Headlines about Chipotle possibly stopping to serve its famous guacamole are nothing to worry about. NBC News explains why.» Read More
Fast-food chain Burger King Holdings said it started testing in its restaurants several trans-fat free cooking oils and plans to roll one out nationwide in late 2008.
It was a record day for stocks as every sector finished the day in positive territory. The Dow Jones Industrial Average closed at an all -time high while the Nasdaq and S&P 500 were boosted by strength in tech shares. The S&P 500 finshed the day at a new six-year high.
The world's largest restaurant chain reported a sharp rise in quarterly earnings after recording a large gain for last year's spinoff of the Chipotle Mexican Grill chain.
Yahoo and Sun Micro are giving a boost to the Nasdaq this morning but the picture for stocks is mixed as investors await today's earnings reports. Europe and Asian markets were mostly higher, and the dollar is recovering some ground against the euro and sterling, after hitting a 14-year low against the British pound. In addition to Iraq, President Bush's State of the Union puts...
U.S. stocks closed lower after oil prices staged a late rally, while weakness in technology dragged down the Nasdaq.
McDonald's expects its fourth-quarter earnings from continuing operations to top analyst estimates, as December same-store sales rose 7.2% globally.
Wendy's International said sales at company-owned restaurants open at least 15 months rose 3.1% in the fourth quarter, helped by demand for the chain's new Double Melt cheeseburgers.
Every king need land to rule--and now Burger King is looking for more territory to help expand its "reign." The fast food company recently announced plans to develop restaurants in Japan. But--with increasing competition-a fight over trans-fats--and health concerns over fast food--is now a good time to expand?
A strong November payrolls report and weakness in consumer sentiment caused stocks to see-saw through much of the day. Analysts believe this volatility likely will continue.
Here's our last look at the markets today--U.S. stocks rallied modestly after a better-than-expected U.S. jobs report sparked the first weekly gain in equities in the last month. Also--market moving comments heard on CNBC today from Treasury Secretary Hank Paulson sent the U.S. dollar higher. Mary Thompson has all the winners and loser - she's CNBC's "Eye On The Floor."
With an hour left in trading, the markets were up. A strong U.S. jobs report today counterbalanced less then stellar consumer sentiment. CNBC’s Mary Thompson reported from the floor of the New York Stock Exchange, saying that both Citigroup and McDonald’s were among the winners today. Mickey D’s hit a seven-year high on strong November sales.
McDonald's said global sales at its hamburger restaurants open at least 13 months rose 6.2% in November as its Snack Wraps and promotions with family games such as Monopoly brought in customers.
As we've reported--New York became the first city in the U.S. to ban trans-fats in restaurant food. But the ban will affect companies with a reach far beyond the Five Boroughs. Wendy’s International, McDonald’s, Kraft and Kellogg will all have to adjust as a result – at least in the near term – at the expense of their P&L sheets.
The Board of Health voted Tuesday to make New York the first city in the nation to ban artificial trans fats at restaurants--from the corner pizzeria to high-end bakeries.
McDonald’s is calling for corporate social responsibility in response to a dwindling seafood population. The company is one of the world’s leading buyers of white fish – and it has teamed up with environmental group Conservation International to make sure their classic Filet O’ Fish sandwich isn’t drying up the ocean’s food supply.
Good morning--it's December 1, 2006--24 days until Christmas--and counting. We're having a busy day so far. U.S. Representative Harold Ford Jr. from Tennessee is guest host on "Squawk Box." He lost that closeU.S. Senate seat race last month to Repbublican Bob Corker.
Consumers don’t seem to have the same appetite for casual dining that they had earlier in the year.