Explainer: why methane-reducing additive Bovaer has caused frenzy for Arla Foods [Yahoo! Finance]
DANONE S/ADR (DANOY)
NASDAQ:AMEX Investor Relations:
danone.com/en/for-you/investors/investor-center/investor-relations-contacts
Company Research
Source: Yahoo! Finance
It works by suppressing an enzyme in cow's rumen that combines hydrogen and carbon oxide to produce enteric emissions (also known as methane). According to DSM-Firmenich, the company that produces Bovaer, a quarter of a teaspoon can start having an effect 'in as little as 30 minutes'. (Source: DSM-Firmenich's website) Food companies are using Bovaer to reduce their carbon footprint and meet their emissions-related goals. For example, Danone has a pledge to cut methane emissions by 30% by 2030, and JBS signed an agreement to use Bovaer in its animal feed in 2021. (Source: Article) According to DSM-Firmenich and Arla Foods, Bovaer is safe and does not get into the milk. Bas Padberg, the MD of Arla Foods' UK arm, said 'Arla Foods would never ever jeopardise the quality of our product. We only work with completely science-checked and backed up product for our foods.' (Source: BBC interview with Bas Padberg) The backlash on social media was triggered by concerns over the additive's p
Show less
Read more
Impact Snapshot
Event Time:
DANOY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DANOY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DANOY alerts
High impacting DANONE S/ADR news events
Weekly update
A roundup of the hottest topics
DANOY
News
- Chile Inborn Errors Of Protein Metabolism Market to Generate Valuation of US$ 217.2 Million By 2032 | Phenylketonuria (PKU) Disorder Take up over 46% Market Share Says Astute Analytica [Yahoo! Finance]Yahoo! Finance
- The Canadian Food Inspection agency's reliance on third-party audits is a risk to food safety, experts say [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Danone S.A. (OTCMKTS: DANOY) was upgraded by analysts at The Goldman Sachs Group, Inc. to a "hold" rating.MarketBeat
- Milk & Cream Manufacturing Industry Set for Strong Growth, Valued at $923.95 Billion in 2024 [Yahoo! Finance]Yahoo! Finance
- Listeria outbreak victims call for reform after algorithm failed to flag affected plant [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The