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Nomura Instinet raises its third-quarter same-store sales growth estimate for McDonald's to 3.9 percent from 3.3 percent.
Chipotle Mexican Grill, Inc. (NYSE:CMG) stock has had difficulties regaining Wall Street’s trust after the fallout from the health issues they had in the past two years. CMG stock has fallen 20% in 12 months. This is not to say that I’m bearish on the price action. In fact, today I want to place a bullish bet on Chipotle as I have been doing for months.
After witnessing a decline in the bottom line for the five straight quarters, Skechers (SKX) is likely to post earnings growth in the third quarter of 2017.
Taco Bell — owned by Yum! Brands, Inc. (NYSE:YUM) — is rolling out its free tacos promotion for the World Series again this year. Last year, a stolen base in the epic baseball series netted fans a free taco, and this year won’t be any different as Taco Bell is giving out free Doritos Locos Tacos to everyone if a base is stolen during the World Series. The “Steal a Base, Steal a Taco” World Series promotion applies if a base is stolen during game one or game two of the seven-game series.
These four stocks hit postelection highs last week. Here's how to trade them before they report third quarter earnings next week.
Among the companies with shares expected to trade actively in Friday's session are Bank of America Corp., Wells Fargo & Company, Amazon.com Inc., HP Inc., Netflix Inc., Tesla Inc. and McDonald's Corp.
The great American egg glut keeps claiming victims, among them millions of hens that won’t be moving anytime soon into lodgings spacious enough for what they lay to be called “cage free.”
Taco Bell — owned by Yum! Brands, Inc. (NYSE:YUM) — announced that it was launching a clothing line at Forever 21. Forever 21 decided to carry the line of Taco Bell apparel items, which is called “Forever Taco Bell.” Fans of the restaurant marveled at the models who wore the clothing at a runway show and launch event in Los Angeles on Wednesday. One such item is a white hoodie that has small iterations of the Taco Bell logo printed in a wacky manner all over the hoodie.
One bizarre thing has happened in the red-hot stock market in 2017. Shares of perennial favorite Starbucks have acted like a dog. Is something bad brewing?
Company shares, which are trading near all-time highs, were down 4.6 percent to $199.70 in afternoon trading. Prior to Thursday's quarterly report, Domino's shares had chalked up a year-to-date gain of just over 31 percent, including a 10 percent jump in the past month. Domino's third-quarter profit grew 19.5 percent to $56.4 million.
McDonald's has made a living selling meat to the masses. Recognizing the trend in plant-based demand, they've made a foray into the vegan market.
The fast-food world wants you to eat chicken tenders or nuggets instead of wings or hamburgers. That's because the white-meat pieces of poultry cost them less than on-the-bone wings or ground beef. McDonald's ...
Shares of McDonald’s Corporation (NYSE:MCD), while higher by about 34% for the year, until earlier this week spent a few months in a consolidation phase. To wit, McDonald’s is scheduled to report its next batch of earnings on Oct. 24, which is to say that “trading positions” in my eye should be closed before these reports and reevaluated for new trades once earnings have passed. When I last discussed MCD stock on June 6, I offered a cautious tone and called the stock near-to-intermediate-term overbought.
Peter Saleh, BTIG managing director, discusses Domino's shares sliding after beating on the top and bottom line in its recent earnings report.