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…
24/7 Wall St. chose the ten most important pieces of news for major US corporations so far this year. Our evaluation was based on the history of the company and industry involved…
Updated throughout the day. Apple (NASDAQ: AAPL) has begun to build the next generation iPad (WSJ) Arcos Dorados, the world’s largest McDonald’s (NYSE: MCD) franchisee will file for an IPO (FT) Google…
The SEC will try to make market traders less reliant on ratings agencies. (Reuters) GM (NYSE: GM) will set up a profit-sharing plan for workers. (WSJ) S&P warned Japan on its credit…
With the US landscape just about full of fast-food outlets, the major players are looking elsewhere for revenue and profits. Not surprisingly, the sweet spot is China, with its 1.3 billion people…
Corporate turnarounds are almost never engineered by a single person. A CEO who takes a failing company and makes it successful again obviously got help from management, a board, along with customers…
These are some of this Tuesday’s top analyst calls with upgrades, downgrades, and initiations seen from Wall Street research firms. Adobe Systems Inc. (NASDAQ: ADBE) Cut to Neutral at Piper Jaffray. Advanced…
AIG (NYSE: AIG) said ailing CEO Benmosche will remain through 2012. (Reuters) The Financial Crisis Inquiry Committee has referred several cases of potential law violations from the credit crisis to authorities inside…
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…
Earnings season is in full swing and we have a back-breaker of an earnings week ahead of us. There are some 11 DJIA components reporting earnings and a whole slew of other…
Earnings season is in full swing and we have at least 11 of the 30 DJIA components on deck to report earnings. We have given basic previews broken out by day for…
Delta Airlines (NYSE: DAL) said that an increase in the cost it must pay for fuel could hurt its earnings for the balance of the year. The International Air Transport Association, which…
These are some of this Wednesday’s top analyst calls with upgrades, downgrades, and initiations seen from Wall Street research firms. Annaly Capital Management, Inc. (NYSE: NLY) Cut to Hold at Jefferies. Apple…
