Showing posts with label stock market. Show all posts
Showing posts with label stock market. Show all posts

Tuesday, January 30, 2007

Burger King (BKC)

Fast food giant Burger King (BKC) Burger King Holdings, Inc., through its subsidiary, Burger King Corporation, engages in the franchising and operation of fast food hamburger restaurants. Burger King also offers soft drinks and other food items. As of August 23, 2006, it operated approximately 11,000 restaurants in 65 countries worldwide. The company was founded in 1954 and is headquartered in Miami, Florida.

While Burger King (BKC) has jumped a up to 41% in the second quarter, and has declared it's first ever dividend as a public company. Check out the Stock Chart for Burger King (BKC)




Also you must notice that Burger King is currently the #2 burger chain, only to be behind McDonald's (MCD). And how can you like but like those Burger King commercials, but not only that. Though the fact that they had the best selling video game of the holiday season with the Xbox game collection they offered this past Christmas selling 3.2 million copies.

Stock Market Closes High on Tuesday

The Closing was a very and high this Tuesday evening, since the Dow Jones industraial closed adding 33 points, or .3%, to 12,523, and the Nasdaq Composite was also up 8 points, or .3%, at 2449. Even better the S&P added another 8 points, or .6%, at 1429. Not a bad Tuesday after all.

Though, we don't feel as if anyone is ready to make any really big bets, considering tomorrow starts a two-day Federal Reserve meetting. Some major talk for the next few days will be taking place in Washington, D.C., where the Fed is gathering for the first day of a policy meeting. The central bank will meet again Wednesday before wrapping up its initial conference of 2007.

While no one is expecting change in the fed funds for the 5th straight time, though this will be interesting to see how it place out on the market. While, so many are looking for some type of rate cute something this year, it will probably not happend in the next two days.