DANOY - Danone S.A.

Other OTC - Other OTC Delayed Price. Currency in USD
14.63
0.00 (0.00%)
At close: 3:48PM EST
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Previous Close14.63
Open14.76
Bid0.00 x 0
Ask0.00 x 0
Day's Range14.53 - 14.85
52 Week Range14.50 - 18.20
Volume685,533
Avg. Volume851,398
Market Cap47.534B
Beta (5Y Monthly)0.56
PE Ratio (TTM)14.95
EPS (TTM)0.98
Earnings DateN/A
Forward Dividend & Yield0.43 (2.97%)
Ex-Dividend DateMay 02, 2019
1y Target Est52.32
  • Most New Infections Now Outside China, WHO Says: Virus Update
    Bloomberg

    Most New Infections Now Outside China, WHO Says: Virus Update

    (Bloomberg) -- More coronavirus cases were reported in countries other than China in the past 24 hours for the first time since the initial patient was identified on Dec. 8, the World Health Organization said. It’s a significant development as China battles the oubreak and new cases spread elsewhere around the globe.New infections were diagnosed in countries from Pakistan to Brazil, which reported the first case in Latin America, while Italy and Iran confirmed additional patients with the disease. Germany said it was likely at the start of an epidemic, and 700 people remained confined in a hotel in Tenerife, one of the Canary Islands.In the U.S., President Donald Trump and federal health officials plan to brief the public Wednesday on efforts to prevent the spread of the pathogen. A top American health official said that the increase in outbreaks outside China will make it harder to keep the virus outside the U.S.Key DevelopmentsChina death toll at 2,715, Hubei province adds 52 fatalitiesU.S. confirms 15th case, not including ship evacueesGlobally 2,771 have died and 81,233 people have been infectedStocks rise in U.S., pare losses in EuropeHong Kong sets stimulus package with one-time cash handoutsClick VRUS on the terminal for news and data on the coronavirus and here for maps and charts. For analysis of the impact from Bloomberg Economics, click here.WHO: Most New Cases Now Outside China (3:43 p.m.)More coronavirus cases were reported in countries other than China in the past 24 hours for the first time since the initial patient was identified on Dec. 8, the World Health Organization said.The agency said in its daily situation report that there were 459 confirmed cases outside of China in the past 24 hours, compared with 412 new ones in China, where the outbreak began.Nestle Bans Travel by Employees Until Next Month (2:43 p.m. NY)Nestle SA, the world’s largest food and beverage company, told employees to avoid traveling for business reasons until the middle of next month to keep from contracting or spreading the coronavirus.The Swiss maker of KitKat snack bars and Nespresso capsules “shares global concerns over the spread and impact on public health of coronavirus,” it said by email.Nestle, which employs 291,000 people worldwide, is one of the first multinationals to take such a decisive step in the face of the outbreak. The Nestle measure extends to March 15 and will be reviewed, the company said.3M Climbs as Virus Boosts Mask Demand (2:10 p.m. NY)3M Co. rose the most in almost three months as Melius Research upgraded the shares to buy from hold, citing demand for N95 respirator masks now in short supply.U.S. health officials said there could be a need for 300 million facemasks to combat a domestic coronavirus outbreak. St. Paul, Minnesota-based 3M, which makes everything from dental equipment to Post-it notes, is the biggest supplier of the masks, which are widely used by health-care workers.Health and Human Services Secretary Alex Azar told a House panel Wednesday that the U.S. has about 12 million N95 respirators stockpiled currently, but would need significantly more in the event of an outbreak in the country.Azar Says 15th Case Confirmed in U.S. (2 p.m. NY)Azar said the U.S. has a 15th confirmed case of the coronavirus. His count doesn’t include the 42 passengers who were evacuated from the Diamond Princess cruise ship or three who were repatriated from Wuhan, China, the epicenter of the outbreak.Nassau County Monitoring 83 People (1:40 p.m. NY)Health officials in Nassau County on New York’s Long Island are monitoring 83 people who have visited mainland China or may have come in contact with the new coronavirus, officials said Wednesday.Radio station 1010 WINS, citing County Executive Laura Curran, said six people have been tested so far and that five have been confirmed not to have it. Results of the sixth test aren’t in yet.Health officials around the U.S. have been testing hundreds of travelers who had visited China, where the coronavirus originated.Spahn: Germany at Beginning of Epidemic (12:45 p.m. NY)New cases of the virus in the German states of North Rhine-Westphalia and Baden-Wurttemberg are a sign that Germany is “at the beginning of a coronavirus epidemic,” Health Minister Jens Spahn said in Berlin on Wednesday.“It is questionable whether out current strategy of isolating the infection and capping infection chains will work further,” Spahn said. “The probability that this virus will circumvent Germany won’t be fulfilled”Pakistan Confirms First Coronavirus Cases (12:05 p.m. NY)Pakistan’s health minister said the country had identified two cases of coronavirus, the first in the country.Both cases are being treated and are stable, Pakistan health minister Zafar Mirza said on Twitter. “No need to panic, things are under control,” Mirza said.Europe Health Official Predicts Wider Outbreak (11:46 a.m. NY)“It is likely that Europe will see similar developments like in Italy, varying from country to country,” the European Centre for Disease Prevention and Control said in an update Wednesday. “The risk of the occurrence of similar clusters, similar to the ones in Italy, associated with Covid-19 in other countries in the EU/EEA and the U.K. is currently considered to be moderate to high,” ECDC said in its risk-assessment report.Even though “we are still in the containment phase,” European Union member states should review their “pandemic plans,” the bloc’s health chief, Stella Kyriakides, said in Rome earlier today.“All Member States need to inform us about their preparedness plans and how they propose to implement them,” Kyriakides said in a press conference, according to a copy of her prepared remarks. “This is the kind of crucial information that we all need to have if the virus spreads further and I urge Member States to share this with us and each other, as this is important for our mutual security.”White House Says Not Planning to Appoint Virus Czar (11:27 a.m. NY)The Trump administration said it doesn’t plan to appoint a “czar” to take over response to the coronavirus, pushing back on a report in Politico that it was considering doing so.White House spokesman Judd Deere said the talk of a czar being appointed wasn’t accurate:Health and Human Services Secretary Alex Azar has been leading an administration task force on the virus, and has said U.S. containment efforts have been working well so far. “I don’t anticipate one, I think this is working extremely well,” he said Wednesday, responding to questions about the appointment of a czar from Congress. “That would be for the president to decide.”Trump Administration Could Seek More Virus Funding (10:45 a.m. NY)Azar suggested the Trump administration may seek more money for a virus response than the $2.5 billion announced on Tuesday. He told a House panel Wednesday that the administration is planning to spend “at least” that amount and would work with Congress on a final figure.