McDonald’s earnings soar 12% in Q2 2018
McDonald’s Corporation (MCD) beat analyst expectations for its second quarter 2018 results despite posting a 12% decrease in revenues. Consolidated...
Retail
Grubhub shares skyrocket on Q2 earnings beat and strong outlook
Online food-ordering platform Grubhub (GRUB) reported earnings and revenue for the quarter ended June 30, 2018 topping Wall Street consensus....
Hasbro surges on upbeat Q2 results
Despite the drop in second quarter revenue and earnings compared to the last year numbers, Hasbro’s (HAS) results beat analyst...
Costco stock flies to yearly high on comps run
The shares of Costco Wholesale (COST) touched a new yearly high of $218.20 on Thursday, with few analysts touting the...
A rather ungracious exit for Papa John’s founder
It’s not easy to part ways with the company you founded. It’s even harder when you have to leave the...
Alibaba deepens offline presence by investing in Focus Media
Alibaba (BABA) is not happy with its dominance in China’s digital ad industry; it is now working to expand its...
Domino’s Q2 profit beats view; stock falls on sales miss
Domino’s Pizza (DPZ) has remained a standout among its peers in the fast-food industry, taking advantage of the changing customer...
eBay stock falls on weak guidance, despite Q2 earnings beat
Online marketplace eBay reported second-quarter results amidst its much-hyped summer sale that coincided with Amazon’s (AMZN) Prime Day event. Earnings...
BJ’s Restaurants stock dines to yearly high ahead of Q2 results
BJ’s Restaurants (BJRI) stock skyrocketed to reach a new 52-week high of $63.70 on Wednesday. Like Darden Restaurants (DRI) reported...
Walmart plans launch of video streaming service to compete with Netflix
Walmart Inc. (WMT) is planning to launch its own video streaming service to compete with streaming giant Netflix Inc. (NFLX)...
Earnings Preview: Low valuation makes eBay stock a safe investment
For most e-commerce companies, business growth depends a lot on their ability to fight against Amazon (AMZN) effectively, and eBay...
With $150-bln net worth, Amazon’s Jeff Bezos becomes the richest man in the world
This year, Amazon’s (AMZN) Prime Day event seems to have brought mixed fortunes for CEO Jeff Bezos. The three-day sale,...
McDonald’s is the latest company to issue recall over CDC’s complaint
The foodborne illness outbreak related to the popular fast-food chain McDonald’s (MCD) has been in news since May. And now...
Will Momo become next Alibaba?
If you like and own Alibaba Group (BABA) stock then the shares of the Chinese instant-messaging service Momo (MOMO) could...
Starbucks needs to address pricing issue
Starbucks (SBUX) stock remained on the positive track till June 19, but everything changed when the coffee giant provided a...
Will Amazon eclipse the $1 trillion market cap?
The race for joining the $1 trillion market cap seems to be getting intense in 2018. Amazon (AMZN) is expected...
Amazon’s Prime Day sales in jeopardy as European workers plan massive boycott
Only a few days ahead of Amazon’s (AMZN) marquee event, the Prime Day, various European workers’ unions as well as...
David Hoffmann to head Dunkin’ Brands; Nigel Travis retires as CEO
Dunkin’ Brands Group (DNKN), the parent of two fast-food restaurant companies Dunkin’ Donuts (DD) and Baskin-Robbins (BR) named Dave Hoffmann...
Nordstrom shares drop on weak sales projection
Shares of the fashion specialty retailer Nordstrom (JWN) slipped on Tuesday after the company rolled out sales projection for 2018...
Now, Walmart is set to woo New Yorkers with e-commerce offerings
Walmart’s (WMT) aggressive and rapid adoption of e-commerce over the last decade has been an inspiration for the other American...
JM Smucker sheds baking brands to focus on pet foods, snacking
JM Smucker (SJM), one of the popular food brands in American households, has been busy revamping its brand portfolio for...