Norman Rockwell's "Saying Grace" sold on Wednesday for more than $46 million, double its high pre-sale estimate.» Read More
McDonald's plans to spend up to $3 billion next year to open 1,500 new restaurants and remodel 1,000 others.
Nov 14- McDonald's Corp on Thursday said it plans to spend $2.9 billion to $3 billion next year to open 1,500 to 1,600 new restaurants and remodel about 1,000 others- roughly in line with this year's reduced spending forecast.
MADRID, Nov 14- Mexican frozen food company Sigma Alimentos has launched a 695 million euro takeover bid for Spanish meat processor Campofrio at a price analysts said could tempt its leading shareholder to sell.
SAO PAULO, Nov 14- The focus of Brazil's JBS, the world's largest beef producer, is to bring down its debt levels after acquiring poultry producer Seara from rival Marfrig, Chief Executive Wesley Batista said on Thursday.
A bacterial strain of E. coli linked to a California catering company has forced a recall of more than 90 tons of prepackaged salads and sandwiches.
The "Squawk on the Street" team and Julia Stewart, DineEquity CEO, discuss what Dine is doing to honor military veterans, and what led to the company's turnaround of its IHOP and Applebee's franchises.
Eric Stryson, Director at Global Institute for Tomorrow says governments should take a stronger role in pricing and regulating the types of food people eat.
Will Slabaugh, Stephens Inc, still likes McDonald's despite weak same-store sales. Robert Derrington, Wunderlich Securities, explains why he believes in Red Robin.
Nov 8- McDonald's Corp reported lower-than-expected comparable-restaurant sales for October as sales fell in Japan. Global sales at restaurants open for more than a year rose 0.5 percent in October, but the growth was below the average analyst estimate of 0.6 percent, according to nine analysts polled by Thomson Reuters.
Nov 8- McDonald's Corp reported lower-than-expected comparable-restaurant sales for October as sales fell in Japan and remained weak in the United States. In Europe, sales rose 0.8 percent as more customers ate at its restaurants in the UK, France and Russia.
Nov 7- The bad news is: we are going to have another crisis. First, let's look at Twitter, which opened at $45.10 per share, 73 percent above its IPO price. That put its market cap at about $32 billion, or 53 times sales, making it the most expensive single technology stock on a price-to-sales basis.
The FDA has labeled transfats unsafe and says a rule to remove the substances from the food supply could help prevent 20,000 heart attacks every year, reports CNBC's Eamon Javers.
CNBC's Jane Wells reports Whole Foods has wrapped up its earnings call. The company is experimenting with home delivery strategies.
*Third-quarter earnings/share $0.11 vs est $0.11. Nov 6- Restaurant operator Noodles& Co reported lower-than-expected revenue in its second quarter as a public company, citing a tepid consumer spending environment.
Whole Foods Market on Wednesday reported same-store sales that decelerated in the fourth quarter. Shares plunged in extended-hours trading.
Nov 6- Noodles& Co reported lower-than-expected quarterly revenue, hurt by a tepid consumer spending environment, sending the company's shares down 6.5 percent in extended trading. The company, which serves pasta and noodle dishes for as little as $8, posted a net income of $3.3 million, or 11 cents per share, up from $133,000, or 1 cent per share, a year earlier.
The fast food burger wars are intensifying. CNBC's Jane Wells reports on Burger King's new "Big King" hamburger that looks a lot like McDonalds' "Big Mac."
HONG KONG, Nov 6- China's Shuanghui International Holdings, which bought U.S. pork producer Smithfield Foods Inc this year, has hired six banks for a Hong Kong IPO, seeking to raise up to $6 billion in what is set to be Asia's Pacific ex- Japan's largest offering in about four years.
One of the world's largest beef processors, will begin labeling when its finely textured beef is used in the making of its US ground beef products.
Dana Bieber, NO on 522 Coalition spokesperson, says "initiative 522," which would require GMO foods to be labeled in Washington, provides "misleading information." Jeffrey Smith, Institute of Responsible Technology, explains why he is in support of the labels.