Multi-platinum recording artist Chris Daughtry, discusses joining McDonald's as a judge and mentor for its "Voice of McDonald's" global singing competition for employees.» Read More
Stocks closed higher and the Dow ended at another record high, buoyed by sharp gains in financial and telecom stocks. "With strong earnings and reasonable valuations, you should expect stocks to go higher," said Ed Keon, chief investment strategist at Prudential. "I think the market represents good value."
M&A news and earnings updates were the catalysts behind some of Tuesday's most actively traded stocks.
Mastercard said its first-quarter earnings and revenue climbed from the same quarter last year, thanks to growth in the amount of international purchases made using the company’s credit cards.
Fast-food company Yum Brands reported higher quarterly earnings and raised its full-year profit outlook as strength in China and other international markets offset weak results at Taco Bell in the United States.
Demand for premium burgers like the Texas Double Whopper and Angus Cheesy Bacon sandwich and a cheaper breakfast menu helped Burger King Holdings post a better-than-expected quarterly profit, sending its shares up nearly 8%.
Wendy's International, which has been working to turn around its chain of hamburger restaurants, said on Wednesday it was reviewing strategic options to boost shareholder value, including a possible sale of the company.
XM, Charter, Burger King and more...Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
The Nasdaq hit a six-year high Wednesday, as the Dow Jones Industrial Average zoomed past 13,000. How should investors play these dizzying heights? David Scott, senior vice president and senior portfolio manager for Chase Investment Counsel, and John Praveen, chief investment strategist at Prudential International Investment Advisers, advised "Street Signs" viewers where to put their money.
Krispy Kreme Doughnuts said that Chief Financial Officer Michael Phalen will leave to return to investment banking and that Vice Chairman Robert Strickland is retiring from the board.
McDonald's, Tata Motors, Qualcomm, GigaMedia and more...Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
The fast-food leader also said it is franchising nearly 1,600 restaurants in Latin America and the Caribbean in a deal that will net it $700 million -- part of its continued paring down of company-owned restaurants worldwide.
Blogger Timothy Sykes is back with his contest picks. Here's his post: I hope everyone tuned in Friday to witness me becoming the first guest to bring female models on CNBC to show off the beauty of stock charts. The audience and the other studio guests loved it so hopefully I’ve started a new trend. We’ll see…This week’s picks are (in order of importance)...
In case you missed it, here's a video portion of Friday night's "How To Win" program on the million dollar portfolio challenge. The show got right to the picks from the analysts, so I will do the same. Notice a bit of a theme--earnings reports coming out this week. Also, there are a couple of "bigger" names like Google and McDonald's to chose from.
Constellation Brands CEO Richard Sands joins the guys for a spirited discussion as they go behind the headlines and give you their take on ... Merck ... the railroads... and more. Find out where they're making fast money.
Stocks closed higher Friday following positive earnings guidance from a handful of big companies, pushing the major indexes up for the week. Bullish quarterly earnings forecasts by both Merck and McDonald's lifted the Dow Jones Industrial Average, which ended up 0.4% for the week. The S&P 500 rose 0.6%, while the Nasdaq climbed 0.8%.
As corporate earnings reports begin in earnest next week, merely meeting Wall Street expectations may not be good enough. Companies may have to beat forecasts to compete for investor dollars.
McDonald's forecast first-quarter earnings above expectations on Friday on strength of new U.S. products such as Snack Wrap chicken sandwiches and growth in Europe and Asia.
David Palmer, senior restaurant analyst at UBS, told CNBC’s “Squawk on the Street” that McDonald’s rode its solid brand name and competitive positioning to strong first quarter earnings.The world’s largest restaurant chain reported first quarter 2007 earnings of 62 cents a share, beating the consensus estimate by five cents. “The management is very good,” Palmer said Friday. “These guys are gaining market share rapidly in the U.S. and Europe – and there’s nothing special going on in terms of the industry.”
Inflation data could play a big role in setting the course for stocks, which so far are looking for direction ahead of the opening. Asia markets were mostly lower, while Europe's stock markets this morning are mostly higher.
McDonalds said on Monday it has agreed to pay an additional penny per pound for Florida tomatoes, ending farm workers' two-year campaign for the increase.