Instead of cutting off breakfast at 10:30am on weekdays and 11am on weekends, you can now get breakfast at McDonald’s all day. Many customers appear excited for the new all day breakfast options. Some of them said they are happy that they won’t be denied their breakfast items for arriving […]
The year 2015 is one of the worst years for energy sector companies. There is a decline in value of all the energy sector’s companies, year-to-date (YTD), as a result of weak prices in the sector. Vale SA (ADR) (NYSE:VALE) has underperformed the Dow Jones and S&P 500 indices YTD. […]
If you were thinking of having a burrito for a late morning snack or lunch, think again. Chipotle the fast-casual Mexican food burrito chain will be closed on Monday until 3:00 p.m. for a safety briefing that is companywide after the recent outbreaks of E. coli and norovirus sickened patrons. […]
Bridgestone has agreed to buy Philadelphia-based Pep Boys for $835 million, or $15 a share. Pep Boys currently has 800 stores and 14,000 employees in 35 states. The merger is likely to result in store closings and office consolidations. The West Hunting Park Ave. headquarters of Pep Boys, staffed with […]
According to a research note released on Friday, Bank of America Corp. (NYSE:BAC) Merrill Lynch has raised the price target on XL Group plc (NYSE:XL) stock from $42 to $44 while reiterating a Buy. The sell-side firm also updated earnings estimates, following XL’s conference call regarding the Catlin acquisition. The […]
JetBlue Airways Corporation (NASDAQ:JBLU) stock has been beating the rest of the industry since the beginning of the year. Currently, the stock is trading at $20.29 during pre-market hours and has an average trading volume of 8.5 million. Analysts polled by Bloomberg remain confident that the stock price will yield […]
The world economy might have another year similar to 2019, with a modest growth for developed economies offsetting the persistent weakness in other areas but generating little inflation and maintaining the interest rates very low. The long-awaited increase by the Federal Reserve in interest rates from their near zero has […]
Pandora Media is eagerly awaiting a legal decision on royalty payments that may have huge consequences for its business. The Copyright Royalty Board, a panel of three federal judges that rule on copyright matters, is set to rule on changes to the royalty rates Pandora and other similar music streaming […]