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Reuters - 1 uur geleden

Evercore warns on tough US, China trends for fast-food chains, cuts PTs

BUZZ-Evercore warns on tough US, China trends for fast-food chains, cuts PTs ** Brokerage Evercore ISI cuts PTs on fast-food restaurants Yum Brands YUM.N , Starbucks SBUX.O and McDonald's MCD.N on softer sales growth trends through Q2 ** Disparity between food inflation at home and away from home is likely an additional drag, especially when consumer sentiment is low or dropping - brokerage ** Yum PT slashed to $145 from $160, MCD to $300 from $330 and SBUX to $80 from $92 ** YUM shares fall ~1%
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Reuters - 19 uur geleden

Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Charter Communications Inc CHTR.OQ +4.1% Baker Hughes Co BKR.OQ +4% Fastenal Co FAST.OQ +3.9% Diamondback Energy Inc FANG.OQ +3.7% Paychex Inc PAYX.OQ +2.7% Bottom Performers Percent Change Dollar Tree Inc DLTR.OQ -3.4% Biogen Inc BIIB.OQ -3.4% PDD Holdings Inc PDD.OQ -2.8% Lululemon Athletica Inc LULU.OQ -2.7% Starbucks Corp SBUX.OQ -2.5% The Nasdaq 100 .NDX gained 39.49 points,
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Reuters - 1 dag geleden

Trump Media, gun stocks surge after assassination attempt

UPDATE 5-Trump Media, gun stocks surge after assassination attempt Updates price moves, adds details on Trump's pick for vice president, paragraphs 10-11 Trump's survival of assassination attempt boosts his lead over Biden in betting odds Shares of gun stocks, private prison operators surge on expectations of Trump victory Clean-energy stocks fall on potential reversal of climate policies By Medha Singh, Noel Randewich July 15 (Reuters) - Crypto stocks, gun stocks and shares of other companies t
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Reuters - 6 dagen geleden

Column: US appeals court rejects lenient test for asset freezes in SEC enforcement actions

Column: US appeals court rejects lenient test for asset freezes in SEC enforcement actions The opinions expressed here are those of the author, a columnist for Reuters. By Alison Frankel July 10 (Reuters) - A U.S. appeals court has just deepened a split among the federal circuits on the proper test for asset freezes in cases brought by the U.S. Securities and Exchange Commission.
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Reuters - 2 weken geleden

Brazil's Zamp proposes capital increase of up to $82.4 million

UPDATE 1-Brazil's Zamp proposes capital increase of up to $82.4 million Adds details of the deal in paragraphs 2-6 SAO PAULO, July 5 (Reuters) - Brazilian restaurant chain operator Zamp ZAMP3.SA proposed to shareholders a private capital increase of up to 450 million reais ($82.4 million) through the issuance of new shares , according to a securities filing on Friday.
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Reuters - 2 weken geleden

Lawyer behind hundreds of US food labeling cases hit with fraud ruling

Lawyer behind hundreds of US food labeling cases hit with fraud ruling By David Thomas July 5 (Reuters) - An attorney known for filing hundreds of food and beverage labeling lawsuits was sanctioned this week by a federal judge in Florida who said the lawyer "engaged in a concerted effort to defraud this court and likely many, many others." Spencer Sheehan must pay a still-to-be-determined amount to cover attorney fees and costs incurred by retailer Big Lots, whom Sheehan and his client accused o
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Reuters - 2 weken geleden

Trump Media's stock climbs after Supreme Court immunity ruling

BUZZ-Trump Media's stock climbs after Supreme Court immunity ruling ** Shares of Trump Media & Technology Group DJT.O , majority owned by former President Donald Trump, rallying nearly 3% on Mon after a Supreme Court ruling that may favor his chances of winning the November presidential election ** U.S. Supreme Court found Trump cannot be prosecuted for official actions taken as president, but can for private acts ** With Trump's case sent back to lower courts for further review, Special Counsel
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Reuters - 3 weken geleden

Mubadala-backed Zamp considers opportunity to operate Subway brand in Brazil

UPDATE 1-Mubadala-backed Zamp considers opportunity to operate Subway brand in Brazil Recasts with Zamp securities filing SAO PAULO, June 28 (Reuters) - Brazilian restaurant chain operator Zamp ZAMP3.SA said on Friday in a securities filing that it is considering an opportunity to develop the Subway restaurant brand in Brazil. Local newspaper O Globo had reported earlier on Friday that Zamp was in advanced talks to buy the rights to operate the Subway brand.
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Reuters - 3 weken geleden

Milan bourse chair defends Euronext deal as strike looms

Milan bourse chair defends Euronext deal as strike looms MILAN, June 24 (Reuters) - The chair of the Milan stock exchange on Monday defended the way it has been run by owner Euronext ENX.PA after unions called a historic strike for later this week. Italian banking unions have accused Euronext, which also operates stock markets in Paris, Amsterdam, Brussels, Dublin, Lisbon and Oslo of "constant, systematic and overall disinvestment from Italy" and said they feared job cuts.
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Reuters - 4 weken geleden

BlackRock will not take part in Malaysia Airports privatisation, GIP says

BlackRock will not take part in Malaysia Airports privatisation, GIP says KUALA LUMPUR, June 21 (Reuters) - Global Infrastructure Partners (GIP) said its buyer BlackRock BLK.N will not be involved in privatising Malaysia Airports after criticism in Muslim-majority Malaysia over the U.S. firm's alleged ties to Israel. GIP, Malaysian sovereign wealth fund Khazanah Nasional and others are part of a consortium that has offered to take over Malaysia Airport (MAHB) MAHB.KL in a privatisation deal that
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Reuters - 4 weken geleden

