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San Francisco sues Coca-Cola, Kellogg over ultra-processed foods. What that means [Los Angeles Times (CA)]

Coca-Cola Company (The) (KO)  More Company Research Source: Los Angeles Times
Last coca-cola company (the) earnings: 4/21 05:55 am Check Earnings Report
US:NYSE Investor Relations: coca-colacompany.com/investors
San Francisco's lawsuit, which names 10 of the most popular food manufacturers known for highly processed fare — Kraft Heinz Company, Mondelez International, Post Holdings, The Coca-Cola Company, PepsiCo, General Mills, Nestle USA, Kellogg, Mars Incorporated and Conagra Brands — argues that the food industry knew its products were making people sick, but continued to market the addictive foods to maximize profits. The suit doesn't seek a ban on the sale of any products, but instead a statewide order prohibiting the companies from continuing what the city describes as “deceptive marketing” targeting children, particularly in Black and Latino communities. The city is also asking for the companies to pay an unspecified amount of money to abate what officials have called a public health crisis. The lawsuit is reminiscent of legal battles against large tobacco companies in the 1990s in which states sought to recover billions in healthcare costs associated with treating smoking-related [Read more]
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Stockreport

San Francisco sues Coca-Cola, Kellogg over ultra-processed foods. What that means [Los Angeles Times (CA)]

Coca-Cola Company (The)  (KO) 
More Company Research Source: Los Angeles Times
Last coca-cola company (the) earnings: 4/21 05:55 am Check Earnings Report
US:NYSE Investor Relations: coca-colacompany.com/investors
San Francisco's lawsuit, which names 10 of the most popular food manufacturers known for highly processed fare — Kraft Heinz Company, Mondelez International, Post Holdings, The Coca-Cola Company, PepsiCo, General Mills, Nestle USA, Kellogg, Mars Incorporated and Conagra Brands — argues that the food industry knew its products were making people sick, but continued to market the addictive foods to maximize profits. The suit doesn't seek a ban on the sale of any products, but instead a statewide order prohibiting the companies from continuing what the city describes as “deceptive marketing” targeting children, particularly in Black and Latino communities. The city is also asking for the companies to pay an unspecified amount of money to abate what officials have called a public health crisis. The lawsuit is reminiscent of legal battles against large tobacco companies in the 1990s in which states sought to recover billions in healthcare costs associated with treating smoking-related [Read more]
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KO
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LAST PRICE AT
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AVG SHARES PER TRADE
EVENT DAY
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PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS