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...
Tag: Lodgings/Restaurants/Bars
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...
As Oil Briefly Dips Below $100, Russia and Europe Play a Game of Chicken
U.S. oil prices briefly dipped below $100 barrel Friday, as President Joe Biden’s plan to release one million barrels a day of reserves began to have the desired effect. But it’s premature to start th...
Olive Garden Parent Darden Predicts Lower Sales This Year, but the Stock Is Up.
Text size In addition to Olive Garden and LongHorn Steakhouse, Darden owns brands such as Cheddar’s Scratch Kitchen, Yard House, and The Capital Grille. Dreamstime.com Shares of Darden Restauran...
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...
Cattle Ranchers Take Aim at Meatpackers’ Dominance
For years, many ranchers have blamed meatpacking giants for low cattle prices. Now, some cattlemen say they have a solution: Process the beef themselves. On 80 acres in western Nebraska, a group of ca...
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...
Deere, Hershey and More Stocks to Buy to Combat Food Inflation
The highest inflation in decades is hitting consumers and rippling through the food industry, from farm equipment to packaged food, grocers, and restaurants. At-home food costs climbed 8.6% and out-of...
Food Costs Are Rising. Here Are the Stocks to Buy.
The highest inflation in decades is hitting consumers and rippling through the food industry, from farm equipment to packaged food, grocers, and restaurants. At-home food costs climbed 8.6% and out-of...
The 8 worst-performing S&P 500 stocks with the highest ratings are expected to rebound by more than 50% over the next year
Investors don’t need to be told that stocks have been volatile. There’s a market of extremes as Russia’s war in Ukraine continues and investors wait to see what the Federal Open Market Committee does ...
Russian Prosecutors Warn Western Companies of Arrests, Asset Seizures
Russian prosecutors have issued warnings to Western companies in Russia, threatening to arrest corporate leaders there who criticize the government or to seize assets of companies that withdraw from t...
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...
12 dividend stocks paying at least 3.5% that are well-suited for high inflation
Investors may have turned for a moment from Russia’s aggression in Ukraine to energy and supply shortages in the U.S. that are producing high inflation. With purchasing power crumbling, patient invest...
DraftKings Posts Higher Revenue but Expects Losses to Widen in 2022
Sports-betting company DraftKings Inc. posted higher revenue for the holiday quarter, but said it expects its adjusted loss to widen this year as it launches in new states like New York and Louisiana....
10 Real Estate Companies That Are Both Greener and More Profitable
ESG properties like the Hyatt Regency Maui Resort and Spa don’t get enough attention from green investors. Jeff Zaruba/Hyatt Text size The real-estate industry contributes 30% of global greenhou...
Nvidia, Walmart, Airbnb, Shopify, Marriott, and Other Stocks for Investors to Watch This Week
Text size Uncredited It’s another busy week of fourth-quarter earnings reports, with close to 60 S&P 500 components scheduled to present to investors. Advance Auto Parts and Vornado Realty Trust w...
3M, T. Rowe, and 7 More Companies That Raised Their Dividends This Week
Text size Dupont said it will increase its quarterly dividend by 10%. Mark Makela/Getty Images Interpublic Group of Companies, Kimco Realty, and DuPont de Nemours were among the larger U.S. companies ...
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...
6 Stocks to Play the New U.S. Economic Reopening
UPS was a Covid beneficiary—until it wasn’t. Now, it again looks like a reopening play. Mario Tama/Getty Images Text size Covid cases are falling and the economy is about to reopen—again. Playing it, ...
Facebook wasn’t Thursday’s only big loser — these 16 other Nasdaq-100 stocks dropped at least 5%
Thursday was brutal for technology stock investors, as the carnage spread far beyond the parent company of Facebook. Below is a list of the worst 20 performers among the Nasdaq-100 on Feb. 3., led by ...
Weekend reads: Robinhood’s bad news — and a bit of good news
It’s been a year since Robinhood Markets Inc. HOOD, +9.65% briefly suspended “buy” orders for GameStop Corp. GME, +4.69%, AMC Entertainment Holdings Inc. AMC, +3.72% and other meme stocks. The brokera...
Monday’s worst-performing stocks in the S&P 500 are down as much as 42% for 2022
Monday’s stock-market decline accelerated, and a closer look at the day’s worst performers highlighted painful double-digit year-to-date drops. The Dow Jones Industrial Average DJIA, -2.92% was down a...
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...
The bear-market selloff in Chipotle’s stock has created an ‘attractive’ buying opportunity, analyst says
The bear-market selloff in the shares of Chipotle Mexican Grill Inc. has created an “attractive entry point” for investors, and tempted Morgan Stanley analyst John Glass to make a “risk on” call on th...
Las Vegas Sands Stock Could See Better Luck Ahead
Text size These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the vi...
These S&P 500 stocks have cratered, but analysts think 12 can turn it around with rebounds of up to 70%
A period of high inflation and rising interest rates has taken out shares of companies with rich valuations. Then there’s the stubborn coronavirus, with variants raising infection rates and causing st...
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...
‘It put everyone in a weird position’: Our waitress said a 20% service fee was added to cover benefits and health insurance, but that it was not a tip. Is this normal?
I went to brunch last weekend and, when the server handed us the bill, she said a 20% service fee was added to cover her benefits and health insurance, but that it was not a tip. I am absolutely supp...