Lawsuits say Cento isn’t canning real San Marzano tomatoes

Lawsuits say Cento isn’t canning real San Marzano tomatoes

The largest U.S. seller of San Marzano tomatoes, known to food lovers as the best tomatoes to make pasta sauce, has been hit with two federal lawsuits claiming what’s inside the can isn’t the real thing. New Jersey-based Cento Fine Foods called the claims “wrongful” this week and assures their tomatoes are true San Marzanos, meaning they were grown at the base of Mount Vesuvius in Campania in Italy. Continue Reading Below One suit filed…

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5 Inverse ETFs That Benefit From Market Declines

5 Inverse ETFs That Benefit From Market Declines

This article was originally published on ETFTrends.com. With increasing trade war jitters, Wall Street is likely to record losses for May 2019 for the first time in 7 years. The three major stock market indices, the Dow Jones Industrial Average, S&P 500, and Nasdaq have all lost as much as 4% this month alone, and could continue this trend. If the losses […] Continue Reading Below Read more at ETFTrends.com > Free America Network Articles

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HP, Hibbett rise; Foot Locker, Autodesk fall

HP, Hibbett rise; Foot Locker, Autodesk fall

Stocks that moved substantially or traded heavily on Friday: Autodesk Inc., down $8.32 to $161.22 Continue Reading Below The design software company’s first quarter profit and revenue fell short of Wall Street forecasts. Foot Locker Inc., down $8.43 to $44.40 The shoe store’s first quarter financial results fell short of analysts’ forecast and it trimmed its profit forecast for the year. Total System Services Inc., up $13.83 to $113.45 The credit card transaction company is…

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Exploring Popular Thematic ETFs in Niche Markets

Exploring Popular Thematic ETFs in Niche Markets

This article was originally published on ETFTrends.com. With all the broad market real estate already accounted for, ETF providers are honing in on specific segments and offering thematic strategies that focus on niche markets. “It’s really an opportunity, number one, for other sources of outperformance. Everybody’s mining the same factors, styles – all that stuff. But thematics, slices, little slices of the […] Continue Reading Below Read more at ETFTrends.com > Free America Network Articles

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Volkswagen names new chief executive at Tennessee plant

Volkswagen names new chief executive at Tennessee plant

German auto maker Volkswagen has named a new chief executive at its factory in Chattanooga, Tennessee. Plant spokeswoman Amanda Plecas said in a phone interview Friday that Frank Fischer has been named the new CEO at the factory where 3,800 workers produce the Passat and Atlas vehicles. Continue Reading Below Plecas said employees were notified Thursday about the hiring of Fischer, who was CEO when the plant broke ground in 2008 and began production in…

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5 ETF Strategies To Mitigate Trade Spat Pressure

5 ETF Strategies To Mitigate Trade Spat Pressure

This article was originally published on ETFTrends.com. There is little doubt that the recent US-China trade tensions have adversely affected both consumers and producers in the two countries. The tariffs have reduced trade between the US and China, but the bilateral trade deficit remains broadly unaffected. Although the impact on global growth is relatively moderate at this time, the latest escalation could significantly […] Continue Reading Below Read more at ETFTrends.com > Free America Network Articles

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United Airlines extends cancellation of Boeing Max flights

United Airlines extends cancellation of Boeing Max flights

United Airlines is canceling another month’s worth of flights with Boeing 737 Max planes that were grounded after two deadly accidents. United said Friday it has removed the Max from its schedule through Aug. 3 and will cancel about 2,400 flights in June and July as a result. It had previously canceled all Max flights through early July. Continue Reading Below Southwest and American have already dropped the Max from their schedules into August. Boeing…

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Shell finds light oil reserves at mountain in Albania

Shell finds light oil reserves at mountain in Albania

Shell Upstream Albania B.V. has confirmed “a significant light oil discovery” at a mountain south of the capital, Tirana. A statement Friday quoted Marc Gerrits, Shell’s executive vice president in exploration, as saying that “initial tests have confirmed the potential of this discovery.” Continue Reading Below The discovery at the Shpirag mountain, 120 kilometers (75 miles) from Tirana, has “a flow potential of several thousand barrels of oil per day … in a fractured carbonate…

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CEO Pay: When investors say “nay” on spiraling packages

CEO Pay: When investors say “nay” on spiraling packages

Image 1 of 2 ▼ FILE – In this April 26, 2018, file photo Disney CEO Robert Iger speaks at the grand opening of Toy Story Land at Shanghai Disneyland in Shanghai, China. Iger earned $65.6 million in 2018, according to data analyzed by Equilar for The Associated Press. Disney shareholders were upset last year about his pay, and 52% of shares cast at the annual meeting voted against the compensation packages for top executives….

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QQQ ETF – Is Now a Good Time to Buy?

QQQ ETF – Is Now a Good Time to Buy?

This article was originally published on ETFTrends.com. The tech-heavy Invesco QQQ Trust (QQQ), which tracks the Nasdaq-100 Index, is an ETF to consider during the months of June and July. That may surprise some investors because summer is usually not viewed as good months for stocks. The May through October period is viewed as the weaker six-month period in which to own […] Continue Reading Below Read more at ETFTrends.com > Free America Network Articles

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