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Stock Market & Financial Investment News

News Breaks
February 25, 2013
07:47 EDTTHI, MCDTim Hortons battles McDonald's in Canada, Globe and Mail reports
In Canada, a market share fight in the fast-food sector is taking place as with Tim Hortons (THI) deals with an unprecedented challenge from McDonald's (MCD) to its decades-long reign as Canada’s coffee-and-doughnut icon, reports the Globe and Mail. Tim Hortons’ franchisees used to be guaranteed success and hearty profits. But now its coffee business, as a foundation of Tim Hortons’ strength, is under attack.Reference Link
News For THI;MCD From The Last 14 Days
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August 25, 2014
11:30 EDTTHITim Hortons price target raised to $90 from $75 at KeyBanc
11:04 EDTMCDAnother Russian McDonald's restaurant temporarily closed, Reuters says
A McDonald's restaurant in the southern Stavropol region in Russia has been ordered to close temporarily by regulators in the country because of sanitary violations, says Reuters. Reference Link
10:25 EDTTHIBurger King, Tim Hortons climb higher after confirming deal talks
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10:07 EDTTHITim Hortons could be worth as much as $85 shares in a merger, says Raymond James
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09:35 EDTMCDActive equity options trading on open
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09:11 EDTTHIOn The Fly: Pre-market Movers
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08:36 EDTTHITim Hortons business would be boosted by Burger King deal, says KeyBanc
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07:32 EDTMCDMcDonald'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
06:47 EDTTHITim Hortons volatility expected to move on confirming talks with Burger King
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05:11 EDTTHITim Hortons, Burger King confirm talks regarding potential strategic transaction
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August 24, 2014
20:05 EDTTHIBurger King seeks Tim Hortons acquisition in tax inversion deal, WSJ says
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15:41 EDTMCDRussian official says no plans to close McDonald's, Reuters says
The Russian Deputy Prime Minister Arkady Dvorkovich was quoted as saying that there are no plans to close the McDonald's chain in the country, says Reuters. Reference Link
August 22, 2014
11:00 EDTMCDRussia continues to push McDonald's with new sanitary checkups, Reuters says
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09:51 EDTMCDMcDonald's brings back Mike Andres with retirement of Jeff Stratton
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August 21, 2014
06:40 EDTMCDMcDonald's looking to expand digital efforts, CNBC says
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August 20, 2014
12:58 EDTMCDMcDonald's temporarily closes certain Russian restaurants
The company said, "Based on a claim from a federal consumer agency, on Aug 20 2014, McDonald’s restaurants on Pushkin Square, Manezh Square and Prospect Mira were temporary closed. We are closely studying the subject of the documents to define what should be done to re-open the restaurants as soon as possible. Our main priority is to serve our customers with top quality menu items. We will continue taking care of our employees and will do our best to continue the success of McDonald’s business in Russia."
August 19, 2014
11:00 EDTMCDMcDonald's to unveil retail coffee initiative, Huffington Post says
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06:02 EDTMCDTaco Bell introducing dollar menu, LA Times reports
Taco Bell (YUM) is introducing its new Dollar Cravings menu, which features 11 items, the LA Times reports. McDonald's (MCD) and Wendy's (WEN) both offer dollar menus. Reference Link
August 18, 2014
06:26 EDTMCDMcDonald's orders products from Thai supplier after food scare, Reuters says
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August 15, 2014
06:39 EDTTHI, MCDTim Hortons aims to lure customers via new coffee launch, Reuters says
Tim Hortons (THI) is looking to attract new customers and fight competitors, such as Starbucks (SBUX) and McDonald's (MCD), by revealing a new dark roast coffee blend throughout North America while possibly increasing prices to fend-off increasing expenses and rivals, according to Reuters, citing comments from Tim Hortons CEO Marc Caira. Caira said, "Looking at the coffee market, I would suggest that, given the degree of cost increases, that we are looking at prices going up sometime in 2015." Reference Link
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