Starbucks Will Not Be Accepting Bitcoin (BTC) After All
On Friday, news hit the airwaves about Starbucks (NASDAQ:SBUX) teaming up with Microsoft and the Intercontinental Exchange (ICE) to create Bakkt. ICE owns the New York Stock Exchange, and the platform made its formal announcement ... [Read]
Chipotle’s Q2 Earnings Report Boosts Stock Temporarily
Four days ago, the Chipotle earnings report released for the second quarter of 2018. The financial report gave the restaurant chain’s stock a temporary boost, but it has since corrected and is currently trading in the ... [Read]
John Schnatter Just Sued Papa John’s Over a Possible ‘Coup’
After following the Papa John’s case since last December, I’ve seen a lot of headlines. One headline that I didn’t expect to see (at least, not for a while) was that of John Schnatter sues ... [Read]
Dividend King McDonald’s Corp is Likely to Enhance Shareholders Returns
McDonald’s Corp (NYSE:MCD) has a long dividend growth history, making it a perfect stock for defensive investors. The dividend king Mcdonald’s Corp has increased its quarterly dividends in the last 41 consecutive years, thanks to its ... [Read]
Papa John’s Founder Resigns as Board Chairman, Stock Climbs
Papa John’s Founder Resigns: It just goes to show that, no matter how successful, loved, and respected you are, racism will get you nowhere. We saw it with Roseanne Barr, and now we’re seeing it (again) ... [Read]
Starbucks Corp Indicates Higher Cash Returns, But Analysts See Limited Share Price Upside
Starbucks Corp (NASDAQ:SBUX) shares have extended the downtrend despite its strategy of offering higher returns to investors. The company recently announced to increase its quarterly dividend by 20% to $0.36 a share, yielding around 2.5%. ... [Read]
Starbucks to Close 150 Stores in 2019
Starbucks closing stores: American coffee retailer Starbucks (NASDAQ:SBUX) has announced that it will be closing nearly 150 US stores in fiscal 2019. Starbucks Closing Stores The move is one of several strategies that the company ... [Read]
McDonald’s Says No to Banning Plastic Straws
A proposal to ban plastic straws at all restaurants was denied by the majority of McDonald’s (NYSE:MCD) shareholders on Thursday. Despite the proposal being backed by a consumer group, the proposal only received 7.65% of the ... [Read]
Jack in the Box Reports Not So Stellar Results for Q2 – Shares Dive
Shares of the popular US-based restaurant chain Jack in the Box (NASDAQ:JACK) took a dive on Thursday after the company released its second-quarter financial results for fiscal 2018. Earnings from the company’s continued operations, stood ... [Read]
Nestlé Enters into $7 Billion Agreement With Starbucks
Starbucks Corp. (NASDAQ:SBUX) and Nestlé S.A. (SWISS:NESN.VX) have announced that they will be entering into an agreement where Nestlé will receive the rights to market, distribute and sell Starbucks brand products. These products include Starbucks ... [Read]