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Burger King Must Defend Misleading Whopper Lawsuit, Judge Rules
Article By:
Tyler Durden
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Sunday, September 3, 2023 3:19 PM EDT
Fast food chain Burger King finds itself in a flame-broiled fiasco. A United States judge ruled this week that a lawsuit alleging the company cheated its customers by misrepresenting the size of its Whopper sandwiches would not be dismissed.
How Big Is A Burger King Whopper?
Article By:
Angry Bear
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Sunday, September 3, 2023 9:57 AM EDT
Burger King Whopper is 4 ounces. A Wendy's single is 4 ounces. The real question is, can you misrepresent a product in advertising? Everyone may know the product is not what it is claimed to be.
UBS Cost-Cut Gains Are A Double-Edged Sword
Article By:
Lipper Alpha Insight
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Saturday, September 2, 2023 8:28 PM EDT
UBS on Aug. 31 said that it planned to keep the domestic business of Credit Suisse that it had obtained as part of its emergency rescue of the group, which would struggle as a standalone business in part due to a funding shortfall, USB concluded.
Current Analysis: Cardinal Energy (CRLFF)
Article By:
Fredrik Arnold
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Sunday, August 20, 2023 10:00 PM EDT
The company's principal business activity is the acquisition, exploration, and production of petroleum and natural gas in the provinces of Alberta and Saskatchewan.
In this article: CRLFF
Market Briefing For Monday, Aug. 14
Article By:
Gene Inger
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Monday, August 14, 2023 2:30 AM EDT
Battle lines are pretty clear, I suspect a shakeout start to the new week, then a rebound. The yield-curve is still steepening as there is fear around higher mortgage rates.
The AI-Driven Stock Market: A Ticking Time Bomb?
Article By:
Shelly Palmer
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Sunday, August 13, 2023 10:01 AM EDT
As we stand on the precipice of an overwhelmingly AI-driven financial world, we must ask: Are we prepared for the potential fallout? Gary Gensler has sounded the alarm bells.
PayPal Pays Price For Prolonged CEO Hunt
Article By:
Lipper Alpha Insight
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Saturday, August 5, 2023 11:45 AM EDT
PayPal on Aug. 2 reported 7% revenue growth in the second quarter from a year earlier and an adjusted operating profit margin increase to 21.4% from 19.1%, but it fell short of the company’s projection in May of about 22%.
In this article: PYPL
Most European Banks Prove Resilient In Bank Stress Tests
Article By:
ING Economics
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Monday, July 31, 2023 9:04 AM EDT
The European bank stress tests didn't reveal big capital gaps. Overall, we think the results confirm that the banking system is strongly capitalised and we see the results as supportive for bank risk.
In this article: EZU
Heading Into Earnings Season, Let’s Discuss Actual Corporate Profits
Article By:
Mish Shedlock
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Monday, July 10, 2023 11:29 AM EDT
Companies report profits to the IRS in standard ways. It would be nice to see standardization on earnings reports as well.
6 Director Elections In 2023 That Were Surprisingly Close
Article By:
Shareholder Vote Exchange
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Friday, June 23, 2023 7:00 AM EDT
Several top companies had close director elections this year, indicating that investors are unsatisfied with incumbent leadership. We could see an increased rate of shareholder activism if markets decline.
Market Briefing For Thursday, June 22
Article By:
Gene Inger
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Thursday, June 22, 2023 3:32 AM EDT
Skating on a razor's edge is how many have and do view current S&P action. I do not. I believe it's circling at a high level and is less dependent on the magnificent 7 to move forward.