Restaurants

Which burger joint has the best fries is debatable, but there's no debating that Arcos Dorados Holdings Inc. (NYSE: ARCO) is the hottest stock in fast food. Arcos Dorados translates to "Golden Arches" in English.  The world's largest independent McDonald's...

Canaccord Genuity cut the price target for BCE Inc. (NYSE: BCE) from $63 to $61. Canaccord Genuity analyst Aravinda Galappatthige maintained a Hold rating. BCE shares rose 0.6% to close at $44.16 on Thursday. RBC Capital raised Intuitive Surgical, Inc. (NASDAQ: ISRG) price target from $355 to...

Keybanc boosted the price target for Spotify Technology S.A. (NYSE: SPOT) from $180 to $205. Keybanc analyst Justin Patterson maintained an Overweight rating. Spotify shares rose 0.9% to $172.68 in pre-market trading. Morgan Stanley boosted Boyd Gaming Corporation (NYSE: BYD) price target from...

Carlyle Group Inc (NASDAQ: CG) and Trustar Capital reportedly plan to exit part of their stakes in McDonald's Corp (NYSE: MCD) operations in Hong Kong and mainland China.  Carlyle and Trustar are planning to raise $4 billion from wealth funds for part of their stakes in...

This story was first published on the Benzinga India Portal. McDonald’s (NYSE: MCD) India’s North and East divisions announced on Friday their decision to remove tomatoes from their menu items due to seasonal procurement challenges. What Happened? The company...

The Dow Jones Industrial Average is up in the first six months of 2023, a rebound from a negative return in 2022. Through the first six months, 15 stocks of the 30 stocks that make up the composite index are up and 15 are down. Here’s a look at the biggest gainers in the first half of...

Arcos Dorados Holdings Inc.(NYSE: ARCO) reported first-quarter FY23 sales growth of 25.3% year-on-year to $990.79 million, beating the consensus of $953.39 million. EPS of $0.18 beat the analyst consensus of $0.13. The company mainly operates as a franchisee of McDonald's...

A look at Marketbeat's list of Most Upgraded Stocks will tell you many things. One of those is that fast food stocks are hot. Most of the top fast food stocks are listed for having the most upgrades because they are growing in 2023, outperforming their consensus estimates, and providing sound...

The most overbought stocks in the consumer discretionary sector presents an opportunity to go short on these overvalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock...

McDonald's Corp (NYSE: MCD) reported better-than-expected results for its first quarter. McDonald's reported first-quarter FY23 sales growth of 4% year-on-year to $5.89 billion, beating the consensus of $5.59 billion. Adjusted EPS of $2.63 beat the analyst consensus of $2.33. McDonald's...

TD Cowen analyst Andrew M.Charles reiterated an Outperform rating on the shares of McDonald's Corp (NYSE: MCD) with a price target of $315. McDonald's reported 1Q adjusted EPS of $2.63, that beat the analyst's $2.35 estimate. The beat was top-line-driven by...

McDonald's Corp (NYSE: MCD) reported first-quarter FY23 sales growth of 4% year-on-year to $5.89 billion, beating the consensus of $5.59 billion. Global comparable sales rose 12.6%, reflecting strong comparable sales of 12.6% across each segment.  U.S. Comparable sales...

Wedbush analyst Nick Setyan favors BJ's Restaurants Inc (NASDAQ: BJRI) and Chipotle Mexican Grill Inc (NYSE: CMG) based on the first quarter checks. The analyst had recently double upgraded BJRI to Outperform with a price target of $36. The analyst's...

Bloomberg Carlyle Seeks New Investors For McDonald's $10B China Arm Private equity company Carlyle Group Inc (NASDAQ: CG) reportedly intends to find new investors for its investment in McDonald's Corp's (NYSE: MCD) Chinese operations. The buyout firm, which...