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Morning Brief: Top Financial Stories Dominating on Friday, May 27
Friday, May 27, 2022 - 7:16am | 2585CNBC Airbus’s New Facility To Research Cryogenic Fuel Systems, Focused On Hydrogen Technologies Airbus SE (OTC: EADSY) is establishing a hydrogen-focused facility in the United Kingdom; its latest attempt to boost the design of its next generation of aircraft. Airbus stated in a statement...
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McDonald's Shareholders Vote For Civil Rights Audit: Bloomberg
Friday, May 27, 2022 - 6:23am | 258McDonald’s Corp (NYSE: MCD) investors have voted in favor of a proposal for an independent civil-rights audit, Bloomberg reported. The civil rights audit was the only shareholder proposal to gain the backing of a majority of votes cast at McDonald’s annual meeting. About...
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Starbucks Closes Russia Business Permanently: WSJ
Monday, May 23, 2022 - 9:29am | 248Starbucks Corp (NASDAQ: SBUX) is shutting down its business in Russia, the Wall Street Journal reported. The coffee giant has decided to permanently close operations in its 130 stores and would no longer have an operation in Russia. The company had suspended its licensee's...
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McDonald's Exits Russia - Read The Latest Update
Thursday, May 19, 2022 - 7:52am | 257McDonald's Corp (NYSE: MCD) has entered into a sale and purchase agreement with its existing licensee Alexander Govor to sell its Russian business. The financial terms were not disclosed. Under this agreement, Govor will acquire McDonald's restaurant portfolio and operate...
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A Peek Into The Markets: US Stock Futures Down Following Tuesday's Rally
Wednesday, May 18, 2022 - 4:28am | 784Pre-open movers U.S. stock futures traded lower in early pre-market trade after the Dow Jones jumped more than 400 points in the previous session. Investors are awaiting earnings results from Target Corporation (NYSE: TGT), Lowe's Companies, Inc. (NYSE: LOW) and Cisco Systems, Inc. (NASDAQ...
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The Retail Sales Report Mostly Meets Expectations But Inflation Clouds The Results
Tuesday, May 17, 2022 - 10:22am | 2252This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. (Tuesday Market Open) S&P 500 futures were trading 1.68% higher before the market open despite mixed earnings announcements from Walmart...
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This Healthy Fast-Food Company Reports Expanding Its Global Reach
Tuesday, May 17, 2022 - 7:19am | 1046Photo: Muscle Maker Grill This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. For many people, the mere mention of fast food paints a picture of obesity, but Muscle Maker Inc. (NASDAQ: GRIL) says that it...
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Morning Brief: Top Financial Stories Dominating on Monday, May 16
Monday, May 16, 2022 - 7:15am | 3284CNBC Volkswagen CEO Shares Ambitious EV Ambitions For US Market Volkswagen AG (OTC: VWAGY) looks to re-launch the Scout as a fully-electric pick-up and “rugged” SUV with prototypes due to be revealed in 2023 and production planned to begin in 2026. VW looks to set up a separate...
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McDonald's To Exit Russian Market As Crisis Clouds Operating Prospects
Monday, May 16, 2022 - 5:48am | 249McDonald's Corp (NYSE: MCD) plans to exit the Russian market after more than 30 years of operations in the country. The company has initiated a process to sell its Russian business. The move follows its announcement in March that it had temporarily closed...
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Emerging Healthy Food Restaurant Brand Reports On Building Franchise Model Of Walking Before Running
Wednesday, May 11, 2022 - 9:39am | 605Photo provided by Muscle Maker Inc. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Franchising is not a new invention. Albert Singer and the I.M. Singer & Co. became the first commercial franchisor in...
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Luby's Issues Cash Liquidating Dividend
Friday, May 6, 2022 - 4:51am | 167Luby’s Inc (NYSE: LUB) Board has declared a cash liquidating distribution of $0.20 per share. The liquidating dividend will be paid on May 24, 2022, to shareholders of record as of May 17, 2022. The distribution follows an initial distribution of $2.00 per share paid on...
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10 Biggest Price Target Changes For Friday
Friday, April 29, 2022 - 6:52am | 418Morgan Stanley lowered Apple Inc. (NASDAQ: AAPL) price target from $210 to $195. Apple shares fell 2.6% to $159.25 in pre-market trading. Citigroup raised the price target for McDonald's Corporation (NYSE: MCD) from $270 to $273. McDonald's shares fell 0.3% to $253.45 in pre-market...
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Surprise Negative GDP Report Could Hurt Premarket Rally
Thursday, April 28, 2022 - 11:16am | 2377This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. (Thursday Market Open) The bulls approached another run as the major indexes try to stay above key support levels. Yesterday’s morning surge failed soon...
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McDonald's Shares Gain on Q1 Earnings Beat, Global Comp Sales Growth
Thursday, April 28, 2022 - 7:11am | 241McDonald’s Corp (NYSE: MCD) reported first-quarter FY22 sales growth of 11% year-on-year to $5.67 billion, beating the consensus of $5.59 billion. Global comparable sales rose 11.8%, with 3.5% growth in the U.S. Digital systemwide sales exceeded $5 billion, representing...
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A Peek Into The Markets: US Stock Futures Gain; Apple, Amazon Earnings In Focus
Thursday, April 28, 2022 - 4:30am | 813Pre-open movers U.S. stock futures traded higher in early pre-market trade ahead of major earnings and economic reports. Investors are awaiting earnings results from Apple Inc. (NASDAQ: AAPL), Amazon.com, Inc. (NASDAQ: AMZN), Twitter, Inc. (NYSE: TWTR), McDonald's Corporation (NYSE: MCD)...