11 January, 2022 by The TZ Newswire Staff Comments Off on Why Beyond Meat Stock Shot 4% Higher Today
Why Beyond Meat Stock Shot 4% Higher Today
Beyond Meat (NASDAQ: BYND), one of the top names in the burgeoning alt-protein space, trounced the broader stock market on Tuesday. The company’s shares rose past the 4% mark, more than quadruple the percentage gain of the S&P 500 index. Investors were cheered by a new product that will appear on the menu of a popular restaurant chain.
Beyond Meat announced in a press release that its Beyond Italian Sausage Crumbles are now available in three dishes on the menu of Yum! Brands‘ (NYSE: YUM) Pizza Hut restaurants in Canada.
11 January, 2022 by The TZ Newswire Staff Comments Off on Mayor of Washington declares a Public Health Emergency
Mayor of Washington declares a Public Health Emergency
Compounding the surge in cases is that some hospitals are seeing 25% staff shortages related to COVID-19, preventing them to use all of their capacity, the order says.
11 January, 2022 by The TZ Newswire Staff Comments Off on Australia’s second-most populous state to fine people who do not log positive RAT tests
Australia’s second-most populous state to fine people who do not log positive RAT tests
Australia has really dropped the ball on RAT tests. Now propose to fine people to distract from the ****-ups?
11 January, 2022 by The TZ Newswire Staff Comments Off on Reuters Tankan – manufacturing index slips to 17 in January from 22 in December
Reuters Tankan – manufacturing index slips to 17 in January from 22 in December
The December reading was the best in 10 months, some give back this month though. Japan January Manufacturing Index +17prior +22Non-manufacturing Index +8, a 23-month highprior +6 Some of the remarks received:”There’s a demand rush before prices are raised,” (referring to rising input prices impacti
11 January, 2022 by The TZ Newswire Staff Comments Off on Morgan Stanley expect the Bank of Canada to hike rates this month
Morgan Stanley expect the Bank of Canada to hike rates this month
Morgan Stanley (this via eFX) “We expect the Bank of Canada to hike rates this month, surprising the market and boosting CAD. The December employment report was very strong (headline employment, full-time vs. part-time jobs, and the regional breakdown indicated a robust labor market), which should c
11 January, 2022 by The TZ Newswire Staff Comments Off on Why Impinj Stock Rose 10.8% Today
Why Impinj Stock Rose 10.8% Today
Shares of Impinj (NASDAQ: PI) closed Tuesday’s trading session 10.8% higher, propelled by updated revenue guidance for the fourth quarter.
The maker of radio-frequency identification (RFID) tracking chips and data readers now expects fourth-quarter revenues to exceed $52 million. That’s a 10.6% boost over the midpoint of management’s existing guidance for this period. As a result, the year-over-year sales-growth target increased from 29% to 43%.
Image source: Getty Images.
11 January, 2022 by The TZ Newswire Staff Comments Off on Here is what’s on the economic calendar in Asia today – China inflation data for December
Here is what’s on the economic calendar in Asia today – China inflation data for December
(Bonus pro-tip … don’t forget to click ‘Publish’) At 2300 GMT we get the Reuters Tankan for January 2022prior is here: Best reading in 10 monthsThe Reuters tankan report is monthly and is aimed at pre-empting the Bank of Japan’s own tankan report, which is quarterly.2350 GMT, more from Japan. Curr