Nvidia Stock Is Now Cheaper Than a Toilet-Paper Company, Data Shows
Nvidia's forward P/E fell to 15.2x, below Kimberly-Clark's 15.5x. The AI chipmaker now trades cheaper than 22 of 33 consumer staples stocks.
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The Kraft Heinz Company Declares Quarterly Dividend
The Kraft Heinz Company board of directors declared a regular quarterly dividend of $0.40 per share, payable on December 23, 2026.
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Kraft Heinz Announces Divestiture of North American Coffee Business
Kraft Heinz has agreed to divest its North American coffee business, including brands like Maxwell House and Gevalia, to One Rock Capital Partners in a deal valued at $650 million.
Wells Fargo Adjusts Kraft Heinz Price Target
Wells Fargo maintained an Equal-Weight rating on The Kraft Heinz Company while raising its price target to $24 from $23.
Wells Fargo Maintains Equal-Weight on Kraft Heinz, Raises Price Target to $24
Kraft Heinz: 3 Key Takeaways for Long-Term Investors
Kraft Heinz announced the divestiture of its North American coffee business to One Rock while retaining a 30% stake, allowing the company to focus capital on higher-growth core brands. The company is deploying $700 million in brand and marketing investments with data-driven adjustments to pricing strategies. Management expects input cost inflation slightly above 5% next year and plans to rely on productivity gains before implementing targeted price increases, though price hikes appear inevitable in 2027.
Kraft Heinz Appoints Two New Members to Board of Directors
Kraft Heinz announced the appointment of Kelly Dilts and J. Michael Schlotman to its Board of Directors, effective November 4, 2026.