Browsing Tag
leans
6 posts
Heinz leans on NPD to grow Lunchables sales post-lead claims
Lunchables sales would take a long time to stabilise after the negative “and false” concerns over lead contamination, “which have lingered among parents who are worried about the impact to their kids”, US investment bank TD Cowen said in a Kraft Heinz Company update.Kraft Heinz would reverse the sales hit first by implementing a growth
Avio leans on defense business amid lull in launches
WASHINGTON — With Ariane 6 yet to begin launches and Vega C still grounded, Avio is relying on its growing defense propulsion business to pick up the slack. The company reported May 8 net revenues of 78.8 million euros ($85 million) in the first quarter of 2024, up from 59.8 million euros in the first
Coinbase leans heavily on accounting changes to post billion-plus profit
The Coinbase (NASDAQ: COIN) exchange posted impressive profits in the first quarter of 2024 thanks to meme coins, an artificially inflated BTC, and one heck of an accounting tailwind.Figures released on May 2 show Coinbase generated revenue of nearly $1.6 billion in the three months ending March 31, more than twice the sum generated in the same quarter last year and
ENISA leans into EU-based clouds with draft cybersecurity label
Cloud services providers that aren't based in Europe — like the Big Three — may have to team up with a cloud that is operated and maintained from the EU if they want ENISA's stamp of approval for handling sensitive data. ENISA, the European Union's cybersecurity agency, is currently developing a cybersecurity certification scheme that aims
Best Buy Health leans into at-home care through large provider deals
Skip to main content Best Buy is betting big on healthcare as it strikes deals with some of the nation's largest hospital systems. The company is partnering with several health systems, including Advocate Health, Geisinger Health and Mount Sinai Health System, to expand its at-home care technology platform Current Health, which it acquired for $400
USD/JPY leans bullish over medium term – BofA
Analysts at Bank of America (BofA) offer their outlook on the USD/JPY pair, maintaining a bullish outlook over the medium term. Key quotes "With lower oil prices and stalling outward M&A by Japan Inc., corporate JPY supply has likely peaked for now. However, investors' USD demand, another pillar of USD/JPY strength this year, could continue…