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NPC International, Inc. (NASDAQ : NPCI), which owns over 1,200 of Yum Brands (NYSE:YUM) Pizza Hut restaurants and almost 400 Wendy’s locations (NASDAQ:WEN). files for Chapter 11 bankruptcy.
NPC International defaulted on the financial covenants in its lending agreement missing interest payments on almost $800 million in loans that were due in January 2020.
NPC’s restaurants will continue to operate while it goes through the reorganization Chapter 11 process. Big decisions will get approved by the court.
Jon Weber, CEO of NPC’s Pizza Hut division, said in a statement the company will use Chapter 11 to “evaluate and optimize our restaurant portfolio so that we are best positioned to meet the needs of consumers across the country.”
Jon Weber is CEO of NPC’s Pizza Hut division. Jon is an energetic and results-driven restaurant executive with more than 24 years of proven success with well-known and respected brands in the restaurant industry.
Most recently Jon was the Chief Executive Officer and President for Apple Investor Group (AIG), a privately held, multi-brand restaurant company. Preceding AIG, Jon held the position of Vice-President of Operations for Applebee’s International where he was directly responsible for both Company and Franchise Operations for 1,014 domestic Applebee’s locations with sales accountability exceeding $2.6B annually. Source NPC International
Pfizer Inc. (NYSE: PFE) reports if the vaccine gets regulatory approval, it expects to make up to 100 million doses by year-end and “potentially” more than 1.2 billion by the end of 2021. Pfizer shares reached up 4.6% on the news, respectively BioNTech’s U.S.-listed shares rose 7%.
“We are encouraged by the clinical data of BNT162b1, one of four mRNA constructs we are evaluating clinically, and for which we have positive, preliminary, topline findings,” said Kathrin U. Jansen, head of vaccine research and development at Pfizer, in a release.
Pfizer Inc. (NYSE: PFE) and BioNTech SE (Nasdaq: BNTX) announces preliminary data from the most advanced of four investigational vaccine candidates from their BNT162 mRNA-based vaccine program, Project Lightspeed, against SARS-CoV-2, the virus causing the current global pandemic. The BNT162 program is evaluating at least four experimental vaccines, each of which represents a unique combination of mRNA format and target antigen. The manuscript describing the preliminary clinical data for the nucleoside-modified messenger RNA (modRNA) candidate, BNT162b1, which encodes an optimized SARS-CoV-2 receptor binding domain (RBD) antigen, is available on an online preprint server at https://www.medrxiv.org/content/10.1101/2020.06.30.20142570v1 and is concurrently undergoing scientific peer-review for potential publication. Overall, the preliminary data demonstrated that BNT162b1 could be administered in a dose that was well tolerated and generated dose dependent immunogenicity, as measured by RBD-binding IgG concentrations and SARS-CoV-2 neutralizing antibody titers. Source Pfizer
Pfizer quarterly corporate performance – second quarter 2020 announcement will take place on July 28, 2020 10:00 AM.
Pfizer’s new CEO ALBERT BOURLA, DVM, PH.D. nets $17.9M in 2019 pay after drug maker beats all financial targets. During his more than 25 years at Pfizer, Albert has built a diverse and successful career, holding a number of senior global positions across a range of markets and disciplines. Prior to taking the reins as CEO in January 2019, Albert served as the Pfizer’s Chief Operating Officer (COO) beginning in January 2018, responsible for overseeing the Company’s commercial strategy, manufacturing, and global product development functions. Source Pfizer
Pfizer earned $52.4 billion in revenue for 2019, ahead of the company’s target of $51.7 billion. Adjusted diluted earnings per share stood at $3.00, versus the $2.81 goal. Cash flow also exceeded the benchmark of $11.6 billion to reach $12.9 billion.
There are five FDA-approved antivirals that assist in COVID-fighting potential. These drugs come from from Roche, Gilead Sciences, and Bristol-Myers Squibb Company (BMY) NYSE.
CWEB Analysts see Pfizer Inc. (NYSE: PFE)as a potential for long term growth and a great addition to one’s portfolio and upward of $150 by 20121
Beyond Meat, Inc. (NASDAQ: BYND) is one of the fastest growing food companies in the United States, offering an alternative choice to animal meat and offering plant-based meats.
With the global coronavirus pandemic disrupting the supply chain for beef and chicken, consumers have increasingly gravitated toward meat alternatives. Sales of plant-based meat products surged 264% in the U.S. in the early months of the lockdown.
