Restaurants

Pre-open movers U.S. stock futures traded higher in early pre-market trade after closing at record highs in the previous session. Investors are awaiting earnings results from PG&E Corporation (NYSE: PCG), McKesson Corporation (NYSE: MCK), Clorox Co (NYSE: CLX), and ON Semiconductor Corp...

Oppenheimer lowered Teladoc Health, Inc. (NYSE: TDOC) price target from $220 to $200. Teladoc Health shares fell 4.3% to $132.68 in pre-market trading. Needham boosted the price target on KLA Corporation (NASDAQ: KLAC) from $390 to $400. KLA Corporation shares rose 4% to $354.27 in pre-market...

McDonald’s Corp (NYSE: MCD) reported third-quarter FY21 sales growth of 14% year-on-year, to $6.2 billion, beating the analyst consensus of $6.03 billion. Global comparable sales increased 12.7% (10.2% on a 2-year basis). Comparable sales in the U.S. rose 9.6%, and the...

With no big tech stocks announcing before the open, the equity futures markets are mixed as investors consider other sectors. However, yesterday’s big tech had plenty of news that took the S&P 500 (SPX) to another record high. Let’s look at some of this morning’s...

Pre-open movers U.S. stock futures traded slightly lower in early pre-market trade after the Dow Jones and S&P 500 closed at record highs in the previous session. Investors are awaiting earnings results from Coca-Cola Co (NYSE: KO), General Motors Company (NYSE: GM), McDonald's Corp (...

Some of the stocks that may grab investor focus today are: Wall Street expects Coca-Cola Co (NYSE: KO) to report quarterly earnings at $0.58 per share on revenue of $9.75 billion before the opening bell. Coca-Cola shares fell 0.2% to $54.37 in after-hours trading. Analysts are expecting General...

Beyond Meat Inc (NASDAQ: BYND) reported third-quarter revenues below its guidance. The revenue miss “reinforces our view” that the company is reaching market saturation earlier than was previously anticipated and may miss its internal growth targets, according to Credit Suisse. The...

Gainers   Biomerica, Inc. (NASDAQ: BMRA) shares surged 38% to close at $6.21 on Friday. Biomerica entered into a Supplier Agreement with Walmart to sell its EZ Detect colorectal disease screening test within the Walmart retail system. Exscientia Limited (NASDAQ: EXAI) rose 23.2% to...

Gainers Biomerica, Inc. (NASDAQ: BMRA) shares climbed 38.3% to $6.23. Biomerica entered into a Supplier Agreement with Walmart to sell its EZ Detect colorectal disease screening test within the Walmart retail system. Progenity, Inc. (NASDAQ: PROG) gained 23% to $1.87 after jumping over 40% on...

With Treasury yields losing a bit of their grip and volatility edging lower, stocks have a slight green tint this final morning of the quarter.  Barring one of the greatest rallies ever, September is going to be a down month.  A little progress in Washington’s budget...

McDonald's Corp (NYSE: MCD) Board of Directors has raised the quarterly cash dividend to $1.38 per share of common stock, payable on December 15, 2021, to shareholders of record at the close of business on December 1, 2021.  The dividend rate represents a 7% increase over...

“Buy the dip” is facing its toughest test in a month.  If you think back to mid-July, the major indices tanked as concerns about the Delta variant and Fed tapering ramped up. The same factors helped set off the market’s worst drop in four weeks Tuesday and could keep...

Nathan's Famous Inc (NASDAQ: NATH) reported first-quarter FY22 revenue growth of 77% year-on-year, to $31.32 million. Branded product program revenue increased 236.8% Y/Y, Product licensing rose 1.5%, and Restaurant operations gained 99.3%. The operating margin was 34.2%, and...