22 April, 2015 by The TZ Newswire Staff Comments Off on McDonald’s profit misses estimates as U.S. sales slump persists
McDonald’s profit misses estimates as U.S. sales slump persists
McDonald’s Corp. Chief Executive Officer Steve Easterbrook promised to give details of his turnaround plan for the struggling chain next month, following another quarter of declining sales and profit. “We are developing a turnaround plan to improve our performance and deliver enduring profitable growth,” Easterbrook said in a statement Wednesday. The prospect of a comeback plan placated investors after McDonald’s profit missed analysts’ estimates and the company posted a sixth straight quarter of decreasing U.S. sales.
22 April, 2015 by The TZ Newswire Staff Comments Off on Google set to unveil wireless service
Google set to unveil wireless service
Google Inc. is set to unveil its new U.S. wireless service as early as Wednesday, pushing the Internet giant further into telecom and injecting fresh uncertainty into a wireless industry already locked …
22 April, 2015 by The TZ Newswire Staff Comments Off on Chipotle shares sink as pork shortage cuts into sales
Chipotle shares sink as pork shortage cuts into sales
Concerns over a shortage of pork drove shares of Chipotle lower before the opening bell Wednesday. The Mexican food chain has been facing a shortage since January when it suspended a major supplier over …
22 April, 2015 by The TZ Newswire Staff Comments Off on Coke EPS, revenues beat Street expectations
Coke EPS, revenues beat Street expectations
Coca-Cola reported a rise in revenue for the first time in nine quarters.
22 April, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: ‘Flash crash’ day trader vows to fight extradition
The Wall Street Journal: ‘Flash crash’ day trader vows to fight extradition
Navinder Singh Sarao says in court he will fight U.S.
22 April, 2015 by The TZ Newswire Staff Comments Off on Metals Stocks: Gold slips below $1,200 as traders eye dollar
Metals Stocks: Gold slips below $1,200 as traders eye dollar
Gold futures consolidate around the $1,200-an-ounce level as traders eye moves by the dollar.
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22 April, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: ECB raises emergency lending cap for Greek banks
The Wall Street Journal: ECB raises emergency lending cap for Greek banks
The ECB increases the amount of money Greek banks can borrow under an emergency lending program, extending a lifeline for the country’s banks as its government continues tense negotiations with its creditors over its bailout program.
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