|Bid||195.27 x 800|
|Ask||195.55 x 1100|
|Day's range||194.11 - 195.74|
|52-week range||169.04 - 221.93|
|Beta (3Y monthly)||0.45|
|PE ratio (TTM)||25.64|
|Earnings date||28 Jan 2020 - 3 Feb 2020|
|Forward dividend & yield||5.00 (2.59%)|
|1y target est||221.31|
2019 has been a big year for fast-food chicken, with the "chicken wars" turning from mild to spicy. Will you be trying any of the fried chicken sandwich options?
The preliminary settlement resolves claims that the company used a timekeeping system that cheated workers out of overtime, barred workers from taking rest breaks during their shifts, and forced workers to clean and iron their uniforms out of pocket. It resolves claims by about 38,000 cashiers and cooks in California, and is the largest wage settlement against Chicago-based McDonald's in the United States, representatives for the plaintiffs said. The accord requires McDonald's to pay required overtime, track pay electronically, provide rest breaks during rather than at the start or end of shifts, and provide replacement work uniforms when old uniforms become damaged or worn out.
Luckin Coffee's stock has been on fire of late. Yahoo Finance speaks with Luckin Coffee CFO Reinout Schakel about the company's plans.
Yahoo Finance gives Conagra Brands' new plant-based Ultimate Burger a try. Here's our takeaway.
BOSTON, Nov. 14, 2019 -- Block & Leviton LLP (www.blockesq.com), a securities litigation firm representing investors and whistleblowers nationwide, is investigating whether.
McDonald’s workers stage a protest outside Downing Street in London. Photograph: Leon Neal/Getty ImagesJohn McDonnell has accused McDonald’s of failing to pay enough tax in Britain and demanded a wage rise for its workers and trade union rights to organise at its restaurants.Speaking at a protest arranged by striking McDonald’s workers outside Downing Street, the shadow chancellor said the US company was mistreating its UK workers and should raise their pay to £15 an hour and pay its fair share of tax.McDonnell told the Guardian: “They are one of those companies that makes large amounts of profits and then doesn’t pay their workers properly and don’t pay their taxes effectively. It’s one of the things we will clamp down on.“We are saying to McDonald’s: pay your workers a proper wage, treat them properly and actually also pay your taxes.”Workers from six of the chain’s restaurants were on strike to demand wages of at least £15 an hour, mirroring a US campaign for fast-food workers to earn $15 an hour. Significantly higher than the government minimum wage of £8.21 an hour for over-25s, the demand is also higher than Labour’s policy to raise the minimum wage to at least £10 an hour, including for younger workers. McDonnell said he supported the workers’ demand for £15 an hour at McDonald’s.John McDonnell joins a protest by striking McDonald’s workers at Downing Street. Photograph: Penelope Barritt/Rex/ShutterstockThe shadow chancellor said the US company’s executives were paid millions of pounds a year, while some UK workers lived a “poverty existence”, resorting to food banks and sofa surfing.McDonald’s allowed its outgoing chief executive, Steve Easterbrook, to keep stock awards worth more than $37m this month, as well as about $675,000 (£524,000) in severance pay, despite him being fired for having a consensual relationship with an employee.Filings with Companies House show McDonald’s paid £75m in UK corporation tax last year, up from £64.9m in 2017. It made pre-tax profits of £406.3m, up from £341m in 2017, despite a slide in sales of almost £80m to £1.5bn.Sign up to the daily Business Today email or follow Guardian Business on Twitter at @BusinessDeskThe EU ruled last year that an arrangement between McDonald’s and Luxembourg, which allowed the firm to pay almost no tax on franchise royalties in the EU and US, did not break Brussels’ laws.McDonald’s said as few as nine of about 130,000 of its employees in Britain were on strike. It did not respond to requests for comment about its tax affairs.A spokesperson said: “We are committed to investing in our workforce, listening to and doing what is right by them.”McDonald’s added that it complied with UK tax rules, saying: “We pay substantial amounts of corporation tax in the UK.”
The proposed class action lawsuit filed in a Michigan state court accused McDonald's of lacking policies to address sexual harassment, failing to train managers to prevent it, and retaliating against workers who complain. It said McDonald's "creates and permits a toxic work culture from the very top," citing last week's firing of Chief Executive Steve Easterbrook for having an improper consensual relationship with an employee.
A former McDonald's employee is suing the company and one of its Michigan franchisees over sexual harassment. On Tuesday, Jenna Ries filed a class-action lawsuit against the fast-food chain. The lawsuit comes on the heels of McDonald's firing its CEO last week for having a consensual relationship with an employee.
UEFA has announced a new food sector sponsor for the European Championship, replacing McDonald's which owned the slot since 1992. UEFA says food delivery platform Takeaway.com has signed for the Euro 2020 tournament. Until cutting short its longstanding IOC sponsorship in 2017, McDonald's was a presence at the major global sports events as a partner of the Olympic Games plus FIFA's World Cup and UEFA's Euro.
As equities look to continue their remarkable run but nothing has been set in stone regarding the trade war, dividend paying stocks may be a solid route to take as things progress.
Starbucks (SBUX) just debuted their highly-anticipated holiday cups for 2019, kicking off the holiday season for the coffee giant (and consumers).
A McDonald's burger allegedly bought in 1995 and kept in an Australian shed for years has never decomposed, according to two men who now refer to the quarter-century Quarter Pounder as their "mate". Casey Dean, 39, and Eduards Nits, 38, claim they ordered the Quarter Pounder with cheese from a McDonald's outlet in Adelaide as teenagers -- and have hung onto it ever since. The American chain closed its only three branches in Iceland during the island's financial crisis in 2009 and just before the restaurant's closure, Hjortur Smarason bought a menu for conservation.
Quite the week for McDonald's, headlined by a new CEO taking the helm. Here's why one investor is sticking with the stock.