Darden Restaurants announced Friday that it has sold its Red Lobster chain to private equity firm Golden Gate Capital. It has been less than six months since Darden first said it would…
ThinkstockThe U.S. campaign for a $15 hourly wage for fast-food workers is going global. A New York-based group called Fast Food Forward said today that fast food workers on six continents will…
Churchilldowns.comThe Kentucky Derby is one of those events that pulls in viewers who never even bother with watching horse racing any other days of the year. It is also represented as the…
ThinkstockIn 2013, the CEO-to-worker compensation ratio in the fast food industry was more than 1,000-to-1. Workers’ situation must be improving, though, because the ratio was 1,200-to-1 in 2012. McDonald’s Corp. (NYSE: MCD)…
courtesy of KFCYum! Brands, Inc. (NYSE: YUM) reported first quarter 2014 results after markets closed on Monday. The fast-food restaurant operator posted adjusted diluted earnings per share (EPS) of $0.87 and revenues…
Paul Ausick These are the top analyst upgrades, downgrades and initiations seen on Wall Street on Monday, April 21, 2014. They include AMD, Lululemon, Oracle, Coca-Cola and Yum! Brands.
Taco Bell has rolled out a new breakfast menu. To fight back against this new threat, McDonald's is giving away free coffee during breakfast hours for two weeks beginning March 31.
These are the top analyst upgrades, downgrades and initiations seen from Wall Street research firms in Thursday, March 6, 2014. The include Biogen Idec, Exxon Mobil, MarkWest Energy and Yum! Brands.
Wikimedia CommonsGap’s (NYSE: GPS) earnings in the fourth quarter and for the 2013 fiscal year were good enough to get modest applause from Wall Street. However, unlike other large American retailers, its…
When fast-food giants McDonald's and Yum! Brands reported fourth-quarter and full-year results for 2013, both chains said that U.S. sales were flat at best for both periods. The main battle between them…
courtesy of KFCYum! Brands Inc. (NYSE: YUM) reported fourth-quarter and full-year 2013 results after markets closed on Monday. The fast-food restaurant operator posted adjusted diluted earnings per share (EPS) of $0.86 and…
Paul Ausick A donkey meat recall earlier in January at some Walmart Chinese stores has resulted in the company's adoption of tighter controls on its Chinese suppliers. Walmart will begin DNA testing of the…
A worker at a Los Angeles McDonald's outlet will attend President Obama's State of the Union Tuesday evening as the guest of California Representative Linda Sanchez. The White House has indicated that…
These arethe top analyst upgrades, downgrades and initiations seen from Wall Street research firms for Tuesday, January 7.
Retail giant Walmart has issued a recall notice for about 73,400 folding table and chair sets in the U.S., and in China it recalled donkey meat following tests that showed that the…
