The S&P 500 (SNPINDEX:^GSPC) rose 0.78% to 6,891.04, the Nasdaq Composite (NASDAQINDEX:^IXIC) gained 1.04% to 22,863.68, and the Dow Jones Industrial Average (DJINDICES:^DJI) added 0.76% to 49,174.49 as AI jitters eased. Market movers Biotech player Iovance Biotherapeutics jumped 32% on positive sarcoma trial data, while Advanced Micro Devices climbed on reports of a new AI chip deal with Meta Platforms. In staples, J.M. Smucker outperformed after a Bank of America upgrade, while General Mills lagged aft ...

Class Action Filed Against Beyond Meat, Inc. (BYND) Seeking Recovery for Investors - Contact The Gross Law Firm [Accessibility Statement] Skip NavigationNEW YORK, Feb. 24, 2026 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Beyond Meat, Inc. (NASDAQ: BYND).Shareholders who purchased shares of BYND during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any r ...

Wall Street sentiment toward General Mills Inc. (NYSE:GIS) is becoming cautious. A leading analyst has downgraded the stock, reduced his price target and extended the expected recovery timeline. Several others share this outlook. • What are GIS shares doing today?Below is an overview of the factors behind this shift and its implications for investors.BofA Downgrade DetailsBofA Securities analyst Peter T. Galbo downgraded General Mills to Neutral from Buy and lowered his price forecast to $48 from $55, cit ...

Core Viewpoint - Despite high market uncertainty, certain consumer stocks are still considered undervalued and have potential for long-term gains [1] Group 1: Conagra Brands - Conagra Brands has seen a rally since early 2026 but remains down over 20% in the past year due to inflation and changing consumer habits [4] - The company has initiated "Project Catalyst," an AI-based initiative aimed at revamping its core business, though its success remains to be seen [5] - Potential recovery catalysts include selling underperforming brands and acquiring faster-growing ones, alongside a high dividend yield of 7.6% at current prices [6] Group 2: Macy's - Macy's shares have surged nearly 75% over the past six months due to cost-cutting measures, store closures, and targeting affluent customers [7] - The stock trades at a low valuation of 12 times forward earnings compared to competitors like Kohl's at nearly 20 times [8] - The recent bankruptcy of competitor Saks Global may provide Macy's with further opportunities for valuation expansion [9] Group 3: Signet Jewelers - Signet Jewelers' shares have increased by 80% over the past year, driven by successful changes under CEO J.K. Symancyk [10] - The company has embraced lab-grown diamonds and differentiated its retail brands, leading to better-than-expected quarterly results, although earnings growth for the fiscal year is estimated at only 4% [11] - Forecasts for the current fiscal year suggest earnings growth could reach 19.7%, indicating potential for valuation expansion from its current low of 8.5 times forward earnings [12]

IDFC First Bank Ltd disclosed a potential fraud incident, involving unauthorised activities worth ₹590 crore by certain employees at its Chandigarh branch, linked to Haryana Government accounts. The issue surfaced from a Haryana Government department’s account closure request, revealing discrepancies between stated balances and actual funds. Further probes from February 18 showed mismatches in other Haryana entity accounts at the branch. Preliminary review confirms the matter is isolated to specific governm ...

Domestic appetites for delicacies made in China are growing alongside international ones https://t.co/NcEiUMQPwt ...

Gen Alpha has acquired a taste for shrimp tempura and salmon nigiri—and parents are paying a heavy price. 🍣 https://t.co/RZiIOFhJW8 https://t.co/YNn8Oi3cyj ...

Core Insights - Pilgrim's Pride Corporation's Just Bare chicken brand has achieved over $1 billion in annual retail sales in 2025, marking a significant growth from a niche product to a leading player in the chicken market [1][9] Growth and Market Position - Just Bare has experienced a remarkable 45% annual growth rate, increasing its market share from 1% to 13% within three years, driven by strong consumer demand for convenient, clean-label protein options [2][9] - The brand leads the fully cooked chicken category in sales pace, supported by expanding retail distribution across mass, club, and grocery channels [2] Product Portfolio and Consumer Trends - The frozen fully cooked portfolio of Just Bare generates over $750 million in annual sales, with the Oven Roasted platform appealing to consumers seeking quick preparation and minimal ingredients [3] - The brand's focus on simplicity, transparency, and antibiotic-free chicken aligns with evolving consumer preferences for higher-quality convenience foods [3] Capacity Expansion and Strategic Initiatives - To meet rising demand, Pilgrim's Pride is constructing a new prepared chicken facility in Walker County, GA, aimed at increasing production capacity for Just Bare products [4] - This investment reflects the company's confidence in sustained volume growth and highlights the importance of the brand in scaling value-added prepared foods [4] Broader Strategic Goals - Pilgrim's Pride aims to reduce exposure to commodity price fluctuations by expanding its branded, value-added offerings, investing in prepared foods capacity, and strengthening key customer partnerships [5] - The company seeks to diversify revenue streams and build a more resilient earnings profile while addressing the growing demand for convenient protein solutions [5] Valuation Metrics - Pilgrim's Pride currently trades at a forward 12-month P/E ratio of 9.66, which is below the industry average of 13.35 and the sector average of 18.03, indicating a modest discount relative to peers [10]

Danone gave its first estimate of the potential cost of the recent recalls of infant formula over a contamination scare https://t.co/WTAEAMBlfg ...

Group 1 - The core viewpoint of the article highlights that while like-for-like sales increased by 4.7%, the food company is facing challenges due to a series of infant formula recalls [1] Group 2 - The increase in like-for-like sales indicates a positive trend in consumer demand for the company's products [1] - The recalls of infant formula have negatively impacted the overall perception of the company's latest results, overshadowing the sales growth [1]