Investors should note that insider sales do not necessarily indicate negative prospects for a company. However, they can provide some insight into the sentiment of insiders. Here’s a look at some recent notable insider sales:
Results for: McDonald's
In a bizarre incident, Scott Goulding, 24, broke into a McDonald’s restaurant in Mansfield, Nottinghamshire, and stole a bag of food. CCTV footage captured Goulding entering the restaurant through a smashed window and fleeing with the loot. Two days later, Goulding was arrested for arson after setting fire to a flat in the same area. He was sentenced to three years and four months in prison after pleading guilty to both offenses.
McDonald’s Indonesia is offering a wedding catering package that includes 100 McChickens, 100 boxes of nuggets, or 100 Big Macs for approximately $267. The package is currently only available in Jakarta, but it has the potential to become a reality for fast food lovers in other countries. McDonald’s has a history of offering wedding catering services, with Hong Kong introducing a deluxe package in 2014 that cost approximately USD$1,243. While there is no word on whether or not McDonald’s plans to expand its catering services to the US, In-N-Out Burger offers a similar service on the West Coast with its Cookout Trucks.
A 15-year-old McDonald’s employee in St. Louis County, Missouri, named Aryiah Lynch, sustained a fractured skull and other severe injuries after she was attacked by an upset customer, 25-year-old Johnny Ricks. The incident occurred while Lynch was working at the fast food restaurant and Ricks allegedly became enraged over a broken electronic menu board. Lynch and her colleagues attempted to escort Ricks and his group outside, but a physical altercation ensued. Ricks allegedly dragged Lynch by her hair and stomped her head on the ground, leaving her with a concussion and other injuries. Despite undergoing successful surgery, Lynch faces a lengthy and difficult recovery process. Ricks was arrested and charged with second-degree assault and property damage, and is being held on a $150,000 bond. This incident has sparked outrage and sympathy for the young victim, highlighting the growing concerns regarding workplace violence.
As the markets navigate economic uncertainty, investors are seeking defensive stocks for safety and growth potential. Among the 30 prominent companies listed in the Dow Jones Industrial Average, seven stand out as particularly well-positioned for the current market environment:
1. **Amazon (AMZN)**: With its dominance in e-commerce, cloud computing (AWS), and grocery retail (Amazon Fresh, Whole Foods), Amazon continues to be a strong investment choice.
2. **Visa (V)**: As credit card usage and debt soar to record highs, Visa, the world’s most widely accepted credit card, benefits from the surge in consumption.
3. **Microsoft (MSFT)**: Despite recent market volatility, Microsoft remains a well-positioned tech giant with strong growth in cloud computing and artificial intelligence (AI).
4. **Chevron (CVX)**: The recent decline in oil prices creates an opportunity for investors, as strong demand in the Middle East is expected to support Chevron’s performance.
5. **Coca-Cola (KO)**: As a classic defensive stock, Coca-Cola benefits from steady demand across economic environments and is poised to gain in times of market fear.
6. **Honeywell (HON)**: Honeywell offers a combination of defensive strength through its industrial sector performance and income growth through its 14th consecutive dividend increase since 2010.
7. **McDonald’s (MCD)**: McDonald’s is poised for a period of rapid growth, planning to open 50,000 restaurants by 2027 and expanding its beverage business, making it an attractive investment for both defensiveness and growth potential.
A customer at a McDonald’s in Zephyrhills, Florida, allegedly shot a Good Samaritan who tried to intervene after the customer became irate over missing sauce in his order. The victim suffered a head wound and other injuries during the incident.
Former reality TV star Megan McKenna has been providing updates on her pregnancy journey, including experiencing nausea that has left her feeling like she’s had a hangover. Despite not consuming alcohol, she has also shared updates on a urinary tract infection and an allergic reaction. McKenna recently revealed that she has been craving McDonald’s breakfast, including gluten-free egg and cheese sandwiches, hash browns, and strawberry lemonade. She also mentioned the baby’s growth, noting that it is now the size of a mango.
A McDonald’s franchise allegedly had a policy that prohibited employees from quitting without speaking to management. While the authenticity of the sign remains uncertain, it has sparked outrage and highlighted the industry’s labor issues. The sign implies a misunderstanding of at-will employment, which grants both employers and employees the right to terminate and quit at any time. Despite McDonald’s lack of comment, its track record of labor violations contributes to the credibility of the alleged policy.