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Wendy's Says Presidential Election Is Hurting Sales
Thursday, August 11, 2016 - 12:31pm | 357Read More...There are many reasons why restaurant sales are facing pressure - including food safety concerns following the Chipotle fallout, a trend towards workers bringing their own food to work, and economic uncertainty forcing consumers to save a few extra dollars instead of dining out. The CEO of...
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Did The New All-Day Breakfast Help McDonald's Post Best Q4 In Four Years?
Monday, January 25, 2016 - 3:28pm | 219Read More...McDonald's Corporation (NYSE: MCD)'s latest announcement to move to all-day breakfast helped boost the company's best fourth-quarter profit and revenue results in the United States in nearly four years. Shares have risen 1.64 percent to $120.34 in Monday's trading session at the time of this...
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McDonald's Spikes Lower, But Wall Street Darling Still Closer To 52-Week High Than 52-Week Low
Thursday, January 14, 2016 - 12:06pm | 260Read More...McDonald's Corporation (NASDAQ: MCD) is understandably being hit by the broader market selloff. The stock is down almost 2 percent in 2016, but is still better off than Chipotle Mexican Grill, Inc. (NYSE: CMG) or The Wendy's Company (NYSE: WEN) have fared this year. Earlier on Thursday...
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Credit Suisse's Top 10 Consumer Discretionary Stocks: J M Smucker Out, Kellogg In
Tuesday, December 8, 2015 - 9:46am | 772Read More...The consumer discretionary sector has been one of the market’s brightest sectors in 2015, and the Consumer Discretionary SPDR (ETF) (NYSE: XLY) has gained 11.5 percent versus the S&P 500’s 0.7 percent gain year-to-date. For the first time in two months, Credit Suisse analysts have...
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Give McDonald's New Internal Activist CEO A Chance
Friday, March 13, 2015 - 4:04pm | 349Read More...In a recent report, analysts at Barclays called on investors to give new McDonald's Corporation (NYSE: MCD) CEO Stephen Easterbrook a fair chance to turn the ailing company around. Analysts point out that Easterbrook, who has proclaimed himself a "constructive agitator" and an...
