McDonald’s Corp dismissed Chief Executive Steve Easterbrook over a recent consensual relationship with an employee, which the board determined violated company policy, the fast-food giant said on Sunday.
Under Armour Inc is under investigation by U.S. federal law enforcement officials over whether the sportswear maker shifted sales from quarter to quarter to appear financially healthier, the Wall Street Journal reported on Sunday.
Under Armour Inc is under investigation by U.S. federal law enforcement officials over whether the sportswear maker shifted sales from quarter to quarter to appear financially healthier, the Wall Street Journal reported on Sunday. The Baltimore-based company confirmed that it is under investigation and is cooperating with the Justice Department and U.S. Securities and Exchange Commission. It also defended its accounting practices and disclosures. …read more […]
(Bloomberg) — Stocks edged higher in Asia and American equity futures advanced amid optimism China and the U.S. are moving closer to an interim trade deal. Australian bond yields climbed.Shares rose in Sydney and Seoul, though a capital raising at one of Australia’s largest banks capped the positive sentiment. Contracts on the S&P 500 edged up after the index rose 1% on Friday to a fresh all-time high when data showed the economy added more jobs than forecast. South Africa’s rand advanced after the country clung on to its investment-grade credit rating. Markets are shut in Tokyo, so Japanese equities …read more […]
(Bloomberg) — It’s the day so many ordinary Saudis have eagerly awaited.The sale of shares in their national oil giant, Aramco, has been three years in the making and fraught with delays. The buzz in Riyadh is now not if, but when people can own a piece of the most profitable company on the planet. Provided, of course, they have the money.“We knew it was a matter of time, so all the talk in the office was everybody save up, have some cash ready to go,” said Nosaibah Alrajhi, 30, who founded and runs a financial services company. “I have …read more […]
Under Armour Inc is being probed by U.S. federal law enforcement officials, examining whether the sportswear maker shifted sales from quarter to quarter to appear healthier, the Wall Street Journal reported on Sunday.
(Bloomberg) — Fitbit Inc., soon to be acquired by Google, says it’s shifting manufacturing operations out of China for its health trackers and smartwatches to avoid U.S. tariffs. But until then, it wants relief from President Donald Trump’s duties.The smartwatch maker has filed a request for an exclusion on the 15% duty that took effect Sept. 1 on its wrist-wearable communications devices, saying that while its goal is to eliminate the use of Chinese manufacturers, it “respectfully requests” a tariff waiver for its smartwatches and fitness trackers now imported from China.The duties will allow Chinese firms such as Huawei Technologies …read more […]
Q3 2019 MEDNAX Inc Earnings Call …read more […]
McDonald’s CEO Steve Easterbrook has been ousted after an inappropriate relationship with an employee. Here’s what we know about the new guy atop the Golden Arches. …read more […]
The largest insider buys this week were in American Airlines, Eli Lilly, Keurig Dr Pepper and Ford Continue reading… …read more […]
Easterbrook violated company policy, the fast-food giant said. …read more […]
Q3 2019 Arbor Realty Trust Inc Earnings Call …read more […]
Q3 2019 B. Riley Financial Inc Earnings Call …read more […]
Q3 2019 MobileIron Inc Earnings Call …read more […]
The Committee for a Responsible Federal Budget (CRFB) released its analysis on legitimate sources to finance a hypothetical Medicare for All program, with costs projected to tally up to $30 trillion over a decade (similar to projections from the Urban Institute). …read more […]
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