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Tag Archives: McDonalds

Key Events In The Coming Week: ECB Taper, Q3 GDP And Durables

The main even this week will be the ECB's taper announcement on Thursday where consensus expects the ECB to announce a QE extension of €30bn per month for 9 month until Sep-18, with potential extension after. Net purchases between now and Dec-17 will continue at €60bn per month as planned. To cope with rate hike expectations, the ECB is also expected to strengthen forward guidance. In Canada, the BoC is no longer expected to hike rate this Wednedsay, instead, it will likely have a gradual...

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CDC Says Americans Are Fatter Than Ever Before; 40% Of Adults Now Considered Obese

Despite the best efforts of our political elites to ban sodas, among other products deemed unhealthy by our growing nanny state, Americans just continue to grow ever fatter.  According to a new study from the Centers for Disease Control, 40% of Americans are now obese, a new all-time record high, and over 70% are overweight.  Per NBC: A troubling new report released Friday by the Centers for Disease Control and Prevention shows that almost 40 percent of American adults and...

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US Restaurant Industry Stuck In Worst Collapse Since 2009

One month after we reported that the "restaurant industry hasn't reported a positive month since February 2016", we can add one more month to the running total: according to the latest update from Black Box Intelligence's TDn2K research, in June both same-store sales and foot traffic "growth" declined once more, dropping by -1% and -3%, respectively, extending the longest stretch of year-over-year declines for the US restaurant industry to 16 consecutive months - the longest stretch since the...

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McDonalds Is Replacing 2,500 Human Cashiers With Digital Kiosks: Here Is Its Math

The stock market is luvin' McDonalds stock, which has continued its recent relentless rise to all time highs, up 26% YTD, oblivious to the carnage among the broader restaurant and fast-food sector. There is a reason for Wall Street's euphoria: the same one we discussed in January in "Dear Bernie, Meet the "Big Mac ATM" That Will Replace All Of Your $15 Per Hour Fast Food Workers." In a report released this week by Cowen's Andrew Charles, the analyst calculates the jump in sales as a result...

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Bill Introduced Allowing Cancellation Of Over $1 Trillion In Student Debt Through Bankruptcy

Courtesy of Sov Man's Simon Black, here are several of the most bizarre legal anecdotes to take place in the US and around the globe over the past week, staring with a bill currently making its way through Congress, which is seeking to wipe out over $1 trillion in student loans. * * * A Convenient Way to Cancel a Trillion Dollars of Debt What happened: Bankruptcy is like the ultimate get out of jail free card. You just get to wipe the slate clean, and even though your credit score and...

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Caterpillar, McDonalds Shares Surge After Smashing Estimates

Dow component Caterpillar and McDonalds are both spiking in the premarket after smashing expectations, in both cases reporting numbers above the highest Wall Street estimate. Confirming the rebound in global sales, its first up month since 2012, Caterpillar reported 1Q adjusted EPS $1.28, more than double the consensus estimate of 62c, on revenue of $9.82b, higher than the estimate of $9.27 billion, and above the highest Wall Street forecast of $9.59BN.  That said, on a GAAP basis, EPS...

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For The First Time In Its History, Subway Shutters Hundreds Of US Stores

For the first time in its 52 years of operation, Subway announced that it contracted in 2016, shuttering 359 US locations which as Bloomberg described was the "biggest retrenchment in the history of the restaurant chain" whose total store count dropped 1.3% from 27,103 in 2015 to 26,744 even as it remained the most ubiquitous fast-food eatery in the US, although McDonalds still tops if by sales. “Sales for 2016 reflect our focus on international growth,” the Connecticut-based company said in...

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McDonalds Tweets Trump: “You Are A Disgusting Excuse Of A President, Also You Have Tiny Hands”

Update: It appears McDonalds needed Twitter to tell Robert Gibbs and the company's Corporate relations team that their account had been "compromised." Twitter notified us that our account was compromised. We deleted the tweet, secured our account and are now investigating this. — McDonald's (@McDonaldsCorp) March 16, 2017 And so, as MCD has washed its hands of the rogue tweet and blamed "compromising" actors, the company has generated substantial media buzz... the only question is whether the...

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The War Against Humans Wins Another Fight

  Interested in precious metals investing or storage? Contact us HERE          The War Against Humans Wins Another Fight Posted with permission and written by Rory Hall (CLICK HERE FOR ORIGINAL)       Robotics grow stronger everyday. Technology becomes “smarter” everyday and doubles its capacity approximately every two years. The giant multi-national corporations, the owners of our world, are doing their level best to automate as many task as...

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The US Dollar Is Now Overvalued Against Almost Every Currency In The World

Submitted by Simon Black via SovereignMan.com, In September 1986, The Economist weekly newspaper published its first-ever “Big Mac Index”. It was a light-hearted way for the paper to gauge whether foreign currencies are over- or under-valued by comparing the prices of Big Macs around the world. In theory, the price of a Big Mac in Rio de Janeiro should be the same as a Big Mac in Cairo or Toronto. After all, no matter where in the world you buy one, a Big Mac generally consists...

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