“We’re trying to be flexible,” he said in response to questions.Azar on Tuesday faced critical questioning about the administration’s response from members of both parties at congressional hearings on Tuesday. Democrats responded with their own plans to respond to the virus. Senate Democratic leader Chuck Schumer on Wednesday proposed $8.5 billion in spending for the virus response. House Speaker Nancy Pelosi called Trump response “meager, anemic,” and a Democratic aide said the House would vote on its own funding plan the week of March 9.State Department Adds Virus to Italy Travel Advisory (10:44 a.m. NY)The U.S. State Department said travelers to Italy should exercise increased caution when traveling there because of the coronavirus outbreak in the region of Lombardy. The State Department notice tells people to take precautions but doesn’t suggest they cancel travel.The department’s warning has been at Level 2 already because of terrorism risk.NIH’s Fauci Says Global Spread Raises U.S. Risk (10 a.m. NY)A top American health official said that the spread of cases outside China will make it harder for the U.S. to keep the coronavirus outside its borders.“The more you see outside of the United States, the greater the risk of it spilling over into the United States,” said Anthony Fauci, director of the National Institute of Allergy and Infectious Disease, which is part of the National Institutes of Health.“Nothing has changed inside our country, but things have changed outside that may ultimately have an impact here,” Fauci said during a television interview Wednesday.Schumer Prepares $8.5 Billion Funding Request: (9:55 a.m. NY)U.S. Senate Democratic leader Chuck Schumer is preparing a request for emergency coronavirus funding totaling $8.5 billion, according to a senior Senate Democratic aide. His request is expected to be finalized early Wednesday and sent to Appropriations committee members.Six Nations Rugby Match on March 7 Is Called Off (9:46 a.m. NY)The Six Nations rugby match between Ireland and Italy, scheduled for March 7, has been called off. Ireland had on Tuesday recommended the match be scrapped on public health grounds.Four More Cases Reported at Resort in Italy (9:30 a.m. NY)The total number of cases in Italy rose to 378. Four infections were reported at a hotel in the coastal resort of Alassio in the Liguria region, which is in lockdown with an adjacent hotel, according to regional Governor Giovanni Toti. Some of the 147 tourists will be transferred and quarantined back home as they don’t show symptoms.Brazil Confirms Coronavirus Case, First in Latin America (9:21 a.m. NY)Brazil has confirmed the first coronavirus case in Latin America and will announce it shortly at a press conference, according to a person with direct knowledge of the matter.A 61-year-old Brazilian who recently traveled to Northern Italy for work tested positive in a preliminary test, the Health Ministry said in a statement late Tuesday evening. A second round of tests have confirmed the diagnosis, said the person, who isn’t authorized to speak publicly ahead of the press conference.Russia Limits Visas for Iranians, Cuts Korea Flights (9 a.m. NY)Russia has stopped issuing visas to most citizens of Iran and is limiting flights to South Korea, as the country’s top public-health official warned of growing risks that the virus will spread in the country.Authorities are also calling on Russians to refrain from visiting Italy and will extend restrictions already imposed on travel to China until April 1.Though its shares a long land border with China, Russia has so far reported only two local cases of COVID-19, both involving Chinese nationals.Trump Will Hold Coronavirus Press Conference (8:11 a.m. NY)U.S. President Donald Trump said he’ll hold a press conference at the White House Wednesday evening with top health officials at the Centers for Disease Control and Prevention.The White House has been emphasizing that the coronavirus is firmly under control in the U.S., though officials at the CDC have offered up more dire predictions about the virus’s eventual arrival in the U.S. and what the impact would be.U.K. Focused on Containing Virus: Minister (8 a.m. NY)U.K. Health Secretary Matt Hancock said his focus for now is on containing the virus. Britain will roll out a wider public information plan in the coming days and an isolation facility has been set up at London’s Heathrow Airport.EU Health Commissioner Urges Member States to Keep Borders Open (7:28 a.m. NY)European Union member countries plan a joint procurement program to ensure there’s enough protective gear for health-care workers, EU Health Commissioner Stella Kyriakides said.De Beers Lets Customers Stop Buying Diamonds Destined for China (7:19 a.m. NY)De Beers is allowing its customers to refuse to buy diamonds that are particularly popular with consumers in China and Hong Kong as the coronavirus crisis hits demand in a key gem market, people familiar with the matter said.Vietnam Sees Manufacturing Growth Slowing on Virus (6:47 a.m. NY)Vietnam sees first-quarter growth in the manufacturing sector slowing to 6.28% year-on-year, compared with an earlier projection of 10.47%, if the virus outbreak continues until the end of March.Italy Coronavirus Cases Rise to 374 With 12 Deaths (6:25 a.m. NY)Italy’s coronavirus-linked deaths rose to 12 after a fatality was reported in the Emilia-Romagna region, the head of Civil Protection told a press conference. The total number of cases rose to 374, from 322 previously.Greece Confirms First Coronavirus Case: State-Run ERT TV (6:09 a.m. NY)A 38-year old woman hospitalized in the northern city of Thessaloniki tested positive for the coronavirus, state-run ERT TV reported, citing the Health Ministry.Moody’s Expects Coronavirus to Weigh on 2020 Global Auto Sales (6:48 p.m. HK)Global auto sales are forecast to decline 2.5% in 2020, compared with a previously projected 0.9% drop, Moody’s said in a report.Weibo Says 1Q of 2020 ‘Significantly Impacted’ by Coronavirus (6:06 p.m. HK)Weibo’s first-quarter business has been “significantly impacted” by the coronavirus outbreak in China, the social media platform said.China’s Car Sales Continue to Plunge (5:48 p.m. HK)Retail sales fell 83% from a year earlier in the seven days through Feb. 23, the China Passenger Car Association said on Wednesday. The drop followed a 92% tumble in the first two weeks of February.Europe Cases Rise, More Dead in Iran (5:35 p.m. HK)Italy said cases in Lombardy rose to 259 from 240. France said it found three more cases and reported a fatality.Iran confirmed 44 new cases, taking its total to 139, and the death toll there rose to 19. Bahrain reported a total of 26 cases and shut schools for two weeks, while Kuwait has reported 18 cases so far. Standard Chartered PLC warned Gulf economies will grow at a slower pace than estimated this year as the coronavirus hurts oil demand, trade and tourism.Europe Debt Risk Jumps to Six-Month High (5:30 p.m. HK)The Markit iTraxx Europe Crossover index of credit-default swaps on high-yield companies rises for a third day on Wednesday to its highest since Aug. 23, as the relentless coronavirus spread threatens global growth. The index rose as much as 11.1bps to 268, following a 34-point climb this week.Thailand at Risk of Widespread Outbreak, Minister Says (4:46 p.m. HK)With Thailand’s 40 total confirmed coronavirus cases, the country is at risk of entering “phase 3,” which is the highest level of outbreak advisory, the country’s health minister said.Japanese Doctors Test Avigan to Treat Virus (4:40 p.m. HK)Doctors in Japan are testing several drugs including Fujifilm Holding Corp’s anti-influenza drug Avigan on preclincal research to treat the new coronavirus, according to the health ministry.Fujifilm soared earlier this week following Japanese Health Minister Katsunobu Kato’s comments on the country’s plans to recommend its Avigan drug to treat coronavirus.Spanish Hotel Remains in Lockdown (4:38 p.m. HK)Around 700 guests remained confined to their Canary Islands hotel as Spain stepped up efforts to contain the spread of the coronavirus. Italy and other European nations were on high alert.The number of infections in Tenerife has risen to four after two more Italians at the hotel were found to have the virus. Separately, Madrid’s regional government has confirmed a second coronavirus case, Cadena Ser radio reported.Virus to Hurt Diageo, Danone Sales (4:10 p.m. HK)Diageo said the coronavirus will reduce sales by as much as $422 million this year after bars and restaurants were shut in many parts of China. Danone, which sells Evian water, cautioned that first-quarter sales growth will grind to a halt.Hermes International said it’s too early to predict when the Chinese market will recover as the spread of the coronavirus hammers luxury spending there. The French company closed 11 stores in China and has since reopened seven of those.Earlier on Wednesday, Cathay Pacific Airways Ltd. said 25,000 staff will take unpaid leave. Chief Executive Officer Augustus Tang said in an internal memo that Cathay’s challenges “remain acute,” and thanked employees for their support. The Hong Kong-based airline this month asked its 33,000 workers to take three weeks off between March 1 and June 30.South Korean Cases Jump to 1,146 (4:07 p.m. HK)South Korea confirmed 115 more coronavirus cases, bringing total infections to 1,261. A week ago, the country had only 51 cases. The country is emerging as a second coronavirus hot spot in Asia, as the outbreak in China starts to show signs of plateauing. About two dozen countries have levied restrictions on travelers from South Korea, while flights and tour-group trips to the nation are being canceled.The lack of strong containment measures from the South Korean government in the city of Daegu, where most cases are emerging, is sparking questions over whether the virus will continue to spread through the country.A U.S. soldier stationed at a base near Daegu has tested positive, the first time a U.S. service member has been infected, the United States Forces Command said. U.S. Forces Korea raised the risk level to ‘high.’Businesses Rework Asia Supply Chains (12:46 p.m. HK)More than one-quarter of businesses grappling with coronavirus in Asia say they’re setting up or using supply chains that reduce their reliance on China, according to a survey by the American Chamber of Commerce in Singapore.The poll offers a glimpse into firms’ evolving strategies as confirmed cases of the virus accelerate in countries within and outside Asia, slamming global financial markets and forcing policy makers to unveil stimulus packages and monetary easing.Japan Wants Big Events Halted or Scaled Back (12:28 p.m. HK)Japanese Prime Minister Shinzo Abe called for major sporting and cultural events to be called off, postponed or scaled down over the next two weeks, saying the move was crucial in preventing the domestic spread of the new coronavirus.Abe introduced a new government plan on Tuesday to control the disease that called on employers to encourage telework and stagger working hours in an attempt to slow the spread of the disease.One major concern facing Abe has been whether the virus will derail Tokyo’s plans to host the Summer Olympics later this year. Japanese and Olympic officials have said there is no change to holding the games as planned, but there is a lot at stake for Abe. Tokyo has been preparing for the games for about seven years, spending more than $26 billion to ready the city, according to some estimates.Hong Kong Unveils $15 Billion Stimulus Package (11:49 a.m. HK)Hong Kong Financial Secretary Paul Chan announced a HK$120 billion ($15.4 billion) relief package, in an effort to shore up economic confidence in a city battered by political unrest and the coronavirus. The main feature of Chan’s annual budget announced Wednesday is a payment of HK$10,000 to each permanent resident of the city 18 or older.Carrie Lam’s administration is seeking to put a floor under the collapsing economy, rolling out a bolder budget than has been seen in recent years. Months of political unrest pushed Hong Kong last year into its first annual recession in a decade, with economists forecasting a second annual contraction in 2020 as disruptions from the coronavirus outbreak further depress the city’s output.Brazilian Tests Positive in First Latin America Case (10:44 a.m. HK)A 61-year-old man in Sao Paulo tested positive for the new coronavirus, in what can be the first case of the disease in Latin America. A counter-test is being made by Brazil’s reference hospital, Instituto Adolfo Lutz, the Health Ministry said in a statement published on its website and in its Twitter account.The man traveled to Northern Italy for work Feb. 9 through Feb. 21, and has mild symptoms that match the ones of a suspected Covid-19 infection, the statement said.China Reports 406 Additional Coronavirus Cases (9:50 a.m. HK)China reported 406 new cases from the coronavirus, bringing the total number of cases in the country to 78,064. China’s death toll rose by 52 to 2,715, with all the fatalities occurring in Hubei province.A total of 29,745 patients have been discharged from hospitals since the outbreak, the commission said. Hubei province, where the outbreak originated, reported 401 additional confirmed cases.Researchers Make Advances in Virus Testing (8:52 a.m. HK)A medical research team in Singapore has managed to establish links between cases in the city-state using a new testing method.Using a serological test developed by researchers from the Duke-NUS Medical School, the team was able to confirm that two individuals had earlier been infected with the coronavirus, also known as COVID-19, the Ministry of Health announced Tuesday. Serological tests identify antibodies in blood samples, which the immune system produces in response to an infection.\--With assistance from Fabiola Moura, Andrey Biryukov, Marco Bertacche, Dara Doyle, Tereza Elisabeth Pusca, Brian Parkin and Richard Clough.To contact Bloomberg News staff for this story: Adveith Nair in London at anair29@bloomberg.netTo contact the editors responsible for this story: Stuart Wallace at swallace6@bloomberg.net, Mark SchoifetFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Coronavirus update: 81,312 cases, 2,770 deaths; Trump to hold virus news conference
    MarketWatch

