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Wall Street Extends Gains: Tech Rally Continues Amid Fed Optimism and Key Corporate Moves
Stock Market News· 2025-09-19 18:07
The U.S. stock market continued its upward trajectory this Friday afternoon, September 19, 2025, with major indexes extending their recent record-setting streaks. Investors are buoyed by lingering optimism surrounding the Federal Reserve's recent interest rate cut and a robust performance from the technology sector. Afternoon trading saw a mixed but generally positive sentiment, as market participants digested fresh corporate news and looked ahead to upcoming economic data. Today also marks "Quadruple Witch ...
Cracker Barrel plans to close 14 Maple Street locations
Yahoo Finance· 2025-09-19 17:28
You can find original article here Nrn. Subscribe to our free daily Nrn newsletter. Perhaps lost amid all the Cracker Barrel drama surrounding its revoked rebranding and remodeling efforts is the expected closure of 14 Maple Street Biscuit Company locations in fiscal year 2026. This is a shift from earlier this year, when executives anticipated four new Maple Street units for fiscal 2025. Early last year, the company forecasted nine to 11 new stores, but pulled back in Q3 2024, a few months after Julie F ...
Steak 'n Shake owner's fight to remove Cracker Barrel CEO just intensified
Fox Business· 2025-09-19 17:11
The owner of Steak ‘n Shake is trying to pressure Cracker Barrel’s board into overhauling its leadership, which they claim destroyed shareholder value. Sardar Biglari, founder of Biglari Capital Corporation, which owns 2.9% of all the Cracker Barrel Old Country Store's common stock, is leading a proxy battle at Cracker Barrel, urging shareholders to vote against the re-election of CEO Julie Masino and director and Compensation Committee Chair Gilbert Dávila, according to a securities filing on Thursday.Big ...
Sardar Biglari wants Cracker Barrel CEO out
Yahoo Finance· 2025-09-19 11:04
公司战略与品牌管理 - 公司因移除Uncle Hershel形象和现代农舍风格改造而面临消费者批评 被指偏离品牌传统并疏远忠诚客户[3][6] - 投资机构Biglari Capital指责管理层策略考虑不周 称品牌刷新是本世纪最严重的品牌失误之一[3] - 公司第四财季同店销售额增长5.4% 通过重新推出顾客喜爱的菜品和新菜单项实现增长[5] 公司治理与股东行动 - 持有约3%股份的Biglari Capital要求罢免CEO Julie Masino和薪酬委员会主席Gilbert Dávila[6] - 投资机构在纳什维尔设立广告牌使用新logo并标注"解雇CEO" 作为罢免运动的一部分[4] - Sardar Biglari过去14年曾八次挑战公司治理策略 最近一次在11月失败[6] 运营表现与展望 - 公司在劳动力和培训方面的投资降低了员工流动率并提高了食品质量[5] - 管理层预计2026财年客流量将下降 自8月19日因logo争议导致客流量已下降8%[5]
Wall Street Breakfast Podcast: FedEx Delivers Earnings Surprise
Seeking Alpha· 2025-09-19 10:29
gk-6mt/iStock Editorial via Getty Images Listen below or on the go on Apple Podcasts and Spotify FedEx (FDX) rallies after topping profit expectations, updating on business split; UPS also higher. (00:22) Activist investor Biglari targets Cracker Barrel (CBRL) CEO in eighth proxy fight. (01:40) Novo Nordisk (NVO) reduces its U.S. sales team for obesity and diabetes education: Reuters. (03:03) This is an abridged transcript. FedEx Corporation (NYSE:FDX) is up 5% in premarket action after topping expec ...
Jim Cramer Highlights Cracker Barrel’s Misstep and Market Reaction
Yahoo Finance· 2025-09-19 03:52
Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) is one of the stocks on Jim Cramer’s radar. While Cramer highlighted the backlash the company faced on its now-retracted decision to change its logo, he was hopeful that the company could turn it around. “Wednesday’s got a little stock drama going for it as Cracker Barrel reports… I’m talking about a situation that’s in flux. CEO Julie Masino, we’ve had her on. I think she’s terrific. She had this thing rocking. What a turn. And she decided to redo the ...
Wall Street Soars to New Records as Tech Giants Forge Alliance Amidst Fed’s Continued Easing
Stock Market News· 2025-09-18 21:07
The U.S. stock market surged to new all-time highs on Thursday, September 18, 2025, driven by a powerful rally in technology stocks and continued optimism following the Federal Reserve's recent interest rate cut. All three major indexes – the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average – closed at record levels, marking a robust day for investors. The positive sentiment was largely fueled by a significant partnership in the semiconductor industry and a series of economic reports that painted ...
Cracker Barrel's recovery may be ‘protracted,' as younger diners stay away, analysts say
MarketWatch· 2025-09-18 20:46
'We see risk that efforts to evolve the brand have been stymied, at least temporarily,' BofA says, as restaurant chain deals with rebranding fallout ...
Cracker Barrel facing aggressive proxy battle from Steak ‘n Shake owner
New York Post· 2025-09-18 20:44
Cracker Barrel is under siege by an activist investor who smells blood after the country restaurant chain’s logo fiasco.The owner of Steak ‘n Shake, Sardar Biglari, is contesting the re-election of Cracker Barrel chief executive Julie Felss Masino and director Gilbert Davila to the company’s board, according to a securities filing on Thursday.It’s Biglari’s eighth attempt to win a seat on Cracker Barrel’s board. He first invested in the company in 2011 and now owns nearly 3% of the company’s stock. 4 Sard ...
Stocks Climb on Hopes of Additional Fed Easing
Nasdaq· 2025-09-18 20:38
The S&P 500 Index ($SPX) (SPY) today is up +0.35%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.03%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.70%. September E-mini S&P futures (ESU25) are up +0.23%, and September E-mini Nasdaq futures (NQU25) are up +0.58%. Stock indexes are moving higher today, with the S&P 500 and Nasdaq 100 posting new record highs. The prospects for additional Fed easing are lifting stocks today on speculation the Fed will tilt toward supporting the labor market, desp ...