Retail, Fast Food Stocks Stung by Obama's Minimum Wage Push
President Obama's State of the Union proposal to raise the federal minimum wage to $9 an hour has the retail industry on edge and fast food stocks struggling.
fast food stocks
Midday Market Minute: Wendy's 4Q Adj. Profit Tops Wall Street's View
Wendy's fiscal fourth-quarter earnings topped Wall Street's view, even as a key indicator of sales at North American restaurants dipped slightly. The hamburger chain also maintained its fiscal 2013 adjusted earnings forecast that was above analysts' estimates.
From Supersized to Super-Sighs: Is McDonald's Growth Era Over?
McDonald's is showing signs of tarnish on the Golden Arches. Goldman Sachs downgraded its shares due to a slowdown in growth. And with challenges overseas and resurgent competition everywhere, things are unlikely to turn around anytime soon for the world's largest restaurant chain.
Burger King Dusting Off Crown and Going Public Again
Burger King is dusting off its crown and going public again. The world's No. 2 hamburger chain, which is in the midst of overhauling its menu and stores, says it expects to relist its shares on the New York Stock Exchange within the next three months.
Why Domino's Pizza Will Never Be Great Again
Shares of Domino's hit a new 52-week high this week. The stock has more than doubled this year. The company has beaten Wall Street's profit targets for three consecutive quarters, and analyst projections keep inching higher. Is the author really going to let one exceptionally bad experience with the Pizza Tracker cloud his judgment?
Five Restaurant Stocks Worth Sampling Now
Legendary investor Peter Lynch espoused the philosophy "Buy what you know." Well, who doesn't know restaurants? We know where the crowds are, and we know what we like to eat. Here are five chains that managed to grow during the market lull, positioning themselves perfectly for the future.
McDonald's CFO on How It Aims to Supersize Growth
McDonald's boosted its profit last year with the launch of new beverages and expansion in emerging markets. Can it keep up the growth this year as food prices rise? Chief Financial Officer Peter Bensen discusses the fast-food giant's strategy with DailyFinance.
McDonald's Is Out to Shake Up the Milkshake
The ice cream drinks have been a fast-food favorite for decades. Now, McDonald's is considering giving them a new look -- serving the shakes in see-through plastic cups instead of the current white paper cup familiar to customers the world over.