Fidelity MSCI Consumer Staples Index ETF
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All FSTA news ›Amazon is getting back into restaurant delivery with Uber Eats team-up
Prime members can now order takeout straight from the Amazon app or website with waived delivery fees on orders over $25. Prime members can order Uber Eats takeout directly on Amazon’s website or app using their existing Amazon payment…
Bernstein Reaffirms Their Sell Rating on General Mills (GIS)
In a report released yesterday, Alexia Burland Howard from Bernstein maintained a Sell rating on General Mills, with a price target of $30.00. The company’s shares closed yesterday at $34.75. Burland Howard covers the Consumer Defensive…
Amazon Trades at a Fraction of Costco's Valuation. Is the Discount Deserved?
The numbers would normally be reversed. Let's look at what's got investors thinking so defensively right now. Veteran investors probably remember when shares of then-young e-commerce giant Amazon (AMZN +6.12%) were uncomfortably expensive.…
New Amazon Prime Benefit: Free Uber Eats Delivery on Restaurant Orders
Amazon and Uber have launched a new delivery benefit that lets U.S. Prime members place restaurant orders of $25 or more with no delivery fee, all handled directly through Amazon.com and the Amazon Shopping app. The service runs on Uber…
Prodalim Acquires South Africa’s Brenn-O-Kem, Expanding Its Global Circular Economy Platform with High-Value Grape-Based Specialty Ingredients
Prodalim will acquire 93.25% of BOK for 37M USD. Founded in 1968, BOK operates three production sites in South Africa’s Cape region, employing 160 people. For the 12 months ended September 2026, BOK generated approximal 29M USD in revenue…
Electronics retailer MediaMarktSaturn ramps up on demand delivery service push across Germany
236 MediaMarktSaturn stores across 141 cities in Germany are now available on Just Eat's Lieferando Deutschland service. The rapid delivery service is growing from ten cities to 141 across Germany. The product range is also expanding, up…
Unilever To Sell Myanmar Joint Venture Stake, Deal Expected To Close In 2027
Consumer goods giant Unilever said on Thursday that it will exit a joint venture in Myanmar, even as a new military-backed government in the war-torn Southeast Asian country seeks to drum up foreign investment. "Unilever can confirm that…
Kraft Heinz sells North American coffee business, including iconic Maxwell House brand for $650 mln
The brand was founded way back in 1892 by food wholesaler Joel Owsley Cheek, who renamed it in honour of the Maxwell House Hotel in Nashville, his first major client. The sale – which is expected to close in mid-2027, subject to regulatory…
General Mills Soars 5% With Packaged Food as Kraft Heinz Calls 2027 Price Hikes “Likely”
Mizina from Getty Images and Kesinee Khaikaew from Getty Images General Mills (GIS) rose 5% today without a word from the company. The news came from Kraft Heinz (KHC), whose CEO said on its third-quarter call that price increases are…
Why Should You Think About Coca-Cola Differently Now?
Coca-Cola’s Management Now Talks Up Recruiting Consumers A year earlier, the emphasis was on how the company is built. During the fiscal Q3 2025 call in October 2025, management said re-franchising allowed Coca-Cola to further focus on…
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