Beyond Meat, Inc. (BYND) Nasdaq Beyond Meat announced it will be expanding into the China Market with a new distribution deal the stock Rose in early morning trade. Beyond Meat will continue to distribute its food through Sinodis a division of the French dairy maker and distributor Savencia. Chuck Muth said in a news release. “China is an important market given its large population and interest in plant-based proteins.”
Beyond meat was able to take an edge over meat due to the fact that meat distribution was seriously hampered by the Coronavirus pandemic.
First Quarter 2020 Net Revenues Increased 141% Year-Over-Year to $97.1 Million
Gross Profit Improved to $37.7 Million or 38.8% Gross Margin
Net income of $1.8 Million or $0.03 per Common Diluted Share
Source: https://investors.beyondmeat.com/news-releases/news-release-details/beyond-meatr-reports-first-quarter-2020-financial-results
Ethan Brown. Ethan Brown is the founder of Beyond Meat and has served as our President and Chief Executive Officer. Mr. Brown began his career with a focus on clean energy and the environment, serving as an energy analyst for the National Governors’ Center for Best Practices. Brown then joined Ballard Power Systems (NASDAQ: BLDP), a hydrogen fuel-cell company. Source: https://investors.beyondmeat.com/board-member-management/ethan-brown/
Top Institutional Holders
Holder Shares Date Reported % Out Value
Vanguard Group, Inc. (The) 3,137,839 Mar 30, 2020 5.04% 208,980,077
Susquehanna International Group, LLP 2,246,152 Mar 30, 2020 3.61% 149,593,723
Blackrock Inc. 1,263,717 Mar 30, 2020 2.03% 84,163,552
Barclays PLC 854,226 Mar 30, 2020 1.37% 56,891,451
Credit Suisse Ag/ 540,943 Mar 30, 2020 0.87% 36,026,803
Top Mutual Fund Holders
Holder Shares Date Reported % Out Value
Vanguard Total Stock Market Index Fund 1,127,143 Dec 30, 2019 1.81% 85,212,010
Vanguard Small-Cap Index Fund 999,493 Dec 30, 2019 1.61% 75,561,670
Vanguard Small Cap Value Index Fund 307,908 Dec 30, 2019 0.49% 23,277,844
CWEB Analysts see Beyond Meat, Inc. (NASDAQ: BYND) as a potential for long term growth and a great addition to one’s portfolio and upward of $200 by 20121
Micron Technology Inc (MU:NASDAQ) began as a four-person semiconductor design company in the basement of a Boise, Idaho, dental office. By 1980 Micron Technology had broken ground on their first fabrication plant. and then just a few years later they introduced the world’s smallest 256K DRAM. In 1994, they earned a spot on the Fortune 500. Micron becomes one of the largest memory producers in the world with the purchase of Texas Instruments’ worldwide memory operations. Source: Micron
Micron Technology Inc (MU) beats third-quarter sales estimates . Shares traded increased by almost 6% on Monday’s after-market trading, June 29-2020. Micron earned 82 cents per share on a diluted basis, above the 77 cents per share estimate reported by analysts. The company beating analysts’ estimates of $5.31 billion.
“Based on 25 analysts offering 12-month price targets for Micron in the last 3 months. The average price target is $66.05 with a high forecast of $100.00 and a low forecast of $35.00. The average price target represents a 28.82% increase from the last price of $51.28.” Source: Tip Ranks
Micron CEO Sanjay Mehrotra :Mr. Mehrotra joined Micron in May 2017, after a long and distinguished career at SanDisk Corporation where he led the company from start-up in 1988 until its eventual sale in 2016. In addition to being a SanDisk co-founder, Mr. Mehrotra served as its president and CEO from 2011 to 2016, overseeing its growth to an industry-leading Fortune 500 company.
Broadcom Inc. (AVGO) Nasdaq is another winner. Jun 2020 Credit Suisse Reinstates Outperform buy rating on the stock.
Top7 Institutional Holders
Holder Shares Date Reported % Out Value
Capital World Investors 38,343,106 Mar 30, 2020 9.53% 9,091,150,432
Capital International Investors 34,403,752 Mar 30, 2020 8.55% 8,157,129,599
Vanguard Group, Inc. (The) 33,314,995 Mar 30, 2020 8.28% 7,898,985,314
Capital Research Global Investors 29,499,900 Mar 30, 2020 7.33% 6,994,426,290
Blackrock Inc. 25,415,446 Mar 30, 2020 6.32% 6,026,002,246
State Street Corporation 16,237,418 Mar 30, 2020 4.04% 3,849,891,807
Bank of America Corporation 8,013,851 Mar 30, 2020 1.99% 1,900,084,072
CWEB Analysts see the stock as a potential for long term growth and a great addition to one’s portfolio and upward of $69 by 20121
Rick Osterloh Senior Vice President, Devices & Services has announced that Google has acquired North, a pioneer in human computer interfaces and smart glasses. They have built a strong technology foundation, and we’re excited to have North join us in our broader efforts to build helpful devices and services. North’s technical expertise will help as we continue to invest in our hardware efforts and ambient computing future.
