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Beyond Meat, PepsiCo team up to sell plant-based snacks and drinks

Beyond Meat, PepsiCo team up to sell plant-based snacks and drinks TODAY 1/26/2021 Amelia Lucas, CNBC Beyond Meat and PepsiCo announced Tuesday that they’ve formed a joint venture to create, produce and market snacks and drinks with plant-based substitutes. Shares of Beyond jumped more than 31% in premarket trading on the news, while Pepsi’s stock rose about 1%. The partnership gives Beyond, a relative newcomer to the food world, a chance to leverage Pepsi’s production and marketing expertise for new products. For its part, Pepsi can deepen its investment in plant-based categories, which are growing increasingly crowded, while working with one of the top creators of meat substitutes.

Beyond Meat shares soar 31% as company teams up with PepsiCo to make plant-based snacks and drinks

Beyond Meat shares soar 26% as company teams up with PepsiCo to make plant-based snacks and drinks CNBC 1/26/2021 Amelia Lucas Financial terms of the partnership were not disclosed. Operations will be managed through a limited liability corporation called The PLANeT Partnership. © Provided by CNBC Patties of Beyond Meat Inc. s plant-based burger Beyond Burger are cooked on a skillet. Beyond Meat and PepsiCo announced Tuesday that they ve formed a joint venture to create, produce and market snacks and drinks with plant-based substitutes. Shares of Beyond jumped as much as 31% in morning trading on the news, while Pepsi s stock rose about 1%. The run in Beyond Meat may have been helped by hedge funds rushing to cover their bets against the stock, a trend unfolding in may heavily-shorted names this year. More than 38% of the Beyond Meat shares available for trading are sold short, according to FactSet.

Movers and Shakers, a round-up of new appointments at The Trade Desk, DoubleVerify, Aki Technologies, LogMeIn, FirmDecisions and ReachFive

The mobile marketing industry is ever-changing, and that applies to the people as much as the technology. Movers & Shakers is our regular feature following the hottest hires in the industry, so you can keep track of who’s joined which company, and what they’re doing there. L-R: Phil Duffield, Julie Eddleman, Russell Loarridge Duffield to head up The Trade Desk in the UK Ad tech firm The Trade Desk has appointed Phil Duffield as Vice President of the UK. In this role, he will be responsible for leading The Trade Desk’s business and operations to help drive scale and growth within the United Kingdom. He reports to Philippa Snare, Senior Vice President of EMEA.  

S&P Global Ratings Drives Digital-First Access to Debt Markets with Ratings360®

Press release content from PR Newswire. The AP news staff was not involved in its creation. S&P Global Ratings Drives Digital-First Access to Debt Markets with Ratings360® January 15, 2021 GMT NEW YORK, Jan. 15, 2021 /PRNewswire/ S&P Global Ratings, the world’s leading provider of independent credit risk research, has made it easier for all key stakeholders that drive issuance such as intermediaries, investors and issuers to participate in the diverse universe of fixed income with its online portal, Ratings360 ®. ADVERTISEMENT Ratings360® provides a holistic picture of the credit stories behind organizations, sovereigns, financial institutions, municipalities, and other debt securities to help its users make decisions with conviction.

Proximie Announces Senior Executive Appointments As Global Demand For Its AR Health Tech Platform Accelerates

Proximie Announces Senior Executive Appointments As Global Demand For Its AR Health Tech Platform Accelerates
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