Chick-fil-A has received backlash over the years, but the restaurant seems to have it all together when it comes to customer satisfaction.» Read More
NEW YORK-- Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:. Corning Inc., down $1.26 at $12.15. Lorillard Inc., down $4.08 at $111.70.
NEW YORK-- Shares of Panera Bread Co. rose Wednesday, after the restaurant operator reported that its third-quarter profit jumped 27 percent, on strong demand for its soups and sandwiches, and the company raised its fourth-quarter and full-year earnings outlook.
Shares of Panera Bread are up 20 percent year-to-date, outperforming many other restaurant stocks as it continues to post strong growth despite a sluggish economy.
Ron Shaich, Co-CEO of Panera Bread, discusses why his company is raising its full-year guidance, and outperforming the competition.
NEW YORK- Global shares slide more than 1 percent and the euro falls as a slew of weak U.S. corporate earnings results and credit rating downgrades of several indebted regions of Spain triggered a new round of fears over the global economy (MARKETS-GLOBAL/, moving shortly, by Angela Moon, 1,050 words).
ST. LOUIS-- Shares of Panera Bread rose 5 percent in aftermarket trading on Tuesday after the company reported third-quarter net income rose 27 percent on strong demand for its soups and sandwiches. Net income rose to $36.5 million, or $1.24 per share. For the fourth quarter, the company now expects earnings of $1.72 to $1.74 per share, up from $1.66 to $1.70 per share.
Check out which companies are making headlines after the bell Tuesday.
NEW YORK-- Tough competition in the U.S. and the weakening economy abroad was a double whammy for McDonald's in the third-quarter, sending the burger chain's net income down nearly 4 percent.
NEW YORK-- McDonald's Corp. reports its third-quarter results Friday, which should give a glimpse of how the world's biggest hamburger chain is coping with intensifying competition and the challenging global economy. WHAT TO WATCH FOR: After outperforming its rivals for years, some analyst think McDonald's may be entering a period of slower growth.
NEW YORK-- Wendy's pigtails are getting a tweak. It's only the fifth logo update since founder Dave Thomas opened the first Wendy's in 1969, and perhaps the most significant. Wendy's push has intensified since Brolick came on as CEO about a year ago.
NEW YORK-- Wendy's pigtails are getting a tweak. In an interview with The Associated Press, CEO Emil Brolick said the current logo had served the company well for the past three decades, but that it was time for an update. It's only the fifth logo update since founder Dave Thomas opened the first Wendy's in 1969, and perhaps the most significant.
Jamie Dimon speaks out, PC sales are in decline; U.S. sets tariffs on solar panels and Spain is downgraded by the S&P for the third time this year.
Panera Bread founder, chairman and co-CEO Ron Shaich, discusses healthy food options at his restaurant, its average demographic, and managing increasing food prices.
Yum! Brands surged nearly 9 percent after its earnings report showed no major drop off in business in China. But analysts see margin pressure looming.
Oct 8- Panera Bread Co:. *BMO cuts Panera Bread Company to market perform from outperform. Reuters Station users, click. 1568.
Oct 8- Panera Bread Co:. *BMO cuts Panera Bread Co to market perform from outperform. Reuters Station users, click. 1568.
*Raymond James Cuts The Cheesecake Factory to market perform from. *Raymond James Raises Ruby Tuesday target price to $8.50 from $7.50. *Raymond James Raises DineEquity target price to $65 from $59.
NEW YORK-- Olive Garden is tossing out its famous "When You're Here, You're Family" slogan to cater to a more modern lifestyle. It was a very stereotypical Italian family dinner, "said Jay Spenchian, executive vice president of marketing at Olive Garden.
NEW YORK-- Starbucks Corp. is testing a variety of toasty croissants and baked goods in nine San Francisco stores, with plans to eventually expand distribution nationally. Lisa Passe, a spokeswoman for Starbucks, noted that this was an operational test to see how stores would handle deliveries and warming up the items.
The fundamental face of shopping malls is beginning to change; rather than just retail with a food court, malls are now becoming entertainment destinations.