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5 Food Stocks To Watch Ahead Of This Week's Earnings: DoorDash, Wendy's And More
Monday, November 8, 2021 - 7:46pm | 964The COVID-19 pandemic has been a business-changing event for the restaurant industry and food-related businesses. With the reopening trade providing a lift to some businesses, food stocks could be under watch this week with some that saw business boosts during the pandemic and some that had harder...
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Yum China Slips 3.7% On Homecoming Debut After $2.2B IPO
Thursday, September 10, 2020 - 3:29am | 356Fast food restaurant company Yum China Holdings Inc (NYSE: YUMC) trading debut on Tuesday began on a low key when the stock slipped 4.76% lower. Listed under the ticker “9987” on the Hong Kong Exchange, Yum China's stock closed the first day of trading 3.7% lower at HKD 396.60 ($ 51...
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McDonald's Response To TikTok Rumors: Yes, Our Food Can Rot
Tuesday, September 1, 2020 - 4:54am | 392McDonald’s Corp (NYSE: MCD) said Monday its burgers can decompose given the right “conditions,” alluding to a social media post, which claimed that the restaurant chain’s food doesn't deteriorate even after more than two decades, Bloomberg reported Monday...
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Burger King Sued Over 'Impossible Whopper' Possibly Not Being Vegan
Wednesday, November 20, 2019 - 4:16am | 325Fast-food chain Burger King has been taken to court by a Georgia man for falsely advertising its “Impossible Whopper” burger as meat-free. What Happened With The Impossible Whopper Philip Williams, in his petition, said Burger King violated Florida’s Deceptive and Unfair Trade...
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Morningstar Analyst: Pick Yum! Brands Over McDonald's
Wednesday, May 25, 2016 - 10:43am | 340McDonald's Corporation (NYSE: MCD) has seen its stock gain around 25 percent over the past year. On the other hand, Yum! Brands, Inc. (NYSE: YUM) has seen its stock fall around 10 percent over the same period. So why is R.J. Hottovy of Morningstar throwing his support behind Yum Brands over...
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McDonald's: Still a Happy Meal for Investors
Friday, June 22, 2012 - 1:24pm | 505By Oliver Pursche, Minyanville Ever since McDonald's (NYSE: MCD) stubbed its toe in April over a nuggets menu imbroglio, the stock has drifted steadily downward, hitting $87.64/share at this writing, a drop of nearly 13% from its high. Is it time to abandoned Mickey Ds? In a word, no. More...
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Yum! Brands Earnings Preview
Tuesday, July 12, 2011 - 8:18am | 614Yum! Brands (NYSE: YUM) will be reporting its second-quarter 2011 results Wednesday, July 13, after the markets close. Investors will be watching to see if analysts are correct that growth in China and emerging markets will offset recent struggles at the company's Taco Bell unit. Analysts are...
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Eight Fast-Food Stocks Trading Near 52-Week Highs
Friday, July 8, 2011 - 12:32pm | 1045No doubt times are tough for fast-food restaurants as they face higher commodity and production costs. Recently, privately held Sbarro filed for bankruptcy and Goldman Sachs downgraded the sector. Some companies have been able to offset growing costs with strategic price increases, and some, like...