    Coronavirus update: 81,312 cases, 2,770 deaths; Trump to hold virus news conference

    The growing number of COVID-19 cases and deaths outside of Asia has put pressure on U.S. officials to more clearly articulate preparedness plans in an effort to ease American worries about the possibility of a pandemic.

  • Guinness parent Diageo warns of £200 million profit hit as businesses count the cost of the coronavirus outbreak
    MarketWatch

    Guinness parent Diageo warns of £200 million profit hit as businesses count the cost of the coronavirus outbreak

    Diageo became the latest multinational to measure the impact of the coronavirus epidemic on Wednesday as the world’s biggest spirits maker said the virus could hit profits by up to £200 million ($258.5 million) in 2020. On Wednesday, French food group Danone (FR:BN)cut its guidance and said it expects the virus to reduce first-quarter sales in China by €100 million. SSP Group, which operates food outlets at airports and rail stations around the world, said on Wednesday that sales had fallen sharply in China and Hong Kong.

  • Financial Times

    Danone: bottling it

    Danone has regularly undershot its own earnings guidance. Like-for-like sales of its infant formula, bottled water and other comestibles will grow 2 per cent to 4 per cent, it said on Monday. In the past two years alone Danone wrote off €1.5bn resulting from investments in Moroccan and Chinese dairy and organic salads.

