Credit Suisse is less bullish on its recommendation for McDonald’s shares after talking to some franchisees. “We have spoken with three McDonald’s franchisees across the US to gauge trends so far in 1Q18. While these checks are anecdotal, they have been directionally helpful in the past. McDonald’s franchisees consistently reported […]
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Trump tweets: There are people in the White House ‘that I want to change’
President Donald Trump said Tuesday he wants to change some members of his White House, while assuring that “there is no chaos, only great energy!” In a tweet, Trump pushed back against a slew of recent news reports describing “chaos” among White House staff. Trump tweet: The new Fake News […]
Over 500 Canadian doctors protest raises, say they’re being paid too much (yes, too much)
In Canada, more than 500 doctors and residents, as well as over 150 medical students, have signed a public letter protesting their own pay raises. “We, Quebec doctors who believe in a strong public system, oppose the recent salary increases negotiated by our medical federations,” the letter says. The group […]
20-year-old sues Dick’s, Walmart over new age-restrictions on rifles
An Oregon man filed suits Monday claiming Dick’s Sporting Goods and Walmart discriminated against the 20-year-old when they refused to sell him a rifle. Dick’s and Walmart restricted gun sales to adults 21 and older in the wake of the Florida high school massacre. The 19-year-old accused in the school […]
Buy UPS on the dip because the Amazon threat is overblown, Stifel says
The decline in UPS shares this year is a great buying opportunity due to the company’s dividend, according to one Wall Street firm. Stifel raised its rating to buy from hold for UPS shares, predicting Amazon will remain a big customer for the delivery company. The company’s stock is down […]
Stocks making the biggest moves premarket: TGT, AAPL, JWN, AMZN, HOG & more
Check out which companies are making headlines before the bell: Target — The retailer reported mixed quarterly results, with revenue surpassing expectations while earnings missed estimates. Target posted earnings per share of $1.37 on revenue of $22.8 billion. Same-store sales — a key metric for retailers — rose 3.6 percent […]
A lost World War II aircraft carrier has been found by one of Microsoft’s co-founders
The wreckage of a US aircraft carrier sunk during World War II has been found by Microsoft co-founder Paul Allen. The USS Lexington was located on Sunday at a depth of about two miles in the Coral Sea, circa 500 miles off Australia’s east coast. Tweet 1 The ship was […]
Here’s everything you need to know about Target’s earnings
Target is scheduled to report fourth-quarter earnings before the bell on Tuesday. Here’s what analysts are expecting, according to a Thomson Reuters survey: * Earnings per share: $1.38 * Revenue: $22.5 billion * Same-store sales: an increase of 3.1 percent The Minneapolis-based retailer has spent a lot of time in […]
Harley-Davidson says retaliatory tariffs will have a ‘significant impact’ on sales
Harley-Davidson said on Monday that a punitive, retaliatory tariff on its motorcycles in any market would have a “significant impact” on its sales there. The European Commission’s president last week threatened to impose tariffs on Harley-Davidson motorbikes if U.S. President Donald Trump followed through on a plan to impose global […]
Big investors have clout — and they can use it with gun makers
Over the past several weeks, there has been a lot of talk about investors ridding themselves of their shares in gun manufacturers and retailers after the school shooting in Parkland, Fla. A number of public pension funds, like those in the state of Connecticut, have discussed the prospect of selling […]