Taco Bell is thinking outside the bun and has begun selling a taco with a shell made from fried chicken.» Read More
Brittany Creech, a high school senior from Missouri, decided that the backdrop of her senior photo would be her favorite restaurant: Taco Bell.
Chick-fil-A's long-awaited first freestanding location in New York City officially has an opening date.
As restaurants, like McDonald's, double down on breakfast, their timing is from far from eggscellent.
Companies that hit the sweet spot in China's changing growth landscape are the place to be now, not some of the former favorites, analysts say.
David Einhorn struggled in July, with his flagship Greenlight Capital LP fund dropping 6.1 percent, according to a source familiar with the firm.
In a newly-released investor letter, Third Point's chief Dan Loeb defended modern-day activist techniques.
*Burger King comp sales up 6.7 pct; Tim Hortons' 5.5 pct. July 27- Restaurant Brands International Inc, formed out of Burger King's takeover of Canadian coffee chain Tim Hortons last year, reported a better-than-expected quarterly profit as new menu items helped attract customers. "I think has been more innovative with their new product offerings than McDonald's...
From software companies to drugmakers to fast food chains, economic weakness in China is denting multinationals' financials this earnings season.
Winning $15 an hour is a big deal: It means no food stamps and being able to support four kids and a wife with cancer, says KFC worker Alvin Major.
A new index attempts to shed some light on how customers perceive some of the country's largest dining chains.
July 16- Domino's Pizza Inc reported quarterly revenue that missed analysts estimates for the first time in two years due to a strong dollar, and said Chief Financial Officer Michael Lawton will retire at the end of August. The company's shares were down 3 percent at $115.10 in midday trading on the New York Stock Exchange on Thursday. The company has been...
The company has been outperforming rivals such as Yum Brands Inc's Pizza Hut and McDonald's Corp in the United States due to the digital investments, which make it easier for customers to order pizzas using methods such as smart watches and digital wallets. Pizza Hut reported a disappointing 1 percent rise in same-store sales in the United States on Tuesday.
*Bank of America rises after profit more than doubles. "We were positive the whole day and we sort of lost our gains right at the tail end," said Phil Orlando, chief equity market strategist at Federated Investors in New York. "If crude were to be going down, that would mean there is an assumption this deal may get through Congress or the President's veto won't get...
*Bank of America rises after profit more than doubles. Brent settled down $1.46 at $57.05 while U.S. crude settled down $1.63 at $51.41 a barrel. The group was buoyed by a 3.4 percent rise in Bank of America to $17.72 and a 3.7 percent gain in U.S. Bancorp to $45.51 after their quarterly results.
"We believe this is achievable," Grismer said, noting that Yum typically makes 60 percent of its profit in China in the second half of the year. To stem the decline in sales, Yum has launched a slew of measures in China that range from new menu items to testing an upmarket diner aimed at customers tired of fried chicken. Yum has also revamped its breakfast menu and rolled...
*Nasdaq biotech index hits record high on Celgene deal. Celgene jumped as much as 10.7 percent to a record high of $135.98 after the company said it would buy Receptos to get a potential multibillion-dollar drug. Celgene's gains helped push the Nasdaq biotech index to hit a record high for the third time in three weeks.
*Nasdaq biotech index hits record high on Celgene deal. *Bank of America rises after profit more than doubles. *Delta Air Lines warning weighs on airline stocks.
*Celgene soars on deal to buy Receptos. Celegene's shares jumped as much as 9.4 percent to a record high of $134.34 after the company said it would buy Receptos for $7.2 billion to get a potential multibillion-dollar drug. Receptos jumped 10.4 percent to $228.64, while the Nasdaq biotech index jumped more than 2 percent to hit a record high for the third time in...
U.S. stock futures traded mixed as investors digested prepared remarks by Fed Chair Janet Yellen for a speech to Congress later in the day.
*Bank of America rises after profit more than doubles. July 15- Wall Street was set to open little changed on Wednesday after Federal Reserve Chair Janet Yellen said the central bank remained on track to raise interest rates this year, with turmoil abroad unlikely to throw the U.S. economy off track. "The fact that the Fed feels comfortable raising rates even with...