The struggling McDonalds Corporation MCD 0.2% announced this week that June will be the last month that the global restaurant leader will report monthly same-store sales (SSS) statistics. From July onward, McDonalds will only be reporting SSS on a quarterly basis.
A new report by Imperial Capital focuses on FireEye Inc FEYE 0.33%‘s recent announcement of a $600 million convertible notes offering. Analysts mention the possibility that the funds could be used for an acquisition down the road.
A recent article in Seeking Alpha focused on the traditional role of some of Wall Street’s biggest players: hedge funds. In the six-year bull market that has taken the S&P 500 to new all-time highs, there has been little need for hedging or protection from a weak stock market. However, a large part of what…
With the low point of the Financial Crisis now more than six years in the rear-view mirror, 24/7 Wall Street recently compiled a list of five of the biggest turnaround stories since the market crash. These five companies teetered on the brink of disaster, but they have since made major comebacks.
In a new report, analysts at Goldman Sachs focused their attention on the paradigm shift they see coming in the next decade for the auto industry. Analysts laid out their seven megatrends for the industry for the next 10 years.
In a new report, analysts at Goldman Sachs analysts explained their bearish outlook for commodity prices over the next year. While most commodity prices have been on the rise since March, analysts believe that the rally will be short-lived.
Chinese e-commerce retailer JD.com Inc JD 0.12% is betting big on online Chinese produce company FruitDay. JD.com was one of several big-name investors that participated in FruitDay’s recent $70 million fundraising effort.
The growing group of restaurants and food companies that are removing artificial ingredients from their recipes has now gained two new members. According to Reuters, Taco Bell and Pizza Hut, two of Yum! Brands Inc YUM 0.48%‘s key franchises, have committed to removing artificial colors and flavors from their menu items.
Cannacord recently attended the EuroPCR 2015 scientific sessions in Paris, and analysts followed up on the event by releasing a report this week on four of their top biotech stock picks. According to the report, the event provided updates that were “testament to our belief that the interventional cardiology arena will be one of the…
Magnum Hunter Resources (NASDAQ: MHR) has announced an agreement to sell non-core, undeveloped Utica shale acreage in West Virginia for $40.8 million. The sale of approximately 5,210 unproven acres is expected to close on May 28.