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#PreMarket Primer: Friday, February 14: A Turnaround
Friday, February 14, 2014 - 8:26am | 930Read More...After what set up to be a rough day in the market, major indices turned around and finished the day higher yesterday. Thursday, the Dow was up 63.65 points to finish the day at 16,027.59. The S&P was up 0.6 percent, or about 10 points, to 1,829.83 and the NASDAQ was up about one percent to...
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Market Wrap For February 13: Markets Close Higher; Nasdaq on a Six Day Winning Streak
Thursday, February 13, 2014 - 5:50pm | 2839Read More...U.S. stocks finished higher on Thursday after a bumpy start to the trading session. “People want to buy the dips now because the market made a bottom after Feb. 3,” Donald Selkin, chief market strategist at National Securities Corp. told Bloomberg. “We got very oversold and now it's believed...
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Market Wrap For November 25: Nasdaq Breaks 4,000 Level For First Time Since 2000
Monday, November 25, 2013 - 5:57pm | 1904Read More...The Nasdaq index traded above 4,000 for the first time since 2000. The other major indices were flat for the day as markets couldn't hold on to early gains that were boosted by an international accord with Iran. Economic news was rather light and there were no comments from a Fed chairperson that...
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Big Mac vs. Big King – Let the Burger Wars Begin
Thursday, November 7, 2013 - 11:47am | 552Read More...It has two all-beef patties, special sauce, lettuce, cheese, pickles, onions and a sesame seed bun. Only this time it’s not the McDonald’s (NYSE: MCD) Big Mac. It’s Burger King’s (NYSE: BKW) Big King. According to CNBC’s Jane Wells, who conducted an on-camera taste test, the two sandwiches...
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The Case Against: Chipotle
Monday, November 4, 2013 - 12:44pm | 685Read More...While Chipotle (NYSE: CMG) has had mixed results as a stock, the fast, casual restaurant has had great success getting customers through its doors. The chain, which has grown explosively over the past few years with new locations popping with Starbucks-like speed, has built a devoted following...
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Burger King Delivers Innovative Menus While Lowering Costs
Friday, November 1, 2013 - 12:35pm | 519Read More...Shares of Burger King (NYSE: BKW) has recently been outperforming McDonald’s (NYSE: MCD). Shares jumped after its quarterly profits shoot up from $6.6 million from the same period last year to $68.2 million. This is mostly due to Burger King’s recent cuts in costs and rising in sales,...
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Taxpayers Foot $1.2 Billion Public Assistance Bill for McDonald's Employees
Thursday, October 17, 2013 - 6:45am | 675Read More...Each year, U.S. taxpayers pay out $1.2 billion in public assistance to workers at McDonald’s (NYSE: MCD), according to a study released Tuesday by the National Employment Law Project. The NELP study used data from another one conducted by economists at the University of California-Berkeley and...
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Burger King Attempting an Image Makeover With Free 'Satisfries'
Friday, October 11, 2013 - 9:13am | 359Read More...This weekend (October 12 and 13), Burger King (NYSE: BKW) will hand out free ‘Satisfries' to anyone. No strings attached. The fries will be portioned value-sized, which is priced at $1.29 in most stores. BK expects to give away more than 10 million of these value-sized fries over the weekend...
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Fast Food Workers to Strike Thursday, But Don't Expect Anything to Change
Thursday, August 29, 2013 - 8:49am | 532Read More...Restaurant workers working for companies like McDonald’s (NYSE: MCD), Wendy’s (NASDAQ: WEN) and others in as many as 35 cities will strike Thursday as they call for higher pay and the right to unionize. Their demands, which include raising minimum wage from $7.25 to $15 per hour, haven’t gone...
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The 9 Most Infamous Twitter Hacks of All-Time
Friday, April 26, 2013 - 11:58am | 89Read More...Following Tuesday's frightening Associated Press tweet, which "hacked the market," the impact of hijacked Twitter feeds in a world that depends on instantaneously-shared information has become a legitimate concern. The AP hack is the latest in a disturbing (though occasionally hilarious) trend of...
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T-Mobile Has the iPhone, Reports Lines Out the Door
Monday, April 15, 2013 - 9:37am | 599Read More...Not only does T-Mobile have the Apple (NASDAQ: AAPL) iPhone, they “have it their way.” (Sorry for snatching your slogan, Burger King (NYSE: BKW). The “their way” part has to do with dumping phone subsidies and long-term contracts, all part of T-Mobile’s rebranding efforts as it builds its LTE...
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Investors Are 'Looking Backwards' at AIG
Wednesday, April 10, 2013 - 11:16am | 605Read More...Are investors missing out on a great opportunity by avoiding AIG (NYSE: AIG)? According to Evermore Global Advisors co-founder, CEO and CIO David Marcus, the answer is yes. "Our largest holding today is AIG," Marcus told Benzinga. "I know a lot of value investors are starting to buy it. We've had...
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Eight Fast-Food Stocks Trading Near 52-Week Highs
Friday, July 8, 2011 - 12:32pm | 1045Read More...No doubt times are tough for fast-food restaurants as they face higher commodity and production costs. Recently, privately held Sbarro filed for bankruptcy and Goldman Sachs downgraded the sector. Some companies have been able to offset growing costs with strategic price increases, and some, like...
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Burger King Reports Q1 Net Loss of $6.8M
Thursday, May 12, 2011 - 4:49pm | 238Read More...Burger King Holdings, Inc. today reported 2011 first quarter Adjusted EBITDA of $121.1 million compared to $106.2 million in the same quarter of 2010, a 14% improvement driven by reductions in general and administrative expenses following a global restructuring and the implementation of a zero-...
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August Causal Dining Trends From Piper Jaffray
Monday, September 20, 2010 - 7:34am | 336Read More...Casual dining SSS trends for August were +0.6%, reflecting 1.9% traffic and showing a slight dip +0.9% from July, but according to Piper Jaffray August was still better than 2Q when traffic measures deteriorated. Piper Jaffray sees opportunities in Casual Dining, but prefers limited service and...













