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Zacks: Kraft Heinz's transformation efforts and solid pricing likely to help it stay afloat amid hurdles such as elevated input costs, supply chain challenges, currency volatility; company's shares up 8.1% in past six months versus industry's 6.2% growth
Published: December 01, 2022 by Zack's Commentary
JPMorgan cuts 2023 earnings forecast for S&P 500 companies by 9%, citing weaker demand and pricing power, margin compression, limited buy-backs; however, index could claw back up to 4,200 by end-2023, reflecting near 3% upside from current levels
Published: December 01, 2022 by Reuters
Zacks: Hormel Foods' fiscal Q4 EPS beat Zacks Consensus Estimate, but net sales of US$3.28B down 5% year-over-year and miss estimate; company's shares down 4.1% in past three months compared with industry's drop of 7.9%
Published: December 01, 2022 by Zack's Commentary
Bank of America economists expect US to slip into a recession in Q1 2023, which will ravage markets and could send S&P 500 down 24% from current level; in 2023, 'the process of unwinding easy money could start to impact the economy'
Published: November 30, 2022 by Business Insider
Deutsche Bank: Major global stock markets expected to fall 25% when recession hits in 2023; S&P 500 forecast to rally to 4,500 in H1 2023, before selling off in Q3 2023 and rebounding back to 4,500 by the end of 2023
Published: November 29, 2022 by Business Insider

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