This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Business Highlights

___

Fish McBites fail to spark McDonald's sales

NEW YORK (AP) â¿¿ McDonald's new Fish McBites failed to hook enough diners to get the fast-food chain's U.S. sales growing in February.

The world's biggest hamburger chain said Friday that a key sales figure was down 3.3 percent in the U.S. for the month. When excluding the extra day of sales in February of last year, which was a leap year, the company said the figure was flat. That was despite the rollout of the Fish McBites nuggets in three sizes, which were also offered as the first new Happy Meal entree in a decade.

The struggle to grow at home reflects the mounting pressures on McDonald's, which had managed to pull away from its rivals and thrive during the Great Recession.

___

New TSA policy on knives, bats sparks backlash

WASHINGTON (AP) â¿¿ Flight attendants, pilots, federal air marshals and even insurance companies are part of a growing backlash to the Transportation Security Administration's new policy allowing passengers to carry small knives and sports equipment like souvenir baseball bats and golf clubs onto planes.

The Flight Attendants Union Coalition, representing nearly 90,000 flight attendants, said it is coordinating a nationwide legislative and public education campaign to reverse the policy announced by TSA Administrator John Pistole this week. A petition posted by the flight attendants on the White House's "We the People" website had nearly 10,400 signatures early Friday urging the administration to tell the TSA to keep knives off planes.

___

Wal-Mart executive Leslie Dach to leave in June

NEW YORK (AP) â¿¿ Leslie Dach, who played an influential role in reinventing the image of Wal-Mart Stores Inc. in the face of mounting attacks by labor groups and other critics, is leaving the company in June after seven years.

The world's largest retailer said Friday that it has an active search under way to replace Dach.

2 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
SYM TRADE IT LAST %CHG

Markets

DOW 17,841.98 -86.22 -0.48%
S&P 500 2,080.15 -9.31 -0.45%
NASDAQ 4,919.6440 -19.6830 -0.40%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs