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Marketing

MCD

McDonald's Corporation (NYSE:MCD) is launching a new restaurant concept called CosMc's, focusing on to-go dining and iced drinks without traditional fries and burgers. The first location will open in a Chicago suburb with four drive-through lanes and no dining area. CosMc's aims to tap into the specialty beverages and coffee market, leveraging a revived orange alien mascot from past advertisements. McDonald's plans to open approximately ten more locations in Texas by next year. The move follows strong Q2 financial results, with sales up 14% year-over-year to $6.5 billion.

Portfolio Pulse from Benzinga Neuro

December 07, 2023 | 9:24 am

MAR

Marriott International has reached a significant milestone with the opening of its 500th luxury hotel, The St. Regis Riyadh. Tina Edmundson, President of Luxury at Marriott, highlighted the company's commitment to providing exclusive destinations and exceptional guest experiences, setting the standard for future luxury travel.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 6:37 am

TTWO

The trailer for Grand Theft Auto 6 (GTA 6) by Take-Two Interactive Software Inc's Rockstar Games has broken records by reaching 108 million views in less than 48 hours, surpassing the views of its predecessor's reveal trailer. The trailer, which leaked a day early, features the game set in Vice City and introduces dual protagonists, Jason and Lucia. It has outperformed other major game trailers and set a new 24-hour YouTube record for video game reveals. However, PC players are disappointed due to the lack of a confirmed release for their platform, and the leak caused frustration within Rockstar and the gaming community.

Portfolio Pulse from Franca Quarneti

December 06, 2023 | 11:42 pm

PTON

VZ

Leslie Berland has resigned from her position as Chief Marketing Officer at Peloton Interactive, effective December 31, 2023, according to a filing. The Wall Street Journal reported that Berland has been hired as the new Chief Marketing Officer for Verizon Communications.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 9:58 pm

SBUX

Starbucks Corp (NASDAQ:SBUX) ended a 13-day losing streak, its longest since 1992, with a slight uptick in stock price. The decline was attributed to a 'material decline' in November sales, as noted by JPMorgan Chase analysts, amid boycotts over the company's alleged support of Israel in its conflict with Palestine. The boycotts were fueled by a statement from the Starbucks Union supporting Palestine and a subsequent lawsuit by Starbucks against the union. The hashtag #boycottStarbucks has over 50 million views on TikTok. Additionally, the Starbucks Workers United union organized a walkout during a major promotion. Starbucks' market cap has dropped by over $10 billion, with the stock down over 10% since Nov. 17.

Portfolio Pulse from Aaron Bry

December 06, 2023 | 9:53 pm

TTWO

The release of Take-Two Interactive Software Inc's (NASDAQ:TTWO) GTA 6 trailer has sparked fan theories about the game's plot, particularly due to the inclusion of Tom Petty's song 'Love Is A Long Road.' Fans are connecting the song's lyrics to the game's narrative and speculating about in-game locations. The trailer features a modern-day Vice City and introduces characters Lucia and Jason. Despite no official PC version announcement, there is high anticipation for the game's release on PlayStation 5 and Xbox Series X | S in 2025.

Portfolio Pulse from Franca Quarneti

December 06, 2023 | 9:34 pm

EGRX

Eagle Pharmaceuticals, Inc. will present an abstract on a post-hoc analysis of Amisulpride for PONV at the 77th PGA in NYC. The analysis shows that Barhemsys, an FDA-approved antiemetic, significantly reduces nausea in PONV patients. A unique J-code for Barhemsys will be effective from January 1, 2024.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 9:29 pm

FSR

Fisker's Chairman and CEO Henrik Fisker has stated that negative reports about the company are 'overblown' and expressed confidence in the company's daily progress and long-term opportunities.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 9:25 pm

HPCO

Hempacco has entered into an exclusive master distribution agreement with CBDAY Global, granting CBDAY the exclusive rights to sell Hempacco's line of CBD products in India and Thailand.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 9:13 pm

MCD

McDonald's CEO has identified specialty beverages and coffee as an area of opportunity for the company, signaling a potential focus on expanding their offerings in this segment.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 8:45 pm