Argus Upgrades Herbalife to Buy, Sees Growth Ahead
Argus upgrades Herbalife to Buy with a $15 target, citing strong Q3 results, improved EPS forecasts, and new products driving 2025 revenue growth.
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US Foods Ends Merger Talks with Performance Food Group, Announces $1.25B in Share Buybacks
US Foods terminates potential merger with Performance Food Group, reaffirms growth targets, and unveils $250M accelerated share repurchase plus new $1B buyback authorization.
Walmart Raises Annual Forecast After Strong Quarter, Plans Nasdaq Move
Walmart boosts 2025 forecast for second time as eCommerce grows 27%. Stock moving to Nasdaq in December as retailer expands tech focus.
Target Adjusts Outlook as Turnaround Efforts Continue
Target trimmed its 2025 profit outlook due to cautious shoppers and soft demand. Incoming CEO Michael Fiddelke plans a $5 billion investment next year to fuel growth.
AB InBev Eyes $700M Deal for BeatBox to Attract Younger Drinkers
Beer giant Anheuser-Busch InBev is in talks to acquire BeatBox, a popular fruity alcoholic beverage brand, for around $700 million to capture younger consumers.
Beyond Meat Reports Deepening Losses Amid Declining Plant-Based Demand
Beyond Meat reports $110.7M Q3 loss as sales drop 13% to $70.2M. Asset impairment charges, weak U.S. demand, and category headwinds weigh heavily on plant-based meat company.