|Bid||158.45 x 800|
|Ask||158.47 x 900|
|Day's Range||157.58 - 158.64|
|52 Week Range||146.84 - 178.70|
|PE Ratio (TTM)||23.92|
|Earnings Date||Jul 26, 2018|
|Forward Dividend & Yield||4.04 (2.53%)|
|1y Target Est||186.50|
Comcast, eBay, Microsoft, McDonald’s and Amazon are the companies to watch.
FBN's Nicole Petallides on McDonald's offering free french fries every Friday for the rest of the year if you sign up for the mobile app and make a purchase of at least $1.
American Express Company (NYSE:AXP) was arguably the day’s biggest story, with shares up 1.8% headed into its post-close earnings report, though fell 2.7% after hours when revenue fell short of estimates. International Business Machines (NYSE:IBM) took a different path. To that end, Coca-Cola (NYSE:KO), AbbVie (NYSE:ABBV) and McDonald’s (NYSE:MCD) are lining up as Thursday’s top prospects.
Tim Horton’s is coming to China. Imagine 1,500 stores competing directly with Starbucks Corp. (NASDAQ:SBUX) and its planned 5,000 store network. Imagine Chinese going around wearing beanies and talking about hockey. Yes, it’s a cute story, but what’s underneath is what fascinates me, not least because I’ve been invested in Tim Horton parent Restaurant Brands International Inc. (NYSE:QSR) since 2015.
McDonald’s, one of the largest sources of food delivery across the globe, is partnering with Uber Eats to give away ‘90’s-inspired clothing items and accessories to McDelivery customers around the world. McDonald’s Global McDelivery Day is occurring in 24 markets, with the majority on July 19th, including the United States. In the U.S., fans can get their hands on a free surprise item from the Throwback Collection while supplies last with a $5 minimum McDelivery* order from a participating restaurant on July 19, beginning at lunchtime**.
The case is set to determine whether McDonald's is liable for the violations by franchisees across the U.S.
McDonald's (MCD) sales building initiatives are driving global comparable sales. Also, increase in global guest count bodes well for the company.
Marriott International Inc. (mar) said Wednesday that it will remove plastic straws and stirrers at more than 6,500 properties around the world. The hotel chain joins a list of companies that includes Hyatt Hotels Corp. (h) Starbucks Corp. (sbux) and McDonald's Corp. (mcd) that have also unveiled plans to eliminate plastic straws. Marriott says the move would end the use of one billion plastic straws and a quarter billion plastic stirrers each year.
Under review this morning are these four equities: Jack in the Box Inc. (NASDAQ: JACK), McDonald’s Corp. (NYSE: MCD), The Cheesecake Factory Inc. (NASDAQ: CAKE), and The Wendy’s Co. (NASDAQ: WEN). On Tuesday, shares in San Diego, California headquartered Jack in the Box Inc. recorded a trading volume of 569,458 shares.
Although it's clear that Starbucks (SBUX) and McDonald's (MCD) are clear rivals, especially when it comes to quick coffee, they are now teaming up to create a recyclable cup that is part of the food industry's effort of using less plastic in packaging.
The golden arches aren’t getting any lovin’ from investors this year, as McDonald’s Corp. ( MCD) is among the Dow Jones Industrial Average’s worst performing stocks this year. Down already 7.2% since the start of January, the popular fast-food chain is on track for its worst performance since 2012, and there’s still plenty of downside according to asset management firm Piper Jaffray. Craig Johnson, the firm’s chief market technician, outlined a scenario on CNBC’s Trading Nation on Monday where McDonald’s shares could fall to a $130 price support level, implying further downside of nearly 19%.
The settlement proposed in March lacked important details and would probably not bring an end to the sprawling case that began in 2012, National Labor Relations Board (NLRB) Administrative Law Judge Lauren Esposito in New York said in a written opinion. The settlement would have allowed McDonald's to avoid a ruling that it is a "joint employer" of workers at McDonald's franchises and can be held liable when franchisees violate federal labor law and made to bargain with unions.
A judge with a U.S. labor agency on Tuesday rejected McDonald's Corp's proposed settlement of a major case on whether the fast-food company is accountable for alleged labor law violations by franchisees across the country. The settlement proposed in March lacked important details and would probably not bring an end to the sprawling case that began in 2012, National Labor Relations Board (NLRB) Administrative Law Judge Lauren Esposito in New York said in a written opinion. The settlement would have allowed McDonald's to avoid a ruling that it is a "joint employer" of workers at McDonald's franchises and can be held liable when franchisees violate federal labor law and made to bargain with unions.
McDonald’s Corp. failed to win approval to resolve a bitter dispute with franchise employees who claim they were fired for participating in a national movement for union rights and $15 wages in fast food. A National Labor Relations Board administrative law judge wrote Tuesday that “certain fundamental elements of any effective settlement are lacking.” Such a complicated settlement in a case loaded with confusion and a “history of antagonism” virtually guarantees the accord won’t work, she said. Critics including Senator Elizabeth Warren had accused the labor board’s Trump-appointed general counsel of trying to railroad workers into a rushed settlement.
Together the companies have committed $15 million and they invite others companies to join the initiative to create a more sustainable cup option.
McDonald’s is about to make another BIG statement. And I mean that in both a very literal AND figurative way as the new flagship McDonald’s eatery looks to be in the final stages of construction at 600 N. Clark St. in the heavily-trafficked River North neighborhood. The complete McDonald's restaurant complex is comprised of a very tall and very sprawling white metal canopy that appears to smother the somewhat smaller glass box beneath that presumably will house the restaurant itself. Giant golden arch signage adorns the corners of the canopy. And thank God for that, because without those arches, passersby just might mistake this edifice for Chicago’s answer to the Taj Mahal. At least that was the first thought that crossed my mind when I happened upon this rather overbearing McDonald’s statement structure.
McDonald's said Tuesday it is joining with Starbucks and Closed Loop Partners to develop a cup that could be mass produced from materials that are recyclable, compostable or both.
McDonald’s Corp. removed salads from 3,000 restaurants in 14 states after the products were linked to gastrointestinal illnesses in Iowa and Illinois. Iowa’s Department of Public Health said Thursday 15 people in that state reported getting sick with cyclospora infections after eating McDonald’s salads between late June and early July. The Illinois Department of Public Health said 90 people have been sickened by cyclosporiasis, and that a quarter of them reported eating salads from McDonald’s before becoming ill.
McDonald's is stopping the sale of salads at 3,000 restaurants after people became sick from a parasite causing intestinal illness. The Chicago-based fast-food chain said Friday it's acting "out of ...