At a dinner for media, McDonald's offered fine cuisine dishes as part of a campaign to shake its reputation for serving cheap, unhealthy food.» Read More
Wall Street was seen opening higher on Thursday, even as Russia confirmed a wave of counter-sanctions aimed at its Western detractors.
Some of the names on the move ahead of the open.
Expect a shakeup in the restaurant rankings if Janney's predictions for America's top 10 restaurant chains in 2020 are correct.
Shares of El Pollo Loco Holdings jumped in their trading debut, valuing the restaurant chain at more than $700 million.
*Shares open at $19, above IPO price of $15. Shares of Zoe's Kitchen Inc, a Mediterranean-style chain, have nearly doubled since their debut in April on the back of strong demand for healthier food, a trend that has also boosted Chipotle Mexican Grill Inc's stock.
*Shares open at $19, above IPO price of $15. July 25- Shares of El Pollo Loco Holdings Inc rose as much as 32 percent in their market debut as investors tucked into the offering, betting on the growing popularity of the restaurant chain's fire-grilled chicken.
July 22- Quarterly profit at McDonald's Corp fell more than expected after established restaurants in its struggling U.S. division turned in a third straight quarterly sales decline and results from Europe also logged a surprise drop.
McDonald's quarterly profit slipped about 1 percent as comparable sales in its struggling U.S. business fell, hurt by lower consumer traffic.
July 22- McDonald's Corp reported a lower-than-expected quarterly profit as comparable sales in its struggling U.S. business fell for the third straight quarter and sales in Europe declined for the first time in four quarters.
Wendy's CEO Emil Brolick answered questions submitted by CNBC viewers, addressing labor costs and more.
Wendy's attempted brand transition seeks to combine the quality of "fast casual" restaurants like Panera with the low price and speed of fast food.
July 2- Fast-food titans McDonald's, Taco Bell and KFC are conquering the globe, but they are losing to the likes of In-N-Out Burger, Chipotle Mexican Grill and Chick-fil-A in the United States, according to Consumer Reports' latest fast-food survey.
Up 5.3 percent, Jim Cramer said same-store sales at Sonic are the envy of the industry.
The "Fast Money" traders share their final trades of the day.
A study of the U.S. burger business has shown which state holds the biggest portion of the segment. The Christian Science Monitor reports.
Stocks declined on Thursday after retail sales figures disappointed and energy costs rose.
McDonald's reported better-than-expected global sales at established restaurants in May, helped by strong demand in China.
June 9- McDonald's Corp on Monday reported a small rise in global sales at established restaurants for May, after a rebound in China helped offset another month of disappointing results from the fast-food chain's home market of the United States.
June 9- McDonald's Corp reported better-than-expected global sales at established restaurants in May, helped by strong demand in China, but sales in the United States continued to fall. The United States accounted for 31 percent of McDonald's revenue in 2013. The company does not break out sales for China.
The same food additives Panera plans to ditch remain widespread in fast food, even as some chains simplify menus to cater to evolving taste buds.