Arcos Dorados (NYSE: ARCO) will begin trading today and it is also coming out at a premium. Arcos Dorados translates to ‘golden arches’ and it is the largest franchisee of McDonald’s Corporation (NYSE: MCD)…
Jon C. Ogg Jon OggThese are the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. Alcatel-Lucent (NYSE: ALU) Raised to Overweight at Morgan Stanley. Altera Corporation (NASDAQ: ALTR) Raised…
The unemployment rate rose so fast in 2008 and 2009 that in some months the US lost more than 500,000 jobs. That trend has only begun to reverse itself this year, and…
Twitter has, by most estimates, 175 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…
Douglas A. McIntyre It’s time for our daily look at commodity prices and developments that will carry over ahead in commodities. Corn and cattle prices top today’s news and these both have many implications on…
Not many things test a brand’s strength more than a price increase. Nike (NYSE: NKE) said it will increase what it charges for most products by 5.2% because of rising costs for…
The Wall Street Journal reports that sales of Diet Coke in the US have passed those of Pepsi. Regular, sugary Coke holds the top spot. The Journal’s analysis of the situation largely…
“We will encourage the best firms to acquire or build up overseas operations and to license or acquire famous global brands in order to obtain international recognition and improve the image and…
On a day when lower oil has not prevented a triple-digit drop in the DJIA and a larger 1.7% drop in the S&P 500, we wanted to see what was working out…
Twitter has, by most estimates, 175 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…
>McDonald’s Corporation (NYSE: MCD) is trading lower this morning after its global same-store sales rose by +3.9% in February. Europe led the growth with a gain of +5.1%; Asia-Pacific, Middle-East and Africa…
Jon C. Ogg “If gasoline tops $4.00 per gallon in the coming weeks, consumers may be forced to make significant changes to their spending habits. At this stage of the recovery, that could be an…
Subway now has more outlets than McDonald’s (NYSE: MCD), according to the sandwich shop chain. Subway had 33,749 restaurants across the world at the end of 2010, it claims. McDonald’s had 32,737 at…
Douglas A. McIntyre Kuwait says OPEC may increase output (Reuters) Carl Icahn may sell Federal-Mogul (Reuters) China halted high reserve requirements for several banks (Reuters) The euro approached multi-month highs (Reuters) Sharp aims to increase…
The US federal government could shut down as House Republicans battle the Administration on budget deficit matters (Reuters) Riots in Libya moved oil higher and Asia markets lower. (Reuters) Air France-KLM may…
