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It is apparently not enough for Luckin Coffee (NASDAQ: LK) to conduct an internal investigation over Chief Operating Officer Jian Liu's inflating of the company's sales figures. A report published Wednesday in The Wall Street Journal , citing "people familiar with the matter," indicates tha...
Scandal-tainted Luckin Coffee (NASDAQ: LK ) says it won't file its annual report by April 30 due to delays caused by COVID-19 and an internal investigation. More news on: Luckin Coffee Inc., Credit Suisse Group AG, Consumer stocks news, Financial stocks news, Read more ...
Given its position as a global coffee shop chain, Starbucks (NYSE: SBUX ) has been significantly impacted by the Covid-19 outbreak. However, things are now looking up. In China, a majority of SBUX stores are operating, including those in Wuhan, the epicenter of the Coronavirus pandemic. In ...
That's the question in Beijing where the China Securities Regulatory Commission has been more vocal than it normally would in addressing the Luckin Coffee (NASDAQ: LK ) fraud and working with the SEC. More news on: Starbucks Corporation, Luckin Coffee Inc., Consumer stocks news, Read...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Stitcher and Spotify . News of easing lockdowns saw stocks go green across the globe overnight, though oil tumbled under $15/bbl with storage running sh...
More than a dozen officers from State Administration for Market Regulation descended on Luckin Coffee's (NASDAQ: LK ) headquarters in Xiamen on Sunday, marking the most significant action so far by Chinese authorities against the upstart coffee chain. More news on: Luckin Coffee Inc., Co...
In this special episode of Industry Focus Wildcard Wednesday , Emily Flippen chats with Motley Fool analyst and seasoned international investor Bill Mann about investing in foreign markets. Discover different ways you can invest globally and screen companies that you are interested in. Learn ...
BEIJING, April 23, 2020 (GLOBE NEWSWIRE) -- Luckin Coffee Inc. (“Luckin Coffee” or the “Company”) (NASDAQ: LK) today announced the following: On April 21, 2020, the Company received a letter of resignation from Mr. Thomas P. Meier, who was appointed as an inde...
Earlier today, Luckin Coffee (NASDAQ: LK ) stuck its head out after a quiet period with a SEC filing. More news on: Luckin Coffee Inc., Consumer stocks news, Read more ...
In this episode of Motley Fool Answers , Alison Southwick, personal finance expert Robert Brokamp, and Motley Fool contributor Brian Feroldi take on some listeners' questions. Learn which companies investors are most curious about, why you should keep your lizard brain out of the investing pr...
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How Did One Gold Stock Pull Off A Near $3 Billion Fraud Scheme? With gold prices reaching levels not seen since 2011, it’s no wonder why investors are turning toward the shiny metal. The market value of gold has now jumped above $1,800. Even in spite of price pulling back in July, gol...
BEIJING, July 01, 2020 (GLOBE NEWSWIRE) -- Luckin Coffee Inc. (the “Company”) (OTC: LKNCY) announced that its Special Committee of the Board of Directors (the “Special Committee”), with the assistance of its advisors, Kirkland & Ellis International LLP and FT...
The stock market had a tough day to end the week, with investors growing increasingly nervous about the rising number of new COVID-19 cases. The Nasdaq Composite (NASDAQINDEX: ^IXIC) has resisted coronavirus-inspired sell-offs before, but it didn't succeed today, losing around 2.5%. The Nas...