Starbucks Corp
Starbucks names Laxman Narasimhan as new CEO, starting in April
Starbucks on Thursday named Laxman Narasimhan as its next chief executive officer. Narasimhan most recently served as CEO of health and hygiene company Reckitt, which owns brands such as Lysol, Durex and Mucinex. He announced earlier Thursday he was stepping down from that role. He’ll join Starbucks in October, learning about the company and its […]
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We’re making a small buy in a newer stock, the latest step in bulking out our position
We’re making one buy Thursday afternoon, putting more of our large cash position to work into a market that is oversold. Source
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How we’re positioning our portfolio heading into the worst month of the year
We’ve been shaping our investments around companies that can historically hold up in tough environments, and using downturns to buy high-quality tech. Source
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We’re using Tuesday’s down market to buy more of our two newest stocks
We are looking around the portfolio for stocks to buy — but for now, we are sticking with our two most recent initiations. Source
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3 takeaways from the Investing Club’s ‘Morning Meeting’ on Monday
Jim Cramer explains why the CNBC Investing Club is putting cash to work during Monday’s market declines — and discloses the one stock he’s looking to sell. Source
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We’re buying some more tech and two of our newer stocks in a down market
As Jim Cramer wrote Sunday, the Club is sticking with tech stocks as we believe the end is near. Source
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Breakfast sales hold steady as people heading back to offices cut back elsewhere
Consumers may be dining out less, but breakfast sales are holding steady as people return to offices and grab a quick bite or iced coffee on the way to work. Overall traffic to restaurants fell 2% in the second quarter from a year ago as inflation drove menu prices up, according to market research firm […]
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Chipotle restaurant in Michigan votes to unionize, in a first for the chain
A Chipotle Mexican Grill sign is seen in the Park Slope neighborhood in the Brooklyn borough of New York City. Michael M. Santiago | Getty Images A Chipotle Mexican Grill restaurant in Lansing, Michigan, became the chain’s first location to vote to unionize. Workers at the store voted 11 to three in favor of unionizing […]
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We’re starting a new position in a stock that will benefit from retail’s inventory glut
Excess inventory has been a common theme throughout earning season. Source
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4 takeaways from the Investing Club’s ‘Morning Meeting’ on Thursday
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. July’s soft PPI is welcome news for growth stocks Disney just crushed it Quick mentions: QCOM, AAPL, DIS, AMZN We need to be nimble in oil 1. July’s soft PPI […]
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