Sbarro's Files for Bankruptcy Again; Boeing's Shares Fall Amid Safety Conerns
U.S. stock indicies fell just slightly today. Boeing's (BA) shares fell today amid safety concerns involving the missing Boeing 777 jet. The aircraft maker dragged the Dow Jones down and was the biggest loser of the 30 stocks that make up the blue-chip index. McDonald's (MCD) shares continue to struggle as more people are striving for a healthier lifestyle. The harsh winter weather that many parts of the U.S. experienced also dragged down the fast food restaurants sales.Green Mountain Coffee Roasters (GMCR) announced that it has changed its name to Keurig Green Mountain, but the company will keep the ticker symbol the same. Sbarro, a popular pizza-maker that is found in many mall food courts, filed Chapter 11 bankruptcy today. This is the second time in three years that the company will be filing bankruptcy, citing that they are continuing to lose market share to many of its competitors.
Word on the Street
- General Motors (GM) creates team to lead recall investigation.
- Cars.com goes on sale for $3 billion.
- Are Netflix (NFLX) prices about to go up?
- Sbarro's files for Chapter 11 bankruptcy.
- McDonald's (MCD) shares fall as healthy eating becomes a priority.
- Boeing (BA) share's fall after Malaysian missing flight.
- Coupons.com (COUP) surges +87.5% on first day.
Published on Mar 10, 2014By InvestorGuide Staff