-
Mid-Day Market Update: Dow Jumps Over 500 Points; Seagate Shares Surge On Upbeat Results
Thursday, January 27, 2022 - 1:11pm | 925The 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...
-
Mid-Morning Market Update: US Markets Open Higher As GDP Rises 6.9% In Fourth Quarter
Thursday, January 27, 2022 - 11:15am | 979US 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 Stock Slides After Q4 Earnings Miss
Thursday, January 27, 2022 - 10:44am | 220McDonald'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...
-
A Peek Into The Markets: US Stock Futures Edge Higher Ahead Of Earnings, Economic Reports
Thursday, January 27, 2022 - 6:21am | 815Pre-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...
-
7 Stocks To Watch For January 27, 2022
Thursday, January 27, 2022 - 5:49am | 444Some 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...
-
10 Biggest Price Target Changes For Wednesday
Wednesday, January 26, 2022 - 8:36am | 425Keybanc 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-...
-
10 Biggest Price Target Changes For Monday
Monday, January 3, 2022 - 9:20am | 394Wells 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 Bumps Up McDonald's Price Target By 21%
Monday, January 3, 2022 - 8:38am | 223Piper 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...
-
10 Biggest Price Target Changes For Wednesday
Wednesday, December 29, 2021 - 9:49am | 394Tigress 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 To Acquire Personalization Platform Dynamic Yield From McDonald's
Tuesday, December 21, 2021 - 12:15pm | 285Mastercard 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 (...
-
McDonald's Corporation Climbs to Annual-High Share Price
Tuesday, December 7, 2021 - 12:21pm | 596Shares 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...
-
The Stockout: Beyond Meat Shares Battered as 4Q Outlook Disappoints
Friday, November 12, 2021 - 12:14pm | 1139Beyond 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...
-
McDonald's Corporation: The Winning Streak Continues
Thursday, November 4, 2021 - 1:21pm | 637Shares 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....
-
BTS Launching NFTS: Will They Be In Demand And 'Smooth Like Butter'?
Thursday, November 4, 2021 - 1:05pm | 507One 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...
-
Tight U.S. and UK Job Markets put Upward Pressure on Wages and Prices
Tuesday, November 2, 2021 - 11:25am | 568Snapshot U.S Treasury Secretary Janet Yellen stated today that she expects a revival in U.S. labor force participation, although she was uncertain to what degree the current decline was transitory or permanent. Her comments were made at an event in Dublin, Ireland where she was attending the United...