Amid rising beef and cheese prices, what exactly does a dollar buy these days? Not a whole lot, as it turns out.» Read More
Brinker International Inc. rose$. 75 or 1.6 percent, to $47.53. Chipotle Mexican Grill Inc. rose $6.65 or 1.0 percent, to $684.83. Darden Restaurants Inc. rose$. 84 or 1.8 percent, to $47.21.
Brinker International Inc. rose$. 59 or 1.3 percent, to $47.37. Chipotle Mexican Grill Inc. rose $4.53 or. 7 percent, to $682.71. Darden Restaurants Inc. rose$. 56 or 1.2 percent, to $46.93.
Brinker International Inc. rose$. 27 or. 6 percent, to $46.78. Chipotle Mexican Grill Inc. fell $1.11 or. 2 percent, to $678.18. Darden Restaurants Inc. fell$. 72 or 1.5 percent, to $46.37.
Brinker International Inc. fell$. 21 or. 5 percent, to $46.30. Chipotle Mexican Grill Inc. fell $2.84 or. 4 percent, to $676.45. Darden Restaurants Inc. fell$. 98 or 2.1 percent, to $46.11.
Brinker International Inc. fell$. 01 or percent, to $46.50. Chipotle Mexican Grill Inc. rose $4.21 or. 6 percent, to $683.50. Darden Restaurants Inc. fell$. 37 or. 8 percent, to $46.72.
*Chinese academic took "huge rewards" from Qualcomm- Xinhua. BEIJING, Aug 14- Qualcomm Inc, under investigation for possible monopolistic practices in China, said it had no direct financial links with an antitrust expert sacked from a government advisory post after state media reported he had received payments from the firm.
SAN FRANCISCO, Aug 11- Foodpanda, an online take-away food delivery company active in dozens of emerging markets, said it had raised $60 million in new financing from a group of investors including existing backer Rocket Internet AG.
SHANGHAI, Aug 11- Five fast food chains including McDonald's and Yum Brands Inc have published details of their suppliers on their Chinese websites following a request from Shanghai authorities after a food safety scare.
The hamburger joint's poor sales are just another indication consumers have lost their appetite for fast food, says CNBC's Jim Cramer.
Expect a shakeup in the restaurant rankings if Janney's predictions for America's top 10 restaurant chains in 2020 are correct.
"While this matter will negatively impact results in the near term, we cannot reasonably estimate the impact on full year 2014 earnings at this time," according to a regulatory filing from McDonald's, which has just over 2,000 restaurants in China.
Aug 4- McDonald's Corp's sales in markets, including China and Japan, are experiencing a "significant negative impact" since a food safety scandal in China a fortnight ago forced it to halt the sale of items such as Big Macs and Spicy McWings.
Aug 4- The Shanghai branch of China's Public Security Bureau has detained six employees of the meat supplier at the center of the country's latest food-safety scandal, the supplier's U.S.-based parent company confirmed on Monday.
McDonald's sales in markets, including China and Japan, are experiencing a "significant negative impact" since a food safety scandal in China.
McDonald's will restore its full menu in some Chinese cities this week, a fortnight after a food safety scandal forced the company to halt meat sales.
Investors are looking through the market's recent wreckage to pick up stocks that might have been beaten down. USA Today reports.
Talking Squawk, the official "Squawk Box" blog, provides tidbits, insights, and some sarcastic reflections on the WEEK THAT WAS and the WEEK TO COME.
July 31- Burger King Worldwide Inc said on Thursday it would no longer buy products from OSI Group LLC suppliers in China, where the fast-food hamburger chain has about 200 restaurants.
*Yum says China meat scare impact "significant, negative". *China, HK diners say likely to visit chains less frequently... July 31- A food safety scare in China is testing local consumers' loyalty to foreign fast-food brands, including McDonald's Corp and Yum Brands Inc, which owns the KFC and Pizza Hut chains.
CNBC's Sara Eisen reports Yum! Brands is saying news coverage concerning the sale of bad meat has caused a "significant, negative impact" to same-store sales at KFC and Pizza Hut locations.