Starbucks to buy the rest of Starbucks Japan
Starbucks is buying, well, Starbucks. Specifically: the remaining 60.5% of Starbucks Japan. After that, it will own all of the roughly 1,000-plus stores that employ more than 25,000 workers....
View ArticleWinner: Dave & Buster's IPO
Here’s a stock that’s got some game today: Dave & Buster’s. In its first day as a publicly traded company, the stock added almost a buck — nearly 6% — closing in on $17 in Friday morning...
View ArticleRestaurant stocks down but not out in meltdown
The early morning market meltdown on Wednesday took a bite out of major restaurant stocks in early trading, but did no serious damage. Industry titan McDonald’s was down .61% or 56 cents, to $90.54....
View ArticleFood and beverage stocks dinged
Amid continued stock market swings, food and beverage companies broadly took another hit on Thursday as the stock market’s downward spiral did not let up. Among the hardest hit was Tyson Foods, the...
View ArticleWill new marketing guru right Coke?
Maybe Coke’s problems can all be fixed with mirrors, paper clips, rubber bands — and a new marketing guru. Coca-Cola’s shares jumped more than 1% in morning trading after the soft drink behemoth...
View ArticleNew Big Cheese at Pizza Hut
Just days after one of the biggest pizza consumption days of the year — Halloween — Pizza Hut has named a new CEO. Yum Brands, parent to struggling Pizza Hut, says it has appointed David Gibbs, 51, a...
View ArticleUnder Armour shares gain punch with Ali signing
Muhammad Ali ( Authentic Brands Group) Under Armour (UA) shares jumped more than 1% on Wednesday after the company announced it was bringing boxing legend Muhammad Ali inside its celebrity house. Under...
View ArticleCoke's stock up as aging board members retire
Coca-Cola’s old guard is fading away — and Wall Street seems to approve. Coca-Cola stock closed up almost 1% on Wednesday when two of its older — and more familiar — board members announced plans to...
View ArticleSonic has supersonic day
Winter is usually the time of year when fast-food chains watch their businesses freeze. But Sonic, the nation’s largest chain of drive-in restaurants with more than 3,500 locations, seemed to have had...
View ArticleShake Shack's earnings disappoint
Shake Shack’s shares got shaken after hours Wednesday after the high-flying company missed fourth-quarter earnings expectations. The stock was down more than 6% after hours as the company reported a...
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