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Stocks To Watch For September 23
Friday, September 23, 2011 - 4:01am | 176Some of the stocks that may grab investor focus today are: Nike Inc (NYSE: NKE) reported a 15% rise in its fiscal first-quarter profit. The company's results beat Wall Street's expectations. Nike shares surged 5.38% to $88.71 in after-hours trading. Wall Street expects KB Home (NYSE: KBH) to...
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McDonald's & Starbacks: Iconic brands
Thursday, September 22, 2011 - 8:00pm | 152by Glenn Rogers, contributing editor Gordon Pape's Internet Wealth Builder The markets have been crazy of late so we need to stay defensive. This month I want to recommend two iconic brands. McDonalds (MCD) and Starbucks (SBUX) both offer the broad global footprints that come with geographic...
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ETF Showdown: Discretionary Dual
Friday, September 16, 2011 - 3:11pm | 481The alleged economic recovery has been anemic at best and the U.S. unemployment rate remains far too high. Still, the U.S. consumer, which contributes two-thirds of this nation's GDP, has been pretty resilient. On Wednesday, the Commerce Department said retail sales showed no significant increase....
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McDonald's Trading Down 5%
Friday, September 9, 2011 - 1:22pm | 146Shares of blue-chip standout McDonald's (NYSE: MCD) are on sale today after the company missed same-store sales estimates. McDonald's reported that restaurants open at least 13 months saw sales rise 3.5%, which compared to 4.9% in the year ago period and missed Wall Street expectations of 4.3%. U.S...
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Is McDonald's Headed To The Dollar Menu?
Friday, September 9, 2011 - 9:55am | 609McDonald's (NYSE: MCD) missed analyst estimates on same-store-sales back in June, and many discounted it as a one-off event. Now the company did it again. Investors are beginning to ask themselves: Is this the sign of a trend? With shares down almost 3% this morning in early Friday trading,...
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McDonald's Delivers 100th Consecutive Month of Positive Global Comparable Sales - August up 3.5%
Friday, September 9, 2011 - 8:02am | 78McDonald's Corporation (NYSE: MCD) today announced global comparable sales growth of 3.5% in August. Performance by segment was as follows: U.S. up 3.9% Europe up 2.7% Asia/Pacific, Middle East and Africa down 0.3% "August marks our 100th consecutive month of global comparable sales growth,...
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Stocks To Watch For September 9
Friday, September 9, 2011 - 3:02am | 186Some of the stocks that may grab investor focus today are: Wall Street expects Kroger Company (The) (NYSE: KR) to report its Q2 EPS at $0.43 on revenue of $20.51 billion. KR shares climbed 0.64% to $23.50 in after-hours trading. Texas Instruments Inc (NYSE: TXN) lowered its sales and earnings...
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Deutsche Bank Maintains Buy on McDonald's
Thursday, September 8, 2011 - 8:54am | 115Deutsche Bank is out with its report today on McDonald's (NYSE: MCD), maintaining Buy. In its report, Deutsche Bank writes, "On Sept 7, MCD hosted a China investor day in Shanghai. We met with APMEA and China mgmt. teams and visited two Shanghai restaurants. While current trends were not discussed...
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S&P Endorses Two Dividend ETFs
Wednesday, September 7, 2011 - 12:01pm | 371An ugly August and a similar start to September has led to some juicy yields for select dividend ETFs and the folks at S&P Equity Research have identified a pair that have the right mix of diversified holdings, low costs and high yield. By S&P's own admission, finding dividend ETFs that...
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McDonald's Canada Invests $1 Billion in Brand Transformation
Wednesday, September 7, 2011 - 8:54am | 97McDonald's (NYSE: MCD) Canada today announced it is investing approximately $1 billion to undertake its biggest store-by-store brand transformation in the company's 44-year Canadian history. The company is placing unparalleled focus on re-invigorating the look, feel and function of the majority of...
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UPDATE: Goldman Sachs Initiates Dunkin' Brands at Sell
Tuesday, September 6, 2011 - 8:43am | 169Goldman Sachs is out with its report today on Dunkin' Brands (NASDAQ: DNKN), initiating DNKN at Sell. In its report, Goldman Sachs writes, "We initiate coverage of DNKN with a Sell rating and $23 target, implying 15% downside, versus our Restaurant coverage group's average 6% upside. We like DNKN'...
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Cosi Appoints Chairman Mark Demilio as Interim CEO
Wednesday, August 31, 2011 - 4:00pm | 91Così, Inc. (NASDAQ: COSI) today announced that its Board of Directors has appointed Chairman of the Board Mark Demilio, 55, as interim Chief Executive Officer of the Company following the resignation of James Hyatt, 54. Mr. Hyatt has resigned as Chief Executive Officer and President of the...
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Seattle's Best Coffee Opens Doors of 12 New Locations in Second Half of Fiscal Year
Wednesday, August 31, 2011 - 9:05am | 80Seattle's Best Coffee, part of Starbucks Corporation (NASDAQ: SBUX), today announced the addition of 12 new locations, which have opened since April 2011. In recent weeks, the final two locations planned for this fiscal year opened, completing a portfolio of locations in a variety of venues, such...
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Financial Breakfast for August 30, 2011
Tuesday, August 30, 2011 - 7:41am | 655This is your Benzinga news summary and traders' outlook for Tuesday, August 30, 2011, covering headlines from overnight and Tuesday's pre-market session. Today in domestic pre-market trading, U.S equity futures are trading lower. At last check, S&P futures are down by about 5 points or (0.43...
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A Peek Into The Market Before The Trading Starts
Tuesday, August 30, 2011 - 7:31am | 382Pre-open movers US stock futures are lower this morning, as investors are awaiting consumer confidence data and the minutes of the recent Federal Open Market Committee. Futures for the Dow Jones Industrial Average dipped 49 points to 11,468.00 and S&P 500 index futures fell 6.30 points to 1,201...