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Kraft Heinz appointed former Kellanova CEO Steve Cahillane as its new chief executive, effective January 1, 2026, ahead of its planned split into two companies.
Fortune's 2025 'Next to Lead' list identified 25 rising executives, with technology and financial services each contributing six leaders to the list of potential future Fortune 500 CEOs.
Quantum Corporation (QMCO) faces a crisis of confidence following the disclosure of significant accounting control failures, the resignation of its CEO after just five months, and the initiation of securities fraud lawsuits. The events signal deep internal issues and have caused a strongly bearish market sentiment.
Masco (MAS) announced a significant leadership restructuring effective January 2026, a move that aligns with a broader corporate trend of executive changes aimed at navigating sluggish growth and driving strategic transformation.
Hyperscale Data (GPUS) announced its Bitcoin treasury now represents 97.5% of its market capitalization, totaling approximately $75.5 million. This move aligns with its strategy to build a $100 million digital asset reserve, positioning the AI data center firm as a significant corporate holder of Bitcoin.
Kraft Heinz stock has dropped over 20% year-to-date as it announces a strategy of cost-cutting and brand revitalization. The move comes as competitors like PepsiCo undertake aggressive restructuring, raising questions about whether Kraft Heinz's plan is sufficient to address shifting consumer preferences for healthier, value-oriented products.
Skippy and Milk Bar have announced a strategic partnership, revealing Skippy Peanut Butter as a core ingredient in a popular Milk Bar dessert and co-launching a new recipe. This collaboration exemplifies a broader industry trend of leveraging co-branding and limited-edition offerings to drive seasonal sales and consumer engagement in the highly competitive snack food market.
Campbell's Soup Company reported a 3% quarterly sales decline and a 13% drop in adjusted earnings, driven by lower volumes and cost pressures. The company's stock fell 6.2% as it announced a new $286 million investment to increase its stake in the premium Rao's brand.
Falling government bond yields are pushing investors toward high-yield dividend stocks for income. In response, corporations with strong balance sheets are increasing shareholder returns through special dividends and buybacks, signaling confidence despite broader economic uncertainty.