The home of the Whopper burger said EPS rose 55% to 17 cents, in line with views. Sales fell 42% to $327 mil, above estimates of $308.5 mil. Same-store sales fell 1.4% overall and 3% in the U.S. and Canada. Since its purchase by private equity firm 3G capital, Burger King (BKW) has been selling more restaurants to franchisees. The company said 97% of its restaurants are now franchise-owned. Shares rose 1.2% to 18.27.
The Dow Jones fell as Elon Musk made a Tesla move. The Donald Trump stock sank on the stock market today. Cathie Wood bought a diving stock.
I am a dividend investor, and I prize dividend consistency. I just can't trust what this high-yield income stock says about its dividend.
California fast-food employees started earning a minimum of $20 an hour in April. Thanks to a new law, which went into effect earlier this month, California chain restaurants with at least 60 locations nationwide have to pay their employees more. For smaller restaurants, the minimum wage continues to be the statewide bottom of $16 an hour. The largest publicly-traded fast-food companies include McDonald’s Corp (NYSE:MCD); Starbucks Corp (NASDAQ:SBUX); Yum! Brands, Inc. (NYSE:YUM), which owns Tac
President Joe Biden has spent $23 billion of the $39 billion he has to spur chipmaking in the US, spreading it to companies that plan new activities in several states.
Say that, as a married couple, you have $1.4 million in your IRAs and, at age 66, expect about $4,100 per month in Social Security. Based on some typical rules of thumb, you might be able to plan on about $108,000 per year of retirement income, but how much you actually need and will be […] The post We're 66 With $1.4 Million in IRAs, and $4,100 Monthly From Social Security. What's Our Retirement Budget? appeared first on SmartReads by SmartAsset.
Shares of the Truth Social owner have plunged and may fall further if early investors unload shares.
Stocks that work for billionaires aren't necessarily appropriate for every investor.
With oil set to move higher, these 3 stocks are set to outperform.
A lofty valuation may be more sustainable now that Super Micro has landed in a major stock index.
Tesla management told employees Monday that the recent layoffs -- which gutted some departments by 20% and even hit high performers -- were largely due to poor financial performance, a source familiar with the matter told TechCrunch. The layoffs were announced to staff just a week before Tesla is scheduled to report its first-quarter earnings. The move comes as Tesla has seen its profit margin narrow over the past several quarters, the result of an EV price war that has persisted for at least a year.