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.» Read More
July 10- KFC parent Yum Brands Inc on Wednesday reported a smaller than expected decline in June sales at established restaurants in China, showing signs of recovery after sales were drastically hit by the country's bird flu outbreak. June results from China, the company's most important business unit, will be recorded in the current third quarter.
*Family Dollar shares at seven-month high after earnings. NEW YORK, July 10- U.S. stocks mostly edged lower on Wednesday, stalling after a four-day climb as attention turned to the afternoon release of minutes from the Federal Reserve's June meeting.
*Family Dollar shares at seven-month high after earnings. "I think all eyes are really on that Fed meeting and the minutes that come out," said Anthony Conroy, head trader for ConvergEx in New York. Family Dollar Stores Inc gained 4.3 percent to $66.74 and was the S&P 500' s best performer after the discount chain posted quarterly earnings.
In the period after hotels open, expect deals at the new properties as well as at local competitors, says Dave Kolankarai, senior director of market management for Hotels.com, a subsidiary of Expedia Inc..
*Family Dollar rises after earnings. If nothing else it will be a reminder of what we heard a couple of weeks ago from the Fed in terms of the direction of the quantitative easing program and see if we can get any additional insights into timing of that, "said Paul Mangus, head of equity research and strategy at Wells Fargo Private Bank in Charlotte, North Carolina.
*Family Dollar rises after earnings. NEW YORK, July 10- U.S. stocks were set to open little changed on Wednesday, following weaker-than-expected data from China and as investors awaited the release of minutes from the Federal Reserve's June meeting.
The latest gross-out viral video on YouTube comes from a Golden Corral restaurant in Port Orange, Fla. The manager involved was terminated, a company official said.
Sheldon Trainor, Executive Director at Macau Legend Development, and Carl Tong, Co-Chairman and Non-Executive Director at Macau Legend Development, discuss the casino operator's expansion plans following its Hong Kong IPO.
CNBC's Emily Chan reports from Hong Kong on Macau Legend's IPO float, who the main shareholders are, and how the money will be used to redevelop a wharf.
As Macau Legend lists on the Hong Kong stock exchange, Jackson Wong, VP of Tanrich Securities, says the casino operator's future will be bright if Macau follows Las Vegas' model of focusing on non-gaming revenue.
Never one to rest on its caffeinated laurels, Starbucks is testing out some new drinks. Here's where you can get them.
TPG sees potential value in Seibu's businesses, which include its Prince Hotel chain in Japan, and approached Seibu management earlier this year through an intermediary, according to the sources, who asked not to be named. TPG would only make the offer if Seibu management agreed to its involvement, they added.
Jim Allen, chairman at Hard Rock International, discusses the Hard Rock Calling Festival in London, which was moved to the Olympic Park and how it will allow them to expand the brand in other parts of the world.
The search for food prepared according to Islamic law at fast-food restaurant chains just got a little trickier this week.
Too much hassle to plan a trip? One online travel booker says to just go—you'll find accommodation through its mobile app when you arrive at your destination.
Panos Paleologos, president and CEO of HotelBrain, expects the Greek touristic season to be "excellent" due to an increase of reservations, upgraded products and more competitive rates.
*4th- quarter earnings $1.01/ share vs estimate $1.03. June 21- Darden Restaurants Inc warned on Friday that a slow, uneven U.S. economic recovery could hurt business at its Olive Garden, Red Lobster and other chains, painting a somewhat bleak picture of the prospects for middle-income Americans.
Surging sales pushed wholesale prices for chicken breasts, the industry's key product, past $2 a pound this spring for the first time since 2004. A USDA report this week shows benchmark breast prices up 36 percent from a year ago at $2.18- 1/ 2 per lb.
The Supreme Court ruled that an arbitration agreement prevents merchants from bringing class action claims against American Express.
Taco Bell says it will start testing a protein-packed menu July 25 at about 40 locations in Dayton, Ohio, with burritos and bowls offering double portions of chicken or steak.