Coronavirus pandemic spurs a chocolate and frozen pizza sales boom in America: top Nestle exec

Apr 3, 2020

The cupboard isn’t just stocked up with Spam as Hormel’s CEO recently told Yahoo Finance, but another comfort food — good old-fashioned chocolate bars, baking ingredients and frozen pizzas. “I think as you look across all of the categories, we are seeing really big increases,” Nestle USA Chairman and CEO Steve Presley said on Yahoo […]

Clinical trials troubled amid coronavirus outbreak, drug sales not so much

Apr 1, 2020

Anecdotal reports of clinical drug trials being disrupted by the coronavirus outbreak have caused concern for the life sciences sector at large, though it appears vaccine trials for COVID-19 won’t be affected, according to Moody’s. In a note Wednesday, the financial...

Even if Hasbro’s toy sales go to zero during the coronavirus pandemic, it’s still strongly positioned: UBS

Mar 30, 2020

Wall Street equity research tends to get wacky during recessions or periods of great stress in the markets. Case in point is a new research note Monday by UBS on toy king Hasbro (HAS). UBS analyst Arpine Kocharyan voices some concern over toy demand this month at...

Coronavirus pandemic spurs brisk sales of computers and printers as a nation works from home: HP CEO

Mar 26, 2020

Canned food and Zoom video conference software aren’t the only things experiencing brisk sales in a quarantined United States. Good old fashioned HP notebook computers and wireless printers appear to be flying out the door as the nation works from home due to the...

Spam sales are on fire as people stay quarantined during coronavirus pandemic: Hormel CEO

Mar 26, 2020

There is a lot of Spam grilling going on at quarantined households right now. Hormel CEO — maker of the nation’s unofficial canned meat — Jim Snee tells Yahoo Finance sales of Spam have been strong during the coronavirus pandemic. Snee hinted the 80-year-old brand’s...

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