NORTHLAND'S FAVORITE HITS » Wall Street

Wendy's Updates Logo To Match Restaurant Upgrades; Company Hopes To Ignite Long-Term Growth

Steve Tanko — Thu, 11 Oct 2012 18:48:04 +0000

No, the pigtails aren’t going anywhere. But the “Wendy’s experience” is about to change – company officials hope for the better. March 2013 will see a new, updated logo for the company – the first since the chain opened in 1969. Gone will be the red block letters against a yellow background. In their place [...]

Walmart Reels From Bribery Charges

Steve Tanko — Mon, 23 Apr 2012 15:03:32 +0000

While Walmart continues to deal the charges that it attempted to halt an inquiry into bribery charges in relations to it’s Mexican operations, Wall Street showed that it has it’s own concerns with the mega-retailer. Wal-Mart Stores Inc shares fell 4.7 percent in early trading on concerns that an investigation into allegations of bribery at [...]

Beware: Fiscal Cliff Looms For U.S. Market

Steve Tanko — Thu, 19 Apr 2012 17:25:41 +0000

As a country, we’ve done nothing to manage our debt the last couple of years. In fact – we’ve added to it at a record rate. Wall Street-”dooms-dayers” foretell of a fiscal cliff that the market is headed for. The U.S. economic outlook for next year is being shadowed by what economists are calling the [...]

GAP Closing One-Third Of It's U.S. Stores

Steve Tanko — Fri, 14 Oct 2011 14:51:57 +0000

Telling financial news that the economy in the United States is still suffering: GAP announced that it will close one-third of it’s domestic stores by 2013 – while expanding globally. Although it is shrinking its retail footprint in the U.S., the company announced it is expanding Gap and Banana Republic stores in China, Italy and [...]

Some Restaurant Chains Prosper With Customers Despite The Economy

Steve Tanko — Thu, 13 Oct 2011 14:59:20 +0000

Sure the economy has been tough on all businesses – especially restaurants. But, financial analysts on Wall Street have taken note of some of the more resilient restaurant chains – going so far as to say that they would make good stock picks. Orlando, Florida-based Darden Restaurants has recently been lauded by Goldman Sachs [...]

Kodak Preps For Bankruptcy

Steve Tanko — Fri, 30 Sep 2011 20:12:17 +0000

Historically, changing technology has left many innovative companies in the dark as progress marches on; It appears that this fate might be waiting for the Kodak film company.
Eastman Kodak (EK) has hired law firm Jones Day for restructuring advice as it faces growing concerns from investors over its turnaround prospects, The Wall Street Journal reported this afternoon

U.S. Bails Out Chicken Industry; This Is The Time To Fill Your Freezer

Steve Tanko — Wed, 17 Aug 2011 21:50:27 +0000

First it was the automotive industry. Then it was the health care industry. Then Wall Street. Now the United States is bailing out the chicken industry -- to the tune of $40 Million.

Despite extraordinarily-low prices at the supermarket, there's a glut of chicken on the market. Apparently people aren't buying enough of it. So, to ease the financial strain on chicken farmers, the U.S. has placed a $40 million order for the birds.

Angry Mom Hires Plane to Fly Nasty Message Over Wall Street

Shauna Wright — Fri, 12 Aug 2011 20:17:55 +0000

At lunchtime on Tuesday, New Yorkers in Lower Manhattan were treated to an unusual sight — a small plane buzzing by the Standard and Poor’s building, towing a banner that read, “Thanks For The Downgrade: You Should All Be Fired.”

Commissioned by St. Louis banker and single mother Lucy Nobbe, who paid $895 to hire the pilot, the fly-by was a reaction to the US losing its longtime AAA credit rating last Friday.

Wall Street Runs On Dunkin Donuts: First Day Of Public Trading Looks Good

Steve Tanko — Wed, 27 Jul 2011 17:43:47 +0000

Just like their current advertising slogan – “American Runs On Dunkin Donuts” – the venerable coffee chain is also ruling things on Wall Street. On its first day of trading Wednesday, the stock was up 40% at $26.78 from an opening price of $19.Just like their current slogan – “America Runs On Dunkin Donuts” – [...]