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Stock Market & Financial Investment News

News Breaks
August 25, 2014
07:32 EDTCMG, MCDMcDonald's challenged as younger eaters defect to Chipotle, WSJ says
As McDonald's (MCD) faces a prolonged slump in sales growth, data compiled for The Wall Street Journal by Technomic showed that diners in their 20s and 30s are seeking out fresher, healthier food and defecting to competitors, in particular fast-casual restaurants like Chipotle Mexican Grill (CMG) and higher-end burger chain Five Guys. Reference Link
News For MCD;CMG From The Last 14 Days
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September 2, 2015
14:36 EDTMCDMcDonald's all-day breakfast may further crimp egg supplies, Bloomberg says
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07:41 EDTMCDMcDonald's risk/reward favorable under new management, says Deutsche Bank
Deutsche Bank analyst Karen Short views the risk/reward for shares of McDonald's as favorable given new management's sense of urgency and willingness to challenge the previous strategies. After hosting a group of investors to discuss the bull and bear points of view on the stock, Short sees a greater interest in being long McDonald's. She has a Buy rating on the stock with a $120 price target.
September 1, 2015
15:09 EDTMCDMcDonald's to offer all-day breakfast starting October 6, WSJ says
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09:02 EDTCMGChipotle announces partnership with Tapingo
Chipotle Mexican Grill announced a new partnership with Tapingo, a mobile commerce app that saves college students time by providing food pickup and delivery, Chipotle will be available for delivery through Tapingo at 40 college campuses nationwide this fall, and at more than 100 campuses by spring 2016.
August 31, 2015
19:52 EDTMCDMcDonald's begins cooking breakfast items with real butter, CNBC says
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18:14 EDTCMGChipotle accused of false advertising over GMO-free menu claims, Reuters says
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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 24, 2015
09:03 EDTCMGChipotle price target raised to $740 from $620 at Wedbush
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09:00 EDTCMGChipotle to hire 4,000 people on a single day on September 9
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06:36 EDTCMGChipotle to hire 4,000 employees in one day next month, WSJ reports
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