  • Bloomberg

    Danone Says Coronavirus Weighs on Bottled Water Sales

    (Bloomberg) -- The economic damage from the coronavirus rose by more than $500 million after Diageo Plc and Danone warned the disease outbreak will reduce sales of beverages in China.Diageo, the maker of Johnnie Walker whisky, said the coronavirus will reduce its sales by as much as 325 million pounds ($422 million) this year after bars and restaurants were shut in many parts of China. Danone, which sells Evian water, said Wednesday that first-quarter sales growth will grind to a halt.Hermes International Chief Executive Officer Axel Dumas said it’s too early to predict when the Chinese market will recover as the spread of the coronavirus hammers luxury spending there. The French company closed 11 stores in China earlier and has since reopened seven of those, he said on a call with journalists.Dozens of companies have warned of the mounting economic disruption of the virus, which has infected more than 80,000 people and killed 2,700. The recent spread of the disease in Europe and Asia has led to a 7.3% slump in the S&P 500 Index in the past three trading days.Diageo fell as much as 2.3% in London, while Hermes dropped as much as 1.4% in Paris. Danone fell 0.9%.As the virus spreads beyond China, sales in places like South Korea and Japan are also being affected, Diageo said. The company said it’s hard to estimate the duration of the downturn, though it expects consumption to gradually improve and return to normal levels around the end of its fiscal year, which runs through June.Danone lowered its sales target for this year to growth of 2% to 4% on a like-for-like basis and also cut its profitability goal. The coronavirus will slice about 100 million euros ($109 million) from first-quarter revenue, the Actimel maker forecast.Hermes also said it sees potential for things to get better, though it’s hard to say when.“It’s too soon to say things are going back to normal,” CEO Dumas said. “We are in a process of reopening.”To contact the reporters on this story: Corinne Gretler in Zurich at cgretler1@bloomberg.net;Robert Williams in Paris at rwilliams323@bloomberg.netTo contact the editors responsible for this story: Eric Pfanner at epfanner1@bloomberg.net, Thomas MulierFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Danone posts profit fall and sees ‘volatile and uncertain’ 2020
    MarketWatch

    Danone posts profit fall and sees ‘volatile and uncertain’ 2020

    DOW JONES NEWSWIRES D Danone SA said Wednesday that net profit fell for 2019 and it issued new guidance for 2020. The French food company (FR:BN) said net profit for the year was 1.93 billion euros ($2.

  • GlobeNewswire

    DANONE: Strong progress on profitable growth in 2019; 2020: investment to accelerate climate action of our brands and strengthen our growth model

    2019 Full-Year ResultsPress release – Paris, February 26, 2020 Strong progress on profitable growth in 20192020: investment to accelerate climate action of our brands and.

  • Financial Times

    Danone trims sales growth targets because of coronavirus

    Danone has scaled back its sales growth and profit margin targets for 2020 as the coronavirus dents demand in China, its second-largest market, and it embarks on a €2bn spending plan to reduce its reliance on non-recycled plastic packaging and cut carbon emissions. Emmanuel Faber, chief executive, defended the decision to abandon the short-term profitability targets, saying that the €2bn spending programme over three years was the “right thing to do for the business” not only to respond to the urgency of climate change, but also to answer consumer demands for action on sustainability issues.

