Chains like McDonald's, Burger King and Wendy's are trying to bring customers back with deals.
The Nasdaq 100 closed higher by over 1% during Friday's session. Investors, meanwhile, focused on some notable insider trades.
The United States' Federal Trade Commission may be preparing to crack down on franchisors' unfair business practices. McDonald's franchisees are also growing increasingly frustrated with mandated promotions they can't afford to offer or participate in.
Zacks.com users have recently been watching McDonald's (MCD) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
McDonald's Corp MCD has announced a plan to open over 200 new restaurants in the UK and Ireland, marking its largest regional expansion in over 20 years.
Investors might have avoided some consumer discretionary stocks due to growing inflation concerns and rising credit card delinquency rates. When personal finance conditions become so tight, consumers tend to restrict their spending to only the necessities for everyday life, a category under which shares of McDonald's Co. NYSE: MCD surprisingly fit.
McDonald's reportedly suffered a hack of its Instagram account Wednesday (Aug. 21), with the hackers claiming they used the fast-food giant's account to promote a fake cryptocurrency that they dubbed “GRIMACE” and pocket $700,000 from the scam. The hackers' posts were later deleted, the New York Post reported Wednesday.
McDonald's Corp is planning to open over 200 new restaurants across the UK and Ireland, creating some 24,000 jobs, with many set to be placed on high streets. This marks the Big Mac maker's biggest expansion in the country since 2002 and comes as part of a £1 billion investment spree by the chain and its franchisees.
24/7 Wall St. Insights Analysts disagreed about how McDonald's Corp.
That results in a net cost for the trade of $1,690 per spread.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Unemployment and inflation data currently imply that the strength of the economy is a mixed bag. Financial institutions such as Goldman Sachs and JP Morgan both see a chance of a recession in 2025.