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Stock Market & Financial Investment News

News Breaks
July 28, 2014
06:16 EDTMCD, YUM, SBUXOSI Group CEO says China food scandal 'completely unacceptable'
OSI Group CEO Sheldon Lavin issued a statement about the firm's unit, Husi Shanghai, regarding the latest food scandal in China. Lavin said, "What happened at Husi Shanghai is completely unacceptable. I will not try and defend it or explain it. It was terribly wrong, and I am appalled that it ever happened in the company that I own. On behalf of Husi and OSI, I sincerely apologize to all of our customers in China. We will bear the responsibility of these missteps, and will make sure that they never happen again. That is my personal commitment and that of our organization. For more than 100 years, OSI has provided safe, quality food and is currently operating at the highest standards in 17 countries serving more than 40 countries around the world. So to have this occur at this Shanghai facility violates the tenets of our company and the values we embrace and live. Upon hearing of the Shanghai issue, I immediately sent our best team of global experts from the OSI Group, and more are on their way, to work with the local team to ensure my promise to you today is met. We are very proud of our newest state-of-the-art facility in Henan. It reflects our confidence and commitment in China. We are also pleased that local Chinese authorities have inspected all our other facilities and have found no issues." World-wide brands such as Yum! Brands' (YUM) KFC, McDonald's (MCD) and Starbucks (SBUX) were affected by the food scandal in the country after allegations arose speculating that Husi Shanghai supplied expired meat to the companies. Reference Link
News For MCD;YUM;SBUX From The Last 14 Days
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October 1, 2014
13:52 EDTYUMActivist firm Relational winding down, dissolving funds, WSJ says
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September 30, 2014
06:34 EDTSBUXStarbucks should be bought ahead of catalysts, says Piper Jaffray
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September 29, 2014
15:01 EDTMCDMcDonald's calls active on speculation of a large investor stake
McDonald's October weekly 95, 96 and 97 calls are active on total call volume of 34K contracts (5K) on speculation of a large investor stake. October weekly call option implied volatility is at 23, October is at 16, November is at 15, January is at 14; compared to its 26-week average of 15 according to Track Data. Active call volume suggests traderís takers taking positions for large price movement.
14:53 EDTMCDRumor: McDonald's moves up on speculation of a large investor stake
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07:51 EDTSBUXDunkin' Brands CEO not worried about Tim Hortons-Burger King deal
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September 26, 2014
13:46 EDTMCDMcDonald's HQ evacuated after suspicious package found, Chicago Business reports
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September 24, 2014
13:30 EDTSBUXStarbucks adds Russia locations as sanctions accumulate, Bloomberg says
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07:31 EDTSBUXStarbucks consolidation of Japan stake makes sense, says UBS
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September 23, 2014
17:17 EDTSBUXStarbucks sees Starbucks Japan acquisition accretive to FY15 non-GAAP results
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17:06 EDTSBUXStarbucks to purchase remaining 60.5% share of Starbucks Japan for $913.5M
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06:28 EDTSBUXStarbucks developing stout beer-flavored latte, Reuters says
Starbucks is in the process of testing a new "dark barrel latte" throughout a few of its locations in Ohio in Florida, according to Reuters, citing comments from a company spokeswoman. The spokeswoman said that the coffee chain isn't releasing any data yet on when exactly the beverage will be available. Reference Link
September 19, 2014
07:31 EDTMCDMcDonald's dividend increase unfavorable, says Wells Fargo
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September 18, 2014
16:32 EDTMCDMcDonald's expects to return $18B-$20B to shareholders between 2014-2016
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16:31 EDTMCDMcDonald's raises quarterly dividend 5% to 85c per share
The dividend is payable on December 15 to shareholders of record at the close of business on December 1.
13:47 EDTYUMPizza Hut opens first restaurant in Africa, plans to open dozens more
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07:52 EDTYUMPizza Hut testing 30% lower calorie pie, USA Today reports
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