  • 5 Penny Stocks to Buy If You Can Risk It
    InvestorPlace

    5 Penny Stocks to Buy If You Can Risk It

    [Editor's note: "5 Penny Stocks to Buy If You Can Risk It" was previously published in December 2019. It has since been rewritten and updated with new stock picks and updated analysis.] Whether you're a newbie who just watched The Wolf of Wall Street or you're a seasoned trader whose previous fliers on penny stocks have burned one too many holes in your pocket, the story is the same: stay away from penny stocks!Penny stocks (classified by the SEC as anything trading under $5) are among the more volatile securities you'll ever come across. There are a few reasons for that, not the least of which is that their low prices confuse many would-be investors. Remember, just because it trades for a dollar doesn't mean that it's a cheap stock.Consider Lifeway Foods (NASDAQ:LWAY), which trades for a mere $2.45 and Danone (OTCMKTS:DANOY), trading at $15.55. On the one hand, Lifeway certainly appears cheaper but it's unprofitable at the operations level. On the other hand, Danone has a price-to-earnings ratio of 15.9. Bottom line: you're paying a much-higher premium for LWAY stock despite its smaller "sticker" price.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThat micro price tag makes penny stocks more susceptible to scammers and to wild swings in price.But all of this is not to say that buying penny stocks can't go your way -- just that the odds are stacked against you.Still here? Good. For those of you determined to get rich quick and hold on for dear life, I've rounded up five penny stocks that I found through a combination of earnings growth, fundamental strength and performance. * 7 Exciting Stocks to Buy for Aggressive Investors I'll tell you if you should buy it or stay away from it, but do yourself a favor and only invest money that you can afford to lose. Basically, don't gamble with your kid's college fund. These stocks are only for the crazies who can stomach the risk. 5 Penny Stocks to Buy: Enservco Corporation (ENSV)Source: Shutterstock Sector: Energy Five-year earnings growth: 20% Year-to-date performance: -29.66% Enservco (NYSEARCA:ENSV) is a little-known oil and gas player with a lot of earnings juice in the tank. The reason you haven't heard of this Denver-based company is due to its particularly boring, but stable, business: well enhancement and fluid logistics.In a nutshell, Enservco works with American exploration and production (E&P) firms through its three subsidiary businesses (Heat Waves Hot Oil Service, Heat Waves Water Management, Dillco Fluid Service). These companies provide core services that include hot oiling, acidizing and frac water heating.It's not your conventional oil and gas business.While Enservco suffered along with the rest of the oil patch during the dog days of the energy rout, it has since turned things around. In 2016, ENSV reported an operating income loss of $11 million. By 2017, management had trimmed that loss to $5 million. And in 2018, its operating loss had narrowed to just $2 million. For the first six months of 2019, Enservo posted operating income of $1.52 million.Enservco is now on track to become profitable again and the company has proven that it can drive profit growth even in a low-price environment. In its most recent quarterly report, ENSV reported 19%% revenue growth.Should you buy ENSV stock? In the past year, Enservco's stock is down 72%. But with an average 20% growth rate expected over the next five years, it's not difficult to see a path for ENSV stock to move higher. But for now, be cautious with ENSV stock. Smart Sand (SND)Source: Shutterstock Sector: Minerals Five-year Earnings growth: -2.6% YTD performance: -26.6%Smart Sand (NASDAQ:SND) is another company that works directly with frackers and oil drillers. Unlike Enservco, Smart Sands' business is in hydrocarbon. Specifically, SND is in hydrocarbon recovery for Big Oil hydraulic frackers. It also owns its own sand mine for fracking in the Oakdale, Wisconsin area, and another mine in Jackson County, Wisconsin.Lately, business has been good, with Smart Sand increasing its revenue from $59.7 million in 2014 to an expected $231 million in 2019.In Q3, SND increased revenues by 4% year-over-year Better still, adjusted EBITDA climbed 30% YoYShould you buy SND stock? According to U.S. Silica (NYSE:SLCA) CEO, Bryan Shinn, demand for locally sourced frac sand is growing. * 7 Exciting Stocks to Buy for Aggressive Investors "The trend towards longer laterals and more sand per well is continuing and will drive strong demand into 2019 and beyond," says Shinn. Higher oil prices should also facilitate stronger demand for fracking sand and make SND stock worth holding. SmithMicro (SMSI)Source: Shutterstock Sector: Technology Expected 5-Year Earnings growth: 10.75% YTD performance: 69%Continuing in the tradition of stocks you've never heard of, enter SmithMicro (NASDAQ:SMSI). SMSI plays an important role in many major technological trends, and it is a low-key way to play trends across several industries, including the mobile and cable industries.SmithMicro boasts more than 100 million devices across the world that use SMSI's products and solutions, running the gamut from home security to graphic tools for artists. Here's a quick rundown of its product suite:SafePath: Home connectivity and security designed for families. Includes location and parental controls, Internet of Things device connectivity and network security.CommSuite: Voice messaging with several iterations, including the ability to check voicemail on any device or platform.ViewSpot: Designed for retailers. ViewSpot supports in-store display and analytics which track the "customer's in-store journey."Graphics: Includes solutions for 2D animators, comic artists, "hyper-realistic" digital painting and an app that turns photos into works of art.Should you buy SMSI stock? SmithMicro's net income has exploded recently, going from a loss of $3.14 million in 2018 to a gain of $3.2 million in Q3. Further, sentiment on SMSI is increasing. B. Riley's Josh Nichols slapped the stock with a "buy" rating and a price target of $8.50.That said, if you bought in before SMSI's 69% increase, keep holding the stock. For those of you looking for more triple-digit gains, I'd be wary of SMSI stock until a new catalyst emerges. Coffee Holding Co (JVA)Source: Shutterstock Sector: Food & Beverages Expected 5-Year Earnings growth: 16% YTD performance: -19.3%Like most of the companies on this list, you've probably never heard of Coffee Holding Co (NASDAQ:JVA) -- a scrappy little company whose business is beans. JVA sells coffee wholesale for several uses, which include green coffee, private-label use and as branded coffee.Back in 2011, Coffee Holding was on top of the world. Forbes named Coffee Holding No. 41 on its "Best Small Companies" list amid a boom in coffee stocks. Companies such as Caribou Coffee and Peet's Coffee & Tea were flying high as the price of coffee peaked around $2.90-per-pound.Today, both Caribou and Peet's are delisted as the price of coffee trades just under $1 per pound.The only U.S. coffee stock you hear about now is Starbucks (NASDAQ:SBUX), which is more akin to McDonald's (NYSE:MCD) than the aforementioned coffee stocks. But Coffee Holdings is still kicking despite the volatility in coffee prices, which have been in a bearish trend since November 2016. * 7 Exciting Stocks to Buy for Aggressive Investors Should you buy JVA stock? Its relative anonymity works in its favor; JVA stock currently has a single analyst (Stephen Anderson of Maxim Group) covering it, earning JVA its sole "buy" rating. Anderson's price target of $9 is nearly double JVA's current perch of $3.74.If Coffee Holding rises on the back of higher coffee prices, you can bet that price target will be revised higher and more analysts will pile in with their own targets. If you've got money to risk, buy JVA stock before that happens. Dolphin Entertainment (DLPN)Source: Shutterstock Sector: Cyclical Consumer Services Next year's earnings growth: 50% YTD performance: 20%If you evaluated Dolphin Entertainment (NASDAQ:DLPN) based solely on its 2018 performance, you may have run for the hills and not looked back.I understand if you did -- it's a relatively unknown company that has struggled for years to turn a profit, capped by a year of monster losses … why would anyone dare risk their own money in DLPN?Its massive upside potential. Three analysts have an average price target of $1.83 on the stock, more than double its current price of 90 cents.Should you buy DLPN stock? With all of the hoopla surrounding, Netflix (NASDAQ:NFLX) and Disney (NYSE:DIS), it's easy to forget there are other content production companies in existence. Dolphin Entertainment may not be the largest or the loudest, but it's making moves behind the Hollywood scenes. It acquired 42West marketing outfit, which gave DLPN a revenue stream in the public relations industry. And with a price-sales ratio of just 0.6 and a market cap of just $14.95 million, it's hard not to take a flier on DLPN stock.John Kilhefner is the managing editor of InvestorPlace.com. As of this writing, Kilhefner did not hold a position in any of the aforementioned securities. If you have questions about the site or suggestions about our content, email us at editor@investorplace.com. Want to pitch us an article? Send your ideas and tips to investorplacestories@gmail.com, and if we like it, you'll hear back from us! More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Exciting Stocks to Buy for Aggressive Investors * 20 Stocks to Buy From the Law of Accelerating Returns * 7 U.S. Stocks to Buy on Coronavirus Weakness The post 5 Penny Stocks to Buy If You Can Risk It appeared first on InvestorPlace.

