to broader affordability issues [6] Company-Specific Developments - Oracle's stock rose 2.4% and Broadcom's by 0.1%, despite previous sharp losses, as both companies reported stronger-than-expected quarterly profits [7] - CoreWeave, which provides access to AI chips, saw a decline of 4.9%, raising questions about the profitability of current AI technology investments [8] - Pfizer's stock fell 5.2% after providing a profit forecast for 2026 that was below analysts' expectations, although its revenue forecast for next year aligns closely with expectations [8] - Kraft Heinz's stock fell 0.1% following the announcement of Steve Cahillane as the new CEO, effective January 1, as the company prepares to split into two entities by the second half of 2026 [9] Global Market Trends - Stock markets in Europe and Asia experienced declines, with Japan's Nikkei 225 dropping 1.6% ahead of an anticipated interest rate hike by the Bank of Japan [10] - South Korea's Kospi fell 2.2%, while indexes in Hong Kong and Shanghai dropped by 1.5% and 1.1%, respectively [10]
贵阳市市场监督管理局2025年第19期市级食品安全监督抽检公告
Core Points - The Guizhou Market Supervision Administration conducted a food safety inspection, sampling 722 batches of food products across 21 categories, with 25 batches found to be non-compliant [3]. Group 1: Inspection Results - A total of 722 samples were collected, covering categories such as biscuits, tea, nuts, egg products, starch, condiments, and beverages [3]. - 25 batches were identified as non-compliant, with issues related to indicators such as coliform bacteria, anionic synthetic detergents, and pesticide residues [3]. Group 2: Compliance Actions - The local market supervision departments have been instructed to investigate and manage the non-compliant products, including tracing product distribution and recalling defective items [3]. - The administration emphasized strict legal actions against violations and committed to publicly disclose the risk control measures taken by the companies involved [3].
广东省中山市市场监督管理局食品监督抽检信息通告(2025年第50期)
Summary of Key Points Core Viewpoint - The Zhongshan Market Supervision Administration conducted a food safety inspection, testing 355 batches of various food categories, with 347 passing and 8 failing the safety standards [2]. Group 1: Inspection Results - A total of 355 food samples were tested, with 347 samples deemed qualified, resulting in a pass rate of approximately 97.7% [2]. - The inspection covered six major food categories: catering food, nut products, sugar, agricultural products, edible oils, and frozen foods [2]. Group 2: Non-compliance Details - Eight samples were found to be non-compliant, with specific issues including the presence of harmful bacteria and excessive levels of certain chemicals [2][3]. - Examples of non-compliant products include: - A catering product with detected coliform bacteria [2]. - A frozen food item containing sodium saccharin exceeding the allowable limit [3]. - Fresh produce with pesticide residues above the permissible levels [3]. Group 3: Consumer Engagement - The administration encourages consumers to participate in food safety supervision and report any harmful food products or illegal activities [2].
The Magnum Ice Cream: The Unilever Ice Cream Spinoff - Moat Real, Threats Too (NYSE:UL)
Seeking Alpha· 2025-12-17 04:14
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. The information contained herein is for informational purposes only. Nothing in this article should be ...
Laird Superfood® Updates Popular Liquid Creamer Line with USDA Certified Organic Ingredients, Introduces Caramel
Prnewswire· 2025-12-16 19:57
Core Insights - Laird Superfood has launched a new liquid creamer made from USDA Certified Organic ingredients, emphasizing its commitment to clean, minimally processed products [1][2] - The new creamer includes adaptogens and MCTs, and is free from artificial additives, positioning it as a leading option in the market [2] - The product is packaged in a 22-ounce bottle made from post-consumer recycled plastic, reducing its environmental impact [3] Product Details - The new Laird Superfood Creamer with Lion's Mane is available in various flavors, including a new caramel option, catering to diverse consumer preferences [2] - The suggested retail price for the new creamer is $6.49, making it accessible to a wide range of consumers [3] Company Background - Laird Superfood was co-founded by Laird Hamilton and Gabby Reece in 2015, focusing on superfood products that support active lifestyles [5] - The brand has expanded its product line from creamers to include instant lattes, coffees, bars, and prebiotic daily greens, maintaining a commitment to simple and minimally processed ingredients [5]
BofA Sees Steady Earnings Momentum Building at J.M. Smucker (SJM)
Yahoo Finance· 2025-12-16 18:55
The J. M. Smucker Company (NYSE:SJM) is included among the 15 Best Blue-Chip Stocks with Growing Dividends. BofA Sees Steady Earnings Momentum Building at J.M. Smucker (SJM) On November 26, BofA lifted its price target on The J. M. Smucker Company (NYSE:SJM) to $120 from $118 while maintaining a Neutral rating. The update followed the company’s Q2 results, where adjusted EPS edged past BofA’s expectations. In response to this, the firm nudged up its longer-term outlook, raising its FY27 adjusted EPS esti ...
Kraft Heinz Shakes Up Leadership Ahead of Company Split
Investopedia· 2025-12-16 18:06
Key Takeaways Kraft Heinz (KHC) is changing its recipe for leadership ahead of a planned split next year. The food and beverage giant on Tuesday said Steve Cahillane will become its CEO, effective Jan. 1. Cahillane, who was Kellanova's chief executive until its recent acquisition by Mars, also will join its board and serve as CEO of "Global Taste Elevation Co." following Kraft's planned split into two independent, publicly traded companies. Global Taste will take on the company's sauces and spreads business ...
Ben & Jerry's Co-founder Says New Owner Aims to Dismantle Social Mission
WSJ· 2025-12-16 17:53
Three boards members, including the chair, will be term limited under new rules imposed by Magnum Ice Cream. ...
Wall Street loses ground following mixed data on the economy
San Diego Union· 2025-12-16 17:17
By STAN CHOE, AP Business WriterNEW YORK (AP) — The U.S. stock market is slipping on Tuesday following mixed data on the economy’s strength, which did little to clear uncertainty about where interest rates may be heading. The S&P 500 fell 0.6% in afternoon trading and remains a bit below its all-time high set last week. The Dow Jones Industrial Average was down 342 points, or 0.7%, as of 12:45 p.m. Eastern time, and the Nasdaq composite was 0.3% lower.Treasury yields eased a bit, following a larger initial ...
Barry Callebaut shares jump on cocoa unit split report; analysts flag complex carve-out
Invezz· 2025-12-16 16:06
Shares of Swiss-Belgian chocolate maker Barry Callebaut climbed sharply on Monday after a Reuters report said the company is exploring options to separate its cocoa processing division, a move that co... ...