By admin Disney stock rose 9% Tuesday after the company reported a $3.4 billion net loss on sales of $4.9 billion for the year.Disney shares closed at $93.87, up $3 a share.The company also posted net income of $1.2 billion, or about $4 a share, on sales.Disney said the results were due to an $8.2 million net …
By admin 3M stock dropped 3.2% on Monday in after-hours trading, the biggest one-day drop in nearly a year.The stock was trading at $36.20, a drop of more than 40%.The company said it will focus on expanding its sales and service business, as well as adding jobs.The stock has lost nearly 30% since last year.Shares of 3M …
By admin A McDonald’s spokesperson told Axios the company would not comment on whether it planned to raise more money for the US.McDonald’s is the most profitable US company, with a market value of $8.3 trillion, according to Forbes.“The company is focused on growing its global footprint through acquisitions and investing in new restaurants and other initiatives …
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