  • Diapers to Bricks: A $100 Billion Plastic Challenge
    Bloomberg

    Diapers to Bricks: A $100 Billion Plastic Challenge

    (Bloomberg) -- As Asia-Pacific president of Dow Chemical Co., one of the world’s biggest producers of plastics and chemicals, Jon Penrice has 100 billion reasons to recycle.“About 8 million tons of plastics are going into the ocean annually,” he said in an interview. “If you look at plastic packaging, around 95% is not being recycled each year which is $100 billion worth of plastic, and that’s valuable for entrepreneurs.”At the center of the effort is Asia, which consumes almost half of the world’s plastic packaging, according to BloombergNEF, and imports even more waste from the U.S. and Europe. Solutions -- such as Indian vending machines that turn plastic bottles into polyester, and researchers in Singapore who are working out ways to clean up oil spills using the waste -- will be needed to meet demand for recycled plastics that’s forecast to rise faster than supply.The biggest challenge to the transition is to make recycled plastics at a price and quality that are competitive. Virgin plastic is derived from crude oil and is closely linked to the global oil price. Because the cost of recycled plastic is more stable, it becomes relatively more expensive when crude prices fall.See also: China Upended the Politics of Plastic and the World Is Still ReelingThe complexity of sorting different types of plastic is another hurdle, according to Penrice, as well as dealing with waste at source rather than producing a lot of carbon emissions by sending it half way around the world.An estimated $80 billion-$120 billion of value is lost because of packaging that goes into the environment, said Navneet Chadha, principal operations officer at the World Bank’s International Finance Corp., which helps fund private sector investment in developing countries. “We have to think of used plastic as a resource, not as a waste.”See also: World Seen Struggling to Recycle Even 50% of Its Plastic WasteBut Chadha cautioned that standards for recycled products need to be developed to avoid “unintended consequences”. Using plastic in road construction, for example, needs to be evaluated further as microplastics may be generated as the road decays, he said.Here are some of the ways plastic is being recycled in Asia:Traditional RecyclingPlastic waste is traditionally reused by collecting and sorting refuse and then melting it, a process known as mechanical recycling. Part of the problem is that a lot of garbage is tainted with food or chemicals and can’t cheaply be turned into high quality raw materials.“The biggest challenge is quality of recycled plastic,” said Jean-Marc Boursier, chief operating officer of SUEZ Group, one of the world’s largest recycling companies. “Major consumer goods companies like Danone, Pepsi or Coca Cola will not buy recycled plastic unless they are convinced that the quality is as good as virgin plastic.”SUEZ has nine plants globally that can turn a combined 500,000 tons of waste plastic into 150,000 tons of polymers, used to make shampoo bottles, car interiors and other products. The company is opening its first Asian plastic recycling plant this year in Thailand.Boursier suggests pricing the carbon savings into the recycled plastic price to take into account the environmental benefit.AerogelsA team of researchers at the National University of Singapore has developed a way to convert low-value plastic waste into aerogels -- ultra-light materials used in everything from diaper fillings to cleaning up oil spills.Around eight average plastic water bottles produce a square meter sheet of aerogel using the method, said Duong Hai Minh, an associate professor at the university who worked on the project. The researchers have sold commercial production rights to firms including Bronxculture in Singapore and DPN Aerogel JSC in Vietnam, he said.“People throw away plastic because there they don’t see any value,” Minh said. “As long as we can make it valuable, everyone will keep it and sell it.”HighwaysUsing plastic waste to build roads is gaining in popularity, not least because all types of plastic including difficult-to-recycle multilayered packaging and flexible films and coatings used to wrap chocolates and for food deliveries can be used. Dow Chemical and India’s Reliance Industries Ltd. have developed technologies that use this plastic as a binder, replacing some of the bitumen.The Mukesh Ambani-led company has built 40 kilometers of road at its refineries using plastic that can’t otherwise be recycled, and is in talks with National Highways Authority of India and other road builders about using the technology more widely, said Vipul Shah, chief operating officer for the petrochemicals business.Meanwhile Indian Oil Corp., the country’s biggest refiner, is trying to get the government to make the blending of non-recyclable plastics in road-laying mandatory, said S.S.V. Ramakumar, director of research and development.In the Philippines, San Miguel Corp. laid down its first road combining plastic scraps with asphalt last year, using surface material developed with Dow. The chemicals giant has also helped build plastic-based roads in India, Indonesia, Vietnam and the U.S., according to Dow’s Penrice.See also: The Philippines Is Making Roads and Cement With Plastic Garbage“It’s relatively simple from the technology point of view: you shred the plastic waste, some sorting and selection and then you feed it into the existing asphalt machinery,” he said. “Approximately 100 tons of plastic waste can be recycled into a 40-kilometer stretch of road.”TextilesShredding plastic bottles to produce polyester for clothing is another technology that’s gaining traction in Asia. Reliance has set up reverse-vending machines that collect used bottles in exchange for discount coupons that can be redeemed at its company stores.The company, India’s largest petrochemicals manufacturer, can recycle around 2 billion plastic bottles a year, or 33,000 tons, according to Shah. Capacity will be doubled over the next 18 months, he said.BricksSome non-government organizations and companies are looking at ways to use waste plastic to make bricks and other construction materials. The Global Ecobrick Alliance is promoting use of a block tightly crammed with plastic and other recyclables. Qube, an India-based start-up, has developed a brick made entirely of plastic waste. Called the PlastiQube, it’s cheaper and uses less energy to produce than conventional counterparts, according to the company’s website.Chemical RecyclingBreaking down waste plastic into a basic feedstock like naphtha -- a process called pyrolysis -- can reprocess dirty, contaminated plastics like detergent drums and mixed polymers that can’t be dealt with through mechanical recycling.Pyrolysis will provide around 17% of the 19 million tons of plastics recycling capacity required by 2030 in major economies, according to BloombergNEF. Dow will source oil feedstock made using pyrolysis from Dutch company Fuenix Ecogy Group, while Royal Dutch Shell PLC and Total SA have partnered with start-ups to increase use of the technology.“Mechanical recycling will continue to be cheaper,” said Boursier at SUEZ, which is setting up a pyrolysis pilot project in Bristol in the U.K. “But for complex or polluted plastic, chemical recycling will be the future.”(Company corrects second paragraph to show $100 billion is the value of all plastic packaging that’s not being recycled)To contact the reporters on this story: Saket Sundria in Singapore at ssundria@bloomberg.net;Debjit Chakraborty in New Delhi at dchakrabor10@bloomberg.netTo contact the editors responsible for this story: Serene Cheong at scheong20@bloomberg.net, Andrew Janes, Adam MajendieFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • GlobeNewswire

