Coca-Cola recently announced an increase in its full-year outlook due to the rising global demand for its drinks in the second quarter. The company now expects organic revenue growth of 9% to 10%, up from the previous forecast of 8% to 9%. Additionally, Coke raised its outlook for comparable earnings growth to a range of
Business
General Motors is anticipated to release its second-quarter results soon, and analysts are optimistic about the performance of the company. Compared to other traditional Detroit automakers, GM is expected to stand out with stable sales and vehicle prices throughout the first half of the year. The average estimates compiled by LSEG suggest that GM’s earnings
Warner Bros. Discovery recently announced its intention to exercise its matching rights for a package of games that was slated for another company. The company is targeting the deal between NBC and Amazon Prime Video. This move by Warner Bros. Discovery comes after the NBA notified them of its intention to accept other offers for
McDonald’s has seen a significant increase in customer traffic since the introduction of the $5 value meal deal. Executives in the U.S. system reported that 93% of restaurants have voted to extend the promotion past its original end date. This shows that the offer is resonating with customers and keeping them loyal to the brand.
General Motors is expected to stand out among the traditional Detroit automakers due to stable sales and vehicle prices during the first half of the year. Analysts estimate that GM will report a solid adjusted profit of $2.75 per share, which is a significant increase from the previous year. The revenue is also expected to
Michelle Mack, residing in Bonsall, California, masterminded a large-scale organized retail crime operation that targeted prominent retailers like Ulta Beauty and Sephora. She orchestrated the criminal activities from her lavish 4,500-square foot mansion in the outskirts of San Diego, overseeing a network of around 12 individuals who pilfered millions of dollars’ worth of merchandise. Recently,
Penn Entertainment recently announced that it will be laying off approximately 100 employees as it shifts its focus towards the growth of ESPN Bet. This decision comes as the company looks to enhance operational efficiencies following its acquisition of the Canadian media and gaming giant, theScore, in 2021. With a workforce of around 20,000 employees,
In a surprising turn of events, Ford Motor Company has decided to shift its production focus from all-electric vehicles to its large Super Duty trucks. This decision comes as the company announces plans to expand its production capabilities at a Canadian plant that was originally intended to be converted into an EV hub. With an
General Motors has announced that it will be increasing production of the Cadillac Escalade V-Series performance model for the 2025 model year. The new SUV will come with a variety of updates and enhancements, including a standard 55-inch diagonal display across the dash, a passenger-only screen, an “executive package” for the second row, power doors,
New Balance recently made headlines by announcing a multi-year partnership with the Women’s National Basketball Association (WNBA), which is a significant move in the realm of women’s sports. This partnership will not only establish New Balance as an official sponsor of the WNBA but will also include collaborations in broadcast, digital, and retail spaces, featuring