Cosmea Financial Holdings (CFH) has been granted approval by the Securities and Exchange Board of India (Sebi) to sponsor a mutual fund. The firm, which submitted its application in May last year, now has a six-month window to complete the necessary registration formalities as per the Securities and Exchange Board of India (Mutual Funds) Regulations,…
Tesla set two records in 2024. One of them wasn't good.
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Arcos Dorados Holdings Inc. (NYSE:ARCO) saw its shares rise on Thursday following the announcement of a renewed Master Franchise Agreement with McDonald’s Corporation (NYSE:MCD). The new 20-year MFA, effective January 1, replaces the previous agreement and includes an option for renewal at McDonald’s discretion for another 20 years, beginning January 1, 2045. The updated agreement includes a royalty fee structure based on gross sales: 6.0% for the first ten years, 6.25% for the next five years,
Acuity Brands, Inc. (NYSE:AYI) will release earnings results for its first quarter, before the opening bell on Thursday, Jan. 9. Analysts expect the Atlanta-based company to report quarterly earnings at $3.87 per share, up from $3.72 per share in the year-ago period. Acuity Brands projects to report quarterly revenue at $956.32 million, compared to $934.7 million a year earlier, according to data from Benzinga Pro. With the recent buzz around Acuity Brands, some investors may be eyeing potential
Despite a lack of any real news, Unity Software (U) is up by 17% in pre-market trading on Thursday. It appears to be a result of the latest tweet from Keith Gill, an investor who also goes by “Roaring Kitty.”
Starbucks stock could come alive as 2025 moves along, one Wall Street restaurant analyst contends.
China’s stock market has suffered its worst start to a year in nearly a decade, as investors brace for Donald Trump to impose tariffs on the world’s second-largest economy.