    Danone: Information on the total number of voting rights and shares

    Registered Office: 17, boulevard Haussmann, 75009 Paris. (1) The total number of theoretical voting rights (or “gross” voting rights) is used as the basis for calculating the crossing of shareholding thresholds. In accordance with Article 223-11 of the AMF General Regulation, this number is calculated on the basis of all shares to which voting rights are attached, including shares whose voting rights have been suspended.

  • Bottled water firms turn on the taps with filters, flavours and fizz
    Reuters

    Bottled water firms turn on the taps with filters, flavours and fizz

    BERLIN/VEVEY, Switzerland (Reuters) - A German firm backed by bottled water giant Danone plans to launch a sparkling-water machine for the home early next year, its chief executive told Reuters, squarely taking aim at PepsiCo's SodaStream. Nestle, the bottled water market leader, is also considering a machine for the home with filters, flavours and fizz that would be a smaller version of its Refill+ dispensers being rolled out in cafeterias, hotels and offices this year. Concerns about plastic waste and the environmental impact of transporting bottled water are prompting more people to drink straight from the tap, which is in turn pushing water firms to come up with new products to keep customers on board.

  • Bottled water firms turn on the taps with filters, flavors and fizz
    Reuters

    Bottled water firms turn on the taps with filters, flavors and fizz

    BERLIN/VEVEY, Switzerland (Reuters) - A German firm backed by bottled water giant Danone plans to launch a sparkling-water machine for the home early next year, its chief executive told Reuters, squarely taking aim at PepsiCo's SodaStream. Nestle , the bottled water market leader, is also considering a machine for the home with filters, flavors and fizz that would be a smaller version of its Refill+ dispensers being rolled out in cafeterias, hotels and offices this year. Concerns about plastic waste and the environmental impact of transporting bottled water are prompting more people to drink straight from the tap, which is in turn pushing water firms to come up with new products to keep customers on board.

  • GlobeNewswire

    Danone: Danone recognized as a global environmental leader, becoming one of the 6 companies with ‘AAA’ score by CDP worldwide

    Danone obtained a ‘triple A’ score by nonprofit organization CDP in recognition of its leading environmental efforts, namely in tackling climate change, fighting deforestation and protecting water cycles. This prestigious distinction acknowledges Danone’s unique commitments to being a game-changer and to fostering positive environmental solutions, in line with its ‘One Planet.

  • Reuters

    Japan, U.S. lead survey's corporate climate change action 'A List'

    BT , Danone, Microsoft and Sony are among 178 companies with top marks in the latest global ranking of transparency and action on climate change. Japan and the U.S. were the countries with the headquarters of the most 'A List' companies individually, while regionally, Europe as a bloc was home to the highest number. Companies are coming under pressure from customers and investors to step up efforts to help slow climate change in accordance with the 2015 Paris climate agreement to phase out greenhouse gas emissions by shifting away from fossil fuels.

  • Does Danone S.A.'s (EPA:BN) CEO Salary Compare Well With Others?
    Simply Wall St.

    Does Danone S.A.'s (EPA:BN) CEO Salary Compare Well With Others?

    Emmanuel Faber became the CEO of Danone S.A. (EPA:BN) in 2014. This report will, first, examine the CEO compensation...

  • Sonoco's Industry Alliance to Enhance Fiber-Based Packaging
    Zacks

    Sonoco's Industry Alliance to Enhance Fiber-Based Packaging

    Sonoco's (SON) alliance with 4evergreen is focused on spreading awareness about the benefits of fiber-based packaging materials.

  • Signature Select Canadian Fund's Top 5 Buys
    GuruFocus.com

    Signature Select Canadian Fund's Top 5 Buys

    Fund’s top buy is in gold ETF. It also enters a small stake in Buffett’s conglomerate Continue reading...

  • Is Danone S.A. (EPA:BN) A High Quality Stock To Own?
    Simply Wall St.

    Is Danone S.A. (EPA:BN) A High Quality Stock To Own?

    While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...

  • Should Danone (EPA:BN) Be Disappointed With Their 36% Profit?
    Simply Wall St.

    Should Danone (EPA:BN) Be Disappointed With Their 36% Profit?

    The main point of investing for the long term is to make money. But more than that, you probably want to see it rise...