Restaurants

While the primary focus this week will be on the Federal Reserve’s policy announcement on Wednesday, it never hurts to take a market minute to look at a few of the other focal points for investors and traders. We begin with earnings – and how! – with more than 150 S&P 500...

Benzinga 'Penalty Is Warranted' - DoT Notifies Southwest Airlines Over Holiday Flight Fiasco Southwest Airlines Co. (NYSE: LUV) has received a warning from the U.S. Department of Transportation that it may face a fine due to significant operational disruptions last December that...

McDonald's Corp (NYSE: MCD) reported third-quarter FY23 sales growth of 14% year-on-year to $6.692 billion, beating the analyst consensus estimate of $6.577 billion. Global comparable sales rose 8.8%, reflecting strong growth across each segment.  U.S. Comparable sales rose...

The Nasdaq 100 closed lower by more than 200 points on Wednesday. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company’s prospects or that they view the stock as being overpriced...

The Nasdaq 100 closed slightly lower on Friday. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company’s prospects or that they view the stock as being overpriced. Insider sales...

A recent legal case involving Burger King has taken a significant turn as a U.S. District Judge, Roy Altman, rejected Burger King's attempt to dismiss a lawsuit alleging that the fast-food chain deceived customers by portraying its Whopper sandwich as larger than it truly is....

Today's top stories for McDonald's Corp. (NYSE: MCD) encompass a labor-related compensation case in Brazil, a racial discrimination lawsuit in Chicago, and the introduction of a new McFlurry flavor in Australia. Franchise Labor Issues:  In Sao Paulo, Brazil, a court has...

Blink Charging Co (NASDAQ: BLNK) has entered into an agreement with Arcos Dorados Holdings Inc. (NYSE: ARCO) to provide EV charging solutions to five restaurants in Puerto Rico. Arcos Dorados is an independent McDonald's Corporation (NYSE: MCD) franchisee and a quick-...

Truist Securities analyst Jake Bartlett reiterated a Buy rating on the shares of The Wendy's Co (NASDAQ: WEN) with a price target of $26. WEN management acknowledges stiff competition from a dominant McDonald's Corporation (NYSE: MCD) and Restaurant...

U.S. stocks closed mostly higher on Monday, ending the July month on upbeat quarterly earnings. All three major stock indices recorded gains for July, with the S&P 500 adding 3.1% for the month Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all...

The S&P 500 closed higher on Friday, closing the week with gains. For the week, the S&P added 1.01%, while the Dow climbed 0.66%. Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at...

JP Morgan boosted the price target for Intel Corporation (NASDAQ: INTC) from $30 to $35. JP Morgan analyst Harlan Sur maintained an Underweight rating. Intel shares rose 6.8% to $36.91 in pre-market trading. Baird raised BJ's Restaurants, Inc. (NASDAQ: BJRI) price target from $28 to $36....

Hold onto your coffee cups, 'cause we're kicking off the day with GREAT news! GDP soars to 2.4% in Q2 2023. This is up from 2% in Q1. The “for sure recession" is nowhere in sight - it vanished like a magician's trick! Market Prices as of 4 pm EST, 7/26/23 Macro Sales of new...

McDonald's Corp (NYSE: MCD) reported second-quarter FY23 sales growth of 13.6% year-on-year to $6.50 billion, beating the analyst consensus of $6.29 billion. Global comparable sales rose 11.7%, reflecting strong double-digit growth across each segment.  U.S. Comparable sales...

The CNN Money Fear and Greed index showed further decline in overall sentiment among U.S. investors on Wednesday. The Dow Jones closed higher on Wednesday, recording its longest winning streak since 1987 following interest-rate decision from the U.S. Federal Reserve. The index notched gains for the...