Headlines about Chipotle possibly stopping to serve its famous guacamole are nothing to worry about. NBC News explains why.» Read More
European equities closed lower on Thursday following disappointing data from the U.S., where manufacturing growth slowed in January.
NEW YORK, Jan 23- U.S. stocks and global emerging markets sold off sharply on Thursday on disappointing Chinese manufacturing data and weak company earnings, while the euro rose against the dollar after encouraging survey results on the euro zone's private sector.
Jan 23- McDonald's Corp reported weaker-than-expected quarterly sales at established restaurants on Thursday as fewer diners frequented the fast-food chain, and warned that sales would again fall short of analysts' expectations in January.
Chinese manufacturing dropped notably in January, with major components all logging declines.
NEW YORK, Jan 23- U.S. stocks opened lower on Thursday, after disappointing manufacturing data in China and discouraging earnings reports from bellwether names such as McDonald's Corp.. The Dow Jones industrial average was down 73.50 points, or 0.45 percent, at 16,299.84. The Nasdaq Composite Index was down 19.75 points, or 0.47 percent, at 4,223.25.
*eBay rises after results, Icahn spin-off proposal. NEW YORK, Jan 23- U.S. stocks were set to open lower on Thursday, after disappointing manufacturing data in China and the latest round of corporate earnings failed to provide investors the impetus to push equities higher.
Jan 23- McDonald's Corp reported weaker-than-expected quarterly revenue as fewer customers ate at its restaurants, partly due to severe winter weather in the United States. The company known for its crispy french fries and Big Mac hamburgers reported net income of $1.40 billion, or $1.40 per share, compared with $1.40 billion, or $1.38 per share, a year earlier.
U.S. stock index futures signaled a weak open on Wall Street on Thursday, after data showed a slowdown in Chinese manufacturing activity this month.
Jan 23- McDonald's Corp's global sales at established restaurants missed analysts' expectations, hurt by fewer customers visits partly due to severe winter weather in the United States.
McDonald's reported quarterly earnings that topped analysts' expectations by a penny a share on Thursday.
*eBay rises after results, Icahn spin-off proposal. NEW YORK, Jan 23- U.S. stock index futures fell on Thursday, ahead of data on the labor and housing markets, along with the latest round of corporate earnings results. *Netflix Inc shares surged 16.5 percent to $388.85 before the opening bell.
CNBC's "Earnings Squad" previews the quarterly earnings reports for Johnson Controls, Netflix, and McDonald's, with CNBC's Melissa Lee.
McDonald's France has confirmed tax inspectors visited its local headquarters but denied wrongdoing.
The owner of a Queens McDonald's sat down with elderly customers to reach a compromise over the issue of those customers sitting in the restaurant for hours without ordering food.
With a massive slate of earnings coming this week, here's what traders are looking out for.
A McDonald's made steps to resolve a dispute with a group of elderly people who lingered at the chain too long, reported NBC 4 New York.
NEW YORK, Jan 17- The initial reads on earnings have been mixed, and yet U.S. stocks are hovering near all-time highs. "Given that equities are fully valued and arguably overvalued, we need earnings and revenue to come through to support the gains we've already made," said Jack Ablin, chief investment officer at BMO Private Bank in Chicago.
Stocks could feel a few more jolts in the coming week, as earnings season trumps just about everything else.
With uncertainty rampant in the market, pros will be watching earnings very closely. Which results matter most to Cramer?
After a McD's appeared to disrespect several older Korean people, some called for a boycott of the fast-food giant. NYT reports.