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Boeing set for stellar quarter, its investors hungry for detail

Bloomberg Boeing Co. investors can bank on the planemaker for another stellar quarter. Strong deliveries in the second quarter, several strategic deals and a stable cash flow has ensured big returns for Boeing shareholders over the past year, with the stock gaining nearly 67 percent, compared to a 14 percent bump for the rest of the market. While intensifying concerns ...

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Walmart’s fintech partner helps break its payment cycle

Bloomberg Walmart Inc.’s employees have adopted money-management tools from Even Responsible Finance Inc. at a faster pace than anticipated, prompting a fresh round of funding to expand the fintech startup. More than 200,000 Walmart employees in the US use Even’s app to manage their finances or access their wages early, the Oakland-based startup said, and almost half of that group ...

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Lindt’s US expansion gets $200mn push

Bloomberg Switzerland’s Lindt & Spruengli AG plans $200 million US investment offensive to further challenge Hershey Co. and Mars in that market. The maker of Lindor chocolate balls is expanding a plant in Stratham, New Hampshire, over the next four years, constructing high-tech production lines for premium chocolate, the company said. The site will eventually have more than 1 million ...

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