Fast food giant McDonald’s Corp. (NYSE: MCD) today reported same-store sales in August rose 3.7% year-over-year, but total sales rose just 1.2% (6.2% in constant currency) in the month. U.S. same-store sales…
Paul Ausick It was just on Monday that we released the 24/7 Wall St. “12 Big Dividend Hikes Coming Before The End of 2012” and we already have one of the twelve coming true. …
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…
Most investors have discovered that earning less than 1% per year in short-term Treasuries or even less than 2% out in the 10-year Treasury is no fun. Longer-dated Treasury bonds also are proving…
The world’s largest restaurant chain, McDonald’s Corp. (NYSE: MCD) has confirmed that it is testing mobile payments at 30 of its stores in France. McDonald’s has about 30,000 stores all around the…
Consumers, it seems, are always after the shiny new product. For some industries, the latest version is always the most popular — the newest smartphone, tablet and sneaker are always the products…
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…
