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From Teenage Crew Member To McDonald's Mogul: Paul Hendel Recalls His Remarkable Career
Wednesday, January 3, 2024 - 4:25pm | 757Back in the 1970s, teenagers were vying for a chance to earn $1.85 an hour and indulge in endless servings of french fries at McDonald's (NYSE: MCD). One such teenager was Paul Hendel, who embarked on his journey at a McDonald's outlet in Merrick, New York, at the age of 16. Little did he...
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Holiday Showdown: Black Friday Reigns Over Christmas As Top Brands Steal the Shopping Spotlight
Tuesday, January 2, 2024 - 2:54pm | 539Telsey Advisory Group analyst Dana Telsey presented a brand performance study on the Christmas vs. Black Friday holiday by revisiting the Google Trends insights from Black Friday, with many initial findings holding over the extended holiday period. The analyst stated that Black Friday saw more...
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McDonald's Malaysia Takes Legal Action Against Israel Boycott Movement For Defamation: Report
Tuesday, January 2, 2024 - 12:06pm | 322Gerbang Alaf Restaurants Sdn Bhd (GAR), which is the licensee of McDonald's Corporation (NYSE: MCD) in Malaysia, has reportedly initiated a legal action against the Boycott, Divestment and Sanctions (BDS) Malaysia movement. The lawsuit, seeking damages of 6 million ringgit ($1.31...
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Retail Trends Unwrapped: Analyst Unveils Surprising Shifts In Consumer Spending As 2023 Looms
Friday, December 29, 2023 - 2:21pm | 613KeyBanc Capital Markets analysts presented proprietary credit/debit card spending trends across Consumer/Retail and Internet Retail sectors. Consumer/Retail: Analyst Bradley Thomas said this week’s data through December 24th shows indexed spending for the 'All Retail' category...
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Mattel's Near Term Outlook Looks Attractive Amid Toy Industry Challenges: Analyst
Wednesday, December 27, 2023 - 2:45pm | 339D.A. Davidson analyst Linda Bolton Weiser reiterated a Buy rating on the shares of Mattel Inc (NASDAQ: MAT) with a price target of $25. The toy industry is highly competitive with low barriers to entry. This makes it difficult for the company to achieve, maintain, or build...
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Lennar's Agile Strategy In Challenging Market Yields Growth: Analyst Boosts Price Target By 10%
Tuesday, December 19, 2023 - 3:29pm | 504Raymond James analyst Buck Horne reiterated an Outperform rating on the shares of Lennar Corp (NYSE: LEN) raised the price target from $150 to $165. Lennar reported core EPS of $5.17 for its F4Q23 results, topping estimates of $4.59. Another upside quarterly result...
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KFC Plucks Up Major Milestone With 10,000th China Store Opening
Tuesday, December 19, 2023 - 11:11am | 1374Key Takeaways: KFC has opened its 10,000th China store in Hangzhou, and plans to accelerate net new openings to about 1,200 annually over the next three years The chain has bounced back strongly post-pandemic, but faces uncertainties due to growing Chinese consumer caution By Doug Young Some...
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Unleashing Growth Potential: McDonald's Surpasses Expectations with Strong Performance and Increasing Profits
Friday, December 15, 2023 - 11:05am | 901Investors eagerly anticipate the dividend payout from McDonald's (NYSE:MCD) on December 15, 2023. With a payout of $1.67 per share and an annualized dividend yield of 2.62%, this reward is exclusively for shareholders who held the stock before the ex-dividend date on November 30, 2023 McDonald's...
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American Girl Dolls Leap To Big Screen In Mattel, Temple Hill & Paramount's Latest Film Venture
Thursday, December 14, 2023 - 8:45am | 343Mattel Inc (NASDAQ: MAT), Paramount Global's (NASDAQ: PARA) Paramount Pictures, and Temple Hill Entertainment plan to develop a live-action feature film based on the American Girl doll line. American Girl will be distributed by Paramount Pictures and produced...
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Weekly Points – 5 Things To Know In Investing This Week
Wednesday, December 13, 2023 - 1:04pm | 2182The Smart People Doing Smart Things Issue Ok – kind of a quirky title, but a lot of smart people were saying smart things in public this week. Peter Schiff made an excellent point in favor of property rights including for Bitcoin which he hates. Moody’s is late, but correct on a...
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Investor Group Pitches $5.8 Billion Acquisition Proposal For Macy's
Sunday, December 10, 2023 - 6:22pm | 422An investor consortium has tabled a $5.8 billion bid to acquire Macy's Inc. (NYSE: M), in an attempt to privatize the iconic department store chain. This comes as Macy's grapples with mounting competition from digital retailers, which has significantly eroded its market value. As per The...
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Lululemon Q3 Earnings Overview: EPS Beat, Revenue Beat, Comps Up 13%, $1B Buyback And More
Thursday, December 7, 2023 - 5:23pm | 524Lululemon Athletica Inc (NASDAQ: LULU) reported third-quarter financial results Thursday after the bell. Here's a look at the key metrics from the quarter. Q3 Earnings: Lululemon said third-quarter revenue increased 19% year-over-year to $2.2 billion, which beat the ...
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Why Media Company Lee Enterprises Stock Is Sliding Today
Thursday, December 7, 2023 - 12:15pm | 336Lee Enterprises Inc (NASDAQ: LEE) reported Q4 FY23 operating revenue was $164.0 million, missing the consensus of $173.4 million. Total Digital revenue increased 14% Y/Y to $73 million in the quarter. Digital-only subscription revenue rose 68% Y/Y, led by an increase of 36% Y/...
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5 Things To Know In Investing This Week: The Government And Consumer Big Spending Issue
Wednesday, December 6, 2023 - 4:15pm | 1902It was a big week for spending. The consumer bought huge amounts of holiday gifts. (For my fellow Michiganders, the consumer did get much on sale because they require big savings.) The government bought a big positive revised GDP print. And Sheldon Adelson’s widow, Miriam, bought most of a...
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McDonald's Decision To Bet On China Seems Risky But May Pay-Off Greatly: Report
Monday, December 4, 2023 - 10:19am | 284McDonald's Corp's (NYSE: MCD) decision to take greater control of its China business and expand aggressively amid consumer slowdown and geopolitical tensions reportedly seems risky, but the potential pay-off is great. MCD's move contrasts sharply with the ongoing trend of...