The Dow Chemical Company Invests in Texas Propionic Acid Facility

The Dow Chemical Company is a part of the DowDupont Holding Company (DWDP), a business that is focused on agriculture, materials science and specialty product sectors that will lead their respective industries through productive, science-based innovation to meet the needs of customers and help solve global challenges.

Dow’s most recent strategic investment involves expanding its propionic acid facility in Texas City, Texas. Propionic acid is an important chemical that is used to prevent mold and bacterial growth in animal feeds and grains, as well as a preservative in baked goods and cheese.

Dow chose this investment due to consumer shifts towards higher quality food products with longer shelf-lives that fit into the consumers more on-the-go lifestyles.

This investment is one more step The Dow Chemical Company is taking towards meeting the global food demand.

To learn more about Dow and DowDuPont (DWDP) and to continue to track its progress please visit the Vista Partners DowDuPont Coverage Page.

Dow to Expand Propionic Acid Facility in Texas

Dow Industrial Solutions announced plans to expand its propionic acid facility in Texas City, Texas to meet rising global demand…

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Walmart (WMT) CEO’s Future View

Walmart (NYSE: WMT) CEO Doug McMillon recently stated at an NYC speaking event, “There are things about retail that are not enjoyable. Finding inventory in the backroom is not always a joy. There are things that you don’t like. Some of those things can be automated — think task level rather than job level. As we eliminate those [tasks], what we would like to do is have jobs that pay more, that work more on customer service and merchandising. There’s only so much we can do from the home office to merchandise a store well. If you live in that community and work in that store, you know more about what you should be featuring and the actionality on an end cap than someone from Bentonville, Arkansas does. And so we’re letting them buy more inventory, select what the sell, have more skin in the game.”

To learn more about Walmart (WMT) and to continue to track its progress please visit the Vista Partners Walmart Coverage Page.

Walmart CEO explains what the retail worker of the future will look like

‘The future is not going to be driven exclusively by technology, but by people.’..

finance.yahoo.com

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Disney Q4 Earnings Report+New ‘Star Wars’ Trilogy= Aftermarket Rise

The Walt Disney Co. (DIS) reported fiscal Q4 earnings results on Thursday falling short of the street’s estimates. Disney reported Q4 the entertainment giant posted revenue of $12.78B,  profit of $1.75B, net income of $1.13 per share, & earnings, adjusted for one-time items, of $1.07/share.

Disney also announced a deal with Rian Johnson, director of the soon to be released film “Star Wars: The Last Jedi,” to create a new trilogy.

As a result Disney shares have risen in the aftermarket and are currently showing valued at $103.51/share.

To learn more about Disney (DIS) and to track its progress please visit the Vista Partners Coverage Pages http://www.vistapglobal.com/vp-coverage/disney/

New ‘Star Wars’ trilogy raises hopes after Disney results miss target

Disney shares rose more than 1 percent after Chief Executive Bob Iger said Disney had struck a deal with Rian Johnson, director of upcoming film “Star Wars: The Last Jedi,” to create a new trilogy in the blockbuster science fiction series. A live-action “Star Wars” TV series also..

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Amazon Flys High After Earnings Beat! Closes at $1,100.95 +128.52 (+13.22%) October 27th

Amazon.com, Inc. (AMZN) announced financial results for its Q3 ended September 30, 2017 on Friday, October 27th. AMZN stock proceeded to move up significantly to close at $1,100.95 +128.52 (+13.22%) on Friday.

AMZN reported that net sales increased 34% to $43.7 billion in the third quarter, compared with $32.7 billion in third quarter 2016. Net sales includes $1.3 billion from Whole Foods Market, which Amazon acquired on August 28, 2017. Excluding Whole Foods Market and the $124 million favorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased 29% compared with third quarter 2016.

AMZN reported that net sales increased 34% to $43.7 billion in the third quarter, compared with $32.7 billion in third quarter 2016. Net sales includes $1.3 billion from Whole Foods Market, which Amazon acquired on August 28, 2017. Excluding Whole Foods Market and the $124 million favorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased 29% compared with third quarter 2016.
Operating income decreased 40% to $347 million in the third quarter, compared with operating income of $575 million in third quarter 2016. Operating income includes income of $21 million from Whole Foods Market.

Net income was $256 million in the third quarter, or $0.52 per diluted share, compared with net income of $252 million, or $0.52 per diluted share, in third quarter 2016.
Jeff Bezos, Amazon founder and CEO stated, “In the last month alone, we’ve launched five new Alexa-enabled devices, introduced Alexa in India, announced integration with BMW, surpassed 25,000 skills, integrated Alexa with Sonos speakers, taught Alexa to distinguish between two voices, and more. Because Alexa’s brain is in the AWS cloud, her new abilities are available to all Echo customers, not just those who buy a new device. And it’s working — customers have purchased tens of millions of Alexa-enabled devices, given Echo devices over 100,000 5-star reviews, and active customers are up more than 5x since the same time last year. With thousands of developers and hardware makers building new Alexa skills and devices, the Alexa experience will continue to get even better.”

Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Fire tablets, Fire TV, Amazon Echo, and Alexa are some of the products and services pioneered by Amazon.

AMZN’s market cap is $528.874B! Not bad for a business that was started in a garage!

Amazon.com Announces Third Quarter Sales up 34% to $43.7 Billion

Amazon.com, Inc. today announced financial results for its third quarter ended September 30, 2017…

finance.yahoo.com

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Data Analytics Firm CarGurus Inc. (CARG) Prices IPO at $16

CarGurus Inc. (CARG) a company that uses algorithms and data analytics to find users deals on new and used cars stated Wednesday that it was pricing shares of its initial public offering at $16 above its previously stated range $13-$15.

CarGurus prices IPO above expected range at $16 a share

..

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Has Activist Investor Peltz Lost His Proxy Battle with Procter & Gamble?

Activist Investor Nelson Peltz has apparently lost his proxy bid to gain a board seat on Dow 30 component and Cincinnati, OH-based Procter & Gamble (PG) as reported by Reuters as a preliminary tally has voted down his initiative. Nelson Peltz’s fund Trian, a $14 billion New York-based hedge fund, owns ~$3.5 billion of PG, which currently enjoys a total valuation of ~$230 billion. This proxy battle was also reported as the largest and most expensive on record.

To learn more about Procter & Gamble (PG) and to track their progress please the Vista Partners Company Dedicated Page.

Procter & Gamble declares proxy war victory, Peltz refuses to concede

Trian Fund Management LP CEO Peltz refused to concede defeat, saying the vote had been too close to call and that the company would await the certified results. Sources said the difference in for and against votes for Peltz’s board director nomination was within one percentage point…

finance.yahoo.com

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Pilot Flying J Sells Stake to Buffett’s Berkshire Hathaway

Knoxville, Tennessee’s Pilot Flying J truck stop owned by Pilot Travel Centers LLC is selling a 38.6% stake to Warren Buffett’s Berkshire Hathaway. Pilot Flying J has been run by Jimmy Haslam, the son of Pilot Corp. founder Jim Haslam, since 1996. He will remain in that position for the time being. The Haslem Family has been the majority shareholder in Pilot Flying J and is also the owner of the NFL’s Cleveland Browns.

Buffett’s Berkshire Hathaway Buys Stake in Pilot Flying J

Warren Buffett’s Berkshire Hathaway Inc. bought a stake in Pilot Travel Centers LLC, owner of the Pilot Flying J truck stop chain, and detailed plans to become the company’s biggest shareholder in six years…

www.bloomberg.com

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Microsoft (MSFT) Adds Pepsi Flavor to Board & Boosts Dividend!

Microsoft Corp. (NasdaqGS: MSFT) added Hugh Johnston, former vice chairman and chief financial officer of PepsiCo, Inc (PEP) to its board of directors.

Microsoft Corp. (NasdaqGS: MSFT)  also raised its quarterly dividend by 7.6%  YOY or $.42/share today and is payable to shareholders December 14, 2017 to shareholders of record of November 16, 2017. The ex-dividend is November 15, 2017.

Visit the Vista Partners Coverage Pages to learn more about Microsoft and the balance of the Dow 30 a Select Group of Emerging Growth Stocks.

 




Lululemon Running Past Yoga Roots for Growth

Lululemon Athletica Inc. (LULU) shares were up over 7% post better than expected Q2 results on a Friday prior to the Labor Day Holiday. The Company stated that their push and success into running, spinning and other supportive and creative initiatives are securing growth beyond yoga pants.

Lululemon goes beyond yoga pants for sales growth

Lululemon’s second-quarter results got a boost from some new areas, like menswear, international markets and digital…

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Alibaba Seeking Growth Through Use of Artificial Intelligence

China’s e-commerce giant Alibaba (BABA) wants to tell custmers what they want to buy with the assistance of artificial intelligence (AI). Alibaba has apparently created the Deep Interest Network, which improves recommendation algorithms with the understanding that users have diverse buying interests, and only part of the data is useful to predict a user’s behavior. Note that Alibaba has captured nearly 40% of the $27.9 billion mobile advertising spent in China according to emarketer.

Alibaba’s mobile engagement is exploding thanks to AI

Alibaba has seen surges in mobile engagement during the first quarter of 2017 as it uses AI technology to improve advertisement…

finance.yahoo.com

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