North produces smart glasses displaying computerized information superimposed over the real world. Google Alphabet Inc Class A NASDAQ: GOOGLE made Google Glass that are glasses using augmented reality superimposed over the real world, privacy concerns became an issue and now sells them only to enterprises. The glassed compete with Microsoft’s Hololens.
North co-founder and CEO Stephen Lake was named one of Canada’s Top 20 under 20 in 2007 and one of the Next 36 entrepreneurial leaders of Canada in 2011. He has a degree in Mechatronics Engineering from the University of Waterloo, a certificate in Entrepreneurship from the University of Toronto, and has studied as a visiting scholar at the Swiss Federal Institute of Technology Zurich (ETH Zurich). He was an entrepreneur from a young age, attaching LED lights to radio-controlled trucks and selling them at age 13. Source Click here
Based on 31 analysts offering 12-month price targets for Alphabet in the last 3 months. The average price target is $1,523.40 with a high forecast of $1,800.00 and a low forecast of $1,237.00. The average price target represents a 8.51% increase from the last price of $1,403.90.Source: Tip Ranks
Google has always been on the forefront of innovation. Google has recently redesigned Chrome privacy and security settings on desktop so you can control your privacy and safety on the internet. The controls are easier to find with simple visuals that are easy to understand.
CEO Sundar Pichai joined Google in 2004, the same day that the US-based tech giant launched Gmail. He played an important role in the launch of several key products such as Google Chrome, Gmail, Google Maps, and expansion in cloud. One of the great achievements for Pichai was the development of the Chrome Browser that occurred after Microsoft made Bing the default browser for Explorer.
Top 6 Institutional Holders
Holder Shares Date Reported % Out Value
Vanguard Group, Inc. (The) 23,162,950 Mar 30, 2020 6.87% 26,934,109,889
Blackrock Inc. 20,264,225 Mar 30, 2020 6.01% 23,563,443,472
Price (T.Rowe) Associates Inc 12,520,058 Mar 30, 2020 3.71% 14,558,448,642
State Street Corporation 11,814,026 Mar 30, 2020 3.50% 13,737,467,573
FMR, LLC 8,331,868 Mar 30, 2020 2.47% 9,688,379,429
JP Morgan Chase & Company 3,707,376 Mar 30, 2020 1.10% 4,310,973,886
Top 5 Mutual Fund Holders
Holder Shares Date Reported % Out Value
Vanguard Total Stock Market Index Fund 8,564,807 Mar 30, 2020 2.54% 9,959,243,227
Vanguard 500 Index Fund 6,164,495 Mar 30, 2020 1.83% 7,168,136,430
Growth Fund of America Inc 3,425,469 Dec 30, 2019 1.02% 4,579,920,562
Science currently indicates that the SARS-CoV-2 virus that causes COVID-19 potentially originated in one of the animal species sold in Chinese market. On March 17, researchers from the United States, United Kingdom and Australia published an article in Nature Medicine showing that SARS-CoV-2 was very similar to viruses present in bats and pangolins.
Scientists are still investigating the origins of how the virus responsible for the COVID-19 pandemic got into the human population.
“Bats have evolved some amazing mechanisms. They have a super robust anti-viral response but they have a very strict regulation of the inflammatory response, they have the best of both worlds,” says Arinjay Banerjee of McMaster University in Canada.
Public health experts do not know how SARS-CoV-2 transferred from animals to humans, but now that the virus is spreading directly between people, it has caused a global pandemic. Horseshoe bats in China have coronaviruses that are genetically similar to SARS-CoV-2 but, to date, it has not been found in bats or other wild animals. It’s true origin remains a mystery. Based on current knowledge, this virus likely passed through another animals and mutated before it jumped to humans. Experts think this likely occurred in a wildlife market, or wet market, in China where lots of different wildlife and humans are in close contact, making it easier for animals and humans to share viruses.
A Twitter user Alex (@AlexJoestar622), posted two pictures on his feed. They are apparently called Golden-crowned flying foxes and are massive bats with fox-like faces and a wingspan that can extend up to about 5 1/2 feet.
