Yummy Dividend Hike (YUM, MCD, SBUX, CMG)
Yum! Brands Inc. (NYSE: YUM), which owns KFC, Pizza Hut, and Taco Bell stores, today raised its quarterly dividend from $0.285 to $0.335, an annual hike of about 18%. The annual dividend rate rises…
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Newest first · Page 291Walmart to Stop Selling Kindle Products — Reuters (WMT, AMZN, TGT, AAPL, BKS)
In a move no doubt designed to stop supporting one of its main online rivals, Wal-Mart Stores Inc. (NYSE: WMT) will no longer sell the Kindle family of e-readers and tablets from Amazon.com (NASDAQ:…
Rite Aid Loss Narrower Than Expected
courtesy of RiteAidRite Aid Corp. (NYSE: RAD) is seeing a warm reception after the troubled drug store chain managed to turn in a narrower loss in its quarterly report. The loss beat estimates by…
Starbucks’ Verismo Sinking Green Mountain Again
courtesy Green Mountain Coffee Roasters Inc.Although it has been expected for a long time, today’s introduction of the new Verismo single-serve coffee maker from Starbucks Corp. (NASDAQ: SBUX) is hitting shares of Green Mountain…
iPhone 5 Users Find Apple Maps Glitchy
AppleAs Apple Inc. (NASDAQ: AAPL) launches its new iPhone 5 without its traditional partnership with Google Maps, the future of the search engine’s software has dimmed. Google Inc. (NASDAQ: GOOG) has never quite explained…
Four of Five Smartphone Users Go Shopping (AMZN, EBAY, AAPL, WMT, TGT, BBY)
The number of U.S. smartphone owners who use either their mobile browser or a dedicated app to visit a retail site totaled 89.5 million in July, representing about 4 out of every 5 smartphone…
General Mills’ Fiscal Year Off to a Good Start
General Mills Inc. (NYSE: GIS) this morning reported fiscal first quarter 2013 adjusted earnings per share (EPS) of $0.66 on revenue of $4.05 billion. In the same period a year ago, the packaged food…
Holiday Layaway Trends at Retailers, a Make-or-Break for 2012
Traditionally, consumers have either saved up for Christmas and holiday gift spending or added balances to their credit cards. That was before the recession and before the value hunt took off. The recession’s aftermath…
How Square Is Now Valued at $3.25 Billion
So much for new-age virtual technology companies being at risk of more scrutiny for investors. AllThingsD and the FT have both reported that a pending fourth round of venture capital has been taken on…
Walgreens to Close Stores It Doesn’t Yet Own
In July Walgreen Co. (NYSE: WAG) acquired USA Drug and 144 of the company’s stores for approximately $438 million. At the time, Walgreens’ president/CEO said: This acquisition expands our business in an important region…
Gap Takes On New Creative Design Head
Gap Inc. (NYSE: GPS) is naming a new head of its global clothing design team. The retail apparel giant has now named Rebekka Bay to head its design team with the title Creative Director and…
Online Deals to Grow to $5.5 Billion in 2016
Market research firm BIA/Kelsey predicts that demand from U.S. consumers for online deals will boost the market to $3.6 billion by the end of this year. If so, the online deal market — including…
Analysts Jump on Bloomin’ Brands with Strong Buy Ratings
Bloomin’ Brands Inc. (NASDAQ: BLMN) is public again after a private equity-led initial public offering. This is the former Outback Steakhouse parent. The analysts’ quiet period has ended and the ratings are very strong…
AT&T Reports Record iPhone 5 Preorders
AT&T Inc. (NYSE: T) claims the Apple Inc. (NASDAQ: AAPL) iPhone 5 set a presale order record, supporting news over the weekend that even Apple itself is sold out. The news confirms a trend. Apple products…
Foreign Investment in India’s Retail, Airlines Sectors Gets OK (WMT)
CIA World FactbookThe government of India today approved two long-discussed moves to attract foreign direct investment (FDI) to the country. In the more important of the two actions, India has approved a proposal to…