Spinoff spotlight

OATLY GROUP AB (ADSs), $28 is a hold. This Swedish company (Nasdaq symbol OTLY; Consumer sector; ADSs outstanding: 591.8 million; Market cap: $16.6 billion; No dividend paid; Takeover Target Rating: Lowest; www.oatly.com) is the world’s largest producer of oat milk. It also produces frozen desserts… Read More

This pandemic star is still shining

Starbucks has rebounded strongly since the start of the COVID-19 pandemic thanks to its pickup-only and drive-thru locations.
The company now plans to concentrate on adding more of those outlets under a new growth plan. It expects to expand to that number to 55,000 stores by… Read More