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Pizza Politics: Rival Pie Slingers Don't Echo Papa John's NFL Protest Complaints
Sunday, November 5, 2017 - 2:45pm | 891Underperforming? Blame the officials. Papa John’s Int’l, Inc. (NASDAQ: PZZA) attributed its mid-season sales slump to an alleged bad call — one that allowed controversial anthem protests to cripple NFL viewership and corresponding pizza deliveries. “The NFL has hurt us by...
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Big Banks In The Earnings Spotlight: Citigroup, JPMorgan, Wells Fargo
Sunday, July 10, 2016 - 5:23pm | 800Three big banks are among companies kicking off the new earnings season this week. Consensus forecasts from Wall Street analysts call for bottom-line declines from all three of them. However, one is expected to offer some growth in revenue, relative to the year-ago period. The second-quarter...
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Why Dan Loeb Loves Yum! Brands And Devon Energy
Sunday, May 3, 2015 - 6:29pm | 618In his first quarter investment letter, Third Point's Dan Loeb notes that the hedge fund has taken large stakes in two companies: Devon Energy Corp (NYSE: DVN) and Yum! Brands, Inc. (NYSE: YUM). Yum! Brands moved sharply higher Friday following the announcement, gaining nearly 7 percent to...
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Oppenheimer Says Yum! Brands Reward Outweighs Risk, Places $90 Price Target
Monday, April 20, 2015 - 2:40pm | 295In a report published Monday, Oppenheimer analyst Brian Bittner reiterated an Outperform rating on shares of Yum! Brands, Inc. (NYSE: YUM) with a price target boosted to $90 from a previous $80, noting that the company's near-term results are "tough to call" but the fundamental setup may improve...
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Is McDonald's A 'Communist Dictatorship?' A New Taco Bell Commercial May Depict It As One
Thursday, March 26, 2015 - 10:46am | 245Yum! Brands, Inc. (NYSE: YUM) has a new commercial out for Taco Bell that depicts a dystopian society where everyone is forced to eat "the same breakfast" every day. The commercial doesn't specifically single out McDonald's Corporation (NYSE: MCD) by name but the similarities...
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Robots Are Coming To Retail
Monday, November 3, 2014 - 4:27pm | 764Anyone walking into the Lowe’s Companies, Inc. (NYSE: LOW) owned Orchard Supply Hardware store in San Jose, California later this month might be greeted by OSHbot, a robotic shopping assistant, according to the company. OSHbot will ask customers if they need help and, if so, guide...
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Chipotle's Vegan Menu Expansion Is Bottom Line Healthy
Wednesday, October 22, 2014 - 10:27am | 599Chipotle Mexican Grill, Inc. (NYSE: CMG) announced recently that it planned to expand its vegan “Sofritas” option to nine additional states. The move would make the braised and shredded tofu item a permanent menu offering in those new areas. Related Link: Chipotle Mexican Grill...
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Is McDonald's Going Fast Casual?
Friday, October 10, 2014 - 1:19pm | 728McDonald’s Corporation (NYSE: MCD) has been experimenting in an effort to combat falling sales. The company in September installed several build-your-own-burger kiosks in Southern California. At the stand-alone kiosks, customers could add one or more of nearly 20 toppings to one or...
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Yum! Brands, Inc. Earnings Preview: What's In Store For 2015?
Monday, October 6, 2014 - 10:15am | 876Yum! Brands, Inc. (NYSE: YUM), whose key China division continues to struggle, is scheduled to report its third-quarter results Tuesday, October 7, before the markets open. The company has already warned of a sharp decline in sales in China, and it followed that up with a dividend hike -- its...
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Earnings Expectations For The Week Of October 6: Alcoa Inc, PepsiCo, Inc. & More
Sunday, October 5, 2014 - 6:53pm | 962A new earnings season gets underway this week when Alcoa Inc (NYSE: AA), PepsiCo, Inc. (NYSE: PEP) and Yum! Brands, Inc. (NYSE: YUM) share their third-quarter results. Analysts expect at least some growth on the top and bottom lines for all three companies. Also scheduled to step into the...
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Fast Food Companies Handing Out Free Food
Wednesday, September 3, 2014 - 3:50pm | 799Borrowing a page from the Willy Wonka playbook, Yum! Brands’ (NYSE: YUM) Taco Bell launched a campaign last week in which anyone who found one of 11 special “Everlasting Dollars” would win a lifetime of free Taco Bell. Taco Bell The prize, actually a $10,000 Taco Bell gift...
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McDonald's Introduces Faster Food In 60 Seconds Or Less
Thursday, August 7, 2014 - 3:27pm | 650If you live in (or are visiting) Florida between now and August 29, McDonald’s (NYSE: MCD) would like to see you –- but only briefly. The company is running a promotion during which customers are given a timer when they pay for their order. If it takes more than one minute to...
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Dow Suffers 300 Point Drop; S&P 500 And NASDAQ Also Tumble
Thursday, July 31, 2014 - 4:49pm | 3111U.S. stocks posted steep losses as investors had plenty to worry about. Unable to reach a last-minute settlement, Argentina defaulted on its debt obligations. Naturally, as a global economy, the credit of one country affects other countries worldwide. The Labor Department reported that U.S....
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Markets Little Changed Ahead Of The Federal Reserve's Policy Decision
Monday, July 28, 2014 - 4:36pm | 2462U.S. stocks were little changed ahead of the Federal Reserve's policy announcement due out on Wednesday. The Federal Reserve will conclude a two-day session, with the central bank likely to announce further cuts to its monthly asset purchases. In economic news, June home sales declined in...
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Markets Mostly Higher As Earnings Season Continues To Impress
Wednesday, July 23, 2014 - 4:55pm | 2953U.S. stocks were mostly higher as investors and traders continue to weigh in on earnings from large-cap companies like Apple, Microsoft, Facebook, and momentum high-flyers like Chipotle Mexican Grill and Intuitive Surgical. Despite geopolitical concerns, the S&P 500 managed to close at a...