The first official warning of food price increases due to the U.S. drought came last month, when the U.S. Department of Agriculture forecast an increase of 2.5% to 3.5% for food consumed…
The three major US stock indexes opened higher this morning following data showing that GDP in several countries grew better than expected (more coverage here). Which indicates that if the bar is…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Tuesday morning. Changyou.com Ltd. (NASDAQ: CYOU) started as Buy at Citigroup. Eastman Chemical…
The three major US stock indexes opened mixed this morning following a wealth of data on the Chinese economy. The short version is that the economy is slowing so much and inflation…
The three major US stock indexes opened lower this morning following on softness in European markets and a mixed close in the Asian markets. There has been little data for investors to…
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…
China, India, Brazil… all part of the BRIC nations along with Russia. The growth of those three nations has been slowing and the concern is growing that these nations and much of Latin…
The major US stock indexes opened sharply lower this morning as weak performance in the European markets as traders try to figure out what last weekend’s elections mean. Crude oil was also…
The Wendy’s Co. (NASDAQ: WEN) reported first quarter earnings this morning and managed to post another profit — barely. The company reported adjusted EPS of $0.01 versus a consensus estimate of $0.03.…
The major US stock indexes opened lower this morning following a weekend of elections in Europe. A new Socialist party president in France and a still very cloudy future in Greece have…
While most Americans are happy with their family, friends and home life, more than one in five Americans are unhappy with their health. According to a new survey conducted by consumer-focused information…
During the recent Great Recession, the big fast food chains like McDonald’s Corp. (NYSE: MCD), The Wendy’s Co. (NASDAQ: WEN), Sonic Corp. (NASDAQ: SONC), Jack in the Box Inc. (NASDAQ: JACK), Burger…
There’s a new number two among hamburger restaurant chains. The Wendy’s Co. (NASDAQ: WEN) has surpassed privately held Burger King in total sales, with $8.5 billion in 2011 sales compared with $8.4…
Economic uncertainty, higher food costs, and higher labor costs… Those are not usually supposed to be a worry for the likes of McDonald’s Corporation (NYSE: MCD). After all, it has proven to…
The three major US equities indexes opened higher this morning after another (small) drop in new unemployment benefits claims and a good, but smaller-than-expected, rise in personal income and spending data (our…
