New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 21, 2014
11:00 EDTSBUX, YUM, MCDStarbucks China says one of its suppliers got meat from Husi, Bloomberg reports
Starbucks China (SBUX) said on its official microblog that it does not source directly from Husi, the food supplier said to have sold expired beef and chicken to KFC (YUM) and McDonald's (MCD), but that one of its suppliers got meat from Husi, according to Bloomberg. Starbucks China said the one food item affected has been removed from sale, Bloomberg added.
News For SBUX;YUM;MCD From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
October 21, 2014
08:00 EDTMCDMcDonald's: Q3 results pressred by tax rate, unusual events, US underperformance
Subscribe for More Information
07:59 EDTMCDMcDonald's reports Q3 EPS $1.09, consensus $1.37
Subscribe for More Information
06:33 EDTMCDMcDonald's turning off some diners due to increased prices, Bloomberg says
Subscribe for More Information
October 20, 2014
15:36 EDTMCDNotable companies reporting before tomorrow's open
Subscribe for More Information
13:57 EDTMCDMcDonald's October weekly volatility elevated into Q3 and outlook
Subscribe for More Information
13:46 EDTMCDEarnings Preview: McDonald's sees 15c-20c hit to EPS from China supplier issues
McDonald's (MCD) is scheduled to report third quarter earnings before the open on Tuesday, October 21, with a conference call scheduled for 11:00 am ET. McDonald’s franchises and operates fast food restaurants globally.EXPECTATIONS: Analysts are looking for earnings per share of $1.38 on revenue of $7.19B, according to First Call. The consensus range for EPS is $1.31-$1.51 on revenue of $7.03B-$7.35B. LAST QUARTER: McDonald's reported second quarter EPS of $1.40 against estimates of $1.44 and revenue of $7.18B against estimates of $7.29B. McDonald's also reported global comparable sales relatively flat, with U.S. SSS down 1.5%, Europe SSS down 1% and Asia/Pacific, Mideast, Africa SSS up 1.1%. On its earnings conference call, the company forecast a 4c-5c negative impact on EPS from currency in 2014. The company said it did not anticipate any material changes to the operating environment in the second half of 2014, but said near-term results would likely remain "muted." NEWS: During the quarter, the company said it expected to return $18B-$20B to shareholders between 2014-2016 and that $3.2B year-to-date August had been returned. McDonald's also raised its quarterly dividend 5% to 85c per share. McDonald's said China supplier issues would negatively impact the quarter by 15c-20c largely due to a combination of lost sales, expenses associated with its recovery efforts and the impact of these items on the Q3 tax rate, which is expected to be above the company's outlook for the full-year tax rate of 31%-33%. McDonald's recently announced that Russia temporarily suspended nine of its restaurants in the country. STREET RESEARCH: UBS said its recent survey indicates McDonald's does not have a brand image issue, but rather an execution problem, which will need to be fixed to increase traffic. The firm has a Buy rating and $110 price target on shares. Morgan Stanley downgraded McDonald's to Equal Weight from Overweight due to weakening fundamentals combined with U.S. market share loss, and international pressures. Wells Fargo said McDonald's 5% dividend increase was below the Street's 7%-9% outlook and portends badly for the company's operating cash flow, willingness to increase leverage ratios and its capital intensity plans heading into 2015. PRICE ACTION: McDonald's shares are trading down almost 8% over the last three months and are near flat today ahead of the Q3 earnings report.
12:52 EDTMCDMcDonald's technical comments before results
Subscribe for More Information
October 19, 2014
18:11 EDTMCDRussia temporarily suspends nine McDonald's restaurants in the country
Subscribe for More Information
October 16, 2014
15:11 EDTSBUXStarbucks confirms plans to roll out mobile ordering in U.S. in 2015
Subscribe for More Information
08:06 EDTSBUXAlmunia says political pressure around Google case 'unprecented,' WSJ reports
Subscribe for More Information
06:21 EDTMCDMcDonald's rehires former U.S. executive, WSJ reports
Subscribe for More Information
October 15, 2014
07:55 EDTSBUXStarbucks checks refute bear case, says Bernstein
Subscribe for More Information
07:28 EDTYUMYum! Brands weakness creates buying opportunity, says UBS
Subscribe for More Information
October 14, 2014
12:51 EDTYUMKFC to open first American restaurant in Myanmar next year, Nikkei reports
Subscribe for More Information
11:21 EDTYUMDomino's Pizza rises after Q3 profits benefit from high cheese costs
Subscribe for More Information
11:17 EDTYUMOptions with decreasing implied volatility
Subscribe for More Information
09:37 EDTYUMDomino's Pizza sees potential for additional 3.8K stores in top 15 markets
Says has 'robust' international business. Says its store count growing faster internationally than Pizza Hut or Papa Johns (PZZA). Pizza Hut is owned by Yum! Brands (YUM). Says now offering voice ordering for Apple's (AAPL) iPhone and Google's (GOOG) Android operating systems. Says in terms of the franchise's long-range outlook, sees global net units to increase 4%-6%, sees domestic SSS to increase 2%-4%, sees international SSS to increase 3%-6% and sees global retail sales to increase 6%-10%. Comments taken from the company's Q3 earnings conference call slide presentation.
October 13, 2014
14:06 EDTMCDMcDonald's to answer questions about food, AP reports
Subscribe for More Information
12:01 EDTYUMOptions with decreasing implied volatility
Options with decreasing implied volatility: EXAS INFY YUM FDO HSY
October 10, 2014
11:18 EDTYUMOptions with decreasing implied volatility
Subscribe for More Information
1 | 2 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use