You probably saw the news that McDonald’s Corporation (NYSE: MCD) saw negative same-store sales growth early Wednesday morning. Frankly, the 1.6% drop ought to be considered a success when you consider that…
Stocks gapped down this morning with a weak news flow from Europe and after a poor sales target from McDonald’s Corp. (NYSE: MCD) going into the red, along with higher labor costs…
McDonald’s Corp. (NYSE: MCD) may have been the best Dow Jones Industrial Average component in 2011, but that was then. The “this is now” is not looking too great here on the…
Jon C. Ogg Apple Inc. (NASDAQ: AAPL) is seeking sanctions after a lawyer for Samsung Electronics publicly released evidence a judge had excluded from the trial in which Apple alleges that the Korean manufacturer copied…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Thursday morning. Abercrombie & Fitch Co. (NYSE: ANF) cut to Neutral at Baird…
CKE Restaurants Inc., the fifth-largest operator of quick-service hamburger restaurants globally, has announced the estimated terms of its planned initial public offering. Some 13.3 million shares will be priced between $14 and…
What does it mean about the economy when people cannot afford hamburgers and beer? It is another sign that consumer spending is in trouble. A beer can cost as little as $1, and the…
Carlyle (NASDAQ: CG) may buy a unit of United Technologies (NYSE: UTX). (Reuters) More factories move to the United States as China’s manufacturing costs rise. (Reuters) The CEOs of Apple (NASDAQ: AAPL)…
The three major US stock indexes opened lower this morning as Spanish 10-year bond yields rose sharply above 7% (our coverage here) and German magazine Der Spiegel published a story that suggested…
At the end of two weeks of non-stop second quarter earnings reports, S&P Capital IQ expects a decline of -0.71% year-over-year in the S&P 500 Index for the quarter, a figure it…
A stronger U.S. dollar bit into both the top and bottom lines at McDonald’s Corp. (NYSE: MCD) in this morning’s second-quarter earnings report. The company reported earnings per share (EPS) of $1.32…
U.S. stocks are set to fall sharply at the open Monday, following a global sell-off on heightened fears that Spain will need a full sovereign bailout similar to those taken by Greece…
Apple (NASDAQ: AAPL) will shrink the connector for the iPhone 5. (Reuters) Greece presses for billions of euros in budget cuts before aid payments. (WSJ) Eastman Kodak loses several patent disputes, which…
The three major US stock indexes opened lower this morning after Spanish bond yields rose above 7% again and the country’s Valencia region asked for central government assistance in paying its debts.…
The former CEO of McDonald’s Corp. (NYSE: MCD), James Skinner, has been named the new non-executive chairman of the board of Walgreen Co. (NYSE: WAG). Skinner replaces Al McNally who has been…
