In the fierce battle to attract diners, restaurants like Applebee's and Chili's have a new weapon that's proving successful.» Read More
Stocks began September by soaring more than 2.5 percent after strong U.S. and Chinese manufacturing reports relieved some of the mounting worries over the global economy. Bank of America and Caterpillar rose.
Here's why you should keep a close eye on these six stocks.
Stocks ended higher Tuesday, led by energy and financials. But IBM and Goldman Sachs declined.
The Dow erased its early gains Tuesday as IBM and Goldman Sachs fell despite solid earnings reports from both companies.
U.S. stock index futures gained ground after Goldman Sachs reported quarterly earnings that easily beat estimates even as the company comes under intensified fire for its trading practices.
Tough economic times haven't lessened Texas Roadhouse's appetite for expansion. The fast-growing casual dining chain is planning to expand its business outside the U.S.
European banks trading higher as a deal to help Greece has crystallized: coordinate bilateral news from euro countries, with the partial help of the IMF. Regardless: traders (who don't normally talk politics) are passing around articles about elections in Germany, France and Italy...
Fast foods' oldest and most famous names are facing off against more upscale chains that are slashing prices to hold onto the tight-fisted consumers. So which stocks are the better buy? Jeffrey Bernstein, senior restaurant analyst at Barclays Capital, shared his insights.
P.F. Chang's China Bistro hit a 52-week high yesterday and attracted some bullish option trading ahead of its earnings report next week.
Predictably, HMOs are trading up slightly on the Scott Brown victory in Massachusetts, but for the rest of the market its pretty much back to "sell on the earnings news."
After the bell, Chipotle Mexican Grill annihilated street expectations with third quarter earnings of $1.08 a share, up 83 percent from a year ago, compared to the expected $.88 from analysts.
Great earnings from three big banks, but futures haven't moved. What's up? Traders note that good earnings are being sold because stocks have rallied so much going into earnings season (the S&P 500 is up almost 4 percent this month alone).
Despite the rising concerns about childhood obesity, restaurant menus for children have not changed in recent years. Mintel Menu Insights has been tracking kids menus from 2005 until present, and are seeing the same foods repeated year after year.
Brinker, parent of restaurant chain Chili's (down 17 percent on 5x normal volume), is a real shot across the bow for bulls who are hoping for an improvement in sales trends in the second half.
The hope is that we will see some back to school lift, but Labor Day is the latest possible date this year. There are a lot of tax-free holidays in August, particularly in the South, that may help.
Plus, a trade on the ailing CIT Group.
McDonald’s wants to entice you into its restaurants more frequently. And that means doing something they haven’t done in quite a while.
With one day left in the quarter, the Dow and S&P ended in positive territory as fund managers snapped up winners in an attempt to embellish their portfolios.
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The market’s rally today was driven by the strong May consumer confidence numbers released at 10am ET this morning. With confidence building, the hope is that the consumer will start spending again.