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Starbucks to close stores, lay off 900 as part of overhaul
Yahoo Finance· 2025-09-25 12:42
More cost-cutting is on the way to Starbucks. The coffeehouse chain plans to lay off 900 corporate workers and shut down an undisclosed number of stores across North America as part of its ongoing turnaround plan . The company announced the moves, which will cost about $1 billion for severance payments, lease exits and other store closure costs, in a message to employees Thursday. All corporate employees were asked to work from home for the remainder of the week, with layoff notifications set to occur on ...
Eastman Chemical Company (EMN) Reports Strategic Initiatives at Morgan Stanley’s 13th Annual Laguna Conference
Yahoo Finance· 2025-09-25 00:34
Eastman Chemical Company (NYSE:EMN) is one of the 11 Best Retirement Stocks to Buy According to Analysts. Eastman Chemical Company (EMN) Reports Strategic Initiatives at Morgan Stanley’s 13th Annual Laguna Conference On September 10, 2025, Eastman Chemical Company (NYSE:EMN) highlighted its strategic initiatives at Morgan Stanley’s 13th Annual Laguna Conference. This comes amid a challenging economic environment. Eastman Chemical Company (NYSE:EMN)’s CFO highlighted that the automotive segment beat expe ...
ADM to put US feed mills into joint venture as it cuts costs
Reuters· 2025-09-23 20:50
Archer-Daniels-Midland will put its 11 U.S. feed mills into a joint venture in which it holds a minority stake, the company said on Tuesday, as it seeks to reduce costs and simplify its portfolio. ...
Seres Therapeutics cuts 25% of workforce to extend cash runway into Q2 2026
Seeking Alpha· 2025-09-23 11:50
成本削减措施 - 公司计划削减运营成本并裁员约25% [1] - 相关措施与现有运营计划预计将现金跑道延长至2026年第二季度后段 [1]
Focus: Some PepsiCo investors cautious of Elliott's plan to spin out bottling
Reuters· 2025-09-23 10:13
Some investors in PepsiCo support suggestions by activist shareholder Elliott Investment Management that the global food and beverage company cut costs and ditch sleepy brands like Quaker, but sound more cautious about the hedge fund's boldest idea - to hive off the soda maker's bottling network. ...
Spirit Airlines to furlough 1,800 flight attendants to cut costs in bankruptcy
CNBC· 2025-09-22 16:42
A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport in Austin, Texas, on Feb. 12, 2024.Spirit Airlines is planning to furlough about 1,800 flight attendants, roughly a third of its cabin crew members, to cut costs as the budget airline struggles in its second bankruptcy in less than a year."As we work to return Spirit to profitability, we face difficult decisions about our network, our fleet, and ultimately our workforce," John Bendorait ...
Opendoor Is 'Total Garbage,' This Hedge Fund Manager Says: 'The Business Model Does Not Work' - Opendoor Technologies (NASDAQ:OPEN)
Benzinga· 2025-09-22 08:31
Hedge fund manager George Noble criticized iBuying platform Opendoor Technologies Inc. OPEN, which has seen a monumental 1,776% rally since hitting an all-time low in late June. The Business Model ‘Does Not Work’In a post on X, Noble, who has founded two billion-dollar hedge funds and was an assistant to famed investor Peter Lynch, called Opendoor “total garbage,” while warning investors against believing in its long-term viability. “The company has lost money every single year since its founding,” Noble sa ...
Income Investors Turn to Stanley Black & Decker (SWK) in Dividend Stocks to Buy Under $100
Yahoo Finance· 2025-09-20 00:55
Stanley Black & Decker, Inc. (NYSE:SWK) is included among the 13 Best High Dividend Stocks to Buy Under $100. Income Investors Turn to Stanley Black & Decker (SWK) in Dividend Stocks to Buy Under $100 Stanley Black & Decker, Inc. (NYSE:SWK) is an American manufacturer best known for its industrial tools, home hardware, and security solutions. The company is undergoing a meaningful transformation, having already achieved $1.7 billion of a planned $2 billion cost-cutting program. This effort has helped gro ...
FedEx shares rise as U.S. deliveries, cost cuts drive first-quarter results beat
Yahoo Finance· 2025-09-19 09:29
业绩表现 - 公司第一季度调整后利润同比增长2.2% [4] - 总日均包裹量增长4% 其中国内包裹受夏季假日需求推动 国际出口量下降3% [2] - 单件包裹收入提升2% [2] 股价与估值 - 财报发布后股价早盘涨幅达2% [1] - 公司远期市盈率为11.83倍 略低于竞争对手的12.04倍 [6] 成本控制措施 - 通过停飞飞机、关闭设施和合并业务单元等措施削减数十亿美元成本 [2] - 效率提升和严格成本控制抵消了关税导致的国际业务量下滑 [1][2] 业务发展驱动因素 - 亚马逊业务量增长、收益率提升及终止与美国邮政服务合作将成收入增长关键动力 [3] - 旺季业务量预计实现中高单位数增长 [3] - 终止与美国邮政服务二十年合作 该合同因高成本和低利润率长期拖累盈利 [3] 分析师观点 - 业绩超华尔街预期 主要受益于国内配送业务强劲和成本削减措施 [1][5] - 尽管面临全球贸易逆风 公司仍发布2026财年指引 但略低于市场预期 [4][5]
Is Opendoor Technologies Stock a Buy Below $10?
The Motley Fool· 2025-09-19 07:24
The numbers tell the story with this surging real estate disruptor.The stock market is soaring, and the online meme-trading armies are back in style. One stock leading the charge is Opendoor Technologies (OPEN -2.64%), a real estate platform that went public in 2020. The stock was down over 95% from all-time highs before large investors and individual traders began purchasing shares en masse last quarter.Opendoor is now up around 500% year to date and more than 10 times its lows in June. However, with a mar ...