News on QSR, Restaurant and Food Service Trends from the United States

January 26, 2008
Yum Brands OKs additional share buyback
 Yum Brands (NYSE:YUM) Inc., which operates the Taco Bell, KFC and Pizza Hut chains, said Thursday its board approved the repurchase of up to an additional $1.25 billion in common stock.The company said this authorization, which lasts over the next 12 ...
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January 25, 2008
McDonald's Shares Rise, but Analyst Lowers Price Target Due to U.S. Economic Weakness
A Thomas Weisel analyst cut his price target on McDonald's Corp., anticipating a U.S. market slowdown.   Matthew DiFrisco said he expects the company to do well despite declining consumer spending and other economic issues, however.   "With its ti...
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January 25, 2008
McDonald's announces Q4 results monday
McDonald's Corp. reports its fourth-quarter results before the start of trading Monday. Analysts Expect McDonald's to Earn 71 Cents Per Share in the 4th Quarter.
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Calorie counts on Menu soon mandatory in New York City
January 22, 2008
Calorie counts on Menu soon mandatory in New York City
Restaurant chains in New York will be forced to put calorie counts on their menus as part of a healthier eating campaign. The city's health board hopes the fat-filled truth about some dishes will shock diners into choosing alternatives. The new rule ...
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January 22, 2008
Nueva York: intentan imponer conteo de calorías en menus
Una agencia municipal aprobó el martes un plan para obligar a cadenas de restaurantes de comida rápida a poner la cifra de calorías de sus alimentos en menús, con la esperanza de que eso fuerce a los neoyorquinos a comer de manera más saludable.
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January 17, 2008
McDonald's sees 2008 capital spending at $2 bln
McDonald's Corp's chief financial officer reiterated the company's forecast for capital spending of about $2 billion in 2008, split between new restaurants and renovation of existing ones.   Speaking at a conference on Wednesday hosted by Cowen and Co....
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January 17, 2008
McDonald´s quiere reinventarse con una jugosa inyeccion de capital
McDonald´s Corp, la cadena estadounidense de comida rápida proyecta para el año 2008 invertir en capital una suma de de 2,000 millones de dólares, que se repartirán entre los nuevos restaurantes y la renovación de los locales ya existentes.
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January 17, 2008
McDonald's drops report card advertisements
Remember the attention last month over McDonald's using the covers of Seminole County elementary school report cards to pitch Happy Meals to kids? The company defended the practice, saying it was simply giving rewards to students who got good grades by...
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January 16, 2008
Westchester trans fat ban now in effect
Westchester County’s ban on the use of cooking oils that contain trans-fat is now in effect for restaurants, school cafeterias and other licensed food service establishments. Starting January 15, 2007, Health Department inspectors will check for trans...
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January 11, 2008
Boston moves towards trans fat ban
Following the lead of New York City and Brookline, health regulators in Boston last night took the first step toward banning artery-clogging trans fat from French fries, doughnuts, and other food sold in restaurants and corner stores. The Boston Publ...
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McDonald's for news
January 11, 2008
McDonald's shares fall on concern over US consumer
Shares of McDonald's Corp fell as much as 8 percent on Friday, as a survey of franchisees showed December same-store sales grew at the lowest level in the six-year history of the poll. The survey of 31 domestic franchisees, representing 195 restauran...
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January 08, 2008
Wendy's takes a hit from analysts
With the possible sale of Wendy's International dragging into the new year, questions are being raised about the direction of the Dublin-based burger chain. Some industry analysts have been hammering Wendy's on a number of fronts, pointing to "lac...
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January 07, 2008
Burger chains All Deploy 99-cent Price Point as Marketing Tactic to Reach Budget-Conscious Consumers
After years of playing into the mass-affluence trend by trying to get their consumers to trade up to pricier, fancier fare, McDonald's, Wendy's and Burger King are all deploying the 99¢ price point as a key marketing tactic going into a year when middl...
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January 04, 2008
Burger Chain Shares Drop After Wendy's Disappoints With Dip in 4th-Quarter Same-Store Sales
Shares of the nation's burger chains fell Friday as disappointing sales results at Wendy's International Inc. made some on Wall Street question whether fast food stocks could be impacted by a consumer spending slowdown. Before the market opened, Wendy'...
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January 02, 2008
More QSR restaurants stay open late
With Americans working and partying later than ever, quick-service restaurants (QSRs) are responding to the midnight munchies with extended hours, and in some cases, throwing away the "closed"sign altogether.Taco Bell, Wendy's and Burger King...
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December 31, 2007
Analyst Says Wendy's Turnaround Stalling
A Lehman Brothers analyst said Monday Wendy's International Inc., the nation's No. 3 hamburger chain, is struggling to turn its business around, despite a consumer environment that should help fast food restaurants garner more customers. Analyst Jeffr...
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December 21, 2007
McDonald's sees restaurants as green laboratories
From low-flow water faucets to converting French fry oil to fuel, McDonald's Corp is testing ways to reduce the impact its 31,000-plus restaurants have on the world's resources. The hamburger chain, whose iconic brand and presence in 118 countries has ...
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December 13, 2007
South Los Angeles moves forward with fast food restaurant ban
Despite concerns over its broad sweep, a city panel on Tuesday moved ahead with a plan to ban fast-food restaurants in South Los Angeles. The proposal from Councilwoman Jan Perry was approved by the council's Planning and Land Use Committee even thou...
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