Starbucks - Approved A Quarterly Cash Dividend Of $0.57 Per Share Of Outstanding Common Stock

BRIEF-Starbucks - Approved A Quarterly Cash Dividend Of $0.57 Per Share Of Outstanding Common Stock Starbucks Corp SBUX.O : STARBUCKS - APPROVED A QUARTERLY CASH DIVIDEND OF $0.57 PER SHARE OF OUTSTANDING COMMON STOCK Source text for Eikon: ID:nBw8C0qS0a Further company coverage: SBUX.O
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Reuters - 4 weken geleden

Olive Garden-owner Darden beats estimates for quarterly profit

Olive Garden-owner Darden beats estimates for quarterly profit June 20 - Darden Restaurants DRI.N beat market expectations for fourth-quarter profit on Thursday, as higher menu prices and lower wages more than offset rising costs of meat and cooking ingredients, sending its shares up 3% in premarket trading. The Orlando, Florida-based company said menu prices were steadily pushed up to soften the blow of sticky inflation, while its high-end chains, Olive Garden and LongHorn Steakhouse, continued
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Reuters - 4 weken geleden

Brazil's Zamp inks agreements to explore Starbucks trademark

Brazil's Zamp inks agreements to explore Starbucks trademark SAO PAULO, June 18 (Reuters) - Brazilian restaurant chain operator Zamp ZAMP3.SA said on Tuesday in a securities filing it signed contracts with Starbucks Corporation SBUX.O "to explore the brand and develop" its operations in Brazil. Zamp had agreed earlier this month to buy from local firm SouthRock the rights to operate the Starbucks brand and some stores in Latin America's largest economy.
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Reuters - 4 weken geleden

Starbucks Marriott Bonvoy & Co Collaborate To Offer U.S. Loyalty Program Members Opportunity To Earn Stars Toward Free Beverages, Food & More

BRIEF-Starbucks Marriott Bonvoy & Co Collaborate To Offer U.S. Loyalty Program Members Opportunity To Earn Stars Toward Free Beverages, Food & More June 18 (Reuters) - STARBUCKS: STARBUCKS: MARRIOTT BONVOY & CO COLLABORATE TO OFFER U.S. LOYALTY PROGRAM MEMBERS OPPORTUNITY TO EARN STARS TOWARD FREE BEVERAGES, FOOD & MORE
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Reuters - 1 maand geleden

Brazil's Zamp CEO to leave position in late June

UPDATE 1-Brazil's Zamp CEO to leave position in late June Adds details, context in paragraphs 2-6 SAO PAULO, June 14 (Reuters) - The chief executive of Zamp ZAMP3.SA , which operates Burger King restaurants in Brazil, Ariel Grunkraut, will leave his position on June 28, the firm said in a securities filing on Friday. Grunkraut was one of the founding partners who established Zamp in 2011, and led the sales, marketing and technology departments before he took on the CEO role two years ago.
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Reuters - 1 maand geleden

Coca-Cola, Starbucks file to extend trademarks in Russia, newspaper reports

UPDATE 1-Coca-Cola, Starbucks file to extend trademarks in Russia, newspaper reports Adds Starbucks comment in paragraph 5 June 14 (Reuters) - Coca-Cola KO.N and Starbucks SBUX.O have applied to re-register their trademarks in Russia to protect their intellectual property rights after exiting in response to Moscow's invasion of Ukraine in 2022, domestic business newspaper Vedomosti reported.
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Reuters - 1 maand geleden

Coca-Cola, Starbucks file to extend trademarks in Russia, newspaper reports

Coca-Cola, Starbucks file to extend trademarks in Russia, newspaper reports June 14 (Reuters) - Coca-Cola KO.N and Starbucks SBUX.O have applied to re-register their trademarks in Russia to protect their intellectual property rights after exiting in response to Moscow's invasion of Ukraine in 2022 , domestic business newspaper Vedomosti reported. Coca-Cola filed three trademark applications in April, Vedomosti said, citing documents on the website of Russian intellectual property agency Rospaten
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Reuters - 1 maand geleden

New York Times business news - June 14

PRESS DIGEST- New York Times business news - June 14 June 14 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. - Tesla TSLA.O shareholders have reaffirmed a pay award of more than $45 billion for Elon Musk, the chief executive, after it was thrown out in a legal challenge.
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Reuters - 1 maand geleden

US Supreme Court backs Starbucks over fired pro-union workers

UPDATE 3-US Supreme Court backs Starbucks over fired pro-union workers Adds statement from Starbucks, paragraphs 10-11 By Andrew Chung June 13 (Reuters) - The U.S. Supreme Court sided on Thursday with Starbucks SBUX.O in the coffee chain's challenge to a judicial order to rehire seven Memphis employees fired as they sought to unionize in a ruling that could make it harder for courts to quickly halt labor practices contested as unfair under federal law.
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Reuters - 1 maand geleden

US Supreme Court backs Starbucks over fired pro-union workers

US Supreme Court backs Starbucks over fired pro-union workers By Andrew Chung June 13 (Reuters) - The U.S. Supreme Court sided on Thursday with Starbucks SBUX.O in the coffee chain's challenge to a judicial order to rehire seven Memphis employees fired as they sought to unionize in a ruling that could make it harder for courts to quickly halt labor practices contested as unfair under federal law.
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