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McDonald’s shares plunge on investor panic over E. coli outbreak

McDonald's stock fell as much as 6% Wednesday following an E. coli outbreak linked to the Golden Arches' famous Quarter Pounder burger that sickened about 50 people and killed one. Shares of the world's largest hamburger chain fell from $314.70 per share at Tuesday's close to $299.61 per share by late Wednesday morning. “This public […]

Billionaire investor says market is 'very convinced' of Trump victory

Billionaire investor Stanley Druckenmiller said Wednesday that the market is “very confident” that former President Trump will win the election. “I have to say that over the past 12 days, the market and the markets inside are very confident that Trump will win,” Druckenmiller said. said in an interview Co-starred with the same station's Sonali […]

Activist investor Elliott takes Southwest fight to shareholders, nominates eight directors

Elliott Investment Management is calling for a special stockholder meeting to take the fight to Southwest Airlines to investors and vote on new director candidates who will ultimately steer the company's strategy. Elliott has taken the highly unusual step of convening the meeting, which it has been telegraphing for weeks after concluding that the airline's […]

US dividend ETFs bask in investor attention after jumbo Fed rate cut – Yahoo Finance

Written by Suzanne McGee (Reuters) – Flows into U.S. exchange-traded funds (ETFs) that invest in high-dividend stocks have surged since the Federal Reserve began its rate-cutting cycle last month, but U.S. Treasury yields have The rise in dividends could slow down the flood of dividends. Investor's funds. The group of 135 U.S. dividend ETFs tracked […]

Investor hopes high for bigger interest rate cut, sending Dow near all-time high

The Dow Jones Industrial Average was nearing an all-time high as expectations of a big interest rate cut by the Federal Reserve next week suddenly rekindled. Stock and bond traders on Friday grew increasingly believing the Fed could cut interest rates by 50 basis points (half a percentage point) after The Wall Street Journal reported […]