thinkstockGlobal bank layoffs reach 160,000. (Reuters) Christine Lagarde of the International Monetary Fund says it is essential that the European Union make a deal to rescue Greece. (Reuters) The U.S. Postal Service…
courtesy of McDonald'sFast-food giant McDonald’s Corp. (NYSE: MCD) announced this morning that it is replacing the president of its McDonald’s USA division, Jan Fields, with current global chief restaurant officer, Jeff Stratton,…
Paul Ausick U.S. equity markets opened slightly higher this morning, but by the end of the first hour stocks had turned south and remained in negative territory throughout the rest of the day. In…
courtesy of McDonald'sMcDonald’s Corp. (NYSE: MCD) posted awful same-store sales data for October this morning. Same-store sales were down in the United States by 2.2%, in Europe by 2.2%, and 2.4% in…
Paul Ausick Jon OggIs the so-called “Bernanke Put” really coming out of the market already? QE3 is still just beginning. And earnings season is now living up to the fears that many of us…
The three major U.S. stock indexes opened lower this morning, but the blame goes to some poor earnings report from U.S. firms rather than to international news. European markets were down slightly…
It was twenty-five years ago today that the 1987 stock market crash came. Fortunes were lost on that day, but fortunes were also made in the aftermath. The NYSE was said to…
McDonald’s Corp. (NYSE: MCD) reported third-quarter results before markets opened this morning. The fast-food restaurant chain posted adjusted diluted earnings per share (EPS) of $1.43 on revenues of $7.15 billion. In the…
China bashing by U.S. politicians is not akin to warships on alert and bitter arguments over the fate of the relatively small Senkaku Islands, to which China and Japan each lay claim.…
Some of the companies that trade as part of the Dow Jones Industrial Average already have reported earnings for the third quarter. The fate of their share prices, at least for now,…
Based on its latest earnings, Yum! Brands Inc. (NYSE: YUM) did well in the United States and China, its big growth markets. Or, China is a problem because growth has slowed there. The…
The coming fiscal cliff represents a huge hurdle for America. Government and private sector forecasters have warned that the expiration of tax cuts, along with hundreds of billions of dollars in government…
The three major U.S. stock indexes opened lower this morning following a weaker-than-expected report on U.S. personal income and inline personal consumption spending (more coverage here). U.S. markets followed Europe, where today’s…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Friday. ADTRAN Inc. (NASDAQ: ADTN) cut to Underperform at BofA/ML. AGCO Corp. (NYSE: AGCO) named…
The real trouble for U.S. companies that operate abroad is supposedly sales in the European Union. Legions of public corporations with significant portions of their revenue from the region will report that a slow…
