The pressure is on for those earnings to support the market's current valuations, after weeks of choppy trading.» Read More
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.
U.S. stocks fluctuated on Friday, with the Nasdaq Composite rising for the week.
Feb 20- Caterpillar Inc said on Thursday that sales of its construction equipment had surged in recent months, driven by an especially large jump in demand in North America, where a series of severe winter storms and arctic temperatures failed to keep builders out of dealer showrooms.
TORONTO, Feb 20- Canadian coffee and doughnut chain Tim Hortons Inc reported weaker-than-expected results on Thursday, hurt by slowing growth, but its stock jumped as it hiked its dividend and made plans to buy back up to C $440 million in shares.
Canadian tech stocks are now the rage, since they are trading at low valuations and discounted PE multiples to their U.S. counterparts.
Feb 20- Canadian coffee and doughnut chain Tim Hortons said it would buy back up to C $440 million in shares and raise its quarterly dividend, in the face of pressure from shareholders to return capital.
CHICAGO, Feb 19- Sick of hearing Americans complain about the winter weather? Because the corporate kvetching has only just begun.