Weed stocks rally on last day of a brutal year

After a brutal year for cannabis investors, weed stocks on Tuesday were rebounding in the final trading session of 2019. Exchange-traded funds that track cannabis companies jumped more than 5% in Tuesday trading. The Horizons Marjiuana Life Sciences Index ETF HMMJ, +7.10% gained 7.7%, the ETFMG Alternative Harvest ETF MJ, +5.61% rose 5.3% and the Cannabis ETF THCX, +5.93% rose 5.7% — reflecting […]

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Beyond Meat might not be the only plant-based burger McDonald’s uses if it launches in the U.S.

If McDonald’s Corp. decides to add the P.L.T. to its menu in the U.S., there a good chance Beyond Meat Inc. won’t be the only plant-based burger provider the quick-service giant partners with, UBS said Tuesday. McDonald’s MCD, +0.13%announced in September that it was testing the P.L.T., or plant, lettuce and tomato, in Ontario, Canada. Analysts question whether the test […]

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Premier Protein maker BellRing’s stock rallies toward fresh highs after bullish analyst calls

Shares of Premier Protein-branded snacks maker BellRing Brands Inc. BRBR, +3.59% surged 3.7% toward fresh highs in morning trading Monday, after a host of Wall Street analysts started coverage of the recent IPO will bullish ratings. Of the 8 analysts surveyed by FactSet, 7 set ratings at the equivalent of buy and 1 had a rating of the equivalent hold. […]

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Dunkin’ and Starbucks are in a race to make the fastest espresso

Dunkin Brands Group Inc. and Starbucks Corp. are racing to make the fastest coffee in the market. Dunkin’ DNKN, -2.57%  chief Executive David Hoffmann talked up the 40% third-quarter sales growth in its espresso drinks, with the new Signature Latte line leading the way. Moreover, he said, they’re still making a quick cup. “And most importantly, we’ve maintained our operational […]

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Beyond Meat stock bulls got what they wanted, and bears could get slaughtered

One of Wall Street’s biggest concerns about Beyond Meat Inc.’s stock is that current valuations limit potential gains, but the odds are now ‘very high’ that problem will be fixed soon, ironically, by the bears. Beyond Meat investors got what they were waiting for Thursday, as McDonald’s Corp. said it will begin testing in Canada a burger with a Beyond […]

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Tory Lord Young quits government in protest at Boris Johnson’s Brexit shutdown

Boris Johnson has suffered his first resignation over his bombshell decision to shut down Parliament for a month over Brexit . Lord Young of Cookham resigned as a government spokesman today in protest at the "tinpot" Prime Minister's bid to thwart MPs having their say on no-deal. The former leader of the House of Commons under David Cameron said he […]

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‘Meatless meat’ defenders sue Mississippi for violating free-speech

ACKSON, Miss. (AP) — A federal lawsuit says Mississippi is violating free-speech rights by banning makers of plant-based foods from using terms such as “meatless meatballs” and “vegan bacon.” The lawsuit against Mississippi Republican Gov. Phil Bryant and the state’s Republican agriculture commissioner, Andy Gipson, was filed Monday by the Plant Based Foods Association and the Illinois-based Upton’s Naturals Co. […]

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Google Investing $1 Billion To Fix Bay Area’s Tech-Driven Housing Crisis

Google announced Tuesday that it’s investing $1 billion in developing more housing across the San Francisco Bay Area, where the rise of wealthy tech companies has helped fuel one of the country’s biggest affordability crises. The tech giant, one of the main companies targeted by Bay Area housing activists, plans to put $750 million toward repurposing Google-owned land into 15,000 […]

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