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The Score: McDonald's, New York Community Bancorp, Walt Disney and More Stocks That Defined the Week.
- Source :
-
Wall Street Journal - Online Edition . 2/10/2024, pN.PAG-N.PAG. 1p. - Publication Year :
- 2024
-
Abstract
- Estée Lauder, a cosmetics giant, announced that it will lay off up to 5% of its staff, or up to 3,100 workers, due to falling profits. The company is facing lower demand in Asia, particularly in China. McDonald's shares declined by 3.7% due to the conflict in the Middle East, which has led to online criticism and boycotts against the company. Palantir Technologies, a data analytics firm, reported a record profit for 2023, driven by increased commercial demand for its AI products. New York Community Bancorp named Alessandro DiNello as executive chairman after reporting a fourth-quarter loss and downgrading its debt to junk. Finally, Disney announced partnerships with ESPN, Fox, and Warner Bros. Discovery to create a sports-streaming service, as well as investments in "Fortnite" and an exclusive Taylor Swift concert movie. [Extracted from the article]
- Subjects :
- *SKIN care products
*APPLICATION software
Subjects
Details
- Language :
- English
- Database :
- Academic Search Index
- Journal :
- Wall Street Journal - Online Edition
- Publication Type :
- News
- Accession number :
- 175416376