Shares of Hilton, the world's largest hotel operator, rose 7 percent in their New York Stock Exchange debut on Thursday.» Read More
NEW YORK-- Buffalo Wild Wings says it's switching from Coke to Pepsi, noting that it also plans to tap into PepsiCo snacks such as Doritos to create new menu offerings. PepsiCo has been working to extend its snacks business through partnerships with restaurant chains.
MUMBAI, Dec 12- Chef Matteo Boglione, at the newly opened Le Cirque Signature in Mumbai, says that when he was getting started at the offshoot of one of New York's elite restaurants he was told repeatedly: "We want more vegetables".
Hilton raised roughly $2.34 billion in its IPO on Wednesday after pricing shares toward the high end of its range.
Hilton Worldwide raised roughly $2.34 billion in its IPO on Wednesday after pricing shares toward the high end of the range.
CNBC contributor Andrew Busch says Hilton has "dramatically cleaned itself up."
CNBC's Simon Hobbs reports Hilton will price its IPO at $20 per share, and is looking at a "modest" increase in number of shares it sells.
CNBC's Simon Hobbs provides insight into Hilton's IPO, and how the hotel held up since the industry crash in 2008. The FMHR traders "want in" on the stock.
Dec 9- McDonald's Corp on Monday reported another sluggish month of sales at established restaurants, results that suggest the famed hamburger chain is losing U.S. market share to rivals.
OVERLAND PARK, Kan.-- Restaurant franchisee NPC International Inc. said Monday that it has completed the acquisition of 53 Wendy's restaurants for $30.4 million. NPC is the world's largest Pizza Hut franchisee with 1,252 Pizza hut sites. They will be owned and operated by NPC's wholly-owned subsidiary, NPC Quality Burgers Inc..
Dec 9- McDonald's Corp continued to grapple with slack demand and intense competition in November, as weakness in the United States, Germany and Japan dragged on sales at established restaurants.
Dec 9- McDonald's Corp reported weaker-than-expected global sales at established restaurants for November, hurt by a sharp drop in comparable-store sales in the United States. The company said high competition and relatively weak customer traffic hurt sales in the United States, its second biggest market after Europe.
Marriott is opening the tallest hotel in America, in New York, CNBC's Sue Herera reports. Janis Milham, Marriott Courtyard vice president and global brand manager, provides insight.
Marriott International CEO and President Arne Sorenson discusses the minimum wage and whether raising it would affect the company's bottom line.
Marriott International is switching over from trading at the NYSE to the NASDAQ. Arne Sorenson, Marriott International CEO & president, discusses what's behind the hotel's move and what it means to shareholders. "The world has changed and the physical location of an exchange floor is much less important," Sorenson says.
McDonald's has committed yet another employee advice blunder, listing on its worker resource website pricey suggestions for holiday tipping.
NEW YORK-- An analyst boosted his rating and price target for Jack in the Box on Thursday, saying its profitability is likely to continue to improve. Wedbush's Nick Setyan lifted Jack in the Box Inc. to "Outperform" from "Neutral" and raised its price target to $60 from $50.
NEW YORK/ SHANGHAI, Dec 4- Yum Brands Inc's KFC website in China trumpets the slogan "Trust in every bite." That message is part of the company's new "I Commit" campaign intended to reassure customers in its largest market, who have cut back on visits since Chinese media reports a year ago about excessive antibiotic use by a few KFC suppliers.
NEW YORK/ SHANGHAI, Dec 4- Yum Brands Inc's KFC website in China trumpets the slogan "Trust in every bite". That message is part of the company's new "I Commit" campaign intended to reassure customers in its largest market, who have cut back on visits since Chinese media reports a year ago about excessive antibiotic use by a few KFC suppliers.
NEW YORK-- Shares of Yum Brands Inc. declined before the market open on Tuesday as the restaurant operator reported mixed November sales results for China. On Monday the company said that its China division recorded a 1 percent sales gain at restaurants open at least one year, including a rise of 7 percent at Pizza Hut.
LAS VEGAS-- An embarrassing mistake involving a Statue of Liberty stamp could come back to haunt the U.S. Postal Service. The "forever" stamp design released in 2011 was not based on the statue in New York Harbor, as intended, but on a replica outside the New York-New York casino hotel in Las Vegas. A spokesman for the Postal Service did not immediately return calls.