Enterprise Products Partners LP. (NYSE:EPD) saw a double-digit share price rise of over 10% in the past couple of months on the NYSE. With many analysts covering the large-cap stock,Read More… …read more […]
(Reuters) – U.S. stock indexes opened higher on Monday as strong earnings and a string of mergers lifted spirits, kicking off a busy week for inflation watchers.
(Reuters) – McDonald’s Corp reported first quarter results that topped analysts’ forecast on Monday, helped by strength in international markets and U.S. consumers opting for more expensive burgers over value meals.
A multiyear turnaround plan launched by Chief Executive Steve Easterbrook three years ago, has brought menu changes, new technology to stores and restaurant upgrades to drive more traffic. High-margin “gourmet” burgers which offer fresh and more expensive ingredients, costing $6 or $7 a time compared to the chain’s $1 to $3 value options, raised the overall average U.S. check value. Sales at McDonald’s U.S. restaurants rose 2.9 percent, topping analysts expectations of 2.7 percent, according to Thomson Reuters I/B/E/S. …read more […]
President Donald Trump is again railing against the annual White House Correspondents’ Association dinner amid criticism of the comedian who roasted his spokeswoman. Trump says on Twitter Monday: “The … …read more […]
(Reuters) – Chipmaker Broadcom (AVGO.O), which counts Apple Inc (AAPL.O) among its customers, on Monday cut the top end of its previously issued second-quarter revenue forecast, citing weak demand for … …read more […]
(Reuters) – U.S. stock indexes were on track to open higher on Monday as strong earnings and a string of mergers lifted spirits, kicking off a busy week for inflation watchers.
Walmart’s strategy to get itself fighting fit against Amazon saw one more …read more […]
The jury that convicted Bill Cosby at his sexual assault retrial said that its decision was only influenced by what happened in court, and the youngest member of the panel said that the comedian’s own words sealed his fate. Harrison Snyder said in an interview aired Monday on ABC’s “Good Morning America” that Cosby’s deposition — in which he admitted giving women drugs to have sex with them — was the evidence that made him believe he was guilty. Mr. Cosby admitted to giving these quaaludes to women, young women, in order to have sex with them,” Snyder …read more […]
Zacks Investment Ideas feature highlights: NVIDIA, Facebook, Lam Research, Alibaba and Apple …read more […]
WASHINGTON (Reuters) – U.S. and Chinese officials will hold highly anticipated trade talks in China on Thursday and Friday, U.S. Treasury Secretary Steven Mnuchin told Fox Business Network, saying he was “cautiously optimistic” about the meeting.
(Reuters) – Botox maker Allergan Plc reported a better-than-expected quarterly profit on Monday and raised its full-year forecast for adjusted net income, driven by higher sales of its medical aesthetics products including the blockbuster wrinkle treatment.
(Reuters) – McDonald’s Corp reported a better-than-expected rise in quarterly sales at its restaurants on Monday, helped by strong international sales, especially in the UK and Germany, sending its shares up 3.6 percent.
This dividend has nearly two decades of contracted cash flows backing it. …read more […]
The Syrian army unleashed a massive bombardment against one rebel enclave on Monday and prepared for the withdrawal of insurgents from another as President Bashar al-Assad pushes to crush the rebels’ last besieged strongholds. More than 140 Syrian army air strikes hit the town of Rastan and surrounding villages in the rebel enclave between the cities of Hama and Homs early on Monday alongside sustained shelling, the Syrian Observatory for Human Rights war monitor said. Last week a Syrian government minister said the enclave would be the army’s next target …read more […]
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