Could the world be invaded with giant bats. More to follow ……..
The brand announces it will feed fans, heroes and communities, and the Taco Bell Foundation will donate $1 Million to No Kid Hungry
Irvine, CA – Taco Bell (NYSE:YUM) announced today that it wants to give back with something everyone knows and loves — a free Doritos ® Locos Tacos to everyone in America. Mark King, CEO of Taco Bell Corp. announced in a letter to fans that this Tuesday, March 31, Taco Bell drive-thru guests across America will receive a free seasoned beef Nacho Cheese Doritos ® Locos Tacos, no purchase necessary, from the comfort of their own cars at participating locations and while supplies last.*
“For the past few weeks, we’ve been focused on making Taco Bell the safest place to work and eat, and now we’re giving America free tacos as a small way of saying thank you for how everyone is showing up for their communities,” said King. “I’m also very proud to say the Taco Bell Foundation will be donating $1 million to No Kid Hungry, and we’re turning on Round Up in the drive thru at participating locations as an easy and affordable way for you to give back, too.”
In addition to hoping to give away at least one million tacos this Tuesday, Taco Bell has announced the Taco Bell Foundation is donating $1 million to No Kid Hungry, a national campaign to end childhood hunger in America. When guests visit their local Taco Bell drive-thru, participating locations will soon have the option to ‘round up’ their order total to the nearest dollar and all funds raised will go to No Kid Hungry.
The letter outlined several other initiatives made by the brand to give back to fans, communities, and heroes, including:
Feeding Fans
Free Doritos ® Locos Tacos to all drive-thru guests on Tuesday, March 31
Free delivery through GrubHub for all orders $12 and up (before tax, tip, and fees). Visit www.tacobell.com/delivery to check delivery availability and additional terms
Feeding Communities
The Taco Bell Foundation is donating $1 million to No Kid Hungry
Re-launching Round Up program in the drive-thru at participating locations to raise funds for No Kid Hungry
Partnering with restaurants and distribution centers to donate excess food and produce to local community food banks
Feeding Heroes
Transforming its U.S. Taco Bell Taco Trucks into mobile commissaries to deliver food to those in essential roles such as healthcare workers, teachers, grocery store employees, and more
Committing to feeding healthcare workers across many of the brand’s international markets
Working on a solution, where possible, to feed truck and ambulance drivers who currently cannot order from the drive-thru
Keeping Team Members Safe
Working closely with its franchisees to put additional procedures in place to ensure social distancing is enabled in working kitchens
For more updates on how Taco Bell is navigating through COVID-19, visit the brand on its social channels and website.
*Check local store for availability and hours of operation. Not available with a delivery order. Not valid with any other offer. No substitutions. No cash value. Void where prohibited. DORITOS and DORITOS Logo are trademarks owned by Frito-Lay North America, Inc.
Often when a central bank lifts rates, the country’s stock market falls. When the central bank cuts them, share prices go up. Typically this occurs well in advance of the actual change because investors are making bets on what they think will happen. And sometimes this seems counterintuitive, because a central bank usually raises rates when an economy is strengthening and lowers them when it’s weaker.
For example, at the end of July, the Standard & Poor’s 500 plunged 2% after a report signaling an improving US economy convinced traders the Fed was more likely to raise its target interest rate sooner rather than later. The same thing has played out repeatedly this year — stocks rising on signs the Fed will keep rates at about zero; shares sliding when it appears the central bank will raise them.
Why does the stock market react like this? The answer is because of an idea called “present value.”
What’s in a share
The value of a company’s shares is based on its profits, which are the difference between a company’s earnings or revenue and its costs. For example, if the Professor JayZ Company is able to sell US$10 million of products and it costs the company $7 million to make and distribute them, then the profits are $3 million.
Let’s start off simply and assume that after earning $3 million, the company distributes all profits to shareholders and then closes down. Let’s also make another simple assumption that there is just one share of stock available. This means whoever owns the single share gets the entire $3 million profit.
If the price for the single share was $1,000, everyone would definitely want to buy the stock because anyone getting the share would earn almost $3 million from the trade. Even at $1 million, we’d all still want to buy the stock because the trade still results in a tidy gain of $2 million.
If there was an efficient stock market with good information available to all traders, the share price would eventually rise toward $3 million. No trader would pay more than $3 million, because above that level, he or she would lose money. In this very simple world, the price of the share of stock is simply the company’s profits.
