McDonald's Corp
Nike to fully exit Russia, will scale down over coming months
A man walks past the Nike logo seen in a window of a brand store in Kiev. Pavlo Gonchar | LightRocket | Getty Images U.S. sportswear maker Nike is making a full exit from Russia, three months after suspending its operations there, the company said in an emailed statement Thursday. Nike said on March 3 […]
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Crypto start-up MoonPay launches NFT platform with Universal, Fox
MoonPay co-founder and CEO Ivan Soto-Wright at the Bitcoin 2022 conference in Miami. MoonPay Crypto start-up MoonPay said Tuesday that it’s partnering with Universal Pictures, Fox Corporation and Snoop Dogg’s Death Row Records, among other brands, to launch a new NFT platform called HyperMint. The new platform enables large brands, agencies, and enterprises to mint […]
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Inflation and recession fears are squeezing some industries more than others
A woman pushes a shopping cart through the grocery aisle at Target in Annapolis, Maryland, on May 16, 2022, as Americans brace for summer sticker shock as inflation continues to grow. Jim Watson | AFP | Getty Images People still appear willing to shell out to travel, go to the movies and have a drink […]
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This fund may be an attractive move for investors in volatile, inflationary markets, Amplify ETFs CEO says
Investors may want to consider a special fund focused on high dividend yielding large-caps, according to a leading ETF fund manager. Christian Magoon believes his firm’s actively managed Amplify CWP Enhanced Dividend Income ETF (DIVO) will provide upside to investors during this volatile and inflationary market backdrop. It’s described as an enhanced dividend income ETF […]
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These ‘dividend aristocrats’ offer steady returns in an uncertain market, Credit Suisse says
As Wall Street starts another month with further volatility in the markets, Credit Suisse identified some “dividend aristocrats” that could offer investors steady returns. Analysts at the investment bank maintained an overweight rating on dividend stocks, even as they moved down to neutral on value stocks, according to a Friday report from the investment bank. […]
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Beware of these dollar-vulnerable stocks if they’re in your portfolio
The U.S. dollar has been strong this year, and that could mean bad news for companies dependent on international sales. The dollar index , which measures the U.S. currency’s performance against six other major trading currencies such as the euro and the yen, is up more than 6% this year. Earlier this month, the index […]
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Carl Icahn loses proxy fight with McDonald’s over animal welfare
Carl Icahn speaking at Delivering Alpha in New York on Sept. 13, 2016. David A. Grogan | CNBC Activist investor Carl Icahn lost his proxy fight with McDonald’s on Thursday, signaling that shareholders weren’t swayed by his animal-welfare concerns. Preliminary counts of votes during the company’s annual shareholder meeting showed that Icahn’s board nominees only […]
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McDonald’s shareholders to vote on proxy fight with Carl Icahn over animal welfare practices
Signage outside a McDonald’s Corp. fast food restaurant in Louisville, Kentucky, U.S., on Friday, Oct. 22, 2021. Luke Sharrett | Bloomberg | Getty Images McDonald’s shareholders meeting on Thursday morning will mark the climax of a proxy fight waged by activist investor Carl Icahn, who is pushing for two seats on the fast-food giant’s board […]
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Starbucks will exit Russia after 15 years, closing 130 licensed cafes
A woman drinks coffee in a Starbucks in a mall in Khimki outside Moscow. Alexander Natruskin | Russia After 15 years operating in Russia, Starbucks will exit the market, joining companies like McDonald’s, Exxon Mobil and British American Tobacco in withdrawing from the country completely. The coffee giant announced Monday that it will no longer […]
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Goodbye, American soft power: McDonald’s exiting Russia after 32 years is the end of an era
Soviet customers stand in line outside the just opened first McDonald’s in the Soviet Union on January 31, 1990 at Moscow’s Pushkin Square. Vitaly Armand | Afp | Getty Images It was 4 a.m. and a trickle of Russians had already begun lining up outside the building in the freezing winter cold, hours before opening […]
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