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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.
NEW YORK-- Red Lobster isn't just for the seafood lover in you. Red Lobster also is increasing the number of dishes that cost less than $15 to attract customers who have cut back on spending. The chain, which is owned by Darden Restaurants Inc., says a quarter of the items on its menu will be non-seafood dishes, up from 8 percent.
Whole Foods Market might be the most perfect stock in what is, by any measure, an imperfect market. On the other hand, Zynga might be the worst, after the stock suffered deep losses Wednesday afternoon in after-hours trading, according to TheStreet.com contributor Rocco Pendola.
The "Mad Money" host points to five stocks that are exacting their revenge on the market to prove that even losers get lucky once in a while.
Check out which companies are making headlines after the bell Tuesday:
Take a look at some of Friday's midday movers:
More than one-third of Americans are considered obese, and investors looking to capitalize on that trend could find themselves, uh...well-fed.
Take a look at some of Monday’s morning movers: