The world’s largest burger chain, McDonald’s Corp. (NYSE: MCD) said on Tuesday that global sales rose 1.9% in August, driven mainly by revival in its European business, which offset weakness in other markets, including the U.S. The result was better-than-expected. Analysts were anticipating an increase of 0.3%. In Europe, same-store-sales increased 3.3% while analysts had [...]
Shares of Kimberly Clark Corp. (NYSE: KMB) fell about 1.47% by afternoon trade. The Consumer products maker, reported on Monday that fiscal second quarter net income increased 5.6% as cost cutting measures, improvement in international business helped offsetting its restructuring expenses arising from Western European operations. [...]
Shares of Stellarone Corp. (NASDAQ: STEL) rallied about 16.35% by afternoon trade on Monday. The Company announced on Monday that it has agreed to be acquired by Union First Market Bankshares Corp in deal valued at about $445 million. According to the terms of the deal, Union First will offer one share against each share [...]
Changes in menus, more advertising on value-meals, and sales promotion efforts such as expanded late night breakfasts, seems to have worked in favor of the world’s largest burger chain, McDonald’s Corporation (NYSE: MCD). [...]
Cree Inc. (NASDAQ: CREE) shares have risen sharply in early trading today after the Durham, North Carolina-based semiconductor company reported its second-quarter financial results. [...]
Shares of Zogenix Inc. (NASDAQ: ZGNX), a pharmaceutical company which focuses on treatment related to central nervous disorder and pain, plummeted 46 percent on Monday after the Company revealed that Food and Drug Administration’s advisory committee voted against the application for approval of a pain treatment. [...]
Shares of McDonald’s Corporation (NYSE: MCD), a global restaurant company, are down sharply in early trading today. At last check, MCD shares were trading 3.19% lower at $89.90 on volume of 1.70 million. The stock touched an intra-day low of $89.72. [...] |
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