This is the latest in a string of actions by fast-food workers, many of whom earn minimum wage, to protest how much they are paid.» Read More
Brinker International Inc. fell$. 81 or 1.5 percent, to $52.47. Chipotle Mexican Grill Inc. fell $9.20 or 1.6 percent, to $579.50. Darden Restaurants Inc. fell $1.32 or 2.6 percent, to $49.01.
McDonald's reported a bigger-than-expected drop in sales for February, with competition and bad weather battering U.S. sales.
NEW YORK, March 10- U.S. stocks edged modestly lower on Monday, and the S&P 500 held near record highs, as investors largely shrugged off unexpectedly weak data in China. "I don't think it's disruptive to the way people are looking at China as an economy that has lost some of its hyperbolic move and that is almost welcome."
March 10- McDonald's Corp on Monday reported a bigger-than-expected drop in comparable global sales for February, hurt again by slow business in the United States. McDonald's Chief Financial Officer Pete Bensen said in a press release that the unchanged global comparable sales so far this year "will pressure margins" in the first quarter.
Jeffrey Bernstein, Barclays analyst, provides insight on McDonald's global sales, where both the U.S. and Asia saw sales decline, whereas Europe provided the only bright spot.
NEW YORK, March 10- U.S. stocks were set to open slightly lower on Monday, on the heels of a record high for the S&P 500, following unexpectedly weak data in China which tempered enthusiasm over the strength of the global economy.
March 10- McDonald's Corp on Monday reported a bigger-than-expected drop in comparable global sales at established restaurants for February, hurt by competition and bad weather that battered U.S. sales. In Europe, which has edged out the United States as the company's biggest revenue market, restaurant sales last month rose 0.6 percent.
R.J. Hottovy, Morningstar analyst, breaks down McDonald's same-store sales numbers. We are continuing to see weakness in the U.S., says Hottovy.
March 10- McDonald's Corp on Monday reported a bigger-than-expected drop in comparable global sales at established restaurants for February, with competition and bad weather battering U.S. sales. The world's biggest restaurant chain by revenue said worldwide sales at restaurants open at least 13 months fell 0.3 percent last month.
The revised industry guidelines for handling pigs in Canada include more than 100 animal-care rules, including the phase-out by 2024 of stalls that continuously restrict sow movement, hog groups and the Canadian Federation of Humane Societies said on Thursday.
Headlines about Chipotle possibly stopping to serve its famous guacamole are nothing to worry about. NBC News explains why.
In a live interview on CNBC's "Squawk Box," Warren Buffett said he would keep buying stocks even if he knew a major war was coming.
At a time when beer sales are slumping, Bud Light is finding success with its line of margarita-flavored malt beverages.
McDonald's is planning to expand "build-your-own burger" concept, as it aims to adopt the customization trend in the fast-food industry.
Here's a preview of Sunday's Academy Awards show—Oscar facts and figures from years gone by.
It may be time for Darden Restaurants to let shareholders take Red Lobster into their own hands.
TORONTO, Feb 25- Canadian coffee and doughnut chain Tim Hortons Inc said on Tuesday that it will open at least 800 new restaurants over the next five years under a strategic plan to secure its dominance in Canada and boost returns in the United States.
Some of the names on the move ahead of the open.
Feb 25- Domino's Pizza Inc, the second-largest U.S. pizza chain, reported a 5 percent rise in quarterly revenue as new menu items helped boost sales around the world. The company, whose rivals include Yum Brands Inc's Pizza Hut, Little Caesars Pizza and Papa John's International Inc, said international comparable sales rose 7 percent.
McDonald's is in the early stages of looking at whether it can make breakfast available later in the day.