Shake Shack IPO

Shake Shack Shares Sliced

Last week we commented on a reported filing by Shake Shack Inc. (NYSE: SHAK) for a trademark on the phrase “chicken shack,” noting that at a market cap of about ...
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Harolds Chicken Shack

Why Shake Shack Needs Chicken to Justify $3 Billion Market Value

One of this year’s most successful initial public offerings (IPOs) was from Shake Shack Inc. (NYSE: SHAK), which priced at $21 a share, doubled on its first day of trading ...
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McDonald’s Credit Takes Another Downgrade

Credit rating agency Moody’s Investor Services Friday downgraded the senior unsecured debt ratings on McDonald’s Corp. (NYSE: MCD) from A2 to A3 and short-term commercial paper has been dropped from ...
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What to Expect From El Pollo Loco Earnings

El Pollo Loco Holdings Inc. (NASDAQ: LOCO) is set to release its most recent quarterly earnings Thursday after the markets close. The consensus estimates from Thomson Reuters are $0.17 in ...
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USPS Sorting Center

US Postal Service Loses Another $1.3 Billion

The sinkhole called the U.S. Postal Service (USPS) lost another $1.3 billion in the first quarter. Not only is the operation being overwhelmed by competition from United Parcel Service Inc. (NYSE: ...
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McDonald's french fries

McDonald’s Punishing Its Credit With Dividend and Buyback Ambitions

Joining with the other major credit ratings agencies, Fitch Ratings on Friday downgraded its issuer default rating on McDonald’s Corp. (NYSE: MCD) from A to BBB+ on long-term debt and ...
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Bojangles IPO

Bojangles IPO Sops Up the Gravy

Bojangles’ Inc. (NASDAQ: BOJA) priced its initial public offering (IPO) of 7.75 million shares at $19 a share on Thursday, and the stock began trading Friday morning. Shares traded as ...
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The Great US Postal Service Earnings Conundrum of Endless Losses

The U.S. Postal Service (USPS) has turned in a quarterly loss of about $1.5 billion for its second quarter. This was despite operating revenue rising 1.3%, or by $223 million, ...
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Priceline Trips Over Guidance

Priceline Group Inc. (NASDAQ: PCLN) released its first-quarter results Thursday before the markets opened. The company reported $8.12 in earnings per share (EPS) on $1.84 billion in revenue. Thomson Reuters ...
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air travel

What to Expect From Priceline Earnings

The Priceline Group Inc. (NASDAQ: PCLN) will report its first-quarter financial results Thursday before the markets open. Thomson Reuters has consensus estimates of $7.72 in earnings per share (EPS) and ...
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Wingstop Logo

Wingstop Finally Files for IPO

Wingstop has filed to come public via an initial public offering (IPO). If you have any question about what the company does, it is a top restaurant chain focused on ...
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McDonald’s Credit Ratings Fall on Turnaround Plan Share Buybacks

While shareholders had some reason to be pleased with the McDonald’s Corp. (NYSE: MCD) turnaround plan announced on Monday, those reasons were not shared by two credit ratings agencies. Both ...
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uncertainty market evolution

Private Equity Firm Targets Hill With Takeover Bid

Mergers and acquisitions seem to be in the air this spring, and it looks like Hill International Inc. (NYSE: HIL) is the target of a takeover bid by a private ...
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McDonald’s Falls on Turnaround Announcement

No turnaround plan can change overnight a mess that has taken years to build. That is why every turnaround plan ever announced contains a plea for patience. Monday’s turnaround plan ...
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Will McDonald’s Turnaround Plan Include More for Employees?

McDonald’s Corp. (NYSE: MCD) CEO Steve Easterbrook is scheduled to announce Monday morning the “initial steps” of his turnaround plan for the struggling fast-food giant, and a workers’ group wants ...
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