Waffle tacos and a bot named 'Dom': Welcome to the future of fast food!» Read More
After the best day of the year for the S&P 500 and Nasdaq, Brian Kelly of Brian Kelly Capital says it's time to take off the rose-colored glasses.
Brinker International Inc. fell $3.07 or 5.8 percent, to $49.60. Chipotle Mexican Grill Inc. fell $45.48 or 7.0 percent, to $607.55. Darden Restaurants Inc. rose$. 31 or. 6 percent, to $49.42.
Coca Cola Co and McDonald's Corp on Tuesday became the latest multinationals to get sideswiped by the surging U.S. currency, which typically crimps demand for U.S. exports and reduces the value of overseas sales when they are translated back into U.S. dollars. McDonald's forecast currency to cut fourth-quarter earnings per share by 5 cents to 6 cents, after...
Stocks staged a steady rally as Ebola fears ebbed and oil prices stabilized. Expectations the Fed will stay dovish helped too.
Oct 21- McDonald's Corp Chief Executive Officer Don Thompson owned up to some corporate image problems on Tuesday after it posted a nearly one-third drop in quarterly profit and warned that its global restaurant sales would fall again this month. Stock in the fast-food chain, which Thompson conceded is sometimes seen as little more than "a manufacturing plant,"...
McDonald's is pinning its domestic turnaround hopes in part on a campaign highlighting its food quality. So is it working?
As Coke and McDonald's earnings disappointed investors, millennial retail expert Ilana Stern explains what's to blame and what needs to be done.
Although stocks rallied on Tuesday, investors couldn’t help but notice some very noticeable losers.
Greenwich Wealth Management's Vahan Janjigian said he believes both large-cap names can overcome the problems now plaguing them.
Brinker International Inc. fell $3.24 or 6.2 percent, to $49.43. Chipotle Mexican Grill Inc. fell $40.10 or 6.1 percent, to $612.93. Darden Restaurants Inc. rose$. 14 or. 3 percent, to $49.25.
Ilana Stern, Weddington Way founder and CEO shares insight into where Coca-Cola and McDonald's profits are sliding.
Brinker International Inc. fell $3.53 or 6.7 percent, to $49.15. Chipotle Mexican Grill Inc. fell $33.66 or 5.2 percent, to $619.38. Darden Restaurants Inc. fell$. 16 or. 3 percent, to $48.95.
McDonald's "benchmark bad quarter" will likely warrant major changes at the fast food giant, says CNBC's Jim Cramer.
*Apple rallies, lifting S&P 500 and Nasdaq. NEW YORK, Oct 21- U.S. stocks rallied on Tuesday, with the S&P 500 on track for a fourth straight session of gains as Apple and Texas Instruments jumped following their results. Apple Inc rose 2.4 percent to $102.20 in heavy trading a day after revenue topped expectations, helped by strong sales of its iPhone line.
These stocks were the poster children for buy-and-hold investing but, with the latest numbers, that reasoning comes into question.
Oct 21- Omnicom Group Inc said it was on track to exceed its full-year organic revenue growth target, thanks to increased advertising by U.S. businesses. Omnicom, whose $35 billion merger with France's Publicis Groupe SA was called off in May, forecast full-year organic revenue growth of around 4 percent in February. Omnicom's clients include Apple Inc,...
McDonald's reports its worst monthly comparable sales decreases in the US and Europe since early 2003.
Sales at restaurants open at least 13 months, a closely watched gauge of performance, fell a steeper-than-expected 3.3 percent in the United States, where resurgent fast-food rivals and more upscale brands like Chipotle Mexican Grill are taking a bite out of market share. Europe, which just edges out the United States as McDonald's top revenue market, is...
NEW YORK, Oct 21- U.S. stocks rose on Tuesday, with the S&P 500 on track for a fourth straight session of gains as Apple and Texas Instruments rallied after their results. Apple Inc rose 2.3 percent to $102 in heavy trading a day after revenue topped expectations, helped by strong sales of its iPhone line. Any fund manager who is underweight on Apple is probably...
McDonald's reported a 30 percent decline in profits during Q3. Insight into the fast food chain's earnings, with Sam Oches, QSR Magazine.