The week has been nice to RadioShack Corporation (NYSE:RSH) shares. The corporation’s shares have more than doubled and there are indications that the company might be headed for cash infusion. This comes after registering a bad quarter back in June and has since seen its stock rise above the dollar. Courtesy of this dim prospect,…
McDonald’s Corporation (MCD) faces largest Monthly Decline since 2003 whilst losing Young Customers To Other Restaurants Including Chipotle Mexican Grill, Inc. (CMG)
McDonald’s Corporation (NYSE:MCD) shares are down by 0.9% in the last 30-day period and closed at $94.45 on August 22, 2014. According to the company, this is the largest monthly decline in its same-stores sale worldwide since 2003. The company has lost 2% share value since the start of 2014. On the other hand, Chipotle…
Burger King Worldwide Inc (BKW) and Tim Hortons Inc. (USA) (THI) Planning a Merger
Burger King Worldwide Inc (NYSE:BKW) is planning to collaborate with Tim Hortons Inc. (USA) (NYSE:THI) and form an overall market capitalization of $18 billion. Experts are speculating that a lower-tax environment is one of the primary reasons behind this move and Burger King Worldwide Inc (NYSE:BKW) will transfer its headquarters to a lower-taxed Canadian workspace.…
Chipotle Mexican Grill, Inc. (CMG) Gaining Momentum Despite of Sluggish Restaurant Industry
Chipotle Mexican Grill, Inc. (NYSE:CMG) is having an amazing run despite of the sluggish restaurant industry. The stock reached $700 mark for the first time indicating an amazing third quarter for the company. S&P’s 500 Restaurants Index has declined by 0.4% in 2014 and during the same period, Chipotle Mexican Grill, Inc. (NYSE:CMG) has managed…
Carl Icahn Might Push Hertz Global Holdings, Inc. (HTZ) Management For Operational Failures
Carl Icahn, billionaire investor activist, revealed that he possess 8.5 percent shares of Hertz Global Holdings, Inc. (NYSE:HTZ) and might push the company’s management over operational failures and accounting mistakes. According to the most recent SEC filings of Icahn Capital, Carl owns 38.8 million shares of Hertz Global Holdings, Inc. (NYSE:HTZ). As per the current…
McDonald’s Corporation (MCD) Outlets Have Been Shut Down by Russia Amidst Scornful Reactions from Users
Watchdog has shut down four of McDonald’s Corporation (NYSE:MCD) restaurants in Russia. Even though sanitary violations were cited as reasons for this action, according to critics this was an outcome of Russia’s exceedingly tense relationship with the US and a reaction to imposition of sanctions. As per a statement by Raspotrebnadzor Watchdog, these restaurants had been…
CBS Corporation (CBS)’s Toughened Stand Spells Trouble for Affiliates
CBS Corporation (NYSE:CBS) set an example for its affiliates through tough decision making in the matter of extracting pay-TV charges from them. From the information passed on to investors, it is clear that the broadcaster intends to squeeze revenue of $2 billion which will be inclusive of the charges paid by affiliate stations. To prove…
United Parcel Service, Inc. (UPS) and FedEx Corporation (FDX) Tighten Their Belts Against Chinese Courier Services
Boom in online retailing industry has opened up new gates for courier services in the country. It is a common sight to witness courier-delivering mailmen riding on three-wheel carts and electric bikes. Major American courier services including United Parcel Service, Inc. (NYSE:UPS) and FedEx Corporation (NYSE:FDX) are hardly visible in the streets. In addition to…