Finance

Ford, McDonald’s, Under Armour, Verizon & more

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Check out the companies making headlines before the bell:

McDonald’s – McDonald’s fired CEO Steve Easterbrook after determining that a consensual relationship with an employee violated company policy. He’ll be replaced by McDonald’s USA President Chris Kempczinski.

Under Armour – Under Armour said it is the subject of a U.S. accounting probe, confirming an earlier Wall Street Journal report. The investigation is said to center around whether the athletic apparel maker shifted sales from quarter to quarter to improve financial metrics. Separately, Under Armour reported quarterly profit of 23 cents per share, 5 cents a share above estimates. Revenue also beat forecasts. Under Armour cut…



Source cnbc.com

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