Had it not been for a solid fourth quarter, the world's largest fast-food company likely would have shown no year-over-year profit growth. Now McDonald's reportedly is currently seeking bids for a "significant stake" in…
Shares of Chipotle Mexican Grill saw a handy gain on Tuesday, even though the company reported less-than-favorable preliminary numbers for the fourth quarter.
A new Jefferies research report, while conceding that near-term fundamentals for many of the top companies in the restaurant arena are difficult, focuses on four top new money buys for 2017.
Quick-service restaurants like McDonald's could see some increase in traffic this year, and same-store sales comparisons will benefit from the weak showing in 2016.
It was the wide adoption and exponential growth of new technologies that did in the video rental industry, according to a recent analysis by 24/7 Wall St.
McDonald's must see the extended delivery service as an opportunity for incremental revenue with little downside risk. But its digital self-order kiosks may be more important.
Kathryn Marinello, who has served as CEO of two companies and filled a variety of senior positions at General Electric, has been named to replace outgoing Hertz Global CEO John Tague.