Starbucks (SBUX) stock receives late-day gains Friday after the Wall Street Journal reported activist investor Elliott Management has taken a stake in the...
hereThat's after a report from the Wall Street Journal that Elliot management has taken a big stake in the coffee chain.The journal reporting, the activist is privately seeking ways to boost the share price.
The shares are down some 18% year to date even with this little bump up that we're seeing here today, Josh.I mean, remember when Starbucks reported in the spring in April, you saw weaker than expected quarterly profit and sales cut their their outlook.Starbucks does have results on tap Q three is coming on July 30th.
Um And the stock has fallen a lot since he uh ceded the reins to Lockman Narasimhan uh back in March of last year.Netflix is canceling its $11.99 monthly basic subscription for streaming without ads. Subscribers will need to opt for another option.The Bank of Canada will cut its overnight interest rate on Wednesday by 25 basis points to 4.50% amid expectations that inflation will continue to fall, according to a large majority of economists polled by Reuters.
These two Canadian stocks offer ample opportunities as the world shifts into not just AI but cybersecurity needs. The post 2 Canadian Stocks to Watch While They’re Still Dirt Cheap appeared first on The Motley Fool Canada.Here's why Brookfield Infrastructure is one of the best TSX stocks to buy today and hold for decades to come. The post 5.2% Dividend Yield! I’m Buying This TSX Stock and Holding for Decades appeared first on The Motley Fool Canada.These dividend stocks still look cheap.
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