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Stock Market & Financial Investment News

News Breaks
January 7, 2013
14:22 EDTBWLD, MCDMcDonald's poised to expand chicken wing test, AP reports
McDonald's (MCD) is set to begin selling chicken wings in Chicago this week as a test, after a similar test in Atlanta, according to the Associated Press. Chicken wing prices have been increasing over the past year as more restaurants begin selling them, the news service quoted an agriculture economist at the U.S. Department of Agriculture as saying. The prices could continue to rise, AP added. Buffalo Wild Wings (BWLD) is down 1.5% in mid-afternoon trading. Reference Link
News For MCD;BWLD From The Last 14 Days
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August 30, 2015
12:33 EDTMCDDividend-rich blue chips look attractive amid market volatility, Barron's says
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August 27, 2015
19:53 EDTMCDMcDonald's, Tyson Foods drop T&S Farm after animal cruelty video, Reuters says
McDonald's (MCD) and Tyson Foods (TSN) terminated a contract with T&S Farm after animal rights activists shot an undercover video showing farm workers engaging in "unacceptable animal treatment", reports Reuters citing Tyson spokesman Worth Sparkman and a statement from McDonald's. Reference Link
18:16 EDTMCDLabor Relations Board revises joint employer policy
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August 26, 2015
06:18 EDTMCDMcDonald's customization kiosks fail to reach drive-thru customers, QSR reports
McDonald's' new "Create Your Taste" kiosks in all its franchises, allowing for customers to customize their orders, may present a problem since they can only be accessed from inside the restaurants, and McDonald's allegedly receives as much as 70% of its sales from the drive-thru, QSR Magazine reports. The expensive new kiosks are expected to cost franchises between $100,000-$150,000 to install, the report says. "At a cost of $100,000-$150,000 per restaurant to implement, it has a limited upside," Richard Adams, a former McDonald's franchisee, told QSR. "I think this is more a stunt to appeal to Wall Street investors instead of being practical for the restaurant operator." Reference Link
August 21, 2015
06:45 EDTMCDMcDonald's accused of mistreating employees in Brazil, Reuters says
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06:11 EDTMCDMcDonald's signs franchise deal with Russia's GiD, Reuters reports
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August 19, 2015
10:00 EDTBWLDOn The Fly: Analyst Upgrade Summary
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08:04 EDTBWLDDiversified Restaurant signs amended area development agreement with BWW
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07:51 EDTBWLDBuffalo Wild Wings upgraded on earnings outlook, valuation at Oppenheimer
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06:12 EDTMCDStarbucks K-cup momentum is accelerating, says UBS
UBS analyst Keith Siegner says Starbucks (SBUX) is seeing accelerating momentum in the single-serve cup category. The company's K-cup sales increased 36% year-over-year for the four-week period ended August 8, according to Nielsen (NLSN), Siegner tells investors in a research note. Starbucks' K-cup promotion levels ticked up sequentially, but remain well below levels from earlier in the year, the analyst points out. The company's K-Cup portfolio continues to gain share despite increasing price pressure and new market entrants like Dunkin' Brands (DNKN) and McDonald's (MCD), Siegner writes. He keeps a Buy rating on Starbucks with a $63 price target. The stock closed yesterday up 9c to $57.83. Shares of Keurig Green Mountain (GMCR) are down 62% year-to-date in part due to the company's slowing sales in the single-serve cup category.
05:33 EDTBWLDBuffalo Wild Wings upgraded to Outperform from Perform at Oppenheimer
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August 18, 2015
10:39 EDTBWLDBuffalo Wild Wings price target raised to $212 from $185 at Longbow
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06:16 EDTMCDFast food chains making new push with more fresh ingredients, WSJ says
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