Kraft Heinz to Separate Into Two Publicly Traded Companies

Kraft Heinz to Separate Into Two Publicly Traded Companies

Watch Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.

Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu

- Jennifer Bartashus, Bloomberg Intelligence Senior Analyst, Retail Staples & Packaged Food, discusses Kraft Heinz planning to split into two separate companies, one selling Heinz ketchup and other iconic condiments, and the other including slower-growing grocery products.

-Kenneth Shea, Bloomberg Intelligence Senior Consumer Products Analyst, discusses Activist investor Elliott Investment Management building a stake of about $4 billion in PepsiCo Inc., with plans to call for changes at the struggling beverage maker.

- Sam Fazeli, Bloomberg Intelligence, Director of Research for Global Industries and Senior Pharmaceuticals, discusses the latest in biotech sector. The US Centers for Disease Control and Prevention is currently awash in controversy as its leader fights her firing. The FDA has approved Covid-19 boosters for individuals with qualifying conditions and seniors age 65 and older, which may lead to higher out-of-pocket costs for others.

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Episoder(3366)

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Carnival Cuts Profit Outlook as Iran War Pushes Up Fuel Cost

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Trump Threatens Escalation With Sides at Odds on Peace Talks

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26 Mar 11min

Merck to Acquire Terns Pharmaceuticals in $6.7 Billion Deal

Merck to Acquire Terns Pharmaceuticals in $6.7 Billion Deal

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24 Mar 21min

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Oil Dives as Trump Backs Off Iran Threats

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23 Mar 19min

Instant Reaction: Stocks Surge After Trump Statement

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Stocks and bonds rebounded after President Donald Trump said the US and Iran had “very good” conversations about an end to the conflict in the Middle East. President rump said strikes against Iranian...

23 Mar 7min

FedEx Raises Profit Outlook on Network Overhaul

FedEx Raises Profit Outlook on Network Overhaul

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20 Mar 22min

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