-
Is Your Portfolio Protected From Porn?
Monday, December 12, 2011 - 3:20pm | 1071It really depends on how on-the-ball the corporate IT departments are of the companies you invest in. Last week, the internet opened up for sale the .xxx domain, with the idea of allowing pornography websites a way to self-select themselves out of the general domain. The Internet Corporation for...
-
Market Update
Thursday, December 8, 2011 - 2:51pm | 221Shares of Exterran Holdings Inc (NYSE: EXH) dropped about 6.7% after the company appointed Brad Childers as president and chief executive officer of Exterran. The company's board also appointed William Austin as executive vice president and chief financial officer of Exterran Holdings. Shares of...
-
JP Morgan Raises PT on McDonald's to $102
Thursday, December 8, 2011 - 2:00pm | 26JP Morgan has raised the price target on McDonald's (NYSE: MCD) from $99 to $102 and maintains its Overweight rating.
-
Bank of America Raises PO on McDonald's to $107
Thursday, December 8, 2011 - 12:24pm | 145Bank of America has published a research report on McDonald's (NYSE: MCD) and has raised the price objective from $98 to $107. In the report, Bank of America writes, "We continue to rate MCD shares Buy and are raising our price objective from $98 to $107 as we also boost EPS estimates from $5.18...
-
Jefferies Raises PT on McDonald's to $95
Thursday, December 8, 2011 - 11:10am | 149Jefferies & Company has published a research report on McDonald's (NYSE: MCD) and has raised the price target from $88 to $95 after the company reported its November SSS. In the report, Jefferies writes, "McRib popularity & strength at breakfast continue to drive results, along with value...
-
The Golden Arches Shine a Little Brighter
Thursday, December 8, 2011 - 11:02am | 355Thursday saw McDonald's (NYSE: MCD) report a 7.4 percent rise in global November sales. According to Reuters, the sales were “led by big gains in Japan, China and a strong showing in Europe, its top revenue market.” The article states that, “The world's biggest hamburger chain said sales at...
-
Morgan Stanley Maintains Equal-weight on McDonald's After November SSS
Thursday, December 8, 2011 - 10:53am | 92Morgan Stanley has published a research report on McDonald's (NYSE: MCD) after the company reported November SSS results. In the report, Morgan Stanley writes, "Strong sales gains across the globe in November, especially key emerging markets. Europe remains solid despite macro turmoil, with few...
-
Sterne Agee Maintains Buy on McDonald's After November SSS Results
Thursday, December 8, 2011 - 10:50am | 137Sterne Agee has published a research report on McDonald's (NYSE: MCD) after the company showed November SSS that exceeded expectations. In the report, Sterne Agee writes, "McDonald's Corporation released impressive global same-store sales (SSS) of +7.4% for November, exceeding our estimate of +4.6...
-
McDonald's Reports Rise In November Comparable Sales
Thursday, December 8, 2011 - 9:26am | 51McDonald's Corp (NYSE: MCD) reported a strong rise in its worldwide November sales. McDonald's sales at restaurants open at least 13 months surged 7.4% globally. However, analysts were expecting a rise of 4.6%. McDonald's same-restaurant sales in Europe gained 6.5%. McDonald's shares gained 1....
-
McDonald's November Global Comparable Sales Rise 7.4%
Thursday, December 8, 2011 - 8:58am | 39McDonald's Corporation (NYSE: MCD) today announced global comparable sales growth of 7.4% in November. Performance by segment was as follows: U.S. up 6.5% Europe up 6.5% Asia/Pacific, Middle East and Africa up 8.1%
-
Is Darden Restaurants Losing Its Flavor?
Tuesday, December 6, 2011 - 11:33am | 152The shares of Darden Restaurants (NYSE: DRI) are down 9 percent of the session after the company announced a disappointing second quarter guidance. Darden Restaurants now sees Q2 EPS of $0.41 and 2012 revenue growth of 6.0-7.0%. "Our anticipated second quarter results reflect increased investment...
-
Nathan's Famous to Commence Dutch Auction Tender Offer to Repurchase up to 500,000 Shares of Its Outstanding Common Stock
Monday, December 5, 2011 - 5:15pm | 75Nathan's Famous, Inc. (NASDAQ: NATH) today announced that it will commence mailing to its stockholders on or about December 8, 2011 a modified Dutch Auction tender offer to purchase for cash up to 500,000 shares of its common stock, $.01 par value, at a price per share of not less than $20.00 nor...
-
UPDATE: Piper Jaffray Raises Price Target on McDonald's to $108
Monday, December 5, 2011 - 7:42am | 66According to Piper Jaffray, McDonald's (NYSE: MCD) price target is raised to $108. Piper Jaffray said that upon conclusion of its proprietary November traffic analysis it is increasing its U.S. 4Q11 comp estimate to +4.7%. “We are maintaining our 4Q11 EPS estimate of $1.29, OW rating, and are...
-
Piper Jaffray Raises PT on McDonald's to $108
Monday, December 5, 2011 - 7:13am | 26Piper Jaffray has raised the price target on McDonald's (NYSE: MCD) from $98 to $108 and maintains its Overweight rating.
-
McDonald's Scores Magnificent Win in Happy Meal Debacle
Friday, December 2, 2011 - 12:13pm | 1559By Justin Rohrlich Dec 01, 2011 3:25 pm "This is a perfect example of how hard it is to create a regulation that achieves the intended effect," says health care economist Adam C. Powell, Ph.D. Beginning today, all McDonald's (MCD) restaurants in the City of San Francisco are forbidden by law...