Today we are watching…
1. McDonald’s (#macd)
Calling all readers in Houston, Texas, and Knoxville, Tennessee! How about investing in McDonald’s new chicken sandwich and letting the rest of us in on how the new menu item tastes? The fast-food chain is retaliating against the sales-surging chicken delights released by Chick-fil-A and Popeye’s. Owned by Restaurant Brands, Chick-fil-A has tripled sales this past decade by licensing stadium and college campus sites at breakneck speed. With chicken sandwiches proving the solution to weakening consumer appetites for eating out on a budget, a chicken war has broken out between McDonald’s and its rising competition! Can you give the Invstr community the inside scoop?
2. Delta Air Lines (#delta)
Delta and its peers could not have picked a worse time for 3 inches of snow to fall. The week before Thanksgiving is traditionally the most airborne period of the year in the States, with millions traveling to see loved ones and investors trading on that accordingly. Departures went smoothly enough, but many return journeys are delayed or canceled due to storms! Delta has waived change fees and is lucky not to have its airport hubs located in the worst-hit areas (like United Airlines at Newark). As airlines audit their next quarterly financial reports, investors will find out what that’s worth!