The FDA and HHS are launching a national push to eliminate petroleum-based food dyes, starting with Citrus Red No. 2 and Orange B. The plan is part of Robert F. Kennedy Jr.'s "Make America Healthy Again" campaign to improve public health and food safety.
Stay informed about the performance of the S&P500 index one hour before the close of the markets on Monday. Uncover the top gainers and losers in today's session for valuable insights.
Greeley, CO - Dusty Kraft, a distinguished Greeley Realtor and owner of The Krafting Home Team - Realty One Group Fourpoints, achieved the prestigious title of Top Producer in Weld County. This recognition underscores his unwavering dedication to the real estate profession and deep-rooted commitment to the Northern Colorado community. In addition to being named Top Producer, Kraft was honored as Weld County’s Real Estate Agent of the Year by RateMyAgent. This award is based on verified client reviews and reflects his exceptional service, trust, and expertise to home buyers and sellers. The dual recognition solidifies his reputation as a top-tier real estate professional in Northern Colorado.
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Kraft Heinz trades at $29.09 per share and has moved almost in lockstep with the market over the last six months. The stock has lost 15.9% while the S&P 500 is down 14.1%. This was partly driven by its softer quarterly results and might have investors contemplating their next move.
Consumer staples are considered safe havens in turbulent markets due to their inelastic demand profiles. Unfortunately, the sector hasn’t provided much protection lately as it pulled back by 9.7% over the past six months. This drop was worse than the S&P 500’s 2% loss.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Kraft Heinz (NASDAQ:KHC) and the best and worst performers in the shelf-stable food industry.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at B&G Foods (NYSE:BGS) and the best and worst performers in the shelf-stable food industry.
Food flavoring company McCormick (NYSE:MKC) fell short of the market’s revenue expectations in Q1 CY2025, with sales flat year on year at $1.61 billion. Its non-GAAP profit of $0.60 per share was 6.8% below analysts’ consensus estimates.
