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Transcripts For FBC Varney Company 20240713

Up about. 75 . Strong profits, positive news on trade, an expanding economy with full employment. This is why stocks are headed up again this monday morning. This stock, though, is not. Mcdonalds. Its ceo, Steve Easterbrook, has been fired. He broke Company Rules by having a consensual relationship with another mcdonalds employee. No details on that, but hes out. The stock had doubled under easterbrooks tenure. Today it will be down about not as much as it was earlier but it will be down about 1. 5 . Quite a drop to 190. Heres another stock in sharp decline. Under armour. They just reported what i think was solid profits, but investors are worried about an ongoing accounting investigation. Big drop, down 14 . Big change at airnbn. No more party houses. They will develop a Rapid Response team to handle incidents like the one on halloween in california, where three people were shot dead. Airbnb wants to go public sometime next year. Stay there, please. We have a big monday morning show f

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