Dec 15 (Reuters) - Renault statement
* SAYS CONFIRMS IT SIGNED JV IN CHINA WITH BRILLIANCE CHINA AUTOMOTIVE HOLDINGS LIMITED FOR PRODUCTION AND SALE OF LIGHT COMMERCIAL VEHICULES
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* SAYS JV WITH BRILLIANCE TARGETS SALE OF 150,000 UNITS PER YEAR BY 2022 UNDER THE BRANDS JINBEI, RENAULT AND HUASONG Source text for Eikon: Further company coverage: (Reporting By Dominique Vidalon)
In response to California's new $20 minimum wage law, fast food franchises are being forced to rethink their business strategies to stay afloat. Scott Rodrick, who owns 18 McDonald's franchises in the state, is considering measures to manage the increased labor costs without resorting to layoffs, which he sees as a last resort. Don't Miss: 82% of Americans aren’t using this government secured 5% passive income stream, are you one of them? The average American couple has saved this much money for
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Unit sales appear considerably below my estimates.
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Wall Street doesn’t get any credit for the move. There are no stock upgrades or price- target changes to cite.
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