Bloomin’ Brands, the owner of Outback Steakhouse, will try to raise $300 million through an IPO. The deal may succeed although the company’s other brands are hardly known–Carrabba’s Italian Grill, Bonefish Grill,…
Jon OggEarnings season is almost upon us for the first quarter of 2012. There is some growing caution over company expectations on the heels of a massive rally where the DJIA rose…
Markets opened lower this morning and didn’t recover. The ISM services index came in lower than expected (our coverage here) and the EIA report on crude oil inventories pushed crude prices down…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday. American International Group (NYSE: AIG) Raised to Outperform at Bernstein. Bazaarvoice Inc.…
Burger King, privately held for more than three years, will begin to trade on the New York Stock Exchange again soon. Its current owners must have an eye on the valuations of…
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…
The CEO of McDonald’s (NYSE: MCD), Jim Skinner, will retire at mid-year. No matter what critics have to say about the danger of fast food and marketing it to children, Skinner has…
Goldman Sachs (NYSE: GS) tries to end a legal case concerning fraud in its CDO sales. (Reuters) China’s factory activity slows, as evidenced by the HSBC flash PMI of 48.1, a low reading. (Reuters) A…
Jim Skinner, the chief executive of McDonald’s (NYSE: MCD) announced he will retire this summer. Critics have to attacked him about the danger of fast food and marketing it to children. But, Skinner has run McDonald’s during…
Douglas A. McIntyre 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…
By now, most investors know that the large hedge funds are run by billionaires rather than millionaires. What many investors might not know is that some hedge funds are reaching the size…
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…
Fast food giant McDonald’s Corp. (NYSE: MCD) today reported same-store sales in February rose 7.5% year-over-year and total sales rose 9.4% (9.7% in constant currency) in the month. US same-store sales rose…
Paul Ausick The Dow Jones Industrial Average is trading back above the 13,000 mark. The DJIA (NYSE: DIA) i sup 0.22% at $129.87 to reflect the slight discount due to fees in the ETF. …
