Restaurants

US stocks turned lower in another volatile trading session on Thursday despite stronger-than-expected GDP data. The country’s economy grew 6.9% on quarter during the last three months of previous year, up from 2.3% expansion in the prior quarter and also above market estimates of 5.5%. Toward...

The Dow Jones extended gains, surging by more than 500 points. The country’s economy grew 6.9% on quarter during the last three months of previous year, up from 2.3% expansion in the prior quarter and also above market estimates of 5.5%. Midway through trading Thursday, the Dow traded up 1.57...

US stocks opened on a strong note on Thursday after the country’s economy grew 6.9% on quarter during the last three months of previous year, up from 2.3% expansion in the prior quarter and also above market estimates of 5.5%. Following the market opening, the Dow traded up 1.43% to 34,657.34...

McDonald's Corp (NYSE: MCD) reported fourth-quarter FY21 sales growth of 13% year-on-year, to $6.01 billion, missing the analyst consensus of $6.03 billion. Global comparable sales increased 12.3% (10.8% on a 2-year basis). U.S. comparable sales increased 7.5% (13.4% on a 2-year...

Pre-open movers U.S. stock futures traded slightly higher in early pre-market trade after the Dow Jones dropped by more than 100 points in the previous session. Investors are awaiting earnings results from McDonald's Corporation (NYSE: MCD), Apple Inc. (NASDAQ: AAPL), Mastercard...

Some of the stocks that may grab investor focus today are: Wall Street expects McDonald's Corporation (NYSE: MCD) to report quarterly earnings at $2.34 per share on revenue of $6.03 billion before the opening bell. McDonald's shares rose 0.9% to $251.99 in after-hours trading. Analysts...

Keybanc boosted McDonald's Corporation (NYSE: MCD) price target from $275 to $285. McDonald's shares rose 1% to $253.07 in pre-market trading. SVB Leerink raised UnitedHealth Group Incorporated (NYSE: UNH) price target from $480 to $550. UnitedHealth shares rose 0.5% to $459.15 in pre-...

Wells Fargo cut the price target on Ross Stores, Inc. (NASDAQ: ROST) from $135 to $120. Ross Stores shares fell 0.4% to $113.80 in pre-market trading. Piper Sandler lifted McDonald's Corporation (NYSE: MCD) price target from $232 to $282. McDonald's shares rose 1.1% to $271.00 in pre-...

Piper Sandler analyst Nicole Miller Regan upgraded McDonald's Corp (NYSE: MCD) to Overweight from Neutral with a price target of $282, up from $232, implying a 5.21% upside. The analyst said recent survey work had left her "incrementally confident" around...

Tigress Financial lifted the price target on McDonald's Corporation (NYSE: MCD) from $271 to $314. McDonald's shares fell 0.1% to close at $267.88 on Tuesday. Argus Research boosted the price target on Cintas Corporation (NASDAQ: CTAS) from $410 to $490. Cintas shares rose 0.5% to...

Mastercard Inc (NYSE: MA) has agreed with McDonald's Corp (NYSE: MCD) to acquire the personalization platform and decision engine company, Dynamic Yield. The financial terms were not disclosed. McDonald's purchased Dynamic Yield in 2019. The software-as-a-service (...

Shares of McDonald’s Corporation (NYSE: MCD) traded today at $259.97, eclipsing its 12-month high. Approximately 625,000 shares have changed hands today, as compared to an average 30-day volume of 2.8 million shares. McDonald’s Corporation is currently priced 37.5% above its average...

Beyond Meat sell-off further ignites debate about demand for plant-based protein. From my perspective, Beyond Meat's (NASDAQ: BYND) earnings and the fallout have been the most interesting CPG-related news this week. The recent returns for shareholders have been ugly — down 20% in the past week and...

Shares of McDonald’s Corporation (NYSE: MCD) traded at a new 12-month high today of $252.49. Approximately 667,000 shares have changed hands today, as compared to an average 30-day volume of 2.8 million shares. Based on a current price of $252.20, McDonald’s Corporation is currently 35....

One of the most popular bands in the world is joining the non-fungible token market with a new joint venture. What Happened: Hybe, a South Korean agency, is partnering with Dunamu, on a joint venture that will bring NFTs of BTS to market. Hybe is paying $423.1 million to acquire a 2.5% stake...