McDonald’s new CEO Chris Kempczinski is looking to change the fast food giant’s culture. Yahoo Finance’s Heidi Chung joins Seana Smith on The Ticker to discuss. …read more […]
The stock was static in 2019, but a Wall Street veteran thinks investors are overlooking the company’s outstanding pipeline and strong upward momentum Continue reading… …read more […]
(Bloomberg) — Pier 1 Imports Inc. is planning to dismiss about 40% of its headquarters staff, roughly 300 people, and is canceling orders as it works to overhaul the troubled business, according to people with knowledge of the matter.The retailer has drafted a bankruptcy plan and last month made a presentation to creditors that envisioned a smaller post-bankruptcy company with about $900 million in annual sales. It’s also held talks with current lenders about providing Chapter 11 financing, said the people, who asked not to be identified because the process is private.The company’s shares declined as much as 30% on …read more […]
U.S. stocks ended higher on Monday, rebounding from Friday’s losses as investors brushed aside increased tensions in the Middle East, while shares of Alphabet and other internet names gained.
The embattled home goods retailer is also canceling orders as it reworks its business structure. …read more […]
One of the most memorable moments of the Golden Globes happened before the first award was even presented. Fifth-time host Ricky Gervais gave a scathing critique of tech giants that have also become players in Hollywood. …read more […]
Investors typically have a single New Year’s resolution in mind: to make more money. While the goal is decidedly easy, attaining it is a lot more difficult.So, what’s the best way to build a return-producing portfolio? There are different strategies, for sure, but one way is to follow the guidance of the experts.Every January for the last 15 years, investment firm Stephens starts the year with a Best Ideas list. The firm’s analysts choose stocks in each sector with the best fundamental investment characteristics, ones which they believe are poised to outperform the market in the following 12 months.Looking into …read more […]
(Bloomberg) — Mourners packed the streets of Tehran Monday as the world braced for Iran’s response to the U.S. killing in Baghdad of Qassem Soleimani, who ran Iran’s foreign military operations and expanded its influence across the Middle East. Iraq’s parliament reacted by asking the government to work to expel U.S. troops from Iraqi soil, potentially ending a chapter that began with the 2003 invasion. The vote prompted a threat of sanctions from Donald Trump against Iraq, an ally in the fight against Islamic State.Oil briefly surged above $70, gold rose to the highest in more than six years and …read more […]
Gold prices shot to almost seven-year highs on Monday as a spike in U.S.-Iranian tensions spurred demand for safe-haven assets and pushed a gauge of global equity markets lower, but shares on Wall Street rebounded on a less worrisome view of events.
It’s a “fantastic addition to the Yum! family and has significant untapped growth potential,” one official said. …read more […]
The New York Times is reporting the company has uncovered another potential design flaw with its 737 Max fleet. Yahoo Finance’s Heidi Chung joins Seana Smith on The Ticker to discuss. …read more […]
(Bloomberg) — Movie-theater stocks are facing a rough outlook for the new year, as a weak slate of films looks to extend the tepid U.S. box office seen over 2019, analysts said on Monday.MKM Partners wrote that it was “taking a cautious outlook for 2020,” anticipating that domestic box office revenue would fall 4% in 2020. That’s on top of a year-over-year drop in 2019.Referring to 2020, MKM analyst Eric Handler wrote that “the biggest issue for the year is it is lacking the mega-hits seen last year,” when four titles — “Avengers: Endgame,” “The Lion King,” “Toy Story 4,” …read more […]
Occidental Petroleum Corp said on Monday it would cut its majority stake in pipeline operator Western Midstream Partners LP to less than 50% in 2020, to reduce its debt that grew significantly with the Anadarko Petroleum Corp deal.
Deputy Director at Atlantic Council’s Scowcroft Center for Strategy and Security Matthew Kroeing joins Yahoo Finance’s Seana Smith to discuss Iran’s threat to gain nuclear arms on The Ticker. …read more […]
Xerox Holdings Corp said on Monday it has secured $24 billion in financing for its $33.5 billion takeover offer for HP Inc , a deal that the personal computer maker is opposing.
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