Restaurants

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 controls McDonald's China, together with Trustar Capital, has been...

Morgan Stanley analyst Brian Harbour said for the restaurants and food service distributors, Q1 may be the last rising tide quarter driven by both good economic data and easier laps to start the period. The analyst said the focus will shift to more idiosyncratic drivers of sales, signs of...

Oppenheimer analyst Brian Bittner reiterated an Outperform rating on the shares of McDonald's Corp (NYSE: MCD) and raised the price target from $304 to $315. The analyst said there is a bullish set up for U.S. same-store sales as the company has the strongest brand...

A top executive at McDonald's (NYSE: MCD) reportedly asserted that Twitter CEO Elon Musk's "free speech" agenda at Twitter has been "perpetuating racism."  According to a leaked email chain obtained by Semafor, executives from McDonald's...

Bloomberg UBS Prepping For Massive Layoffs Amid Credit Suisse Takeover UBS Group AG (NYSE: UBS), which agreed to buy peer Credit Suisse AG (NYSE: CS) in a central-bank-brokered deal, is preparing to eliminate about 20 to 30% of jobs worldwide. UBS is expected to announce up to 36,...

With US futures trading lower this morning on Monday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Science Applications International Corporation (NYSE: SAIC) to post quarterly earnings at $1.66 per share on revenue of $1.86 billion before the opening...

Keybanc raised the price target for Intuit Inc. (NASDAQ: INTU) from $450 to $475. Keybanc analyst Josh Beck maintained an Overweight rating. Intuit shares fell 1.8% to close at $419.33 on Tuesday. Tigress Financial raised the price target for Airbnb, Inc. (NASDAQ: ABNB) from $160 to $185....

Needham analyst Chris Pierce reinstates Blink Charging Co (NASDAQ: BLNK) with a Hold. Pierce maintains growth conviction ahead for U.S. public EV charging infrastructure. However, the analyst believes BLNK's shifting revenues with its four-pronged business model creates...

A Delaware court has reportedly ruled in favor of McDonald's Corp (NYSE: MCD) board members, saying they did not mishandle sexual harassment and misconduct allegations. The ruling has overturned shareholders' allegations against the board members of violation of duty, the ...

Add up the market valuation of Apple Inc. (NASDAQ: AAPL), all the cryptos in the world and entrepreneur Jeff Bezos’s fortune, and you get to over $3 trillion. But one 80-year-old man has created something bigger than all three of these combined. These days, he shuns the spotlight and lives on...

McDonald's Corp (NYSE: MCD) celebrity-sponsored meals are reportedly receiving disapproval from franchisees, saying some artists don't mirror the company's values. Some McDonald's restaurant owners in the U.S. have raised concerns over its collaborations with celebrities,...

Wells Fargo boosted the price target for Hershey Co (NYSE: HSY) from $220 to $230. Wells Fargo analyst Chris Carey maintained an Underweight rating. Hershey shares fell 0.8% to $232.44 on Friday. B. Riley Securities raised the price target for Kulicke and Soffa Industries Inc. (NASDAQ: KLIC)...

Credit Suisse boosted the price target for Mondelez International, Inc. (NASDAQ: MDLZ) from $70 to $76. Credit Suisse analyst Robert Moskow maintained an Outperform rating. Mondelez shares rose 1.8% to $66.61 in pre-market trading. Oppenheimer raised the price target for Amdocs Limited (NASDAQ...

The CNN Money Fear and Greed index showed some improvement in overall sentiment among US investors. US stocks closed higher on Tuesday ahead of the much-awaited policy decision from the Federal Reserve. McDonald's Corp (NYSE: MCD) shares fell 1.3% on Tuesday after the company reported fourth-...

Cowen analyst Andrew M. Charles reiterated an Outperform rating on the shares of McDonald's Corp (NYSE: MCD) with a price target of $293. McDonald's reported 4Q adj. EPS of $2.59, which beat the analyst's $2.44 estimate and $2.46 consensus. The analyst noted that...