Now, in real life, few companies exist just for a single year and then close. Instead, the vast majority exist for many years. What happens if the Professor JayZ Company exists for two years and each year earns $3 million in profits?
Clearly people are willing to bid more for the stock now since they will be getting a larger amount of money. However, they will have to wait some time before getting all their money, so they wouldn’t want to pay $6 million. Forcing people to wait has a cost, since traders pay for the stock today and then get the profits or dividends later.
Waiting is a problem because money received in the future is not worth as much as today. The simplest way to see this is to imagine winning a million dollars today. How would your excitement change if you still won that million dollars, but the prize money wouldn’t arrive for 25 years? Most people are much less interested, because a lot can happen in 25 years. Having to wait makes the prize less valuable.
How present value works
A math formula called “present value” (a good calculator is here, web page here, video here, book here) shows exactly how much less valuable money received in the future is compared with money received today.
The idea behind the formula is simple: present value is the amount of money someone would accept today instead of getting some larger amount in the future.
For example, if the interest rate is 5% and a person is expecting a $3 million profit from the JayZ Company in one year, then the present value is close to $2.86 million. Why $2.86 million? This is the amount of money that, when put in a bank with 5% interest, grows to $3 million one year from now.
However, if interest rates rise to 10%, the present value is only $2.73 million. A smaller amount needs to be put in a bank because the higher rate produces more interest.
When interest rates rise from 5% to 10%, investors value the profits earned one year from now by the JayZ company much less and are not willing to pay as much for the outstanding share of stock. When interest rates go up, share prices fall because the present value of profits earned in future years is lower. Future profits are lower because investors can put smaller amounts in the bank to earn a targeted amount.
The present value formula provides very precise estimates of what stocks are worth when interest rates are known. However, no one is able to accurately predict future interest rates. This means some traders are using high interest rates to calculate the present value of profits, while others are using low rates. As people change their expectations of future rates, stocks often move wildly.
Interest rates and profits
Beyond their importance in calculating present value, interest rates have another important impact on stock prices. Many companies borrow heavily to finance their activities.
Much corporate borrowing is not at fixed interest rates but instead at rates that change based on market conditions (floating rates). If the market interest rate goes up, then these borrowers pay more interest. Increases in interest rates mean costs rise, profits fall and share prices are reduced. Conversely, when interest rates fall, many companies report higher profits without changing any other aspect of their business, boosting their share price.
In general, stock prices are inversely related to interest rates. If everything else stays constant and you believe interest rates will rise, sell stocks now. If you believe interest rates will fall, buy stocks now.
Unfortunately, since it is difficult to accurately forecast future interest rates and all the other factors that are changing simultaneously in financial markets, this algorithm by itself will not make you instantly rich. And this week’s decision by the Fed could go either way because there is broad disagreement about whether the economy is strong enough to handle a rate hike — among many other factors influencing its decision.
Nevertheless, understanding how interest rates or expectations about future interest rates affect the value of stocks is useful because it explains why the stock market changes dramatically when central banks adjust their interest rate policies.
Jay L. Zagorsky, Economist and Research Scientist, The Ohio State University
This article is republished from The Conversation under a Creative Commons license.
Zoom Video Communications Inc. NASDAQ: ZM has been under fire lately with criticism about security issues of its product. The software became very popular due to the coronavirus pandemic helping people connect with one or another working from home. End-to-end encryption prevents only the sender and the receiver of a call the ability to access any of the information within that call. This technology prevents hackers from getting in and provides privacy for government agencies or law enforcement to view the content even if they have a legal right.
CEO Eric Yuan Stated in the conference call the feature would be available for those who paid for business and Enterprise plans. Zoom will beta test end-to-end encryption later this month. The feature can be disabled or enabled for each meeting. Administrators of accounts can enable or disable encryption for individual counts as well as groups. The feature would be available for those who paid for business and Enterprise plans.
Recently Santiago Subotovsky sold 73,168 shares for $240.60 a total net of $17.6 million.
Bart Swanson made $9 million, while Jonathon Chadwick and Mangrove Digital’s Kimberly Hamonds made $2.35 million
Zoom Video COO Aparna Bawa made $5.2 million by selling 237,219 shares for a price of $200. Kelly Steckelberg, the company‘s CFO sold shares for $240.49 on average made $2.7 million.
Why are insiders selling Zoom
$ZM has skyrocketed from $70 to beyond $250, up 260% in just four months.
In total, insiders sold almost 550,000 company shares in June triple the amount sold last month.
