After a bumper crop of pumpkin-flavored products this fall, it looks like it’s time to bring out the gingerbread and mint at restaurant chains even though trick-or-treaters have yet to ring the doorbell.
NEW YORK-- Chipotle's stock is taking a big hit from investors worried that years of lightning-fast growth are over. Chipotle shares closed down 15 percent, or $42.93, at $243. Late Thursday, Chipotle Mexican Grill Inc. said its third-quarter revenue and net income both grew.
The government said retail sales in August and September posted their two largest gains since October 2010. WHO THAT HELPS: Companies that rely on consumer spending, like Lowe's, TJX Cos. and Yum Brands. WHAT'S NEXT: Quarterly reports due Tuesday include Intel, Goldman Sachs, Johnson& Johnson, and Coca-Cola.
Pizza Hut is rethinking its contest daring people to ask "Sausage or Pepperoni?" at the presidential debate Tuesday.
Bank stocks rose broadly after Citigroup delivered a strong earnings report. Companies that rely on consumer spending, like Lowe's, TJX Cos. and Yum Brands, rose after the government reported that retail sales rose 1.1 percent in the U.S. last month.
NEW YORK-- Pizza Hut is rethinking its contest daring people to ask "Sausage or Pepperoni?" Pizza Hut spokesman Doug Terfehr said the majority of the feedback the company has seen has been very positive. Pizza Hut, a unit of Yum Brands Inc., says it will still honor the prize if someone poses the question live at the debate.
Stocks rose on Friday after a government report showed that inflation was tame in September, which will leave consumers with more money to spend if the trend holds up. The Labor Department said Friday that wholesale prices rose 1.1 percent in September. This week saw mixed results from U.S. corporations like Alcoa, Safeway and Yum Brands.
Futures appear to be suggesting a weekly decline, however, as economic headwinds in both Europe and Asia weigh on U.S. indexes. The nation's largest bank, JPMorgan Chase, posted record quarterly profit Friday and blew away Wall Street expectations. This week saw mixed results from U.S. corporations like Alcoa, Safeway and Yum Brands.
Bank and energy stocks led the way lower after investors had a mixed reaction to earnings reports from JPMorgan Chase and Wells Fargo. Investors haven't had much to get excited about, with mixed results this week from U.S. companies including Alcoa, Safeway and Yum Brands. The S&P 500 is up more than 11 percent since June 1.
Jim Cramer explains how the bulls and bears duked it out Wednesday, like two opposing teams on the football field.
NEW YORK-- Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:. Yum Brands Inc., up $5.28 at $70.99. FedEx Corp., up $4.41 at $89.99.
TORONTO, Oct 10- Canada's main stock index hit its lowest closing level in nearly five weeks on Wednesday, driven downward by falling financial and energy shares after the start of the U.S. earnings season flashed mixed signals for the global economy. posting a quarterly net loss and a weaker consumption outlook for China, while Chevron's.
NEW YORK-- Downbeat reports from Alcoa and Chevron at the start of corporate earnings season pulled stock indexes lower for a third straight day Wednesday. Alcoa, the aluminum producer, beat Wall Street's earnings estimates on Tuesday night but said it expects a slowdown in China to weaken demand for aluminum.
Stocks finished near session lows Wednesday, with the Dow logging another triple-digit loss, pressured by a tepid start to earnings season and worries over the sluggish global economic growth.
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.
Weakening prices midday don’t necessarily mean the rally has ended, “Fast Money” pros said Wednesday on CNBC.
TORONTO, Oct 10- Canada's main stock index was slightly lower on Wednesday morning as materials shares strengthened and financials weakened after the starting round of the U.S. earnings season flashed mixed signals. A warning from Alcoa Inc.
*Alcoa beats expectations but cautions of slowdown. *Yum Brands defies China sluggish growth, raises outlook. NEW YORK, Oct 10- U.S. stocks dipped on Wednesday as earnings season began with Alcoa forecasting slower demand for aluminum, while a profit warning from Chevron weighed on the energy sector.
Rachael Rothman, Susquehanna Financial Group analyst, and Jeffrey Bernstein break down the company's third quarter earnings of $0.99 per share versus $0.97 est, on revenues of $3.57 billion.
NEW YORK-- Downbeat reports from Alcoa and Chevron at the start of a critical corporate earnings season pulled stock indexes lower for a third straight day Wednesday. Alcoa, the aluminum producer, beat Wall Street earnings estimates on Tuesday night but said it expects a slowdown in China to weaken demand for aluminum.