Restaurants

  Barclays cut The Goldman Sachs Group, Inc. (NYSE: GS) price target from $450 to $410. Goldman Sachs shares fell 0.9% to $311.00 in pre-market trading. Citigroup cut Microsoft Corporation (NASDAQ: MSFT) price target from $300 to $282. Microsoft shares fell 0.8% to $236.72 in pre-market...

McDonald’s Corp (NYSE: MCD) said its Board of Directors approved a 10% increase in quarterly cash dividend to $1.52. The dividend is payable on December 15, 2022, to shareholders of record at the close of business on December 1, 2022.   The new dividend of $1.52...

Pre-open movers U.S. stock futures traded lower in early pre-market trade on Friday after closing sharply higher in the previous session. The Dow Jones jumped by more than 800 points in the previous session after annual inflation rate in the US eased for the third straight month to 8.2% in...

With US stock futures trading slightly higher this morning on Friday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Morgan Stanley (NYSE: MS) to report quarterly earnings at $29.58 per share on revenue of $266.82 billion before the opening bell. Morgan...

Morgan Stanley analyst John Glass raised the price target of Chipotle Mexican Grill Inc (NYSE: CMG) and Wingstop Inc (NASDAQ: WING) to $1,847 and $128, respectively. Glass slashed the price target of Domino's Pizza Inc (NYSE: DPZ), ...

Credit Suisse cut the price target on Alphabet Inc. (NASDAQ: GOOGL) from $140 to $134. Credit Suisse analyst Stephen Ju maintained an Outperform rating on the stock. Alphabet shares fell 1.2% to $96.69 on Tuesday. Wedbush cut the price target for McDonald's Corporation (NYSE: MCD) from $...

McDonald's Corp (NYSE: MCD) has temporarily beaten a lawsuit filed by former black franchise owners. The lawsuit was filed by fifty-two black franchise owners, accusing the company of leading them to failure by driving them to set up shops in crime-ridden, low-income neighborhoods. Also...

The National Franchisee Leadership Alliance representing McDonald's Corp (NYSE: MCD) restaurant owners said the company had rejected their proposal to delay franchising policy change. In a letter to the owners of the alliance, McDonald's denied the request to make changes in June...

Citigroup cut McDonald's Corporation (NYSE: MCD) price target from $275 to $246. McDonald's shares rose 0.5% to $245.00 in pre-market trading. Cowen & Co. cut Domino's Pizza, Inc. (NYSE: DPZ) price target from $410 to $362. Domino's shares rose 2.4% to $332.44 in pre-market...

Pre-open movers U.S. stock futures traded mixed in early pre-market trade on Monday after recording losses on Friday. The Dow recorded a fresh low for the year, settling below the major 30,000 level for the first time since June 17. The major indices notched their fifth negative week in six, as the...

With US stock futures trading lower this morning on Friday, some of the stocks that may grab investor focus today are as follows: Hologic, Inc. (NASDAQ: HOLX) authorized a stock buyback program of up to $1 billion. Hologic shares gained 0.4% to close at $62.98 on Friday. bluebird bio, Inc. (...

McDonald's Corp (NYSE: MCD) is planning to establish a new facility, Speedee Labs, focused on driving the customer experience at its global headquarters (MHQ) in Chicago. The facility will bring teams from McDonald's corporate office and the existing Innovation Center (IC) in...

In separate SEC documents, Target Corporation (NYSE: TGT) filed to raise about $1 billion in bonds due 2032 and McDonald's Corp (NYSE: MCD) about $1.5 billion in two-part bonds due 2052 and 2032. As per the Reuters report, the move comes ahead of a...

Wall Street Journal Disney Seeks To Pull Off An Amazon With ‘Prime-Like’ Bundle Service Walt Disney Company (NYSE: DIS) is reportedly planning to ape a tried-and-tested route to rope in more customers for its multiple services. Disney is considering launching a membership program,...

Joe Erlinger, head of McDonald Corp's (NYSE: MCD) the U.S. has criticized the California bill saying it unfairly targets big chains, CNBC reported. Earlier this week, the California state Senate passed a bill to give a council the authority to raise the industry's minimum...