Zoom reported revenue growth of 169% from the previous year in its first-quarter earnings report June 23, 2020. The company doubled its revenue guidance for the year. Zoom increased its guidance for the fiscal year. It now expects $1.21 to $1.29 in adjusted earnings per share on $1.78 billion to $1.80 billion in revenue.
Customers with more than 10 employees grew 354% year-over-year as we deployed millions of licenses for new customers in the quarter.
One new banking customer deployed approximately 175,000 new Zoom enterprise licenses in the quarter.
Usage by customers in the Global 2000 grew over 200% sequentially.
We peaked at over 300 million daily participants, free and paid, joining Zoom meetings in April 2020, up from 10 million in December 2019. Currently, we continue to see elevated levels of participants even as governments around the world have begun to ease stay-in-place restrictions.
We had an approximate twenty fold increase in our metric of annualized meeting minutes run rate, which jumped from 100 billion at the end of January 2020 to over two trillion meeting minutes based on April 2020’s run rate.
Eric S. Yuan Founder & Chief Executive Officer: Prior to founding Zoom, Eric was corporate vice president of engineering at Cisco, where he was responsible for Cisco’s collaboration software development. Eric was one of the founding engineers and vice president of engineering at Webex. Between 1997 and 2011, he grew his team from 10 engineers to more than 800 worldwide and contributed to revenue growth from $0 to more than $800 Million. Source
Why is Facebook a better Technology and best positioned to take over the video market.
Facebook, Inc. (FB) has also unveiled what can be called as its Zoom rival, Messenger Rooms. The video calling platform is integrated inside Facebook Messenger standalone app and is aimed for personal use, where Zoom is focused on business use. Businesses can now use Facebook Messenger to respond to messages sent by customers.
Facebook users can create a video chat room via Facebook or the Messenger app and invite up to 50 people to join a video call even if they don’t have a Facebook account. It’s free. You can use the feature from the Messenger app on your phone or desktop, certain browsers including browser and WhatsApp.
The big highlight of the Messenger Room is that anyone with a Facebook account can create a video meeting and invite their friends to join, even if those people do not have a Facebook account. WhatsApp and the Facebook Portal smart speaker will also be in play.
In 2020, the global number of Facebook users is expected to reach 1.69 billion, up from 1.34 million in 2014.
CWEB Analysts see the stock as a potential for long and short term growth with huge rewards for Facebook and potential upwards of $800 by 2021. We believe Zoom is a Hold and Apple, Facebook, Amazon, Microsoft and other players are emerging in this filed.
Albertsons (ACI) began trading on the New York Stock Exchange on June 26-2020 – ticker symbol “ACI.” Thursday Albertsons (ACI) priced its IPO at $16 a share, lower than the $18-to-$20 price range it was seeking. The offering values its shares around $9.3 billion, excluding its $8.5 billion debt pile as of the end of February.
Due to the pandemic Albertsons’ sales in March and most of April were up 34% from last year.
Twenty-four banks underwriting the deal are led by Goldman Sachs & Co., Bank of America Securities, J.P. Morgan and Citigroup.
Albertsons is one of the largest food and drug retailers in the United States, with both a strong local presence and national scale. Albertsons operates stores across 34 states and the District of Columbia under 20 well-known banners including Albertsons, Safeway, Vons, Pavilions, Randalls, Tom Thumb, Carrs, Jewel-Osco, Acme, Shaw’s, Star Market, United Supermarkets, Market Street and Haggen. Source: Click Here
Vivek Sankaran PRESIDENT & CEO was named President & CEO of Albertsons Companies, Inc. in April 2019. Vivek most recently served as CEO of PepsiCo Foods North America. Prior to that, he served as the company’s president and chief operating officer, a position he was named to in 2016. Over the last 3 years, he has led Frito Lay to industry-leading growth by remaining focused on innovation, technology and execution. Over his ten-year career at PepsiCo, in addition to leading Frito-Lay, Vivek also served as the chief commercial officer for PepsiCo North America, Chief Customer Officer of Frito Lay, and as the Senior Vice President of Strategy for PepsiCo. Source: Click here.
CWEB Analysts see the stock as a potential for long and short term growth with huge rewards in the post and current pandemic conditions and upwards of $30 by 2021
A Twitter user Alex (@AlexJoestar622), posted two pictures on his feed. They are apparently called Golden-crowned flying foxes and are massive bats with fox-like faces and a wingspan that can extend up to about 5 1/2 feet.
Jay L. Zagorsky
Zoom Video Communications Inc.
Albertsons (