Sales Continue Slide at McDonald’s
courtesy of McDonald'sJanuary same-store sales continued to slide at McDonald’s Corp. (NYSE: MCD), falling by 1.9% globally during the month. U.S. sales were up 0.9%, but sales in Europe fell 2.1% and…
courtesy of McDonald'sJanuary same-store sales continued to slide at McDonald’s Corp. (NYSE: MCD), falling by 1.9% globally during the month. U.S. sales were up 0.9%, but sales in Europe fell 2.1% and…
U.S. equity markets opened higher this morning and maintained their upward momentum for essentially the whole day. Lacking any really bad news from Asia or Europe, U.S. markets shrugged off a weaker…
courtesy of KFCThe value of the shares in Yum! Brands Inc. (NYSE: YUM) rose consistently over the past five years, until a few weeks ago they were up well over 100% for…
thinkstockThe United States begins a lawsuit against McGraw Hills Companies Inc.’s (NYSE: MHP) S&P for its role in the mortgage-backed paper debacle. (Reuters) BP PLC’s (NYSE: BP) fourth-quarter profits are strong though…
courtesy of KFCYum! Brands Inc. (NYSE: YUM) closed down 3% ahead of earnings, mostly as investors wanted to get out out of the way ahead of the fast-food giant’s earnings. Now we…
U.S. equity markets opened lower this morning as concerns about European markets reared up again. The U.K.’s PMI came in lower than expected and consumer confidence was lower, sending equities markets on…
U.S. equity markets opened mixed this morning following a depressing report on U.S. GDP growth, which turned out to be negative (more coverage here). Even a good jobs report from ADP couldn’t…
Jon OggThese are this Wednesday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls. Amazon.com Inc. (NASDAQ: AMZN) cut to Outperform at CLSA and maintained Outperform and target raised…
U.S. equity markets opened higher this morning following the report that new claims for unemployment benefits had fallen by 37,000 to a level not seen since 2008 (more coverage here). The government…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen so far from Wall St. research calls this Thursday: ADTRAN Inc. (NASDAQ: ADTN) cut to Sell at UBSÂ but raised…
thinkstockMorgan Stanley (NYSE: MS) fires a number of bankers, which may be the start of a Wall St. trend. (Reuters) The Consumer Financial Protection Bureau says it will set new rules to…
courtesy of KFCYum! Brands Inc. (NYSE: YUM) filed an 8-K with the SEC that drove down its share price. Problems with the Chinese government have hurt its sales: Due to adverse publicity…
courtesy of StarbucksStarbucks Corp. (NASDAQ: SBUX) will open a store in Vietnam, and why not. The investment is tiny, if meant to determine whether the coffee shop chain can take a piece of…
ThinkstockChina’s Service Sector In one more sign that China not only dodged the recession but has been largely unaffected by the economy of the rest of the world, its services sector expanded…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Thursday. With this being the week of Christmas, analyst upgrades and downgrades are…