Chinese Restaurant Chain Approves US Takeover (YUM, MCD)
A chain of more than 450 Little Sheep restaurants scattered throughout China has agreed to a takeover offer made last April by Yum! Brands Inc. (NYSE: YUM). Yum, with more than 4,000…
A chain of more than 450 Little Sheep restaurants scattered throughout China has agreed to a takeover offer made last April by Yum! Brands Inc. (NYSE: YUM). Yum, with more than 4,000…
Dunkin’ Brands Inc. (NASDAQ: DNKN) has signed a new deal with its subsidiary National DCP LLC, under which National will be the exclusive supply chain provider for Dunkin’s more than 7,000 US…
The primary reason, it is often argued, that China is an important market for many large U.S. companies is that its population has doubled since the early 1960s. But the whole picture…
Equity markets started the day down and stayed there all day. Traders were mirroring the action on European and Asian markets, which all settled down before the US markets opened this morning.…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. Altria Group Inc. (NYSE: MO) Cut to Hold at Stifel Nicolaus.…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning. Brightpoint Inc. (NASDAQ: CELL) Reiterate as Buy with a $14 price…
Many American companies have done incredibly well this year. A number posted extraordinary financial results in 2011. Others have launched products that revolutionized markets. Of course, many big public corporations also did…
These are some of Tuesday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls. Amgen Inc. (NASDAQ: AMGN) Cut to Market Perform at BMO. AutoNation Inc. (NYSE: AN) Raised to…
The US Senate has passed legislation that could make it easier for the Treasury Department to hit China with sanctions as a currency manipulator. China’s response, so far, has been to tell…
Moody’s (NYSE: MCO) cuts Italy’s debt rating. (Reuters) Bernanke says the U.S. economy is close to the flat line. (Reuters) New Apple (NASDAQ: AAPL) iPhone 4S does not impress investors. (Reuters) Boehner…
After the markets close today, Yum! Brands (NYSE: YUM) will report its third-quarter earnings. Analysts are expecting EPS of $0.83 on revenue of $3.1 billion, compared with second-quarter EPS of $0.63 on…
World stock markets hit 15-month lows. (Reuters) Apple (NASDAQ: AAPL) to launch the iPhone 5 as competition grows from Google’s (NASDAQ: GOOG) Android. (Reuters) China warns of a trade war if Congress…
Debt and credit rating agencies made a number of changes yesterday, led by the downgrade of Italian sovereign debt by Standard & Poor’s. The agencies also issued changes to debt ratings for…
Yum! Brands Inc. (NYSE: YUM) has raised its dividend yet again. Today’s news of a 14% increase in the payout rate for the quarterly dividend comes to $0.285. Based upon a $52.60…
If we can’t get the Chinese to ease up on US solar panel makers, at least we’re getting them to eat our food. A new research note indicates that McDonald’s Corp. (NYSE:…