Starbucks (SBUX) posted bad earnings for last quarter. Over the last 2 years Starbucks expanded extensively, refusing to recognize that there was a limit to the number of people who would pay…
According to Reuters, American Express (AXP) earnings dropped 72% but still beat expectations. Reuters writes that Geithner was confirmed to be Treasury Secretary. Reuters reports that people lost confidence in business globally…
The need for more and more people to have inexpensive and convenient food may be tailing off. McDonald’s (MCD) fourth quarter results were lackluster. . Net income fell 23% to $985 million.…
Douglas A. McIntyre According to Reuters, cities and states are facing shortfalls and potential defaults. Reuters reports that the US steel industry is starting a "buy America" campaign. Reuters reports that Fannie Mae (FNM) believes…
Today 24/7 Wall St.named its annual CEO of the Year James A. Skinner of McDonald’s (MCD). He was picked from a field of ten executives which we profiled over the last ten…
According to Reuters, The Tribune Company filed for Chapter 11. Reuters reports that Congress and The White House are close to a bill that would give Detroit modest loans. Reuters reports that…
A recession is supposed to pull everyone under, but that everyone does not seem to include McDonald’s (MCD). The fast food firm announced that that global comparable sales increased 7.7% in November.…
Douglas A. McIntyre 24/7 Wall St. will name its annual CEO of the Year next week. The executive will be picked from a field of ten which we will profile this week The CEOs are…
Analysts are of two minds about Google (GOOG). The first is that because it is the most efficient way for companies to reach customers that it will not be hurt much by…
Most executives spend their careers trying to get noticed, both as a way to achieve promotion and to bolster their reputations which they hope will be remembered long after they retire. Mention…
There is no economic slowdown under the golden arches. Where else can someone buy a large meal of heart-healthy food for under $2, and only $1 for the kids. McDonald’s has begun…
According to Reuters, Japan will supply money to the IMF. Reuters reports that Citigroup (C) is looking at buying Chevy Chase Bank. Reuters reports that the US may need to insure wholesale…
McDonald’s (MCD) and Wal-Mart (WMT) may be the only retailers in the country who are doing extraordinarily well. The reason may be simple. What they sell is cheap and, in the case…
US car sales have been awful, running off as much as 30% recently. But, there is always China. It is big for McDonald’s (WMT), Wal-Mart (WMT), GE (GE), and Hewlett-Packard (HPQ). Everyone…
According to Reuters, the Korean central bank made record rate cuts. Reuters reports that the G7 said the rising yen may be a threat to financial markets. Reuters writes that Hungary and…