Mark Kalinowski News
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U.S. stocks retreated, sending the Standard & Poor’s 500 Index to the longest slump since May, as concern intensified about a slowdown in the global economic recovery and American corporate earnings.
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Burger King Holdings Inc. rose the most in more than four years in New York trading after the Wall Street Journal said the fast-food chain is in talks with buyout firms on a possible sale.
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Burger King Holdings Inc. , the second-largest U.S. hamburger chain, is in talks with 3G Capital about a buyout, said a person familiar with the matter. The shares surged the most in more than four years.
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Burger King Holdings Inc., the second-largest U.S. hamburger seller, said North American sales declines slowed in March after record snowfall kept customers away earlier in the year.
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Biting into a McDonald’s Corp. french fry should be like “walking on freshly fallen snow.”
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McDonald’s Corp. may report its eighth straight quarter of profit growth, the longest streak in 13 years, as beverages such as frozen strawberry lemonade combat rising costs that are making hamburgers less profitable.
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McDonald’s Corp. ’s global sales rose more than analysts estimated last month as diners purchased new beverages such as frappes.
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To understand why individual investors abandon the stock market, you only have to look at the indignities suffered last week by Amazon.com Inc., McDonald’s Corp. and T. Rowe Price Group Inc.
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Wendy’s Co., the operator of more than 6,500 fast-food restaurants, said Chief Executive Officer Roland Smith is stepping down this month as the company remakes its menu to compete with McDonald’s Corp.
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Yum! Brands Inc. , owner of the KFC and Pizza Hut fast-food chains, will seek to buy all outstanding shares in hotpot-restaurant operator Little Sheep Group Ltd. to further expand in China.
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