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UPDATE: Credit Suisse Raising Price Target on McDonald's
Monday, October 24, 2011 - 7:55am | 127Credit Suisse is out with a research report on McDonald's Corp (NYSE: MCD) and is raising its price target to $104 from $97, and it has a Outperform rating on shares. In a note to clients, Credit Suisse writes, "A great run, and still plenty of reasons to own the shares: MCD has a clear roadmap to...
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End-of-Day Market Summary for October 21, 2011
Friday, October 21, 2011 - 4:14pm | 783This is your Benzinga news summary and traders' summary for Friday, October 21, 2011, covering headlines from Friday's trading session. Today at market close, the Dow Jones Index traded up about points or 2.31%, the S&P 500 traded 1.88% higher, the Nasdaq Composite Index traded up 1.49%, and...
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Deutsche Bank Comments On McDonald's 3Q EPS Beat
Friday, October 21, 2011 - 9:00am | 159Deutsche Bank has published a research report on McDonald's (NYSE: MCD) after the company reported a 3Q EPS beat. In the report, Deutsche Bank writes, "MCD posted 3Q EPS of $1.45 (+12% y/y), which was above our est. of $1.41 and Consensus Metrix of $1.42. Revenue of $7.166bn was ~2% ahead of our...
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US Stock Futures Up Ahead Of EU Summit; GE Earnings In Focus
Friday, October 21, 2011 - 6:22am | 413US stock futures are higher this morning, ahead of the weekend's EU summit. Futures for the Dow Jones Industrial Average surged 37 points to 11,509.00 and S&P 500 index futures rose 4.30 points to 1,214.20. Nasdaq 100 futures gained 10 points to 2,311.00. US stocks closed mostly higher on...
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Earnings Scheduled For October 21
Friday, October 21, 2011 - 3:45am | 406McDonald's Corp (NYSE: MCD) is projected to report its Q3 earnings at $1.43 per share on revenue of $7.02 billion. Sun Trust Banks Inc (NYSE: STI) is estimated to report its Q3 EPS at $0.35 on revenue of $2.16 billion. General Electric Company (NYSE: GE) is projected to report its Q3 EPS at $0....
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Stocks To Watch For October 21
Friday, October 21, 2011 - 3:21am | 204Some of the stocks that may grab investor focus today are: Wall Street expects General Electric Company (NYSE: GE) to report its Q3 EPS at $0.31 on sales of $34.8 billion. GE shares gained 0.30% to $16.68 in after-hours trading. Microsoft Corp (NASDAQ: MSFT) reported its FQ1 profit at $0.68 per...
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McDonald's Earnings Preview: Analysts Expect Higher EPS, Revenue
Tuesday, October 18, 2011 - 3:40pm | 534McDonald's (NYSE: MCD) announces its next round of earnings this Friday, October 21, 2011. Get prepared with Benzinga's ultimate preview for McDonald's' third quarter earnings. Earnings and Revenue: Analysts are predicting an EPS reading of $1.43/share and revenues of $7.01 billion. McDonald's'...
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A Look Ahead: Next Week's ETFs to Watch
Friday, October 14, 2011 - 4:26pm | 436Good news: U.S. stocks shrugged off troublesome out of Europe Thursday after the close to focus on earnings reports, including a stellar one from Google (Nasdaq: GOOG). Should that trend continue, the rally will continue to legitimize itself and send stocks and other riskier assets into year-end in...
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Piper Jaffray Maintains Overweight Rating on McDonald's
Friday, October 14, 2011 - 7:54am | 59According to Piper Jaffray, McDonald's (NYSE: MCD) Overweight rating is maintained. Piper Jaffray said that upon conclusion of its proprietary September traffic analysis it is increasing its U.S. 3Q11 comp estimate to +4.1%. “We are maintaining our 3Q11 EPS estimate of $1.45, OW rating, and our $...
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Fast Money Picks For October 14th (QCOM, VLO, BP, STJ, MCD, GOOG, AAPL, TER)
Thursday, October 13, 2011 - 8:20pm | 288On CNBC's Fast Money, Stephen Weiss suggested a long position in QUALCOMM, Inc. (NASDAQ: QCOM). It is his favorite tech stock. QUALCOMM, Inc. (QCOM) gained 2.44%, and closed at $53.31. Brian Stutland is bullish on Valero Energy Corporation (NYSE: VLO) and BP plc (ADR) (NYSE: BP). Valero (VLO)...
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What's Hot On TheStreet
Tuesday, October 11, 2011 - 2:03pm | 247Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet Why Netflix Finally Listened to Its Customers After making its customers angry for the past three months, Netflix (NASDAQ: NFLX_) is finally trying to make things right. Retailers Reap Rewards of Debit Fee...
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Five Discretionary ETFs Your Broker Forgot To Mention
Monday, October 10, 2011 - 12:34pm | 569No, these are not the best of times for the U.S. consumer. With tepid gains in jobs, a stubbornly high unemployment rate and other economic data points that are merely lukewarm at best, many investors may not believe this is the time to cozy up to ETFs with a discretionary or retail focus. On the...
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McDonald's, MasterCard and Five Other Stocks Worth a Look Now
Thursday, September 29, 2011 - 2:33pm | 850The following dividend-paying companies offer attractive returns on equity and are expected to have strong earnings per share growth over the next five years. Their stocks are also trading within shouting distance of their 52-week highs. Limited Brands (NYSE: LTD): This Columbus, Ohio-based...
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Which is the Better Fast Food Company: McDonald's or Yum Brands?
Wednesday, September 28, 2011 - 2:46pm | 744This morning J.P. Morgan put out a research note on Yum! Brands (NYSE: YUM), but also included in the note was McDonald's (NYSE: MCD), as J.P. Morgan compares who is the better fast food play. According to J.P. Morgan, Yum Brands is the better play in the short to medium term, but McDonald's is...
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Fitch Rates McDonald's $500M Note Issuance 'A'; Outlook Stable
Tuesday, September 27, 2011 - 6:45pm | 41Fitch Ratings has assigned an 'A' rating to McDonald's (NYSE: MCD) newly issued $500 million 2.625% 10.25-year senior unsecured notes due Jan. 15, 2022. The Rating Outlook is Stable. At June 30, 2011, McDonald's had $12.3 billion of total debt.