According to Starbucks Corp.’s interim Chief Executive Howard Schultz, the coffee giant’s problem isn’t demand, but the challenges of meeting it. The company SBUX, -1.26% has allotted more than $200 m...
Tag: limited-service restaurants
Beyond Meat Stock Jumps on Hopes McDonald’s Partnership Will Be Permanent
Text size A McDonald’s McPlant Beyond Meat burger. Justin Sullivan/Getty Images Beyond Meat stock jumped on Wednesday, following reports that its McPlant partnership with restaurant behemoth McD...
Apple, Microsoft, Visa, Boeing, GM, Chipotle, and Other Stocks to Watch This Week
It’s the busiest week of first-quarter earnings season. A whopping 165 S&P 500 companies are scheduled to report their results for the first three months of 2022. Big Tech giants will be among the...
Apple, Microsoft, Visa, Boeing, GM, Chipotle, and Other Stocks for Investors to Watch This Week
It’s the busiest week of first-quarter earnings season. A whopping 165 S&P 500 companies are scheduled to report their results for the first three months of 2022. Big Tech giants will be among the...
Howard Schultz Is Back as Starbucks CEO. Here’s His To-Do List.
On Monday, Howard Schultz is expected to step into a familiar role—slated to lead a town hall meeting with employees of Starbucks Corp., the coffee chain he built into a neighborhood cafe across the w...
How Starbucks Changed Under Departing CEO Kevin Johnson
The chief executive officer of Starbucks Corp. is stepping down Monday, after half a decade running the world’s largest coffee chain. Kevin Johnson oversaw a period of growth followed by a volatile co...
Bill Ackman Is Chilling After Netflix
Text size Bill Ackman of Pershing Square Capital Management Patrick T. Fallon/Bloomberg Shareholder activism has come roaring back in 2022 but it’s missing one of its most prominent voices. There were...
Starbucks Stock Has Gotten Crushed. This Analyst Says It’s Time to Buy.
Text size Starbucks stock still looks good for the long haul, Jefferies says. Scott Olson/Getty Images Starbucks stock is off roughly 25% year to date, but Jefferies argues that the market has it wron...
Howard Schultz, Returning to Starbucks, Seeks New Start With Baristas
Last November, Howard Schultz traveled to Buffalo, N.Y., with a message to workers considering forming a union: Starbucks would do the best job looking out for employees’ interests. During an hourlong...
SEC-targeted Chinese companies slump; Yum China warns of 2024 delisting risk
Shares of Chinese companies flagged for possible delisting in the U.S. slid in Hong Kong and Shanghai trading Friday, a move that analysts said highlighted geopolitical tensions but would have little ...
Amazon’s Stock Split Follows Alphabet’s. Here’s Who’s Next.
Text size Amazon.com’s share price is likely to go from nearly $3,000 to less than $150 as a result of the split. Chris Ratcliffe/Bloomberg Amazon . com announced a stock split just over a month...
Alibaba and Other Chinese Stocks Got Crushed Thursday. Here’s Why.
Text size Chinese stocks including Alibaba fell on concerns they would eventually be delisted in the U.S. Qilai Shen/Bloomberg Alibaba (BABA), Yum China Holdings (YUMC), ACM Research (ACMR), Baidu (BI...
Starbucks fires 7 Memphis employees seeking union
Starbucks has fired seven employees who were leading an effort to unionize a Memphis, Tennessee, store. The Seattle coffee giant said Tuesday that the employees violated company policy by reopening a ...
Disney, Chipotle, Pfizer, Twitter, Coca-Cola, and Other Stocks for Investors to Watch This Week
Text size Uncredited We’re past the peak of fourth-quarter earnings season, but still with many notable companies left to report. Some 75 S&P 500 components are scheduled for this week. Tyson Food...
Opinion: Restaurant stocks are on the menu for investors as the pandemic’s end nears
Omicron is ripping through the population at a shocking rate, but there’s an upside. The coronavirus variant is milder and on track to leave the U.S. faster than delta. If so, this will favor “reopeni...
Beyond Meat Stock Is Climbing Because ‘Beyond Fried Chicken’ Is Coming to KFC
Text size KFC Beyond Bucket Courtesy of Beyond Meat Beyond Meat said its plant-based fried chicken product is coming to KFC locations in the U.S. next week. Shares of the meat substitute firm jumped i...
These 10 stocks in the S&P 500 soared at least 8% after the Fed made its big move — but only 3 have gains for 2022
Wednesday turned into a big day for stocks — the S&P 500 index had its largest one-day percentage gain in nearly two years — after the Federal Reserve raised the federal funds rate by half a perce...